₦airaland Forum

I am happy to see mindsets are now changing towards the opportunities this hussle provides.

What cheerfulgiver makes in a month is what a manager in a big four consulting firm makes (probably less the bonus). For those that will argue its gross not net, the real net that most employees can count on from what their employers pay them is probably 75% or less. transportation, dressing, managing bosses n customers and other expenses cost a lot.

About 2 years ago, there was this lady that I took to the Island for 2.5k. She she saw I was dressed for work myself, she asked for an offline arrangement for 2k every morning.

After a while of our arrangement, I got to knw where she worked and here role. Madam likely doesnt earn more than 250k, yet to keep her appearance sparkling (which was necessary for he role) n for comfort she spends 10k every week on going to work alone.

After we got comfortable with each other, I made the mistake of opening up to her on what I make driving part time n weekends (nothing less 120k in the worst months). Madam went further to check my linkedin profile to see where I worked. Madam started skipping payments afterwards . Had to end the arrangement by telling her I am taking a leave of absence at the office.

Some here may not realise but what many of your riders earn in a month is not up to what a hard working driver makes in a month, particularly when the car is his.

Let's learn to be grateful for the opportunity this hussle provides to step on to greater things. A winning mindset is one that sees a cup as half full and I am inspire by what I see some drivers here doing to also double my hussle.

For the ones that will complain that 40k a week is too much, too much police wahala, they have to spend 20k treating malaria, the job is too hazardous, they need hmo and pension ....they are people leading others to a pit

HORLADY:
Received and replied accordingly. Thanks for reaching out.

Yet to see your response bro, pls resend

HORLADY:
Kindly send your contact. ooladipupoajayi@gmail.com

Sent you an email

HORLADY:
Kindly send your contact .

Its best you delete your number , just leave your email address

HORLADY:
I am 36yo

Chartered at 36 is still ok. Reach out to a mentor or lets chat offline

bigpicture001:
That was before.. over studying of the course don spoil am..just like POs don cast

Bro, that's my field. Hr & accountancy as probably some of the most employable fields because every organisation requires one. You need to reach out to a mentor to guide you.

Chartered accountants are always in high demand. Stay in the lagos, abuja or port harcourt and kick start your career as an accounting trainee. 5 years down the line, you could be earning as much as 500k per month

Ebengosandra:
Thank you unfortunately I don't know his state all I know is igbo but there is a Nigerian lady who is also igbo here in my country she has told me that she doesn't believe that he is igbo because igbo don't steal children and she believe he might be from yoruba tribe and because I am not an Nigerian so I don't know how truth is that. I will do the Facebook search hopefully I will find some of his relatives to help me.

avoid that lady, they are probably trying to misdirect your search.

Ikenna is an exclusively igbo name

Ebengosandra:
Sorry for the late response I have not been online because I have been busy with my other daughter who was very sick. I don't really have much of his pictures because he wasn't a picture person he hated it so much. But I will upload the two pictures that I have of him with my daughter and I hope some people can recognise him and give me more details of him so I will be able to find my daughter.

I hope you daughter is now better.

There is something you can do. His surname/family name is likely Nwadi. Simply search for "Nwadi" on facebook. Its almost certain some of his immediate or extended relatives have accounts on facebook.

Send simply messages to those accounts asking if they have any relation called "Ikenna Nwadi", that you were both friends while in the drc and you will like to reconnect to him. Dont tell them anything about any kidnapping of a kid.

Also, if you know the exact state he came from within Nigeria, it will probably help narrow your targets

Sonnobax15:
Other loots may be found but as for that one,I doubt

that one is already in active use

Felicity0001:
This man self... What do you think of yourself for heaven sake?!! Who told you you're employing anyone? For goodness sake! You're rendering a service and that man(driver) is only renting you fuckin car. Get this into your empty skull menh!

God damn it!

A number of people mentioned and disagreed with my opinion on what the ideal rental rate should be and the nature of the arrangement between the driver and his partner, I enjoyed reading them and have respect for their opinion even if I dont agree with all they said.

Then there is you felicity, who in your normal abnormal self quoted me and spewed thrash.

I have read through many of the things you openly owned up to doing, from dropping people on 3rd mainland bridge at night, to driving your partner's car to the edo state, having frequent issues with lastma, police, frsc, lawma, ferma, to hopping from partner to partner......many here may not have the courage to let you know these are disturbing behaviour for a normal person saddled with conveying others safely to their destination.

