GAZZUZZ's Posts
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ridwanadedapo:Did you take a trip to borno on boost? |
sooperrescue: LeJeun3:Thank you sirs. |
scorpio1:08033910382 |
JAYUK:you will get same error codes even if you install what you are looking for. |
slavemerchant:colonizer ![]()
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paroh137:Gazzuzz is not igbo I appreciate the kind words. ![]() |
abitafah:08033910382 |
I have been preaching it since o! A bunch of scammers, but we'll packaged scamming. |
luluz4u:good buy. If every other thing is ok |
MohammedObey1:Do you know dancok? |
demeanors oya come o! Ipfreely, Banky3w, chukel, computerglobal, Diportivo, erico2k2, Gazzuz.z, honmusa, Kingreign, LeJeun3, Mayor2013, nurey, Obekediamondfuto, Princetom1, thebigkendo, timifakay, aieromon |
bily:Plus install 20k |
snipesdam:Was U.V light/U.V glasses used to detect the U.V dye? |
snipesdam:What test was used? Vacuum? U.V dye, electronic sniffers? Or detergent? |
I just remembered a case of a fraudulent driver, he signed up for an impossible target, and guess what he did? He wakes up 5am, drives till 10pm and hands over the keys to his unemployed friend who drives from 10pm- 5am and pays a daily fee to him for use of the vehicle. Basically car never stopped working. driver paid weekly payments with ease, owner was happy until........ You can fill in the blanks. |
some of forget about quality of life of a driver that spends too much time on the job. With time they will get burnt out. Most drivers on the UBER and Taxify platforms do not have a spiritual life any more, Friday sat and Sundays are the most profitable days, and they are spent on the road. Sustainability is key, keeping drivers happy doing what they do is important. As I said earlier. A tired driver will go home to rest if he is on a flexible workable plan. A driver on a higher target will try to defy nature, and there are consequences. A driver on a flexible workable plan will not work all through the night, he will pace himself. this does not mean that there are drivers who will still take advantage of the lower weekly payments and decide to work like robots, but that's where the job of a fleet manager comes in, he monitors driver earnings, and the number of hours driver spends on the Job, and the times. If driver is given a corrola 2005 and he loves all nighters fleet manager will swap driver with a kia or a city reason is simple, he has lowered the risk of theft of the vehicle. no one will want to steal a rio or city. There is more to fleet management than paying 50k a week. Gazzuzz 08033910382 |
Djbond:do not get married, it is not your child. Go and test for HIV, your chick is a slut, that 2day old sperm is fresh sperm from that day, a few hours before you met. |
dafemnet:Car plus driver, contact me 08033910382 |
Dhayor001:very possible. |
doingood:the guy has been making noise upandan, Until someone comes to NL to cry, there's nothing anyone can do. |
Jide6670:get involved in maintenance or vehicle will be grounded in a very short time |
Dhayor001:what vehicle? |
Sankabson:E for sweet me to yab you, but as you don talk say no insult let me respect my self. 2018 February, any Nigerian corrola 03-06 advertised for less than 1,250,000 has serious issues. #END |
There was a time when cars were advertised at slightly cheaper than average amounts outside lagos, if you go to inspect/purchase, you will be kidnapped. ![]() |
jerflakes:We are in 2018 what did you think you would get on a 19year old car? You want them to only drive it in the parlour? ![]() grab it if it is sound, and treat it well, it will serve you well. |
jerflakes:I will encourage you to be specific with model. Is it the 1982 civic? |
jerflakes:with good previous maintenance NO, what kind of car is it? |
Armstrong34:15k |
The ripple effect of how a fleet manager goes bankrupt. In January my self and Carshopper we were shouting the narrative. This is last week of February and we are yet to release the album ![]() the narrative is a model of fleet management business, managing investments for potential clients, and in return making a decent profit. Why are we yet to go public? We are still on test phase. test phase 1. Drive your self and see what is obtainable under all possible conditions. My self and Carshopper have crossed that bridge personally. Phase 2. Give out a controlled number of vehicles (personal vehicles) to Drivers @ different rates to see how they manage returns. We are currently collecting data. Phase 3. Manage those vehicles (toks, Nigerian used, and brand new) maintenance on different management plans and see how drivers and partners cope in relation with cost of repairs and down time. still collecting data. Phase 4. collation of data of profits made on each vehicle, VS maintenance costs. Still collecting data. There are still other information/s still being gathered, but to keep this writeup as short as possible, let's stick with this 4. E-hailing business is profitable, it comes with its headaches (a lot of headaches) but long term there is a bright light at the end of the tunnel. From our preliminary findings from ongoing research work, certain vehicles are not suitable for this kind of business. Vehicles with sensitive electrical systems and large engines are a NO-NO. Out of over 10 test vehicles with varying engine sizes, models and makes, we have been able to spot the black sheep among them. How does a fleet manager get into problems with investors? First problem is not having a capital base to work from. Let's start with a simple example, very easy to understand. 