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| Business to start with 500k in Nigeria |
Some among Nigerian readers want to know what business to start with 500k in Nigeria. Do you want me to tell you what business you want to start with 500k? Do you want to know what business you can start with 500k in Nigeria and achieve business success?
Okay. Let me tell you this article. I can teach you what problem you can start with less than 500k because it is so easy to me. but I cannot teach you what business you can start with 500k because it is a puzzle to me.
You can change any problem into business opportunity if you ask yourself a question what problems I can make money. But you can not change any business into daily profit if you ask people what business you can start with 500k (because it can confuse your mind).
I believe it does not work. Remember what Elon Musk said as quoted again in this article from my previous article:"If you wake up every morning, thinking 'how can I make money today', you loose money! But if you wake up thinking, "what problems can I solve today", you make money!"?
It guarantees you never make money from your business if you ask Google or Quora what business can I start with 500k because you will lose everything. You may not understand what the concepts of business is.
You can identify any problem you can solve today, but you can not copy people's business you are offered to start with 500k because you and they have different experience, different knowledge and different passion, different likes, different strengths, different understanding and different skills.
For example, a certain man went to an Igbo seller and urged him to lend him 2k he needed, but the seller refused to lend him, lying to him he had no money to. But the man identified his foot and knew what his size he could sell to him. So he went to Lagos to buy one pair of qualified shoes at cheap price, may be about 2k.
He went to the Igbo seller again, showed it to him if he could buy it for 5k when he came back with a pair of shoes from Lagos. To his surprise, the seller got excited, ordering the boy to bring out the money from a small box where he kept there in his shop, to pay it to him quickly, without bargain, without waiting.
Identifying any problem or business opportunity helps you get started with what you have because it gets you spurred quickly or it pushes you into action quickly as if you don't want to miss opportunity.
Copying any business from people you are offered to start with 500k (unless you are trained or taught) is so hard. It is dangerous because it can confuse your mind as I said again above there.
Okay, let me guide you what you can do to start your own business with any amount you have, or with 500k or with what you have and build a multiple streams of income in your account pocket.
What Business Can I Start With 500k In Nigeria?
The better solution you can start with any naira and make money in your own business is to create a new idea for yourself. This is so simple. You can do with two simple questions I create for you as an instance . The first of the two questions is:
First Step: What Problem Can I Proffer A Solution To People Offline Or Offline?
Ask yourself which problem you see you can help people to get a solution. Look around yourself what problem you can help to choose a solution. Ask yourself what needs you see you can fulfill customers' thirst.
The more you see painful problems or serious needs from people, the easier you can start with 500k or less than that amount and get paid per solution or per need daily, not so?
That is because in the market place, there are millions of serious problems or needs continually based by dense population any where in the world you come across there either online or offline.
That is where the next question will help you to choose a solution that you can start a business with what you have and make money online/offline.
Second Step: What Are My Likes And Strengths?
You need to ask yourself what type of your likes and skills you can start a business. You need to find a company or business around your passion, your likes, your strengths and or your skills.
For example, your like is bread because you love eating each day at home and your strength or skills is bakery. Well, you can start a bakery business with 500k you learned free or paid vocational skill from an certified trainer. Then sell loaves of bread to people.
Again, if your like is egg because you love eating boiled eggs or cooking eggs at home each morning as I did before and your skill is sell crates of fresh eggs as a distributor or poultry business, then you can start a eggs business as a wholesale distributor by buying in bulk at cheap price and distributing crates of eggs to retailers at wholesale price any where within your city on zones or within your home community or outside it.
Or you can start a poultry industry and then feed hens to get many crates of fresh eggs and sell it to provisions traders as a supplier you learned an agriculture from a trained lecturers at ITTC for free or payment.
For example, let's say your likes is football because you love watching TV on football clubs and your skill is lottery you often won lottery or failed it, then you can start a sport-betting business by becoming an agent for sports-bet founder or buying a sports-bet franchise from outside this country and sell it to football lovers on lottery or bets and make money every day.
What you like, people will like. What you love, people will love. What you sell, people will buy. You can not sell what you don't like. If you want to sell something, you must analyze your likes and your skills/strengths/ markets problems.
There are many countless ideas from your mind you can create this way. The key is to find an opportunity spot between your likes and marketing problems. I love reading motivational books and papers on success, personal finances, business opportunities, investment, marriage, relationship, health daily.
That is where I start online business as a content writer or a publisher by writing any topic I can offer even when I scored F9 in English at West African Examination Council (WAEC),my secondary school or even when I was not a graduant from any university or college school.
Writing is my skill. It is my strength. I can use this writing to sell online any where in the world if I was hired to do on content writing or content contribution for any company they need me daily.
My likes is reading. Daily reading on good books/magazines/ newspapers is what keeps me honed my writing skills. Why ask people what business to start a business with 500k?
Stop asking what business to start with 500k because it does not work. Stop looking for trendy business ideas because there are too many people doing it. Learn to start thinking and create a real business.
Final Thoughts
Identifying your likes, your strengths or skills helps you start a business with 500k or less than that amount and make money with it every day if you learn to be patient and consistent, committed, eager and engaging.
I hope you enjoy this article? What do you think if you read this article? Let me know now below a comment box. Please stay tuned with us as a subscriber in our weekly newsletter below second email box for more update.
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