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Nairaland Forum / Nairaland / General / Career / Should I Resign My Good Bank Job And Start A Business? (47439 Views)
Should I Resign My Teaching Job And Face My Bike Business Full Time? / Can I Resign In The Bank And Concentrate With The POS Business / Should I Resign From This Job? Pls Help Me (2) (3) (4)
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Re: Should I Resign My Good Bank Job And Start A Business? by Boltonmolt(m): 5:15am On Jun 02, 2020 |
I would advice you do But first u save enough and you link up with the right people, gather money making information and start on the long run its way better than working for someone despite collecting 450. Be wise Am an enthusiast for online deals and with the right mobilization and work the ROI is *10 of your current pay |
Re: Should I Resign My Good Bank Job And Start A Business? by Gerrard59(m): 5:17am On Jun 02, 2020 |
Investnow2017: There are countless businesses that generate half or even his full salary in a month. However, it's not as profit rather as revenue. Which is why my issue with Nigerians when they start a business. There's this notion that the money the business generates in her nascent months is the profit. No! It's the revenue which is not supposed to be eaten rather ploughed back into the business. Before he will begin to see the profits (which he is entitled to eat), it can take up to five years and this dependent on the kind of business. Unfortunately like you stated, he is not specific on important details, so I refrain from going further. 2 Likes |
Re: Should I Resign My Good Bank Job And Start A Business? by nku5: 5:29am On Jun 02, 2020 |
tosinntoyin: Do not. Get a place closer to your new branch. Starting a new business amidst all this economic uncertainty isn't advisable. Besides a business is going to take a lot of your time and effort and to meet up you might find yourself being out as much as you are right now. 1 Like |
Re: Should I Resign My Good Bank Job And Start A Business? by dele2k4(m): 5:37am On Jun 02, 2020 |
My sister quit your job is not the solution at the moment, why don't you get an house help if you don't mind one in a reliable source to cater for your kids and other house chores, secondly try to get an apartment closer to your place of work to make it proximity with this your salary you must be a BO or SBO that means you are a senior banking officer . Setting up a business at this time might be waste of money, time and resources during this lockdown of a thing, try to wait till after this Coronavirus end and plan for a lucrative business that can be easy for you to manage while at work so that you don't just get dupped by a swindler, God bless you. 2 Likes |
Re: Should I Resign My Good Bank Job And Start A Business? by bamasite2: 5:42am On Jun 02, 2020 |
Rebuke the voices of the villages people and start the business together with your job! Don't quit just yet o!! |
Re: Should I Resign My Good Bank Job And Start A Business? by Jacktours: 5:43am On Jun 02, 2020 |
tosinntoyin:safe ur money well and leave the country |
Re: Should I Resign My Good Bank Job And Start A Business? by Person2person(m): 5:44am On Jun 02, 2020 |
2 million is too small to start a business for now. keep saving bro and consult extensively before venturing into any business. 1 Like |
Re: Should I Resign My Good Bank Job And Start A Business? by starpower(m): 5:45am On Jun 02, 2020 |
tosinntoyin:See 2m will finish in a matter of six month. Send your kids to your parent. Business is very risky now and efen6if you have a professional skill you might not have the network to gross 5m per annum. Start paying attention to your bank customers. You discover good niches from there transactions and quietness |
Re: Should I Resign My Good Bank Job And Start A Business? by ibrahim55(m): 5:45am On Jun 02, 2020 |
First off dont quit ur job you will regret u did if u haven't plan on a business , think of a business start that business now that u still have ur job then with time decide on which works for u business or ur job I knw some that works with pchn after he retired he tried his hands on some business after a year he closed those business do u knw y? because he has not been into it business requires years and years of personal experience to succeed so while at ur current job start the business and see how things work out then take the decision take the bold step not now o pls |