10 vehicles, 1.8liter engines, given to 10drivers to deliver 35k to fleet manager and fleet manager delivers 30k to owners. Fleet managers profit on 10 vehicles is 50,000 a week (decent pay if you factor in running costs and risks involved) pay outs 300,000 a week to 10 investors. Now by Tuesday which is every ones payday, 2 drivers are yet to come up with their weekly remittance, sighting issues like (I was not feeling fine, I was robbed, snake and monkey ran away with my money etc..) By Wednesday which is payday for investor fleet manager has to giveup his 50k management fee and search for 20k extra from his pocket to add to the investors money if not 1 investor will have issues on Wednesdays pay out. What do you do to the defaulting driver? Let's assume he comes with 20k and starts to promise payment of the balance as he works, do you fire driver? Or keep driver on the fleet? Some times the claims are genuine and you can see from drivers dashboard that he made the money, and he has been honest in past dealings. So drivers target is increased from 35k to 50k by tuesday. While 2 drivers are working on paying the extra money, 2 others are defaulting. I once overheard the discussion between a fleet manager and a driver, the fleet manager asked the driver for the old balance of 6k from a few weeks ago, drivers response was hilarious, he said, sir if you fail 1 course for year 1, you fit carry the course to final year now example above is for drivers on rental. Next drivers on 120k and above targets (shared ratio) You place a driver on a target of over 120k, first week he will try to impress you (James bond) by 2nd and 3rd 4th week he will realise he is not a machine, and ask him self if he wants to die. Most time drivers on such plans are aggressive and always in a hurry, they make poor decisions, and sleep off on the wheels due to long work hours. This plan is not sustainable, and drivers end up defaulting, and dropping keys, looking for easier plans. From these examples you will notice Fleet manager will have issues with investors, based on a human angle, if not managed well. next vehicle down time. A fleet manager once made a statement on this thread, IT went something like this. Buy peugeot 407 and it will be upgraded and refurbished, and I will give you a 6month guarantee on maintenance. note I am not here to bring down any one, but that statement is untrue and not possible. Vehicles, (brand new, toks, Nigerian used) are machines. On newer machines, you will have fewer issues, on older more sensitive cars, you will have more issues. no vehicle is immune to the effects of contaminated fuel, or open manholes on the highway, or obstructions like large boulders placed on the road. The chances of breakdown of a vehicle are significantly increased at night, when visibility is poor, driver is tired, to make it worse if driver is a science student. Drivers make significantly more money at dark hours (5:30am -6:30am) (7am - day break on weekends). Most issues vehicles face are airconditioning, and suspension related. These cars cover an average of 1000km a week. The distance between lagos and jos by road is about same distance. Without a strong Technical knowledge or backup, fleetmanager will be fleeced by technicians and vehicle downtime will increase, investors confidence will reduce and vehicle might be retrieved from manager. being a street boi that knows the inside and outside of ladipo market does not make you a mechanic, you are at the mercy of the technicians there. vehicle weight VS suspension issues. One of the reasons the corrola is a success is due to its weight. Suspension issues are less on a lighter car, smaller cars with sturdy sturdy suspension are a great mix. Before I loose focus, Iet me get back to how fleet managers Go bankrupt. I talked about driver remittance failure, I talked about vehicle downtime. now let me come to a close by discussing Agreements and management of investors funds. When trust is built, investors are willing to give you money to buy vehicles, fix them and put them on the road, but investors are not foolish, they did this so they can get returns on their investments. Most markets are not stable, they have their high and low times, in December someone posted earnings of over 230k in a week, but of recent every one is shy to post earnings why? Earnings have dropped. same thing with crude oil. Agreements should be made flexible for both manager and investor, so that when there is a boom, there will be room for a renegotiation of terms, and when there is a fall terms can also be re-negociated, ultimate aim is sustainability.When an investor gives manager money to purchase a vehicle, fix and put on the road, it is not because investor does not know the way to the market, it is because he trusts that the manager has been through same investment decisions, and made the right choices in the past which resulted in profit. It is expected that since you bought it, and fixed it. I should not hear any stories for a certain time frame. in a situation where manager went into an agreement with a client to purchase refurbish and deliver with a guarantee of a certain Timeline, manager gets into a lot of problems. the gains/ profits manager thought he got from purchase and refurbishing will easily slip into maintenance costs within a short time, especially when a wrong unreliable brand is selected. And after a very short while he begins to rob peter to pay paul so he can save face. Understanding the dynamics of business and contractual agreements is key, a strong background in vehicle repairs plus a partnership with more than one standard workshop is an added advantage. A strong financial buffer is also very necessary, do not start fleet management with forecasts of weekly driver remittance to pay investors, it will fail, because there will always be 1 or more stories, pay investors from your investment capital, as I told my partner, you bring 1m, I bring 1 m before we start this business, if it succeeds we will see it clearly, if it does not, worst case scenario we lost our investment and kept a good name, we return the vehicles before we get indebted. finally please do not buy a car with poor 2nd hand value. Consider the vehicle as an asset that can be liquidated. Cheap car plus repairs does not equal significant increase in resale price, you are still stuck with a cheap car. Sorry for the long uncoordinated writeup, just wanted you to understand what most managers go through. gazzuzz 08033910382 |
jpworld:when most people have issues related to ogunvic and romeo they usually call me to help them mediate. MR Kunle called me early January on this issue. I called romeo and Kayode and told them to sort things out with kunle. Kunle called 2-3days later and told me everything was ok and solved. Sadly from what we can see there are still unsolved issues. As of today, Mr Kayode does not take my calls. Rome does, but seems to be in a helpless situation, as most business decisions are not done by him. I have no interests or profits in this business gone wrong. It is not the first time a complain like this is coming my way, and I try to mend issues. |
debeey87:all scam |
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