Ymodulus:
Sad truth is this is not a business. Business of this likes do not prompt growth. They kill innovation and growth and eventually death.

Am sorry bro. But in all congratulations

ElSherriff:
Where in your relaxer brain did you not see that he said in his vicinity there is not an exclusive shoe shop?

He has not told you all his strategies because he is a business man and should keep that to himself.

You just wanted to tell us you travelled abroad recently. I know of someone, same Edo State who started a small shop for just inner wears, he has expanded same business to a real time boutique with other branches that his wife manages.

You bloody pumped up kill joy. If you so good in business, these comments would be on a business journal you created not on Seun's plantform. Ozuo elimhin elimhin

Ymodulus:




This business is akin to a day to day kiosk where one opens a mini store and claims he owns a business.

In business of these nature, people will only be happy for you on the first week and second week after then you begin to questions investment and slow pace of sale and on going.

Business of these nature do not spur growth they kill growth and innovation.

I expected O.P to add more to his ideas and promote it. A business where you can't give a projected estimate of where you did be in a certain period of time is not a business.


There are several ways he can reform his business still based on the shoes but now a different idea entirely.


What the O.P just did in all honesty is create another Shop on the streets without solving a problem.....


Some time two months ago while I was at a summit outside the country, a man said Nigerians have tons of entrepreneurs but they all lack one thing.- The ability to tell you what the problem their business are addressing.


If the O.P can state problem is business is addressing and work on this well he can succeed well.


Oh some might say capital is needed. Capital shouldn't be a problem, the idea is.


Thanks

Imagineers:


You are one of the problems of the black race. Shame

Imagineers:


Is there anything wrong in starting small to garner experience? I bet you are not worth more than the shirt you are wearing.

When you want to start swimming, you begin from the shallow end of the river. Rome was not built in a day

maasoap:

According to your own past posts and admission on nairaland, you yourself are still lacking in this department. So, show the guy some love.

Ymodulus:


Truth be told I am actually even look for my first 100k to go into business....

I am a graduate still looking for job. So yes you are right I ain't worth more than the shirt. Would you mind sparing me 2 or more shirts?


Now, big is a subjective word not objective one.

Thanks

Ymodulus:
Sad truth is this is not a business. Business of this likes do not prompt growth. They kill innovation and growth and eventually death.

Am sorry bro. But in all congratulations

ElSherriff:
Where in your relaxer brain did you not see that he said in his vicinity there is not an exclusive shoe shop?

He has not told you all his strategies because he is a business man and should keep that to himself.

You just wanted to tell us you travelled abroad recently. I know of someone, same Edo State who started a small shop for just inner wears, he has expanded same business to a real time boutique with other branches that his wife manages.

You bloody pumped up kill joy. If you so good in business, these comments would be on a business journal you created not on Seun's plantform. Ozuo elimhin elimhin

Ymodulus:


Mr man,

Whatever you want to say. I have said my opinion and view and if you not happy with it, then am sorry go meet someone to kiss sweet melodies into your ears.

Last I checked this is a platform for everyone to make a comment and next time when you want to insult me do it in English and stop giving your tribe a bad name.

This is one of the reasons some people labeled your tribe 5% and show hatred.

Rubbish

Ymodulus:

Yes bro. My past post are not businesses. They are just at moment survival efforts. I learnt the hard way and do not want him to make same hard mistakes I did.

That's truth.

Singapore1:


truth hurts...

the types of business he is doing gives no room for innovation, however i disagree with the idea of not starting small...
i had an idea around last year and i approached a lot of investors ... they were afraid to invest in it.. it was when i started with the little i had and they saw the profit ..that was when they all rushed in ( though it was temporary business )

talking about innovation ..
he can't improve in this type of business except to expand his shop and buy more shoes ..that's all ... but this type of business doesn't have room for innovation

maasoap:

I knew what you meant for the guy, you meant well. Your own way of pushing him. He needs advice, and some encouragement to get him going.
We're cool, just to let you know that some people follow you bumper to bumper.

Imagineers:


Is there anything wrong in starting small to garner experience? I bet you are not worth more than the shirt you are wearing.

When you want to start swimming, you begin from the shallow end of the river. Rome was not built in a day

Singapore1:


truth hurts...

the types of business he is doing gives no room for innovation, however i disagree with the idea of not starting small...
i had an idea around last year and i approached a lot of investors ... they were afraid to invest in it.. it was when i started with the little i had and they saw the profit ..that was when they all rushed in ( though it was temporary business )

talking about innovation ..
he can't improve in this type of business except to expand his shop and buy more shoes ..that's all ... but this type of business doesn't have room for innovation

Ymodulus:
Sad truth is this is not a business. Business of this likes do not prompt growth. They kill innovation and growth and eventually death.

