Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,316 members, 7,815,590 topics. Date: Thursday, 02 May 2024 at 02:55 PM

What Was Your Initial Seed Capital? - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / What Was Your Initial Seed Capital? (36179 Views)

How Can A Nigerian Business Startup Raise An Initial Capital? / How To Succeed With Facebook Ad Without Losing Your Initial Investment / Seed Capital #100,000 (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Re: What Was Your Initial Seed Capital? by PearlFid(f): 4:36pm On Sep 28, 2021
Igbankpa:
i see you walking in the streets with your bell and dread locks and tear tear nika. I see you with a very big stale bread, I see you sleeping in the gutter.

This I've seen! werey
hahahaha you people will not kill me with laugh o
Re: What Was Your Initial Seed Capital? by andyanders: 4:38pm On Sep 28, 2021
Op trying to market his cry.......

1 Like

Re: What Was Your Initial Seed Capital? by Goldenrichard(m): 4:38pm On Sep 28, 2021
nnewsnjobs:
My friend started his business with 3.5m from You win in later part of 2015, today his business is worth over 200m, businesses plus acquired property. Not exaggerating but only being moderate with the worth.



What business is your friend doing

1 Like 1 Share

Re: What Was Your Initial Seed Capital? by Shikena(m): 4:38pm On Sep 28, 2021
Who said Buhari has not done well grin

nnewsnjobs:
My friend started his business with 3.5m from You win in later part of 2015, today his business is worth over 200m, businesses plus acquired property. Not exaggerating but only being moderate with the worth.

1 Like

Re: What Was Your Initial Seed Capital? by Yankee101: 4:39pm On Sep 28, 2021
Nice

Convert N to USD four years ago and today
Re: What Was Your Initial Seed Capital? by nnewsnjobs: 4:42pm On Sep 28, 2021
Goldenrichard:




What business is your friend doing

Engineering services and supplies. Mechanical and electrical engineering services and spare part/consumables supplies.

Although after the you win seed, he later get 1 m from Tony Elumelu program and also some amount from shell live wire program, but this happen after like two or three years.
The guy really tried in managing the business.

2 Likes

Re: What Was Your Initial Seed Capital? by officialfoodie: 4:43pm On Sep 28, 2021
nairaman66:


Just word of mouth and no deep analysis !!

How much do you make in a month? Tax payments? Workers salaries? Any loan or pending loan payments? Liabilities?

Thank you. No analysis or suggestions. Either to chase clout, catch cruise or just to brag and push people to depression.

4 Likes

Re: What Was Your Initial Seed Capital? by Uchek(m): 4:43pm On Sep 28, 2021
Can you email me: ukoparah@gmail.com. I want to get into cryto investment.

kaeycea:

Congratulations..
Mine was an investment in crypto space.
I started crypto investment about 2 years ago with a seed capital of about $3000..
The current value of my holding as at today is more than $100,000 .
Re: What Was Your Initial Seed Capital? by Bigmanpickin: 4:43pm On Sep 28, 2021
Merc505:
No Seed Capital.

Just phone, internet, information and Boom.
bros abeg help your boy. How you take do am kindly share the information to me aswear I will never leak it to any other person
Re: What Was Your Initial Seed Capital? by nnewsnjobs: 4:44pm On Sep 28, 2021
Shikena:
Who said Buhari has not done well grin


Not Buhari, it was Goodluck that introduce you win but Buhari came and scrap it and introduce nonsense Npower.

3 Likes

Re: What Was Your Initial Seed Capital? by Chiden(f): 4:49pm On Sep 28, 2021
Me I'm looking for 30,000 to buy goods embarassed

Modified: it's not even small people that I'm on this thread with. I'm just seeing 3m, 1.5m .. M M M...

The peace of the Lord be with y'all... I'm outta here. When there's a thread for people in my category, I'll come grin

Anaaaa m

4 Likes

Re: What Was Your Initial Seed Capital? by Shikena(m): 4:50pm On Sep 28, 2021
Good, we credit Buhari because the money grew into something huge during his tenure. Up Buhari grin

nnewsnjobs:


Not Buhari, it was Goodluck that introduce you win but Buhari came and scrap it and introduce nonsense Npower.
Re: What Was Your Initial Seed Capital? by studentofTruth: 4:52pm On Sep 28, 2021
Asour:


He obviously left those out.
They may exist.

The problem in Nigerian business space is that both trust 'capital' and legal negotiations are low to none existent.

I suppose there are many working /business class Nigerians with good idle savings that could serve as investment capital for others but would be (rightly) reluctant to do this because trust is LOW even among supposed friends.

Low trust/confidence robs the Nigerian economy of $bns yearly in ways many never think of.
This fellow here is obviously reluctant to provide details for the same reasons — scepticism & low trust.

I agree with you.
Re: What Was Your Initial Seed Capital? by Evergreen4(m): 4:55pm On Sep 28, 2021
ojasweb:
I started my company when I don't know anything about business. Absolutely zero knowledge of business.

Though i had some money when i started it, but i haven't work on the business. I have made money but i won't really attribute it to the business.

Planning to start working on it from next year with 1M as a seed capital.
Please what type of business
Re: What Was Your Initial Seed Capital? by nnewsnjobs: 4:55pm On Sep 28, 2021
Shikena:
Good, we credit Buhari because the money grew into something huge during his tenure. Up Buhari grin


Ok no wahala, but why Buhari stop Youwin which is initiative that will grow the economy and create jobs only to introduce shity Npower and trader moni, my friend has about 15 staffs but the least earn more than Npower beneficiary.

