₦airaland Forum

Ndukwe007:
Not all sir. There are exception to every rule.

Kaybee7000:
Lolz from this response ,am still seeing u as s learner boss, try still learn more!!! Nothing like over abuse in teaching people your strategies, your strategies work due to ur disciplines not that it is deciding the direction of market.If you wish to teach those people asking for it,teach them and let them win too,wish you more blues boss

Johnnyhoo:
Can you teach us the trading strategy?

DenreleDave:


In Nigeria, it is right.. But in a saner country, it is a great offence

bestpunterever:
can you drop your WhatsApp

Divsy:
thanks a lot I appreciate...but can I atleast get your contact so I can communicate with you more constantly

Matheusmartin:
.
where did you get your stats from?

bestpunterever:
can you drop your WhatsApp

Matheusmartin:
if keke drivers make such money as claimed, why can't they afford decent life style??

food for thought.

bestpunterever:
oya help us o

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:
Opened this thread partly to respond to a thread I read on front page https://www.nairaland.com/6929052/how-started-tricycle-keke-business and partly to educate those who run into a business based on hearsay.

Before I go into the main thing, let me ease your mental stress a bit. According to the guy on that thread and the analysis of many people I have read on this platform, you can save just 5000 daily, that should give you about 150k/month and 1.8 million annually. But come to think of it, how many keke operators do you see living in a good apartment? With annual net income of about 1.8 million, one should be able to afford a semi decent home; fairly nice dresses and send his children to fairly good schools. After all you can hardly see a civil servant that saves up to 150k monthly yet they live more decent life than keke riders. Why? Before I answe this question, let me say that, although I'm not sure, the OP of that thread is still new in that business; he hasn't stayed up to a year. So at the right time he will come and edit that thread.

The truth about keke business
1st scenerio: fairly used keke...
There are two major reasons why people sell their used keke.
1. The keke is faulty. Most riders have very bad maintenance culture especially those who started their keke with brand new one. They feel the machine will remain sound inspite of their abuse until it down on them that great damage has been done on the machine, they put it up for sell. If you're the unlucky buyer that would be moved by the deceptive statement "five months old", sorry will become your name.

2. The owner is having issues with the operator. The owner might just decide to sell off so as not to loose out completely. In this case, the maintenance history of the machine cannot be guaranteed because in most cases, the operator see it coming and is more concerned about how much he can make before the owner seizes it.

Whichever is the case with the keke you're buying as second hand, you're 85% probably going to suffer in the hands of mechanics just few months after purchase. You will spend the little you have saved fixing the keke and will likely spend a lot of time in mechanic workshop making it hard for you to be able to save more. After one year, instead of the 1.8 million you're have calculated initially, you might just be VERY LUCKY to see 300k. In fact this is one of the realities why keke operators can't afford fairly decent life for their family.

2nd scenerio: new keke...
If you want to get a new keke now, just budget 1 million naira. At the start you'll be making a lot of money because passengers prefer to board clean keke. Because of how much you're making, as a real niggar, you will want to love-vendor your ride so that it will become more appealing and exquisite; the satisfaction you feel while blasting jams filter into the air from your keke... you can work from morning till night without getting tired because your ride is soft... you start paying all your bills without any issue... Hardly will you realize how quickly the machine is detoriating.

The reality will set in when your engine start shorting oil. After sometime you're asked to change your piston and ring. That is the genesis of a downward spiral in your financial life.

There are two very important things everyone should know. First, the lifespan tricycle is short. Remember that keke doesn't have radiator yet many of them are three cylinder. If you're serious minded, just give your keke 6 months, maximum one year, before you replace it. Secondly, every other business appreciates while keke depreciate. From the day you bought it, it starts depreciating till you need another 1milion to buy another one. But the shocking reality is that most people can't raise that money when they need to replace it. The reason is that, the death of their machine normally comes at a time they don't expect it, and they try to maintain the old one with their savings thinking that they can use it to raise more money.

If you spent 1 million naira opening, let's say, a provision store, after one year you would be surprised how big it has grown because it grows daily. But the pain of coughing out the equivalent of your initial capital once a while just to remain in business is not easy.

Conclusion.
If you want to start a keke business just to keep yourself busy for the meantime, go ahead. But please instead of buying new keke, invest the money in a business that has growth prospect. I've not talked about how often you will scratch somebody's car and you're asked to repay it; how many times the authorities will impound your machine; God forbid you involve in accident... Everything I wrote is based on experience.

Solanaa:
I'll appreciate that, Thanks Sir.

Divsy:
a little

Shygon2:
Hi sir, if u are interested in buying cars for Uber business, am so much interested too, am an Uber driver with experience, I can manage ur car sir

Infor4free:
Good to see another profit taker. The aim is to make money in crypto and diversify the profit to offline businesses.

Profit not taking in crypto is nothing. This year, buying estate land and developing it is my plan.

Already did inspection with lands in my area.

bestpunterever:
bro help us with the formula o, crypto will surely bounce back this year.

Solanaa:
CherryCola Show love to boys, I've been doing research on crypto lately but no funds to start up, i sish to do crypto arbitrage and also purchase newly listed potential coins so i can sell when listed on popular platforms. You can call it an investment in me, and if you want me to, i will pay back.

I just need to startup something this year.

swarley75:
Received 40mtk, I thought they have a good project decided to buy 100$ worth of MTK. At a point my wallet was over 7000$, everything went crashing down yesterday night from 6.5k dollars to 3.2$. So all this coin na scam abeg

dapolaw:
He doesn't have to mention he has a 32k shoe but you could mention you have a 100k shoe... Your hypocrisy stinks to sky.



What does posting it here will do for me? Grow up boy, this is a new year.

Neverlosemoney:
Lol….I keep seeing questions like this all the time “why is someone holding over 80% of the project? it must be a scam.”………Honestly, the best time to get into a project is when the developers or founders are holding the majority of the shares of the project. There is nothing wrong in investing based on tips from friends or whatsoever the source but there is no substitute for personal research. If you have done your research well you won’t be afraid of the founders dumping their holdings on you and running away; abandoning the project and leaving it to die eventually…..Sincerely, carrying out our own research cannot be overemphasized. Once again, the best time to get into a project are when the owners are holding every piece of the project.

The best time to buy Amazon was when Bezos owns almost everything.

The best time to buy Facebook was when Zuckerberg owns everything thing.

The best time to buy Bitcoín was when Nakamato owns 99% of btč.

Always Do your own Research (DYOR) as little as you can, majorly on the project founders. If you do, at least; it will give you the strength to buy the Dips, when they start dumping or distributing

hopeson02:
We have a platform and team that help you to trade football and earn good income without payment. You will be given some capital to start the football trading and withdraw your profit. If interested WhatsApp me on 09152932733 please know you are not paying any money to start.
You can also drop your contact to be added to our group

solace89:
I hope some day soon, I will come back here to post my testimony too. I wanna know how it feels too.

Divsy:
Hello cherrycola, sorry for doing this here. Please kindly put me through on how you invested to start making such much money, I'll really appreciate ��

PrudencyFeats:
I'm no fool bro, rather its you that is a fool who has poor brains to understand and make earnings. You need to develop your inner brains and mind.

1. 1Xbet does not permit more than 1 account and once you have made any withdrawal, you will never your bank account for any other withdrawal on 1Xbet.

2. I've been on it for years now and I think I don't need to engage with losers like you. Because you lack knowledge.

3.YOU ARE A BIG FOOL

PrudencyFeats:
Use that your tiny brain and explain how I'm playing bet with 30k and withdraw to create another account... Mumu

PrudencyFeats:
1xbet financial trading is double sure.