TUBLEZ:
very confusing people, sane thing to the riders too sometimes, a rider going to surulere from ojota on a 4K fare and rider cut the journey shot at maryland bolt still nack am same 4K 😆 🤣 u think that rider go wan pay 🤔

Exactly my point, this will be causing serious issues between driver and rider.

They need to revert back to normal distance and time calculations...

Gentlechika:
to greatness

Stepping stone to another stone 😂

dapotemi:

Lol in his imagination, even the boy wey kill am no gree leave......

I see what you did there comrade 😂

I swear you bad 😂

I have a vehicle in Akoka, Lagos that I'm looking to partner with an Uber driver with.

I'm looking for someone within Somolu//Yaba/Bariga who would be able to pick me from work at night (about three times weekly)

Please reach out on Whatsapp 08102044716

Djdamian:



To each his own..I won't derail the thread by having this conversation here. You can go to thr property section and ask questions, you can ask why real estate is the next big thing after oil and gas
Thanks

Bros you think it's easy to get a buyer for a house immediately you put it up for sale

These things take time

Omoapena:


But do you also know that the money they would have used to buy that land as at the time you feel it's affordable, if they use it to do business and manage the business well, the return they will get will be higher than the current value of land in same ikoyi...


Imagine if zenith bank owner had used the 20m start up capital in buying land and building a house on it, will that land be valued at the current zenith bank's value?

And also, remember not every land appreciates after many years ...

You just read my mind

A plot land in mowo close to badagry that was bought about 850k three years ago is now valued at 1m50k at most

Just appreciated by 200k after 3 years

Now compare that 200k with the current inflation of this economy


I believe returns on land investment are just overated

Na the person wey inherit land from him papa dey enjoy the dividend pass the papa wey been buy the land initially

tojahh:


Send it our way. You know we know what to do with them. We are a call away sir.

Lol
Na there dem go see you

Much respect bros

dapotemi:


My brother, you're one great bros I respect on this forum because of your decorum...Thank you for sharing this..I am just about hitting 40.
Now we have people who are 20-25 asking passionately how dey can get into d Hussle...The other day, one was asking if he can defer his nysc to quickly make money on Uber; and another one felt if graduate are doing Uber for 5 years, maybe it's not even necessary to go to sch then!!! We have a collective responsibility to teach them right!!!

@ the bolded
Is it?

I think the important schooling phase from kindergarten to secondary level

University education isn't a must
Even most courses offered by higher institutions is even relevant to the economy anymore

That's why I don't blame those graduates that finish and come here to ask about this Uberbolt business


Again most graduates that are employed are in businesses or workplace totally different from their course of study.

Learning a skill is better be it digital skill or handwork

dav1002:


Bros you think it's easy to get a buyer for a house immediately you put it up for sale

These things take time

I'm not suggesting you become a realtor. What I mean is constructing a house for yourself isn't a mistake, whether you rely on active or passive income to do so. Adding more rental units, like additional blocks of flats, is a huge advantage because it generates passive income from rent. The primary asset remains the property itself, and you can also invest in acquiring land if building isn't your immediate plan.

Certainly, you'll need to assess your budget, develop both short-term and long-term plans, and most importantly, seek divine guidance through prayer.

For those that cannot afford an SUV, here's an option for you.

dav1002:


You just read my mind

A plot land in mowo close to badagry that was bought about 850k three years ago is now valued at 1m50k at most

Just appreciated by 200k after 3 years

Now compare that 200k with the current inflation of this economy


I believe returns on land investment are just overated

Na the person wey inherit land from him papa dey enjoy the dividend pass the papa wey been buy the land initially

Especially lands in the ibeju axis. Totally overrated.
I mean look @ the mad traffic gridlock @ Awoyaya and beyond.. 20 -25 million for a plot of land ,that LASG may come back after years and say it was an illegal acquisition.

In 2022, I took some riders to their father's property @ Awoyaya.
Obviously, the man abandoned the property, most of his colleagues built theirs @Magodo phase 2.
The children and the mother were wondering what came upon the man to choose Awoyaya..

