Conner44:


Leave that guy, he knows. He's just trying to pull legs 🦵

But definitely not mine

How does pulling your legs benefit me in anyway?

Conner44:


Let me kuku make it plain for you to read and understand.

I KNOW that YOU KNOW that particular post was intended for me but why you now all of a sudden choose to make all these statements insinuating that you're unaware of what has happened or is happening on this thread is what I am fully yet to understand.

But with time, all hidden things are eventually revealed 😉 have a nice weekend ahead

Maybe you've mistaken me for someone who knows you personally or a psychic who can somehow tell if someone has a personal vendetta against you online without directly addressing you.

Anyway, as I said, everyone knows what they're dealing with internally.

tojahh:


He was actually referring to him., we all know how e dey go, everyone seem to have an underground fight with everyone here. That's how we roll here, no need acting.

If anyone has an issue with me, whether online or offline, and doesn't mention my name while ranting, even though they're clearly targeting me, I see that person as a coward. Honestly, I don't waste my time on such people or their rants. I respect those who are bold enough to confront others directly, no matter the situation.

However, feeling attacked when my name isn't mentioned in any way suggests I have some serious personal issues to deal with.

Anyway, to each their own, as always.

Conner44:


See you, na only when money dey involved we dey see your input for here. See how you've been posting back to back ever since someone dropped cash to be distributed on this thread . . . I sabi say na wetin dey make you happy dey scream THREAD IS ALIVE lol 😆

Pearl abeg do share the money so that this shameless man can crawl back into the hole from whence he emerged

But guy, why do you feel targeted by his comment? I don't believe he referred to your name or anyone specifically, yet you chose to respond.

Isn't that a bit concerning?

Baadal:
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1.150

Omoapena:



😁😁


I never shifted anything, my claim was which financial institution will give loan to customers for more than 24months, and I never mentioned anything like employee or staff and when he said his wife was offered 9m for 5years, he never mentioned it was from his wife work place.

My initial stance was, no financial institution will give first timer for more than 24months, go back and read my first quote.

How does all this even relate to the main subject matter, if una wan argue, make una dey argue base on who brought the argument, y'all will agree with me no financial institution will offer such loan for a customer at that interest rate for more than 24months.

Any further quote on this topic will be respectfully ignored..

Mehn, your love for blind and baseless arguments needs to be studied as a course in Harvard.

Omoapena:





The one that will never believe in your gibberish online,

Since you have shifted it to bank staff, I will still stand that even bank staffs don't get 5% Per annum.
My initial bet was to outside customers but you're shifting it to bank staff which I will still place the bet

And, why do you have to proof to me with an email, let's walk in to any branch of that bank and enquire about it, that's the only way you will get current info.

Omoapena:



It's getting useless to me as well coz you obviously won't stay in one place...


You will keep shifting and drifting to prove your claim.

Stay one place.
😁

To be honest I think you are one shifting ground

From the beginning, he made it clear that his wife could get a loan with a 5% interest rate, spread over five years. It seems like you didn't ask the right questions as regards details of his statement

My cooperative group also offers the same interest rate, but for a one-year term, and it's available to both staff and non-staff. So, it's entirely possible for banks to offer similar terms to their employees.

Una don start this morning

😄 😄

donbrowser:


If you have up to 10-15 million naira. Locate a booming printers' area, set up a printing press there. The only machine that I can bet you most of them don't have is signage machine. Printers outsource this job daily, just get that machine and you can make roughly 90-150k gain daily with it.

PBUY

worst 21st century business idea for a newbie. it comes with high maintenance costs and capital requirements. It can be especially challenging for someone lacking experience or knowledge in that field.

FYI

First data based on statista.com on major causes of road accidents in Nigeria

Second random Google search.

Let us all be data driven, it will end unnecessary arguments

where is your location

Where is your location

izzou:
Just read somewhere that Gazzuzz is dead.

He was one of us here. Any knowledge i have about ehailing, he was part of it.

May God comfort his family and grant him eternal rest.

