NewStats: 3,264,147 , 8,182,764 topics. Date: Monday, 09 June 2025 at 08:59 PM 6e2526z3e3g |
I Recently Received An Inheritance And Now Have Over ₦150-million Just Sitting T (7435 Views)
Bizmind95: 9:12pm On Apr 04 |
AmgAmg:chat me up on 09029541178, let's talk bizness. |
AmgAmg: 6:59am On Apr 05 |
Bizmind95: I’d like to see what this is about here first. If it’s something of substance , we can then switch to WhatsApp later |
AmgAmg: 7:41am On Apr 05 |
Tohsynetita1: Hey bro, thanks for response ,before I consider investing, I just need some clarity A few questions I need clarity on: 1. How often do people buy this thing? • Is it something they need all the time or just once in a while? For example, items like toothpaste sell constantly — is this product in that category? 2. If we bring in a large quantity, can the market handle it? • Will people still buy it at the same price? • Or will the price drop if there’s too much of it everywhere? The reason I’m asking is because you said you wanted to buy around 1.2 million worth of product , but didn’t. Now imagine I’m coming in with 10 to 15 million ….that’s a lot more. So I need to be sure the demand is strong enough for that. 3. How long has this product been selling well? • Has it been in demand for years, or is it just something trending now? • I want to know if it’s something that can last and stand the test of time , I think If it’s a long-term seller, that’s a good sign. But if it’s just a trending item, big red flag. 4. How long does it normally take to sell one shipment? • I’m not just asking best-case scenario… I mean average time, based on real demand and buyer behavior. 5. Who are we selling it to? • Is it for regular people or shop owners? • Do we already have people ready to buy it from us, or do we need to go and find them? 6. Will it be easy to sell? • Like, will it move fast because people already want it? • Or will it need a lot of convincing before people buy? 7. And lastly….. how sure are you about everything? • Have you done this before or seen someone do it successfully? Hopefully I’m not asking too much . I just want to make sure I understand everything properly before putting any money into it . I’m treating this as business, not just something to rush into. 1 Like |
Bizmind95: 9:46am On Apr 05 |
AmgAmg:Alright then, it's basically about rice supply. You buy in bulk and cheaply directly from rice farmers in Anambra East (The variety of rice cultivated in the riverine areas of Anambra is far better in taste and texture than the ones cultivated in the North, which is mostly used for Tuwo.) Then, you destone the rice (remove all the stones and chaffs from it with a destoning machine.) Then you re-bag and seal up the rice in any quality bag of your choice (Mind you that all these are done right there in the rice market). Then you transport the rice to ur base, sell and make ur massive profits. You can make as much as 10k profit per bag, if you run everything Wella. Then, you can also open a destoning centre in a busy foodstuff market where you destone rice for customers. Like l said before sir, rice supply biz is a very lucrative bizness cus Nigerians must eat rice come rain, come shine. Shalom 1 Like |
Tohsynetita1: 10:29am On Apr 05 |
AmgAmg:1) it’s something people buy often, not edible item but it’s a consumable. 2) it’s something that has been selling even before I was born, so it’s not a new item in industry. There’s no too much supply for the item, the reason is because it’s something that homes, schools, and individuals use. And the beauty of the item is that this particular brand that I made research on is the commonest of it in west Africa, Among those companies producing the item, the probability of getting other brand that retail sell in Nigeria is 0.1 out of 1. There is no much market saturation for it, it’s not something everyone can set up as a business, the reason is because (1) For you to know the item, you must be into importation (2) You must have done thinking and ruminating on different item to import that can pay you huge money before you get it, I took like 4 months before I got the item. (3) Another problem is it’s only a single producer that sell it in Alibaba (4) If you don’t buy up to 500, 000 pieces, they will not answer you. I begged them to sell 100k pieces but they didn’t succumb. So, it’s not something you can just get everywhere. 3) this thing has been existing before I was born, and I am 30 yrs, for you to know how long it has been, Another thing about it is among countries producing the item, that of that country is the commonest in Africa and even some part of China and America 4)it is not something that should take time to sell, especially if you run social media ads, meet big stores in Lagos, Abuja, port harcourt, If you buy 500k pieces or less which I suggest you start with, it can’t be enough for Ibadan students alone( Primary, Secondary students) let alone houses /Families in Ibadan, now think of Lagos and other states. Within a week, you can exhaust 500k pieces if one make necessary awareness 5)We can’t sell to end now, such goods is too much to target end s, wholesalers, retailers is the best. 6)it’s not something hard to sell, it’s something you will even have in your house. I have imported and sold several things before. In fact, I have 10 blood pressure monitoring that I just want to ship in Lagos currently. So, it’s something I have been into since last 2 years. this is the goods I am talking about, you can see I got the message yesterday.
