gunners160:
Yes. A lot of people go just take this info sharp sharp since them hear 1 mill. Vebture into the business and see if u can save that 1mil. The business get money no doubt but if u just sit down ontop that bussiness u go cry becos at the end of the year na zero

True talk

Great effort OP. Did you face any competition at the site of the biz? Like another person coming there with a lamination machine? How did you handle competition?

Op is lying. You used 30 days to do your calculations but all months are not 30 days and you did not factor in sundays. You said there were rainy days and days you were sick.

You saw opportunity in where the Nigerian govt decided to stress us.

gunners160:
O.P welldone but I Dont agree with what you have just written. U can never and I mean never save upto 1m from doing this job. Yes, you might make 1m but when you calculate your savings minus expenses within the month you will be left with little.

I have been doing this job for several years now and i also have a cafe. I have the customers in fact I sleep in shop most times but to save milk within a month, na lie.
Pl note, I Dont spend recklessly

Omo, I no been Wan talk before, because the way the op wrote his break down was the same way some one broke down yam business for me and I took all my savings after nysc in the 90s to go buy half a 911 of yam. Omo, watin my eyes see ehhh. I no baf sef for 3 days.

Lamanii22:



Wicked soul!!!

I still better pass you wey be winch

nedekid:

Omo, I no been Wan talk before, because the way the op wrote his break down was the same way some one broke down yam business for me and I took all my savings after nysc in the 90s to go buy half a 911 of yam. Omo, watin my eyes see ehhh. I no baf sef for 3 days.

ahahahha. I wan die with laughter for here oooo

And some people that saw this OP along the road doing this will think they are better than her..not knowing she is quietly raking in some cool money.

Now she is about to upgrade and be even better.

This is what I thought myself. I can school a lot people on how to venture into some legit business which are normally overlooked and you make good millions off them.

Key word to succeed is PERSEVERANCE. Then you talk about good strategy, honesty..commendable customer services.

I wake 6am all day and used to reach home after 11pm. I sleep little and work all day. No social life like that of OP.. But now I have workers and they earn very well from me.

I am not bragging but I net nothing less than 700k monthly..After all the numerous expenses and salaries which runs in hundreds of thousand. Thats to say that I gross over a mil.

This coming year..its unto expansion and multiplication of income by God's grace.

Maybe one day..I will make a thread about it

Wow this is a good business oo...this OP tried much

ImoleNaija:
Kudos to you, OP.
Laziness is a disease.



Guys, you see your lives? An average guy would make #2.5k per day & gives #1.2k to his gf. One Napep driver always comes to my street to see his gf after the day's work. He would park his tricycle close to my building. My colleagues & I would be looking at them while the gf helps him to pick & arrange the money he makes daily. Well, I don't know how much he gives her, but you & I know she would have her daily share. Dem go later off light & probably have some smooch before he zooms off. Well, e be like say he don chop breakfast coz I no dey see him around for some weeks. I miss the night shows though.

Guys, shey our mumu no too much like this?

A man's world is totally different...The moment you can make a living, somebody is depending on you already as man.

*she*

tommy589:
A sensible investment

See her brain power at work,from 27k to million owner. We have another billionaire in the making if she continues to apply this business method to future investment
Meanwhile some people have conditioned their mind that you can only become wealthy through ritual money

Efulefu:
I bought my paper lamination machine in January 2021 for #27k by then.

Got a busy street nearby, where there is business center and NIMC / NIN registration center.

I laminate Nin Slip for N60, other papers for N120.

For 11 months: lets do the maths:
I usually laminate 70-100 Nin slip per day, for the hope of smooth calculation, let it be 80.
Other papers, lets it be 20.

60x80x30x11 = 1,584,000 (N1.584M)
20x120x30x11 = 792,000 (N0.8M)
Total = 2376000 (N2.376M)

That's agood amount...
Guys,ladies don't be lazy please, embrace the corn-tree (9ja), there is alot to get with tiny businesses like this,it will only cost you time.

Note: [b]extract sundays, sickness days and other necessary leaves from the 11months and from the total amount. cold, rainy or hot weather is not in my calculation, I use to be patient and work from 6am to 10pm no matter the weather, only if there's no people (may be due to rain), Family matters are not honored by me within this time, to invite me to somewhere, na you waste your time, the N50 is better to me than your wedding or so and so....[/b]

Remember, at first I only had N30k, 27 out to buy the machine, 3 to buy laminating film.

I only have half of the money with me right now becuase of:

*Feeding
*When I got my first 100k, I bought new SUMEC FIRMAN GENERATOR
*My mom and Dad exfences
*Bought a new bike for N380k
*Bought a plot of land to build a small shop (computer center)
*Buying of laminating film, which is currently 3.6K after each 4-5 days
*Bought Infinix Hot 10 for 56k
*And many other things.

