Timoleon:
He was able to save #500k from his 30k job
He should continue his 30k job abeg. He can diversify and either employ someone to man the pos shop or work the shop evenings weekdays and full time weekends.

Sanusak:
Leaving his 30k teaching job is the best. You can't not expect a newly established business involving cash to thrive without proper monitoring. If he fails, he can easily secure 30k teaching job elsewhere.

AutoChick4U:
30k is a big money with the inflation? Lolz

doncollino:
Yes, job blinds us. Resign and u will smile

iCauseTrouble:
It is advisable.
Any job below 150k per month in Nigeria is worth resigning from to start a business

Emperoo:


Easily!!!! Ok o..

Timoleon:
He was able to save #500k from his 30k job
He should continue his 30k job abeg. He can diversify and either employ someone to man the pos shop or work the shop evenings weekdays and full time weekends.

That’s the major problem of our naija now. No trustworthy people anywhere again. Imagine the years and sacrifice it would have taken that man to save up that amount. Then one unfortunate human being will come in the name of employee and eat up the profits plus even capital sef. Everybody na scam for our country nowadays

deeLima86:


That’s the major problem of our naija now. No trustworthy people anywhere again. Imagine the years and sacrifice it would have taken that man to save up that amount. Then one unfortunate human being will come in the name of employee and eat up the profits plus even capital sef. Everybody na scam for our country nowadays

sulaimon22:
So a friend of mine seek for my advice on whether to leave his 30k teaching job to establish a POS and Recharge card printing Business in a small scale.

He has 500k saved up prior to December and invested 150,000 into crypto currency, now he wants to know if resigning from his teaching job would be a good thing to do as his tired of his current job.

What advice would you give to this person?

larryking540:

what stops the guy from even creating his own mini pos business while doing his teaching,men of today just hate anything call double stream of income ,over sea guys work in 2 to 3 places ,that's y most time they don't pick your call.

iCauseTrouble:
It is advisable.
Any job below 150k per month in Nigeria is worth resigning from to start a business

illicit:
How did he save 500k from 30k monthly

E no dey eat

sulaimon22:
So a friend of mine seek for my advice on whether to leave his 30k teaching job to establish a POS and Recharge card printing Business in a small scale.

He has 500k saved up prior to December and invested 150,000 into crypto currency, now he wants to know if resigning from his teaching job would be a good thing to do as his tired of his current job.

What advice would you give to this person?

Sukkyy2010:
I'll not specify my advise but will give you some instances.

I I lost my 60k job last year Nov started Pos in Dec following month. I save up 300k within 4month through my embarked new pos business. Fast forward to September this year I made my first million through it. Last month I bought my first landed property, bought some major furniture mostly needed in a room which the expense cost roughly another 300k all through the Pos business. I give thanks to God almighty because as I'm typing this my account balance is a million in spite all expenses incurred so far.



Glory be to God almighty may God continue blessing me through my little doing.

In your little doing ensure you honour God with your substance( Thithe paying). I believe this also helped me achieved much from little.

ignis:
Though 30K is too poor to survive with in the current day Nigeria.

Entrepreneurship is a risk, either he survive and grow or the business will become unproductive like Muhammadu Buhari's farm.

Timoleon:
That’s why I suggested that if he can’t employ someone, he should run it himself in the evenings during weekdays and work full time during weekends. That 30k will always be useful.

safetyboot:
THE PERSON COULD BE DOING SOME HOME LESSON FOR SOME PUPILS TO SAVE UP TO #500K, NOT EVERYBODY STEALS

alabi484:


Glory to God

I started mine with a loan of 40k from a friend, it started well but almost went down because of one nonsense boy i employed, my location became saturated thereafter and i quickly opened another location in September, i took another loan of 250k for the new location, to the glory of God, i have paid off the loan with interest and have sizeable funds to run my business on its own now...

It's been rough probably because I started with just the desire and ginger to get something doing for myself..no single kobo as well as the employee ish but I thank God for how far I've come and I believe so strongly that by this time next year, my testimony will be double of yours.