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Nairaland Forum / Nairaland / General / Business / Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle (26436 Views)
OLX Shuts Down Office In Nigeria / Erisco Foods Shuts Down Nigeria’s Factory, Relocates To China / For That Kind Of Hustle.... (2) (3) (4)
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Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by dking123: 10:35pm On Aug 24, 2016 |
I think the idear of selling furniture online is not the best. most people will copy your design pictures and take it to their local carpenter to make. 5 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by mployer(m): 10:37pm On Aug 24, 2016 |
tribalistseun: He is reaping the fruit of his labour. Who get money to buy expensive sofa for this economy. 6 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by wizkidblogger(f): 10:43pm On Aug 24, 2016 |
He should come back to blogging and thank me later. Only God knows why he abandoned his fluorishing tech blog for this kind of biz. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Sanni45(m): 10:43pm On Aug 24, 2016 |
VNOS:Nah nah.Just coz sumbody failed doesn't mean u re doomed 2 fail as well.Guy given it a shot jor. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Sanni45(m): 10:43pm On Aug 24, 2016 |
VNOS:Nah nah.Just coz sumbody failed doesn't mean u re doomed 2 fail as well.Guy give it a shot jor. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by mattsvibes: 11:01pm On Aug 24, 2016 |
You want to survive Then ask your self how long can you endure ?? 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by 9jatatafo(m): 11:08pm On Aug 24, 2016 |
Reminds me of those days I had a business in Mushin that requires constant electricity, almighty nepa ran me out of business and my resources were gone. 2 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Lexusgs430: 11:09pm On Aug 24, 2016 |
When is the closing down sale happening ? And what would be the discount against original price? 2 Likes 1 Share |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by olamds(m): 11:11pm On Aug 24, 2016 |
I love this great entrepreneur for being sincere with his write up.......I pray God Will Show You The Way and Shine His Light On Your Path...... 6 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nyaknor(m): 11:28pm On Aug 24, 2016 |
The summary of everything is that he is folding up abi? 2 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by bigtt76(f): 11:54pm On Aug 24, 2016 |
He should goan work for Linda Ikeji and stop ranting jooooooooooor! 1 Like
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Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nobody: 11:56pm On Aug 24, 2016 |
Cuteamigo1:only ineffective govts ban foreign products(imports) to prove a point. Boost local production through adequate financing and watch imported commodities decline because of high cost of importation through increased taxing. The present rice scarcity in Nigeria proves the govt is clueless. We don't produce enough to go round yet we ban importation of same rice we need to survive. Invest in rice production with the right quality and quantity, with time u'll see importation die down. No one will import a commodity dat is cheaper at home. 8 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by bigtt76(f): 12:04am On Aug 25, 2016 |
Sad buh one down ..more to go 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by abbey621(m): 12:06am On Aug 25, 2016 |
Nigerians mostly consider what it costs to start a business, most don't have a long term plan or a good exit strategy. This man could have built the amazon of showrooms but instead he's packing up due to limited vision. The opportunities are out there but don't expect opportunities to translate into success without a maintenance package. A noble thinker dies in the jungle because it lacks the zeal of the tenacious doer. Four questions for all future entrepreneurs: 1: What are my short and long term goals? 2: How much resources do I have to achieve these goals? 3: Are my goals flexible enough to survive in a changing marketplace? 4: What are my exit strategies? Make money and pack up or continue to grow through mergers and acquisitions? ANSWER THESE QUESTIONS TRUTHFULLY AND DISCOVER WHETHER YOU ARE A TRUE ENTREPRENEUR OR AN OPPORTUNIST. 2 Likes 1 Share |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by tribalistseun: 12:15am On Aug 25, 2016 |
Pavore9:there's nothing to rework, 98% of what he sale are imported furniture. So as long as the dollar remain high people can't import for him to sale. Jumia will soon announce their own obituary soon. 2 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nobody: 12:17am On Aug 25, 2016 |
VNOS:dont get discouraged.ur paths are different. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Dee60: 12:23am On Aug 25, 2016 |
Dajugba: Wonder why everything is blamed on Nigeroa or FG? Go to UK or the US and see how businessses that have even clocked close to a century are closing down! 10% of high street shops in London are now vacant. That is a place where you had to wait on the queue to get a small shop. Now there is no wait, because e-commerce is taking good share. Markets change and everyone must be ready. At any rate, it is in this same Nigeria that Dangote has thrived to become Africa's richest. It is here that a new bank, Sun Trust, has just opened shop. Ask InJoo or Samsung for the kind of success they have here. Linda Ikeji has announced she is setting up new businesses, after she opened a new office. Yes, indeed things are tough, but there is an opportunity for us to overcome. There is no 'father christmas' country anymore, anywhere. Dont be deceived! The days of automatic shirts or automatic jobs are over. Today, sweat is required, beyond talent! Back to the write up. The writer sounds to me like a success waiting to happen. And this is my advice - You dont have to put all your focus on the tech segment. Pray for guidance. You actually do communicate well. You engage people pretty fine. Have you heard about Yewande Zachaeus, the lady that left a career in banking to set up the most famous events company in Nigeria? Pray. 3 Likes |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by yusufu16: 12:24am On Aug 25, 2016 |
