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Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny - Investment - Nairaland

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Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 9:49pm On Aug 01
Below �is a testimony of someone that took a bold step in investing in real estate


''Do not listen to anyone telling you to invest ooo!”

That was the voice of my mother, but I will never forget this investment experience that later saved my life.

My first Major visit to Nigeria after almost 10 years was in 2007, Banana Island and Oniru Estate were the best locations where you could find the movers and shakers of Lagos. MoHits had just released their numerous singles, ‘Why Me’ & "Pere" were my best jams.... if you weren't in 1145 or Bacchus on Friday nights, you were lost in the social scene.

I learnt everything from Aristo to Groto, the best place to eat Ofada rice and their Sunday nights had no Part 2. I was just 26years old. I had a G-Wagon and a Blue convertible MiniCooper GT. I didn’t understand the Nigerian Investment Scheme. I was naive and somewhat paranoid.

I met this developer Akin, who had a beautiful piece of land, located on a major road in Oniru Private Estate. His amazing Brochure showed that he was developing a 16 unit 3-Bedroom apartment.

“Suji, this is an opportunity of a life time, I am only giving you this chance because you speak French and we are both young. I have 16 Units and I have sold 12, grab 1 now before it is too late. For now it’s selling for 50M Naira, if you buy now, you can sell when we complete the project for 100M Naira”

It sounded too good to be true, but coming from a Venture Capital background, things like this were not strange to me. However, this young Oniru developer was too sharp for me. I was new in Lagos, and he was very persuasive. Do I trust him or not?

After spending 5 weeks in Nigeria, I had to go back to Paris. I had about 70M Naira left and I had only 2 choices: invest 50M Naira into the Oniru property or put it a Fixed Deposit and make 7% annually?

The fixed deposit was an insult on my intelligence but it was safe. The Oniru off-plan property sounded great but too risky. As a strategic risk-taker, hedging my risk on security and assurances, I took the Oniru property; after all, I had already spent more than 30M in nightclubs and on gifts for family and friends. I closed my eyes, paid Akin the 25M and gave him post-dated Cheques for 10M and 15M Naira, tied to milestones.

My Mum nearly fainted when she heard.

‘Ajaniogunnnn!!! You have given money to a thief!!!’

My aunty, my friends, my brother, everyone told me I was stupid; that the Developer will use my money to drink Champagne in Groto, but I trusted the Developer and I loved the project. My heart was beating fast but my conscience told me I did the right thing. People talk nonsense about things they don’t understand.

1 year after, no apartment, no house, Akin's phones were switched off!

‘Chaiiii!!!! This guy has finished me! Should I contact EFCC and SFU? I want my money back.”

Then, One beautiful summer of 2009, Akin called me:


“Mr Suji, sorry I have been away. I lost my mum but all is good. I am back now and your property will be ready in 8months. If you want your money back, I can send it to you in 3 Months.”

I was confused but I trusted the voice in my head. I allowed him to go ahead with the building and in 7 months, I received a nice 3 Bedroom with 1 BQ and 2 car parks.

Unfortunately for me, 2009 was a rough year, the international economic recession had affected my business and I was in dire need of money and sold my apartment for 105M Naira. This saved my life. What looked like failure became a fortune. I changed this money to Euros, revamped my business and compounded that money INTO MILLIONS which became the foundation on which I started Sujimoto construction in 2014.

Written by

Sijibomi Ogundele
MD/CEO SujiMotors

For Information on Securing Good Landed Properties In IBEJU-Lekki... DON'T HESITATE TO CALL/WhatsApp Rosedale Homes +2348068677558

we are Here To Help You Actualise Your dream
Fore more information and enquiries please call/WhatsApp Rosedale Realty +2348068677558


https://www.youtube.com/watch?v=X471Dm3dogA

Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 3:56pm On Aug 14
It's not just about buying a land, it's about putting your money where it counts..

We are having a tour of Ibeju Lekki/Ajah axis on Saturday 19th.

Time: 8am.

If interested pls whatsapp 08068677558 or indicate here.
We will be visiting some sites available for sales that we've talked about or advertised here.

You aren't in Naija as we speak but you would like to invest in one of our properties, kindly send a member of your family to join us or you can as well ask us for the video of your interested product(s).

85% of our clients are based in abroad, so we got you covered.

Good afternoon and have a blessed new week

we are Here To Help You Actualise Your dream
Fore more information and enquiries please call/WhatsApp Rosedale Homes +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 3:30pm On Aug 28
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.

Invest in Landed Properties...

Put a call through today to secure that future.

