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What Business Can I Start With 1 Million To Make 5k Daily? - Business (13) - Nairaland

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Re: What Business Can I Start With 1 Million To Make 5k Daily? by Olayetan(m): 4:49pm On Feb 22, 2020
STDisReal:
Hello guys, Please i need a business that I can start with 1 million naira and it will be fetching me between 5 - 10k daily.
I will like if it meets the following specifications
Type of business: Offline
Less supervision: I have a stressful 9 - 5 work
Easy accountability
Location - Abuja
Op
Your area should determine the kind of business to dive in that would require less of your time but to me, n as I'm in lagos and with the heat of nowadays, what i will venture into with that money is to get a shop (250k)
Get ice block machine(it comes in different sizes but the one of 250k should be okay) get a double door deep freezer (200k) then stock my shop with soft drinks and table water (100k) get a gen that can power both machine for 200k all together is 1m.


People are always looking for cold drink every season even in hamattan season.
You start selling cold drink to traffic hawkers and also sell ice blocks to people who have party or any event then grow big in the business...

7 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by gozzlin: 4:50pm On Feb 22, 2020
Pufpuf:
I’m a medical doctor who trade in forex. I can give you 200k return on your 1million every 30days. PM for details @; deledkingdomcitizen@gmail.com

Nonsense.

7 Likes 2 Shares

Re: What Business Can I Start With 1 Million To Make 5k Daily? by ministeriallist: 4:51pm On Feb 22, 2020
Gforce2015:


Can you come and sow it into my church. Every one naira you sow to my church will definitely yield fruitful results In many folds.
grin
Re: What Business Can I Start With 1 Million To Make 5k Daily? by depato88(m): 4:53pm On Feb 22, 2020
iLegendd:


I like this cow business and I may go into it. There is one thing I'll tell you. If you give me that 50k, I'll turn it to millions in a year online.

I'll use that money and hire a ghostwriter to write a book for me on a topic people are constantly buying and publish it online for the entire world to buy and read. This is a golden business most Nigerians don't know too much about yet.

No single day on earth passes by without me making at least 10k — 100k+ while I sleep just by doing nothing. I do the work once, I make money forever.

Yesterday was a bad day, so in one of my accounts, I made only 14k — which is £30 with 1 book. See picture below.

My other accounts made different amounts. All these money were made while I was sleeping and when I get to 101 years and gone, my children will keep making money from these books — they are permanent intellectual properties that will generate passive income from generation to generation.

Another man would take this 50k and make more than me. The reason I replied you is to let the OP know that he has two choices

1. Making permanent money online for the rest of his life and many more generations to come while sleeping
2. Making money offline while either working or supervising it every single day at the detriment of his time or making that money offline without being around, but he won't be getting as much profit as he would've gotten if it were an online business like the one I mentioned above

Note: to anyone who is interested in the book business, there is no need to send me a PM or a WhatsApp message — all you need are on Google or YouTube for free.

Digital money is the way. Interested people can get info for free online on how to go about it or get a mentor who has worked the work. Sadly, I don't offer any coaching, teaching, tips-giving, or mentorship at the moment.

After succeeding in digital money, withdraw and invest offline, especially in Real Estate or other lucrative businesses like the one you suggested or others talked about.

All the best.

am interested...08109006560 whatsapp letz talk
Re: What Business Can I Start With 1 Million To Make 5k Daily? by ecosystm(m): 4:53pm On Feb 22, 2020
Go into Pos business. You can make min. 5k and above daily.. Have like 3payment points sited in good locations like major junctions, markets, residential area or go to semi urban areas where they are no atms and banks are far..

With the 1m..
Needed: get a branded kiosks 3 min cost 100k, rent of the space
Look for good mobile money companies and registered your get your POS.. Some are free while others you pay..
Make sure you get an instant value Pos.. Not t+1..

Staff.. You need reliable staffs at least 4, 3 are attendants.. While 1 will be your manager with duties of going round to provide supports for the attendants..

Salaries ranges 10 to 15k monthly option of increment as the business increases..

In all with less than 400k you be able offset your initial costs.. Your capital outlay can be 150k for each points..

If you can contact me for any information regarding Pos business..
mdonk4321@gmail.com
08080134343
I work as a mobile money/financial inclusion services provider..

4 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by Olayetan(m): 4:57pm On Feb 22, 2020
okoroemeka:
my friend has a mega bet naija shop in anambra state complete with sound proof generator,fully air-conditioned and CCTV everywhere,he rakes in not less than ₦200k in commissions every Tuesday,he closed down his previous restaurant biz to focus more on the betnaija biz,he raked in 13 million naira last year from the betnaija shop,I didn't believe until I saw with my own two korokoro eyes, gambling is surely a big business.

If someone is earning 13m yearly as a commission from gambling business then think of what the owner of the company would be raking every year..


So people can be this dumb to waste their hard earned money on gambling that ain't sure at all.


I will consider opening this shop in a remote area when i have the capital

3 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 4:59pm On Feb 22, 2020
Good bless you for the feedback sir. How are your birds?