To cut the long story, they abandoned me in the traffic to continue their journey on 2 motorbikes to a house worth over 50 million ..
The traffic was horrendous.

DEGREE2466:
For those that cannot afford an SUV, here's an option for you.

White people and modification, see the way he turned pure water car to something enticing

Djdamian:


I'm not suggesting you become a realtor. What I mean is constructing a house for yourself isn't a mistake, whether you rely on active or passive income to do so. Adding more rental units, like additional blocks of flats, is a huge advantage because it generates passive income from rent. The primary asset remains the property itself, and you can also invest in acquiring land if building isn't your immediate plan.

Certainly, you'll need to assess your budget, develop both short-term and long-term plans, and most importantly, seek divine guidance through prayer.

That's your own opinion and view and stop telling someone to stop airing their own opinion on something cox it doesn't align with yours.


You have your own perspective and you can't force it on others...

I will keep saying it that you don't build house on active income coz it won't give you passive income...

You need to understand what passive income is and it's not something you sell once to get money, it is something that gives you money consistently, house rent isn't passive cox it's once in a year, passive is something that either comes daily or monthly and it's not a certain amount, it's something that either goes up or come down daily or monthly.


Sometimes, you make higher and sometimes you make lower....

Don't bank on assets(house) when you're old, you need business that will require little or no management to bank on for your retirement age, if you acquire 5houses without having that business that gives you either daily, weekly or monthly income, you will end up selling the house to eat cox houses depreciates, and rents from those houses won't be enough to sort your bills and other expenditures...




This is a general advise and not doing so well financially doesn't mean someone is senseless.

Some are privileged and some are not.

We are all trying...

Omoapena:


That's your own opinion and view and stop telling someone to stop airing their own opinion on something cox it doesn't align with yours.


You have your own perspective and you can't force it on others...

I will keep saying it that you don't build house on active income coz it won't give you passive income...

You need to understand what passive income is and it's not something you sell once to get money, it is something that gives you money consistently, house rent isn't passive cox it's once in a year, passive is something that either comes daily or monthly and it's not a certain amount, it's something that either goes up or come down daily or monthly.


Sometimes, you make higher and sometimes you make lower....

Lol..
Ok boss

I was explaining my POV and not imposing anything on anyone.

I really hope you understand the meaning of the words you use sometimes tbh

Djdamian:


Lol..
Ok boss

I was explaining my POV and not imposing anything on anyone.

I really hope you understand the meaning of the words you use sometimes tbh

Same as you boss...

Glithronix:

Bolt is confused.
They're trying to satisfy riders by fixing the price for them, whereas, it's not favouring drivers who are the 'soul' of the business.
Indrive is giving bolt sleepless night and imagine someone suffering from insomnia for 3 days wey dey try to solve physics, shey him no go work down rubbish like this?

Much respect, sir.

I think they are Experimenting not confused, the suspension of Acceptance rate has got me back fully working on their platform, and alot of drivers are gradually coming fully back on their platform. By the time they get so many complaints about the fixed price they will look for way to tweak it make it better. Competition from Indrive is really making them to ease alot of things

Omoapena:
Don't bank on assets(house) when you're old, you need business that will require little or no management to bank on for your retirement age, if you acquire 5houses without having that business that gives you either daily, weekly or monthly income, you will end up selling the house to eat cox houses depreciates, and rents from those houses won't be enough to sort your bills and other expenditures...




This is a general advise and not doing so well financially doesn't mean someone is senseless.

Some are privileged and some are not.

We are all trying...

You should understand the difference between passive income and running a business(earned income). It's concerning that you're confusing the two.

At an old age, you seem to think one should focus on business endeavors knowing that running a business in Nigeria is incredibly challenging due to various factors such as government policies, taxation, technological advancements,change in consumer demands, and the need for constant reinvestment to avoid bankruptcy e.t.c.

Let me clarify the disparity between passive and earned income. Passive income primarily stems from investments, activities you're not directly involved in but generate revenue, such as rental income, which you've advised against without factual basis. Earned income, on the other hand, derives from actively running a business or from employment.

