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Nairaland Forum / Nairaland / General / Business / Gomyway Is Shutting Down Business Operations In Nigeria (22780 Views)
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Re: Gomyway Is Shutting Down Business Operations In Nigeria by Ghokes(m): 4:40pm On Sep 29, 2017 |
Eeyah |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by iconlegend(m): 4:40pm On Sep 29, 2017 |
Let's continue to pray for indigenous companies in Nigeria. Why Sim Shagaya again ? |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by DJperdurabo: 4:42pm On Sep 29, 2017 |
Entrepreneurship is not an easy thang at all! Moreso with a business environment that's as unfriendly as Nigeria. Me thinks that there are certain businesses that are "built" for the Nigerian market. If one can key into such businesses the rest as they say is history. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by macaranta(m): 4:52pm On Sep 29, 2017 |
Saddening... Visit my signature |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by OmoManU: 4:53pm On Sep 29, 2017 |
why |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by gabicon: 4:59pm On Sep 29, 2017 |
Bad strategy, started it in 16 states n no user base charge for a year ,with how big uber is they did not start in two states at same time, they consolidated in lagos n moved to abuja after finding footing. internet penetration in Nigeria is still very poor not to talk of its literacy, most people are not apps savvy, they only know about social media in the sense of facebook, IG and the gossip sites. another problem with the e-business is that we lack integrity hence nobody is willing to risk his money online. I dont classify this as a fail though, I mean Jumia just posted an over $51 million loss, not to talk of the others, the fact is doing business in Nigeria is difficult, it from one constrain to the other. 1 Like |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Egein(m): 5:08pm On Sep 29, 2017 |
T0MMY: You're highly likely based in Damaturu, Ogbomosho or somewhere in the deepest recess of a far-flung hinterland. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by joinnow: 5:14pm On Sep 29, 2017 |
Still counting........ Biz going down After now bureau of statistics will say otherwise. Bad policy from bad government frustrating biz 1 Like |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Rumplesteelskin: 5:21pm On Sep 29, 2017 |
It is in their name already. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Kay512: 5:22pm On Sep 29, 2017 |
magoo10: It actually is about the Nigerian culture, trust and security issues. Not so many Nigerians can share ride with strangers. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Kay512: 5:24pm On Sep 29, 2017 |
Egein: Aha. Ogbomoso has Ladoke Akintola University of Technology na |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Nobody: 5:24pm On Sep 29, 2017 |
Hmmmmm.......with the spate of kidnapping and ritual killing in the country, I won't risk my life sharing a car with people I know next to nothing about in the name of GoMyWay. I'd rather FindMyWay instead. It would have made a good business investment but people value their lives more. 6 Likes |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by henryobinna(m): 5:24pm On Sep 29, 2017 |
nextstep:you're very right, very hardto make them start paying. I tried that on one of my site, it was a flop and |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Nobody: 5:27pm On Sep 29, 2017 |
Jumia company just posted a loss. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Tedpgrass: 5:33pm On Sep 29, 2017 |
****has he looked at crowdfunding unusual in NGA but sth to consider given large user base **** incentivise people to spread the word with tokens **** add more value--- quarterly or monthly competitions with free dinner/ club/ event tickets **** consider norminal.joining and or monthly fee just a few suggestions |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by SalamRushdie: 5:34pm On Sep 29, 2017 |
jeeqaa7: I hope you are nor refering to that content less TSTV |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Lothario(m): 5:53pm On Sep 29, 2017 |
openmine:The guy dey rest now ehn |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by kevoh(m): 6:11pm On Sep 29, 2017 |
Never heard of them. Nairaland, LIB and Facebook ads would have increased their userbase. 1 Like |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Sezua(m): 6:16pm On Sep 29, 2017 |
Kay512:A school that operates two months in a year |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Hotfreeze: 6:22pm On Sep 29, 2017 |
Sezua:
|
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Abagworo(m): 6:23pm On Sep 29, 2017 |
Uber itself is operating at a loss and so is Jumia. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Egie4real: 6:31pm On Sep 29, 2017 |
What was the business plan in the first place? Grown your subscribers base then just pull out! Strange idea. paulstrings: |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by ponpin234(m): 6:36pm On Sep 29, 2017 |
How can i get in contact with the CEO, an email will be of help. Thanks |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by bejeria101(m): 6:52pm On Sep 29, 2017 |
paulstrings: Very true it can be outsourced to potential investors. Its an awesome idea and shouldnt be allowed to die |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Chartey(m): 9:15pm On Sep 29, 2017 |
stcool:GoMyWay advertised on Nairaland |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by IkpuMmadu: 9:22pm On Sep 29, 2017 |
Out of 180 million users you only have 12,000 and you call it a success....well it ain't and I have to be honest with you..most of these start up must learn how to go into branding and visibility . That's why we are here for em It's unfortunate but live goes on Word of mouth ain't enough |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by alakuko: 10:15pm On Sep 29, 2017 |
I had same idea October 2014. I returned from my annual leave in December 2014 to get developers to work on same. I considered the security situation in nigeria and that is how my idea went down. I was surprise when I saw gomyway. It was as if we are thinking same. However, goodluck to you guy in future endeavour. Nigeria environment has inhibit lots of promising businesses. God help us 1 Like |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by OracleE(m): 11:18pm On Sep 29, 2017 |
kagari: A large market base that is not translating to a continuous paying base is more or less nothing for a profit oriented organization |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by bellyjean(m): 8:47am On Sep 30, 2017 |
I feel for them though. And for those saying this was caused by buahari, NO it wasn't . I also had this business idea, exactly this one, but I didn't know it had been on ground before I even conceived mine. I had sleepless nights trying to develop a sustainable model for this business, trust me I still haven't formulated the ultimate one. The idea is to start first with trust: build an atmosphere of trust, create a culture of integrity and we give the assurance of security. My business wasn't going to be free, but it will be the cheapest you will get anywhere, enough to fuel the driver's vehicle and the benefit of companionship. I didn't plan to compete with transport companies at the start, but with a bigger customer base which we must have built on trust, and integrity, we can easily scale up. But the issue with the Nigerian business atmosphere is that there is a deep rooted trust problem in the society. Nigerians are wicked, conniving and manipulative. A platform like this would be pervaded and infiltrated by kidnappers and ritualists. Even Uber couldn't avoid this. But this is where the funds of your investors come in. I planned to employ customer care and computer guys of all sorts, deploy a tracking app, which enables both the driver and the hiker to check in at intervals throughout the whole journey and of course when each gets to his destination. But this is deeper and more complex than I can pen down here. But we can always seek ideas, employ the best minds and improve on an existing model. And that is one of the issues tech business must seek to overcome if we must be at the fore front of innovation. We must develop a new culture, tradition different from the ones we were brought up with. We must have good experiences that will be ingrained in our minds and of course the future generations that we value lives, we respect every nigerian's unalienable right to life, and that the quest for riches doesn't erode our values and virtues. God help us in this country. |
Re: Gomyway Is Shutting Down Business Operations In Nigeria by Kobicove(m): 11:44am On Sep 30, 2017 |
Never heard of them until now |
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