Ehen nah

There is a reason your importation thrived, while your manufacturing failed...

Learn from the signs... dont cut corners on importation and you wont get burnt, but it's the safest business one can run, especially on non-perishable.

Truth is bitter, business is for everyone, sometimes it's luck, sometimes the timing and unexpected circumstances may be d issue
Watch my shorts
https://youtube.com/shorts/zy3CpwqXiy8?feature=share

Na who give up Bleep up

Onahi95:
** Fifth Experience**

By now I was legit scared of business that I had to abandon it and seek for admission into the university. If at that I didn't stop trying

I was home for a break in school so I looked for something to do to earn money for the main time. A friend of my mom was selling bar soaps then and according to my mom she was swimming in money though she didn't look it o. I met her and she told me how she was making millions by taking the soaps to other States to sell, she advised I went to pH since they had high purchasing power.
I used to hustle street trading in pH so I was familiar with the environs which was an advantage or so I thought. I did my calculations and was in high spirits as I was going to hammer this time.
I borrowed 100k from my dad, bought about cartoons of bar soap and set off to pH on a faithful Wednesday because I targeted oil mill Thursday market . I first dropped at obigbo junction and set my cartons of soap by a corner that the owner was absent and started screaming on top of my voice soliciting for customers...buy your original soap here, only 100 100 naira, e don dey finish oooo, eleme dey look bayelsa dey buy oo, after today no more ooo....I kept shouting....
I got some occasional glances by passerby's as they proceeded to their destinations, one hour turned to two hours yet no one has asked me whether na sample I sample abi na sell I dey sell. I got exhausted from my fruitless shouting and sat down, I realized it was getting dark so I called the number of the person I would pass the night in her place at mile 1....ghen ghen number no dey no reachable .... I shaa packaged my cartoons of soap and set off to mile 1, after all I came for oil mill so I'm sure I would sell all the next day.
Getting to mile 1 around past 8, every where was dark and deserted. I was scared so I had to proceed to mile 3 that was livelier. I packed my goods in one park and started looking for a place to pass the night, I went to a police station but they were questioning me like a criminal even after narrating my ordeal to them. I left and went the a church and the security turned me back that they only allow people to sleep in the church during vigils. I ended up sleeping in an uncompleted building in the state university.
The following morning I set off to oil mill market, I remember when I dropped a barrow pusher came to carry the goods to a place I would keep them but since I was running low on cash I asked him to help me place it on my head....haa oga this thing heavy o e go break your neck o, just give me 3h make I carry am for you.....he exclaimed, don't worry I'm fine I replied.
Five minutes later I was sweating like a Christmas goat with my neck now at 180 degrees, it was remaining just two poles to my destination when I gave up and dropped the bag. I called another barrow pusher and he quoted 250 naira.....chai see penny wise pound foolish, I barely had any strength left to haggle price so I agreed.
I found a corner outside the market and set my cartons of soap, I took one carton and went inside the market screaming on top of my voice as usual, three hours later and I had just sold only 5 bars of soap to make matters worst it started raining and my cartons of soap was in the open.
I ran like a mentally deranged man to where I kept my wares trying to save it from the rain, while I tried to carry the cartons to a shed some gave way throwing some of the soaps on the road with tricycles running over them. A barrow pusher came to my rescue and helped me save the rest.
After the rain subsided I went back into the market and started selling the soap at a 50% loss yet I was unable to finish one carton, while I was struggling to sell my kaya those agberos came with their wahalla and collected #300 from me, I went to a different section of the market to try my luck and 4 different agberos surrounded me with different tickets each not less than #200 . Oga abeg I never sell anything I tried to explain to them, come on give me my money joor one of them roared.
By now I was close to tears as they made away with my goods, heiya its unfair o, you people should pity this poor boy naa, see he's even crying, some market women pleaded on my behalf. They finally collected #500 from me.
I managed to sell two cartons just enough to get my transport back home and set off to the park. I was looking very dirty and unkept, at the park I bumped into a girl I was wooing when I was in ph, she kept staring at me probably trying to deduce if I was actually the person she was seeing. I kept a straight face and went to sit at the back of the bus away from other passengers glare.
At home I took the remaining goods to the woman I bought it from and sold it to her at over 60% loss and gave my dad the balance, though he complained but I carest not.