1 Like

Re: What Was Your Initial Seed Capital? by Shikena(m): 5:00pm On Sep 28, 2021
I don't know o! I'm just kidding around. Looks like your friend is one of the few sound ones we have around and would have done well regardless of where the capital comes from. With all the suffering and stagnant economy under Abacha, some people made their millions with whatever capital they could raise. Every period of hardship springs forth new set of opportunities, some will definitely capitalize on it, others will whine all through and achieve nothing.
nnewsnjobs:
Ok no wahala, but why Buhari stop Youwin which is initiative that will grow the economy and create jobs only to introduce shity Npower and trader moni, my friend has about 15 staff but the list earn more than Npower beneficiary.

1 Like

Re: What Was Your Initial Seed Capital? by avrilwisedata: 5:01pm On Sep 28, 2021
La buena people don start o. cheesy cheesy cheesy

1 Like

Re: What Was Your Initial Seed Capital? by uche393: 5:02pm On Sep 28, 2021
chidi1:


Sir, with all due respect, the only investment that gives that kind of return (2000Percent!!!!! In 4 years) Is either crypto or illegal drugs. At the risk of sounding too presumptuous, I don't think you are involved in any of these.
Agro biz can do the magic
Re: What Was Your Initial Seed Capital? by ojasweb(m): 5:05pm On Sep 28, 2021
Evergreen4:
Please what type of business

I am a Google advertising specialist with positive track records and several years in practice. I am planning on investing some money into building my agency.

The money will be invested on expanding brand recognition and payment of staff for the first few months.

1 Like

Re: What Was Your Initial Seed Capital? by Funkybabee(f): 5:05pm On Sep 28, 2021
Borrow me 1million from it make I used ham to start my own business plan



I have the business plan

2 Likes

Re: What Was Your Initial Seed Capital? by bepositive11: 5:09pm On Sep 28, 2021
Kestolove:
I started with 3k, now my business is worth 30billion

Please tell us more. What's your line of business? How did you get there?
Re: What Was Your Initial Seed Capital? by bepositive11: 5:10pm On Sep 28, 2021
iLegendd:
I started with 10k my cousin gave me. Now it generates millions for life while I sleep. When I die, my unborn kids and grand kids will keep making millions from it till eternity.

This is wealth, not riches. I always advise sensible people to focus on creating legit wealth, and not chasing illegal riches.


Please tell us more. What's your line of business? How did you get there?
Re: What Was Your Initial Seed Capital? by bepositive11: 5:10pm On Sep 28, 2021
FreeIgboho:
Mine was 500k. Now worth almost a billion

Please tell us more. What's your line of business? How did you get there?
Re: What Was Your Initial Seed Capital? by bepositive11: 5:10pm On Sep 28, 2021
raymondhillmimi:
Mine was 100k in 2020 Now worth 300 million dollars! Ndi Ara..

Please tell us more. What's your line of business? How did you get there?
Re: What Was Your Initial Seed Capital? by mightyhaze: 5:11pm On Sep 28, 2021
No investments? Just 20m cash or goods in 4 years?


Not bad still..
Re: What Was Your Initial Seed Capital? by mightyhaze: 5:14pm On Sep 28, 2021
Shellsploit:
Amazing!


We wey invest 400k into snail business, woke up the next morning, the snails are no where to be found. They all strolled away!
grin




Why una no install tracker for their backs? grin

2 Likes

Re: What Was Your Initial Seed Capital? by Shellsploit: 5:15pm On Sep 28, 2021
mightyhaze:
grin




Why una no install tracker for their backs? grin

U be real weyrey!!
Tracker for snail back grin

3 Likes 2 Shares

Re: What Was Your Initial Seed Capital? by FreeIgboho: 5:19pm On Sep 28, 2021
bepositive11:


Please tell us more. What's your line of business? How did you get there?

Exporting food

Re: What Was Your Initial Seed Capital? by 22gist14(m): 5:20pm On Sep 28, 2021
Emmanuel909090:


Can you hint me more on this business?
I will write you.
It's strenuous but at the same time cool and adventurous. Send me an email I think i it's on my profile.
Re: What Was Your Initial Seed Capital? by okpas01: 5:23pm On Sep 28, 2021
200k capital and now it's worth about 4 million after 14 months
Re: What Was Your Initial Seed Capital? by nnewsnjobs: 5:27pm On Sep 28, 2021
Shikena:
I don't know o! I'm just kidding around. Looks like your friend is one of the few sound ones we have around and would have done well regardless of where the capital comes from. With all the suffering and stagnant economy under Abacha, some people made their millions with whatever capital they could raise. Every period of hardship springs forth new set of opportunities, some will definitely capitalize on it, others will whine all through and achieve nothing.

Yeah he is sound and smart as well, they are currently recruiting for sales engineer. But only for sound and intelligent people. If you don't have what is mentioned there, don't bother yourself because their recruitment process is very thorough.

1 Like

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

7 Reasons Why You Must Start An Online Business In 2017 / Nigerian Breweries Increases Price Of Products For The Second Time In Two Months / MUST READ : Why Gtbank Latest 737 Simple Mobile Banking Is A Beautiful Nonsense

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 32
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.