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How Igbos Get Rich Hawking Gala + What Governor Fayose Did - Politics - Nairaland

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How Igbos Get Rich Hawking Gala + What Governor Fayose Did by atmstyle: 7:44pm On Mar 05, 2020
Case Study
When Chinedu Okorafor arrived Lagos in 2016 to make it and not to count bridges, he arrived with the following earthly possessions: ₦1,000, two jeans trousers, two shirts and a bagco sack bag.

Inside the bagco sack bag were his toothbrush, comb and a few other personal effects.

But Chinedu Okorafor also carried along with him the Igbo success DNA called Equianoism – a determination to succeed through resourcefulness, inspiration and/or generosity.
Once Chinedu arrived Lagos, he started hawking Gala sausage rolls, popularly known just as gala. It was not a get-rich-quick scheme: he was making a profit of just ₦5 on each gala sold.

Opera News quotes Chinedu as revealing that he used to sell an average of 300 packets of gala daily, thanks to the the huge Mile 2 traffic. He would run after cars, selling them gala.

So, let’s do a little calculation: 300 packets of gala multiplied by the ₦5 profit for each unit adds up to ₦1,500.

That’s how much Chinedu realized daily. So, monthly, Chinedu was raking in about ₦40,000. He wasn’t an office worker, but he was making this in every month!

After 6 months Chinedu became restless to expand his business. After some market research he moved to Oshodi.

That was a masterstroke as he started selling over 10 cartons daily
That was a masterstroke as he started selling over 10 cartons daily. That meant he was now making about ₦150,000 each month!

When Chinedu travelled back to his village for the annual Christmas break , he spoke to many unemployed youths in his village about making an income from selling gala in Lasgidi. Several of them were convinced by his pitch.

In January, he returned to Lagos with 12 young men who were willing to hustle hard in the gala business.

His suppliers, convinced that Chinedu could make them lots of money sold gala sausage rolls to him at wholesale price. Chinedu then resold to his 12 employees with 30% off their supposed profit.

Everyone was happy.
Chinedu would provide these 12 with accommodation and dinner in the early days.

Chinedu chose to continue running after cars in the Lagos heat hawking gala like his recruits instead of settling down in a cosy air-conditioned office.

By the end of 2018, Chinedu’s 12 had become 100 enterprising men and women.

He now makes more than ₦500,000 monthly (around ₦3,000 from each of the recruits under him, that is ₦300,000) plus another ₦250,000 in direct sales from his personal hustle.
Now he has expanded into Pure Bliss wafers, plantain chips and even drinks.

Now A 'Big Man'
Snack and beverage manufacturers now approach him with juicy discounts so he can sell off their products.

His town is happy that one of its sons, though not a government official, has provided means of income for a good number of its sons and daughters.

Ted Talker Robert Neuwirth was right when he said the Igbo apprenticeship system is the world’s largest business incubator.

This is just one example of that gigantic business incubator in action.

A Call For Non-Igbo Governors To Imitate Fayose
Others can learn the Igbo trading model. Then Governor Ayo Fayose once sent some youths from Ekiti State to Onitsha to learn trading from Igbo traders.

This is something other non-Igbo state administrations can do. Not everyone... Read The Last Point

2 Likes

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by ahiboilandgas: 7:53pm On Mar 05, 2020
atmstyle:
Case Study
When Chinedu Okorafor arrived Lagos in 2016 to make it and not to count bridges, he arrived with the following earthly possessions: ₦1,000, two jeans trousers, two shirts and a bagco sack bag.

Inside the bagco sack bag were his toothbrush, comb and a few other personal effects.

But Chinedu Okorafor also carried along with him the Igbo success DNA called Equianoism – a determination to succeed through resourcefulness, inspiration and/or generosity.
Once Chinedu arrived Lagos, he started hawking Gala sausage rolls, popularly known just as gala. It was not a get-rich-quick scheme: he was making a profit of just ₦5 on each gala sold.

Opera News quotes Chinedu as revealing that he used to sell an average of 300 packets of gala daily, thanks to the the huge Mile 2 traffic. He would run after cars, selling them gala.

So, let’s do a little calculation: 300 packets of gala multiplied by the ₦5 profit for each unit adds up to ₦1,500.

