uncleck:

Second hand keke will make you think your village people are after you

tuclap:
My friend bought a second hand keke late last year (october) here in kano. And a week ago he has put the keke for sale. Reason is that; there is no week he doesnt take the keke to mechanic

Shoodboi:


Thanks for showing us the truth. The way these guys hype transport business is something else.

When you point out the fact that those in the business would be living well if it was that lucrative, they would tell you drivers and riders are illiterates who spend their money on women and alcohol.

I wanted to go into it some time ago (and give the keke out on hire purchase) but changed my mind after discovering a few of the underlying issues in the business.

I didn't even know most of the ones you mentioned here, but the ease with which they steal that thing is insane. They're very easy to steal.

Not to talk about the security agents, council, agbero & everyone extorting you.

You brush motor, wahala. Motor brush you, another wahala.

And they don't last at all. They're just thin pieces of aluminum. Even wind can blow them off.

jay89:
So true. Will never advice anybody to go into this business.

Matheusmartin:
..
If lie nor kill you, nothing else will..

SKINDOGGY:
Haha my sis just finish advising me right now make i no venture into am unless I get strength to dy shout

joinnow:
OP
Everything is mindset
If your mindset is program to succeed
The law of attraction will kick in and everything will be going in your favour.
I know of a Keke rider at ibadan he bought land built house buy Micra marry wife and had plantation farm all from the Keke business.
I also know someone Oga settle with 1ml and the boy blow the profit and capital.
I also know of someone that build up from one small chemist shop to 3 now.
All is mindset
That is why gambler will win 6miliion today 3years from now money don finish

Also note most time it's not the amount you make but how you manage your money.
I know of keke driver that can eat 2k meat at a sitting. Too much flexing but no investment and always fighting with his wife.

Everybody can not be a shop owner
Likewise every body cannot be a Keke driver

SUPERPACK:
Useless analysis and a poor rebuttal of the original thread. I have seen people use their keke for 6 years and still sound, I have also seen people open shops with huge capital only for it to be looted or mismanaged.

uncleck:

You just like trouble

nashito:
This fuckin business is what made me broke somehow until. I’ve been regaining my stand. Bought 4 once for #660k. Coupling etc #20k, Reg no: #20k.

I never made up to 1.5m after investing #4m.
Na so so stories the drivers dey talk every other Friday. Some will even turn off their phones, someone will involve in accident and incure damages you’ll still bring out from the savings money to fix .

Abeg, before you invest in Nigeria, make sure you’re present or you maintain a highly regulated rules & regulations accepted in your business and when someone goes contrary to that, be it family or friends, be ready to scrap them or Nigerians will take your business and hard earned money for ride with the believe that Oga has plenty money

uncleck:

We take calculated risk. It is better to learn from experience than out of experience. Like I said, keke business doesn't worth it. Why invest 1milion naira in a business that has no growth prospect while there are many better alternative and better business you can do with a prospect of growth?

Y'all can go ahead and do whatever business that suits you; but I'm advising everyone, based on experience, that there's no road here. Only do keke business just to keep yourself busy, maybe in the meantime, òbut NEVER do it as a long term business

Oldmansense:
Honestly, the person who gave out this analysis is very far from reality. I am a Keke operator and I can sate things clearly. At the end of November 2019 I got my Keke as fairly used one. Its still what I have been using till date and I have only replaced the rings and piston only twice. Apart from that I live in the midst of bankers even my next door neighbour happens to own a clinic here. I have my son attending a very good school while from the Keke business I have been able to secure many industrial machines for my tailoring business and I have been able to set up 3 POS outlets. That you earn 90k monthly from the Keke business does not mean you should keep it in a savings box every month till the year ends. Invest the money into any viable business where the money also attracts more money for you and thereby giving you the opportunity to have many sources of income.

ufotunang:
The main problem with Keke riders not making enough money is due to multiple illegal tax they pay everyday....police , soldiers, FRSC, hoodlums will collect money from them illegally

Greenback:
Meanwhile McOluomo will become richer from all your labour as well

Oldmansense:

Ntoor. Why on earth will you give people to ride for you when you are not part of the process. In order to succeed in any business, you must be willing to be part of it. You must know everything about it and also practice it. For example my friend has riders that he registered in same street where we operate. So there is not way the rider will give him excuse because we were all together on the street working. So how can a rider remit less than the agreed amount when I worked 4x the amount on the road.?

Shukusheka:
Why you no talk this thing on time na. Now I don go collect bank loan buy 5 used Keke put for road.

uncleck:

We take calculated risk. It is better to learn from experience than out of experience. Like I said, keke business doesn't worth it. Why invest 1milion naira in a business that has no growth prospect while there are many better alternative and better business you can do with a prospect of growth?

Y'all can go ahead and do whatever business that suits you; but I'm advising everyone, based on experience, that there's no road here. Only do keke business just to keep yourself busy, maybe in the meantime, but NEVER do it as a long term business

Dozie32:
Rearing cat fish is better than transportation business.

LettyLayo:
Smart move. Most of these guys are not street smart at all. Would love to share my dad experience here but unfortunately I cannot

azikiweironsi:


That was how someone asked me to sell one of my cars to venture into the business. I just smiled and said I would think about it. I just Yinmu and said to myself, I'm too young to die of HBP. In the sense that, be ready to accept complains from your rider, shouts, no rest of mind until you see your ride at the end of the day.
In conclusion, you may end up having HBP.

LettyLayo:
Okada is preferable. My dad has 16 Okadas

joinnow:
OP
Everything is mindset
If your mindset is program to succeed
The law of attraction will kick in and everything will be going in your favour.
I know of a Keke rider at ibadan he bought land built house buy Micra marry wife and had plantation farm all from the Keke business.
I also know someone Oga settle with 1ml and the boy blow the profit and capital.
I also know of someone that build up from one small chemist shop to 3 now.
All is mindset
That is why gambler will win 6miliion today 3years from now money don finish

Also note most time it's not the amount you make but how you manage your money.
I know of keke driver that can eat 2k meat at a sitting. Too much flexing but no investment and always fighting with his wife.

Everybody can not be a shop owner
Likewise every body cannot be a Keke driver

cherryCola:


I think you are very stupid.

SUPERPACK:
Useless analysis and a poor rebuttal of the original thread. I have seen people use their keke for 6 years and still sound, I have also seen people open shops with huge capital only for it to be looted or mismanaged.