“Nifanye nini?”: Man who saved KSh 260k asks for business idea

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  • A man has reached out to smart netizens on the X app seeking financial guidance on how to make it big
  • The young man is looking for a potential business venture to invest the KSh 260,000 he saved so far
  • The online community responded with a flurry of suggestions and business ideas in the comments section

A man got lots of comments from netizens after announcing his search for a great business venture.

Man sought advice on a business to delve into.
Depicted person has no relationship with the story. Photos for illustration only. Photo credit: Pius Utomi EkpeI and Issa Bin Saleh AlKindy.
Source: UGC

Why man sought advice

With KSh 260,000 at his disposal, he was keen on making a smart investment that would yield good income.

Aware of the value of hard-earned money, he sought assistance through a man identified as @jon_d_doe on X in finding the right business opportunity to avoid squandering his funds.

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He wrote;

“Good morning high chief, I am sorry for breaking No DM rules. Please sir, I need your followers advice on this sir. I have KSh 260k I wanted to invest but I don’t know the kind of investment I can do that will yield good income and I don’t want squander the money because money is not easy to get this day. Kindly assist to put this out. Thanks.”

How did netizens respond

The anonymous man’s request did not go unnoticed as netizens rallied to offer their suggestions in the comment section.

Many share their knowledge and experiences, providing a diverse range of business ideas that could potentially help the young man make a sound investment.

From retail ventures to service-based industries, the suggestions flowed in, showcasing the collective wisdom and willingness to support one another.

@seundavidpaul said:

“First lock the money down in your account for a short term to yield interest. Secondly, study your immediate environment to know the needs the people are lacking or scarce. Once you discover it/them, devise how to proffer solutions to that by making such available or more available to them. Make your business is very customer friendly.

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“Make sure the prices for the goods/services you are about to offer have little or no difference from other places. Finally, don’t expect much profit for some time, keep going and networking, there will be a great difference after later.”

@Jussblaze9 said:

“As at early November a bag of saesem seed was 65k. Now it is 130k. You would have doubled that cash. Palm oil season is coming. Buy store & sell later, u will make about 70% gain. Then buy gnut & continue the circle, you go blow in few years. This is just a tip of the iceberg.”

@A_usti said:

“Lease land. Learn an agric skill. Do your research. I suggest cash crops. Start small. Thank me later.”

@Emmanuel said:

“If you want a daily income business that you can do from any location, then learn the digital skill OTC TRADING. It’s a low risk but rewarding business model that you grasp in a very short period of time. If you want medium-long term investments, invest in Nigeria stock market.”

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@Keymanh_ reacted:

“Use am buy fuel at the current price. Drive into a very thick Bush. Build a shade and house it there. That money will triple before March 2024.”

@arike_jane said:

“There are lucrative businesses you can do and yield profit. Business like palm oil, grain storage, drinks business. If you have a land you are not using you can build small place, and go into pig farming the business is very lucrative talking from experience.”

@gudiloba_eso commented:

“You can put aside some money and buy some Nigeria stocks, and you get some interesting ROl at the end of the year with your capital intact. Scan your environment and look for services needed but it’s not available or scarce, do your research and invest the 1m don’t expect instant ROI.”

See the post below:

How man became instant millionaire

In other news, a lucky Kenyan man started the year as a millionaire after correctly predicting scores on SportPesa.

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Keneth Rotich narrowly missed getting all 17 matches correct, which would have seen him win KSh 344 million.

Only three Kenyans, Samuel Abisai, Cosmas Korir and Gordon Ogada have won the mega jackpot.

Source: Legit.ng



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