At best, your behaviour is probably more suited for agbero or danfo driving than ehailing., at worst you have an emerging psychological issue.

Its better you respect your old age and not quote me again.

Depends on your employer, years of experience and if you are working in your industry as a line or outside your industry as a support staff.

An accountant in a small indigenous oil & gas firm can earn 1.2M net per annum as a trainee.

Same accountant in a multinational upstream firm can do 18M per annum.

An accountant in a multinational audit firm with 15-20 years experience can do 200M per annum (partner level). Same accountant will probably do less than 10% of that if he were to work in a company as a support staff.

While an IT expert that is a support staff in a multinational audit even with 20 years experience may not do up to 20M.

tojahh:
Otunba... Nobody is your employee, you better remember that before salah day so that you go know who you go share meat for

if driver like, he can call himself my employer. Make money complete, that is the koko

tojahh:
Very easy stuff.

Buy your car at whatever amount and give it out on HP.

Comot your eye for another man money. If he makes 100k a day it isn't your business. You cannot eat your cake and have it.
You gave out a car on rental, driver pays you the agreed fee, you still wan dey suffocate him choppings.
Do you know there are weeks drivers borrow to pay rental? Do you know there are some drivers whom won't want to inform you in every little hassle he can solve?

When i was driving rental, it was 35k, with full repair on owner. Even to the least things. After almost 2 months he asked me if my car no get issues that he has called the mechanic in case I need to go there. I just told him I have worked on the needed worry which was a leaking exhaust pipe. I still paid that week. (The person is here tho)

So its two ways....

Buy and put on HP and forget repairs since cost of parts won't let you rest.

Buy and drive yourself and enjoy full dividend


You can't say because my salary was increased at work I should come and pay my Landlord double rents. mbanu chukwu ma'kwe

This is at least fair. Why will people recommend 25k with repairs on owner. They want to send the man back to hia village.

Its not my business what my driver earns, however I must also earn a decent return on my investment and so I have always modelled what my cost is and what my driver earns as revenue before making any new contract.

We cant all be dru23 charging 25k

Oluwabengz:
Instead of arguing back and forth about rental fee, i think owner partners should give their cars out on HP. That should solve the problem

Spot on

Pearl1910:
Wonderful. Driver will work under sun and rain from Monday to Sunday and make 60k and u will fold your legs inside ur house and collect 40k. And leave him with 20k. Fear God o.

So if u discover driver is making 120k u will demand 80k from him. That's why driver will scatter the car for u without remorse. No mercy for the wicked.

Its only in this ehailing business in which an employee (even if a free agent) will expect to earn more than his employer. So if you earn 60k, your employer who bought 100% of the means of production is too greedy to ask 66% to cover his cost of capital and make a little margin?

In my years of experience I have never seen where employee expects to earn more than his boss, very greedy folks here

I can only pray God will also make you an employer so you can be a very generous man.

IFSHR:
Brother the problem is not the rental fee, the problem is your failure to analyse the ideal amount to invest and recouping strategy ...They are better car options that will save your money than corolla
..dru have always advocated for use of civics, anything above 1.5m on this hustle for car na the person Sabi in addition, you can break even faster having more than 3 cars on the platform.....

You are very right. I exited the business when bolt came and basterdized the market with lower spec cars

LilX:
Please say things that are imaginary , 50k in a day ? Please are you the only bolt driver in lagos? Stop trying to prove your point wit lies . Desist from it

So if I happen to net 60k I give 40k and take home 20k?

Is this not greed?? What will 20k a week do for a married man who have 4 children to feed with? Or a bachelor taking care of unseen bills?

30k is very ok. If you are not cool with it then drive your car yourself

Where did you see 50k a day? Reread for clearer understanding. And even at that, somedays a driver can make up to 50k particularly festive days where riders may opt for offline trips.

Entitled mentality has eaten deep into your reasoning. So the owner of the car who probably makes less than 10k profit a week from the 40k is greedy, but you who did not drop a penny into the business considers 20k weekly (80k a month) too small? Do you know many of the people you see wearing suit n tie by 6am on monday dont even make up to 100k

From a driver perspective. There was barely a weekend I didnt gross 40 - 50k (net at least 25k) even during the driest period. On public holidays/festivals, I can do 50k in 1 day if I drive morning and evenings.

