22gist14:

For me I tried a lot of things back then in Nigeria despite been a trained nurse to attain financial freedom but nothing worked out not until early last year I quit my job then joined Nigeria-cameroon business route. I started with around 400k but now though I have not taken stock the goods I have here in my shop but as at the last time I have about 5.2ml worth of goods without any borrowing or loan

which business

Angrygoat:
Story story,
Story.
Over 20m. Hahahahaha, how ,what other business asides scam. Stop telling lies idiot

This nigga right here is angry

yusuf0876:
which business

Lol see what this guy is asking... btw sorry I can't disclose that here

adonainana:
Don’t let people in the diaspora see this thread ooo

To them Nigeria is a cursed land nothing can ever come out of it, yet tokunbo cars at extraordinary prices Nigerians are still buying

You ask your friend for 500 dollars omo na war

You are a real G
More grease to u bru

Shellsploit:
Amazing!


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

So sorry about you loss.
How did it happen?

FreeStuffsNG:


Congratulations!! You're doing well. Well done sir.

I started with my education, skill , professional license and network of goodwill then quietly build up organically over the years . So I can't say the start up cost me in cash per se .

Beyond the professional way of evaluating the current worth of your business, in my opinion, the current worth of your business could be more or less in reality so I always like to ask myself that "if you want to buy your own business right now, how much is the least you will be willing to pay for it?"
Here is free book on business ideas & money sources directory for you, it's 100% free!
https://www.nairaland.com/6666800/looking-business-ideas-money-fund

Nonsense! There is no how bias will not creep in. The value of your business is the price that you can sell it to others not yourself.

Nice one, I will help spread the word around to those who might be interested.

nnewsnjobs:


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.

The poster want to make extra money selling the imaginary idea to everyone to increase his 'seed capital' again

Lie Muhammed..see how he suddenly disappeared when asked what type of biz he is into..smh

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 .

can u teach me??

I wil put 1000$

Kindly provide details of this business as we can also learn from you

22gist14:

It's strenuous but at the same time cool and adventurous. Send me an email I think i it's on my profile.

No direct mail on your signature, but sent a message, check your mail

Merc505:
No Seed Capital.

Just phone, internet, information and Boom.

The money you used to buy phone, data and information, is your seed capital.

When I was younger I used to tag people that were doing well "ritualists" .. I never knew my turn would come....
I started with 300k. After six months it expanded but no enough capital to service my clients. Took a 500k loan, boom!!!
Paid it back in 6 months.. After 2 years it's in tens of millions...


PS : it was a side hustle...

bobkezel:
When I was younger I used to tag people that were doing well "ritualists" .. I never knew my turn would come....
I started with 300k. After six months it expanded but no enough capital to service my clients. Took a 500k loan, boom!!!
Paid it back in 6 months.. After 2 years it's in tens of millions...


PS : it was a side hustle...

What kind of business is it?

Started with one grain of rice 3months ago, now I own 3 restaurants . Ndi Ara

Emmanuel909090:


No direct mail on your signature, but sent a message, check your mail

Already replied you

Chuky7:
Seed capital that's the money you used to start your business

Mine was 1 million seed capital for investment and now.

4 years, the business now worth more than 20 million.

I have around that to invest in business, just that I don't know what to do exactly yet. I want to do restaurant business, still toying with the idea.

placeofallure:


I have around that to invest in business, just that I don't know what to do exactly yet. I want to do restaurant business, still toying with the idea.

Restaurant is a nice business with good profit margin but it is very stressful, so you need to prepare to work really very hard

nnewsnjobs quit=106259602:

Restaurant is a nice business with good profit margin but it is very stressful, so you need to prepare to work really very hard

I know of the stress, that's why I've been having second thoughts. I don't like stress. also I may need to quit my present 9-5 job.

Angrygoat:
Story story,
Story.
Over 20m. Hahahahaha, how ,what other business asides scam. Stop telling lies idiot

You can never be rich if you think my business worth can not rise to 20m from 1m in 4years. I doubt you are even business inclined to have a mindset like this. I need to scam to successful in 4years.. Your must be a civil servant, probably level 7 officer

adonainana:
Don’t let people in the diaspora see this thread ooo

To them Nigeria is a cursed land nothing can ever come out of it, yet tokunbo cars at extraordinary prices Nigerians are still buying

You ask your friend for 500 dollars omo na war

In trying to sound like you’re intelligent you are making a fool of yourself. Do you just start sending $500 to every friend that ask you for money even if you receive $20,000 a month. You just keep blabbing about on Nairaland about your miserable life experience or assumptions

MOJ584:
What is wrong with the reasoning of black people??

Someone just dished out a bogus story about his biz in four or five lines of words, no background info, no details about the biz model, no details about the various stages of his biz development, no details of the trying days of his biz!

His biz just grew in leaps and bounds in 4 years!!! Many of us are already celebrating the Young Dangote without basis

No genuine biz will give such ROI in Nigeria in the last 10years based on the economic facts on ground

Nawaaooo!!

Omoo una just dy off me for this thread. So your trying to say, I can't make 20m from a 1m business in 4years legally... The smallness of the minds of must of the comments here is just blowing my mind.. Please sir, just few lines above your comment, someone has 5.2m in goods without taking current stock from a 400k seed capital, no debt, all his or hers.. Hoe many percent increase is that? Please don't try to put the smallness of your mind on other, people are making this money legally, putting the thinking, hitting the right market.. Don't trouble us with your myopia

Chiden:
Me I'm looking for 30,000 to buy goods

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

Anaaaa m

ahahahahaha

Seriously u re not ok

Mine hasn't start yielding profit. But I have investment 8 million on the equipments.

22gist14:

Lol see what this guy is asking... btw sorry I can't disclose that here

why na

Another thread championed by mods to generate traffic....

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.

Update:

Quick answer about the type of business i do.

I am a Google advertising specialist with positive track records. 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.

mind I tag along you? I'm well knowledgeable about the Facebook advertising and little knowledge of Google advertising... I might learn one or two things from you.

Shellsploit:
Amazing!


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

Village people on 5G

Sezua:


Nonsense! There is no how bias will not creep in. The value of your business is the price that you can sell it to others not yourself.

@ bolded gives you away as not familiar with business negotiations .

How many businesses do you have and how many have you sold sir? How many businesses do you know that sold for the price it demanded without negotiations ?

And as the business owner, if you can't have a minimum estimate based on your understanding of the investment you have made in the business , who then will?
In business negotiations, there's nothing like "nonsense!". It's all about the power of negotiation but you must know the least price since there's no cap to how much you can place on your business.
This picture is a summary and the house your business.

I started my rice distribution business with one grain of rice, now I'm doing rice in trucks

Offpoint1:

mind I tag along you? I'm well knowledgeable about the Facebook advertising and little knowledge of Google advertising... I might learn one or two things from you.

Sure. You can check my Google ads thread