₦airaland Forum

@EMMA

Thanks for the response.

Can you do a business plan for the $30k investment? Just a simple plan that shows all the initial expenses, running expenses and the potential income say over the next 3 yrs.

I think you should look at 10 investors @ $3k each or 6 investors at $5k each.

Let us see if we have enough people that will show interest. We can create a WhatsApp group to discuss how to manage the legal aspects to secure the fund and interest of investors. It may be a kind of partnership, cooperative or something like that. If we have enough people, we may also meet up in Lagos or Abuja.

If it works fine, I am sure many Nairalanders would be happy to join in the nearest future, and we can actually scale up from Dropshipping to actual store owners on Amazon.

@EMMAACHILE

Thanks for sharing. It is really nice to know that there are still some Nigerians willing to help others without any underlying agenda. I really took time to read through all 15 pages so far.

I noticed that you mentioned that the profit would be more if you invest $20 - $30k, and you also hope to open your own personal store soon.

Therefore, as a full-time working class person, my own question is this:

1. Is there a possibility of accepting other investors to your current group of four people that invested $2500 each?

2. Alternatively, would you be willing to set up another group, and allow other investors to join? I think you could charge a percentage of the monthly profit as your bill, just like a fund manager.

I want to believe there would be enough people here on this forum who may be interested in the Amazon dropshipping opportunity but unlikely to have time, hence would rather just be investors.

I look forward to your response.

Cheers.

Specifications? What exactly does it remove from water? How long is it expected to last? Do you just throw it away afterwards?

These are the info you need to provide when selling a technical product like this.

@Poster

I can see that you can receive over 3000 views since you posted this message, and you are yet to get the required help. It mean that you have been unable to convince most of the people that have read your post, especially considering the very high tendency for scam in an online forum like this. I would therefore suggest that you provide the following information for people to assess you better:

1. Where are you based, and where is the company that produces/supply the products located?
2. How long does it typically take you (alone) to sell all the product, and what profit do you make on the N67,000 worth.
3. Is it compulsory that you must procure the 2 different products from the company, and does one sell faster than the other?
4. Why do you need to employ 2 additional people at this stage, since it would eat into your profit?
5. Have you really exhausted the option of borrowing from friends and family who actually know you before soliciting from help from strangers?
Don't forget that your friend was willing to give you the product without taking from the profit, but it is unlikely that a stranger would do this.
6. Have you tried a microfinance bank around where you live, as they usually give this type of loan, but of course it would reduce your profit.
7. Since you have an NYSC Certificate, it implies that you are a graduate. So what is your qualification and area of specialization?
8. Are you willing to provide the following as collateral? 1. Original copy of NYSC Certificate 2. Photocopy of valid ID. and 3. Passport photograph.

Meanwhile, some earlier posters seem to be interested in helping you, including Debaj10, who you seem to be upset with. But believe me, a lot of people have been scammed on Nairaland including myself, so do not take it personal if they seem to be asking for a lot. Since you are the one looking for something, you cannot afford to be rude to people at the same time.

While I am not promising you anything, I believe that the response to the above question may help some people in taking a second look at your request. But you need to understand that a stranger is likely to assess this more as a potential investment than just giving you their money to make profit alone.

Cheers.

@Poster

While I think that your proposal is quite reasonable and doable, you may need to consider the following to get reasonable response:

1. Being an online business, you cannot be anonymous and expect money from total strangers, as risk of scam is high. You need to provide more info about the people behind the business, background, qualifications, etc for people to have more confidence or do a background check if needed.

2. $10,000 Is not a lot of money, hence you need to keep the number of investors minimal at this stage. Ideally, you should be looking more at a group of friends and family. Once the business is established, and you need to expand further, you may then invite outsiders.

3. The 20% equity you are offering long-term investors who are expected to fund most of the investments is just too low, as this is a start-up.

4. The proposal to offer 50% over 10 months to short -term investors does not seem realistic, as you are yet to start making any money, and it is too early to predict your sales. Hence, this option is not advisable at this stage.

