Post
Topic
Board Economics
Merits 1 from 1 user
Re: New business idea.
by
itorai
on 03/12/2023, 13:49:45 UTC
⭐ Merited by fillippone (1)
I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making. This business idea can help someone that doesn't even have a skill and someone that is not even educated, all the person just needs to have is the money to buy the manufacturing equipment that's all.
With this graundnut oil making business, one can get the kind of life he/she wanted because the demands in this graundnut oil making business are a bit high. One can even start with a little money. However, this business is also an investment. If one can dedicate more time to it, he/she can benefit from it (can make it a company).

this information shows how the demands of the graundnut oil is in my country today is.
You can also watch a little on how to manufacture the graundnut oil, I can even invest more if I have this business and start making more money, so what are your takes in this idea?
I think the ideas you share are very helpful, it's just that there are people who don't want to use it as an income, perhaps due to several factors including:
1. People who are afraid of failure in undertaking a business
2. Traumatized by business events that have occurred
3. Difficult promotion to sell
and this has probably been experienced by everyone who starts a business, because independent business is full of ups and downs at the start and difficulties faced, especially for those whose mentality is not yet at the entrepreneurial level.
However, this can be minimized by making efforts to correct past mistakes and being determined to achieve results from your efforts. The point is to learn and continue learning in developing the business you are running.