That’s how much Chinedu realized daily. So, monthly, Chinedu was raking in about ₦40,000. He wasn’t an office worker, but he was making this in every month!

After 6 months Chinedu became restless to expand his business. After some market research he moved to Oshodi.

That was a masterstroke as he started selling over 10 cartons daily
That was a masterstroke as he started selling over 10 cartons daily. That meant he was now making about ₦150,000 each month!

When Chinedu travelled back to his village for the annual Christmas break , he spoke to many unemployed youths in his village about making an income from selling gala in Lasgidi. Several of them were convinced by his pitch.

In January, he returned to Lagos with 12 young men who were willing to hustle hard in the gala business.

His suppliers, convinced that Chinedu could make them lots of money sold gala sausage rolls to him at wholesale price. Chinedu then resold to his 12 employees with 30% off their supposed profit.

Everyone was happy.
Chinedu would provide these 12 with accommodation and dinner in the early days.

Chinedu chose to continue running after cars in the Lagos heat hawking gala like his recruits instead of settling down in a cosy air-conditioned office.

By the end of 2018, Chinedu’s 12 had become 100 enterprising men and women.

He now makes more than ₦500,000 monthly (around ₦3,000 from each of the recruits under him, that is ₦300,000) plus another ₦250,000 in direct sales from his personal hustle.
Now he has expanded into Pure Bliss wafers, plantain chips and even drinks.

Now A 'Big Man'
Snack and beverage manufacturers now approach him with juicy discounts so he can sell off their products.

His town is happy that one of its sons, though not a government official, has provided means of income for a good number of its sons and daughters.

Ted Talker Robert Neuwirth was right when he said the Igbo apprenticeship system is the world’s largest business incubator.

This is just one example of that gigantic business incubator in action.

A Call For Non-Igbo Governors To Imitate Fayose
Others can learn the Igbo trading model. Then Governor Ayo Fayose once sent some youths from Ekiti State to Onitsha to learn trading from Igbo traders.

This is something other non-Igbo state administrations can do. Not everyone will succeed because not everyone is interested in trading business (some might prefer a cosy office in some big business corporation).

But those who are interested and commited would learn some useful income-generating skills.

Source: https://igbodefender.com/2020/03/05/how-igbos-make-it-hawking-gala-a-case-study/
looks too perfect for a bussiness,no losses , no abscondment ,no non traffic days ,competitions ,public holidays , weekend etc ....we are business people we know the cash flow

6 Likes 1 Share

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Lawgod247: 8:08pm On Mar 05, 2020
Ok
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by jimyjames(m): 8:14pm On Mar 05, 2020
Afonjas will not come and learn, their own is to sit in their brown roofs and shout Igbo blood money, then turn around and kill thier own sisters and mothers , dig thier ancestors graves for money rituals

4 Likes 1 Share

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Sokosuji: 8:33pm On Mar 05, 2020
Hawkers make good money... The very strong among them that can rein in their lust for women,beer etc quickly hit their targets and get into major distributorship within a few years grin


But the suffer ,stress,heartbreak,injury etc no be here

Shout out to our hustling youths.. I make it a point never to haggle with hawkers nor collect change from them no matter the amount

5 Likes 1 Share

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Eagleboney(m): 8:39pm On Mar 05, 2020
hard work pays
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by edoairways: 8:44pm On Mar 05, 2020
Eagleboney:
hard work pays
Has truck pushers been successful?

1 Like

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by mrvitalis(m): 8:46pm On Mar 05, 2020
This is the story of most Igbo business men ...very similar story .....

But we need to now manufacture in the south east ( very important) and sale to Africa ....thats should be our next target

1 Like

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by atmstyle: 8:52pm On Mar 05, 2020
Sokosuji:


Shout out to our hustling youths.. I make it a point never to haggle with hawkers nor collect change from them no matter the amount

Very commendable practice. That way you encourage them. Commendable.

1 Like

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Eagleboney(m): 9:11pm On Mar 05, 2020
edoairways:

Has truck pushers been successful?
some devoted people have made it through truck pushing,

just perseverance is needed
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by edoairways: 9:12pm On Mar 05, 2020
Eagleboney:
some devoted people have made it through truck pushing,

just perseverance is needed
Yeah dis life na wa

1 Like 1 Share

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Sammy07: 9:17pm On Mar 05, 2020
Lol, this OP self...

