I've been teaching in a private school for two years, but the money is just too small and never enough this made me think of a business to start...

I got a loan of #500k to start a block industry on a small scale, even though I'm still in fact finding and research stage about the business but I hope to start very soon.

I'm currently not in my town as where I teach is in another state but I planned to set up d block industry in my town.

I planned to resign next week after vacation, I want to tell d owner I won't be resuming with them next term...

Guys do u think this is a good idea.

Thanks

My advice : Think big, start small, start now.


Peace

Hashabiah:
My advice : Think big, start small, start now.


Peace

Thanks

I hope you have enough knowledge on Block business. I wish you the very best of luck

rottable:
I hope you have enough knowledge on Block business. I wish you the very best of luck

I'm currently getting knowledge on it

Think am well well!
Though, having an industry or any profitable business is financially better than any teaching job, especially if you are teaching in a primary or secondary school. But think am well, because for this Buhari regime, 500k be like 50k and it is massively deficient for starting a business.

Ikemefuna44:
Think am well well!
Though, having an industry or any profitable business is financially better than any teaching job, especially if you are teaching in a primary or secondary school. But think am well, because for this Buhari regime, 500k be like 50k and it is massively deficient for starting a business.

Planning to add 100k to it...that should be able to get d machines and other things.... Though I'm still doing more research on it

Well it's nice you thinking outside the box. Those who teach in private schools have little or nothing to show.

You'd be surprised 5-7 years you will still be on a salary scale of 20-30k (thunder fire poverty)

But OP, that money might be small but you can manage to get those manual steel for making blocks, buy storage tanks for water (if you have well close by lucky you).

Meet with those who supplies Sands and cements (u can be selling cements too on a lowkey, u take delivery in small quantities directly from an authorised dealer)


Trust me with time you'd bounce and be proud of yourself.

With the rising cost of cement not advisable, moreover this is raining season before real sales start would take a couple more months.. Eh what do I know

Just quit bro now else you will keep procrastinating till infinity.....

You can play 2 sure odds with 500k and rollover the next day and you'll have more than enough to start.

Quit!!!!!!!


Everything in this life is about taking risk and chances. Take the risk of the block business, if you make it, you'll be happy, if you fail you'll learn so much lessons. Goodluck bro!

The greatest risk in life is failure to take a risk.

all the best

Tiny drops of water makes the ocean what it is
It may be difficult in the short term but you'll enjoy it later with time
Go and soar

Hashabiah:
My advice : Think big, start small, start now.


Peace

Waste of useful space

Q
U
I
T

Francisayo:


I'm currently getting knowledge on it

Resign during the long vacation thats ard july cos by den u would av had enough knowledge abt d business

If you're hardworking AND self driven (meaning you don't need a boss or an employer to push you to work, you can push yourself to work hard on your own), then it's the best decision you could ever take.
Cos in my opinion, any legit business is better than teaching in a private school in a typical town in Nigeria.
And block making could be quite lucrative if sited and managed right.
So it could be the best thing you've ever done for yourself.

But if you're not hardworking, or you need a boss to get yourself to work, you're OYO. In that case, better stick to your teaching job and look for a better job from there.

PS:
Learn very well about the block making before you start it o. If not, you may lament.

Nah eh! No qualms
This is so unsophisticated

Most
Private school teacher
The collect trash as salary

The main reason why every young one
Out there should start taking mushin weed
And start up a bombing career.

Quit the mudafukung job

It's a good choice, but research well about the block industry business.

A good idea. Though you didnt give us an idea of your salary at the school. If the school is on holiday I will advice you delay a little in informing them and watch your business for a month or two. You need feasibility study of the business. Price of cement has been fluctuating. How many blocks per bag? what's block type - 5, 6 or 9 inches? What's the selling price per block and profit margin? You know certain things look good on paper and implementation reveals many drawbacks. Not all blocks may come through. There may be just around 90 percent conversion. The rest are wasted due to human error, rain, animals, etc. Start somewhere, it's much better than teaching!!

Francisayo:
I've been teaching in a private school for two years, but the money is just too small and never enough this made me think of a business to start...

I got a loan of #500k to start a block industry on a small scale, even though I'm still in fact finding and research stage about the business but I hope to start very soon.

I'm currently not in my town as where I teach is in another state but I planned to set up d block industry in my town.

I planned to resign next week after vacation, I want to tell d owner I won't be resuming with them next term...

Guys do u think this is a good idea.

Thanks

it is. pick a location that is developing for the business.

best of luck.

E CHOKE

Ok

Offpoint1:
Just quit bro now else you will keep procrastinating till infinity.....

You can play 2 sure odds with 500k and rollover the next day and you'll have more than enough to start.

lol, you be tuen!

In as much as what you are doing would bring smile on your face and reduce the stress of having to shout untop of your voice with a meagre salary.


I have a school beside my house, and I see how teachers shout untop of their voice with small money, nah there I know say truly their reward is in heaven.

I could remember during my service year too, I nearly died with lesson note, teaching

1. biology from SSS1-3

2. Civic education JSS1- SS3

Social studies JSS1-JSS3.

E no easy, e come choke me self

How much is the salary

Keep the job until the business stabilised.

invest in crypto

Offpoint1:
Just quit bro now else you will keep procrastinating till infinity.....

You can play 2 sure odds with 500k and rollover the next day and you'll have more than enough to start.

Nawa people dey sha .... guy see wetin you advice person go do bet for that matter...you wick sha