Creative Writing Contest - Edition #01 || What Business Route Will You Take With A 500 Steem Capital? by @shance-light- club100
Hello my people, im very happy to participate in this contest organized by @wase1234. In this contest i will be writing on what business idea i can execute with 500steem. This investment will go straight to a mini medicine store.
in the pro pharmacy, pic taken by Samsung Galaxy j7
First how much is the current steem price and its equivalent to my country, Cameroon.
Steem is about $0.3633 per steem .
Source
a screenshot from coin base market showing price at 10;30pm on the 26/03/22
Thus the price of 500steem at this moment is :
500× 0.3633 = $ 181.65
According to this source, this is the most current price of steem. But $1 is approximately 500frs in Cameroon . Therefore $181.65 is equal 90825frs.
screenshot taken by Samsung Galaxy j7
what Business i can invest 90825frs in??
Like i mentioned above, if this amount was given to me, the first thing or business i could do is to invest in the health factor.
As a nurse, i am eligible to run a pharmacy with legal permission but this procedure is usually very long. But like its always said
a journey with a thousand miles begins with a step
Thus if i was given this amount, 90k, i will open a pro pharmacy and the proceeds from it will get it a long way through a legal procedure.
| Characteristics | funds |
|---|---|
| Renting a small space per month | 10,000 |
| Getting basic such as chairs (2 plastic chairs) | 10000 |
| Setting up a counter | 8000 |
| Electricity bills per month | 1500 |
| Getting some basic requirements such as books, pen, ball markers | 5000 |
| Getting basic equipments such as a thermometer, manual BP machines, alcohol, cotton, syringes | 20000 |
| Getting essentials drugs: paracetamol, quinine, quartem, Artemether inj, cotrimodazole, efferalgan tabs and syrup, novalgin tabs, amoxicillin capsules and syrups, dexamethasone tablets, diclofenac tablets | 38000 |
| Peti cash | 2325 |
| Total | 90825 |
From the table above, it can be clearly seen how each fund will be spend. All above information is based on my location as it is a rural area.
The main reason for my choice is the fact that i am a nurse thus i have knowledge when it comes to drugs as i can easily run a pharmacy.
If the amount is double, i could invest parts as shown in the table above and the other part of it could be invested in steemit. Since i am still learning about cryto currency, i could instead buy steem and power up, since this is one major way of investing in steem
Thanks for reading.
15% beneficiary to @steem-cameroon
Your remittances do not allow you to be a member of #club100 . Please correct your hashtag.
Greatings, please more information or proofs to this claim, i have never made redrawal from my account. So please what is disqualifying me from club100?
You haven't powerup up all your rewards
Futher more, you can see for your self
So you will need to power up everything before you are eligible to use #club100
Hmm, ok im amounting that steem to ppwer up na but its ok.
Thanks for the information
Then It won't be professional if you use the #club100 tag if you got some liquid STEEM or SBD in your wallet.
So I advised you to better be using #club75 tag until the day you start powering up every single STEEM or SBD you have
Thanks dr
@shance-light
Your post has been curated by the Steem Cameroon curation account.
Follow @steem-cameroon for more updates on the upcoming contest.
Concerning the club status, it is advised to use the club100 when you actually power up all your earnings. We understand why you added that tag to your tags, it is wrong. It is seen as a way to cheat the system by accumulating STEEM claiming you have not withdrawn within the allocated time frame. So always look at your club status from what you earn within the allocated time frame and not your withdrawal status. We hope our explanation of why you are not a club100 member is clear.
Thank you for supporting Steem Cameroon
Reviewed by: @fombae
Thanks very much