Even though I'm beginning to feel that business is not for me. I still want to try more.
I'm still broke and I've got more ideas though no capital but something keeps telling me I will get a breakthrough I business one day. I will still come back to testify here.

Feel free to share your own experiences doing business both the positive and negative ones.
Mods please push to front page so we can get wider views and contributions.

Omo you be real hustler. I have stock of blenders, you look for customer and take your margin. You can raise your own capital from this idea. You don't need money to make this happen.

I

Onahi95:
** Fifth Experience**

By now I was legit scared of business that I had to abandon it and seek for admission into the university. If at that I didn't stop trying

I was home for a break in school so I looked for something to do to earn money for the main time. A friend of my mom was selling bar soaps then and according to my mom she was swimming in money though she didn't look it o. I met her and she told me how she was making millions by taking the soaps to other States to sell, she advised I went to pH since they had high purchasing power.
I used to hustle street trading in pH so I was familiar with the environs which was an advantage or so I thought. I did my calculations and was in high spirits as I was going to hammer this time.
I borrowed 100k from my dad, bought about cartoons of bar soap and set off to pH on a faithful Wednesday because I targeted oil mill Thursday market . I first dropped at obigbo junction and set my cartons of soap by a corner that the owner was absent and started screaming on top of my voice soliciting for customers...buy your original soap here, only 100 100 naira, e don dey finish oooo, eleme dey look bayelsa dey buy oo, after today no more ooo....I kept shouting....
I got some occasional glances by passerby's as they proceeded to their destinations, one hour turned to two hours yet no one has asked me whether na sample I sample abi na sell I dey sell. I got exhausted from my fruitless shouting and sat down, I realized it was getting dark so I called the number of the person I would pass the night in her place at mile 1....ghen ghen number no dey no reachable .... I shaa packaged my cartoons of soap and set off to mile 1, after all I came for oil mill so I'm sure I would sell all the next day.
Getting to mile 1 around past 8, every where was dark and deserted. I was scared so I had to proceed to mile 3 that was livelier. I packed my goods in one park and started looking for a place to pass the night, I went to a police station but they were questioning me like a criminal even after narrating my ordeal to them. I left and went the a church and the security turned me back that they only allow people to sleep in the church during vigils. I ended up sleeping in an uncompleted building in the state university.
The following morning I set off to oil mill market, I remember when I dropped a barrow pusher came to carry the goods to a place I would keep them but since I was running low on cash I asked him to help me place it on my head....haa oga this thing heavy o e go break your neck o, just give me 3h make I carry am for you.....he exclaimed, don't worry I'm fine I replied.
Five minutes later I was sweating like a Christmas goat with my neck now at 180 degrees, it was remaining just two poles to my destination when I gave up and dropped the bag. I called another barrow pusher and he quoted 250 naira.....chai see penny wise pound foolish, I barely had any strength left to haggle price so I agreed.
I found a corner outside the market and set my cartons of soap, I took one carton and went inside the market screaming on top of my voice as usual, three hours later and I had just sold only 5 bars of soap to make matters worst it started raining and my cartons of soap was in the open.
I ran like a mentally deranged man to where I kept my wares trying to save it from the rain, while I tried to carry the cartons to a shed some gave way throwing some of the soaps on the road with tricycles running over them. A barrow pusher came to my rescue and helped me save the rest.
After the rain subsided I went back into the market and started selling the soap at a 50% loss yet I was unable to finish one carton, while I was struggling to sell my kaya those agberos came with their wahalla and collected #300 from me, I went to a different section of the market to try my luck and 4 different agberos surrounded me with different tickets each not less than #200 . Oga abeg I never sell anything I tried to explain to them, come on give me my money joor one of them roared.
By now I was close to tears as they made away with my goods, heiya its unfair o, you people should pity this poor boy naa, see he's even crying, some market women pleaded on my behalf. They finally collected #500 from me.
I managed to sell two cartons just enough to get my transport back home and set off to the park. I was looking very dirty and unkept, at the park I bumped into a girl I was wooing when I was in ph, she kept staring at me probably trying to deduce if I was actually the person she was seeing. I kept a straight face and went to sit at the back of the bus away from other passengers glare.
At home I took the remaining goods to the woman I bought it from and sold it to her at over 60% loss and gave my dad the balance, though he complained but I carest not.