Am sorry bro. But in all congratulations

Ymodulus:


Thank you brother.

[b]You see some people won't understand untill they get to experience things for themselves.


There are two type of people. Those who learn from their experience and those who learn from others experience.

In Nigeria when you tell someone something unpleasing to his / her ears. You are called names.[/b]

Jiang:
well done my guy, forget NYSC, it suckz, also a monumental waste of time, am currently stuck in one village, I can't even go back home to check on my business,cause last time I left I came back & met a query waiting for me. if not because my parents want me to finish dis NYSC stuff, I would have ditched it long ago
This one year will set me back tremendously as I would have being able to triple my profits in that time frame.

Ymodulus:


Thank you brother.

[b]You see some people won't understand untill they get to experience things for themselves.


There are two type of people. Those who learn from their experience and those who learn from others experience.

In Nigeria when you tell someone something unpleasing to his / her ears. You are called names.[/b]

majekdom2:
investors barely invest in startup businesses that do not have traction i.e users or paying customers- revenue. Yes, he has a brand, he can have his own e commerce store or sell on other e commerce stores. He can start producing footwears. Innovation does not necessarily equals growth but improvement will always equal growth.

Ymodulus:




This business is akin to a day to day kiosk where one opens a mini store and claims he owns a business.

In business of these nature, people will only be happy for you on the first week and second week after then you begin to questions investment and slow pace of sale and on going.

Business of these nature do not spur growth they kill growth and innovation.

I expected O.P to add more to his ideas and promote it. A business where you can't give a projected estimate of where you did be in a certain period of time is not a business.


There are several ways he can reform his business still based on the shoes but now a different idea entirely.


What the O.P just did in all honesty is create another Shop on the streets without solving a problem.....


Some time two months ago while I was at a summit outside the country, a man said Nigerians have tons of entrepreneurs but they all lack one thing.- The ability to tell you what the problem their business are addressing.


If the O.P can state problem is business is addressing and work on this well he can succeed well.


Oh some might say capital is needed. Capital shouldn't be a problem, the idea is.


Thanks

majekdom2:
investors barely invest in startup businesses that do not have traction i.e users or paying customers- revenue. Yes, he has a brand, he can have his own e commerce store or sell on other e commerce stores. He can start producing footwears. Innovation does not necessarily equals growth but improvement will always equal growth.

majekdom2:
only fools hate constructive criticism or being scolded. The best businesses have survived treating the harsh feedbacks of customers most important!

Singapore1:

average Nigerian is never hungry for creativity once they are able to feed 3 times daily, they are satisfied

take ELON MUSK for example
he started a company which he later sold to COMPAQ , if it's an african man that is where he would stop and start earning passive income ..

he didnt stop there he went ahead and found where they later merge with PAYPAL and sold for 300 million, that is what i called innovation ..again average african would have stopped, after selling to EBAY ...he took the bull by the horn and created electric cars the first successful business since FORD ..now hyper-lob and SpaceX

i am using elon musk as an example because he is young ....

Ymodulus:
Sad truth is this is not a business. Business of this likes do not prompt growth. They kill innovation and growth and eventually death.

Am sorry bro. But in all congratulations

Ymodulus:


The mistakes we all do today is we still believe in start small and go big. Some of these quotes now are outdated.

It should be start big and go bigger.

He can never go to the likes of Gucci and Zara in that manner. If I will take him serious to the likes of Gucci and Zara then I expect him creating a single shoe, launching seminar, detailed explanation of how the shoe came about, why we should pay so much for it etc.

Standards when high becomes a low after time and are built on. Here he has failed to create such.

Standards starts from the beginning.


Thanks

Imagineers:


Is there anything wrong in starting small to garner experience? I bet you are not worth more than the shirt you are wearing.

When you want to start swimming, you begin from the shallow end of the river. Rome was not built in a day

Maduawuchukwu:


Help me tell am. A successful business is anything that brings in income. As long as the guy gets customers who bring income he has fulfilled his aim. All those Igbo multimillionaires in markets, was it not like this they began?

Singapore1:


exactly what i am saying, but there are some type of foundation you lay that gives room for serious improvement, this is not the type ..
talking about investors i have been there, truth is Nigeria is way way behind in terms of investing in an idea but that doesn't stop us from trying
it shouldn't stop us from being creative ( it didn't stop me )

there are some kind of business that is short-term business, you do it once and for all and gerrout , but seems the op is not planning to leave this kind of business anytime soon which will be very bad for him in the nearest future