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What Business Can Invest Into With N2,000,000?

I have invested into Insurance company and my capital fund I deposited will soon mature by this June with the sum of N 2,000,000 (two million naira) only but you wont believed me that I don’t know what I can invested into. And I want to have my own business.

Moreover I want going concern business ideal that I can have as life business.

I don’t want to work as a salary basis any more am tied.

Ideal ho ho ho deal

Invitation last till end of June 2006

Any time i open this site i always thank God for creating Internet.

Thank for reading

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25 answers

ill give you a business idea that will tripple your money. i would have done it but i dont have the capital. no need to post your pnone number or email. reply if your still interested

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1. poultry faming

2. fish farming

3. you can trade on crude oil, start with 10,000 litres

4. go into mini importation business, you can even start that online

5. Recharge card distributor

6. gsm short code campaign

7. online money exchange business, like liberty reserve to naira.

8. open a food stuff shop, make it unique, for example supply rice only.

you can learn more and read on how to start importation business here www.proinfomarketing.com/importers.htm

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Oga 4X4 you are. Replying to a thread posted in 2006,pls @ the moment I av something close to this amount and looking for a real physical business to do with it please help me with ideas

Mail to dapsonshow2001@yahoo.com

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ill give you a business idea that will tripple your money. i would have done it but i dont have the capital. reply if your still intetested

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i am a dealer on a electronically controlled HYMN BOARD for churches & AUTOMATIC CHANGEOVER (from generator to phcn).

i kindly NEED the avice of Nairalanders on HOW and WHERE to market this products.

Any idea,contact Oyok ;oyokinvestments@yahoo.com

07083739395

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Why not buy Government bond with three to six months maturity( better than shares, though return is low) while you are thinking of what to do.

Dow

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be careful sewa,don't jump into somthin ur not ready to do,i will advice u take

ur time to research, good luck.

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Let me be honest with you bros , you betcha invest that money in trading stock. Its a lucrative job and if well invested, you can make 100% returns on the money in a year. The challenges of this job is that you need information and need to be trained, Good luck

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How can someone start real estates with 2million naira? i don't think some people are making sense here.

I believe if u don't have a better contribution,it rather not say anything that might confuse readers.

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you can start real estate business. it is very lucrartive

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Sewa and Bolaoni i hope you guys are very serious about this investment plans of yours? I am asking because i am presently working on a business project(entertainment business) that will generate millions within the next twelve months. The project is about taking off and what we need now is funds. If you are interested we can be partners. My contacts are 08036672045 and my e-mail address is dakcee@yahoo.co.uk

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Beyunce,

I have your email addy, will send you a comprehensive email to let you know everything you have asked for.

Hey i love your discourse here, pls you can send to me as well- oparandu_chukwuma@yahoo.com

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I would suggest forgetting about finding someway to invest it by the end of june. You are going to need time to study and develop your investment strategy.

As far as financial investings, i would suggest trading us stock options and the foreign exchange. The time factor becomes an issu because if you really want to maximize your profits then you need to develop yourself to be a trader and handle your own business.

You can also think about using a portion of your capital to get a foreign exchange managed account where professional traders take care of your accounts. You can email me for those links.

I would then suggest you find some nigerian youths to invest in who are already on the road and at least working to become successful. Really, that is one of the most important things you can invest in.

I hear the little fast food joints in naija are kinda popular. Have you thought about buying one of them?

There is plenty that you can do to not only get a profit but invest in your community and nation. You just have to think about it and move in that direction.

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When I say "Sell yourself", I am not directly meaning you go and display yourself in the market and put a price-tag on your body. What I was infact saying was in regards to the pre-requisites, in the ability to develop something that could win patronage, selling your concepts, models, ideas?

In the realms of a career person, he is not selling himself because, if I were to apply that in that relativity that means I am inferring that anybody that works is a slave to his employer, which is not true in any regards. Slaves don't get paid for their activities or services !!

So in my explanation I was not saying that Selling yourself, means you should turn into a slave. I hope that is clarified.

