ademoladeji:


Wetin you get?

Thank you for that question.

prettyboi1989:
mehn the woman spent the money in the wrong way. 120k ontop shop? m like really? she should have spent a bulk of the money on items/products she can sell and then use the proceeds to later get her own shop.

nize point..u deserve a diamond medal.

OkoYiboz:


The piece of advice I gave can't be bought with money. I'm speaking from experience.

Ok Sir.

VcStunner:
And a bastard poured 11m naira on alcohol and brought it to social media for praises??

You know it was long ago when I suffered hangover, since then I figured how stupid and foolish I have been all along. Using my hard earned cash to buy headache for myself!!
God bless you Don baba J

ever since i can afford to buy any amout of alcohol, i've never been drunk. I have realised that only people who can't afford to buy alcohol anytime they want, they are the ones who drink to kantata any time there is alcohol.

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

No mind them, indomie kids living on mummy and daddy's think running a business in a hostile place like Naija na beans.. What is 250k? let's not even add government fees both real and imagined, plus other overheads.. smh

I admire her drive, but coming back to ask for more money from her benefactor is plainly wrong.

Whoever advised her to spend such an amount on kiosk is plainly evil.

Why would you spend all your capital on interior decor, painting and signpost, only to stock the shop with #300 pure water?

To excel in this business will take a very serious drive... She has already started wrongly!

OkoYiboz:
This is exactly what happens when someone without financial education comes into sudden 'wealth'. Actually, I don't blame her cos she's done pretty well within her limited exposure.

She has built a container in a remote area, far from customers and has ended up with limited funds for the actual confectionery business itself. I think it would have been better if she rented a smaller shop in a more conspicuous place and put the bulk of the capital on the confectioneries itself. Better still. she could also have gotten 2 salespeople to help her sell at designated points based on 'sell and return' or commission basis and reduced her expenditure on rent.

Tantalizers behaved like this woman. They invested their capital and profits in building a skyscraper in V/I known as Kanti Place just by Eko Hotel. The financial pressure of the project sucked life out of Tantalizers restaurant which was their cash cow and made tantalizers the culinary scarecrow that it has become today.

Kudos to her, she needs our support to do better.

I thought I was the only one that reason this way. Kudos bro. This is just the holy truth about business. If you don't follow this , that is , ' don't over invest in fixes assets to the detriment of current asset' u will surely regret your decision , even if you have all the alphas and reverend fathers praying for you. To whom brain is given , common sense is expected. Thanks bro for being my soul brother.

Valindazz:
Wetyn she for use play bet of 3 odds and win.

Bro na so...When ur own come use am find 3 odd

OkoYiboz:
This is exactly what happens when someone without financial education comes into sudden 'wealth'. Actually, I don't blame her cos she's done pretty well within her limited exposure.

She has built a container in a remote area, far from customers and has ended up with limited funds for the actual confectionery business itself. I think it would have been better if she rented a smaller shop in a more conspicuous place and put the bulk of the capital on the confectioneries itself. Better still. she could also have gotten 2 salespeople to help her sell at designated points based on 'sell and return' or commission basis and reduced her expenditure on rent.

Tantalizers behaved like this woman. They invested their capital and profits in building a skyscraper in V/I known as Kanti Place just by Eko Hotel. The financial pressure of the project sucked life out of Tantalizers restaurant which was their cash cow and made tantalizers the culinary scarecrow that it has become today.

Kudos to her, she needs our support to do better.

Mr special adviser where were you when she was planning what to do, now you're here writing epistle of jazzy family. Go sleep jor night Don come

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

No mind some small children that don't know anything about life. They just collect weekly or monthly allowance from their parents and they feel that's what life is about.
Empty heads.

dollyjoy:
All I see is a dark empty store and bags of pure water. Is that all she achieved with 250k

Dear the price of things has escalated in the past One year.. So don't be surprised... 250k is abit big but when it comes to buying the needed ... It won't get you much...

hilaomo:
guy park well!!!That none sense for 250k...i say park well again.

E better to keep quiet when you no get idea about something, or just ask questions.... When you begin dey shout anyhow, people go dey look you like mumu, you hear?

E good for the mumu uglee girl wey first comment. Ntorrr!!!
I too know.... Please, you people should keep quoting her and make the comments harsher...

I actually think she did well because 250k may seen like a lot of money but with inflation, it will hardly get you anywhere. At least with the container, she won't worry about rent and she can now start from there. Satchet water business is very lucrative and will always sell. She is starting somewhere and 250k will not magically change her life dramatically. If she is abplace with less competition then she will definitely thrive. She can get goods on loan and begin there. Looking at it ,it might seem small but if she is driven, it will boost. My neighbour has a container and sells water,drinks tomatoes,pepper and petty stuff but she is making money and training her five kids in school. When you see her shop it looks empty but she is thriving and changes are coming. It starts from the scratch so kudos to her. When she starts getting income then she can expand it.

