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robatwag
#1 Posted : Wednesday, July 08, 2009 10:54:00 AM
Rank: Member

Joined: 6/26/2009
Posts: 3
Please advice on which business I can venture into,with 250,000 to get a monthly return of 25000 per month.
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Moibutu
#2 Posted : Wednesday, July 08, 2009 12:15:00 PM
Rank: Member

Joined: 9/12/2008
Posts: 58
10% per month is quite high. Well l bet if you start money lendering business that would do.

die trying
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McReggae
#3 Posted : Wednesday, July 08, 2009 1:29:00 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Start a shylock besiness and you can make upto 25% per month,make sure yu cover uaself well though!!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Obi 1 Kanobi
#4 Posted : Wednesday, July 08, 2009 2:21:00 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
@McRaggae

How exactly does one become a shylock,is it viable and how viable is such a business. Anybody who borrows from Shylock has to be very desperate and the posibility of default is most likely 50;50.

Do you need muscle to scare defaulters like in the movies?

How simple is it to dispose off collateral,


I've noticed the youth in particular coming in to a workplace with a completely outsized notion of their own value and importance... just a thinly-veiled arrogance. May be the credit crunch induced recession is whats needed to remind us all about the value of hard work.... By Anonymous
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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jerry
#5 Posted : Wednesday, July 08, 2009 10:32:00 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
You've to sign a contract b4 a commissioner for oaths. The contract could be legally bidding but I'm not sure if shylocking! is legal.

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
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Pablo
#6 Posted : Thursday, July 09, 2009 7:19:00 AM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
Open a gamming store. Back in the day there was Pop-In next to the Burgerland Restaurant.

Your srategy - Open in an estate shopping center,Get a shop & buy at least 2 - 3 29' flatscreen tvs (@ 29k) get some second hand Xbox or PS2's and get some furniture and decor done. Charge kids to play. Some guy at Mugoya shopping Center does this quite successfully. Combine it with Video lib,Popcorn,ice cream etc...



Want to be a millionaire.... plant a million cabbages and sell them at a bob...
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McReggae
#7 Posted : Thursday, July 09, 2009 7:38:00 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Obi,if somebody wants 10K wat u take from him must be worth more than 20K,to protect uaself what u sign with him is a loose sale agreement coz shylocking is illegal in Kenya by law. Do an auction every month for the items whose owners have defaulted!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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pinkpanther
#8 Posted : Thursday, July 09, 2009 7:45:00 AM
Rank: Member

Joined: 6/25/2009
Posts: 63
@robatwag.I wish it was that easy to know where to put money and get such high returns.Before you put your hardearned money into any business the overiding question is do you like the business.Can you go through the good and bad times of the biz.Is it what yould want to do given another alternative.This will give you the drive to succeed.

pink
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moshthepitt
#9 Posted : Thursday, July 09, 2009 7:53:00 AM
Rank: Member

Joined: 5/23/2009
Posts: 35
Aiiiiii that's a lot of money. This is what I'd do:

Take half,eh,and buy a website. A website that earns money.

125,000 = ~ $1,560

That's good money. But the trick is to find a site that isn't complicated to run,and one which has a nice passive income. It may not be 25,000 at the start but with websites there's always room to grow.

And as I said you buy one where there is passive income. So you can take some time to understand it while it is earning. Improve it and you earn higher.

Then,if it earns higher...why not sell it? You can make good profit this way. My friend once bought a site for $400 and sold it for $2000 three months later. After we spruced it up a bit.

Anyway,that's just me. Think about it.

www.likechapaa.com
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pinkpanther
#10 Posted : Thursday, July 09, 2009 9:49:00 AM
Rank: Member

Joined: 6/25/2009
Posts: 63
@mosh.Where can one buy a website.Is there a market for such.Do you know of one i can buy?

pink
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