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Should I Use My 3million Naira Start A Business,or Start My Building Project - Business - Nairaland 72133z
Should I Use My 3million Naira Start A Business,or Start My Building Project (16850 Views)
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| Roseodd: 11:47am On Mar 18 |
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Please I urgently need advice. I would have love to start a business,but I don't have ideas of any business now. I have landed properties,I am also thinking of starting of building my house. Please help me with advice 🙏🙏 |
| OgbeniOja1: 11:54am On Mar 18 |
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3 million to start building project under Tinubu. what's the plan for continuity also what do you want to build and where?? I would advice you invest that money for now abeg.ake frustration no jam you
Roseodd: 37 Likes 1 Share |
| Roseodd: 11:58am On Mar 18 |
OgbeniOja1: I am still expecting more money. So this not the only money I will have. I just need to utilize this funds properly that's all 8 Likes |
| Roseodd: 11:58am On Mar 18 |
OgbeniOja1: Anyways,thanks for your contributions 1 Like |
| Roseodd: 11:59am On Mar 18 |
OgbeniOja1: I have finished my foundation already. Three bedroom flat,and a selfcon at the back. Continuity to say 18 Likes 4 Shares |
| Xannadu: 12:15pm On Mar 18 |
Roseodd:In that case use it to continue the building. That'll be the safest bet for you considering the fact that you don't even have any ideas of what business to start. 47 Likes 2 Shares |
| Roseodd: 12:17pm On Mar 18 |
Xannadu: Thank you brother,I really appreciate 🙏 14 Likes 2 Shares |
| johnubimago(m): 12:33pm On Mar 18 |
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The 3 million will go a long way in the building projet if you already have a land. Venturing into a business you have no idea about is like Bet9ja. The building in the pix 6 million took it that far. Twin 2 bed room 26 Likes |
| ChirstFireAltar(m): 1:14pm On Mar 18 |
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1. Whatever you doing presently to get this money keep doing it. 2. Ensure you do business that won't reduce the money. Do something business that people need... That can generate daily or weekly money. 3. State setting aside like 15% of your profit in another for your building. When it's up to what you can use to do the foundation state. Don't build a dream house now. 4. Build a use you can use to make money...short apartments, shops etc to increase your revenue base. All the best... Roseodd: 12 Likes 2 Shares |
| AfahaAbia(m): 1:20pm On Mar 18 |
johnubimago: Like how much can one budget to build a 3 bedroom and 2 bedroom together on the same land? 1 Like 1 Share |
| Roseodd: 1:28pm On Mar 18 |
johnubimago: Thank you sir for the encouragement 🙏 3 Likes |
| Roseodd: 1:28pm On Mar 18 |
ChirstFireAltar: I think I will continue with the building project sir 6 Likes |
| silibaba: 2:15pm On Mar 18 |
Roseodd: How many rod you fit buy with 3million. Not to talk of cement. 3 Likes 2 Shares |
| Alusiizizi(m): 2:20pm On Mar 18 |
Roseodd: With 3 million the only thing that you will be able to build is foundation, after which you can eat garri and sand until the next 3 million cashout. Don't be foolish, invest in a business. 6 Likes 2 Shares |
| Roseodd: 2:53pm On Mar 18 |
silibaba: Forget about that one. I have spent 3million previously on the foundation,this 3 million will go far at least 12 Likes |
| Roseodd: 2:54pm On Mar 18 |
Alusiizizi: I done with the foundation already, 6 months ago 2 Likes |
| Kaymicheal852: 3:00pm On Mar 18 |
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Life can be a trap sometimes I have been in that exact situation 4 years ago , I start a building project and open a salon ( I have previous experience by learning Barbing salon for almost 2 years) I don’t regret any of my decisions but if I have the experience and exposure I have now I’ll do better with the money , if you don’t have previous experience in any business just take the money to your site and secure it there or else you will probably lose it all 20 Likes |
| Roseodd: 3:09pm On Mar 18 |
Kaymicheal852: Thank you very much boss. I am going to continue with the project,at least I will know I have spent 6 million altogether. I go day see my money with my eyes 16 Likes 2 Shares |
| Dronedude(m): 3:56pm On Mar 18 |
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Sow it as a seed and thank me later with your tithe.
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| christejames(m): 3:58pm On Mar 18 |
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Reinvest 60% into the business and use the remaining % to start up a building project... Let me expatiate, don't just rush to start the building project now, reinvest the both percentages I stated into your business business and separate the profits, giving yourself some timeline to start the building project, may 6 months or one year or thereabout. When the time to start comes use the full profits from the 40% to start the project the The other % 50 can be divided, one to be added to the project why the other reinvest into the business. Do this until the building project is complete so that it won't affect your business. Good luck! |
| Dpaulie(m): 3:58pm On Mar 18 |
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Business
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| Dhoneymix: 3:58pm On Mar 18 |
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Yes
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| theophorus(m): 3:58pm On Mar 18 |
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Since you have complete the foundation, please continue with the building. Since you don't have idea of business for now. Complete the building ASAP before thinking of business again. Roseodd: 4 Likes |
| sofeo(m): 3:59pm On Mar 18 |
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As the spirit leads bro.
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| Treadway: 3:59pm On Mar 18 |
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3m will not finish your house except na room and parlour you wan build start to finish (even this one sef no sure in this economy). After building, what next? Blocks and cement are not edible o. If ALL you have is 3m, the sensible thing to do is invest. If you still have steady flow of income in addition to the 3m already at hand, you may consider building, although like I already said above, if you aren't looking to build something very small, then make e no shock you say that 3m no go lintel o. Also, finishing and roofing na I'm dey cost . Bricklaying phase na mere warm-up 5 Likes 2 Shares |
| ALISMILE(m): 3:59pm On Mar 18 |
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Since you don’t have a good business idea, build a house in a location where you can later resell to make money
2 Likes 1 Share |
| bankyblue(m): 3:59pm On Mar 18 |
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Play 2 odds
3 Likes 3 Shares |
| Watianoengineer(m): 3:59pm On Mar 18 |
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Start a business. 3 million can't even build you a standard shop with the reality of the economy
1 Like |
| Skyfornia(m): 3:59pm On Mar 18 |
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I'd like to learn too
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| Freshtruth(m): 3:59pm On Mar 18 |
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Your 3million no feel reach some people eat for 3months talk more of starting a building project u dey wine? Just go start up fish pound business
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| ptolemy1: 4:00pm On Mar 18 |
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Go an eat food with your 3million. In this great tinubulation 3million cannot start a business or build a single room 2 Likes |
| oche2020: 4:00pm On Mar 18 |
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OP from what I read, it seems you already have your mind made up, you know what you want to do, you just want to see what people will say, so no matter what advice you get from here, you will still follow your mind. Congratulations and good luck as you follow your mind sir.
3 Likes |
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