ElPhoche:

Oga, it is easy to sit there and be analysing anyhow. I remember when my parents wanted to get a container like that for selling motor parts, I know what it cost them. That her own container is small self, unless you want her to get a shop the size of a 'St Louis sugar packet'. Depending on how neat and all, they spent almost 250k alone for that container. And the site where they sell it is still an area where spare parts are sold at Aba. Forget all these our armchair analysis, things are expensive. I just ordered for a friend a Lenovo tab off Konga at 115k, this is a tab I bought around August last year for 68k. My parents paid for their container more than 4-5 years ago, and that container now would not be the same price now.
My point is, she can really eke out a leaving from that place. Don't despise the days of little begining.
Thanks

My brother, I get your point. Your parents went to the Motor spare parts line to get a container. They had more capital than this woman and they were in the location where customers usually come to buy parts.

In this woman's case, she used 120k to make a container, some extra thousands for a show glasses. After all these, she's saying she needs more money for the confectioneries. Which is more important, the snacks or the container? She focused on the container and she's unable to produce d snacks.

I give kudos to her for coming up with this despite her limited resources. Wish I could get her contact let me also send her sumtin small.

SIRmanjar:

Hahahahaha.jot dat garbage u wrote baa?So for ur mind u maka point sha?As long as u aint her salesboy or bizness partner u have no right to type dat piece of crap.

My post is clearly above your IQ, please go back to watching Big brother.

This is awesome and encouraging so our so called celebrities we learn to give the less privilege. Not showing us thier sittingroom and bedroom as if we care

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

They don't know Jack. lol

Stupid and childish Davido bragged about spending N130M last December, whereas his colleagues are doing charity work with their money. That's de difference b/w Men & Boys

OkoYiboz:


My post is clearly above your IQ, please go back to watching Big brother.

Hahahaha I dey watch big brother like dis sef..Mr lecturer go ad watch nta chanel 7 news.

Harkindeylee:
Mr respecter who says i dnt respect her? Who told you I'm doubting what she used the money for?
Go thru my post again and come back with a sensible post to add to what i said... Thanks

U either Goan edit your silly comment of keep ur dirty mouth shut...

Silly kid who doesn't know the value of money...
Eediot

alignacademy:


Kudos to Don Baba Jay!

By the way, how much do you really need to START a business?

If we bear in mind that starting is a PHASE, it can help take off the pressure of trying to get big immediately.

For instance, what if this lady had focussed first on providing mobile catering services to nearby offices and organizations?

That could have gotten her a customer base which will provide the cashflow that will fund further expansion...and she for no lack oil.

Or what do you think?

You are so spot on.
I have an investment plan that will gulp about 15 million but today I invested about 400k in same biz which gives me an average of 3k daily but starting small has given me an idea of how it works.

HazzanTazzan:


U either Goan edit your silly comment of keep ur dirty mouth shut...

Silly kid who doesn't know the value of money...
Eediot

. o
#f

dollyjoy:
All I see is a dark empty store and bags of pure water. Is that all she achieved with 250k

All i see is that you lack vision.

all i see is a poor business sense

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

I was thinking dat the woman was very fo.olish until I read ur comment (and the fellows that liked it).
Someone was given 250k for business, and she used 240k to set up a place for the business. What can she do with 10k? Or is she coming to beg for anoda money? Ole! Barawo!!


And for supporting her, ur own fo.olishness is unquantifiable

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

I was thinking dat the woman was very fo.olish until I read ur comment (and the fellows that liked it).
Someone was given 250k for business, and she used 240k to set up a place for the business. What can she do with 10k? Or is she coming to beg for anoda money? Ole! Barawo!!


And for supporting her, ur own fo.olishness is unquantifiable.

chuksbogus:
Do u know how much it cost to build that container kiosk alone ?

Don't mind the ignorant ones. They don't know that building that stuff, especially when size is put into consideration could be well above 100k

What have you achieved?

dollyjoy:
All I see is a dark empty store and bags of pure water. Is that all she achieved with 250k

Audrinakane:
I actually think she did well because 250k may seen like a lot of money but with inflation, it will hardly get you anywhere. At least with the container, she won't worry about rent and she can now start from there. Satchet water business is very lucrative and will always sell. She is starting somewhere and 250k will not magically change her life dramatically. If she is abplace with less competition then she will definitely thrive. She can get goods on loan and begin there. Looking at it ,it might seem small but if she is driven, it will boost. My neighbour has a container and sells water,drinks tomatoes,pepper and petty stuff but she is making money and training her five kids in school. When you see her shop it looks empty but she is thriving and changes are coming. It starts from the scratch so kudos to her. When she starts getting income then she can expand it.

+1