Even though I'm beginning to feel that business is not for me. I still want to try more.
I'm still broke and I've got more ideas though no capital but something keeps telling me I will get a breakthrough I business one day. I will still come back to testify here.

Feel free to share your own experiences doing business both the positive and negative ones.
Mods please push to front page so we a can get wider views and contributions.

Na man you be. God will bless your hustle one day. Take a rest think out another idea and keep pushing. Believe me you are going to make it and testify

I will still read your story but you need to understand that b4 2008, doing business in Nigeria was very rosy.

Everything scattered in 2012.

Ask any big time business trader which year that they stopped making profits.

Nigeria economy scattered year 2012, so what you are saying is what 90% of Nigerian businesses have experienced.

Business is for those people that has idea and experience, before you start business you must have the two
op don't give up, later you will learn how to adapt with it

Most people mis-interpret the meaning of business or should I say entrepreneur .

Some think they are doing business but what they don't know is that they are still self Employed.

I feel this story is fake, sha..

Omo you don suffer ooh...

W

Very difficult to start from scratch and survive in Nigeria,but not impossible.
Go to other smaller African countries and start,build capital well and then come back to naija if you like .
Na format weh boys dey use be that,because if you think you can just come to naija cities and start hustling in the streets and make it,it might never happen.
Or go to interior villages and remote places in naija and establish and be the local champion, most times those places profits are very high since they are far from cities,so you sell with high margins.

He who has an ear, let him hear...

NB: Business no be for everybody.

I spend more than a million to start a business. It failed woefully. I forget a about it and focus on education. Things are now getting better. I decided to buy keke for someone. Two weeks later they stole it. I'm taking break from anything business in Nigeria. I'm doing well in my career path already.

OP try politics as business no follow for your destiny

Business is for those people that has idea and experience, before you start business you must have the two
op don't give up, later you will learn how to adapt with it and don't forget failure come before success

You don't go into business you aren't sure of. There are sure business you can make money the minute you start. For example, transport.

Am crying

PlanBizNg:
I am sorry about your experiences bro. I strongly believe that success in business awaits you pretty soon.

You see, failure, especially in business, is something we work hard to avoid. However, you hardly achieve success in business without failing a couple of times. This is because each time you fail at something, you've learned something new.

If you read the histories of successful business men, you will find out that most of them didn't achieve success in the first instance. They tried and failed many times before success embraces them.

My advice to you is Never Give Up!! Don't let your failure discourage you from following your dreams.

Robert F. Kennedy ones said; “Only those who dare to fail greatly can ever achieve greatly.”
And Gena Showalter ones said; “Giving up is the only sure way to fail.”

Finally, failure should be your teacher, not your undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end.


I wish you all the best in your future endeavors.

PS: When you've decided to go back to business, I will advice to do something you've tried and have some experience on. For example, the Nylon production business you tried. It's a good business, and something you can start on a small scale with little funds. This I'm sure you know by now.

Do not try the mistake of producing to some customers specifications except if they are paying for it beforehand. Instead, produce what is used and in demand by the majority.
There are thousands of customers, mostly traders that use and will always need your product.

Make sure your product is of good quality. Get a bike and use it for distributing to these customers. They will most likely buy from you since as a producer, you can afford to sell to them at a discounted price. Most will buy on credit and you get paid the next day/time you bring more products.

Avoid those large nylon dealers until they come to you on their own. Most of them are killers of small businesses.

Do not be in a hurry to expand. Let genuine demand from your customers dictate your rate of expansion.

Food production business is another business that thrives on Nigeria. However, most require you have some significant startup capital.

food production, you mean farming or what?

