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How Old Were You When You Made Your First Million?, And How? - Business (105) - Nairaland

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How To Start An Online Store In Nigeria And Make Your First Million Naira / How Did You Make Your First Million? / How I Made My First Million From The Comfort Of My Home In Two Months. (2) (3) (4)

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Re: How Old Were You When You Made Your First Million?, And How? by 300wayne: 3:10pm On Jun 27
good spirit......u sha should think again about your choice of brand name lol
NnamdiN:
importation plus I went to Mr A, B , C, D and E got prices of their products. Added a reasonable something on top and started an online store for products I didn't own.

Of course it's not as easy as I wrote, as I had an Abraham that made it easy to access those big men to release items on credit. With profits I got my own products which I'm currently working on trademarking them. The next tv or home theater you buy might have NnamdiN as a brand name.

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Kenturkey048(m): 6:33pm On Jun 27
Ugosample:


I disagree

the thread should remain OPEN
.every one here should shine their eyes before parting with money

if you don't, you have yourself to blame

desperation to make money has become something else in Nigeria undecided
you made sense. seriously speaking ..NAIRALAND is filled with nefarious beings.,who makes juicy offers with the soul aim of jobbing...you need shine your eyes....anything importing from China,I use chrisvic jejely...irrespective of their high cost of service...I still dey hustle to stand...so no money to dash anybody.
Re: How Old Were You When You Made Your First Million?, And How? by NnamdiN: 8:24pm On Jun 27
300wayne:
good spirit......u sha should think again about your choice of brand name lol
thanks man. Working on something better grin grin

1 Like 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Kenneth10110(m): 11:04pm On Jun 27
Halifaxguy:
I'm in my early thirties, I make more than 1.2 million naira every month. But I feel the money is not enough for me due to my extravagant lifestyles. I wish I can cut down on some of my lifestyles. Btw, I am Full Stack Web Developer, plus I have a skill in digital analytics using (Google Analytics).


Can you contact me i have a offer my num is 09056883481
Re: How Old Were You When You Made Your First Million?, And How? by pinkyruledworld(m): 10:48pm On Jun 30
The10thMan:


Yes they are soft copies. I have them in a folder called 'wealth creation and financial intelligence'.

Yes I can send them to you based on google's attachment limitations.
would love to get this too
Re: How Old Were You When You Made Your First Million?, And How? by Soul47(m): 10:06am On Jul 01
Made my first million at 19 from MMM.

Quite funny. It didn't feel like a million at all, maybe cause it was 2016 where inflation made money loose it's value or cause it was without sweat.

2017 made 5m but lost additional 4.3m when the system crashed that same year. I was in a private University then, didn't know much to do with money so I just bought lands.

Now I have graduated it ain't funny. Invested large portion of the money in long term assets, failed to build a steady source of income and currently serving my country and being paid #19,800. Seems like I grew up fast or got exposed early.

Well... Working on a massive Bitcoin rig, hoping it works out fine.

Happy New Month Everyone.

8 Likes

Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 10:14am On Jul 01
Soul47:
Made my first million at 19 from MMM.

Quite funny. It didn't feel like a million at all, maybe cause it was 2016 where inflation made money loose it's value or cause it was without sweat.

2017 made 5m but lost additional 4.3m when the system crashed that same year. I was in a private University then, didn't know much to do with money so I just bought lands.

Now I have graduated it ain't funny. Invested large portion of the money in long term assets, failed to build a steady source of income and currently serving my country and being paid #19,800. Seems like I grew up fast or got exposed early.

Well... Working on a massive Bitcoin rig, hoping it works out fine.

Happy New Month Everyone.
thank you for sharing

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Ugosample(m): 11:56am On Jul 01
Soul47:
Made my first million at 19 from MMM.

Quite funny. It didn't feel like a million at all, maybe cause it was 2016 where inflation made money loose it's value or cause it was without sweat.

2017 made 5m but lost additional 4.3m when the system crashed that same year. I was in a private University then, didn't know much to do with money so I just bought lands.

Now I have graduated it ain't funny. Invested large portion of the money in long term assets, failed to build a steady source of income and currently serving my country and being paid #19,800. Seems like I grew up fast or got exposed early.

Well... Working on a massive Bitcoin rig, hoping it works out fine.