Daddy46:
it's what I do poutry it's look stressful but it's pays and you may end up employing so many people with time

1 Like

Re: What Business Can I Start With 1 Million To Make 5k Daily? by Valuedcars: 5:00pm On Feb 22, 2020
I have two Foreign Used Toyota Corolla for sale in Port Harcourt.

Toyota Corolla 2010 Le for 2.7m ONLY
Toyota Corolla 2009 for 2.6m ONLY
NEGOTIABLE.

Available now in Port Harcourt.

Please check my signature.
Re: What Business Can I Start With 1 Million To Make 5k Daily? by xrayj(m): 5:01pm On Feb 22, 2020
banio:


Yes ooh.
Three bedroom can do the trick or an empty land on which U can build batcher and start small.
This is one business I would have loved to go into. But how do schools get students?
Re: What Business Can I Start With 1 Million To Make 5k Daily? by shinabrown: 5:02pm On Feb 22, 2020
Blackmiserable:


That cow with ODE written cost 50k?

Please can you tell us the address of where you bought the cows at ilesha
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:04pm On Feb 22, 2020
emman44:

No go area.

Your opinion....people still eqt eggs, prove the in as much it is a no area for you, people still do it.

Its like living in Northern nigeria, to some people, thats a death entence,
but does that mean no people in the north that are triving?

Please dont misunderstand me, just want to know your thoughts.
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Nobody: 5:05pm On Feb 22, 2020
Real estate still remain the best.

Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:08pm On Feb 22, 2020
Emsco, its wonderful to think long term, if there is anything i have learnt in this
that school failed to teach is, "life is in a constant flux" Can you recall the number of times you have
updated your whatsapp in the last one year?

I try to embrace chqnge everyday.
Sorry for digresing

emsco:

you are on point, i don't even go to bet shop anymore, i punt on my my phone .

1 Like

Re: What Business Can I Start With 1 Million To Make 5k Daily? by seemegold: 5:08pm On Feb 22, 2020
oyeezah:
Sorry to bring this here.

Please who knows a market I could get Kampala fabrics in wholesale? I live in ilorin.

Abeokuta adire market is the best.just google for more information.

2 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by Johnboom: 5:09pm On Feb 22, 2020
EliteDude:
Then let me offer my 2cents.
Start a poultry business. (LAYERS).
At first you will need assistance from a faithfful and trust worthy manager.
With time, when the business picks, you can expand and even resign your day job.

It will take about 5-7 months before you start getting your return though.
Let me add this, as with any business, its not a bed of roses, but it is a very good business.

Start small, if you are interested, i could offer you help with cost and start up analysis, with my little 5 years experience.

Cheers!!!
Pls I am interested. Could you send me the analysis.
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:12pm On Feb 22, 2020
ghettochild4u:

LOL.. Betshop have come to stay... The only technology will b to enter the Betshop sit in front of system.... Book ur game.... Then go make payment and get ur ticket...
So Betshop is here to stay on the long run...
Cos the average Nigerian likes to get cash from Betshop than wait to be paid into acct

Thqnks for sharing your opinion bro, but let time be the Judge.
You know bet shops now have free DSTV, come and watch football free....
thats innovation, they want people to keep coming. But let time decide.
Because one day, with the way technology is going, it will be very hard for people to type with their phones....selah (think about that)

2 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by shogsman(m): 5:12pm On Feb 22, 2020
Fhemmmy:


With bans all over the place on bikes and Napep, don't you think this will be a polluted business soon?
And you just assumed I'm in lagos

3 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by GregJames(m): 5:12pm On Feb 22, 2020
Food biz
Re: What Business Can I Start With 1 Million To Make 5k Daily? by SOFTENGR: 5:12pm On Feb 22, 2020
addexx:
PLEASE WHAT BUSINESS CAN I START WITH 5K THAT WILL EARN ME 1 MILLION PER DAY? kiss
Take it easy o! You sound desperate.
Las las fraudsters will collect the change you get. grin grin grin

3 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by Ofemmanu1: 5:12pm On Feb 22, 2020
INDUSTRIALFAN:
I can give you contact of someone that can put you through. You basically need at least 2 different POS machines which costs about 70k each or so to get from the bank( cos of network fluctuations) a small shop, table and chair(you can add extra measures for security reasons) and about 300k capital to start off with( probably have about 100k at a time in cash and be ready to go to the bank quite often to withdraw or deposit cash given to you to help pay into accounts by individuals) my sister charges 700 naira for every withdrawal above 10k and since its convenient for those in her area, she is the preferred option instead if going too far. There are about 4 pos points where she is and she still rakes in at least 10-15k daily..

Best target areas are car parks, markets(food or spare parts.... Especially spare part markets) or anywhere where there is no ATM close by.
Thanks for your detailed response.
However, ATMs are here in my town o!
There are up to 10 ATM's in one point sef.

This POS thing is not for my woman then.
She's just at home baby-sitting till I get back from work and I thing it's not too good for her brains.

2 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:13pm On Feb 22, 2020
Welcome on board. It involves work o. And Op please, no vex, Analysis go soon drop.

