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How Old Were You When You Made Your First Million?, And How? - Business (125) - Nairaland

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What Business Gave You Your First Million In 2019 / How To Start An Online Store In Nigeria And Make Your First Million Naira / How Did You Make Your First Million? (2) (3) (4)

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Re: How Old Were You When You Made Your First Million?, And How? by TissuePaper: 2:58am On Jan 01
Happy new year guys...this is the millionaire year..I can smell it in the air.

Let's go wink

7 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Dc4life(m): 8:15am On Jan 01
itsmolep:


Basic requirements;

International passport to verify apps

$100 starting capital,

Lemme know when you have that

Hello boss, I’m interested how can I reach you
Re: How Old Were You When You Made Your First Million?, And How? by Zeenarrh: 1:11pm On Jan 20
Hello sir ,I just came across your post and it's quite educating,I'm an economist graduate and would like to make a good connection and ask you few questions



The10thMan:
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. I shall do Healthcare/Pharmaceuticals, Construction, Real Estate,Catering Hospitality and Tourism, Marine, Telecoms, Financial Services, Foods, Entertainment, Mass Communication/Media, Education,Agriculture & Agro-Allied, etc.

Recently, I realized that needed daily revenue and need more income streams. Having A job is an income stream, having a consulting firm is another income stream. But I could do better. No need to wait till end of month for pay/salary 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. All these in mind, I am currently planning to open a Mini Plaza with a lounge anywhere after Ajah Axis in Lagos. Currently, searching for property for this venture. 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/Bar & Restaurant and watch customers eat, drink, chat, laugh and merry. That is my next project and next income stream. A fourth (4th) income stream I am planning is to follow Grant Cardone's idea-''build multi-family dwelling housing in a property instead of a single family unit''. So picture multiple 1 & 2 Bedroom self-cons./apartments 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 and more I intend to acquire in other parts of the world (Yes the World).


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.

7 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by MacMkboy(m): 12:12pm On Feb 01
itsmolep:


Basic requirements;

International passport to verify apps

$100 starting capital,

Lemme know when you have that

Available bro
Re: How Old Were You When You Made Your First Million?, And How? by megafaraday(m): 2:25pm On Feb 01
MacMkboy:


Available bro

I'm interested bro. How can I reach you?
Re: How Old Were You When You Made Your First Million?, And How? by MacMkboy(m): 7:18pm On Feb 01
megafaraday:


I'm interested bro. How can I reach you?
Sup?
Re: How Old Were You When You Made Your First Million?, And How? by megafaraday(m): 7:31am On Feb 02
MacMkboy:

Sup?
Cool! How can I contact you please?
Re: How Old Were You When You Made Your First Million?, And How? by MacMkboy(m): 7:37am On Feb 02
megafaraday:

Cool! How can I contact you please?
Why dya wanna contact me?
Re: How Old Were You When You Made Your First Million?, And How? by FuckHomophobes: 9:48pm On Feb 11
I have been looking for my post here. Finally I crossed the million mark this year. Let me find it fess cheesy

8 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Johnames: 6:57pm On Feb 12
FuckHomophobes:
I have been looking for my post here. Finally I crossed the million mark this year. Let me find it fess cheesy
congratulations!!! bro how did you go about it?

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by FuckHomophobes: 7:55pm On Feb 12
Johnames:
congratulations!!! bro how did you go about it?

