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How Old Were You When You Made Your First Million?, And How? - Business (134) - Nairaland

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Re: How Old Were You When You Made Your First Million?, And How? by HardMirror(m): 7:12am On May 21, 2022
[img][/img]
Johnames:
bro please can you teach me this domain business
this is how you know people that cannot succeed. Always begging begging up and down. Cant you go on youtube and learn? Haba! I work online and everything I know I learned on youtube. Cant you think by yourself?

3 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Johnames: 1:51pm On May 21, 2022
HardMirror:
[img][/img] this is how you know people that cannot succeed. Always begging begging up and down. Cant you go on youtube and learn? Haba! I work online and everything I know I learned on youtube. Cant you think by yourself?
are you normal? Abi head dey pain you

9 Likes

Re: How Old Were You When You Made Your First Million?, And How? by HardMirror(m): 2:02pm On May 21, 2022
Johnames:
are you normal? Abi head dey pain you
keep begging

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Johnames: 2:56pm On May 21, 2022
HardMirror:
keep begging
fuckoff dickhead
Re: How Old Were You When You Made Your First Million?, And How? by HardMirror(m): 3:15pm On May 21, 2022
Johnames:
fuckoff dickhead
keep begging. Lol

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by saintruky(m): 3:24pm On May 31, 2022
lajid:


Praise God.

It’s funny how I said I’ll be back in two months when my money completes N1M.

Well, guess what. I don’t need two months, within 1 month, I have completed it and surpass it and I can confidently say I’m a millionaire cool

I’m 21 years old. Made this money from Domaining, before anybody asks, there’s a thread on nairaland that talks about domaining. I learnt there.

Next Steps: To make more money from domaining and expand into other things. Next is to make N5M, 10M and more.

The Dream is Valid, The Hype Is Real.

Thank you Jesus.

Link to the thread plz
Re: How Old Were You When You Made Your First Million?, And How? by FullBlastLight: 3:43pm On May 31, 2022
Well, I made my first milla indirectly sort of. I had up to 5 juicy scholarships while in school, which totalled up to 750k per annum.

I didn't really depend so much on the cash though so I had much of it saved away in my accounts.

After about 3 consecutive years in school, I had a net balance of a mill plus.

I guess I got paid for studying. smiley


Dis sounds so interesting, though!
Re: How Old Were You When You Made Your First Million?, And How? by justBreathe: 4:12pm On May 31, 2022
alvan06:
I was 19,I got contract of 2.3, within same period I was able to save 1.2 every year from (osusu) contribution ever since I have invested some much in landed properties

Hello alvan06,

I would love to learn about investing in landed properties.

Are you willing to mentor me?
How may I contact you please?
Re: How Old Were You When You Made Your First Million?, And How? by justBreathe: 5:23pm On May 31, 2022
femimighty:
Made mine ard 25/26years via stock market during the boom.I remember I bought a particular stock (200,000 units)at 69kobo and sold off in 9 months at around #7 per unit.I equally lost some money though I have since diversified into real estate.
Taking good investment decisions is very key to success.

Hello Femi,

Would you be willing to mentor me in investing in real estate?
How may I get in touch?
Re: How Old Were You When You Made Your First Million?, And How? by Emaxwell(m): 6:41pm On May 31, 2022
Made my First Million age 22

Squandered 500k in two month grin grin

All was gotten from doing Jobs for People and I won a competition that was a big boost

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by chordrylateral(m): 1:27am On Jun 01, 2022
27 that was last year

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Lilrichie419: 5:21am On Jun 01, 2022
21 this year

And I keep making more

We thank god for life sha

5 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Newusername(m): 11:09pm On Jun 01, 2022
Omo, inspiring stories. Will come back to update.
Re: How Old Were You When You Made Your First Million?, And How? by aidameoryou: 2:16pm On Jun 02, 2022
iwriterng:
22.

Made roughly 4million that year. (That was 2016 when dollar was crazy, made $5,000 in November and $5200 in December that year.)

It was all from amazon affiliate marketing.

I still do amazon affiliate marketing, and I have several sites now.

I’m worried I can’t get a regular job anymore, because I would be depressed to work for such little pay.



My brother good day to you.
I was going through an old thread on Nairalanders about how people made their first millions.

And your input caught my attention among others.

I would like you to teach me what you did and some of the things that I can venture on.
More especially on affiliate marketing.

I know something's could be easier with the right amount of info from an already experienced fellow, as some ideas fail because of lack of info.

Am not asking for money from you.
I simply need ideas and which you can tutor me on.
Am not a lazy person, as I know what efforts I've made towards my breakthrough, and still haven't found that path for me yet.

I'll appreciate your response thanks....

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by aidameoryou: 2:47pm On Jun 02, 2022
Sorry for sending same message repeatedly. Just trying to make sure I reply my mentions. Trying to show some few youths the legit ways of making money online. We tell it as it is and only those with burning passion will be selected because we are not here to sugar coat things to collect your money.
Re: How Old Were You When You Made Your First Million?, And How? by aidameoryou: 2:56pm On Jun 02, 2022
contact me on this number. Preferably on Whatsapp first. Let's know which of the online businesses is most appropriate for you. +2349033089849

My brother good day to you.
I was going through an old thread on Nairalanders about how people made their first millions.