Yes, he passed away yesterday after battling for two months with injuries sustained in an accident. May his soul rest in peace.

dapotemi:
To those of you still on the FENCE, act now ...For over 3 years I have CONSISTENTLY advocated that driving FULL TIME will lead you no where, pope and his minion had consistently attacked us for it but I know it's no brainer..Get a skill, get education, get a job, up-scale, pray hard, work hard, be family oriented (taking care of your love ones attract some kind of blessing I can't explain), delay gratification ( no club, no olosho, only like-mind friends), be gracious...You want to drive Uber, do it as a side Hussle, to and fro to work solve your fuel and minor home expenses..I used to do it and it works like magic....We were not stingy with how we did it, I bare it all here but the uber-preneuer and those looking for innocent people to use as slave driver attacked us daily..Me wey I know their family history...now that devaluation has eroded the little profit they claimed to make and hunger which is yet to even start sef, you want to blame innocent BAT...The innocent man that told all of us he has no PLAN. Why asking him for his plan?
Today, I'll be a bit busy, it's month end and I have payroll to work on....P and L still not done...scrap-man won't understand this ...Let's all see by 2pm local time ..Hope y'all haters can wait!
4+4 nooni

It seems like you're quite confused, and I can see why some people might criticize your perspective. Many of your statements seem to come from a place of ignorance and bitterness.

Let’s set the record straight:

Driving is a skill, and drivers are human beings who play a crucial role in society, just like those in any other occupation.

I know corporate drivers who earn more than your accounting job—since you mentioned P&L and payroll. According to Payscale.com, the average annual salary of an accountant is ₦1,246,319. There are e-hailing drivers I know who can earn this in just four months.

There are also drivers who are well-educated (even with bachelor’s degrees) and family-oriented, thriving in the e-hailing industry. Some started with a single hire-purchase car and now own more than three vehicles and continue to expand. Isn’t that a form of growth?

Devaluation doesn’t just affect drivers—it affects everyone who earns in naira. Unless your accounting job pays you in USD, you’re impacted too. So stop with the ignorance and bitterness, and enough with comparing full-time driving to a 9-to-5 job.

Yes, driving for long periods has its downsides, but the same can be said for staying in a job for years. I know people who feel trapped and depressed in their 9-to-5 jobs. The beauty of owning or running a business is having control over your time. You can choose when to work and take holidays as you please. That kind of freedom isn’t available in a 9-to-5.

I come from a corporate background and have held top positions (still do), and I tell my drivers, business partners, and other entrepreneurs that I envy them—not for the money they make, but for the time they have for themselves.

Lastly, how many wealthy people do you know who are tied to a 9-to-5 job?

As long as you are happy in your profession, it puts food on your table, and it’s enough to take care of your family and loved ones—you are doing just fine.

Its been a while here

What's been happening?

Seems nothing has changed

dapotemi:


Quite hilarious coming from a driver...

And what is wrong in being a driver?

You really have a problem

Djdamian:
Please how much is Samsung Note 10 screen.

Still needed

Please how much is Samsung Note 10 screen.

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austinceasar:
Crystal clean 2014 Hyundai Accent with Untampered Engine and Gear. AC is Super chilling. *#4.7M*, Abuja Deal🇳🇬


09038687770....try be the first come, so we go fit serve you.

Is this still available?

450K lets deal today if possible

I thought you sold this console already

Morningstarrr:
Good morning bosses and chairmen. I'm using a Peugeot 307. I discovered that the car doesn't hold power in some areas like gnition and central lock. That is, when the vehicle is parked for like 5mims, power will no longer be available on dashboard and doors. But there'll be power in other parts of the vehicle. What could be the cause

Contact a rewire

Pearl1910:


Hmmm...u r in d best position to do well after having such a deep experience, but u japa when the going was about to get better I see ur major problem was hiring bad drivers, and not having someone other than u to manage them. why didn't u continue with d 4 good ones that gave u peace of mind and buildup from there, only hiring with the qualities of these 4 guys? It is well sha...

Let me add a few more points that has helped me over the years.

1. Your driver must have the fear of God. You will know this during ur interaction with the driver except u are also a free soul.

