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Nairaland Forum / Nairaland / General / Business / Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers (94772 Views)
Meet Chiamaka "Tomato Baby" Who Sells Tomatoes To Fund Her Education. Pics / Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It / Dangote Tomato Processing Company Suspends Production (2) (3) (4)
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Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 10:00am On May 09, 2016 |
[size=14pt]SetBacks[/size] 1. PERISHABLES/ Poor State of Vehicles: Tomatoes are Perishables, some J5 got spoiled on the way. And when this happens. Just be sure you have a back up plan and hope it happens where there is a presence of settlement. Out of almost 48J5 - 51J5. 7J5 got spoiled on transit. Some were repaired but 3 J5 about 450 Basket got Sold at extremely ridiculous price of 3K/Baskets. 2. BANK TRANSFER: Thanks to My Bank. I love Diamond Bank. This Bank made transferring of money so easy for me. I transferred millions with ease and instant reflection. However i hated the fact that bank customer care always calling me to confirm if i transferred such amount. Even after confirming it, they will give you one call. Shout out to FirstBank. Hehe i cant believe i am saying this about firstBank. but una don try small. I am impressed. 3. THUG FEES: We loose much money to area boys and road side thugs. For example- W give every J5 Driver as much as N10,000. This is set aside to bribe police and soldiers and area boys on the road. In a certain area of Enugu State the youths demand as high as N4,000 just to allow the vehicle have their way. some youth wont want to work, rather they will just be on the way trying to get money from others. Its so annoying. 4. RIDICULOUS UNION FEES: We see fees that we begin to ask ourselves, if such words exist in the dictionary. We dont pay such ridiculous fees in Cameroon, then why Nigeria? Nigerian Government needs to Look into this. 5. NATIONALITY: Too be honest visiting cameroon and doing business in cameroon is not an easy task. We try to hide our nationality. When and If they should know you are a Nigerian, they will try to exploit you by all means. I have been in the currency business ( Dollars to Naira to Yuan for roughly 7months amd i am very versed in it. My final year thesis in the university last year was also on currency so i kmow every in and out ). But in cameroon i was taught to not Brag. These guys will give you ridiculous exchange rate and see you have no option but to pay. At times they rub this daylight robberry directly to your face. Imagine we buy a Can of Coke at N400 whem converted into naira. when i asked an hotel attendant why things are expensive she replied that we should stop acting as nigerians. Because they believe Nigerians are rich. We handed her N5000 which she thanked us and acted as our tour guide through out our stay. 5. BANKS RESTRICTIONS: GTBank Needs to step up her Game. In Diamond Bank, a savings account holder can transfer up to 10M a day without hassles all from Mobile App. Gtbank restricts transfers to N1Million. Also Gtbank Tramsfer is very slow as compared to Diamond. My Friend Had a hard time transferring Funds. 6. NETWORK ROAMING: Roaming at N40/Minute isnt fun. Note i said N40/Minute not N40/Second. The implication is this: - When i am recieving a call they charge me N40/Minute. Even if the call is just for 3Seconds i will be Charged N40. Ahhhhhh!! Iyalaya to all those Flashers :-) Men Diamond Bank Customer care agent just dei tell me say sir hold on while i confirm these details. i told her madam, confirm it and call me back. Hehe!!! Recharging Phone Ko easy. - Mtn Roaming is not so nice. The network is Pathetic. I had no option but to use it. 7. FOOD: No food like Nigerian Made Food. I couldnt eat some trash. so i resorted to drinking Soft Drinks and Snacks. 44 Likes 8 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 10:19am On May 09, 2016 |
The tomatoes Business is one whixh is best runned with self-sponsored funds. as anything can go wrong at any point in time. Next i will be giving a breakdown of fees and expenses etc. 5 Likes 2 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Acidosis(m): 10:26am On May 09, 2016 |
You're a REAL businessman, a risk* taker! Doing Business in Nigeria is tedious, I can imagine all you passed through settling those area boys & incessant 'tax' collectors. I would like to see your expenses, ROI, etc. 8 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MizMyColi(f): 10:30am On May 09, 2016 |
Ymodulus: 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by olabs201(m): 10:34am On May 09, 2016 |
Business has always been your project.I see you building a big business conglomerate in few years to come.I love your hustle and that of my good friend too. Following... 21 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by tosinjay(m): 10:37am On May 09, 2016 |
Ymodulus:You're true on this, hausa dey open and honest for business, more especially if you come sabi their language. 14 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 10:42am On May 09, 2016 |
Acidosis:Thanks so much i will do so sir. In few hours. Am at the Border now processing custom clearance and all. After which i head to The Union Park. A cameo of tomatoes just got here. Below is a picture of a cameo. It contains 500 Baskets. About to be loaded into 3 J5 vehicles. However i want to use a Boxer J5, as it contains more tomatoes than normal J5. A boxer J5 contains 160Baskets. A normal J5 contains 150Baskets. Also union fees and clearance and loading and all have been settled at once 6 Likes 2 Shares
