Domwax's Kitchen Blog

2.3.18

Lists of Jobs to start with 10,000 naira

Have you been wasting your little money searching for that dream job? have you been wasting your limited financial resources for endless interviews? please, waste no more, there are jobs you can do that can be very profitable to you, we have compiled a list of job that you can start with 10,000 naira, and if you set your strategy well, you can achieve a profit of 50,000 naira in 2 weeks. we have ranked these businesses from 10 to number one, they have been ranked according to their risk, profit potential, close monitoring and convenience, they are:

10) Phone call center: if you have a very good location, you can make 50,000 in two weeks making phone calls, all you need is a good location, the trick here is that you are looking for potential customers that means you will have to search for not only a busy location, but at a location your services are much needed, if you take your business to a market for instance, you will not make as much as you would if you take your business to a major bus-top, they are both busy (fine) but there are more potential customers at the bus-top than at the market, also, the profit is cool as you can make up to 10 naira on each 1 minute of a call, be wise and you will find yourself smiling to the bank in 2 weeks with about 50,000 or more…this business however, has been placed on the 10th position due to its high uncertainty and risk, also the rate of competition could be very discouraging (if you have large customers today, be sure there would be other phone call centers competing close to your location tomorrow)

9)Buying and selling of CDs: there is a huge prospective profit from this business and you will certainly be smiling home with a huge profit if done well, you can get a cd at the market (Alaba) for like N80 and you can sell a cd for like N150 naira, this is close to a 100 percent profit, with ten thousand naira you can buy up to 100 cds for N8000, if you initiate an aggressive selling approach, you can end up going back to the market to purchase more, by selling 100 CDs, you can make up to 7000 profit in 2 days, and 50000 in 2 weeks.the locaion is a major thing and you also have to monitor the business closely, and the risk associated with location has made it to be ranked 9th on our list

8)Pure water sales: this is an untapped resource for business minded people, though local, it has profit potentials, a bag of pure water costs 55 naira from the supplier, and it contains 20 satchets, you can be making up to N145 on each bag and if 11 bags go for 600 naira, 110 bags goes for N6000, you can make up to N16000 profit in 3 days, and more than N50,000 in 2 weeks, but the inconvenience is very high as you will be needing to go to busy places before you can make sales, its risks is also high as you will have to be in a compromised manner mostly.

7) Phone accessories:you can invest your 10,000 naira on phone accessories like earpiece, chargers, etc, you can be sure to be smiling home with profit. chargers costs like N120 and it is being sold for like 250-300 naira so you can make up to 110-160 naira on each charger sold, this means huge profit, you only need to find a good location and get yourself a wooden board, then you are on your way to making profits. the location has to be a busy location, and it has high risk of operating, that is why it has been ranked 7th

6)Fairly used cloths: you can buy fairly used cloths and sell at a busy location, from research we made we discovered that you can make up to N17000,-N18000, you can make up to 50000-60000 naira in 2 weeks.location is the name of the game here. the risk is a major disadvantage as you are expected to be a ta busy location, also you have to be closely monitoring the business because the business will need your presence.

5) Plantain chips: making plantain chips is a very profitable business, especially in a busy location, all you need is vegetable oil, stove and kerosene! if this business is done very well you can be well assure that you will be going home with a huge profit, this business is very convenient and also there is minor risk, as you can do this business at home and at a location near to you, with as low as 10,000 naira you can start u this business and make more than 50,000 naira in a week!

4)Kerosene sales: you can make much profit from the sales of kerosene, all you have to do is go to a filing station that is very close to you, buy your kerosene (like 50 liters at 120/liters) and sell domestically at 150/liter, you make up to 30 naira on each liter, some might buy many liters at once. the trick here is that you get a good domesticated location where you can make the utmost use of the location and you will enjoy convenience and at little risk too.

3)Food vendor: you can sell fast food at busy locations, food is a necessity so customers guaranteed, all you need is buy noodles, eggs, and have a regular supplier of bread, you should also include tea on your menu, get a nice location and you can be making cool bucks everyday,indomie (super pack) goes for N50 in the market, and you can be selling your cooked indomie for 100/1, with operating cost (cost of kerosene,pepper,etc) approximated at N15 per each noodles, that implies you will be making up to N35 per each noodles, an adult will eat from 2 noodles upwards,means you can be making up to N70 per each customer, keep that up and you can be making up to N4000 per day…easy!!!

2)Tie and Dye: this business is an untapped,profitable business in Nigeria, it requires you to get a white fabric, then you rinse the fabric in water and soap, then you tie an end of the fabric with an elastic band, then tie severally leaving some spaces in between (about an inch), you can tie as many as you like,put dye and salt in boiling water, then soak the fabric, you have yourself a lovely material (popularly known as adire among-st the yorubas), you can get white fabric for like N200 per yard,get for -5 yard piece (which costs like N1200) buy dye (like N250), your total cost will amount to (approximately) N1500, you might be able to sell the material for N2500 and make cool N1000 for each of the material you sell.

1) you guys are really gonna be surprised at our number 1, PALM OIL!!! you can make easy money from palm oil business at a very low price too, all you need is to have a good source (ebonyi state has the cheapest palm oil in Nigeria)get a wooden table, and you can be sure to be quite rich in a short while,if you invest N10,000 in palm oil you can be sure of getting 70,000 in less than 2 weeks (from our research) all you need is a good location. and of course, a good source (which we discovered is east or ondo state, but ebonyi state boast of the cheapest,finest palm oil) and you are on your way to riches, start small grow big, there you have it!!!
if you follow strategic procedures you will discover these businesses listed above are viable and will enable you to be on your path to riches, best of luck!!!

