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

nedekid:

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 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 .? 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 police, forestry, produce people, local government and all sorts on the road that late at night. Before the truch changes gear, another stop and pay. Their work is to collect both legal and illigal taxes.
We even meet an accident where an 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.
Nb: The type of yam was called Abuja yam back then.

NGArmyTerrorist:
She is a Biafran and an igbo woman! Don't go and try this if you're a hater of Ndi igbo and Biafra; if you do; it will swallow everything you have as a reward for your hatred. Biafran lady, more testimonies will be your portion and I hope other people will follow suit. Ka odiri anyi na nma!

Hubeznigeria:
I'm wondering at your choice of moniker

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

Efulefu:


True talk, is hard for me to eat meat, or fish, or drink any thing....just to save every kobo

Efulefu:


I know, check my signature

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.

ezewealth:

Abeg no kill me with laugh. Sometimes I do laugh at ppl that are financially unintelligent.
Ppl go just open your unguarded mouth to say "I started a biz with 27 thousand and made 1million in a month".and greedy mentalists will garbage in, one week they will garbage out.

nedekid:

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 .? 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 an 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.
Nb: The type of yam was called Abuja yam back then.

ezewealth:

More like running a rat race thinking they are making money.

Administration1:
Whereas some broke dude is about spending 30k on 1 Black label this night

Efulefu:


True talk, is hard for me to eat meat, or fish, or drink any thing....just to save every kobo

Dangrace01:
Nice1 bros

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.

nedekid:

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 .? 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 an 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. 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.
Nb: The type of yam was called Abuja yam back then.

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.

BluntCrazeMan:
Thank “TERRORIST” Pantami for this success story.
..
..
Meanwhile, have you been saving 100% of it??
You have not been eating?
No expenses?
You didn't even flex?
..
You just calculated your gross inflow.
But we need to know what amount you had been saving

Terrier99:


Biafran that is doing Nigerian ID card. Yet, people died for the Biafran struggle. Food can't even make you think straight? Can't you see how stupid you are?

eagleonearth:
well detailed. I'm coming with my onions business saga later

Efulefu:


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

Efulefu:


But me na efulefu, will you want to be with an Efulefu

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!!!!

Efulefu:


True talk, is hard for me to eat meat, or fish, or drink any thing....just to save every kobo