1000$ Plan _ Not Just Spending.

If today I suddenly had 1000$ omoooo, no jokes here , there's a lot of things I would do with that money, sometimes when money comes to people's hand , their first thought is to spend to buy all what they have been craving for, but trust me , I'm wise , I wouldn't do that if I suddenly came across that kind of money.

First thing I would do is to start my business, I have been meaning to start a clothing line business for a while now ,but it requires alot of money and if I had this money I would remove a part of it and start this business, I don't need a shop to sell,it's just to go to the market and source for products that are high in demand and start selling online and offline, take it to Church,school, meetups etc and advertise what I'm selling, just the idea of having something that's brining you daily monet is actually so nice to think of.

I have learnt that it's always wise to divide money wisely, that's why I'm not going to put all in the business, yes a good part of the money will be for the business, knowing fully well that I will be selling and restocking again.

Next is investing some part of it, you can never go wrong with good investment plans, instead of your money to just sit there Doing nothing, put It into good investments that you might have made good research on , now people go into investments without proper checks and that's wrong, so do proper checks and put the money in invests that would also yield increase, over time it would become something huge.

Okay , next is saving , I would put a little into saving, yes saving , something you can fall back on , saving for the future,life has a way of surprising us with unexpected surprises,so it's for things like this.

So having 1000$ will be like an opportunity to build a name for myself, something big for myself and yes I will not take it for granted or anything, it would be somewhere that my kids and partner would benefit from a great deal.
Sometimes it is not really about how much money you have, but how wisely you choose to use it, and with the right decisions, even $1000 could be the beginning of something meaningful.

Image Is Generated With Chatgpt

1000573341.png

0.06086520 BEE
2 comments

It's crazy that over here, $1000 only barely covers a month of bills if you live in a normal house and have a car, but where you are, it's enough to start a business.

0.00000000 BEE

It's enough to start a business here,a big business that would sustain someone.

0.00000000 BEE

I guess it helps that the cost of living is lower, although I'd love to know how it relates to earnings. If the cost of living is half that of the UK, but earnings are also half, then it kind of balances out.

It's a shame that there is a perception that investing in small or startup businesses overseas is so risky.

What kind of challenges do Nigerian small businesses face ? Here, I have significant issues with over-regulation, high (and over-complex) taxation, dealing with large suppliers (e.g Royal Mail, utility companies etc), and general crime (false non-delivery claims and other forms of theft/fraud).

Corruption isn't a direct issue here, but indirectly it has a massive impact - it's a game that only some can play, but drains massive amounts of money from the economy, which is being reflected in crumbling infrastructure and general inefficiency. We've had a saying for a few years: "nothing works any more".

What I really admire in the Nigerian businesses I see posting here on Hive is their incredible resilience, adaptability and hustle mindset. Something the English could definitely learn from !

0.00000000 BEE

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

0.00000000 BEE