2. Guarantor must be a working class or someone with a very good business.

3. Driver does repairs of upto 10k.

4. Do whatsapp video calls regularly, gone are the days u cant see something if u aren't there.

5. Have ur spare part dealer on speed dial. Nobody else should change part in ur vehicle except at their own cost.

6. Mechanic only collects workmanship and should be available to go to Ajah from Ojodu if the car needs his attention. When driver knows ur mechanic can come anywhere he will not do all those stunts.

7. As much as possible let ur competent mechanic do all the repairs in d car. Not different people touching ur car. So u can track repairs.

8. Any thing that's the fault of the driver he takes responsibility. U beat traffic light, u pass one way, u park where there is no parking, u scratch the car... all that is not my business.

9. With your tracker u can regulate the car not to be overworked.

10. Don't give your car to a driver who doesn't have a place of his own or who sleeps outside and only goes home occasionally.

11. Don't leave ur investment in the hands of an illiterate. He must be enlightened, knowledgeable about driving laws, car maintenance and most likely a graduate or someone with driving experience in the State u reside.

12. Don't waste time to retrieve your car, I have collected my car less than a week after handing it over because I sensed the partnership will be a bad one.

13. When I say contract is cancelled after one week of default without reasonable excuse, I mean it. I will not wait for two weeks talkless of three weeks when u no jazz me.

14. If u have a large fleet of upto 10 cars then its time u hired an assistant or a manager if u aren't in the business at all.

15. After all these, because it is God that blesses the works of our hands, partner with Him and He will teach you to profit. He will preserve your investment in the morning when they go out and in the evening when they come in. He will keep them from trouble and evil. The eyes of enforcement officers, ritualist, kidnappers, armed robbers will not see them. They will always be directed to avoid trouble. Pray regularly and commit your cars into His hands. The watch man watches in vein if the Lord does not watch over the city.

Excellent insights as always.

I also want to thank and appreciate everyone who has contributed meaningfully to this thread, keeping it vibrant with educational and strategic conversations for both veteran and aspiring drivers and investors.

Bless you guys

Brainbox0806:
I've been a member of this forum for some years now, I started from reading for fun then fell in love with the hustle.... so I ventured into the business 3 years ago, all strategies that kick-started the business were derived from here. I hate to fail, hence I always do my DD very well before embarking on any business so I abandoned my personal car at home then bought a big daddy to test the waters, I registered on Uber/Bolt platforms and drove for like 6 months in my free time.



Having gathered enough experience I supposed, I bought four cars (very sound Local used) to start the business, things were going normal then i bought additional 4 to complement my quest for financial freedom via e-hailing. Within the space of seven months I already bought 15 cars all from my savings literally because I couldn't account for where the previous gains were going per se but I was hoping for better days but my hopes kept dashing away.

My goal was to use the cars for a year period then resell all of them before they start falling apart, for example buy a car for 3m, make 1.2m profit in a year, use 200k for revamping, then sell back for 3m

To shorten the story, I was really overwhelmed by the severe headache in the business, ranging from bad drivers, unfaithful mechanic, traffic law enforcement, police and so on. I became a frequent visitor to the police stations and lastma, this was taken toll on my mental & general health, I'm this easy going person but the business changed my personality to a trouble maker kind of, you know that agbero lifestyle, wether someone is looking for my trouble or not I was always on the edge to spill fire, always feeling so edgy, wether they (drivers) are communicating with me in a cool or harsh manners,my words are always fire and full of anger. I became so paranoid, so bitter because those devourers just don't wish me well.

NB: I handled this business all alone, visitation to the guarantors, verification, inspections are all done by me alone, I believe that was the reason I was having a constant breakdown. Then my mechanic started selling my own vehicles parts to me, like removing my coils (even if I put marks on them to differentiate mine) and whenever I'm not on ground selling same coils to my driver's, sabotaging the cars to constantly extort me and the drivers.

I feel worried whenever I see calls from the drivers because they never called for any good reasons, either to have me send money to them for repairs that occurred through sabotaging far away from my location intentionally or to visit the lastma/ police that seized the car. most of the repairs they call for are fakes and it's just to extort me so they can use same foe weekly remittance.