Happy New Month Everyone.

very nice

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Ugosample(m): 11:57am On Jul 01
TissuePaper:
thank you for sharing
How's everything?
Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 12:09pm On Jul 01
Ugosample:


How's everything?
splendid smiley

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Tzadeola(m): 12:28am On Jul 02
Meklex:
lol. No see. How's your end in the freelance market?
olease can I have your whatsapp number there's something I'd like to ask
Re: How Old Were You When You Made Your First Million?, And How? by Takeproft(m): 6:48am On Jul 06
Kenturkey048:
please i will love to learn this abeg...can you tutor mee please
ok. write me on 09033089849
Re: How Old Were You When You Made Your First Million?, And How? by Takeproft(m): 6:49am On Jul 06
2eggs1goal:

I wan to start trading this stuff how do one start
ok. write me on 09033089849
Re: How Old Were You When You Made Your First Million?, And How? by Takeproft(m): 6:49am On Jul 06
Kenturkey048:
please i will love to learn this abeg...can you tutor mee please
ok. write me on 09033089849
Re: How Old Were You When You Made Your First Million?, And How? by lekbel09: 12:41pm On Jul 06
mysticgal:

I want to learn dropshipping.please would you teach me? I am willing to learn. please don't say no. embarassed
hello have u been able to learn dropshipping
Re: How Old Were You When You Made Your First Million?, And How? by zeestone99(m): 1:14pm On Jul 06
Elamin21:
pls guys I need help, I want to learn something so that I can be free from poverty. I will be 26 next month, yet haven't made even a 100k once pls help

There is a solar/inverter installation training with lots of field experience coming up in two weeks time. You can add the skill and make some money, if you are smart, you will grow a company.

Training fee is 50k plus basic tools and materials.

Send email with subject training to info@mazinegroup.com

Or call/whatapp 08117398294 for registration.
Re: How Old Were You When You Made Your First Million?, And How? by AngelicBeing: 11:29am On Jul 08
MrCuteking:
It was this thread that almost destroyed my life.
This useless thread that is full of proud and terrible scammers.

It was this same thread I met that useless Funnynation who told me how he started making millions in importation.

We joined him on whatsapp last year he now scammed us around 3+ millions.

God will punish those who come here to lie in the name of scamming people.

May their souls never rest in peace.

I also met those useless thieves called Hugo Diamonds who scammed me after I paid them money for shipping my goods from China to Nigeria.

I have almost thought of suicide because of this two godforsaken pieces of annoying hell of human beings.

I want to plead with the moderators to close down this thread.

It has caused more harm than good. Please close this useless thread.

And if you see this two thieves. Tell them many people wish them dead when caught.
Chai, that is why you have to be very careful online, so many fake criminals looking for gullible people to devour sad

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Predstan: 11:31am On Jul 08
AngelicBeing:
Chai, that is why you have to be very careful online, so many fake criminals looking for gullible people to devour sad

Lol. U found it before I could send the link

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by AngelicBeing: 11:35am On Jul 08
Predstan:


Lol. U found it before I could send the link
Hahaha, yes, nawao grin
Re: How Old Were You When You Made Your First Million?, And How? by Dwayne22(m): 9:00am On Jul 10
Don't tell me he is yet to refund that investment money upon all the stories and you guys did nothing with the informations?

MrCuteking:
It was this thread that almost destroyed my life.
This useless thread that is full of proud and terrible scammers.

It was this same thread I met that useless Funnynation who told me how he started making millions in importation.

We joined him on whatsapp last year he now scammed us around 3+ millions.

God will punish those who come here to lie in the name of scamming people.

May their souls never rest in peace.

I also met those useless thieves called Hugo Diamonds who scammed me after I paid them money for shipping my goods from China to Nigeria.

I have almost thought of suicide because of this two godforsaken pieces of annoying hell of human beings.

I want to plead with the moderators to close down this thread.

It has caused more harm than good. Please close this useless thread.

And if you see this two thieves. Tell them many people wish them dead when caught.
Re: How Old Were You When You Made Your First Million?, And How? by inestimable01: 12:23am On Jul 25
Mystic1:
Op I'm really sorry about the ruckus and derailment my request must have caused. I didn't know the turn up will be massive enough to cause disruption.
For those who left their email, I've taken them down and would email you soon, you can either edit or delete as you dim fit. Thank you




Still include bro
ctonia6@gmail.com
Re: How Old Were You When You Made Your First Million?, And How? by sheDD(m): 3:18am On Aug 05
Mariangeles:
Mini exportation ...I've gotten your number
pls I'm interested in the mini exportation
Here is my WhatsApp number sir
08147566885, help a brother
Re: How Old Were You When You Made Your First Million?, And How? by sheDD(m): 9:44pm On Aug 05
Nyxx123:
[Sir, I read this and am totally awed by your story, I saw you emphasized on financial intelligence, pls can you help me with the soft copies of these books. This is my email : onichee1@gmail.com. thank you
author=The10thMan post=73085566]I Was 26.

