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Almost every home and business in urban Nigeria has generators for standby electricity. The lack of maintenance culture and technical know makes the cost of servicing and repair exorbitant.

My startup is in the process of building an ecosystem for an organized generator maintenance company which will connect and network technicians, customers, lubricant and spare part dealer and other important players just like many internet platforms like bolt, uber, jiji, task rabbit and many innovative IT businesses are doing presently.

We employ a subscription business model to enable us extract profit and regular Cash flow from our customers and subscribers and to secure future and continuous patronage.

Rough Financial Estimate

In a country with over 60 million generators (according to Bloomberg), if we can successfully get patronage from 0.001% of 60milliin gen users @ a net profit of ₦500 that will equal ₦30 million in recurring monthly net profit. And I'm being extremely conservative with my figures.

In a nutshell
A successful business of this kind is what Peter Thiel describes as zero to one. Once executed perfectly with the right amount of start-up capital it can guarantee financial freedom. I've done a pilot test on the business model in the last 7months and I'm convinced this is the next big thing.

Call or WhatsApp me on 0909 six 1 zero 3 one 9 six

themayor4542:

Hi. I'd like to find out if you eventually got the mail.

Positive. I got it. Will give u a response soon

themayor4542:


Sent.

Not delivered.

Recheck: ijongomichael@gmail.com

So I run a startup company in the service industry. We operate a business model similar to platform companies like Google, Bolt, jiji with great potential for scalability and wide customers acceptance.

To avoid idea theft I'm avoiding disclosing details of our business model on a public space like nairaland. However, we are in the market to raise funds for expansion in exchange for equity (ownership) in the business. And so this post is for individuals who are looking to invest their capital in a real business.

If interested WhatsApp me on 09096103196, I'll be glad to give you a video presentation of our business model, milestones achieved, financial returns and expansionary plans. Don't pass up on this offer. I'll add more info as the thread progresses with feedbacks.

themayor4542:


Thanks for reaching out.
But it will be honestly difficult to give you an estimate as i don't know what your budget and purpose is.
Perhaps i can send you the comprehensive rate card that comprises of all options,time belts and how much they all cost.
Please kindly send a Pm or drop your email address so i can get it accros to you. That way you can make a more informed decision.
Thanks again for your enquiry.

That'll be great. Ijongomichael@gmail.com

themayor4542:

Depends on the interested station and time.
For example,the rate for Lagos stations differ from other stations. Timing is also a very crucial factor to consider. So do let us know what exactly you have in mind so you can be appropriately advised.

Wazobia or 9ja info in Port Harcourt. Give me an estimate or sth

Accountantikye:
guys I just opened survival fund site clicked manage profile, only for it to display no registered company
as against what it used to display before
any hope my people

We've been cast out buddy! Program's closed. Welcome to Nigeria

Aremoola:
with the comments above, I only deducted the following:
- some C. E. O are greedy, in a situation where you pay your staff below 10k monthly and you still expect them to return the 30k survival fund so u can dash them below 5k. Employee will abscond, I have a case study of a private school around me.

- survival fund is Wrongly channel: some people have a dormant CAC certificate and at such they don't settle any employee rather than friends and their subject. Na dem dey ask 'is it your money'? meanwhile, survival fund is to assist Small and Micro Investment.

- ideal investors: if you have a genuine investment and live after survival fund, your employees can never abscond.

above all. the initiative is to lift Nigerian out of poverty, which ever purse the money enters, it will serve it's purpose. it's a grant and not loan.

just my opinion...

Well well well... Boy are we back to this debate again!

Each person speaking from whichever side of the divide they happen to stand but somewhere in a corner of their minds everyone knows that objectively speaking the business owner has the right of way.

But where he dey pain me be say I'm yet to even receive shishi from this people! Tekzyflex et al, any hope for us?
They are declaring some states closed already. What's the way forward?

What does it cost to run a regular marketing ad on there?

smsinnigeria:
Hard work pays.