13.1.17

Reflection: Always count your blessings by Strive Masiyiwa

When my business was still very small, I once found myself facing a crushing cash flow crisis. My biggest concern was finding money to meet the payroll, and this one month, it just seemed impossible. 

Being a believer, I prayed every day for a miracle as the deadline drew closer. One morning, it came into my spirit to approach a very wealthy businessman whom I knew was also a man of faith, and would hopefully appreciate my situation. I went to his office, and said to him boldly that I believed God wanted him to help me. To my shock and disappointment, he turned me down flat. 

I left his office and continued to try and get the money. Eventually an old friend of mine who ran a bank called me out of the blue and helped me out with a small loan. He didn't even ask me for a guarantee, which surprised me. This same banker friend continued to extend to me little loans whenever I was in trouble, and he never asked for a guarantee of any kind.

Many, many years later, when I was much more successful, the banker friend of mine disclosed to me something very shocking:

The wealthy businessman whom I'd gone to see that morning called him after I left his office and told him to extend to me the loans, and not to tell me that he was the one who had assisted me by giving the guarantees.

I learnt two lessons from that experience:

# There is so much that can be accomplished in life, when people don't look for credit.

# Always count your blessings, because they are always there.

Just imagine if I'd railed against that guy as being greedy and selfish, simply because he didn't see things my way, or help in the manner I considered best. Perhaps he would have heard about it, and withdrawn his support. I would often bump into him and when he enquired about my progress, I would cheerfully proclaim my hope that things were going to be just fine, and he would always say, "God is great, hang in there!"

During the dark days of Apartheid, someone asked Archbishop Desmond Tutu how he managed always to be so optimistic that it would end one day soon. He replied by saying, "It is because I'm a prisoner of hope."

A few weeks ago I offered iPads to two people who gave the first correct answers to my question about the news and sports channels currently on the Kwese.com App. 

__Congratulations to Michael Asante and Alan Branson. I will be sending you both an iPad for Christmas. These are the answers I was looking for:

10 sports channels:

# Kwesé Free Sports

‪# Kwesé Sports 1

‪# Kwesé Sports 2

‪# NBA TV

‪# NBA TV (Bandwidth saver)

‪# EFC 56 

‪# ESL

‪# Arsenal Media

‪# Spurs TV

‪# ESPN

7 news channels:

‪# Al Jazeera

‪# France 24 English

‪# Bloomberg 

‪# TVC news

‪# KTN news

‪# Africa News

‪# BBC

The events (live matches) are not channels.

Stay tuned for much, much more!  This week, I will give an iPad to someone who gives me the list of six African countries where the Kwesé Free Sports Channel (KFS) broadcasts as a 24-hour channel.

Meanwhile, I've delayed my special announcement until January. This one will blow you away… Don't try and speculate on what it might be; you'll just end up feeding the fake news hucksters.  Just wait for it, and be prepared.

Merry CHRISTmas.

"He is the reason for the season." 

End.

Image credit: Christopher Rimmer, christopherrimmer.com

25.2.16

The Nigeria Economy terms on Dollar

Read this...

Please let me explain to those of us who don't understand Economic terms. Dollar has not increased since Buhari became president.

1. Dollar is not our currency so dollar should not be our business.

2. Our problem is not d government but our problem is our importers and consumers.

3. Naira has remained at 197 naira to 1 dollar since Buhari became president.

4. Buhari has promised not to devalue the Naira and he has maintained that promise.

5. Both at CBN and at interbank rates, dollar has remained 197.

6. However because we are too lazy to produce what we use in Nigeria we import even toothpicks and matches.

7. Buhari does not like d importation of luxury goods because luxury goods is d reason for most corruption, that is why he banned 41 products from having access to forex.

8. However when Nigerian importers insisted on importing those 41 products, FG asked them to find their dollar at d BDCs parallel market also known as black market.

9. And to discourage the pressure Nigerians are mounting on the Naira just to get dollars for importation, CBN banned DMBs from selling dollars to BDCs.

10. To survive the pressure of excess dollar demands, BDCs resorted to sourcing for dollars from neighbouring countries through illicit money laundering routes.

11. Because of the risks faced by BDCs to source for dollars, and because of the increase in demand for dollars by importers because China just resumed from their business holidays, BDCs keep increasing the price at which they exchange dollars to naira and now it is 400 naira to 1 dollars.

12. However that does not mean that govt has changed the exchange rate because if our genuine importers go to CBN and fill Form M to import raw materials for local production, they will get dollars at 197 naira each.

13. So the problem is that we love to consume luxury foreign products yet we are too lazy to manufacture them here.

14. For example u will see a dull girl using iPhone 5 without even knowing simple physics and computer engineering part of how that phone was produced.

15. I want Buhari to ban every foreign product from Nigeria until Nigerians learn to produce and use Made in Nigeria products.
 
16. Let us stop complaining about dollar as if dollar has become Nigeria's currency.

17. It is even bad enough that most of those complaining about the high exchange rate of dollar do not have 1 single dollar in their purse.

PLEASE USE MADE IN NIGERIA PRODUCTS...

God bless 9ja.

11.2.16

How a Bread Seller turned Covergirl Olajumoke Orisaguna in Lagos, Nigeria

Her story has inspired million of people around the world! We bet you are asking what next for bread seller turned covergirl Olajumoke Orisaguna.

After her shoot with Ty Bello, Olajumoke is now very famous!

10.2.16

The silent achievements of Muhammadu Buhari (Nigeria)


By Jasper Azuatalam
February 6, 2016
Some times, when things happen so fast, it appears unnoticeable. Things have happened so fast since Muhammadu Buhari became President and it seems we have forgotten the past.
Just a quick reminder.