Graduated school in 2004. Just before graduation, my mother had advised/suggested that I learn a vocation. ''Handwork'' as she calls it. But for reasons I cannot recall, I did not. A resourceful woman that she is. She knew that a craft or skill could always put food on the table when the chips are down with respect to a graduate's certificate. During NYSC, I taught in a remote village and learnt French. With respect to entrepreneurship, I only thought of buying cheap food stuff and sending to my home state. But I never pulled this through. Eventually, (both during and after NYSC) I choose to apply for various jobs. Any that was available. I needed seed capital for my dream. I recall trekking Trans Amadi Industrial Area in PH dropping CVs to companies. Many oil and gas servicing firms were there. Out of desperation,I even went to Primary and Secondary Schools to look for teaching jobs. Come see their shakara untop my 4.01 Second Class Upper. cheesy But I couldn't be bothered. I knew I needed to get a job first, then raise seed capital even if I wanted to start a business. Background was humble and family was just managing. Wrote various aptitude tests for banks like Intercontinental, other banks, Freisland, Diageo, LNG, etc. And another test with an Oil and Gas Agency. The first job I landed was with a bank. Old Generation Bank still existing today. Got a job as a Banking Assistant-Graduate Trainee. Went to Lagos for 1 month training and was posted to the Eastern Part of Nigeria. While in the bank in 2007, the Oil and Gas Agency finally called. Their recruitment took super long. Left/dumped the bank like crazy. Resigned without thinking twice. Salary in the Bank was 59,000 monthly back then. One of the lowest paying.

In my new job, housing allowance was 1.6 Million annually. Salary about 200k monthly. Not to mention hazard, offshore, etc. allowances. I was 26. I recall I called up my friends in the bank and jokingly told them they are all small boys.. grin grin grin grin. Teasing them and telling them how if I wanted to I could buy a car every year. By God's grace, Finances have never gone below 1 million naira. Savings alone with Work Staff Cooperative Society is multiple millions. ONE IMPORTANT THING IS I KEEP MY LIABILITIES AND EXPENSES LOW and still do. Never believed in the ''I need to upgrade so people know I have arrived'' mentality. I dont need any man or fine girl to see me as ''A Big Boy''. I successively acquired 4 properties. 2 Lagos and 2 back home. Built first house in Lagos. Added two shops to the front section. Completed and rented all flats and shops out. I still live in a rented apartment. It is cheaper for me to stay there than in my house.

Eventually, those with financial intelligence know that, money in the bank and dormant salary/income doesn't bring returns. Money is a messenger and money doesn't like being idle. You need to send it on good errands to bring more money, and the cycle continues. Also, there is time value of money and money depreciates. With all these at the back of my mind, I urgently needed to transfer a lot of my finances into assets that will generate income. This is still my biggest challenge today. How to identify good investment opportunities. Additionally, as Warren Buffet said If you don't find a way to make money while you sleep, you will work until you die. . There was need to invest in passive income businesses.

I have focused greatly on developing my skills and developing myself professionally in my area of expertise/discipline. I eventually set up a Consulting Firm/Company in my area of expertise with freelance workers. I read a lot, pay for courses myself. I do not always wait for my organisation to train me. All these coupled with work sponsored courses ensured I knew my onions in my field. I love to read about wealth creation and financial intelligence. I have a crazy collection of over 20 books. Kiyosaki, Trump, Napoleon Hill, etc. and I love watching Grant Cardone, Tai Lopez, etc. on Youtube at my spare time just for encouragement. My job is still there by Gods grace and I am rising through the ranks. Consulting firm is growing strong. Now Consult for both Upstream and Downstream Companies. Trying my best to brand the company with a good website, good brand image, modernized logo, etc.

Currently, I have the desire to open a conglomerate to diversify to various sectors. Picture Dangote Group. Called up a lawyer for advice. I intend to go into a lot of business ventures. Recently, I realized that needed daily revenue. No need to wait till end of month for pay or wait till companies pay for contracts executed. Some companies can owe you for ages on completed jobs. My Consulting brings money but you have to chase contracts and bids etc. Plus, contracts dont come easy. Also, price war between contractors drives down profit margins a lot. So, currently planning to open a Mini Plaza with a lounge anywhere after Ajah Axis in Lagos. Searching for property currently. Need something with daily returns so the idea that I should open my own Lounge/Bar/Cafe with a small plaza for sharwama,asuun,nkwobi, fried potatoes etc.I have always pictured myself closing from work and going to handle my business at the Lounge. Watch customers eat, drink, chat, laugh and merry. That is my next project. Also, intend to follow Grant Cardone's idea-''build multi-family dwelling housing in a property instead of a single family unit''. So picture 1 bedroom self-cons instead of a gigantic big duplex. With the multi dwelling units you are sure of some rent. Intend to do this with the other land in Lagos.


