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2021 Is The Best, How I Made My First Millions - Business (5) - Nairaland

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Re: 2021 Is The Best, How I Made My First Millions by IbileIfe: 8:54pm On Dec 21, 2021
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.
Deduct your expenditures from the revenues.
Re: 2021 Is The Best, How I Made My First Millions by Pataricatering(f): 8:58pm On Dec 21, 2021
WibusJaga:


Well done OP. Oil dey your head.
That's almost monthly turnover of 200k.
We need more of this kind of useful posts on NL & less of the kind where one small girl was disturbing us that she spent 800k for Xmas shopping.
leave women alone - Regina.spend 800k.is.not.your business - if it is a man spending even if he is a yahoo boy you wont be blocking.our ears comparing.him with other men. Must.you people.always harrass women ? ?.have some of.you been cursed with female issues ?.every female.topic it's 98% men.in.the comments yarning.trash - una no.dey.tire to chuk mouth for.women matter ?

2 Likes

Re: 2021 Is The Best, How I Made My First Millions by Pataricatering(f): 9:02pm On Dec 21, 2021
Tannhauser:
shocked

Congratulations! I can't believe we still have ladies like you in this country.
E sure me say una no reach 12 wey remain.
I'm.sure.you will fall.sick if u don't harass atleast one woman a day .. woman wrapper man .

1 Like

Re: 2021 Is The Best, How I Made My First Millions by wirinet(m): 9:07pm On Dec 21, 2021
Efulefu:
I
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.

How much was the plot of land and how much did you use to build the small shop/computer center? Cost of Block, cement, electrical wires and finishes are moon high right now.

How much do you use to run and maintain your SUMEC FIRMAN GENERATOR? Remember petrol is currently at N165/litre.
Re: 2021 Is The Best, How I Made My First Millions by OnyeFely: 9:08pm On Dec 21, 2021
Some people up ask if I could show them the way. I know about medical items, and that has helped me a lot. I have no shop, so what I do is go from one wharehouse to another looking for anything medical I can sell. When I buy, I supply to my people who have shops, and made my money. I buy scrap wheelchairs, and I fix them, and supply. It's something one must know before one ventures into it. It takes hard work, dedication, consistency, and one must be sincere, and principled. I also chose my customers well to avoid one owing me for long. God has really helped me.

1 Like

Re: 2021 Is The Best, How I Made My First Millions by Annychibest(f): 9:20pm On Dec 21, 2021
I no go lie.. 2021 favour me no be small. Imagine me getting credit alerts back to back. Papa God, thank you oh .

2 Likes

Re: 2021 Is The Best, How I Made My First Millions by philus66(m): 9:32pm On Dec 21, 2021
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.
O baby you have done well,may God uplift you more. You have also inspired me for motivation next year,I hope to share a testimony like this next year before the year runs out,abeg reply amen for me biko grin
Re: 2021 Is The Best, How I Made My First Millions by seyz91(m): 9:35pm On Dec 21, 2021
cheesy
WibusJaga:


Well done OP. Oil dey your head.
That's almost monthly turnover of 200k.
We need more of this kind of useful posts on NL & less of the kind where one small girl was disturbing us that she spent 800k for Xmas shopping.
Re: 2021 Is The Best, How I Made My First Millions by seyz91(m): 9:36pm On Dec 21, 2021
Abi na cheesy
Optimistguy1969:
Your Monika sef no go make people believe you.
Nønsense
Re: 2021 Is The Best, How I Made My First Millions by seyz91(m): 9:37pm On Dec 21, 2021
cheesy
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?

