Monday, 8 September 2014

HOW I MAKE #200,000 MONTHLY FROM POPCORN AS A STUDENT

 


     
This is a testimony of how popcorn business can  bring in #200,000 into your pocket  monthly with a capital of #25,000.

I meet this student of Lautech   (Wale) who makes noting less down #200,000 monthly from selling popcorn.

He said: - I started with #25,000 about 6 month ago after attending a seminar on entrepreneurship.

I bought a used (in good condition) machine from a woman at the rate of #18,000 ,I spent #4000 on getting the raw material(corn, butter ,sugar ,nylon etc.)

 I never had enough money to get a generator so I went to make a deal with the owner of one computer business center close to the school entrance gate at ADENIKE area of lautech.

I put my machine at a corner at the front of the shop and also connected my machine to their power source 

The aroma that comes from the corn always invite me customers as they walk in and out of the school.

I seal noting less than 150 packs daily at #50 per each.

                       Calculation

In a day……….150 packs * #50   =   #7000
Production cost……..#2000
Profit daily……#7000 - #2000 =   #5000
Profit in a week …….#5000 * 6days  = #25,000
In a month………#25,000 * 4 weeks =  #100,000

 As at now I employ people and I have 2 other post with pull in noting less than #60,000 monthly
#60,000   *  2 =    #120,000
Total profit    =   #120,000 + #100,000 = #220,000

  As u can see that this student (Wale) even makes  more than 220k monthly from selling  popcorn with a very little capital of less than #25,000 he started with.

     My fellow Nigerian popcorn business is real and profitable.
Note pls  I am not advertising any product but if this student can active this with 25k imaging how much u can make.

     If you can get machines and put it at different evens (wedding,church,etc) on Saturday imagine how much u will get

This business do not require advert because as u produce fresh it will always attract its customer who can buy more than 5packs at once.