Airdrops/Crypto currency wink

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Mumaraoluwa: 4:26pm On Feb 19
Affiliate marketing is the real deal guys, work at the comfort of your home. Watch video for more understanding
https:///lm2xn5ha

Re: How Old Were You When You Made Your First Million?, And How? by adaperry25: 6:06pm On Feb 19
Mumaraoluwa:
Affiliate marketing is the real deal guys, work at the comfort of your home. Watch video for more understanding
https:///lm2xn5ha
all this audio earnings..I'm tired of online schemes

3 Likes

Re: How Old Were You When You Made Your First Million?, And How? by TellMeNothing: 6:12pm On Feb 19
This thread that year grin

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Mumaraoluwa: 7:23pm On Feb 19
adaperry25:
all this audio earnings..I'm tired of online schemes
audio? Look away if you think it's audio.
Let me ask you, did u watch the video?
Re: How Old Were You When You Made Your First Million?, And How? by sircrabo: 9:11am On Feb 27
FuckHomophobes:

Airdrops/Crypto currency wink
Pls how much did you start trading with in Crypto? How long did it take you to increase it to half a million? What platform do you trade on?
Are there any particular coins you trade on?
I am new to crypto, though earning but still learning.
Thanks

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by FuckHomophobes: 5:55pm On Feb 27
sircrabo:


Pls how much did you start trading with in Crypto?
How long did it take you to increase it to half a million?
What platform do you trade on?

Are there any particular coins you trade on?

I am new to crypto, though earning but still learning.

Thanks

I did not start with my personal money. I started with the money gotten from Airdrop . I buy newly listed coin that gives me ×10 or more. Then use the profit to buy established coins that I know would be around in a long while

4 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by sircrabo: 8:57pm On Feb 27
FuckHomophobes:


I did not start with my personal money. I started with the money gotten from Airdrop . I buy newly listed coin that gives me ×10 or more. Then use the profit to buy established coins that I know would be around in a long while

Sorry, but how will one know the coins that has potentials to rise soonest.

where do I find newly listed coins?

Do you use Binance?

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by FuckHomophobes: 1:43pm On Mar 01
sircrabo:


Sorry, but how will one know the coins that has potentials to rise soonest.

where do I find newly listed coins?

Do you use Binance?

I use Binance. Most of these coins don't trade on Binance because it is a centralised exchange (has regulations and all). They trade on decentralised exchanges (No rules and they can run away with your money)

There really isn't a straightforward way to knowing a coin that'll rise soonest but getting into their telegram group and seeing the hype going there might give you a hint.

Where to find those coins? This why it is important to be in the right groups and follow the right people
Re: How Old Were You When You Made Your First Million?, And How? by Upforsex: 7:08pm On Mar 02
nakwe:


n

What’s up? I don’t have access to the email
Re: How Old Were You When You Made Your First Million?, And How? by nakwe(m): 6:09pm On Mar 03
Upforsex:

What’s up? I don’t have access to the email
How can I contact you, do you have an email address I can reach?
Re: How Old Were You When You Made Your First Million?, And How? by Upforsex: 6:31pm On Mar 03
nakwe:

How can I contact you, do you have an email address I can reach?

First why do you need to contact me? Then I will drop either WhatsApp or email
Re: How Old Were You When You Made Your First Million?, And How? by Rastafryrice: 4:45pm On Mar 04
Holler01:

Pls, how can I get this quality keywords... I really need guide Can I dm you
Holler01 can I get your WhatsApp number?
Re: How Old Were You When You Made Your First Million?, And How? by Emmzy201(m): 11:29am On Mar 17
FuckHomophobes:


I did not start with my personal money. I started with the money gotten from Airdrop . I buy newly listed coin that gives me ×10 or more. Then use the profit to buy established coins that I know would be around in a long while

can I pm you boss?
I really need to learn from you
Re: How Old Were You When You Made Your First Million?, And How? by Tais3: 12:17pm On Mar 17
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Re: How Old Were You When You Made Your First Million?, And How? by FuckHomophobes: 6:26am On Mar 18
Emmzy201:


can I pm you boss?
I really need to learn from you

Sure. Mehn I haven't been here in a while now
Re: How Old Were You When You Made Your First Million?, And How? by Emmzy201(m): 8:36am On Mar 18
FuckHomophobes:

Sure. Mehn I haven't been here in a while now
it's not going through this is my WhatsApp number 09075148154
Re: How Old Were You When You Made Your First Million?, And How? by Perfectman91: 7:08pm On Mar 18
mrphysics:
I made my first N1m at age 27. I also made someone a millionaire at same age.