1 Like

Re: 2021 Is The Best, How I Made My First Millions by Olafisoyem: 9:55pm On Dec 21, 2021
Well done bro!!! More grease to your elbow! More success in Jesus name!
Re: 2021 Is The Best, How I Made My First Millions by Qualer: 10:12pm On Dec 21, 2021
Efulefu:

Hustle is real
na you be the kind of babe wey I dey find since. come we plan our wedding and invest in expanding the business empire sharply!! cool
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:14pm On Dec 21, 2021
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

I said I only have HALF OF THE MONEY
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:14pm On Dec 21, 2021
phemmyfour:
What do you mean by selfishness

Typo, selfishlessness
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:15pm On Dec 21, 2021
Arisenews2:
Quite inspirational. Would you advise me to start this business and have someone manage it for me? Because I won't have the time to manage it myself.

Who will save then?
Re: 2021 Is The Best, How I Made My First Millions by Styluss: 10:15pm On Dec 21, 2021
gunners160:


I swear.first person with a very sensible post.if I calculate my own then I make more than that in five months but u see feeding , repairs,fuel go fit kill person
I swear... I got to this page to see just one sensible post... And that guy and Came through

Was wondering how she claimed she made those money without any expenses... She never!!! No cost price... No transport... No miscellaneous...!!!

1 Like

Re: 2021 Is The Best, How I Made My First Millions by tafat: 10:16pm On Dec 21, 2021
No be lie, as e go reach me too. That's why I'm optimistic I will win big in the "start with a win" promo by Nescafe, at least winning 200k before the end of the year will really be a dream come true.

Re: 2021 Is The Best, How I Made My First Millions by Lamanii22(f): 10:20pm On Dec 21, 2021
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.


grin grin grin

1 Like

Re: 2021 Is The Best, How I Made My First Millions by Lamanii22(f): 10:22pm On Dec 21, 2021
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


Please can you create already, help a sister... I am tired of being broke....
Re: 2021 Is The Best, How I Made My First Millions by nedekid: 10:28pm On Dec 21, 2021
Bonesbreaker:
what's your experience like
Horrible. Just after nysc, I think 1996/97 or so. Someone told me of yam business and how lucrative. I interviewed him, got details. I went to mile 12, did my research. Saw it might be lucrative. I then gathered 150k then, took the guy along. We went early in the morning and entered transport with one of the yam traders to buy. Paid her transport to show us the way. Most, if not all were women. Na so journey start. From description it was meant to be few hours journey. Omo we traveled for over 9-12hrs to get there. Cannot remember the name of the place. But I remember passing a old colonial sign board with old Oyo empire written on it. We further entered a rickety vehicle that drove on a dirt dusty road for a long time. By the time we got to the place my hair, nostrils etc was red from the dust! I looked like someone from Mars!
Now the yam market was in a very large clearing, like a field. The farmers will bring the yam and place them in bundles of 10, 20, 50 or 100 ( cannot exactly remember). You will the go and price each bundle with other buyers. Truelly they were cheap. When you buy you have people you pay that will gather your bundles.
Time is of essence. You must buy fast and accumulate the quantity you need to load them early in a truck before morning. I bought enough to fill half a 911 mecedes truck the following day. Those women will buy and do groupage. Ie several buyers loading in same truck.
See, different people will come for fees oh. Tickets etc.
By 3 am in morning the truck moved. Do you know the women climbed the stacked up yam on the truck and told me ajebuter to climb too shocked.? Me that bought half truck! I no gree. Bottomline I had to squeeze in the cabin after 1 woman dropped.
Now traveling back to Lagos was another matter. Nobody told me you will meet checkpoint where you have to pay. Aside police, you have farmer union, forestry, produce people, local government and all sorts on the road that late at night. Before the truck changes gear, another stop and pay. Their work is to collect both legal and illigal taxes.
We even met an accident where a truck that left before us rolled over. Several women died and some injured.
Finally we got to Lagos ie mile 12. A whole new ball game.
You as the importer of the yam cannot sell. You have people that own space that you will offload your yam too that will sell for you! You will pay them first for ground, then they sell and also make theirs. So my "seller" was selling mine and others. Omo, he will negotiate anyhow price with people and tell me to take the money! Me I will be arguing as a "jew" man while the women will shake their head and take the money saying sometimes you make loss. As howww!!
Me I did not know the dangers of not selling and they did not tell me.
I sat down in the sun all day waiting for gradual sales. Do you know those women sold anyhow, gathered their small money and disappeared. Apparently they had entered the boot of those trucks and headed back to that jungle after old Oyo empire!
That night I went home. Finally had a bath after 3 days.
As early as 5 am I was back at mile 12, see shocker, they had moved my yams aside as new trucks had arrived with fresh yams, for the first time I heard of what is called "old yam". My yam was now old yam and had shurnked, was darker in color than the freshly offloaded ones! A bundle they priced for eg 8k the day before and I refused was now being priced 4500! Infact few people were pricing them. New trucks with fresh ones kept comming!
To cut the story short, I had to get a vehicle to pack my remaining yams home. Out of my 150k I had only sold recovered like 50k!
Some women around the area stated buying them as if they were doing me charity work. I don't think I saw up to 65k of my money.
Anyway what I found out is that those women "importers" are stuck in the vicious circle. They have no option. Some as the travel to market, they don't get home for weeks, as from there they sell, gather what they can and enter returning trucks back and forth.
Do they make money, well, that is relative. Is the risk worth it? To me, no. There are easier ways of making money.
Theirs is what jay z calls a "hard knock life" .
Pardon my long story. You asked for it. grin
Nb: The type of yam was called Abuja yam back then.

