taxiappguy:


You have to remember i don't have all the facts of the situation, only that which you have written.

I understand you want a big piece but it's important to not bite more than you can chew.

First, resigning your job is a really big step, many have done it and prospered and many have done it and tanked. The difference usually is, how prepared were you before you resign. I mean savings, rent security , contacts and whatever else you may need while you are transitioning between phases.

Be sure you are ready before you leave your current job.
You don't want to resign and then get desperate. Get as much as possible in place before you resign.

You say, your business is budding and you cannot survive on the proceeds right now, so I assume you are not making a lot of money from that just yet.

Your business will surely need cash infusions once in a while.
And so will your Hire Purchase, from time to time you may need to put your own money in it. Not yet talking about personal and family expenses.
That might be too many things tugging at you.

With hire purchase, of course you will make money, but the margins might be very very small considering the terms in HP.
Not saying HP is bad, you are going to be taking on great responsibilities with it. And we on this thread want you to succeed.


I would have said;

Resign your job, come to Lagos and find a rental contract for the first 3-6 months. So you can understand the terrain and also to give your business some time to grow. Then after that, you can look for hire purchase.

Right now, you can busy yourself with:
-How to establish your business in Lagos after resigning.
-Getting a driver's license.
-Learning how ride sharing works(you can go through all 700 pages of the thread or you can learn from Taxi App guy, we also teach you how to ace the Uber exams).
-Getting ride share contacts (drivers, partners etc).

When you are sure of all these, then make the switch.

But...

Thank you for this boss, will do well to contact you Asap

Its been a long read so far but also Educative. Please i have a few practical questions;


I am based in Lagos but i currently work in the East. I am planning to resign and move back to Lagos so that i can focus on my budding business.

I am planning to start Uber/Taxify on the side......... (I don't have a car yet), so i am intending to take a car on HP.

Of course, I cannot survive on my business yet as its still at its infant stage. Hence me wanting to start Uber.

From experience, do you guys think its a good idea to resign and start Uber?? This is cus i also feel it will afford me opportunity and time to also run my personal hustle

+2349086750941 please add me