Mind you these figures where made morning and evenings only because I typically hate afternoon traffic and selcting only trips to areas I consider to have good roads.

Morning rush (excluding bonus) 5am - 12noon, a driver can consistently make 8k net (Monday - Wednesday), slightly lower on Thursday and Fridays at atleast 4k net.

Nb- I did not factor afternoon and evening weekdays because I almost never did drive by then. But even fron the drivers app, with the surge that comes up at peak afternoon and late in the evening, will the driver not make something?

No serious driver should make less tha 60k net a week execpt under extraordinary circumstances. And if you make 60k and owner of the car collects 40k (2/3), it is not too much given that he owns the car, carries the risk of business failure and bares maintenance

CheerfulGiver:
You'ce not driven for straight 6 months. A simple no would have sufficed. The other conjunctions up there are a failed attempt to justify why you think 40k weekly is right.

You've not done it. So you cant actually opine based on non personal weekly driving experience. Anyone that drives full-time will never advocate for 40k weekly.

You best argument to kicking against 40k ia that you have driven for 6 months. Bro, it holds no water here. I will provide you a basis for my own:

Eatimates:

Corrola 2006 toks: 2.5M
Minor repairs before deplyment: 75k
Total outlay: 2.6M

**Running expense and income

1. 1st year total rental at 25k : 1200k for 12months (because its toks assume near 100% uptime)

2. Servicing every 2 months using the cheapest engine oil, oil filter: 15k per servicing (90k per year)

3. Shock absorber (35k _50k), brake parts, clutch (15-30k), tyres (30k) (twice a year at the least for a well maintained car: total is 210k)

4. Papers & comp. insurance (5%): 175k

5. Miscellaneous: 50k

Net income to partner:1.2M - 100k -210k -175k -50k = 665k

From year 2, I can bet the partner will not see 665k as car maintainance will start shooting up and he will not achieve 100% uptime.

In essence even after 5 years at 25k he may not recover his capital talk less of profit, especially if a discount factor is applied to account for time value of money.

CheerfulGiver:
Have you driven a car for 6 straight months? That's what I want to find out.

I have managed cars actively on the platform for over 3 years. In all this while, I maintained an active bolt driver account I used during the weekends when the most money were on the table.

Even without driving full time and having now retired since rentals and costs became unfavourable.

No one can run the business profitably even on 25k rental right now using tokunbo cars, not even moove with their large fleet n economies of scale. Personally when, I understood the business better, I converted all my cars to hire purchase at 35k with 300k upfront.

If there is something you think you can school me on, say it, I am listening. Dont tell you you have driven for longer than I have.

CheerfulGiver:
All these are permutations and are not real analysis. You analyze based on emotions, not facts.

Come back here after you've driven your own car for six straight months. I can talk because I have.

Have you?

I have been involved in the business since the days of Romeo the celebrity driver. I think he reinvented himself with a profile here.

Let's not measure balls here, I have been involved in this business when 40-45k was still the norm (around 2014). I maintain very residual interest in it, even at that I am not sure what you think you can sch me in.

Pearl1910:
Yea...driver bears all the risk, danger and threat, puts all the work, time and energy. Utilizes his Intelligence and craft to make the money.
Car is insured but life cannot be replaced so if he makes 1m and gives owner 30k its not out of place.

Is it your application of energy or the availability of the car that provided the means to make money? If it is by application of energy, hardwork and bravery, abokis pushing wheel barrow should earn 1million a month. Alas, they cant because they only have a wheel barrow.

That you were provided a road-worthy car by the partner is the only reason you are an ehailing driver and can use your strenght to make the said millions in a year.

In reality, no partner should offer a tokunbo car for less 40k a week at the initial. Because after the first year, he will likely get strung up on repair expenses and drivers asking for a reduction in rental because the car is not in pristine condition or spend some time at the mechanic workshop every now and then.

Ebengosandra:
Hey guys my ex boyfriend kidnapped my daughter in 2016 at the age if 3 years, he took her to Nigeria. I have been crying for my daughter for 5 years it is ..