And your input caught my attention among others.

I would like you to teach me what you did and some of the things that I can venture on.
More especially on affiliate marketing.

I know something's could be easier with the right amount of info from an already experienced fellow, as some ideas fail because of lack of info.

Am not asking for money from you.
I simply need ideas and which you can tutor me on.
Am not a lazy person, as I know what efforts I've made towards my breakthrough, and still haven't found that path for me yet.

I'll appreciate your response thanks....
Re: How Old Were You When You Made Your First Million?, And How? by aidameoryou: 5:22pm On Jun 02, 2022
Most of the guys forming millionaire here can not even boast of a 100k if asked to tender their account statements.... as for me I made my millions from selling choice plots of lands at different locations within my state,later on I got into mini import biz and started importing mobile phones both new and fairly used from China and USA...a lot of the ideas on nairaland business section really helped me,afterwards I bought some online manuals about how to sell on Amazon as a non US resident,without wasting time I gave it a try,I was selling different kinds of tech products,I get this products from sellers from alibaba in China.And with this business of selling on Amazon I was able to earn about 3 million naira in the first 3 months.

.

My brother good day to you.
I was going through an old thread on Nairalanders about how people made their first millions.

And your input caught my attention among others.

I would like you to teach me what you did and some of the things that I can venture on.

I know something's could be easier with the right amount of info from an already experienced fellow, as some ideas fail because of lack of info.

Am not asking for money from you.
I simply need ideas and which you can tutor me on.
Am not a lazy person, as I know what efforts I've made towards my breakthrough, and still haven't found that path for me yet.

I'll appreciate your response thanks....
Re: How Old Were You When You Made Your First Million?, And How? by SUGARCyprian247: 9:14pm On Jun 04, 2022
Jesus so this thread still dey here..

Omo few years ago when i was in trenches i read people's stories about how they made Their first milli and i was like God when


Chai..

Thank God shaa small money done enter

5 Likes

Re: How Old Were You When You Made Your First Million?, And How? by sEGXY2(m): 12:46am On Jun 06, 2022
Coming back to this thread soon by the grace of God.

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Nongovernmental: 12:29pm On Jun 08, 2022
This is a great thread to recommend to every beginner and person trying to find their path in making money online and offline.

We need such threads for Experiential Education of People in the society.


I'll also do well to drop an important financial update which people interested in investing on themselves thorough Cryptocurrencies and NFTs can Read up on and Follow Through with.

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Nongovernmental: 12:30pm On Jun 08, 2022
Nongovernmental:
This is a great thread to recommend to every beginner and person trying to find their path in making money online and offline.

We need such threads for Experiential Education of People in the society.


I'll also do well to drop an important financial update which people interested in investing on themselves thorough Cryptocurrencies and NFTs can Read up on and Follow Through with.


Don't waste your precious time online just reading news.


Learn to Invest in Yourself Digitally and Cryptographically:

https://www.nairaland.com/6962164/financial-freedom-enlightenment-financially-free



Read the thread below:

The Best Investment is On Yourself:

https://www.nairaland.com/7129969/best-investment-yourself-step-step/2












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1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Keenging: 12:26pm On Jun 25, 2022
Keenging:
I'd be back here to post by June latest.. Amen ��
I DID IT GUYS! Promised myself I’ll be here by June and here I am! Made my first million (2 already sha lol) at 17, the goal was to do it before 18, I’m glad God made it happen. Tbh, it doesn’t make that much of a difference.. it’s just cool to say “I’ve made my first million” but I’m happy. I pray that we all make it and make x100 before we spend am finish.

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by KubwaBoy: 12:32pm On Jun 25, 2022
Can you share details of the business that made you the million?
Keenging:

I DID IT GUYS! Promised myself I’ll be here by June and here I am! Made my first million (2 already sha lol) at 17, the goal was to do it before 18, I’m glad God made it happen. Tbh, it doesn’t make that much of a difference.. it’s just cool to say “I’ve made my first million” but I’m happy. I pray that we all make it and make x100 before we spend am finish.

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by coolqayy(m): 11:31pm On Jun 27, 2022
I buy Deriv fund #585/$1
Escrow: Deriv P2P
Username: coolqayy
Fast payment guaranteed.
Re: How Old Were You When You Made Your First Million?, And How? by Greenscientist: 6:54pm On Jul 03, 2022
soliufiljannah:
26 Investing in domain names
Re: How Old Were You When You Made Your First Million?, And How? by Greenscientist: 6:58pm On Jul 03, 2022
Lemme book space
Re: How Old Were You When You Made Your First Million?, And How? by Ephraimryder(m): 6:07am On Jul 07, 2022
Coming back here in November to say I made it!
Re: How Old Were You When You Made Your First Million?, And How? by KBARBIE(f): 10:11pm On Jul 07, 2022
justBreathe:


Hello alvan06,

I would love to learn about investing in landed properties.