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chiste1: 10:32am On Apr 05 |
AmgAmg: I'll suggest your venture into real estate with special focus on house flipping. Simply buy an existing old house in an already developed area to avoid any future government acquisition issues. Remodel the house into an apartment building for shortlet purposes. With this, you earn DAILY on the property. This is a high-in-demand business model that lots of real estate investors are venturing into and as a realtor I can advise on possible location you can buy these properties. I equally have one that the owner wants to give out on a long lease of 5 years minimum at a very busy location ideal for this sort of business idea and also a bare land within a secured estate ideal for same business, if you are interested, reply to this post and we take it from there. This is a guaranteed income means. 1 Like |
AmgAmg: 11:34am On Apr 05 |
Tohsynetita1: Thanks bro, this really helped me understand things a lot better. I can see you’ve done your research and put in serious effort in it But I have to be honest with you…. one big thing I noticed lagging : is the distribution part of the business . That side is not clear at all. You explained the product well and showed that there’s demand. But without a clear plan for how well we can sell it, the business is not complete. Saying things like “we’ll run ads” or “meet big stores” ….. bro, that sounds more like a guess work than a real plan. Same thing with “we can finish 500k in a week if we create awareness” …. that sounds like hope, not facts. I’m not trying to kill the idea at all …. I actually like it. But if I’m putting big money into this, I need to be sure there’s a solid way to move the product. Because even the best product will just sit down, and tie money down, if we don’t have strong distribution channels….. And that’s not business |
AmgAmg: 12:03pm On Apr 05 |
chiste1: I’m very much interested & Thanks for the idea …. sounds more like something that could work if done properly well. But before I take any steps, I’d need more details like: How much the properties cost ? What renovation budget we’re looking at ? Expected daily income based on similar properties in the area and Proof that the area has high shortlet demand ? I like to treat things as a full business, not just “buy and hope it works.” So if you can help with real numbers and maybe case studies from similar projects, then we can talk more. |
Tohsynetita1: 1:27pm On Apr 05 |
AmgAmg:Probably you don’t understand me because 1)you don’t know the product I am talking about so it might be hard to believe, 2) You don’t know how social media ads works. 3) You think we will run ads and start awareness after getting the goods, Note if you are using sea to buy something from China, it takes 2 months at least before the goods will get to Nigeria, so, why won’t 2 months be enough to see big buyers, especially if you live in Lagos. I stated Lagos because it’s Lagos that Nigeria sea port is located, so goods will be brought there bulk and send to other states. But, I think have done my best in explaining, and I can’t do more than that. Wish you good luck in your findings |
AmgAmg: 2:01pm On Apr 05 |
Tohsynetita1: Oya, explain na… You see how you broke down the sourcing of the product and explained the research you did on it? You showed how profitable it can be, and that makes so much sense. Now, I need explanation and conviction of the distribution part as well …. just like you explained the product itself. Like I told you earlier, distribution is key to any business. Take the example of Nike’s deal with Kanye west…. Nike didn’t have to start from scratch. They already had distribution channels in place, so it was just a matter of putting Kanye’s product into their existing system( plug & play ) . That’s exactly what I need to understand here. How can will we get this product to the people who want to buy it? I didn’t ask for the product name because I believe you must have done your homework and have a solid conviction about this product. What I really need conviction on now is the distribution aspect of it . No business works if there’s no solid way of distributing it . The product is only half the story; the other half is getting it to market and selling it. We’ve already had three long lengthy messages about the product, so breaking down the distribution part in detail shouldn’t be too much to ask. I’m just trying to understand how this will all work once the product lands here. Once we get that part clear, we can move forward. Thanks |
Tohsynetita1: 2:33pm On Apr 05 |
AmgAmg:Getting buyers is not as hard as you stated. Because it’s something have been doing before. I bought 2000 pieces of iron sponge and I got buyers after I met buyers in gbagi, aleshinloye, Dugbe, that was the first time I went there and I got people, I met buyers and we discussed. It’s because I don’t have up to 500k to buy it that’s why I didn’t do any research further by getting buyers but that’s the easiest thing to do. It’s like you want to sell notebook and you are afraid of getting buyers. Ordinarily, every students uses note books, so it’s something that must sell. It’s just quality and price that needs to be improved on to convince them. But I understand you, having distribution channel is the only exercise to do. I did not continue because I don’t have money to buy it. To get distributors, One needs to meet wholesalers in Big cities like Lagos, Abuja, Port Harcourt , Edo, and probably Jos for those in northern Nigeria. You can meet lagos distributors in a week to discuss with them. Then you can then expand to other states, start from Lagos because other states buy from there. |
AmgAmg: 7:27pm On Apr 05 |