Two cars were totalled while in operation, both are due to drunk drivers. I got a call from a drunk driver around past 12am, he could hardly express himself well on the phone, he mumbled : trailer hit me, i left the car on the road, I shouted Jesus my heart skipped so fast. I asked him to get the car off the road at least, he said he can't because he was afraid of vandalizer not to attack him, then he said: my mummy will buy you another car.. mogbe.. I couldn't sleep well all through the night. By 5am I rushed to the accident scene, car has been removed off the road by the police to the station causing multiple accidents because the drunkard didn't put a c caution or at least put on the hazard lights. I was detained at the police station because two of the cars involved are luxurious ones, drunk driver had bolted and a visit to his house and that of his guarantors wasn't fruitful. It was a messy one for me.

My method of operation: you are to pay 50k for caution fee before giving you the car then subsequent 30k weekly for rental fee, 50/50 repair fee between drivers and owner, any damage incurred by the driver will be fixed by him. Unfortunately some of the damages incurred by my drivers saw to the end of some of the cars, like engine damage caused by driving in the flood, damaged gear box because the driver didn't bother to gauge the oil or due to oil leakage etc.

Only four of the drivers were so responsible,you don't need to call them before payment, the rest you will have to call, threatening them continually before they pay, it was so draining.. One morning, I woke up with irregular heart beat and I said to my self, enough is enough. I accepted that I've failed and I decided to move on, I decided to sell the remaining 13 cars of which almost all of them were in a bad condition due to a constant use or badly used even though we service them monthly. Having decided that I was going to stop the business, I started using the remittance received from the business to repair two cars at a time then sell off, I continued that way until I sold 11, remaining two with a damaged engine parked in my compound. By this way, I incurred little or no loss capital wise but imagine what I would have gained if I had invested the money in bonds or treasury bills.

Insurance (compherensive) was very helpful but they were also overwhelmed by the constant accidents reports and one (mutual benefits) decided not to partner with me any further while other increase their fee.

I won't advise anyone against this business but make sure you are ready physically, mentally before embarking on it. Set out your rules. One of the challenges I faced was to get a car ready n fit for another driver after a failed partnership with a bad driver who would have damaged the car very badly and his caution fee can't afford the repair.

If I have to do this again in year 2024(rental), these are the things to consider:


1. Insure the car ( compherensive)
2. 150k/200kk for caution fee
When caution fee is exhausted, retrieve your car
3. 50k for weekly fee
4. Only have small numbers of fleet you can manage, because you will be vulnerable and easily overwhelmed, one car, one headache
5 don't depend or expect much responsibility from the guarantors, most of them are poor.
6. Select your drivers carefully, some of them are drug addicts, gamblers and womaniser. I've had to retrieve a car from a hotel where the driver lodge with an olosho but refused to pay rent for three weeks.
7. Inspect your car weekly or bi weekly
8. Avoid familiarity with your mechanic, be ready to change him at any time and avoid him buying parts for you to prevent sabotaging, buy your own parts your self.
9. Install tracker to enforce shutdown of the car
10 avoid amateurs/novice drivers, some of them only know how to move the car forward, they don't listen to the car functionality or know the warning signs on the dashboard. A driver knocked my engine because he doesn't know the oil spillage logo on the dashboard

I wish you all the very best

It's great to see investors sharing their experiences about the business. Thank you for your detailed write-up and advice; they were incredibly insightful and helpful.

Doris4ever:


No, I'm not advocating for the owner to handle repairs 100%. That's not even possible in today's economic reality.

What am happy about is the owner showing up and making sure everything is back to normal for the driver.

Some owners will not even bother to ask the driver how he resolved the issue talk less of showing up in person.

They would have used calls and threatening to frustrate the driver's life because Kickstarter stopped working

Unless the business agreement is HP (Hire Purchase), I still find it hard to believe that car owners would neglect and leave everything in the hands of the driver. After all, they are the ones who stand to lose the most in the end.

Omoapena:


Yeah....

He fixed the issues with his money with no contribution from me, infact, I had no experience about car then.

The agreement was he will maintain his car while I pay him 25k weekly as at 2019...


Maintenance doesn't occur frequently like that tho

This is commendable but not realistic for owners with current economic realities.