N

Business in this present day naija… Mmmm

In this present Nigeria some business don’t last 6 months before collapsing because of changes in prices of goods and bad economy

If you’re buying 50 pieces of goods for 200k, when next you go to market you’d be surprise that the 200k can only get 35 pieces. Gradually your order is reducing and you can’t even spend your profit because you will need it support your capital


Some people will be comparing business environment like yankee with Nigeria. Using that to motivate yourself, I can’t stop laughing.

Nigeria business environment is not enabling enough for small scales, don’t compare with western country business environment (an enabling environment)

If you come up with business idea that requires electricity in a country like Nigeria where power supply is epileptic, are you going to compare such with a country where electricity is constant ?

Until you stop deceiving yourself and tell yourself the truth then you can survive in Nigeria

Onahi95:
** Fifth Experience**

By now I was legit scared of business that I had to abandon it and seek for admission into the university. If at that I didn't stop trying

I was home for a break in school so I looked for something to do to earn money for the main time. A friend of my mom was selling bar soaps then and according to my mom she was swimming in money though she didn't look it o. I met her and she told me how she was making millions by taking the soaps to other States to sell, she advised I went to pH since they had high purchasing power.
I used to hustle street trading in pH so I was familiar with the environs which was an advantage or so I thought. I did my calculations and was in high spirits as I was going to hammer this time.
I borrowed 100k from my dad, bought about cartoons of bar soap and set off to pH on a faithful Wednesday because I targeted oil mill Thursday market . I first dropped at obigbo junction and set my cartons of soap by a corner that the owner was absent and started screaming on top of my voice soliciting for customers...buy your original soap here, only 100 100 naira, e don dey finish oooo, eleme dey look bayelsa dey buy oo, after today no more ooo....I kept shouting....
I got some occasional glances by passerby's as they proceeded to their destinations, one hour turned to two hours yet no one has asked me whether na sample I sample abi na sell I dey sell. I got exhausted from my fruitless shouting and sat down, I realized it was getting dark so I called the number of the person I would pass the night in her place at mile 1....ghen ghen number no dey no reachable .... I shaa packaged my cartoons of soap and set off to mile 1, after all I came for oil mill so I'm sure I would sell all the next day.
Getting to mile 1 around past 8, every where was dark and deserted. I was scared so I had to proceed to mile 3 that was livelier. I packed my goods in one park and started looking for a place to pass the night, I went to a police station but they were questioning me like a criminal even after narrating my ordeal to them. I left and went the a church and the security turned me back that they only allow people to sleep in the church during vigils. I ended up sleeping in an uncompleted building in the state university.
The following morning I set off to oil mill market, I remember when I dropped a barrow pusher came to carry the goods to a place I would keep them but since I was running low on cash I asked him to help me place it on my head....haa oga this thing heavy o e go break your neck o, just give me 3h make I carry am for you.....he exclaimed, don't worry I'm fine I replied.
Five minutes later I was sweating like a Christmas goat with my neck now at 180 degrees, it was remaining just two poles to my destination when I gave up and dropped the bag. I called another barrow pusher and he quoted 250 naira.....chai see penny wise pound foolish, I barely had any strength left to haggle price so I agreed.
I found a corner outside the market and set my cartons of soap, I took one carton and went inside the market screaming on top of my voice as usual, three hours later and I had just sold only 5 bars of soap to make matters worst it started raining and my cartons of soap was in the open.
I ran like a mentally deranged man to where I kept my wares trying to save it from the rain, while I tried to carry the cartons to a shed some gave way throwing some of the soaps on the road with tricycles running over them. A barrow pusher came to my rescue and helped me save the rest.
After the rain subsided I went back into the market and started selling the soap at a 50% loss yet I was unable to finish one carton, while I was struggling to sell my kaya those agberos came with their wahalla and collected #300 from me, I went to a different section of the market to try my luck and 4 different agberos surrounded me with different tickets each not less than #200 . Oga abeg I never sell anything I tried to explain to them, come on give me my money joor one of them roared.
By now I was close to tears as they made away with my goods, heiya its unfair o, you people should pity this poor boy naa, see he's even crying, some market women pleaded on my behalf. They finally collected #500 from me.
I managed to sell two cartons just enough to get my transport back home and set off to the park. I was looking very dirty and unkept, at the park I bumped into a girl I was wooing when I was in ph, she kept staring at me probably trying to deduce if I was actually the person she was seeing. I kept a straight face and went to sit at the back of the bus away from other passengers glare.
At home I took the remaining goods to the woman I bought it from and sold it to her at over 60% loss and gave my dad the balance, though he complained but I carest not.

