It is really necessary for business people to always be on the lookout for business opportunities. This becomes even more imperative for business consultants like me. So when I was doing my mom’s last funeral rites, I walked around with my eyes open for business opportunities.
somewhere on my site, I have dealt with trading opportunities but thought I should treat this separately because of the great earning potential it possesses and the versatility of the idea. It will work almost everywhere and for a long time.
So welcome to the water business that beats pure water, even if it doesn’t need NAFDAC approval.
Have you ever noticed that people go to collect water with 50 liter drums and distribute it to places? They will be hung from their shoulders or pushed with a cart at times. However, these guys make money the hard way. If you sell a can for N50, you will get N1000 gross from 20 cans. Now imagine how much money this business will make if it expands.
I write this from experience. I spent N7500 to fetch water during my mother’s funeral and it was easy money for them. I almost beat myself up for not telling my readers about this idea sooner and I’ve been seeing this for years.
This must be the source of the Yoruba saying that sellers of water will never do without profit.
This business is all about bringing water for people, only you won’t be using your back or your car. It will cost you some money to get started, but you will pay for it in no time.
What do you need?
1. You need a vehicle and it doesn’t have to be new. You can get a used 6 wheeler or an old Volvo car and rebuild the rear end. You must have seen the type they use to transport wood. Get a vehicle, you need it. When you grow the business, you can buy a tanker truck.
2. If you can’t afford a driver, drive. If you’re starting out big, get a corporate tanker and driver. You must dress well.
3. You need a water pump to load and unload. This goes for around 15k.
4. You need containers like tanks, 50 liter barrels and drums. You can rent them to party people daily. A 2000 liter tank is N1000 overnight. If they rent this 11 times they have made their money back as the tank sells for around 11k. I tell you this business is next to stealing.
Where do you get your water from?
It depends on many factors.
1. If you have rivers or streams around you, you can go find them for free.
2. You can buy from water corporations and well owners.
3. You can drill your own well if you have the space and money.
I’m sorry, a well won’t bring in enough water to sustain this business. So don’t go and sink a well for this.
Your Market.
There are many places to sell, depending on where you stay and the situations. There are days when you cater to people hosting corporate events and throwing parties. If water doesn’t run in an area, go in and kill. Walk with your ears and eyes wide open. Being close to the ground.
In general, these are your main objectives.
· Food vendors. (dining rooms)
Yes, small and medium hotels do have water problems.
· Hospitals.
· Construction of websites.
· Hospitals.
· People throwing parties.
Individuals where they have water problems and there are many.
· Car wash.
Advantages over the pure water business
- You don’t need a lot of capital to get started.
- NAFDAC approval is not required.
- You don’t need a permanent place.
- You may not even have an office, but it’s more professional to have one.
- Fewer points of sale, but high sales volume. If you drop 2000 litres, that’s N2000.
- It does not require a large fleet of vehicles. A tanker truck can fetch more money than 3 pure water vehicles.
- You need fewer workers.
You can start this business with a minimal budget. You will get a used Volvo car for 50k. Use another 50k to rebuild the back to accommodate the drums and keep them from falling out. With 100k, you can start this business in your neighborhood.
A serious guy will ride a jeep in a short amount of time with this business and you meet a lot of people.
Caveat. The water must be clean. You may not have the NAFDAC folks after you, remember the health inspectors are there. In any case, a true businessman should not sell a bad product. So he drinks clean water.
Go and start. There is no NAFDAC or regulatory body to go after it. It is water, it can never fail.