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How Old Were You When You Made Your First Million?, And How? - Business - Nairaland

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How Old Were You When You Made Your First Million?, And How? by TissuePaper: 11:37am On Nov 18
Hello fellow nairalanders and business men, I was at the verge of making my first million naira early this year but I got carried away by the euphoria and made some bad investments which later backfired and left me bankrupt... However, I'm recuperating now, and I just wanted to know at what age you guys made your first million naira and how you did it or the investments you made.

This is just to serve as a motivation to our young and upcoming brothers and sisters still in the labor market struggling to make ends meet.

Thanks

122 Likes 16 Shares

Re: How Old Were You When You Made Your First Million?, And How? by phorget(m): 11:45am On Nov 18
Hmmm! I'm speechless though.

17 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by BiafranBushBoy: 11:47am On Nov 18
25.

It didn't come once...

But those little babies made by several investments paid off...

I play safe, which made my financial babies come in little by little.

But after expansion, it was easy going from 1 to 2.

100 Likes 6 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 11:48am On Nov 18
phorget:
Hmmm! I'm speechless though.
lol, why so?
Re: How Old Were You When You Made Your First Million?, And How? by TITOBIGZ(m): 11:50am On Nov 18
9months. grin

coz my mama talk am say it was like she was given a million Gandujedollars when she had me. tongue

139 Likes 10 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 11:51am On Nov 18
BiafranBushBoy:
25.

It didn't come once...

But those little babies made by several investments paid off...

I play safe, which made my financial babies come in little by little.

But after expansion, it was easy going from 1 to 2.
interesting, can you share one or two of the investments you made before you made those babies ?

14 Likes

Re: How Old Were You When You Made Your First Million?, And How? by alexistaiwo: 11:52am On Nov 18
19

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Re: How Old Were You When You Made Your First Million?, And How? by phorget(m): 11:54am On Nov 18
TissuePaper:
lol, why so?
.

Still struggling to eat three square meal in a day,someone is here asking how old I was when I first made a million. Still praying to God to pick my call anyway.

379 Likes 17 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 11:56am On Nov 18
alexistaiwo:
19


wow, how did you do it bro

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 11:58am On Nov 18
TITOBIGZ:
9months. grin

coz my mama talk am say it was like she was given a million Gandujedollars when she had me. tongue
that means technically it was your mum that made the millions.. not you tongue

44 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by IrokoOluwere: 11:58am On Nov 18
TissuePaper:
Hello fellow nairalanders and business men, I was at the verge of making my first million naira early this year but I got carried away by the euphoria and made some bad investments which later backfired and left me bankrupt... However, I'm recuperating now, and I just wanted to know at what age you guys made your first million naira and how you did it or the investments you made.

This is just to serve as a motivation to our young and upcoming brothers and sisters still in the labor market struggling to make ends meet.

Thanks

Cc. Lalasticlala Dominique Puskin mynd44
You said you were on the verge of making your first million .
You too . Tell us what business you were doing then .
And what bad investments did you do too?

209 Likes 11 Shares

Re: How Old Were You When You Made Your First Million?, And How? by alexistaiwo: 12:07pm On Nov 18
Won a sub contract to supply exercise books to Rochas Foundation.

TissuePaper:
wow, how did you do it bro

55 Likes 7 Shares

Re: How Old Were You When You Made Your First Million?, And How? by alexistaiwo: 12:08pm On Nov 18
He thought football bet is a viable source of income cheesy

IrokoOluwere:
You said you were on the verge of making your first million . You too . Tell us what business you were doing then . And what bad investments did you do too?

58 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:10pm On Nov 18
Made my first million at 25,doing dropshipping of mobile phones from aliexpress,my biggest hurdle at first was how I could make payments and how i could get lots of clients.

124 Likes 14 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:12pm On Nov 18
IrokoOluwere:

You said you were on the verge of making your first million .
You too . Tell us what business you were doing then .
And what bad investments did you do too?
hmm okay then, tho mine is not really something I'll advice anyone to go into, it was the foreign exchange and sports analysis market. (very volatile)

I started with about 20k as capital and then grew it so much that I even began to question myself...i was really that good but then as is always the case I decided to leave my comfort zone (usual technique and strategy) to try out something new... This was the beginning of my downfall.

61 Likes 3 Shares

Re: How Old Were You When You Made Your First Million?, And How? by grateful236(m): 12:12pm On Nov 18
20. From Ponzi smiley

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Re: How Old Were You When You Made Your First Million?, And How? by tugrow(m): 12:15pm On Nov 18
phorget:
.