For more information and enquiries about our properties please call/WhatsApp +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 10:10am On Sep 11
we are Here To Help You Actualise Your dream
Fore more information and enquiries please call/WhatsApp Rosedale Homes +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 11:29am On Sep 22
Land is the best investment that guarantees security
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 2:00pm On Oct 02
we are Here To Help You Actualise Your dream
For more information and enquiries please call/WhatsApp Rosedale Homes +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 5:44pm On Oct 11
Invest in Landed Properties...

Put a call through today to secure that future.

For more information and enquiries about our properties please call/WhatsApp David +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 3:36pm On Oct 22
So considering all the amenities and attractions that Ibeju-Lekki has to offer, a property in this region may be the best option for those looking for properties in Lagos. This city is going to be the fastest growing centre in Nigeria and it is predicted to Increase its population by ten(10x) in the next few years, Looking at how fast this city is growing, Ibeju-Lekki is the best place for anyone who want to invest in property that will bring the highest return on investment.


Call or WhatsApp Rosedale Homes on 08068677558 or 08158770323 for detailed information on all the estates and site inspection
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 10:02pm On Oct 27
This city is going to be the fastest growing centre in Nigeria and it is predicted to Increase its population by ten(10x) in the next few years, Looking at how fast this city is growing, Ibeju-Lekki is the best place for anyone who want to invest in property that will bring the highest return on investment.


Call or WhatsApp Rosedale Homes on 08068677558 or 08158770323 for detailed information on all the estates and site inspection
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 9:26pm On Nov 03
You can't afford to miss this.

For more information and inspection call/whatsapp David : 08068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 12:27am On Nov 10
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.

Invest in Landed Properties...

Put a call through today to secure that future.

For more information and enquiries about our properties please call/WhatsApp +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 7:15pm On Nov 15
we are Here To Help You Actualise Your dream
For more information and enquiries please call/WhatsApp Rosedale Homes +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 9:42am On Nov 22
Still available
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 3:22pm On Nov 30
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.

Invest in Landed Properties...

Put a call through today to secure that future.

For more information and enquiries about our properties please call/WhatsApp +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by Adekazbaba: 5:52pm On Nov 30
234FINANCE: WHY EVERY TRADITIONAL BUSINESS MUST BE ONLINE

In an increasingly digitalised world, you would think every business has gone online but this is not the case for some businesses that believe their customers are not online. Perhaps you own a restaurant or run a taxi service and you still wonder why you need to be online.

Well, there’s more than just a need for your business to be online. Here are four reasons:

Digital Economy
No doubt, global economies are now largely driven by digitisation. The Internet of Things (IOT) has made it such that the world converges at one central point or the other.

Whether it is paying for a subscription, booking a flight or paying your utility bills, the world is hinged on the Internet of Things – where devices are more connected than humans but enhancing our lives at different levels.

The Internet of a Things lets you understand why the weather forecast is even better these days and how it affects your trip, your bus ride or even your lectures in class.

Today, everything in the world is connected With this in mind, it is wise to put your business online as well. For instance, a taxi driver may think he doesn’t need to put his service online. However, he has a Facebook page, where he has as many as 2,000 followers.

If he told these friends about his taxi service and posted information about it on his page, the possibility of getting more customers is somewhat guaranteed even without hitting the road early in the morning and driving through town to find passengers.

It may be hard to comprehend but the basic fact to understand is that, with social media presence, your business is already online and you are already tapping into the opportunities the internet of things presents.

Many traditional businesses are increasingly building an online identity by building websites, online booking sites, establishing social media presence, and so on. It’s never too early and there’s no such thing, as ‘I don’t need it yet’, get online now!

As a traditional business, whether a start up or an established venture, note that with as little as a Facebook page your business has the potential to grow as well.

Reach even more potential customers A traditional business can use an online presence to reach more potential customers from across the world.

Most traditional businesses are located in specific environments and provide products and services mainly for those environments. However, you must consider the possibility of reaching even more customers beyond your physical location. You may be a fashion designer in Lagos, Nigeria but an online presence exposes you to people across the globe and you stand a chance of getting orders to make a product for clients in Kaduna or even Kenya.

There are numerous opportunities that being online can expose a business to, and all you need to verify this claim is to have an online presence.

However, it’s not just enough to have an online presence, but also about using it as an avenue to promote your brand.

2.Get customer insights...
Read all article here
https://africanentertainment.info/234finance-why-every-traditional-business-must-be-online/
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 11:28pm On Dec 07
we are Here To Help You Actualise Your dream
Fore more information and enquiries please call/WhatsApp Rosedale Realty +2348068677558
Re: Investing In Nigeria: How People's Opinion Almost Destroyed My Destiny by threadstohn: 12:02am On Dec 15
For seat reservation on inspection, please call:
Name: Rosedale Realty
Mobile: 08068677558 or 08158770323

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