I think you dont have knowledge in your business. Because you are techy guy doesnt mean you can succeed selling furniture online. You could have hired a CEO to operate the business while you handle the tech side of the business. Looking at your website, I have not seen any fantastically appealing site. You need to learn alot to succeed in the online industry e.g. social media marketing, google analytics, google adwords, google webmaster tools, etc. Looking at your social media accounts, you dont have any post that will invite visitors to your website. Example how can you even reach large potential customers with only 1,723 Fans on facebook and 113 Twitter followers. You have failed to explore the opportunities out there in the ecommerce industries. Do you even have business plan. I always advice any new business to have a proper business plan. Business plans are crucial especially in hard times of the business. Business plan is the road map of any business. You business also lack every ingredient needed for success in the online industry. E.g. you dont have strong brand management, you dont even have good marketing strategies. Dont ask me how I know. Looking at your website and your social media channels, I can tell if your business is ready for success or not. 3 Likes 1 Share |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by funze: 12:27am On Aug 25, 2016 |
So, he's folding up abi? Anyway farming season is here. He can go into cassava. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by BlackOnassis(m): 1:03am On Aug 25, 2016 |
That is the danger of luxury business; it is the first thing to crash in an economic downturn. For now, I'll just focus on essential business which people need, rain or sunshine. If you sell a product which people must buy even when broke, then you are golden. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by GentlemanUnltd: 1:11am On Aug 25, 2016 |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by MissingBudget: 1:24am On Aug 25, 2016 |
tribalistseun:Eiyaah... 2 Likes
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Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Pidggin(f): 1:39am On Aug 25, 2016 |
tribalistseun: Send my regards 1 Like
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Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nobody: 2:45am On Aug 25, 2016 |
I wish him quick rebound. Meanwhile, I hope he would learn from his own mistake as he preached it here. The causes of his failure (faliure is not a sign of ignorance rather its an act towards perfection) are three folds: - He failed to choose his team wisely. This point can never be over emphasized, once you can get the right team, you are as good as a successful competitor next door. - He was self-conceited either intentionally unintentionally. Nothing kills a business faster than one person assuming both the role of a CEO and COO at the same time. Only a few people can escape from the brutality such a mistake do bring to business. This is more like merging both legislative and judiciary arms of government with the executive arm. - He did not have a firmed philosophical principle on which he operated his business. Yes, it's good to be a voracious reader, yet when one started to believe all s/he read, it means a time has come to stop reading. Knowledge will always remains superior to information. 1 Like |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Dajugba: 3:04am On Aug 25, 2016 |
Dee60: No I don't. just getting informed by you now, but I'd like to know more or little about her? Thanks. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Truth234(m): 3:33am On Aug 25, 2016 |
This is why I always tell people, stop listening to motivational speakers. Talk to CEOs that have build successful business. Although, Sheriff Shittu lacked knowledge on digital marketing and its technical know-how. He has proven to be a goal getter but a feeble. Two years is too small to throw in the towel, in a nation where tech is young. Even Americans needs more than two years to scale a business. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by kan12(m): 3:36am On Aug 25, 2016 |
y u shut down kwan,u no sabi weda az u shut down na im. one contract come no see.or na next year u go blow. I OBSERVE PEOPLE QUIT AT THE VERGE OF THEIR SUCCESS AND BFRE THEY REALIZE IT BECOMES LATE. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nobody: 3:37am On Aug 25, 2016 |
Buy off the company. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Nobody: 3:44am On Aug 25, 2016 |
Not even 5 years. I wish to work for that company, and he will see a turnaround. Truth234: |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by NSNA: 3:52am On Aug 25, 2016 |
I have tried over two dozen tech startups.. gave up on all but one. And might just give up on that one too as it is working but not making enough.. They say get a real job but just one more try i always say... Am sure all tech startups went through some hurdles,.. google, facebook etc So bro I feel the pain.. |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by WhoBeThisMan: 3:59am On Aug 25, 2016 |
The story of a quiter |
Re: Sheriff Shittu Shuts Down Showroom.ng After 12 Years Of Hustle by Truth234(m): 4:02am On Aug 25, 2016 |
BillBlogger: I think it has a lot to do with the people he surround himself with. From his article, he seems to blame everything on his "not knowing enough" or his team not knowing enough about how to scale a business. My question is, do we ever get to that point of knowing enough. I was watching Reddit Ceo, Steve Huffman, interview on Bloomberg yesterday. They scale by working with what they have and bringing in people that can complement those things. That is something I don't think Sheriff implemented, he heads the team and remain so even when it wasn't working due to his lack of know-how. 1 Like |
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