Tohsynetita1: Where can I reach you privately,, so we can discuss further … I will be back in Lagos in about a month from now And another thing …. make I ask you straight, and I need you to be real with me …. You really sure say this thing go work like that? I mean the s aspect …. are you 100% sure we go get the buyers? Not just “I believe” or “it should,” I mean sure sure, like you fit beat chest on it? Because I no wan enter once chance with big money tied down. And more importantly …. 10 million no be 500k, and it definitely no be 20 million too. You get what I’m saying? Buying small quantity and selling it off is different from handling a whole container of large stock. So I just want make we reason am well …. you really believe say we go move that kind volume without wahala? |
victor175(m): 9:14pm On Apr 05 |
AmgAmg:I don’t like sharing details online. Basically I order fast selling lights(type of light purposely withheld) from China and sell at Alaba market for 30% average profits. I already have 8 years experience and social capital to handle the storage and marketing and sales. Some chandeliers can give 80-100% profits but you have to wait 4-6 months to finish selling it. The type I bring sell out in 1 or 2 months. Business success get little little secrets. Production and shipping to Nigeria takes 2-3 months. It’s pure business not get rich quick schemes 1 Like |
AmgAmg: 3:39pm On Apr 06 |
Tohsynetita1: Since it’s been quiet on your end …. so, I’ll take that as a green light to go ahead unless I hear otherwise |
Tohsynetita1: 4:29pm On Apr 06 |
AmgAmg:Oh, I am sorry, I thought have replied you. We can meet in Ibadan. |
ayoncox: 3:33am On Apr 07 |
AmgAmg:I have something that will benefit you a lot, but I can't explain it here, in summary it's a business that requires corporate structure and has arbitrage benefits, you can as well get foreign investors upwards of $150k for owning 10% of your business if you follow the lay down processes, if you are interested in getting more details chat me up on 08089456258 |
Augustenite(m): 1:32pm On Apr 07 |
AmgAmg: I have a business I currently run, which is risk free, genuine and already established with customers like Kilimanjaro, Genesis etc. You can me if you want more details. +234-7061928213 |
frostguy: 1:50pm On Apr 08 |
I have a business that can give steady flow of income while you sleep and invest your capital. We are professional with long track record in Forex Trading /Portfolio Management , so you can invest with us and be sure that your profit is guaranteed . To us for more details, kindly reach us on : 0.9.0.5.9.1.3.7.4.8.8 or 0.8.0.2.9.5.4.9.6.8.7. Thanks |
AmgAmg: 5:06pm On Apr 11 |
victor175: Sorry for late response Quick one ….. So, I’m trying to figure out how your business works—are you more of a wholesaler yourself ? Like, do you mostly supply other sellers in bulk, or do you focus on selling directly at Alaba yourself? Personally, I’m not really looking for a business where I’m stuck in a shop all day. I’d rather prefer a setup where once my goods arrive, after like 2 or 3 months, I already have buyers or retailers I can sell to and just move the goods. I’d love something like that. |
AmgAmg: 5:55am On Apr 12 |
Augustenite: Tell me more here … we can always switch to offline later |
AmgAmg: 5:56am On Apr 12 |
frostguy: Tell me more here … we can always stay in touch offline later |
LincolnOnyeabor: 3:40pm On Apr 12 |
AmgAmg: Hello boss, have that Tonyhestia guy gotten back to you sir?? |
LincolnOnyeabor: 3:41pm On Apr 12 |
Tohsynetita1: Hello boss Can I dm you?? |
Tohsynetita1: 4:10pm On Apr 12 |
LincolnOnyeabor:No problem sir or ma. |
LincolnOnyeabor: 4:12pm On Apr 12 |
Tohsynetita1: Sent you a mail on your naira land . Or you have another where we can discuss?? |
Tohsynetita1: 4:16pm On Apr 12 |
LincolnOnyeabor:I have sent my number to you on mail |
LincolnOnyeabor: 4:39pm On Apr 12 |
Tohsynetita1: Okay |
LincolnOnyeabor: 8:14pm On Apr 12 |
Tohsynetita1: Hello boss, I can't find the number oo. If you would, drop it here or mention me on a dead thread. |
Tohsynetita1: 8:50pm On Apr 12 |
LincolnOnyeabor:Message me on WhatsApp 0803154250 9 1 Like |
victor175(m): 7:41am On Apr 13 |
AmgAmg:Morning. I sell directly at Alaba myself. But the demand for the light is high so it will always sell. Selling wholesale is if I have container load and I don’t bring such quantity yet. Even big quantity of light will sell fast, I know wholesalers in the market that buy hundreds of carton at once and other shop owners will buy from you as long as your price is not above market price. I cannot guarantee the time it will take for all the goods to sell but even big quantities sell out in 3-4 months max. As for you, you don’t have to be in shop all day. You can bring the goods and store in a warehouse then we inside Alaba will do the marketing and sale and supply direct from warehouse. Construction materials and light will always be in demand. Another business I’ve done I can recommend is buy groundnut oil during harvest season (April-May-Jun) and sell in December when price might’ve done 2X. I have other business but these are the ones I’m willing to share here 1 Like |
maxkia(m): 12:29pm On Apr 13 |
When last did you visit Badagry? Have you seen the new road Network? When last did you breathe in fresh air & drink water from your boreholes without needing a water Tanker supply or pure water company supplies for cooking water. From #5,000,000 You can have a good land to build on instead of paying 5M as rent per Annum in lekki & co I have been living here in Badagry since 2016 . The land I built on then was bought at around 1.3M , right now same size of land is Priced at 9-10M . It's Never too late to take the decision of becoming a landlord. For consultations & Property inspections, me on Whatsapp or Email 08026535608 [email protected] Telegram - 08026535608 Maxwell is my name 1 Like |
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