ONE BIG MISTAKE I MADE WAS NOT LISTENING TO MY LATE MUM. Like I hinted, she practically forces all her kids to learn a vocation/a skill regardless of how highly educated you are.All my sisters can sew, cook, bake, make soap, grill fish etc. Personally, she wanted me to learn Welding and Fabrication. Perhaps, I felt I was too educated for it or something, but I never did. Perhaps by now I would have been constructing Sky scrappers and handling huge projects with my current knowledge and exposure.

Taken liberty to post a few diagrams to educate people in a glimpse about financial intelligence. How the rich use income to create assets that generate more income. And how the poor use income to create liabilities that keeps them poor. The poor spend money on liabilities. To them that is ''enjoying'' life. The rich spend on assets. These assets are GOODS,SERVICES, PROCESSES that can solve human/society's problems. In Economics, this is called UTILITY or VALUE. Utility can be TIME UTILITY (You help people save time), and/or FORM UTILITY (You produce something in a way people want it) and/or PLACE UTILITY (You bring something closer to people so they easily reach it). Humans naturally want value and so they take decisions on any thing that will give them least risk, least effort, cost them less time and highest value/less money. The wealthy and wealth creators realize this and do not really focus on the money but focus on solving problems (creating utility) which people are willing to pay them money for. The rich get seed capital, invest it to create wealth. The poor/managing get seed capital and buy liabilities that even put them into more debt.

THE WHOLE WORLD NEEDS FINANCIAL INTELLIGENCE AND THE PRINCIPLES OF FINANCIAL INTELLIGENCE SHOULD BE TAUGHT IN SCHOOLS.

All in All I am GRATEFUL.
Brize
Yes! That ur widest dream
Yeah u remember !!

Is someone's else reality
Is life not funny!!

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by merit4: 3:20am On Aug 06
I hit my million through organic and promixing of body cream training. Its a money making machine for those inclined. We all want to look good. I organised an online training and I was able to get 20 people that paid me 50k each. Cream mixing business is highly lucrative, because just one satified customer can bring u 10 referals. I encourage you mothers, students and housewives to key into this trending business. Anything that is worth doing is worth doing well, get proper training so that the journey will be easy.
Re: How Old Were You When You Made Your First Million?, And How? by bitcoinmama(f): 4:26am On Aug 06
You mean this whatsapp training we all know for 50k?


merit4:
I hit my million through organic and promixing of body cream training. Its a money making machine for those inclined. We all want to look good. I organised an online training and I was able to get 20 people that paid me 50k each. Cream mixing business is highly lucrative, because just one satified customer can bring u 10 referals. I encourage you mothers, students and housewives to key into this trending business. Anything that is worth doing is worth doing well, get proper training so that the journey will be easy.

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by merit4: 11:56am On Aug 06
Yes...its real training on my product. The cheap training everybody does is eBook training and the product may not work effectively. The 50k training is like u going for physical training, everything I will teach u in physical training will be thought online, following specific instructions. People rush it because physical training is like 200k
Re: How Old Were You When You Made Your First Million?, And How? by Jerie(m): 6:30am On Aug 12
When this thread was opened, I read through it, didn't have a dime. I had been working in a place in Lagos for 5 years, earning 60k per month and never made a single million for myself. After reading, I decided to leave my job in December 2018 and launch out on my own. If I perish, so be it. I called up those who knew me and told them I was on my own.

The turnaround was phenomenal. I made my former annual salary in 2 months. Between January and July 1, I made over 4.5M. Fixed up lots of things with 1.5 and put 2.5 in various investments. Presently out of cash but I'm not broke. More business would definitely come.

7 Likes

Re: How Old Were You When You Made Your First Million?, And How? by futurism: 7:36am On Aug 12
Jerie:
When this thread was opened, I read through it, didn't have a dime. I had been working in a place in Lagos for 5 years, earning 60k per month and never made a single million for myself. After reading, I decided to leave my job in December 2018 and launch out on my own. If I perish, so be it. I called up those who knew me and told them I was on my own.

The turnaround was phenomenal. I made my former annual salary in 2 months. Between January and July 1, I made over 4.5M. Fixed up lots of things with 1.5 and put 2.5 in various investments. Presently out of cash but I'm not broke. More business would definitely come.
Awesome bro. Awesome. So what business did you go into?
Re: How Old Were You When You Made Your First Million?, And How? by Jerie(m): 10:14am On Aug 12
futurism:

Awesome bro. Awesome. So what business did you go into?

Thanks bro, it's real Estate.

Other agents sell for real estate companies and act as agents. What I do is that I get budgets from clients and source affordable properties with good title. It's hard but gives rest of mind.

I get property buyers through a website online and send them messages. Once they know you're working at giving them good title within their budget, they'll be interested.

2 Likes

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