Buffalo2:
Wow! I ve been thinking of starting this business for a long time. Lemme reach you IMMEDIATELY
Re: What Business Can I Start With 1 Million To Make 5k Daily? by Cousin9999: 5:13pm On Feb 22, 2020
It depends on your market, background, comfort zone, time, and network.

Here's some universal ideas to consider. You can modify some of these to suit the local market:

https://smallbiztrends.com/2017/07/1000-dollar-business-ideas.html

https://finance.yahoo.com/amphtml/news/businesses-start-under-1-000-193000588.html

https://www.doughroller.net/small-business/6-businesses-you-can-start-for-under-1000/

Honestly, one of the best ideas is to research an unseen need that can be satisfied online. That way it costs you no more than a connection and whatever cheap/free tools can automate most of it. You also want something that doesn't rely heavily on other people. And think in terms of longevity; watch out for competition. Some of the best hustles are too little for the big guys or greedy to bother with, but just enough for you.

2 Likes 1 Share

Re: What Business Can I Start With 1 Million To Make 5k Daily? by Johnboom: 5:16pm On Feb 22, 2020
emmaodet:


Yes sir, bought it at ilesa this January.
I bought 5
I bought Gazey - the local cows with hirn.
Agric specie is Bokolo without horn but always fatter, more rapid growth but less roughed like the native local gazey
Pls WhatsApp me . My no is 08032781837
Re: What Business Can I Start With 1 Million To Make 5k Daily? by INDUSTRIALFAN(m): 5:16pm On Feb 22, 2020
Ofemmanu1:

Thanks for your detailed response.
However, ATMs are here in my town o!
There are up to 10 ATM's in one point sef.

This POS thing is not for my woman then.
She's just at home baby-sitting till I get back from work and I thing it's not too good for her brains.
oh okay... True.. If there re ATM's around, it won't pay that much. Except maybe for people that need to make deposits she can charge from that but it may be slow start

2 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:19pm On Feb 22, 2020
Lekan111:
Can one start with small capital say 150,000 naira only?

You can start Broilers with that, the truth is that, in layers, the more number you raise, the lesser your expenses and effort (economists can help with this) i.e if you raise 500 birds you will still put in thesame effort (not necessarily cash wise) when raising 100.
Dont know if you get my point.

If i raise 100 birds and you raise say 20. If we both hqve 5% mortality rate, we visist farm 3times daily.....who does more work compared to total output and who is likely to gain more but in time cost and economic cost.

3 Likes 1 Share

Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 5:19pm On Feb 22, 2020
medina230:


A trap...are u gonna recommend a fulani for him? If no...pls dont it

Am not here to spoonfeed him rather to create aware so that he can carryout his own research.
I don't have to recommend anybody to him, he needs to do his homework.
And in Life, just like a prominent Entrepreneur said (have forgotten his name), you don't need to have all the informations, materials and finance you need to start a business. All you need is just 40% of Information and if you are Wise, Smart and Proactive - it is more than enough to kick you starting and digging.
Pls, don't be a Lazy Nigerian Youth.
This is year 2020, let us be productive.
Use more of your phone and data for researchs, information gathering, networking etc

6 Likes

Re: What Business Can I Start With 1 Million To Make 5k Daily? by emmaodet: 5:20pm On Feb 22, 2020
Olayetan:

That's like 27k in a year


How long do they graze them before they reach maturity or reach a value of 150k to sell them off.


Lemme do my math.

Between 8-12 months depending on the specie

1 Like

Re: What Business Can I Start With 1 Million To Make 5k Daily? by chuksvee(m): 5:21pm On Feb 22, 2020
henrico247:
Become a habib yoghurt dealer, have your own outlet. Am a dealer and I make like 10k on daily basis. Try it and thank me later.
i will like to know More about this, though I'm based in owerri
Re: What Business Can I Start With 1 Million To Make 5k Daily? by EliteDude(m): 5:21pm On Feb 22, 2020
Fhemmmy:


A mind that can think like this is a forward thinking and a smart one . . . keep up bro/sis and heaven will be the starting point.

Thanks for stopping by.
Trying to understand the future from the past bro/sis.
Re: What Business Can I Start With 1 Million To Make 5k Daily? by bizzibodi(m): 5:21pm On Feb 22, 2020
Flames000:

Deadbody
Looking around town for dead body with dyna?u must b kidding.
Re: What Business Can I Start With 1 Million To Make 5k Daily? by shogsman(m): 5:22pm On Feb 22, 2020
CarolineOlawale:


Can you explain further how this bike thing works sir?
It doesn't require any special skills as far as I know, I got 4 bikes, reached out to youths in mu environment that are eager to work,drew up a contract and gave them the bikes, they deliver 2500 each, that's 10k everyday,some of them even make their weekly payment once cos they see more than enough money, some of them make more than 6k a day.
I get 10k,70k weekly, 300k monthly.
And they've never owed me a dime, it's a win win situation. I recovered the money I used to get the 4 bikes within the space of 6 months, now I'm trying to get 6 More. Which will be an addition 105k for me every week.I'll be making at least 175k weekly.

17 Likes 1 Share

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