Even though I'm beginning to feel that business is not for me. I still want to try more.
I'm still broke and I've got more ideas though no capital but something keeps telling me I will get a breakthrough I business one day. I will still come back to testify here.

Feel free to share your own experiences doing business both the positive and negative ones.
Mods please push to front page so we can get wider views and contributions.

Bro your main issue is no market research
No business plan
Lack of experience

You just run to were someone tells you, and that is why your business keeps failing

AlhajiBitcoin:
I will still read your story but you need to understand that b4 2008, doing business in Nigeria was very rosy.

Everything scattered in 2012.

Ask any big time business trader which year that they stopped making profits.

Nigeria economy scattered year 2012, so what you are saying is what 90% of Nigerian businesses have experienced.

2012 was even good. Things went irredemably bad from 2016.

Nigeria system does not support small and medium business.......

I remember before my admission.......I tried to start a business that will support me in school.

I started a cyber cafe business......taking advantage of my knowledge of A+, N+ and CCNA certificates I have...I got an office, bought all the gadget needed, bought lister engine Generator, set it up and started business.

I was training people on how to use Microsoft packages and computer repair (hardware)

The business started taking shape......

1) The problem of NEPA bill became an issue with the landlord, he collects NEPA bill with rent upfront and the cost of diesel to power the office became overwhelming that the income from the business could not sustain it.

2) Local Government task forces...in different groups.....came with all manner of levies.....

Eventually, the business crashed when I was in 200L.....

Onahi95:
** Fifth Experience**

By now I was legit scared of business that I had to abandon it and seek for admission into the university. If at that I didn't stop trying

I was home for a break in school so I looked for something to do to earn money for the main time. A friend of my mom was selling bar soaps then and according to my mom she was swimming in money though she didn't look it o. I met her and she told me how she was making millions by taking the soaps to other States to sell, she advised I went to pH since they had high purchasing power.
I used to hustle street trading in pH so I was familiar with the environs which was an advantage or so I thought. I did my calculations and was in high spirits as I was going to hammer this time.
I borrowed 100k from my dad, bought about cartoons of bar soap and set off to pH on a faithful Wednesday because I targeted oil mill Thursday market . I first dropped at obigbo junction and set my cartons of soap by a corner that the owner was absent and started screaming on top of my voice soliciting for customers...buy your original soap here, only 100 100 naira, e don dey finish oooo, eleme dey look bayelsa dey buy oo, after today no more ooo....I kept shouting....
I got some occasional glances by passerby's as they proceeded to their destinations, one hour turned to two hours yet no one has asked me whether na sample I sample abi na sell I dey sell. I got exhausted from my fruitless shouting and sat down, I realized it was getting dark so I called the number of the person I would pass the night in her place at mile 1....ghen ghen number no dey no reachable .... I shaa packaged my cartoons of soap and set off to mile 1, after all I came for oil mill so I'm sure I would sell all the next day.
Getting to mile 1 around past 8, every where was dark and deserted. I was scared so I had to proceed to mile 3 that was livelier. I packed my goods in one park and started looking for a place to pass the night, I went to a police station but they were questioning me like a criminal even after narrating my ordeal to them. I left and went the a church and the security turned me back that they only allow people to sleep in the church during vigils. I ended up sleeping in an uncompleted building in the state university.
The following morning I set off to oil mill market, I remember when I dropped a barrow pusher came to carry the goods to a place I would keep them but since I was running low on cash I asked him to help me place it on my head....haa oga this thing heavy o e go break your neck o, just give me 3h make I carry am for you.....he exclaimed, don't worry I'm fine I replied.
Five minutes later I was sweating like a Christmas goat with my neck now at 180 degrees, it was remaining just two poles to my destination when I gave up and dropped the bag. I called another barrow pusher and he quoted 250 naira.....chai see penny wise pound foolish, I barely had any strength left to haggle price so I agreed.
I found a corner outside the market and set my cartons of soap, I took one carton and went inside the market screaming on top of my voice as usual, three hours later and I had just sold only 5 bars of soap to make matters worst it started raining and my cartons of soap was in the open.
I ran like a mentally deranged man to where I kept my wares trying to save it from the rain, while I tried to carry the cartons to a shed some gave way throwing some of the soaps on the road with tricycles running over them. A barrow pusher came to my rescue and helped me save the rest.
After the rain subsided I went back into the market and started selling the soap at a 50% loss yet I was unable to finish one carton, while I was struggling to sell my kaya those agberos came with their wahalla and collected #300 from me, I went to a different section of the market to try my luck and 4 different agberos surrounded me with different tickets each not less than #200 . Oga abeg I never sell anything I tried to explain to them, come on give me my money joor one of them roared.
By now I was close to tears as they made away with my goods, heiya its unfair o, you people should pity this poor boy naa, see he's even crying, some market women pleaded on my behalf. They finally collected #500 from me.
I managed to sell two cartons just enough to get my transport back home and set off to the park. I was looking very dirty and unkept, at the park I bumped into a girl I was wooing when I was in ph, she kept staring at me probably trying to deduce if I was actually the person she was seeing. I kept a straight face and went to sit at the back of the bus away from other passengers glare.
At home I took the remaining goods to the woman I bought it from and sold it to her at over 60% loss and gave my dad the balance, though he complained but I carest not.