Why can't I use my earned income to invest in real estate, such as building rental properties or purchasing land for future development or sale? Real estate investments often appreciate in value, unaffected by depreciation unless due to extreme circumstances like war.

If your assertion about houses depreciating refers to stylistic obsolescence then I agree with you. But this can be addressed through remodeling and restructuring to meet modern demands. Properties can be remodeled or restructured to stay relevant and attractive to tenants or buyers, as seen in areas like Oshodi, Festac, some parts of Ikeja e.t.c

I recommend you delving deeper into investment topics, particularly real estate, as it appears you lack understanding in this area.

TUBLEZ:
This bolt fixed price is not encouraging 😑 rider mistakenly put another address which was like another 15 mins drive to the normal address and the trip still ended same price

This almost cause issue between me and one rider.

She booked VI but the person she wants to go and meet changed the rendezvous to lekki phase 1, I first told the lady that we have to get to the first destination and end trip there while she order me again to new meeting point or I continue the journey straight and she adds a certain amount to the fare cox bolt is now fixed, she refused and said she will pay whatever the ride reads at the end of the trip.

I told her that's okay, since I'm trying to educate you and also trying to avoid problem, I asked her for the fare on the app, she told me 6,600 then I told her that if bolt brings same fare when we get to your new meeting point without going above that, you will add 2k to the fare to make it 8,600 and if it goes beyond the 6,600, I will collect whatever it brings. She agrees and when we got to lekki phase 1, it brought same 6,600 and she added 2k to it...

Assuming she's not an understanding person or I couldn't explain properly for her to understand, that would have caused problem.

Bolt needs to revert back to their old pricing system

Djdamian:


You should understand the difference between passive income and running a business(earned income). It's concerning that you're confusing the two.

At an old age, you seem to think one should focus on business endeavors knowing that running a business in Nigeria is incredibly challenging due to various factors such as government policies, taxation, technological advancements,change in consumer demands, and the need for constant reinvestment to avoid bankruptcy e.t.c.

Let me clarify the disparity between passive and earned income. Passive income primarily stems from investments, activities you're not directly involved in but generate revenue, such as rental income, which you've advised against without factual basis. Earned income, on the other hand, derives from actively running a business or from employment.

Why can't I use my earned income to invest in real estate, such as building rental properties or purchasing land for future development or sale? Real estate investments often appreciate in value, unaffected by depreciation unless due to extreme circumstances like war.

If your assertion about houses depreciating refers to stylistic obsolescence then I agree with you. But this can be addressed through remodeling and restructuring to meet modern demands. Properties can be remodeled or restructured to stay relevant and attractive to tenants or buyers, as seen in areas like Oshodi, Festac, some parts of Ikeja e.t.c

I recommend you delving deeper into investment topics, particularly real estate, as it appears you lack understanding in this area.

Bros, stop trying to mix things up.

I'm not against rental income bros, I said don't delve into making money from house rent as your first investment from your active income, do business first, business can be categorized into many things but do the one you find less intensive for yourself and use the proceeds from that business investment to now build house and rent it out, house is only good to tie money down coz the land will still be valuable to you anytime...


Bros, I was never against building house or house rent bros, but don't build house with your active income until you have business investment then build house from the proceeds of the business investment...


But, a person with vision will not still go ahead to build house from the proceeds, he will think of having branches of same line of business in another location with the proceeds from the first business then after realizing so much money from the branches and all, he can now think of building house for rental....

Omoapena:


Bros, stop trying to mix things up.

I'm not against rental income bros, I said don't delve into making money from house rent as your first investment from your active income, do business first, business can be categorized into many things but do the one you find less intensive for yourself and use the proceeds from that business investment to now build house and rent it out, house is only good to tie money down coz the land will still be valuable to you anytime...