In summary, while $500 per investor is ok, you need to concentrate on mainly long-term investors, who should be preferably friends and family. If however you need to go outside that circle you may need to prepare a proper investment brochure for potential investors containing more details including your projected income and expenditure over 5 years among others. Just look at it as private placement.

@ Ahahnow:

Some people already do that. I have colleagues from Mowe, Sango Ota, Ikorodu, etc who come to work on the island with these sort of arrangements. The drivers are often staff of companies going in the same directions, and they simply look for people around their area whom the pick up with their car for a fee. I also have a colleague who intentionally bought a bus, instead of a private car and used to carry other people along when coming to work for a few, and some of them when going back in the evening.

So, you may try to find out from your neighbors or colleagues first, if such arrangements exists, or take up the business idea as you mentioned. It may be worth taking a driver for. Just consider it as a privately-owned staff bus.

@Poster

I believe you need to provide more details about your proposition for a serious business like Microfinance Bank. These type of transactions cannot be done on the phone with a total stranger.

It is unlikely that anybody would take the posting serious without spelling out your expectations and rewards. You can still do this without specifying specific details about the bank like exact name, location, etc.

Cheers.

I think you should consider crowd funding to minimize the risk and maintain the controlling share of your idea.

And you need to get a patent soon, if you suceed!

Good topic!

I actually posted a topic on young science/engineering graduates learning technical skills sometimes in 2016 and 2017, but did not get enough response. Hence, rested my case.

If you are interested, you may check the link:


I am still interested in partnering with any young graduate willing to learn skills related to sewing machines repairs or repair of electronic household appliances.

You can contact me at kunlad(at)gmail.com

I am also trying to get their contact for about 5 years now, but to no avail. They have been difficult to reach since they moved from their TBS office to the Mowe site. I wanted to ask them to help sell off my plot.

I have my own survey and Deed of Assignment though! It is surprising that the estate with the same name around Ibeju Lekki is claiming not to know them.

However, the names of the properties owned by the poster seem to be the same. Is it the same company that has now changed name?

As many of you may have known by now, Nigeria keeps churning out tens of thousands of graduates every year for almost non-existent white collar jobs. To make matters worse, the last 2 - 3 years saw many companies collapsing or scale down their operations due to the recession, hence the already scarce jobs has become even scarcer. Hence, with so many qualified and experienced people currently out of job, the chances for fresh graduates becomes even dimmer.

However, at the same time, there are a couple of opportunities in Nigeria that are being occupied by workers from neighbouring countries, while Nigerian youth are crying for job. Don't you think that it is time to take a second look at these so-called lower level jobs?

Lack of adequate vocational training has created a lot of opportunities in the technicians cadre, with very few people - especially educated people - venturing into them, despite the high demand. Hence, it is technicians from Benin Republic, Togo and ivory coast that are mainly filling these roles in Nigeria right now, especially in Lagos. Some of these jobs are as listed below:

1. Fashion Design: It is no secret that most of the good fashion designers in Lagos (male and female) are of Cotonou and Abidjan origin. This is a skill that can be learned and you easily set up yourself after your service year. If you choose to attend a proper fashion school, in just 6 months, you can learn enough to set you up, although it is not cheap. A cheaper option is to learn from roadside tailors, but you may need at least 2 years to learn something tangible. However, many ladies laid off by various companies, especially banks have started venturing into this en-mass. Hence the market may soon be saturated, although if you have passion for it, you would still thrive.

2. Household Appliances Repair: You would be shocked by the amount of household appliances that had to be thrown away yearly due to minor faults that can be easily repaired, but there are no repairers around. I have personally has to throw away washing machine, refrigerator, microwave ovens, several blenders, dvd player, decoders, inverters, rechargeable lamps, and several other electronic appliances just because I can't get them repaired. The fluctuating power supply from PHCN does not help matters as it always tend to blow up these appliances. With the current exchange rate to US dollars, prices of these items are so high now that you almost cry if they get damaged, as they are not so easy to replace anymore. Can you imagine how much money to be made if you can learn this skill, especially if you have a science or engineering background? You not only make money for yourself, but also help your client save money, and you also contribute to saving the planet, as there is less electronic waste.

