NewStats: 3,259,755 , 8,170,834 topics. Date: Sunday, 25 May 2025 at 10:28 PM 56k1k

Plz i seriously need some business idea on what business to go into with N300,000. A friend of mine sent me N300,000 that i should use it to start any business for myself but i am just confused nw cos i dont have any business and i dont want to misused the money. Plz i need help!
I am thinking of going into phones business or selling of food stuffs.

Were is ur location, I av a business plan but don't want open it here, me via watsap 07061246614

Matrix100:
Plz i seriously need some business idea on what business to go into with N300,000. A friend of mine sent me N300,000 that i should use it to start any business for myself but i am just confused nw cos i dont have any business and i dont want to misused the money. Plz i need help!

you could invest in sports.provide services that people Dont know about or have access to.

Avoid betting, if you have a skill , use it to monetise it , or you do crash apprenticeship to enable you sell fast moving products !

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Matrix100:
Plz i seriously need some business idea on what business to go into with N300,000. A friend of mine sent me N300,000 that i should use it to start any business for myself but i am just confused nw cos i dont have any business and i dont want to misused the money. Plz i need help!

We are here for you. Your #300,000 can currently give you an average of #15,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #280188+ after 60 months(5years) of your investment with us, you can do so using compound interest in your investment with us. This means after 60 months(5years) of your investment with us using compound interest, you will be getting an average monthly interest/income of more than #280188 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital.

At 5% average monthly returns using compound interest without withdrawing funds from your , your #300,000 will grow to more #5,603,756+(5.6million plus) in 60months(5years time).

How is it possible to turn #300,000 to #5,603,756+(5.6million plus) in 60months(5years time)?

It is possible through the power of compound interest as explained below.

Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward)

Monthly compound interest formula
We are using monthly here ,since we are talking of monthly returns.
The formula for Monthly compound interest, including principal sum, is:
A = P (1 + r/n) (nt)
Where:
A = the future value of the investment, including interest(returns)
P = the principal investment amount (the initial deposit amount)
r = the monthly interest rate(returns) in decimal.
n = the number of times that interest is compounded per month (in this case once or one time)
t = the number of months the money is invested
Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this:
Total compounded interest = P (1 + r/n) (nt) - P
Or simply
Total compounded interest =A-P
Let's look at an example
Compound interest formula (including principal):
A = P(1+r/n)(nt)
If an amount of #300,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 60months (I.e 5 years) can be calculated as follows...
P = #300,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 60.
If we plug those figures into the formula, we get:
A = #300,000(1 + 0.05 / 1) ^ (1(60)) = #5,603,756
So, the investment balance after 60 months (5years) is #5,603,756
Methodology
Step-by-step explained, how we get the #5,603,756. This all revolves around BODMAS and the order of operations. Let's go through it:
A = #300,000(1 + 0.05 / 1) ^ (1(60))
Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(60). This gives us...
A = #300,000(1 + 0.05) ^ 60
Then:
A = #300,000(1.05) ^ 60
The exponent goes next. So, we calculate (1.05) ^ 60.
This means we end up with:
#300,000× 18.679185894122945668381742854713
= #5,603,756
You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period.

We have the best currency trading team here to assist you in building your #300,000 to over #5,603,756 in 5years (60 months) (you will be getting an average monthly interest/income of more than #280188 assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial.

This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. Deposits/withdrawal are 100% controlled by the investor (We only have access to trade your through the trading platform and not given access to withdraw). You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below.

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Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to any company's regulatory status.

https://nairaland.unblockandhide.com/3931027/4-ways-avoid-investment-scams

hmm... There's this particular startup idea I have that I'm sure will turn out to be big in Nigeria.. If to Say I get 300k... I'll use it to fund the idea

Mini importation, preferably phones.

I swear, import a phone like Xiaomi Redmi 5 plus, you must get buyers within a day. If you understand mini importation well, you can make N10k/piece profit on the phone and 300k can import 5 of them at once.

Hehehehe No dey lie brother. It's for Tony Elumelu Grant. So somebody just sent you 300,000k out of the blues to start your own business abi? What exactly did you tell him while you were requesting for the money? Oya show proof of payment, a simple screenshot would do. A previous thread was on Business Ideas in 2018, another was on ict-solutions for transportation problems for a final year project. You dudes just keep changing scope.

If Morata were to engage you in an argument, he'd always MISS the point

poultry

You can venture into poultry, but it depends on your location... The only hindrance will be setting up space that's if you leave in a rented apartment...
You could also sell fruits as its very profitable...
It all depend on your location sha...

Guy, i get 3 sure odds for u

That 300k go turn 900k in one day

Your location is what will determine the kind of business to do.

sammysammy111:
Were is ur location, I av a business plan but don't want open it here, me via watsap 07061246614

this one na scam. Why can't u open it here? Yeye

if u an afonja, u can mine skull, little capital required

You can start mini importation or group importation with it


Anyway 2019 is here and we must send the Dullard back home
the conversation if you are with us

https://nairaland.unblockandhide.com/4266624/back-daura

dingbang:
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Spill it here.

sammysammy111:
Were is ur location, I av a business plan but don't want open it here, me via watsap 07061246614

Scam!!!

Pls, keep that money and use two to three months to learn any business you are ionate in, before investing this money of yours.

Don't be in a hurry to invest to avoid irredeemable losses.

Instead of u guys telling him to u , spill it up here and any body interested will call u

Laundry business aka dry cleaner. You get close to standard equipment and the location also matters. Good luck.

Matrix100:
Plz i seriously need some business idea on what business to go into with N300,000. A friend of mine sent me N300,000 that i should use it to start any business for myself but i am just confused nw cos i dont have any business and i dont want to misused the money. Plz i need help!
I am thinking of going into phones business or selling of food stuffs.

You can invest part of it in cryptos.. You will never regret doing that..

sammysammy111:
Were is ur location, I av a business plan but don't want open it here, me via watsap 07061246614

So that you will scam him of the money abi?

I'm here to get busiNess ideas

uzoclinton:
hmm

john1035:

uzoclinton:
hmm

OpssonD1:

V.

uzoclinton:
hmm

this is new year fa!!.... una see una lives?

u shud play bet9ja wit dat 300k..u will thank me later..

petiteee:
this one na scam. Why can't u open it here? Yeye

Lol, You Harsh oo

If u reside in a quite new or virgin area, u could carryout rental business. You be sure of little cash every weekend.

Steady flow of cash is what's important. Don't get ur cash tied down unnecessarily.

start Hawking boiled cocoyam

petiteee:
this one na scam. Why can't u open it here? Yeye

everything na scam to Nigerians