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Fast selling business to start with $50 online
- Thread starter Augusta
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My dear friend, I believe you might be able to get something where you live in Nigeria, where $50 I believe has a lot of value if converted into your local currency
. While here in Italy with $50 which is equivalent to our 46 €uro, we here in Italy can do very little, jusr for don't say nothing. To give you an example, so you can understand better, with 1€uro I can't even get a coffee!
. While here in Italy with $50 which is equivalent to our 46 €uro, we here in Italy can do very little, jusr for don't say nothing. To give you an example, so you can understand better, with 1€uro I can't even get a coffee!
$50 here means 15000 Rs. and yes, we can start online business with it. I started rice selling online business as I purchased quality rice from wholesale market then uploaded it's videos and send to people those to whom I know. Further I given it's advertisement in OLX.com. Soon people started contacting with me and I started supplying them at their home and getting money.
I see and I think that this is very good for you, my friend.
Excuse me if I kindly allow myself to ask you just two questions, since I see that you are from Pakistan.
- What currency do you use in your country?
- What language do you speak?
Thank you in advance.
With $50, or Php 2000, I can open a small online store. I will look for a product that is both affordable and saleable, for instance, oatmeal soaps.
This is a nice online business but I don't think I can start it here with just $50 it would be very small.
I don't think the poster is from Nigeria, her location says she's from the United States. Meanwhile don't be surprised that $50 dollars can't do much for you here in Nigeria when it comes to starting an online business.My dear friend, I believe you might be able to get something where you live in Nigeria, where $50 I believe has a lot of value if converted into your local currency
Well, I know her, although she often changes the flag country as she prefer, she is a Nigerian woman, I think she can confirm this to you. However, it is clear to me that in Nigeria $50 is worth much much more than it would be in Italy or even in any EU member state where we have the €uro as currency.
eLdavis
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At the moment it is extremely hard to even find a business you can start with that amount here in Nigeria, due to the cost of things right now.My dear friend, I believe you might be able to get something where you live in Nigeria, where $50 I believe has a lot of value if converted into your local currency
You can use 50 USD to start farming and cultivating vegetables! One of my friend is making aclot of money by selling vegetables from his farm. In developing countries, the money can go a long way.
there are many businesses which you can start with this amount of money for me I think I will go into ptc
business where I buy a website that come with hosting use the money and buy advertising a friend of mine is doing it and the business is moving for him
$50 for us is equivalent to 4000 Indian Rupees. That might be too small amount to start even a small scale business in real sense. If that would have been the only saving for my business, I would have gone for something that would not need any place to rent and can be done with this budget. Maybe some snacks selling business to start with buying ingredients and cooking it at home. And then selling it. Slowly with the little profit, one can think of upscaling the business.
That's one thought I have. $50 is too small amount for our country to start any business.
That's one thought I have. $50 is too small amount for our country to start any business.
I understand that the indiscriminate increase in everything since the post-pandemic period has created serious problems all over the world. But above all to small businesses such as manufacturers.
I'd look at dropshipping on sites like Shopify. You don't need much money to get a small store going since you're not holding inventory. Just find some affordable products people want on places like AliExpress and Oberlo to import into your own Shopify site. Market them on Facebook and see what sells. With $50 you could easily test out a handful of products to see what clicks.
In my opinion, if you have initial capital of $50 then the best online business is to open a Dropship business, because you don't need to stock merchandise, you only need to market, if your business gets bigger you can start a reseller business.
Sorry the drop shipping business how dose it work because I have tried this before but since I did not have someone to guide me along so I miss along the way I will advice you to try crypto and forex trading as well
Maybe you lack promotion so your dropship business is less profitable, of course the first time you have to be a trusted dropship supplier, I have been trading crypto since 2016 on the Yobit exchange. Since college I have also been trading stocks.
From this you can make a very simple Instagram store and it’s free, and for 50 dollars you can buy interesting and cheap products from AliExpress and sell them more expensively, and if everything works out, you can buy more products from the profit
ln my country that is very little amount of money to start a business with. That's because items are highly priced due to the inflation here.
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With the skyrocketing prices that we have this time that amount $ 50 is not enough to start even a small business online.