Must everyone be a trader??

BTW, when the igbo man got to Lagos, where was he sleeping and what is he eating??
Lagos of all places, had it been you mentioned other SW states.
Would have agree, cos things are cheaper here.

Are you telling us he was able to sell all his gala finish everyday

Lol, life doesn't works like that.
Not everyone can be successful through trading.
Even not every Igbos are successful through trading..

Everyone got to discover his/her own talents.

2 Likes

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by atmstyle: 9:19pm On Mar 05, 2020
Sammy07:
Lol, this OP self...

Must everyone be a trader??

BTW, when the igbo man got to Lagos, where was he sleeping and what is he eating??
Lagos of all places, had it been you mentioned other SW states.
Would have agree, cos things are cheaper here.

Are you telling us he was able to sell all his gala finish everyday

Lol, life doesn't works like that.
Not everyone can be successful through trading.
Even not every Igbos are successful through trading..

Everyone got to discover his/her own talents.

The article talks of average. And read the article to the tail end, Bro.

1 Like

Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Sammy07: 9:25pm On Mar 05, 2020
The only thing I admire in Igbos trading here is their ability to draw customers or make money by themselves ..

The person that will sell something to you most times might not be the owner of the shop or apprentice...

He'll just call you and ask if you wanna buy something and he'll make his own price to be a bit higher than the normal price..

If you fall for it (his own profit)

But truth is, one ask to be careful or take along those who have knowledge in what you wanna buy from igbo guys..
Else..... OYO
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Sammy07: 9:29pm On Mar 05, 2020
atmstyle:


The article talks of average. And read the article to the tail end, Bro.

Yes, I read it sir.
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Nobody: 9:32pm On Mar 05, 2020
mrvitalis:
This is the story of most Igbo business men ...very similar story .....

But we need to now manufacture in the south east ( very important) and sale to Africa ....thats should be our next target

Yeah...

Seconded by me...


I have ideas....
Just need implementators
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by atmstyle: 9:33pm On Mar 05, 2020
Sammy07:
The only thing I admire in Igbos trading here is their ability to draw customers or make money by themselves ..

The person that will sell something to you most times might not be the owner of the shop or apprentice...

He'll just call you and ask if you wanna buy something and he'll make his own price to be a bit higher than the normal price..

If you fall for it (his own profit)

But truth is, one ask to be careful or take along those who have knowledge in what you wanna buy from igbo guys..
Else..... OYO



Sir, since the day Adam was banished from the Garden of Eden, man has needed to be careful. Because things have gotten competitive. No more free lunches.

Business is normally about knowing a little something that the other person doesn't know. So, to balance it out, you carry along with you someone who knows some stuff.

That's a good strategy on your part to balance things out.
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Kamanuozuzu: 9:39pm On Mar 05, 2020
mrvitalis:
This is the story of most Igbo business men ...very similar story .....

But we need to now manufacture in the south east ( very important) and sale to Africa ....thats should be our next target

That's why we need Biafra. Makes sense now?
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by atmstyle: 7:31am On Mar 06, 2020
Igbo are ready to sell something in which they make only 50 kobo over and over again till they make a sizable profit.
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by solmus: 7:38am On Mar 06, 2020
jimyjames:
Afonjas will not come and learn, their own is to sit in their brown roofs and shout Igbo blood money, then turn around and kill thier own sisters and mothers , dig thier ancestors graves for money rituals

Ibos are traders , Yorubas are enterprenuers , only if you know the difference
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by OluwaDamilola01: 8:02am On Mar 06, 2020
[s]
solmus:


Ibos are traders , Yorubas are enterprenuers , only if you know the difference
[/s]
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by Sammy07: 8:23am On Mar 06, 2020
atmstyle:


Sir, since the day Adam was thrown out of the Garden of Eden, man has needed to be careful. Because things have gotten competitive. No more free lunches.

Business is normally about knowing a little something that the other person doesn't know. So, to balance it out, you carry along with you someone who knows some stuff.

That's a good strategy on your part to balance things out.

Agreed
Re: How Igbos Get Rich Hawking Gala + What Governor Fayose Did by jimyjames(m): 8:25am On Mar 06, 2020
solmus:


Ibos are traders , Yorubas are enterprenuers , only if you know the difference

Yoruba's are civil servants simple

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