3. Refrigerators and AC Repair: Although this is similar to item 2 above, the technology for refridgerators, freezers and air conditioners are very similar. Right now, the number of good technicians in this field are also very limited. Hence, if you learn this skill, there is a big market for you to tap from.

4. Sewing Machine Repair: With the rapidly expanding fashion sector in Nigeria as mentioned in item 1, also promoted by promotion of "Made in Nigeria" clothing, there is no better time to learn how to repair sewing machines, both domestic and industrial. In fact, all the technicians in this area right now in Lagos are very overwhelmed by the volume of work, hence they disappoint most times. Many are also not so educated and very unreliable.

5. Generator Repairs: I have consistently used generator technicians from Benin Republic for over 10 years now, because they are simply the only ones I know that understand what they are doing. The few times I had tried to use Nigerian repairers have ended up in disasters. Hence, I believe it is a good time for our educated youth to venture into this, as the rewards are enormous, considering the epileptic power situation in Nigeria. It is an open fact that even the poorest homes would have at least 1 small generator.

In conclusion, I believe that the youth service year is a golden opportunity to acquire a skill to get you self-employed or employable after the service year, while waiting for that elusive white collar job. By the way, most of these skills will make a lot of money for you even if you have the opportunity to travel abroad, as you would make more money there than most white-collared job over there, as you charge for your services per hour, and you have total control over your time. I have seen many ladies learn fashion design and hair dressing just before relocating abroad, as they are very lucrative over there, especially where you have large Nigerian/African community.

On a personal note, I am interested in item 4 from my list above as I have someone close to me running a fashion school. Hence, I fully understand the demand and market for the service. Hence, I would like to make a proposal that if any youth corper with either Physics, mechanical or electrical engineering background (HND/B.Sc) is willing to learn this skill, I will be willing to set him/her up after youth service, as I plan to set up a training/repair centre in the Lekki - Ajah axis of Lagos to train people on these. I will engage the person as an instructor if I am convinced of the level of training is sufficient. You can learn from the repairers in Idumota, Lagos Island where they sell the tokunbo sewing machines, as they often work on them before selling. I believe that with your level of education and additional research on the internet, you can have a good grasp of this in less than 1 year.

I am also interested in Item 2, because I can also see the demand for this. Most of the older repairers are finding it difficult to cope with the new electronic technologies being used now. So, someone with electrical/electronics background should be able to learn this skill in a short time. I can also include that as part of the curriculum for the training/repair center.

Hence, if you are interested in any of the two options above, you can drop me a WhatsApp message on 08059859728 or send email to info(at)aquilaconsults.com. I should be able to follow up with you and advise on how to go about it.

Cheers.

Why not organise trainings instead, and include your book and required tools as part of the package? Computer repair requires practical training, and most people cannot learn from reading books only.

Blue Mitsubishi Outlander in good working condition for sale. Leather interior. Automatic transmission.

Mileage: 165k
Price: 900k negotiable.
Location: Victoria Island/Ajah
Phone: 08157511734
WhatsApp: 08059859723

Interested. You need to drop your contact details. Also, what guarantees are you willing to offer investors?

What type of training are you looking at? Vocational, professional, IT, etc and what specific topic?

How much?

What types of electronic devices can you repair?

What types of electronic devices can you repair.

Why not real estate to start with. Then the profit can be invested in other businesses such as agriculture or manufacturing.

This is how I think it can work:

N1 billion can construct:

100 units of 3-Bedroom bungalows at 10 million each (terrace or semi-detached); or
40 units of 3-Bedroom Semi-Detached Duplexes @ 25 million naira each

The above prices already includes the land prices and considers fairly good location in a city like Lagos and decent finishes for the buildings.

These could be easily sold to working class people who would make installment payment over 5 - 10 years, with interests. The building would not belong to the occupant until the payment and interests are paid in full. If the purchaser defaults, they would loose most of the money already paid. Hence, minimal risks to the investors.

In addition to savings or discounts from bulk purchase of materials, profit would easily be made from the interests that would have been paid by purchasers if they were to be paying to the bank. With current bank interest rates above 20% per annum, that on its own is good cash flow for the investors. Also, the value of the properties un-sold would appreciate with time.