Things that helped me More:
*Patience
*Perseverance
*Prayer for success
*Selfishness
*Not having a boyfriend to distract me.

I will use my remaining 1M to buy computer, printer, photocopier and other computer center business tools.

Help other youths.

So ingenious of you bro

May God continue to bless you hustle

domino4211:
Because of ordinary 1 million you feel you can advise us? Money wey go finish within 1 week. Mchew.

At least she made that ordinary 1m.
Some people are still dreaming of making it. But here, it no more exists in her imagination or in the dream world.
This is a major feat.
Congratulations to her. it can only get better for her.

olaniyiYAH:
Don't call bad good please kindly answer this question
1, Do you put all the machines under tree?
2, Are you using free electricity or fuel?
3, your catrdge is always full?

thank God we have smart people like you here to reason and understand that the OP JUST LIED

nedekid:

Omo, I no been Wan talk before, because the way the op wrote his break down was the same way some one broke down yam business for me and I took all my savings after nysc in the 90s to go buy half a 911 of yam. Omo, watin my eyes see ehhh. I no baf sef for 3 days.

what's your experience like

Efulefu:
I bought my paper lamination machine in January 2021 for #27k by then.

Got a busy street nearby, where there is business center and NIMC / NIN registration center.

I laminate Nin Slip for N60, other papers for N120.

For 11 months: lets do the maths:
I usually laminate 70-100 Nin slip per day, for the hope of smooth calculation, let it be 80.
Other papers, lets it be 20.

60x80x30x11 = 1,584,000 (N1.584M)
20x120x30x11 = 792,000 (N0.8M)
Total = 2376000 (N2.376M)

That's agood amount...
Guys,ladies don't be lazy please, embrace the corn-tree (9ja), there is alot to get with tiny businesses like this,it will only cost you time.

Note: [b]extract sundays, sickness days and other necessary leaves from the 11months and from the total amount. cold, rainy or hot weather is not in my calculation, I use to be patient and work from 6am to 10pm no matter the weather, only if there's no people (may be due to rain), Family matters are not honored by me within this time, to invite me to somewhere, na you waste your time, the N50 is better to me than your wedding or so and so....[/b]

Remember, at first I only had N30k, 27 out to buy the machine, 3 to buy laminating film.

I only have half of the money with me right now becuase of:

*Feeding
*When I got my first 100k, I bought new SUMEC FIRMAN GENERATOR
*My mom and Dad exfences
*Bought a new bike for N380k
*Bought a plot of land to build a small shop (computer center)
*Buying of laminating film, which is currently 3.6K after each 4-5 days
*Bought Infinix Hot 10 for 56k
*And many other things.

Things that helped me More:
*Patience
*Perseverance
*Prayer for success
*Selfishness
*Not having a boyfriend to distract me.

I will use my remaining 1M to buy computer, printer, photocopier and other computer center business tools.

Help other youths.

And this is coming from an efulefu , to everybody in the house , if an efulefu irresponsible person like this can make it why can't you make it

MansoryMX:
That’s my profit for the month of August alone you made in one year. Congrats bro, may God continue to bless our hustle. Ise!!!!

Hmm, which hustle bi that ?

Thank God Nairaland is a faceless social media . na like dis person go use her hand dey invite thief , tomorrow u go dey find who dey do u for ur family . Aunty learn how to hide yourself make people no remember you.

OnyeFely:
This year, I started with nothing. As of yesterday when I had 765k or so cash. So if I deduct every expenses this year, I would have made more 1.5m. I buy things from the Warehouses in Lagos and bsupply to buyers, wheelchair, walking frames for etc. . I pray next year will be a lot better

I'm interested in this please. Can l mail you?

I don't agree with the calculations,you need to calculate only the profits on each lamination(laminating films),servicing of the machine, servicing of generator,fuel,transport to where you buy films,transport to and from your house,Sundays and public holidays as nimc/min staff goes for holiday and they have closing time,if there is no network nimc/nin can not do anything,is the space free?

