Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,194 members, 7,822,026 topics. Date: Thursday, 09 May 2024 at 02:21 AM

I Started My Business With N600k. Here's the story. - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / I Started My Business With N600k. Here's the story. (42800 Views)

Under 35 CEOs: I Started My Real Estate Company in the University - Arnold / What Business Can I Set Up With N600k? / ”I Started My Business With N5,000, I Now Have 5 Bedroom Mansion In Lagos"- Lady (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: I Started My Business With N600k. Here's the story. by Exkandayee(m): 5:19pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.


I'm proud to be a Jehovah's witness too, kudos to This story, you can never see a witness begging they all started hustling at younger ages,,,

3 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by iFESTAC680(m): 5:20pm On May 11, 2022
Hmmmm nice story, starting a business with others in charge is something else


My experiences are cry cry cry

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by BobPRESS5(m): 5:21pm On May 11, 2022
Your are doing well kop abi op
God bless you the more

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by Shadysen: 5:21pm On May 11, 2022
Nice, Jehovah help me.
I need a testimony
I have never witness a breakthrough.

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by FunnyDude(m): 5:22pm On May 11, 2022
No amount small. I've once used 20k to become a Milli owner

4 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by yemzone(m): 5:29pm On May 11, 2022
Well done. You dey motivate me.
Re: I Started My Business With N600k. Here's the story. by Sukkyy2010: 5:29pm On May 11, 2022
Christane:
I read all through your post ..first u try to advertise your church Jehovah witness ..
second ...u use the word am very hardworking ...like u re tryna make someone feel lazy
bt after reading dis ur post u did not make it a success story cus u did not tell us if u av made it or not .
You're such a critic stop being such a jerk it a negative stereotype.

9 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by TheNiceGuy(m): 5:30pm On May 11, 2022
Must you make 600k like him?

You also look around you and profer solution to the problem facing People around.

This is just to motivate
Iyaomolere4:
How will I make the 600k first

2 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by iHart(m): 5:31pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.


You for add some pictures for our eyes
Re: I Started My Business With N600k. Here's the story. by chatinent: 5:31pm On May 11, 2022
Exkandayee:

I'm proud to be a Jehovah's witness too, kudos to This story, you can never see a witness begging they all started hustling at younger ages,,,

It's hearty meeting you, brotherly.

2 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by TheNiceGuy(m): 5:32pm On May 11, 2022
Life no hard oga. Rest
Christane:
I read all through your post ..first u try to advertise your church Jehovah witness ..
second ...u use the word am very hardworking ...like u re tryna make someone feel lazy
bt after reading dis ur post u did not make it a success story cus u did not tell us if u av made it or not .

2 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by chatinent: 5:32pm On May 11, 2022
phemmyfour:
Involve one or two members of your family in the business so that the whole weight of your family won't be on your neck.

As the popular saying goes "A rich man in the midst of the poor is also a poor man"

That's exactly what I did..so those ones can fend for themselves too.

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by Beedude(m): 5:32pm On May 11, 2022
I started a business with 10k in 2014. I now have 2 more businesses. I closed down the one i started with 10k cos it wasnt my dream business. The other 2 are really triving with so many contact already and workers.
Business isnt easy and for the faint hearted.

Lesson - JUST START FROM SOMEWHERE. You never know when u go hit am

7 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by generalwo(m): 5:32pm On May 11, 2022
What about us wen no get 600k but we have 600k responsibilities hanging over our shoulders every month, all depending on our 5 figures salary?? What do we do... How do we cope?? Advise please!!

1 Like

Re: I Started My Business With N600k. Here's the story. by MrBroke(m): 5:33pm On May 11, 2022
Men, God Bless you

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by chatinent: 5:33pm On May 11, 2022
posty56:
so how far you Don big now?

I'm not hustling to be big, bro. I'm hustling to be able to afford my needs without having to affect others.

9 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by phemmyfour: 5:38pm On May 11, 2022
chatinent:


That's exactly what I did..so those ones can fend for themselves too.
Well done
Re: I Started My Business With N600k. Here's the story. by Oplomo: 5:42pm On May 11, 2022
Afonjamuslim24:


I am very sure you have never made upto that amount all your life. cheesy You earn #30k monthly as a BMCow keyboard warrior and about #2500 monthly from your barbeque business. You are in your late 40s. I pray never to be like you.