How much per unit? I'm very much interested. You can leave ur WhatsApp contact if u prefer we converse privately.

Shawl001:


Sir,
It snot just you. There are many out there who hasn't been paid too.
One thing I know is this, if all your statuses are verified, they will definitely pay you...the time is what I don't know.

You sound very certain and confident about the delayed payout. Are u one of their staff or you know something the rest of us don't because I've decided to give up after today, if payment fails to trickle in.
Since I got verified both online and phone call nothing has dropped yet.
What's the sense in releasing 3rd payout when many are yet to even receive 1st payout. This country tire me.

Nezy4Real:


na till January 25th oooo

What's your source?

Virus99:


And boom boom boom ! Last night.
50k each for all my 8 staffs.

You registered 8 staffs in total?

Fibonacci88:

I don't think d 50k is for the employer. All my employees were paid 50k except one who received 30k. I think it has to do with d amount on payslip.

Are your staffs salaries (apart from the one that received 30k) higher than 50k?

Fibonacci88:

First payment

What time did you receive the funds and how many of your staff were paid?

Virus99:
I just finished receiving their call now. Very interesting chit chat between me and the lady.
I asked when they will pay my staffs she said this week. That will try to pay everyone before Xmas

I got called minutes ago too. Mine was pretty evasive with the question, though she was polite anyways.
We'll all get paid eventually.

Realsufi:
That is why government didn't pay the money to employer account

Seeing that you are an employee, I can understand your sentiments. But understand the following:

1.The fund is called payroll support because it was meant to support employers of labour who have been through a rough patch during the pandemic.

2.To ensure the money is used for the payroll of staff is the only reason they requested staff account details.

3.The goal is to ensure that businesses stay afloat and not layoff staff due to payroll burden caused by the pandemic.

4. The objective is not to dash you money. If you want free money check the other covid households relief schemes that are running simultaneously with this one.

You are pissed because some employers like school proprietors are making profits from this. Don't be an entitled or jealous individual. Running a business in this country is like living a block away from suicide, freaking difficult especially in the early phase.
When your employer makes a loss, you get paid your complete salary and take no part in the loss. So why wail and lament because he makes a profit?
You should probably start a business of your own and I bet you'd sing a different tune. Act like a real Sufi mystic friend!

favoryourl:

The next day

Was that the case with you? You were paid the following day after phone verification?

General question to those who've been paid. What's the length of time between the phone verification and disbursement of funds. Please help us identify a pattern

Whats your location?

Where do you reside?

Tobioba1:
They are still calling for next batch payment let be hopeful,they called some guys few minutes ago.

Yea, phone call verification is still ongoing. Three of my employees were contacted earlier today although I haven't been contacted myself. Let's keep some steel in our backbone and stay positive as we look forward to payment.
#stay_positive_CEOs

shyenar999:
Why is my application progress track not full even after I had completed the whole application

It will once all the bank account details and CAC number you uploaded have been verified.

CHOMMY4CHRIST:
I as the CEO and a staff received 50k while the rest received 30k.

Please when were you paid and how many of your staff were paid?

Kaeboy:
Just a simple schedule displaying name, designation, salary, amount received, date and signature, with a heading "schedule of salary payment for the month of x". Then the schedule will be duely sign and stamp by a principal officer.
That's it.

Ok. Thanks

Kaeboy:
No but I'm a principal officer that have access to company's account, so I received the alert. But how are they even selecting who to give 30k and who to give 50k, definitely not by the amount on the pay cheque uploaded.

I pay all my staff in cash. Plz can I see a sample of the payroll slip you uploaded to help me create mine. I've uploaded all the required documents apart from the payroll stuff

Go on a 7day water fast. Thank me later

Novel007:
I'm here to encourage everyone that is yet to receive his or her ROI to exercise little patience as MBA still pays and will continue to pay. I got paid ard 5pm today. It will definitely drop.

What's your branch and due date sir?