Skye Shelter Fund (By Skye Bank) raised only about N2 billion (I stand to be corrected) in their IPO to invest on properties to be sold and rented, and they have consistently been paying dividends of between 5 and 10 % annually since a year after. So, I don't see why a co-operative focused on real estate investment, and less overhead cannot achieve the same feat.

akeusola93:
Sir am seriously inneed of a job. Am a graduate with a very good result and i finished serving in april at National Cereals Research Institute under rice research program, after which i went for a 6month greenhouse technology training in Ogun-osun River Basin Development Authority. Am very very good in dat analysis, interpretation, calculations, accounting and in biotechnology activities. Please sir i would be very glad If you can help me. I graduated from Federal University of Agriculture Abeokuta with second class upper (4.11) in plant breeding and seed technology (biotechnology) . God will continue to bless you as you help.
I currently stays in Ibadan. Am ready to work anywhere.
Thanks. One gud opportunity is all i need to show what am capable of.
08139758648
Akeusolaabimbola@gmail.com

With your qualification and training, I don't think you should be looking for data analysis, calculation, accounting or desk job, as it will jist be a waste. Plant breeding, rice research, greenhouse technology, and seed technology all look like viable business areas to me. I believe you should be thinking of applying your knowledge to set up a business around agriculture. What I expect is for you to come up with a business proposal, and you may now seek for partners or financiers for your plan. Any graduate in agriculture-related areas should be seeking to be employers rather than office employees in Nigeria of today, because there are so much opportunities there.

My 2 cents!

Please post the pictures here. Where is the location and do you have all the receipts? I may offer you a bid for all the items.

There are vacancies for Civil Engineers for part-time jobs.

Job Description

1. Preliminary design of Buildings, steel works, shelter, equipment foundation, based on conceptual/architectural drawings to be able to do architectural and structural materials calculation.

2. Taking of quantities from civil and structural drawings including buildings, steel structures, roads, drainage, etc to prepare Bill of Quantities (BOQ) or Bill of Engineering Measurement (BEME).

3. Review of specifications for civil works to determine the materials to consider.

4. Knowledge of materials for HVAC, plumbing and electrical will be an added advantage.

Requirements:

1. Must have a minimum of HND/B.Sc in Civil Engineering
2. Must be able to use relevant building design software and AUTOCAD.
3. Must have engineering design and construction supervision experience of complete building and associated facilities.
4. 1- 5 years experience. Fresh graduates or Youth Corpers may be considered if you can prove relevant experience during Industrial Training or Youth Service.
5. Must be resident in Lagos, and preferably within Lekki-Ajah Axis, as the work will be based around Ajah, although you may do part of it from home. You may be requested to mobilize or for project meeting at short notice.
6. Not more than 32 years old. May be male or female.

Please note that the job is purely on contract basis for short period at each time. Each batch of work would be for 1 to 3 weeks. Payment will be between 10k to 15k per week depending on your experience. More than one person may be required at a time, but maximum of 3 people will be chosen.

If interested, send your CV to info(at)aquilaconsults.com.

Successful candidates would be required for a short test to determine their capability before the first task is assigned.

Last price? How much will be delivery to Ajah?

harqyn:
Pls help a brother. I have M.Sc
Environmental and Petroleum Technology
Management, B.Eng Chemical Engineering
(2:1), Advance Professional Diploma in Oil
and Gas Management(Credit).
Professional Certificates; Onshore Offshore HSE Level 2, QHSE Supervision
Course Level 3 of 3, Confined Space Entry
Course, Facility Management and
Maintenance Course, Maintenance
Technology Course, Project Managers
Course(PMP), Offshore Drilling and Operations, Emergency Management
Vanguards. pls i dont mind any vacancy.
Am based in PortHarcourt, Lagos. Am
always ready to relocate. Thanks for
anticipation.
akinmichael20@gmail.com/08139718885

What exactly is your area of specialisation and how many years of working experience?

Tech gurus,

As part of a market survey, which components of electronic appliances (excluding computers and mobile phones) do you know that usually needs to be replaced, but cannot be easily sourced from the Nigerian market?