Still struggling to eat three square meal in a day,someone is here asking how old I was when I first made a million. Still praying to God to pick my call anyway.
bro life is not a competition, use your brain and restrategize, you will make it stay around positive people

105 Likes 5 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:18pm On Nov 18
Raysolo:
Made my first million at 25,doing dropshipping of mobile phones from aliexpress,my biggest hurdle at first was how I could make payments and I could get lots of clients.
like how much capital did you start it with?

6 Likes 3 Shares

Re: How Old Were You When You Made Your First Million?, And How? by BiafranBushBoy: 12:29pm On Nov 18
TissuePaper:
interesting, can you share one or two of the investments you made before you made those babies ?

You wanna hear some lazy man investments?

Smiles... No...

First I started with affiliate marketing... I set it up while working full time. It took over a year to make $50.

The aim is to keep expenses to the barest minimum while working hard.

Once it started gaining traction. I veered off into blogging and started selling information products.

It wasn't hard to start earning $600 monthly.

I dived into Amazon kindle publishing...

End result was that within 6 months just clocking 25, I was there...

Then I already gain traction. Everything is now automated...

I still kept my 7 - 4 job.

The aim is to keep expenses very low. Do away liabilities like phones, shoes and new clothes and reinvest profit

I don't have any liquid assets, I love making my profits myself and saving the others.

167 Likes 9 Shares

Re: How Old Were You When You Made Your First Million?, And How? by NnamdiN: 12:29pm On Nov 18
23/24...
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:32pm On Nov 18
TissuePaper:
like how much capital did you start it with?
I started with 20k,My elder brother mentored me about the biz

8 Likes

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:38pm On Nov 18
BiafranBushBoy:


You wanna hear some lazy man investments?

Smiles... No...

First I started with affiliate marketing... I set it up while working full time. It took over a year to make $50.

The aim is to keep expenses to the barest minimum while working hard.

Once it started gaining traction. I veered off into blogging and started selling information products.

It wasn't hard to start earning $600 monthly.

I dived into Amazon kindle publishing...

End result was that within 6 months just clocking 25, I was there...

Then I already gain traction. Everything is now automated...

I still kept my 7 - 4 job.

The aim is to keep expenses very low. Do away liabilities like phones, shoes and new clothes and reinvest profit

I don't have any liquid assets, I love making my profits myself and saving the others.
wow you really worked your way to the top bro, thumbs up

46 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:39pm On Nov 18
NnamdiN:
23/24...
mind telling us how you did it?

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:42pm On Nov 18
Raysolo:
I started with 20k,My elder brother mentored me about the biz
i guess he's also a millionaire
Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:46pm On Nov 18
alexistaiwo:
Won a sub contract to supply exercise books to Rochas Foundation.


so are you still one?

3 Likes

Re: How Old Were You When You Made Your First Million?, And How? by alexistaiwo: 12:48pm On Nov 18
In assets, yes but in cash at hand, no.

Take your pick.
TissuePaper:
so are you still one?

11 Likes

Re: How Old Were You When You Made Your First Million?, And How? by FRoosevelt: 12:51pm On Nov 18
Well, I made my first milla indirectly sort of. I had up to 5 juicy scholarships while in school, which totalled up to 750k per annum.

I didn't really depend so much on the cash though so I had much of it saved away in my accounts.

After about 3 consecutive years in school, I had a net balance of a mill plus.

I guess I got paid for studying. smiley

226 Likes 12 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 1:01pm On Nov 18
FRoosevelt:
Well, I made my first milla indirectly sort of. I had up to 5 juicy scholarships while in school, which totalled up to 750k per annum.

I didn't really depend so much on the cash though so I had much of it saved away in my accounts.

After about 3 consecutive years in school, I had a net balance of a mill plus.

I guess I got paid for studying. smiley
lucky bastard tongue

199 Likes 8 Shares

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 1:06pm On Nov 18
Lalasticlala Dominique
Re: How Old Were You When You Made Your First Million?, And How? by phorget(m): 1:09pm On Nov 18
tugrow:
bro life is not a competition, use your brain and restrategize, you will make it stay around positive people

True talk bro, been trying a lot but seems people are not really ready to tell u what they know. Still willing to spread my tentacles though,just hoping for the best.

14 Likes 3 Shares

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