₦airaland Forum

Do you have a car to give out for weekly payment currently?

Brainbox0806:
I've been a member of the Uber partner thread for some years now, I started from reading for fun then fell in love with the hustle.... so I ventured into the business 3 years ago, all strategies that kick-started the business were derived from here. I hate to fail, hence I always do my DD very well before embarking on any business so I abandoned my personal car at home then bought a big daddy to test the waters, I registered on Uber/Bolt platforms and drove for like 6 months in my free time.



Having gathered enough experience I supposed, I bought four cars (very sound Local used) to start the business, things were going normal then i bought additional 4 to complement my quest for financial freedom via e-hailing. Within the space of seven months I already bought 15 cars all from my savings literally because I couldn't account for where the previous gains were going per se but I was hoping for better days but my hopes kept dashing away.

My goal was to use the cars for a year period then resell all of them before they start falling apart, for example buy a car for 3m, make 1.2m profit in a year, use 200k for revamping, then sell back for 3m

To shorten the story, I was really overwhelmed by the severe headache in the business, ranging from bad drivers, unfaithful mechanic, traffic law enforcement, police and so on. I became a frequent visitor to the police stations and lastma, this was taken toll on my mental & general health, I'm this easy going person but the business changed my personality to a trouble maker kind of, you know that agbero lifestyle, wether someone is looking for my trouble or not I was always on the edge to spill fire, always feeling so edgy, wether they (drivers) are communicating with me in a cool or harsh manners,my words are always fire and full of anger. I became so paranoid, so bitter because those devourers just don't wish me well.

NB: I handled this business all alone, visitation to the guarantors, verification, inspections are all done by me alone, I believe that was the reason I was having a constant breakdown. Then my mechanic started selling my own vehicles parts to me, like removing my coils (even if I put marks on them to differentiate mine) and whenever I'm not on ground selling same coils to my driver's, sabotaging the cars to constantly extort me and the drivers.

I feel worried whenever I see calls from the drivers because they never called for any good reasons, either to have me send money to them for repairs that occurred through sabotaging far away from my location intentionally or to visit the lastma/ police that seized the car. most of the repairs they call for are fakes and it's just to extort me so they can use same foe weekly remittance.

Two cars were totalled while in operation, both are due to drunk drivers. I got a call from a drunk driver around past 12am, he could hardly express himself well on the phone, he mumbled : trailer hit me, i left the car on the road, I shouted Jesus my heart skipped so fast. I asked him to get the car off the road at least, he said he can't because he was afraid of vandalizer not to attack him, then he said: my mummy will buy you another car.. mogbe.. I couldn't sleep well all through the night. By 5am I rushed to the accident scene, car has been removed off the road by the police to the station causing multiple accidents because the drunkard didn't put a c caution or at least put on the hazard lights. I was detained at the police station because two of the cars involved are luxurious ones, drunk driver had bolted and a visit to his house and that of his guarantors wasn't fruitful. It was a messy one for me.

My method of operation: you are to pay 50k for caution fee before giving you the car then subsequent 30k weekly for rental fee, 50/50 repair fee between drivers and owner, any damage incurred by the driver will be fixed by him. Unfortunately some of the damages incurred by my drivers saw to the end of some of the cars, like engine damage caused by driving in the flood, damaged gear box because the driver didn't bother to gauge the oil or due to oil leakage etc.

Only four of the drivers were so responsible,you don't need to call them before payment, the rest you will have to call, threatening them continually before they pay, it was so draining.. One morning, I woke up with irregular heart beat and I said to my self, enough is enough. I accepted that I've failed and I decided to move on, I decided to sell the remaining 13 cars of which almost all of them were in a bad condition due to a constant use or badly used even though we service them monthly. Having decided that I was going to stop the business, I started using the remittance received from the business to repair two cars at a time then sell off, I continued that way until I sold 11, remaining two with a damaged engine parked in my compound. By this way, I incurred little or no loss capital wise but imagine what I would have gained if I had invested the money in bonds or treasury bills.

Insurance (compherensive) was very helpful but they were also overwhelmed by the constant accidents reports and one (mutual benefits) decided not to partner with me any further while other increase their fee.

I won't advise anyone against this business but make sure you are ready physically, mentally before embarking on it. Set out your rules. One of the challenges I faced was to get a car ready n fit for another driver after a failed partnership with a bad driver who would have damaged the car very badly and his caution fee can't afford the repair.