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Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by ojochidem(m): 10:45am On May 09, 2016 |
Kudos @Ymodulus and @Izikjon. I love your courage and willingness to share knowledge. More grease. 9 Likes 2 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 10:53am On May 09, 2016 |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MizMyColi(f): 10:57am On May 09, 2016 |
joseph1832: Good Morning Mr Joe. I hope you have gathered enough insight on this thread to start Tomato biz. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MilesLamar(m): 11:07am On May 09, 2016 |
MizMyColi: chop one like frm me 1 Like 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by AleAirHub(m): 11:16am On May 09, 2016 |
Ymodulus: Seeing this can of stories from a young entrepreneur like you , keep my hustling going.... You have prove to every young / old entrepreneur that do come here for useful/important update that for them to SUCCEED & EAT LION share in the game, they must be a great RISK TAKER.... In all your new businesses idea , it is always a high tension to everyone that come across your update and that has made you strongly/successful. Bravo my Youngest Boss Cc Winetapper 15 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 11:20am On May 09, 2016 |
MizMyColi:Not really, I'm looking for more insight on how to woo you. So far, I've come forth with absolutely nothing. 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 11:25am On May 09, 2016 |
MizMyColi: |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Brainaic(m): 11:34am On May 09, 2016 |
Ymodulus: Bro. How much does a basket of tomato go for in Cameroon? |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MizMyColi(f): 11:41am On May 09, 2016 |
joseph1832: I take it you're not aware I'm recently married. Lol |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 11:47am On May 09, 2016 |
MizMyColi:Wow! CONGRATULATIONS!!!! Who's the lucky man who succeeded where I failed woefully? And you couldn't give me an invite... 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Nsonaso(m): 12:12pm On May 09, 2016 |
Grab MiC and cleac throat .... This is the next and future Dangote+. God bless your hustle BROTHER Drop MiC and leave 9 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ademat7(m): 12:15pm On May 09, 2016 |
Oga Ymodulus pls take a look at my response to the scarcity of tomato https://www.nairaland.com/3090266/opinion-immediate-solution-tomato-scarcity |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by stainlex(m): 12:21pm On May 09, 2016 |
Respect to your constant demystification of several businesses. Nice one. How do you take care of the perishable nature of the goods given the looming possibility of unnecessary delays? Do you insure or have plans of using refrigerated vehicles? I'm thinking scalability and sustainability. Would appreciate a response. Kudos. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by whizqueen(f): 12:30pm On May 09, 2016 |
Ymodulus, izikjon Great job guys... Always motivating and encouraging people. Young entrepreneurs Lemme sit down and learn too *sips coke* 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MizMyColi(f): 12:42pm On May 09, 2016 |
joseph1832: I'm sowieeee |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by winetapper: 12:47pm On May 09, 2016 |
I just don't like the fact that he is an Atheist.but He is blessed,Young and getting it! AleAirHub: 4 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by youngwarlocks: 12:52pm On May 09, 2016 |
Ymodulus......I am always amazed at the kind of risk you take in getting things done. nice one once again I am wowed. 3 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Project400: 12:55pm On May 09, 2016 |
Amazing!! |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 12:58pm On May 09, 2016 |
MizMyColi:No need to apologize. I'm indeed very happy for you. Your man is a lucky man to have a beautiful head with a beautiful body such as you for a wife. I'm almost jealous... LOL. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by MizMyColi(f): 1:04pm On May 09, 2016 |
joseph1832: |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by joseph1832(m): 1:07pm On May 09, 2016 |
MizMyColi:I'm oh... Imagining having you to have and to hold... Good brains, awesome body, along with good character always make a man never to look outside... 1 Like |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by rozayx5(m): 1:12pm On May 09, 2016 |
Ymodulus: your the real definition of a hustler. if your thread is a 1000 pages i always read it cause people like you make nairaland tick any one understudy yiu will become a millionaire 4 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by mysticgal(f): 1:29pm On May 09, 2016 |
I want to be like you, ymodulus . |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Sleekyshuga(f): 1:59pm On May 09, 2016 |
WOW!!! You are indeed a risk taker.. An admiration to entrepreneurs, especially the youths.. Well done !! 4 Likes 2 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by 1money: 2:02pm On May 09, 2016 |
Awesome |
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