You are the one mixing things up. Engaging in a business activity, as you described, falls under earned income (self employment), doesn't it? You're actively participating in the operations of your business, investing your time, effort, creativity, and finances. Passive income is the other way round.in this instance, money works for you. i have told you to go and learn the difference


For those who care to know,

Let's begin by identifying various investment opportunities that can yield passive income. Here's a list of passive income streams that I know and invested in,you can also list yours so we can understand each other:

1. Agriculture investments
2. Real estate/rental investments
3. Transportation/e-hailing as an investor
4. Stock market/crypto market investments
5. Affiliate marketing/drop shipping (facilitating transactions between buyers and sellers via a website or social media platform)
6. Selling digital products and e-books on platforms like Amazon or eBay
7. Renting out equipment/machinery

Among these options, real estate/rental income stands out as the most secure and stable passive income stream. If your earned income allows, venturing into real estate is highly recommended, as it offers a reliable and stable source of income.

That concludes my discussion on this topic. I'll refrain from further elaboration. I rest my case.

Good afternoon boss in the house,
Please I heard about e-cmr recently, pls is it different from the normal cmr.

Djdamian:

You are the one mixing things up. Engaging in a business activity, as you described, falls under earned income (self employment), doesn't it? You're actively participating in the operations of your business, investing your time, effort, creativity, and finances. Passive income is the other way round.in this instance, money works for you. i have told you to go and learn the difference


For those who care to know,

Let's begin by identifying various investment opportunities that can yield passive income. Here's a list of passive income streams that I know and invested in:

1. Agriculture investments
2. Real estate/rental investments
3. Transportation/e-hailing as an investor
4. Stock market/crypto market investments
5. Affiliate marketing/drop shipping (facilitating transactions between buyers and sellers via a website or social media platform)
6. Selling digital products and e-books on platforms like Amazon or eBay
7. Renting out equipment/machinery

Among these options, real estate/rental income stands out as the most secure and stable passive income stream. If your earned income allows, venturing into real estate is highly recommended, as it offers a reliable and stable source of income.

That concludes my discussion on this topic. I'll refrain from further elaboration. I rest my case.

🤣🤣🤣

Bros
I no dey follow you talk again, you have listed everything....


🤣🤣🤣🤣🤣🤣🤣🤣

GeneralZodd:


I think they are Experimenting not confused, the suspension of Acceptance rate has got me back fully working on their platform, and alot of drivers are gradually coming fully back on their platform. By the time they get so many complaints about the fixed price they will look for way to tweak it make it better. Competition from Indrive is really making them to ease alot of things

@the bold; I never knew bolt had done this. They're on the right track with that.
The introduction of acceptance rate and driver score was actually the reason drivers started complaining, cos it increased the blocking of drivers and forcing drivers to accept unpleasant rides.
If they had heeded to drivers' complaints from that period, they won't be in this mess they found themselves (put themselves, rather).
Drivers are the 'soul' of their company. They should take that.

Much respect, sir.

Gentlelife50:


I do this often, I always have water to stone.

Ahh, you no come open our eyes since abi?

To check vehicle history (Vin check)of any car.

For comprehensive vehicle history report .

https://verifyithq.com/services/vehicle-history-reports/

For Retrieval Of Lost Custom Duty..

https://verifyithq.com/lost-customs-papers/



For Custom Duty Verification .. .
.
https://verifyithq.com/services/customs-duty-verification/
..
..
.
..
.

Djdamian:

You are the one mixing things up. Engaging in a business activity, as you described, falls under earned income (self employment), doesn't it? You're actively participating in the operations of your business, investing your time, effort, creativity, and finances. Passive income is the other way round.in this instance, money works for you. i have told you to go and learn the difference


For those who care to know,

Let's begin by identifying various investment opportunities that can yield passive income. Here's a list of passive income streams that I know and invested in,you can also list yours so we can understand each other:

1. Agriculture investments
2. Real estate/rental investments
3. Transportation/e-hailing as an investor
4. Stock market/crypto market investments
5. Affiliate marketing/drop shipping (facilitating transactions between buyers and sellers via a website or social media platform)
6. Selling digital products and e-books on platforms like Amazon or eBay
7. Renting out equipment/machinery

Among these options, real estate/rental income stands out as the most secure and stable passive income stream. If your earned income allows, venturing into real estate is highly recommended, as it offers a reliable and stable source of income.