Even though I'm beginning to feel that business is not for me. I still want to try more.
I'm still broke and I've got more ideas though no capital but something keeps telling me I will get a breakthrough I business one day. I will still come back to testify here.

Feel free to share your own experiences doing business both the positive and negative ones.
Mods please push to front page so we can get wider views and contributions.

This your suffer no be small ooO

Every business goes through some setbacks especially during the early stages

PlanBizNg:
I am sorry about your experiences bro. I strongly believe that success in business awaits you pretty soon.

You see, failure, especially in business, is something we work hard to avoid. However, you hardly achieve success in business without failing a couple of times. This is because each time you fail at something, you've learned something new.

If you read the histories of successful business men, you will find out that most of them didn't achieve success in the first instance. They tried and failed many times before success embraces them.

My advice to you is Never Give Up!! Don't let your failure discourage you from following your dreams.

Robert F. Kennedy ones said; “Only those who dare to fail greatly can ever achieve greatly.”
And Gena Showalter ones said; “Giving up is the only sure way to fail.”

Finally, failure should be your teacher, not your undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end.


I wish you all the best in your future endeavors.

PS: When you've decided to go back to business, I will advice to do something you've tried and have some experience on. For example, the Nylon production business you tried. It's a good business, and something you can start on a small scale with little funds. This I'm sure you know by now.

Do not try the mistake of producing to some customers specifications except if they are paying for it beforehand. Instead, produce what is used and in demand by the majority.
There are thousands of customers, mostly traders that use and will always need your product.

Make sure your product is of good quality. Get a bike and use it for distributing to these customers. They will most likely buy from you since as a producer, you can afford to sell to them at a discounted price. Most will buy on credit and you get paid the next day/time you bring more products.

Avoid those large nylon dealers until they come to you on their own. Most of them are killers of small businesses.

Do not be in a hurry to expand. Let genuine demand from your customers dictate your rate of expansion.

Food production business is another business that thrives on Nigeria. However, most require you have some significant startup capital.

Op listen to this sir, he has quality advice for you.

To add mine, start small, but let it not limit your vision, moreover perseverance is a good virtue.

op is a story writer. These stuffs are fictional.

Omo..u don hustle o!

The journey to greatness.

Do you have a close relationship with God?

Eweeeyyyy!

I know someone who gives out their groceries to every visitor that comes as though it was their birthday. At the end of the day, she complains of not having enough money to go to the market.. If you're like this, your business can never move

Onahi95:

I'm done now, no job yet though

To be a man aint easy. You really tried! U just need that opportunity and a good business at least u got the spirit