grafixdon:
Bar. I lost close to 2.5m. No good staff, most of them are greedy and rude. It's been 2 months I closed the bar. Would reopen when I get someone very serious who can manage the bar for me.

grafixdon:
Bar. I lost close to 2.5m. No good staff, most of them are greedy and rude. It's been 2 months I closed the bar. Would reopen when I get someone very serious who can manage the bar for me.

itzzkhaliii:

If I might ask why south south please?

Emeskhalifa:
Fish business

IyaTola:
Where's the bar?

aysnoopy:


Where is d location. Let me help u manage it

Olalekanbanky1:
Business is not for everyone tho
Some Pple just naturally don’t have the strength to own and manage a business.

Sorry for the losses y’all. God lift u up again
Amen

PoloG:
Car dealership business

princejones:
I lost millions in futures trading, futures trading is worst than virtual betting

Dshocker:
Lost so much millions in Forex...

Tripleoluwa:
Upholstery business.. After I finished school, I knew that university certificate isn't just enough to survive this country, so I approached my friend who's in the business already to teach me how to make chairs, beds, etc..

He agreed. My plan was to ghost NYSC and spend the one year learning at his workshop. After 3 weeks orientation camp, I returned home. As I was getting down from okada like this, na my uncle I see. His tipper truck driver was drunk and left his truck in the middle of a major roundabout. Because I knew how to drive it, he pleaded that I helped him drive to offload the sand in the truck at the destination and bring the truck back home. That was how I spent the whole one year driving. That was 2014. Now I be uber driver.

Early this year, I accompanied my Upholstery friend to Ikoyi to get a contract that requires reading terms and conditions and signing some papers. The job is 1.4m naira. I com dey look myself

MISTAICEY02288:


I'm In same situation right now. I am even looking for a way to dispose off the clothes now in wholesales prices so I can quit the business finally. The business is too slow in my area and most times, I struggle to sell just 2 dresses in a month. It's that bad.


Please what happened and how did you later go about it? Did you sell off the wears or how did you get over it...

grafixdon:
Bar. I lost close to 2.5m. No good staff, most of them are greedy and rude. It's been 2 months I closed the bar. Would reopen when I get someone very serious who can manage the bar for me.

KingAzubuike:

Like how much

TheBTCinvestor:


Two dresses In a month! Chai u need prayers o...

seanwilliam:
you should have done some feasibility studies before going into it. Till tomorrow, boutique business is a very lucrative business if you site it in a viable environment. Also your setup matters too.



You’re either having location problem or packaging problem

Dshocker:


I lost N10m, but i wasn't the person that traded with it....

My friend was advising me to buy twitter shares , through Bamboo, just the same week Elon Musk first said he will be making payment for twitter, but later failed to make payment.

He made N350m after investing into it, profit shut up to 35×.

Staphylococcus:


Don’t get too addicted to it. You won’t have savings

Tripleoluwa:
Upholstery business.. After I finished school, I knew that university certificate isn't just enough to survive this country, so I approached my friend who's in the business already to teach me how to make chairs, beds, etc..

He agreed. My plan was to ghost NYSC and spend the one year learning at his workshop. After 3 weeks orientation camp, I returned home. As I was getting down from okada like this, na my uncle I see. His tipper truck driver was drunk and left his truck in the middle of a major roundabout. Because I knew how to drive it, he pleaded that I helped him drive to offload the sand in the truck at the destination and bring the truck back home. That was how I spent the whole one year driving. That was 2014. Now I be uber driver.

Early this year, I accompanied my Upholstery friend to Ikoyi to get a contract that requires reading terms and conditions and signing some papers. The job is 1.4m naira. I com dey look myself

grafixdon:


Igando Lagos

olexjay:
even if he doesn't have savings at least he still know what he used the money for really worth it and it will increase in value within some period of time comparing to wasting funds on irrelevant things

IyaTola:
What's your location? I am interested in buying them.

Fireson:
I once lost all I had running a restaurant. Thank God I could rise again .

MISTAICEY02288:


Hmmm well i think I try with the packaging actually. I think I made a mistake not doing the feasibility study. I will work around improving it. Thanks

aysnoopy:


Where is d location. Let me help u manage it

seanwilliam:


Please before going into any business, even if it will cost you money to do feasibility studies, please pay it. At the end, when the business starts booming, I swear you’ll gain your money back.

I recently started an offline business, there’s this guy in my area , he’s an illiterate but a very grounded entrepreneur . The guy made me realize that there’s different between having money and knowing exactly what to do with it.
Everything I had in mind to do would have collapsed the business. I humbled myself and followed the guy guild lines, at first I hated his style and perspective , baba at the end I succumbed and I regretted not starting the business earlier.




What I’m saying in essence is that you might have the money for the business and not have the business acumen.

Go back to drawing board, I wish you well brotherly.

Lifewasgood:
Unisex salon, lost over 2m. A friend lost over 7m,he added a spa and located the shop at GRA.

If you can't work in a salon by yourself please don't open one cos you'll always be looking for workers and location matters a lot.

I still know someone who owns about 3 different salons and is doing well.

GoldenqueenC:
Bead making,gosh I spent alot to learn and start the business only for it to faze out ,beaded jewelries just stop trending .