That concludes my discussion on this topic. I'll refrain from further elaboration. I rest my case.

You have highlighted everything I wanted to say..You have me as a follower now.
I think you should leave the other dude..
Driving can be draining, mentally!!!

Djdamian:

You are the one mixing things up. Engaging in a business activity, as you described, falls under earned income (self employment), doesn't it? You're actively participating in the operations of your business, investing your time, effort, creativity, and finances. Passive income is the other way round.in this instance, money works for you. i have told you to go and learn the difference


For those who care to know,

Let's begin by identifying various investment opportunities that can yield passive income. Here's a list of passive income streams that I know and invested in,you can also list yours so we can understand each other:

1. Agriculture investments
2. Real estate/rental investments
3. Transportation/e-hailing as an investor
4. Stock market/crypto market investments
5. Affiliate marketing/drop shipping (facilitating transactions between buyers and sellers via a website or social media platform)
6. Selling digital products and e-books on platforms like Amazon or eBay
7. Renting out equipment/machinery

Among these options, real estate/rental income stands out as the most secure and stable passive income stream. If your earned income allows, venturing into real estate is highly recommended, as it offers a reliable and stable source of income.

That concludes my discussion on this topic. I'll refrain from further elaboration. I rest my case.

You keep painting a rosy picture of real estate which is far from reality. First, tenants will not always pay. Some will even drag you to court and waste your time and money. Everytime a tenant leaves, you spend half the rent you receive to renovate the house. There's no guarantee you'll sell the house for profit if you decide to.

That's assuming the lagos state commissioner does not demolish your house before you sell.

Also, you left out fixed income securities. People are just waiting for the DMO to issue long term bonds at current rates so they can lock in.

If you buy a 25 year bond with 50m at around 20%, it will be worth 6.5bn naira at maturity if interests are reinvested and compunded. That's a risk free 13,000% ROR. Goodluck getting it from real estate.

Pls is house how much is oil pump for Corolla 03

Ikorodu man, glithtronix congrats man. Bless up

Barbiturate:
This hustle will change your character if you're not patient and careful! I did the unthinkable and I regret it so badly.

Picked this babe with her make up luggage. She entered and didn't even greet. No issues with that. I greeted and she ignored. No issues still.

Oga, Increase your A/C, I did. Oga, reduce the radio or put it off, I obeyed. She was giving me so much attitude but I still ignored.

Got to her destination, ended trip and showed her the amount(bolt)
She said she can't pay that amount, that the amount wasn't what bolt brought when she ordered.

I said Madam, you will pay me my complete money. She said ok now, make we dey see! I put off my car and got down. She got down too and said she has all the day to wait. I said; Madam, I cannot wait, I have work to do. Pls pay me my money, and let me go. She didn't answer me. She was just using me to make calls.

I just entered my car, started it, then she started shouting that her luggage is in the trunk. Omo, I zoomed off. Entered the next street and parked there. She started calling, crying and begging me that she will pay any amount for her luggage.

I said; Madam, I don't need any amount. Send me my money and I'll come back with your luggage. I sent her my acct and she sent it.

Came back and I quickly dropped her luggage. Entered my car sharply and drove off immediately. She reported me. Bolt blocked me. I sent them a mail explaining what happened. They said next time I should leave the rider and report to them. They unblocked me the next day.

Notwithstanding, I still hate my actions though! That was never my kind of person.

Thumbs up to you. In this Lagos u must match werey with werey sometimes if not, na u go be swegbe.
Don't feel bad, it was a necessary action inother to get your money. She suppose add money for d time wasting, the drive away and the drive back.

Next time report Rider first. Anytime I have a quarrel with Rider I report first, that puts u on the offensive and gives u upper hand.

SlahJoe:
Good day veterans in the house, please I need explanation on rider discount and others as seen in this picture

Rider Discount is all the discounts Bolt has given to Riders that they are reimbursing u back.
Like if u take a trip and its supposed to be 5,000 and Bolt says collect 4,000. Bolt will pay u that shortage of N1,000 as Rider cash Discounts.