Re: Should I Resign My Good Bank Job And Start A Business? by bamasite2: 5:46am On Jun 02, 2020 |
So yourself a favour ma. Please there is an audio book I need you to read that addresses this matter perfectly. It takes it from an anlge I have never heard before. If you don't mind, WhatsApp zerosevenzerothree 4554516. You should finish it in one night and confidently make this decision with enough data to know what you are doing!!! Peace. tosinntoyin: |
Re: Should I Resign My Good Bank Job And Start A Business? by Obidiugwu: 5:57am On Jun 02, 2020 |
Still be doing your work and plan well for any business,I was once in your shoe,save more but never let anyone manage the business for you. For now get a maid then relocate close to ur workplace. Dm us for your different types of high quality male/female Fabrics ,Curtains and beddings at affordable prices. Zero Seven Zero Five Two One One Three Four Zero Five |
Re: Should I Resign My Good Bank Job And Start A Business? by letout: 5:58am On Jun 02, 2020 |
tosinntoyin: Can we partner on an proptech? Google it. If you’re interested then we can talk |
Re: Should I Resign My Good Bank Job And Start A Business? by Wannabenz: 6:07am On Jun 02, 2020 |
If you have up to 2m and have decided to start a business, let that business no cost you up to 1m. Handling your own business is not an easy task. I'd advice you still do that bank job this year bit you can still be making enquiries for the business. |
Re: Should I Resign My Good Bank Job And Start A Business? by Emecunze: 6:09am On Jun 02, 2020 |
Sisijetue: How do one get a skill while working in a bank... Can you also suggest any good skill one can learn!!! |
Re: Should I Resign My Good Bank Job And Start A Business? by sodiamond: 6:09am On Jun 02, 2020 |
There's no business you'll venture into and make good returns that won't stress you more than your job. Relocate simple. 1 Like |
Re: Should I Resign My Good Bank Job And Start A Business? by Nackzy: 6:15am On Jun 02, 2020 |
tosinntoyin:Oga Please Am begging you in the Name of God don't even think of it Do you know what 450 is? Don't try it oo cos God will never Forgive you, keep working there, keep making more money from them, Lee serving huge amount then, start using that money to buy landed properties, there are businesses you can invest your money on and still work in the bank, rather than resign keep your cool and triple your money |
Re: Should I Resign My Good Bank Job And Start A Business? by Nobody: 6:18am On Jun 02, 2020 |
@tosinntoyin Source for a reliable person to stay with your children. And invest your money in the capital market. It's a better way of saving money because it entitles you to a yearly dividend. And get a place closer to your workplace to reside. And every weekend you can always go home to visit your children. |
Re: Should I Resign My Good Bank Job And Start A Business? by kaywhy09(m): 6:25am On Jun 02, 2020 |
I'll rather mind my own business |
Re: Should I Resign My Good Bank Job And Start A Business? by Openbusiness: 6:33am On Jun 02, 2020 |
tosinntoyin:Tosin, tosin, tosin...aw many times did i call you? if you love yourself and your kids, don't quit that job now. 450k per month is not beans. Not many businesses can generate that amount as profit a month. Better start aggressive savings, like 350K a month for the next 2 or 3 years. You will be having over 10 million in your account. That's what you need for now. If you can do it for 5 years, you will have over 17 million. That's when you can be thinking of quitting job and starting your own business. Don't use your own hand to destroy the good opportunity God gave you. Don't let village people enter your head. traffic stress is nothing compared to the stress of doing business. business in nigeria is not a bed of roses, don't let anyone deceive you. the government itself is a shark that hunts small businesses to kill and destroy 24/7. 2 Likes |
Re: Should I Resign My Good Bank Job And Start A Business? by Msbmcn(m): 6:37am On Jun 02, 2020 |
Plz relocate. Your job is also very important. |
Re: Should I Resign My Good Bank Job And Start A Business? by Nobody: 6:39am On Jun 02, 2020 |