If I have to do this again in year 2024(rental), these are the things to consider:


1. Insure the car ( compherensive)
2. 150k/200kk for caution fee
When caution fee is exhausted, retrieve your car
3. 50k for weekly fee
4. Only have small numbers of fleet you can manage, because you will be vulnerable and easily overwhelmed, one car, one headache
5 don't depend or expect much responsibility from the guarantors, most of them are poor.
6. Select your drivers carefully, some of them are drug addicts, gamblers and womaniser. I've had to retrieve a car from a hotel where the driver lodge with an olosho but refused to pay rent for three weeks.
7. Inspect your car weekly or bi weekly
8. Avoid familiarity with your mechanic, be ready to change him at any time and avoid him buying parts for you to prevent sabotaging, buy your own parts your self.
9. Install tracker to enforce shutdown of the car
10 avoid amateurs/novice drivers, some of them only know how to move the car forward, they don't listen to the car functionality or know the warning signs on the dashboard. A driver knocked my engine because he doesn't know the oil spillage logo on the dashboard

I wish you all the very best

You dey offer job placement for Ib?

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Anyone still in this recruitment and which state?

I'm interested

Broken link

I run a POS business on the side, and my business has been on pause for a while because of lack of cash. With 100k, my business can boom, and I can spread out my banner (as attached) once again.

Thanks and happy birthday to you once again

weezydee:
What's the rate for Lion

I co-ask

I just got about $778 on my Okx wallet today but can't exchange yet until listing

Don't waste your time here... They have nothing to offer, they are only looking for clicks

Gidigbam001:
its gradual. Nothing too difficult about it.

Do you know excel at all? Let me start from there because with excel alone, you can start and complete a project in Data Analysis. then gradually you begin to learn other tools.

I can gradually mentor you if you are serious about building a career in Data Analysis

I'm good at excel, and I'm interested in building a career in Data analysis. After all, I have a certificate in Data analysis

sleekflow:
Common bros... You are wicked with that rating.
It's actually a 3.5

Ahn ahn... Una two no try o, I'm actually seeing a 3.55 rated hotel there

People like me like this wey do online training, and I no understand one thing like this nko?

Done

The word "legit" has been bastardized by scammers

I'm interested. Adedam7@gmail.com

onatisi:
He was a very young guy and it seems there was a minor disagreement between auxiliary boys and some traders selling phones at Iwo road . But as the argument raged on auxiliary was called and immediately he got there ,he just shot the guy , it was a very sad story. Attached is the story .

https://punchng.com/murder-so-cruel-how-popular-ibadan-thug-auxiliarys-gang-killed-36-year-old-father-of-newborn-twins/

Your reference doesn't even state anything related to shooting. I don't understand

metaluterus:
They will give him soft landing



I have 25kg bags of rice for sale at 17,000 Naira per bag

Lagos

Imported rice? And where in Lagos?

Adedam7@gmail.com

flyinnizam:
it is sold 66k where I live. It was 77k before.

Local rice or inported?

Nlanalyst:
52k yesterday.
Ifo, Ogun state.
Although price has increased today.
56k or so.

Na local rice?

WilsonBright935:
Yes it is

Resend the link again, the previous one is not working

WilsonBright935:
Yeah... Which is really boring. But gbwhatsapp programers have restrategized. That's what I'm currently using

Is it still working?

DICO111:
Up next is the buyers association(manC,manU, Chelsea, Arsenal,PSG, Real M, Barca, Bayern M) to dive right into this squad, buy all the quality players then the team will go back to default settings.

Funnily, there's No single quality player in that squad. Prove me wrong

I was a broiler farmer. What's the pay?

If you ask me based on what I read, I'll gladly tell you they are GNLD/Neolifers. Because I don't think a reasonable organisation will need to preach benefits of the organization to convince you to come

telim:
Can you do a VA job? If yes I need a VA urgently to help me with some backlink tasks

1. I will send you links of websites were you will either signup or post my SAAS platform and its features on those site
2. I will also give you a link of some sites. You will send an email to the admins and request the price of adding my link in a specific page on there website.

you must have access to laptop, data and stable light. If interested reply with your number.

I'm a freelancer, but haven't done VA jobs before. If you can put me through, I'm in
08163325031