Well, I don't know if you can get it for as cheap as $5, but I know you can get stuffs done very cheaply.

I've used oDesk before and for some tasks, I did not get to pay more than $200. If I were to ask someone in Nigeria to do them, it would have cost upwards of 100K each.

I also hear Freelancer is also like that, but i've not tried it.

So try oDesk and Freelancer.

treasureboy:

my intrest is not the content; as u can see its not a hosted domain yet; its blank; but the names sounds very attractive to me; pls what can u say about the name only for now?

Well, I wouldn't know if it was a hosted domain or not cos I don't bother opening every link.

Like I said before, if it were just the name alone, I'm not paying jack! The name does not appeal to me.

@Megainvest, more power to your elbow!

treasureboy:

Whats ur best bet; how much can u buy it? Also; does the name make sence?

Personally, I wouldn't buy it for the sake of the name because in online forums, it is not the name that matters (though you would want a name that is catchy), it is the content and number of registered and consistent users.

Why spend N800,000 because of the name? If it's just for the name, I would not even pay 50K for it...I'll form my own name and register it then use the rest of the money to attract users (advertising, challenges, etc).

Just my 2cents.

Just as naijainfogalery said, you need to define roles and responsibilities.

Since the original idea is yours, I think it is advisable that you have the majority share. I would suggest you own at least 50% of the company; that way, the other partners can not out-vote you thus changing your vision and strategy for the company.

Another thing to avoid is having partners that are not serious or partners whose interest and seriousness will wane with time. Tie their ownership to funds contributed. Make a simple evaluation of your company and tell them how much whatever they are contributing amounts to in terms of share percentage. It does not matter if you need the money now or not. Why I'm saying this is because human beings tend to be more seriuous if they are financially involved in something. Nobody wants to lose his money.

I also think that you should also manage the business at least till it is very profitable since it was your idea and you've probably put in lots of time doing and understanding the SWOT analysis.

Just my 2cents.

Yeah, demand is kinda low in Nigeria. I guess we are yet to grasp the benefits.

It depends on how badly you need the name and whether it's only the name you are interested in or also in the registered users (i.e. name + registered users).

The owner is most likely valuing it based on name and users. This is not bad especially since it's not easy to get users to register on a forum.

But personally, I wouldn't buy it for $5,000.

My 2 cents.

@PapaBrowne,


150,000 to 250,000 matured and sizeable ears per hectare? You'll be very lucky if you get 50,000 good enough ears. The rest will be something you'll probably discard or what birds would have eaten.

Pls don't use that to make financial projections, I beg you.

Like I said before, everything looks easy and rosy on paper/internet. It is only when one starts practicing that he'll know for sure.

I am not against having 250,000 ears per hectare, but I surely do not subscribe to people sharing just a part of the story. Why would someone tell me I can get 160,000 ears per hectare when he can't go further (or does not even know) to tell me what percentage of that will actually have economic value at harvest? You want to run your economics with that value? You'll be disappointed at the end o! That is how some innocent guy will just run his economics based on these values and then cry "witch" later when he doesn't get the predicted outcome.

There is more to this farming thing.

Just my 2 cents.

@Megainvest, please continue sharing your practical experiences....many people will be inspired by it.

Me? I'm not arguing anymore. A word, they say, is enough for the wise.

olushowunm: @Cranky... My calculations on acres and hectares are right and you are the one who needs further investigation, maybe you only hear it and not practicalize it!!!

Then 2.47acres and 2.5acres is just playing on your mathematical knowledge as its the answer you get when you round to i decimal place.

And no land measurement is ever accurate, is either over the desired measurement or below.

Finally, the acre or hectare is not in anyway stoping productivity, so don't deviate the topic into real estate...

We are farmers and will remain so!!!

Chief, 1 acre is 0.405 hectares! That is fact!! What concerns one's mathematical knowledge with this? If you have contrary information that is not available to anyone else, kindly share.

According to your own words, if land measurement is never accurate, does it mean that if I wanted to buy 10 hectares of land and the final measurement comes to about 7 hectares, then the land is 10 hectares? No!! The size of land is exactly what is measured, not what is desired. A 1 hectare land is 1 hectare irrespective of whether I desired it to be 3.5 hectares. The only thing that varies is what we in Nigeria call plots. A standard plot of land in Lagos and most of the South-West states is 120 ft X 60 ft, while in most Eastern and South-South states, it is 100 ft X 50 ft.

Crop farming is all about real estate! Please don't confuse this farming with gardening. If you don't know simple conversion if you see it, how do you hope to be a good farmer then? Someone said multiply the number of acres by 0.4 to get it in hectares, you said he's wrong because 1 hectare is 10,000 sqm while 1 acre is 4040 sqm. For goodness sake, what is the difference? Why tell him he's wrong? Pls note that an acre is actually 4046.9 sqm, not 4040 sqm. You can check this FACT with your phone. It does not matter which phone as even the lowest Nokia phone has a converter.

Now to some other claims you've made like an hectare containing up to 160,000 ears of corn...I did not want to respond to this initially, but since you now think you are an expert at this, I'll respond now. Your figures are wrong!!! How can you say that? That is very misleading. I was like "does this guy even own a farm?" then I went back and read your earlier posts and saw that you don't even own a farm (there is a difference between owning land that can be used for farming and owning a farm, you know) yet you claim to know it all.

At 160,000 ears sold at even N10 each is N1,600,000 very few months. Why don't we leave this very optimistic and sci-fi attitude and be realistic even for once? That is how someone will take this information and go and establish a farm only for him to start wondering what is happening to his farm. I am a farmer and I know what I am saying. I can post pics of my farm here for you to see.

I admire Megainvest because he is practicing what he is talking about. There is also one other thread here on this forum about Palm Plantation that you get to see practicing farmers discussing, not some guy that has internet access and so much idle time. In fact people like you are many on this forum; some will tell you there is so much money in catfish production, while others will tell you about the millions (and maybe billions) you can make in poultry (meat and egg production) and then some poor guy who's been looking for a business will jump into it thinking they are that profitable. Now don't get me wrong, there is money in these ventures but not as most posters present them.

It is not easy out there! Pls leave wishful thinking aside and be realistic. Why don't you even try the 1 hectare first and see if you get 160,000 ears.

Please don't come here claiming you know when you are actually not practicing. Let practical farmers share their experiences. We have been in this farming business for years.

And another advice: try to read other people's comments and make sure you understand them before replying so you don't appear confused.

Thanks.

megainvest: Sorry I got the acre to hectare conversion wrong. The analysis you have above is more realistic. Thanks.

Pls share your techniques for the 3 ears per plant.

@ Megainvest, You did not get the conversion wrong!

1 acre is approximately 0.4 hectares.

So converting from acre to hectare, simply multiply the value by 0.4. What this meeans is that 100 acres = (100*0.4) hectares = 40 hectares.

@Olushowunm, you even colloborated him when you said 1 hectare is 10,000 sqm while an acre is 4040 sqm. Is 4040sqm not 0.4 of 10,000 sqm? That means that there are 2.47 acres in 1 hectare. Why are you confusing him by telling him he's wrong?


To re-interate again, 1 acre = 0.405 hectares.
1 hectare = 2.47 acres

Any thoughts?

Hello Fellow NLers,

I want to set up the first paid-to-post and paid-to-comment blog and forum in nigeria. I want to get your thoughts and advice so I know whether to go ahead with it or not.

I would very much appreciate it if you could drop your opinions here.

Thank you