Write what you know about him here: full name, pictures, dates e.t.c, someone here may know him or offer you concrete leads

smallvill:
I want to give out my tokunbo Toyota corolla for weekly delivery, I need advice on the procedure to take and how much weekly the driver should conveniently deliver to me.
Thanks in advance.

Dont give out a tokunbo car for less than 30k weekly except you want to run an NGO. Calculate the average cost of routine servicing, replacement of parts and cost of a tokunbo car before making a decision.

Moreso bolt have upped the rates

Also, with the high food 4prices in the market a lot of people down south are now pumping money into agric not withstanding the insecurity, if you have good networks from your professional experience, they should be able to point you to someone with money but requiring expert hands to plough his land.

YomiOlofin:
I was a farm manager in a farm with about 16 workers.

I can still communicate, but not enough to handle customers, labourers.

I read Animal Production and Health. Agriculture is a sure option, especially when you have first-hand experience. But the limiting factor is the capital. You need at least 300k to raise 1000 catfish stock to maturity without including your own survival fund for 4 months.

Pigs will reach market weight in 6 months...but sourcing breeding stock plus housing is no child's play.

There are several agritech companies using crowdfunding to fund farm projects now. I am sure at least one wont mind a very good farm manager even if he is deaf.

Btw, without capital I am not sure there is much you can do in agriculture given that it is capital intensive and you seem to have urgent need to daily cash

YomiOlofin:
I lost my hearing, and getting a new job after my first job is almost impossible. I was able to buy a bike while in my first job to ease my movement. I don't understand sign language because I wasn't like this since childhood. It was a gradual loss.

Age: 40yrs.

As dey said agriculture is probably one of your best best. With a loss in hearing, any customer-facing role even bike riding becomes difficult or even dangerous.

Btw, what was your professional experience/skill before you loat your hearing.

vasel15:
Fulanis are monsters

Arrewa
TINUBUADVOCATE
NorthRules9ja
Simplyleo
MalcoImX
Arewa1stSon
Officialgarri
Gawu1
TheFilmtric
CILICMARIN
HELINUES
Apishani1
Oyigboupdate

You forgot to add the chief zombie: , come and appreciate your fathers gift to the nation

Lionessza6:
You didn't hear anything good because white owned media houses were and are obsessed with pinning the current situation on him . He is the same man that re- opened tvet colleges to give poor students a chance to upgrade the needed skills in the economy. He declared free education for the poor in Universities. He put more funds on on Nfsas so that students would be able to pay not only tuition but rent ,food& books . He built state of the art hospitals in poor areas. He built the first University in the Northen cape to make sure struggling students from that province had access to quality education. He championed policies that prioritised black entrepreneurs in doing business with the state . I could go on

Many of these things are socialist driven policies. It will be funded via public debt, higher taxes and/or subsidies, none of which is good for a developing country with limited resources. What your country needs is a technocrat who can deliver solid private-sector led economic growth. Equaility will be achieved over time not by burning huge public expense on socialist projects but by creating policies that allow for unhindered participation of everyone in the economy.

Nigeria has been suffering what Zuma put you guys through for some years now, you should be glad Zuma is gone. Nigeria still has to deal with Buhari's shit for at least 2 more years. We are dealing with several years of near stagnant economy, high public spending on social projects, high debt, yet with the social & economic conditions deteriorating steadily

Lionessza6:
LMFAO, probably.

South Africa has big class divide ; zuma is more popular with the poor and Ramaphosa with the upper class and white people in particular. Zuma is not in jail for corruption mind you ,he's being in imprisoned for not appearing before a commission that was clear designed to humiliate him and everyone else who's against the status quo . Ramaphosa and his white elite allies want a dictatorship not a democracy,and the people on the ground are fighting that. This is no longer about Zuma ,deeper issues including historical injustices and the poverty increased by the unnecessary lockdowns have taken centre stage .

Many of Africa's worst leaders came in the guise of fighting for the poor. Dont remember hearing anything good about south africa while zuma was in power. What we kept hearing is state capture, power outages, xenophobia, corruption......same thing Nigeria is currently suffering with the cattle rearer that came bearing empty promises of uplifting the poor and fighting corruption.

Greatzeus:
I have used GTB USSD code to transfer money 4 times today. It went smoothly and both parties received alerts. So I don't know what you talking about.

.
Wait till you have an issue that takes you the banking hall of gtb, then you will understand your money may serve you better under your pillow