Efulefu:
[s]I bought my paper lamination machine in January 2021 for #27k by then.Got a busy street nearby, where there is business center and NIMC / NIN registration center.I laminate Nin Slip for N60, other papers for N120.For 11 months: lets do the maths:[/b]I usually laminate 70-100 Nin slip per day, for the hope of smooth calculation, let it be 80.Other papers, lets it be20.60x80x30x11 = 1,584,000 [b](N1.584M)[/b]20x120x30x11 = 792,000 [b](N0.8M)
Total = 2376000 (N2.376M)That's agood amount...Guys,ladies don't be lazy please, embrace the corn-tree (9ja), there is alot to get with tiny businesses like this,it will only cost you time.Note: [b]extract sundays, sickness days and other necessary leaves from the 11months and from the total amount. cold, rainy or hot weather is not in my calculation, I use to be patient and work from 6am to 10pm no matter the weather, only if there's no people (may be due to rain), Family matters are not honored by me within this time, to invite me to somewhere, na you waste your time, the N50 is better to me than your wedding or so and so....[/b]Remember, at first I only had N30k, 27 out to buy the machine, 3 to buy laminating film.[/b]I only have half of the money with me right now becuase of:*Feeding*When I got my first 100k, I bought new SUMEC FIRMAN GENERATOR
*My mom and Dad exfences*Bought a new bike for N380k*[b]Bought a plot of land to build a small shop (computer center)
*Buying of laminating film, which is currently 3.6K after each 4-5 days*Bought Infinix Hot 10 for 56k*And many other things.Things that helped me More:*Patience*Perseverance*Prayer for success
*Selfishness*Not having a boyfriend to distract me.I will use my remaining 1M to buy computer, printer, photocopier and other computer center business tools.Help other youths[/s].

Nonsense

Easier said than done.

gunners160:
O.P welldone but I Dont agree with what you have just written. U can never and I mean never save upto 1m from doing this job. Yes, you might make 1m but when you calculate your savings minus expenses within the month you will be left with little.

I have been doing this job for several years now and i also have a cafe. I have the customers in fact I sleep in shop most times but to save milk within a month, na lie.
Pl note, I Dont spend recklessly

You are the only practical person so far. Even though I support the moral of the story, the practicality is doubtful. I currently run 3 separate businesses with monthly turnover running into millions. Yet running costs is chocking me.
First of all 30k cannot start a business whereby just one asset is 27k. You have to pay for shop or space. For just space where you put umbrella, you have to settle omo-nile/local government officials weekly if not daily.
Then we talk of power, except the lamination machines can run on firewood. You have to get a stand by generator, and buy fuel everyday. You have to maintain the generator. You also have to provide storage space and security for your equipment unless you carry all of them home everyday.

Then we have to put into consideration your own living expenses. Unless you are still being fed and housed by your parents, you will have to pay house rent, food and utilities from your business.

Now, how are you going to save N1 million in a year after all these expenses in a Nigeria with hyperinflation?

Very impressive and a great motivation for all. But OP analysis is income based. You need to give us the expense side too. Like how many liters of fuel you use per day, tell us about wear and tears. Tell us what you use on generator maintainance . Your daily transport expense. Do you pay any tax to LGA this will help people. Before everybody go and get laminating machine

EM123:
Thank God Nairaland is a faceless social media . na like dis person go use her hand dey invite thief , tomorrow u go dey find who dey do u for ur family . Aunty learn how to hide yourself make people no remember you.

Thank God she no write her address.

abir:


Thank God she no write her address.

na true , unless fine boys 4 use am shine dis xmas

benzion72:
Very impressive and a great motivation for all. But OP analysis is income based. You need to give us the expense side too. Like how many liters of fuel you use per day, tell us about wear and tears. Tell us what you use on generator maintainance . Your daily transport expense. Do you pay any tax to LGA this will help people. Before everybody go and get laminating machine[color=#990000][/color]

Believe me if a business can make you a millionaire in one year with just a N27k laminating machine, everyone would have gotten a laminating machine and drive down the cost ( law of market equilibrium). It will be just like pure water business.

Wow congratulations op

It a bright and smart idea

But you said u started with 27k

How did you handle the light issue at first ? Sort out space!

You are doing well.

Emaprince:
And some people that saw this OP along the road doing this will think they are better than her..not knowing she is quietly raking in some cool money.

Now she is about to upgrade and be even better.

This is what I thought myself. I can school a lot people on how to venture into some legit business which are normally overlooked and you make good millions off them.

Key word to succeed is PERSEVERANCE. Then you talk about good strategy, honesty..commendable customer services.

I wake 6am all day and used to reach home after 11pm. I sleep little and work all day. No social life like that of OP.. But now I have workers and they earn very well from me.

I am not bragging but I net nothing less than 700k monthly..After all the numerous expenses and salaries which runs in hundreds of thousand. Thats to say that I gross over a mil.

This coming year..its unto expansion and multiplication of income by God's grace.

Maybe one day..I will make a thread about it

See I'm interested in some of the Legit businesses and let me see which to go for pls.

Dangrace01:
Nice1 bros

sis not bros