Business
Comment 1

What business would you start if someone gave you a N100,000?


Majority of people would love to start and run their own businesses. That is not even in doubt. You can easily come across someone who claims that their problem is not the lack of ideas but of start-up capital.

Read Related: HOW DO I FINANCE MY BUSINESS WITH INVESTORS?

Adeleke David popped the question on Techcabal.com’s Radar forum “If Someone Gave You 100,000 Naira To Start A Business, What Business Would You Start?” Read the different and sometimes funny responses from the Radar. Enjoy.

See: BOOKS CONTAIN MONEY YOU ARE LOOKING FOR

CHUKS:

“100K approximately $450?

By business I’ll assume you mean something profitable.

Go to Flippa put up 50-70 buck for one of those neatly styled sites. Unique theme, aggregated contents.

Put up bid for a video feed site or deals or travel search.

See Also: HOW TO SOLVE THE PROBLEM OF UNEMPLOYMENT IN THE WORLD ONCE AND FOR-ALL

When you have it. Apply for a pay per call network, one of the reputable ones. (Ringpartner/Callmarketing…etc). They are vastly easy to get into, it is still early days for pay per call advertising.

Before you apply however you can go to fiverr to buy Alexa traffic to jump start your score, these networks try to measure traffic by looking at your Alexa score. Lazy? Yes, but apparently they’ll run you through Alexa to verify, even Yahoo Advertiser Syndication networks still rely on Alexa, some.

READ: CAN MOHAMMUDU BUHARI CHANGE YOUR LIFE?

You will still have like $400 remaining, go to adwords buy placements for any of the highest paying offer in your PPcalls account, one successful rehab call could land you between $150-250. So you need less than 6 conversion to even your overall budget which you can nail under 200$ if you get your placement right.

Almost all the Ppcall networks payout Net 14 days, tops. Especially the dedi ones.

Rinse and repeat. By 2 months if you’re really smart and quick on your feet, you may be counting up to 2K USD, as profit, not spend for the ad cycle.

Alternatively you could just start Recharge Card business.”

Read: FIVE IMPORTANT PRINCIPLES OF GROWTH

Image: freeimages.com

Image: freeimages.com

DAVIDSMITH8900

“If you don’t mind me cheating, (assuming I’m homeless), I’ll start 5 businesses at the same time. Not just one.
1. Instant Messaging Business but not like the normal/typical ones with 10,000 Naira and alot, I mean alot of open source software/tools.
2. Tutoring Business (if Im near a school or university) with 10,000 Naira
3. Freelancing Business by getting freelancing projects for people across the world with 10,000 Naira
4. Hardware Business by getting old laptops/phones/tools and creating new laptops/phones from them with around 15,000 Naira
5. Music Business with 5,000 Naira.

Read: DO’S AND DON’TS WHEN STARTING A BUSINESS

Remembering that I’m homeless, I’ll save 25,000 out of the remaining 50,000 for hierarchy of needs like food, water and once in a while bathing. If bathing is expensive, I’ll take that out. I’ll probably keep the remaining money for emergency or miscellaneous needs or if I find better business opportunities. Depending on which of my businesses is doing good or bad, I’ll add or subtract my initial money.”

Read: Money is beyond physical Cash

AKINDOLU:

“Okada business is top on mine. One should be able to get one below 100.”

Related: WHERE DOES MONEY COME FROM?

OGECHI_DANIEL_NDUKWE:

“I swear, I ll start a drop shipping store for Baby Diapers!”

UDEMESAMUEL:

“Start a tech shop in my area, selling accessories of phones, tablets, and downloading of mobile movies, and songs, cd softwares. and also have a website for it with a facebook, instagram and twitter page for online and offline traffic, with a budget of N10k for facebook advertisement for awareness.”

READ: 10 REASONS WHY MONEY ARE PEOPLE

JEKAYODE:

“In a place like Ilorin, Laundry/Barbing Salon Business comes to mind.”

Read: 8 REASONS WHY THIS IS THE BEST TIME TO START YOUR OWN BUSINESS

Fam! If someone gave you 100,000 naira to start a business, what business would you start?

Views expressed are only those of the authors.

Follow us on Twitter: @Pitakwatimes and Like our Facebook page.

You may share your own views in the comments section.

NOTICE: You can now send us your articles and stories and get published right away. For more details click here.

 

 

 

1 Comment

  1. with only #4000 ($20) start an amazing business with melisfon. Join the melisfon family winning team and Lets keep earning and winning together.

    WHAT IS MELISFON?

    MELISFON(MERIDIANS LIFE SUPPORT) is an NGO committed to put smiles on the faces of everyone including the less privilege.

    – No buying
    – No selling of Phisical products but services
    – 100% risk free

    It requires a one time donation fee of $20 (#4000)

    HOW DOES IT WORK?

    It is a referral program.
    It rewards in stages.
    There are 5 stages to earn income.
    You need to refer 2 people and the 2 people bring in their 2 people, then you are paid referral bonus instantly which you can cash.
    It is all about TEAM work.
    T-OGETHER
    E-VERYONE
    A-CHIVE
    M-ORE

    BENEFITS!

    Free skill acquisition
    Free medical care with drugs
    Humanitarian services to the less previllage
    +
    Multiple earnings

    ASK ME HOW?

    Wassap/call mr chijioke +2349084780770

    Feeder
    You earn $18(#3600) or $23(#4800)

    Stage 1
    You earn $240 (#48000)
    +
    A brand new Android Phone

    Stage 2
    You earn $600 (#120000)
    +
    Brand new Apple iPad or hp laptop 💻or generator or solar panel or refrigerator…etc

    Stage 3
    You earn $2920 (#584000)
    +
    Brand new Hyundai car🚗 (worth $20,000/ 4Million)
    +
    7days trip to Dubai ✈ sponsored by MELISFON

    Stage 4
    You earn $4400(#880000)
    +
    Brand new Jeep 🚙worth $25000(5 million)or cash

    Stage 5
    You earn an infinity sum of $5000(1 million)😳
    For anyone person who drops under your downlines..

    For full info and more details visit :
    http://www.melisfonfamily.wordpress.com

    Wassap/call mr chijioke +2349084780770

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s