Would have said yes, because with that you'd have opened up a vacancy for the unemployed. You can do both however. You don't necessarily have to be at your place of business before it succeeds. An author once wrote "if you have to go to your business daily it's no longer a business it's a job" Speaking of which, you are complaining about being transferred, if it was your own business that' happened to be at the other end of Lagos due to cost of operations or something how would you go about it? The billionaires you hear of today have business interests across the globe and there are also members of board of corporations which could have meetings they would be obligated to be present at they don't complain they just accept the challenge and map out strategies to tackle them. Success doesn't always come easy. So you also have to go hard on it. In conclusion all I see are opporunities lying at your feet. Don't let your thinking hinder you from maximizing them. |
Re: Should I Resign My Good Bank Job And Start A Business? by Joshforeal: 6:45am On Jun 02, 2020 |
tosinntoyin:I can render you professional advisory services. Do send a mail if interested |
Re: Should I Resign My Good Bank Job And Start A Business? by Ten06(m): 6:45am On Jun 02, 2020 |
It won't be easy to start a new business and nurture it to a profitable level with this present covid-5G. Instead look for a way to relocate close to your new office and change your children school. I will not advice you to rush into business under pressure and under unfavorable circumstances 1 Like |
Re: Should I Resign My Good Bank Job And Start A Business? by kolade560: 6:48am On Jun 02, 2020 |
Kenlinks546: how do you know? |
Re: Should I Resign My Good Bank Job And Start A Business? by Buffalo2(m): 6:51am On Jun 02, 2020 |
What happened to ur husband? Let's see that first then I can advice you |
Re: Should I Resign My Good Bank Job And Start A Business? by gwinaB(m): 6:54am On Jun 02, 2020 |
Hello Tosin, I empathize with your situation and provide the simple advise that you should not quit your job. Two million right now is not enough for you to start a business and equally sustain you with the children. If the place is too far, try get a small apartment close to the branch and go to work from there. Do not make the mistake of starting something and entrusting it to someone, they will wreck the business without an iota of care. Invest your 2million savings in money market or any other secured investment while you seek opportunities in your bank for transfer to a better place. The new branch might also present opportunities that you might not have envisaged. Whatever you do, please do not resign. |
Re: Should I Resign My Good Bank Job And Start A Business? by gwinaB(m): 6:55am On Jun 02, 2020 |
Emecunze: In Saturdays and Sundays. |
Re: Should I Resign My Good Bank Job And Start A Business? by kennyp2018: 6:55am On Jun 02, 2020 |
I couldn’t have said more than @tosintoyin. ..I’m a HR professional and an entrepreneur, never resign in a haste for any reason. Have a plan A biz and plan B, start plan A to work and manage it for a year. Make sure u do not invest too many funds to start the biz initially. Have a good biz plan and do scenario plannings All the best |
Re: Should I Resign My Good Bank Job And Start A Business? by Nedsnow(m): 6:56am On Jun 02, 2020 |
Guy!!! They are doing you o. Honestly ! Do you know how many people will kill to get your monthly take home ? Also. You want to start a business with 2 million. 2 million!!! Can you even listen to yourself like this. How much is 2 million? See. Don’t rush yourself Biko. Work and save a lot more. Even if you want to do business, it should be while you are still employed. |
Re: Should I Resign My Good Bank Job And Start A Business? by crafteck(m): 6:57am On Jun 02, 2020 |
How can u have just 2m and think of leaving the job, just 4 months salary.... Beta get apt close to ur work. Save like 10m before you can be in position to talk of quitting |
Re: Should I Resign My Good Bank Job And Start A Business? by Scetrocom: 6:58am On Jun 02, 2020 |
FivePeas: This is the best advice. Please follow it to the letter. |
Re: Should I Resign My Good Bank Job And Start A Business? by elyonchee(f): 7:01am On Jun 02, 2020 |
tosinntoyin:Keep your job. Change your Children's school to your location inclusive of your accommodation. That way you will not feel anyhow. Also I am not convinced you may succeed for business at first try. You can also juggle business with work. Try businesses that has to do with graphic designer and white board explainer. Business that will make you work from home on weekends and after work. Then invest in genuine investments too for the kids. |
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