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How This Ibadan Boy Ended Up With 7-figure Net Worth - Business - Nairaland

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How This Ibadan Boy Ended Up With 7-figure Net Worth by therealjack(m): 8:38pm On May 14
In yesterday’s post, we spoke about my mentor (Mr T) who runs a successful multi-million naira business from the comfort of his home.

But what I didn't tell you is the kind of business he does and how he made his first million.

So that's what we’re going to talk about today.

Who knows, you might get an idea or two that’ll help you make your first or next million.

Before we start, I want to clear the air about Mr T

You see, he’s not a rich kid or anything like that…

His parents are regular civil servants in Ibadan earning a small salary every month.

That means he grew up like many normal guys…

Went to a cheap primary and secondary school…

And like most of us, his parents tried to force him to become a doctor but he ended up studying zoology in Ekiti state university.

According to his dad, he wasn’t ‘intelligent’ enough to meet the school’s cut-off mark (ouch!)

Anyways, he later dropped out of uni in his final year because he found a way to sell books online and make money.

Books? Yes ugly looking books.

He made his first million selling ordinary books!

In the early stages of his business, he was making like 5k every month selling books on ‘how to make soaps and detergent’.

As you can already tell, it was a terrible idea.

And he didn’t start making up to six figures and eventually seven figures until…

He discovered that there are about three core markets that pay the most money for any commodity - even books.

These markets are:

1. Health and wellness market

Teach people how to cure an illness that has been eating away at them or one of their family members and they’ll happily pay you whatever you ask.

2. Money market

This involves everything that has to do with making money, saving money and multiplying money.

stocks, forex, crypto, piggyvest etc

3. Relationship market

I remember one time here on Nairaland, one guy - Charles Nneji - was selling a book on ‘how to attract women’. People loved him and bought his stuff because it was in one of these key markets.

Now back to Mr T,

The book that made him his first million was in the health market…

I don’t remember what the book was all about but I know it sold and sold and sold.

That one book opened the door to his success online.

Today, he no longer sells books but not because it’s no longer profitable or anything like that but simply because he has moved on to bigger and better business models.

Funny thing is that after he started making more money, his father (same one who called him unintelligent) now brags to his friends about him…

The people who laughed at him for dropping out of school now want him to cut soap for them…

Today he lives in Dubai and only visits Nigeria from time to time to check on his other businesses and visit family.

So what's the lesson in all of this?

Start selling books?

Drop out of school?

Of course not!

Selling books might have been a good business back in the day but today? Not so much.

These days, chatgpt and other AI software can write a good book on any topic in a matter of minutes.

In a matter of years, i believe AI will also be programming, doing marketing and so many other things.

The goal for every right thinking young person is to either get a good paying job… learn a skill (offline or online)... or start a business (offline or online).

As for me, I run a business online like my mentor Mr T and my advice to you is…

Start today!

whatever it is you want to do, you don't know if it'll work out or not.

Just start and you'll find out soon enough.

There's one thing I can help with though…

If you plan to sell stuff online or do any kind of business online…

You need something that is future-proof. Something AI can’t come and spoil for you.

I know 5 businesses that match this description and I'm happy to share it with anyone who wants it for free.

I can’t post pdfs here so if you want it, you have to reach out to me on whatsapp.

Click on my profile and send the word “book” as a message to me on whatsapp (my number is in my profile)

And i’ll try to send it over as soon as i see your message.

Okay…

That’s all I have for you today.

PS: You might have to save my number to be able to send me a message… you can save it as ‘Pedro’

I’ll be looking forward to sending you the pdf.

E go be!

1 Like

Re: How This Ibadan Boy Ended Up With 7-figure Net Worth by therealjack(m): 9:33am On May 15
more on Mr T coming later today

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