I made First N5m still at age 27.

I made all these on Fiverr, offering freelance writing services

Please bro, can you put me through on this, I'm willing to learn. 0 9 0 69193913 on WhatsApp
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 10:23pm On Mar 18
TenthMan:


Actually, it is supposed to be the online brand of my media company I intend to open. The company will be a part of my conglomerate MacBriggsons Conglomerate Industries Group Incorporated (MacBriggsons CIGI Ltd.)

The Media and Mass Communication arm of this conglomerate is the Trends Media Technology Company (TrendsMediaTechCo). It should have Trends News; Trends Sports; Trends Fashion, Beauty & Lifestyle; Trends Health; Trends Family; Trends Kids; Trends Radio (90 something point whatever); Trends Chronicles/Trends Watch (News Paper); Trends Marketing & Adverts (Bill Boards etc);. This is just one arm of the MacBriggsons Conglomerate.

MacBriggsons CIGI should ultimately be into:

-Education /Training & Human Capacity Development (Nursery, Primary, Secondary Schools and specialized training schools)
-Recreation, Hospitality and Tourism (Hotels, Pubs, Plazas, Bars, Resorts, etc)
-Marine/Shipping Services (Shuttle Services, Cargo Services, Tug Support Services, Oil Field Support Services, Flotels, Work Boats, House Boats, etc)
-Technical Services (Civil, Mechanical, Engineering Works, Energy (Oil, Wind, etc.) Field Services, HSE Engineering and Management Services )
-Commerce/Retailing (Supermarkets, Shops, Malls)
-Energy Exploration, Development, Production and Service Provision (Oil and Gas, Wind, Biofuels, etc)
-Banking, Finance and Insurance
-Pharmaceuticals
-Health and Fitness
-Textile and Fashion
-Beauty and Cosmetics
-Manufacturing of House Hold/Fast Moving Consumer Goods (Foods, drinks, disposables, etc.)
-Mass Communication/Mass Media (TV Stations, Radio Stations, Magazines, Youtube Channels, Bill Boards for Adverts, Bill Board Graphics and printing, etc)
-Telecommunications (own brand of phone and own network)
-Hospitality, Tourism (Hotels, Resorts, Restaurants, Bars, Cafes, Private Parks/Spaces, etc)
-Agriculture, Agro Allied Services (Farms, Commodities Trading, etc)
-Real Estate/Facilities Management (Properties development, management)
-Transportation and Logistics (Marine Shuttle Services, Air, Land, Rail)
-E-commerce
-Minning (granite, gold, copper, etc)
etc.

Each company will be under the MacBriggsons Brand/Conglomerate, but conditions of service, salary, management, etc will be different for each arm of the conglomerate. Each MD for each arm sits at the Conglomerate Board as a member. I am Chairman/CEO. This is the reason Dangote, Chagoury Brothers, etc are my mentors. I have been asking them to tell me who their own mentors are. Hahaha. Typical Structure I envisage is depending on complexities of operations and peculiarities of the business arm: Staff Members, Teams, Units, Supervisors, Managers, Branch, Business Enclave, Sub-Nation (region in a country), Nation, Sub Continental Region, Continental Management, Global HQ.

You may be wondering why I am going into details this much detail when all you said was ''Cool''? This is because I believe strongly in visualization, affirmations and the law of attraction.
hey bro
This post makes me feel high.
Can we connect, I sent you a mail.
Re: How Old Were You When You Made Your First Million?, And How? by Sirk4great247: 6:46am On Mar 19
let me just say the truth have not made even quarter of a million since I was born, and am now 29 years

pls I need help am ready to learn

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Perfectman91: 9:52pm On Mar 20
I'll be back to update this when I clock a million

3 Likes 2 Shares

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