Lol. Na you run enter like this? grin

70 years old man ooo!

You dey stay for No 1 vawulence street? grin

1 Like

Re: I Started My Business With N600k. Here's the story. by BabaIbo: 5:42pm On May 11, 2022
chatinent:


The story no mean say I don make am sha. I'm just clearing some stereotypes that any amount of money is small for business.


No be lie!

Don't mind those people that thinks you must have all the money before starting a business...

4 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by garriAndsugar: 5:43pm On May 11, 2022
When I hear igbo men talking about honesty.. I usually laugh grin

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by BabaIbo: 5:46pm On May 11, 2022
Beedude:
I started a business with 10k in 2014. I now have 2 more businesses. I closed down the one i started with 10k cos it wasnt my dream business. The other 2 are really triving with so many contact already and workers.
Business isnt easy and for the faint hearted.

Lesson - JUST START FROM SOMEWHERE. You never know when u go hit am


At the bolden is a vital truth.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by Asianjollof007: 5:49pm On May 11, 2022
It's because you have the capital, a lot of people have better business ideas with no capital. This life, have money.

1 Like

Re: I Started My Business With N600k. Here's the story. by Connected1: 5:50pm On May 11, 2022
Your story is motivative.

But the part I don't like is you saying you have so much responsibilities ( I know wetin some of us dae face if we see 300k, conscience no go allow you nor drop money when family drop billing) and that you are honest.

No business man is honest bro and you are not from a poor family else to save 600k go hard oh unless you don setup your younger ones but I love your ambitious mindset, it's inspiring.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by musicwriter(m): 5:54pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.

@bold

Thanks for sharing. But you don't have to be a member of Jehovah witnesses or any other church or any other religion to be a nice person. The only reason you should be nice is because it's the right thing to do.

The nicest people in the world come from sercular countries where religion is insignificant. The most corrupt and poorest people come from religious nations.

If you think you're nice now, you'll become a nicer person when you quit religion. I learned this myself after I quit Christianity, so I am speaking from experience. Religion is actually not a good thing.

5 Likes 2 Shares

Re: I Started My Business With N600k. Here's the story. by Iamolukorede(m): 5:54pm On May 11, 2022
This sounds palatable to the hear, as much as I like to grind, I'm glad you took all the energy within you at creating a path way for yourself amidst the crisis running the Nigeria economy to the floor.

Look, you are redeemed for the top most top, no devil can be able to pull you back on your journey to make a living and besides I salute your dodgedness ..

3 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by checkoutEnugu: 5:56pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.



Beos but u havent said anything other than nothing.
Re: I Started My Business With N600k. Here's the story. by geosegun(m): 5:56pm On May 11, 2022
phemmyfour:
Involve one or two members of your family in the business so that the whole weight of your family won't be on your neck.

As the popular saying goes "A rich man in the midst of the poor is also a poor man"

Wrong advise. Be careful of involving family in your business. They may wreck you.

Encourage them.to sort themselves too. If you have the capacity to empower them, when the time comes, then do.
I repeat do not Involve Family in your business if you want to be successful and live long.

1 Like

Re: I Started My Business With N600k. Here's the story. by asobo1: 5:59pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.


Great

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by JBoss25(m): 6:03pm On May 11, 2022
Bar1941:
Congratulations, your success story is realistic, unlike those motivational speakers that will say they started there restaurants with a cup of rice.
no kill me this evening grin
Re: I Started My Business With N600k. Here's the story. by Ubongdemaga: 6:03pm On May 11, 2022
So inspiring.
Re: I Started My Business With N600k. Here's the story. by gadgethead: 6:03pm On May 11, 2022
I would be grateful if you can put me through the process. It sounds so straight forward but l am sure with your schooling, l might just turn it into a sustainable venture.

(1) (2) (3) (4) (5) (6) (7) (Reply)

Halima, Dangote’s Daughter Takes Charge Of Company’s Commercial Operations / Man Mistakenly Transferred N1 Million To Lady / Elizabeth Holmes: Rise And Fall Of The World’s Youngest Female Billionaire

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.