Creative writing contest edition01#: what business routs will you take with a 500 steem capital:

in Steem Cameroon2 years ago (edited)

Hello beautiful steemian @nuahfabian bring to you another contest of the week organised by @b-naj and @wase1234 am honored to paticipate in such an amazing contest, this contest required me to explain how to carry out a business with a capital of 500 steem which is equivalent to 104000frs in Cameroon currency's.as of now, couple with the fact that the price of steem have drop drastically but hopefully it will rise back subsequent as days goes by.
I will first of all start by bringing in this concept that is always said by my spritual father in the lord as thus

Every economy can rely on it resources to develop economically ,if the principal relying factor for economic growth is determined and established around the boundaries of the economy

From the above phase we need to determine the factors for economic growth which is the principal factor ,all the factor for economic growth of every nation is available the problem is that the relying factor has not yet been determined once it will be discover economic growth become inevitable.

With the 500steem as a farmer once you ingage in farming with these capital you will not cultivate for yourself but you will also feed thousand of people across the nation an you will be able to creat employment to the masses the following are my ideas on how to use the 500 steem

IMG_20220214_173155.jpg

Business idea

creating of garden for the cultivation of species

The following species will be cultivated

  • tin of cabbage costing =25000frs
  • tin of celery costing =10000frs
  • bags of manure costing 45000frs
  • renting of the farm for five months 5×5000frs= 25000frs
  • Purchasing of fugucide for treatments =4000frs

total expenses

  • 25000 frs+ 10000 frs+ 450000frs+ 25000frs + 4000frs= 500steem
    From the above activities something like cabbage have a duration of three months for havest while celery takes a maximum of one months after transplanting from the nursery ,evaluating one tin of celery it contains one hecter of farms provided it germinate well .

With the tine of cabbage it contains500mg per tin so it can take close to 1000 seedlings of cabbage in the present economy a ready cabbage now cost 300frs in the market after three months which the size of the cabbage determine the price let us do some rough calculation as follows

After planting 1000 cabbage let say In three months 300×1000= 300000frs
With above analysis after deducting your labour, expenses you will see that in three months time will must have made a profit of 200000

Taking on the second example for celery which is one of the the best best perishable vegetable which is lucreative as of now , cultivating a tin of celery in a vast land it is not an easy jobs but take the following explaination

IMG_20220325_130513.jpg

A tin of celery contains **100 gm when cultivated a bundle can be sold at 300frs depending on the season which it was cultivated but now as of this months of March a bundle cost 400frs per bundle and it is harvesting is done per week, if for instance you harvest 500 bundle per week let say 500×300=150.000frs per week now if it is a months 150,000×4= 600.000frs
Looking at the example a farmer is capable of having a huge amount of money in a months and this species can be harvested within a period of 5months from the rough calculation if a farmer is capable of harvest this species for 5 months he/she is capable of raise 30000000

As from the above statistic as a good farmers carrying out such venture for a year it automatically make you a millionaire in a year that you can take just a milestone of your profits and you will be able to invest into steemit platform able to buy much steem and save it and sale it when the price of steem rises as a steemian the option to take as a second opinion is to invest more on steemit platform to sale Incase price rises

My reason for choosing this aspect for investment is because I am an environmentalist ,I love it when the environment is Greener and I love to be a solution to the problems of unemployment and food I security face in my country as of now most importantly I believe that one of the best ways of expressing love is by sharing to others by doing so am able to feed the population that is not able to meet up with a square meal per day . With this it will help me to be able to grow not only in my activities but also help me buy more steem to always meet the standard of club 5050
I will to invite the following @hive-161774 @nancygbemi and @ngoenyi from nageria to participate in this contest
https://steemit.com/hive-195150/@steem-cameroon/creative-writing-contest-edition-01-or-or-what-business-route-will-you-take-with-a-500-steem-capital

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 2 years ago (edited)

Hello @nuahfabian, your post will look more attractive if you are converting all the money in FCFA into STEEM price..besides that, you haven't even told us the currency you are purchasing the various items with, is it FCFA or , or what type of currency are you using

For instance, at any place you call a certain price, make sure you convert it to STEEM so as your content can look unique

 2 years ago 

Wow wow wow, i think i should partner with you in such an investment on a large scale. What do you think

 2 years ago 

You are welcome to it ohhh if you partners with me

 2 years ago 

Your post has been curated by Steem Cameroon curation account.

Steem Cameroon appreciates your dedication, and encourages you to do more.

CATEGORIESREMARKS
CSIPoor (could be better)
Club projectNot a Club5050 member
Plagiarism0% (100% steemexclusive)
DelegationAnticipating revision

CORRECTIONS

  • Practice the use of markdowns to make you posts more attractive.
  • You are strongly adviced to join club5050 soonest if you hope to gain booming suggestions and support from the Steemit Team.

Reviewed by: @b-naj

 2 years ago 

Am in club 5050 member and I do my power-up challenge always

 2 years ago 

Screenshot_20220326-213718.png

Use the link below to check
https://scribe.steemcryptic.me/club5050?

 2 years ago 

https://steemit.com/hive-195150/@nuahfabian/my-power-up-challenge-of-17-404 here is my power-up two weeks ago how come am not a club members

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