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When we talk generally about management of funds in regards to investment, this is a very critical aspect of the whole process of entrepreneurship, because it ends with generally two result, either you make profit (be successful) or you lose your entire investment, there is nothing like just being ok, because breaking even is within the margin of profit. Now to earn that certain profit in regards to being successful in any particular idea you get involved in, you really need to be ready for the effects, every idea is risky. There is no perfect business or venture.

As I said to a friend before, Entrepreneurship is a religion that you have to embrace, its not about just following the standards or guides or even becoming a professor in reading Entrepreneurship 101. It’s far more than that. It requires faith, believe besides patience and experience. It’s not a one day process, it takes years of trial and error to master.

Now what I am exactly saying is, if I recommend an idea to you now, that doesn’t mean you would strive in it. Ideas or business concepts are very vague. They do not guide you into achieving a particular success; rather they give you an opportunity to play with your money. The question is, are you ready to play with your money?

If you are not ready, then you should leave your money at the bank, its safer that way.

You must be ready to embrace that religion Entrepreneurship, and that means the idea would have to be built from within you, that is "How about offering to sell yourself?", Crazy as it may sound, the fact is, the moment you are able to achieve convincing people to buy you as an asset, then you have embraced and took the pledge in the religion Entrepreneurship.

So the question is, are you ready to sell yourself?

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@BOLAONI

Please shed more light on this, it would be helpful. what sort of education will I need ? I have been an accountant for over 6yrs now and I am now just sick and tired of managing other people's money. I don't mind studying for any course connected to constantly being online. I am obsessed with surfing ! but honestly speaking pls break this 'list' of yours down for a networking 'DUMMY' like me ! PLS DO HELP ! A.S.A.P !

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Beyunce,

I have your email addy, will send you a comprehensive email to let you know everything you have asked for.

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Why don't you jus invest in a viable Internet business. You don't even need up to #100, 000 if you will be running it from home.

There are 1001 things to do online even at the comfort of your home.

#Web Hosting

#Selling Online

#Google Adwords

#Network marketing

#Resale Rights Marketing et al

All these businesses are thriving and you don't need to break the bank to get into them.

All you need though is an education! You won't make a dime online if you are not willing to get the education.

I remember in 2003 when I lost as much as 140k by just investing in online businesses when i don't even understand a jack and all because i read Tuesday Guardina and seeing an headline screaming: "YOU CAN MAKE $5000 EVERY WEEK ONLINE!"

I got wiser afterwards and decided to learn how instead of putting my money into someone's hands.

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@KAZEY.

I LOVE ALL YOUR SUBMISSIONS SO FAR. PLS CAN U CADIDLY LIST THE BEST BIZ TO GO INTO WITH >500,000NGN?. I MEAN WHERE WOULD YOU PUT YOUR OWN MONEY?

THANX.

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One thing I would like to add, IF the investment is based from LOANED MONEY, and you can be able to service your loan for the duration and be able to pay back, minus earning a reasonable profit (income) monthly in 10 years. Then it is a very lucrative investment.

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1. you can never go wrong with real estate, i have dabbled into it here and there. two reasons (A) You get rental income, (B) the value of you property will always go up on the long run. Use financing to stretch your money or mortgage

2, stock market

3, bond

4. divide the money into two- leave half in stocks and trade with the rest

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- If you are a long term investor, you won't mind the steady income for life.

- If you are a short term investor, you can sell it to someone else who would use it for rent,

- Or you can demand advanced payment of 5-10 years from each tenant!

Regardless of which category you fall into, build the house first and then you can decide whether to sell.

One major problem with building construction in Nigeria is inflation. You may think your building will cost 2 million, but by the time you complete it (if you're not cutting corners) the costs might be running into five million naira!

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Investment into real estate for[b] rent[/b] in Nigeria, is not a good idea and it takes an average of 10years + to get an ROI. Rather he should buy a 1.2 million house renovate with 800k and sell it off for 3 million or so.

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Buy a house and rent it out, I'd say that would be a life investment,

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you sound as if it will be hard for you,but be sure you are ready for business,through my expereince it will not be easy at the begining,

if you are too sure contact this email-royalvisionsvent@yahoo.com they are into business solutions and advice, i think they will email you a guideline on what to do.

goodluck,

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