Sunday 31 March 2019

Starting a profitable business without starting capital

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Yes! You don't have to wait till you have N50,000 or even N20,000.

The reason why you have not started is because you have not decided to start.


What will I do If I have just N1,000 or N3,000?


In a simple sentence, I will look for someone around me who has a product that needs to sell and negotiate to sell it.
It is that simple.


You don't even need to go online... Go to a nearby store, supermarket, mall and have a casual talk with the owner or the manager.


Ensure the product you find is not too expensive and if possible not too common . Something you can sell between N3500 and N8,000 is a good start. And also you ensure you have a good profit.


How can one start a business without starting capital ? Explain better! 

So, example, I walk up to someone next door to talk about a product he is selling and he says it's for N1,000. I tell him I can bring him lots of buyers in a short time but he will give me just N200 or even N100 for every sale.
He agrees..


Because I know the product is not a regular or common product but solves a specific problem for some specific people, I price the product for N3,000 or even N5,000 (I use to sell my BlackMask for N6,500 each even though my total cost price is usually N780).
Then after negotiating and fixing my own price for the product, I will take the little money on me and go to Facebook to setup a killer advert after doing all the home work of getting a good image/video, creating a catchy write-up and all.


The first sale comes in for N3,000... I go pick it up and tell him I want to deliver to get the cash. I deliver it and pay him N900 and the remaining goes into my savings with a little of it back to Facebook or Instagram ads.
It is actually that easy.


Imagine you sell just 10 in a week you would have made about N10k - N15k in pure profit.


If you do this consistently and even add other products you can start importing your own products within a short time and grow big from there...


Selling on online shop

You can sell your products for free on this online store. You publish your product there for free and use the link to run social media campaigns. 


You can receive payment right from the platform when clients place order for any product. That way, you will pay for the product to the dealer upfront and then deliver to your customer.  The site is www.geewealth.com.ng

You Can call Geewealth Shop at 08067380225, 08111055633

Whatsapp:
http://wa.me/2348111055633 

or 
http://wa.me/2348067380225.



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Author: verified_user

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