Good day guys, pls I urgently need this advice, I'll try to be brief.

I'm a 30yrs old graduate doing all kinds of hustling to survive. After waiting endlessly on a white-collar job without any in sight I decided to take a private school teaching job.

This is my 3rd year in d school now, and my salary has been increased from 25k to 40k but I noticed I can still do more to bring more money through other means.

I decided to open a laundry business due to d fact that we don't have many laundry stores here cos this is just a town not that big but I think I can nurture d business and capitalize on d fact that laundry business is not common.

WHAT I HAVE DONE SO FAR.

I decided to start d laundry business from home without stopping my teaching job, so I've been doing this for 8months now. I borrowed 100k at d time I started and I used to money to purchase a generator for ironing purposes, and I decided to be doing the washing manually cos no money for a washing machine at that time.

8 months later I've gotten a washing machine and gotten up to 3 irons.

MY PLAN
My wish right now is to secure a shop and continue d business on a full scale, and I still don't have a plan to leave my teaching job. I plan to employ a young lady to act as secretary to be in charge of picking, sorting clothes and washing clothes with a washing machine cos I've got a washing machine now. So that I'll be in charge of ironing when I return home from my teaching job.

MY FEAR
The fear on my mind is d failure of this business, I've invested all my life savings in it and I'm scared of entering d business I'm full scale.

Pls, I will entertain any advice that can help, and those that have been in this position b4 should pls help out.

Considering how crazy it is to run a business in this country, i’ll say your doing well.

If you’re lucky to get a good assistant, who can manage things while you’re away teaching it will make sense.

Most important thing is not to get comfy even after you get the assistant cos people no get joy. You have to always go there to do check and balance.

Good luck man.

Every business has its risk,so just continue if your mind wants it..

Tanx for ur comments

There is no job that doesn't has his own risk.. just give it a try and see the outcome. Best of luck

nifemi25:
There is no job that doesn't has his own risk.. just give it a try and see the outcome. Best of luck

Tanx

Continue with ur teaching job. You can do both with ease after all you don't wash clothes all the time. Rent a shop, get an assistant, get a washing machine, and thank me later.

Be sure of what you are going into before you do. That every business is a risk as advised up there doesn't mean you must take the risk without having a positive mental attitude towards it.

I will advise you work on your fears and be sure first before you embark on the risk.
"When your faith is greater than your fears, the risk becomes positive."

Wait a minute...I should write that down

Omicron123:
Continue with ur teaching job. You can do both with ease after all you don't wash clothes all the time. Rent a shop, get an assistant, get a washing machine, and thank me later.

Tanx

Bluezy13:
Be sure of what you are going into before you do. That every business is a risk as advised up there doesn't mean you must take the risk without having a positive mental attitude towards it.

I will advise you work on your fears and be sure first before you embark on the risk.
"When your faith is greater than your fears, the risk becomes positive."

Wait a minute...I should write that down

Gracias