9 Likes 1 Share

Re: 2021 Is The Best, How I Made My First Millions by temielects(m): 10:31pm On Dec 21, 2021
I love you...may God continue to prosper you
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:38pm On Dec 21, 2021
Qualer:

na you be the kind of babe wey I dey find since. come we plan our wedding and invest in expanding the business empire sharply!! cool

But me na efulefu, will you want to be with an Efulefu
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:38pm On Dec 21, 2021
wirinet:


How much was the plot of land and how much did you use to build the small shop/computer center? Cost of Block, cement, electrical wires and finishes are moon high right now.

How much do you use to run and maintain your SUMEC FIRMAN GENERATOR? Remember petrol is currently at N165/litre.

I didn't say I built, I said to build
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:39pm On Dec 21, 2021
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.

Okay dear
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:39pm On Dec 21, 2021
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

I only have half, half already gone to that....
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:40pm On Dec 21, 2021
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.

Okay dear
Re: 2021 Is The Best, How I Made My First Millions by tolextee(f): 10:43pm On Dec 21, 2021
Well done, I wish you more of it.....Congratulations
This post is really inspiring
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:45pm On Dec 21, 2021
bunsuq:
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?

I didn't have so far.

The computer center guy is a relative, He pays the NEPA bill, but generator I used mine. Thats why he squirted me out side his shop and nobody is allowed after me.

I only had one competitor at the ending of November but there is some reasonable distance between us, thats why I didn't take him serious

1 Like 1 Share

Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:45pm On Dec 21, 2021
chudez0147:

DamnNigga
Isoright!!

You've don well .., I always tell people that consistency is the secret to success.

But wait o , why do you chose your moniker? I'm guessing you don't know the meaning.


I know, check my signature
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:46pm On Dec 21, 2021
Bignuell:
Wow, i love this. Way to go. Your monicker and the gender are contradicting, don't know if to address you as a sir or ma but all the same congratulations. You suppose thank nairalanders sef for keeping you happy all through the 11 months grin

Sometimes ba...thanks
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:47pm On Dec 21, 2021
FaithBrain1994:
With your plans and propects ahead, i see you building your own house and becoming a home owner in the next three years. This i have seen.

Ok, are you another false prophet? grin grin grin grin
Re: 2021 Is The Best, How I Made My First Millions by Efulefu(f): 10:47pm On Dec 21, 2021
Bignuell:
Wow, i love this. Way to go. Your monicker and the gender are contradicting, don't know if to address you as a sir or ma but all the same congratulations. You suppose thank nairalanders sef for keeping you happy all through the 11 months grin

Sometimes ba...thanks

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