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What Was Your Initial Seed Capital? - Business (7) - Nairaland

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Re: What Was Your Initial Seed Capital? by MummyD2020(f): 9:08pm On Sep 28, 2021
raymondhillmimi:
Mine was 100k in 2020 Now worth 300 million dollars! Ndi Ara..

I don laf tire

1 Like

Re: What Was Your Initial Seed Capital? by Austema(m): 9:10pm On Sep 28, 2021
Chuky7:
Seed capital that's the money you used to start your business

Mine was 1 million seed capital for investment and now.

4 years, the business now worth more than 20 million.
Opp I cant hide my own, is better I said it than to die of hunger, abeg give me smalll thing for my Account . any amount at all.

2263648432(ZENITH)
AUGUSTINE JOHN

Thanks so much
Re: What Was Your Initial Seed Capital? by SeaTrade(m): 9:28pm On Sep 28, 2021
Nwatachoba1:



Congrats

Mine was 10k,my boss settled me with 150k in credit (people owing me),could collect just 10k...

That was during corona

Am just trying to build my own drink business
What kind of drinks are you into and where?Very curious.
Re: What Was Your Initial Seed Capital? by Gfskw: 9:46pm On Sep 28, 2021
Really
Re: What Was Your Initial Seed Capital? by kaeycea(m): 9:50pm On Sep 28, 2021
Re: What Was Your Initial Seed Capital? by kaeycea(m): 9:51pm On Sep 28, 2021
Uchek:
Can you email me: ukoparah@gmail.com. I want to get into cryto investment.

https://www.nairaland.com/6318352/crypto-currency-investors-thread
Re: What Was Your Initial Seed Capital? by kaeycea(m): 9:52pm On Sep 28, 2021
Re: What Was Your Initial Seed Capital? by BabaIbo: 10:24pm On Sep 28, 2021
I won't doubt it, it is possible because a lot of businesses made boom sales during corona period.

Some businessmen bought houses, cars, settle their loans/debts/overdrafts etc immediately after the covid boom sales.

I won't mention the amount involved in my case here because of security reason.

All I will say is, it has multiplied over 4 to 5 times in size and it will clock a year old soon.
Re: What Was Your Initial Seed Capital? by WantsandMore: 10:47pm On Sep 28, 2021
Volkswagen90:
U fit help with that info? Make brother man too boom
Like JBL
Re: What Was Your Initial Seed Capital? by Kfed4ril(m): 11:06pm On Sep 28, 2021
Chuky7:
Seed capital that's the money you used to start your business

Mine was 1 million seed capital for investment and now.

4 years, the business now worth more than 20 million.

Nice, congrats
What business are you into?
Re: What Was Your Initial Seed Capital? by Nobody: 11:07pm On Sep 28, 2021
SeaTrade:
What kind of drinks are you into and where?Very curious.

It's mostly foreign drinks .. whiskey, brandy,vodka,red wines,fruit wines,alcoholic bitters etc

Base in lagos

1 Like

Re: What Was Your Initial Seed Capital? by SeaTrade(m): 11:36pm On Sep 28, 2021
Nwatachoba1:


It's mostly foreign drinks .. whiskey, brandy,vodka,red wines,fruit wines,alcoholic bitters etc

Base in lagos
Where in lagos?
Re: What Was Your Initial Seed Capital? by iLegendd(m): 11:50pm On Sep 28, 2021
PerfectlyPerfect:

Igbos=Drug
Yoruba=Scam
Hausa=Terrorism.
All the major tribes are well represented in spoiling Nigeria's name abroad

Let me help you with more.

Igbos=Drug and Business
Yoruba=Scam and Music
Hausa Fulani=Terrorism and Politics

6 Likes

Re: What Was Your Initial Seed Capital? by Ralphshavin(m): 12:52am On Sep 29, 2021
ojasweb:
I started my company when I don't know anything about business. Absolutely zero knowledge of business.

Though i had some money when i started it, but i haven't work on the business. I have made money but i won't really attribute it to the business.

Planning to start working on it from next year with 1M as a seed capital.

Update:

Quick answer about the type of business i do.

I am a Google advertising specialist with positive track records. I am planning on investing some money into building my agency.

The money will be invested on expanding brand recognition and payment of staff for the first few months.
Hi there, I'm currently taking google ads display certification online course... please do you have any information on how to put my knowledge into practice after completing the course?
Thanks in anticipation for your response... cheers
Re: What Was Your Initial Seed Capital? by Cardealer2021(m): 12:52am On Sep 29, 2021
libertyfather:


Pls teach me crypto
I can teach you also
Re: What Was Your Initial Seed Capital? by ojasweb(m): 2:31am On Sep 29, 2021
Ralphshavin:

Hi there, I'm currently taking google ads display certification online course... please do you have any information on how to put my knowledge into practice after completing the course?
Thanks in anticipation for your response... cheers

Check this my thread. My journey might as well help you.

https://www.nairaland.com/6768398/experience-google-ads-specialist-nigeria
Re: What Was Your Initial Seed Capital? by Loyalty100: 5:45am On Sep 29, 2021
IbileIfe:

Mine was started with N100, 000 and the current total worth is more than US$15M.
It is a limited liability company (LLC).
I have two developers in Asia.
I own all the shares, because the other shareholders failed to fulfill their financial commitments.

boss support me to start uber business please, I will pay returns in installments sir
Re: What Was Your Initial Seed Capital? by Loyalty100: 5:48am On Sep 29, 2021
BabaIbo:
I won't doubt it, it is possible because a lot of businesses made boom sales during corona period.