Are they often related to a particular brand or are there some general products with these common issues?

Your answers would be highly appreciated.

What is your work experience in? Are you good in practical electronics?

moyesdeji:
Good day house. I am a graduate of elect/elect Engr. With total work experience of 21months. Finished NYSC in 2014. But since Jan 2017 i have been out of job. Got invites for job interviews but wasn't allowed to write just because i finished with a third class in the university. Not justifying the fact that i disgraced only myself way back in university, all am saying is this, isn't there no hope for employing third class graduates at all? Are there no organisations that are willing to give people like us the chance to prove to the whole world that even though we messed up big time way back, we are more than willing to make up for? And am still very certain that many third class graduates are of the same IQ level as those that made even the first class grades. Just misplaced priorities that's caused me soo much now. What wnt i give to turn back the hands of time and change my 3rd class grade to even a 2nd class lower?

Are you good at repair of electronic appliances and inverter? If yes, you can send your CV to kunlad(at)gmail.com.

You can also check my posting https://www.nairaland.com/3940161/reducing-unemployment-among-youth-nigeria to see if you can fit in my plan.

geesunge:
A graduate of Electronics and Electrical Engineering, base in Ibadan but ready to relocate. I have wealth of experience in Inverter design and solar installation. Also good in both analog and digital electronics. I need a job anywhere in Nigeria or abroad. 08069818655

Olaomoolopa:
Mr kunle can u please send me your mail and number u can reach me on oladimejilasisi@Gmail. Com

kunlad(at)gmail.com, Whatsapp 08059859728

@Walexz

Actually, there are many other options that are also very good technical disciplines that I didn't include. That does not mean that they are also not good areas. The ones I listed are the ones that I personally have had issues with getting the right personnel around my area. But I would also add the following:

4. Plumbing Technician: While plumbers are not that scarce, good ones are not easy to come by. One would think that this is very easy until you have had to replace your pipes or taps about 3 times within a period of 6 months. I expect an educated person should be able to learn most of the required skills in a short time.
5. Generator repair: Even though the technology has not changed so much, generator service and repair requires some technical skills which needs to be learnt from an expert. Just as we have good and bad auto-mechanics, there are also many quacks in this, which creates a huge gap if you really took your time to learn it well. The demand for this will be high for the forseeable future, as we are yet to get a solution to our power problem in Nigeria.
6. HVAC-R: This includes, but not only A/C and refrigerators that I mentioned in my earlier post.
7. Welding & Fabrication: Definitely, if you want to be able to fabricate steel structures such as sheds, warehouse, or even oil and gas structures, this is very useful skill that can be very lucrative. However, the drawbacks are that you may need some international certifications to be able to practice at that level, which makes the training cost to be relatively expensive. Also, most of the times, people learn this with the hope of getting employed by construction companies or fabrication yards, since the cost of setting up may also be quite high. I am trying to focus more on skills that you can get trained on in a very short period (3 - 6 months) and almost start earning immediately.

These are the ones that I can remember immediately. But others can also add theirs.

@HVAC Specialist
I will definitely keep in touch once I am ready to start. Although, my main reasons for choosing the first two, i.e Electronics Repair and Sewing Machine Repair are because they are less bulky, and will generally require less space for practicals. I can also easily source them around me. The same reason I did not include generators repairs or even auto-mechanics.

@400billionman

Yes you are right. But while it is difficult to ask parents not to send their children to higher institutions, it doesn't hurt anybody to learn additional technical skills just in case. It is usually much easier to start up and be making some earnings with these skills rather than waiting for years for the job that is not available, and living on your parents. The skills may also enhance your employment with bigger companies later, especially if it is in the same field of study. I used to know a very Senior Electrical Engineer, who although owns the company, used to be involved with his technicians for installation works on the field when they collect a house wiring contract. Not only can he not be cheated, he would actually make more profit because he is also a field man himself.

Also, imagine a Mechanical Engineer with the hands-on technician experience applying for Maintenance Supervisor or Manager in a company with fleet of vehicles. He is definitely going to be way ahead of his competitors without any practical skill when applying for such a position.

Pictures?

How much is the service charge?