Some businessmen bought houses, cars, settle their loans/debts/overdrafts etc immediately after the covid boom sales.

I won't mention the amount involved in my case here because of security reason.

All I will say is, it has multiplied over 4 to 5 times in size and it will clock a year old soon.
please support me boss, I have good business ideas but no capital.
Re: What Was Your Initial Seed Capital? by Nobody: 6:17am On Sep 29, 2021
SeaTrade:
Where in lagos?

Balogun(lagos island)

Why asking?
Re: What Was Your Initial Seed Capital? by SeaTrade(m): 6:36am On Sep 29, 2021
Nwatachoba1:


Balogun(lagos island)

Why asking?
Cos we can both help ourselves out. wink
Will reach out to you soon,
Re: What Was Your Initial Seed Capital? by Nobody: 8:00am On Sep 29, 2021
SeaTrade:
Cos we can both help ourselves out. wink
Will reach out to you soon,


How? Where u base?
Re: What Was Your Initial Seed Capital? by SeaTrade(m): 8:02am On Sep 29, 2021
Nwatachoba1:



How? Where u base?
Southern part of the country.
We kind of have similar interests,
Will talk to you later on it via mail.
Re: What Was Your Initial Seed Capital? by Nobody: 8:09am On Sep 29, 2021
SeaTrade:
Southern part of the country.
We kind of have similar interests,
Will talk to you later on it via mail.

Oh ok

Ndi DSS(just kidding) .... from southern part of Nigeria
Re: What Was Your Initial Seed Capital? by Machol: 9:17am On Sep 29, 2021
Can you help me with IG advertising please? Please write to me on da4kstore@gmail.com if you can. Thank you

Offpoint1:

mind I tag along you? I'm well knowledgeable about the Facebook advertising and little knowledge of Google advertising... I might learn one or two things from you.
Re: What Was Your Initial Seed Capital? by bepositive11: 1:21pm On Sep 29, 2021
FreeIgboho:


Exporting food

That's interesting. Thanks for sharing
Re: What Was Your Initial Seed Capital? by Offpoint1: 2:38pm On Sep 29, 2021
Machol:
Can you help me with IG advertising please? Please write to me on da4kstore@gmail.com if you can. Thank you

Yeah, Kindly send me a whatsapp message 0.9.0.5.5.4.0.2.0.7.2
Re: What Was Your Initial Seed Capital? by FreeIgboho: 3:08pm On Sep 29, 2021
bepositive11:


That's interesting. Thanks for sharing

And a bit into oil and gas

1 Like

Re: What Was Your Initial Seed Capital? by SeaTrade(m): 4:13pm On Sep 29, 2021
Nwatachoba1:


Oh ok

Ndi DSS(just kidding) .... from southern part of Nigeria
Igbo guy doing business in the South is what I mean.
DSS lol grin
Re: What Was Your Initial Seed Capital? by Sezua(m): 6:18pm On Sep 29, 2021
FreeStuffsNG:

@ bolded gives you away as not familiar with business negotiations .

How many businesses do you have and how many have you sold sir? wink How many businesses do you know that sold for the price it demanded without negotiations ?

And as the business owner, if you can't have a minimum estimate based on your understanding of the investment you have made in the business , who then will?
In business negotiations, there's nothing like "nonsense!". It's all about the power of negotiation but you must know the least price since there's no cap to how much you can place on your business.
This picture is a summary and the house your business.

Are you selling your business to yourself?
Re: What Was Your Initial Seed Capital? by Nobody: 7:11pm On Sep 29, 2021
SeaTrade:
Igbo guy doing business in the South is what I mean.
DSS lol grin

No wahala bro

Am up for business anytime, anyday..
Re: What Was Your Initial Seed Capital? by SavageResponse(m): 8:06pm On Sep 29, 2021
exclusive7:

Omoo una just dy off me for this thread. So your trying to say, I can't make 20m from a 1m business in 4years legally... The smallness of the minds of must of the comments here is just blowing my mind.. Please sir, just few lines above your comment, someone has 5.2m in goods without taking current stock from a 400k seed capital, no debt, all his or hers.. Hoe many percent increase is that? Please don't try to put the smallness of your mind on other, people are making this money legally, putting the thinking, hitting the right market.. Don't trouble us with your myopia

The comment the guy made is very valid.

It is not very likely a business can experience that type of growth in just 4 years based on a capital of just Naira1 million.

You people should learn to be realistic and logical in reasoning!
Re: What Was Your Initial Seed Capital? by jackie111(m): 11:25pm On Sep 29, 2021
Ok
FreeIgboho:


And a bit into oil and gas

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