Are you willing to mentor me?
How may I contact you please?


You buy land and wait till it appreciates.
Re: How Old Were You When You Made Your First Million?, And How? by sisiko: 9:39pm On Jul 09, 2022
oloyolo:


a lot of my philosophy has changed since then.

I'm still interested in domain name and softwares but like I said I am trying to gain momentum. I have the knowledge but I'm working on raising capital. in fact I know more about domain name and softwares now than I knew then.

that is why I believe my come back will be massive, I'm not in a rush.

this actually the first time am coming out to talk about my failure, I used to hide it because I didn't want people to judge me as stupid.

plus after the whole thing happened, I fell into a long cycle of depression, lost my self esteem, became a chronic procrastinator and dopamine junky, I would troll youtude and nl day and night just to evade reality did drugs and all.

but just last month I read a book that changed everything "what learned losing a million dollar"

that book changed me in every way. if I had my way I will make everybody I know read that book.

don't worry you will soon hear the part2

Please how can I get this book "what learned losing a million dollar" to also help out of depression and procrastination do you have a soft copy of the book

I will appreciate if you can mentor me on domain name and software buz

You can reach me on

aadekunle4@gmail.com

Looking forward to favourable consideration
Re: How Old Were You When You Made Your First Million?, And How? by NwadykExcel(m): 1:56am On Jul 10, 2022
The10thMan:
I Was 26.

Graduated school in 2004. Just before graduation, my mother had advised/suggested that I learn a vocation. ''Handwork'' as she calls it. But for reasons I cannot recall, I did not. A resourceful woman that she is. She knew that a craft or skill could always put food on the table when the chips are down with respect to a graduate's certificate. During NYSC, I taught in a remote village and learnt French. With respect to entrepreneurship, I only thought of buying cheap food stuff and sending to my home state. But I never pulled this through. Eventually, (both during and after NYSC) I choose to apply for various jobs. Any that was available. I needed seed capital for my dream. I recall trekking Trans Amadi Industrial Area in PH dropping CVs to companies. Many oil and gas servicing firms were there. Out of desperation,I even went to Primary and Secondary Schools to look for teaching jobs. Come see their shakara untop my 4.01 Second Class Upper. cheesy But I couldn't be bothered. I knew I needed to get a job first, then raise seed capital even if I wanted to start a business. Background was humble and family was just managing. Wrote various aptitude tests for banks like Intercontinental, other banks, Freisland, Diageo, LNG, etc. And another test with an Oil and Gas Agency. The first job I landed was with a bank. Old Generation Bank still existing today. Got a job as a Banking Assistant-Graduate Trainee. Went to Lagos for 1 month training and was posted to the Eastern Part of Nigeria. While in the bank in 2007, the Oil and Gas Agency finally called. Their recruitment took super long. Left/dumped the bank like crazy. Resigned without thinking twice. Salary in the Bank was 59,000 monthly back then. One of the lowest paying.

In my new job, housing allowance was 1.6 Million annually. Salary about 200k monthly. Not to mention hazard, offshore, etc. allowances. I was 26. I recall I called up my friends in the bank and jokingly told them they are all small boys.. grin grin grin grin. Teasing them and telling them how if I wanted to I could buy a car every year. By God's grace, Finances have never gone below 1 million naira. Savings alone with Work Staff Cooperative Society is multiple millions. ONE IMPORTANT THING IS I KEEP MY LIABILITIES AND EXPENSES LOW and still do. Never believed in the ''I need to upgrade so people know I have arrived'' mentality. I dont need any man or fine girl to see me as ''A Big Boy''. I successively acquired 4 properties. 2 Lagos and 2 back home. Built first house in Lagos. Added two shops to the front section. Completed and rented all flats and shops out. I still live in a rented apartment. It is cheaper for me to stay there than in my house.

Eventually, those with financial intelligence know that money in the bank and dormant salary/income doesn't bring returns. Money is a messenger and money doesn't like being idle. You need to send it on good errands to bring more money, and the cycle continues. Also, there is time value of money and money depreciates. With all these at the back of my mind, I urgently needed to transfer a lot of my finances into assets that will generate income. This is still my biggest challenge today. How to identify good investment opportunities. Additionally, as Warren Buffet said If you don't find a way to make money while you sleep, you will work until you die. . There was need to invest in passive income businesses.

I have focused greatly on developing my skills and developing myself professionally in my area of expertise/discipline. I eventually set up a Consulting Firm/Company in my area of expertise with freelance workers. I read a lot, pay for courses myself. I do not always wait for my organisation to train me. All these coupled with work sponsored courses ensured I knew my onions in my field. I love to read about wealth creation and financial intelligence. I have a crazy collection of over 20 books. Kiyosaki, Trump, Napoleon Hill, etc. and I love watching Grant Cardone, Tai Lopez, etc. on Youtube at my spare time just for encouragement. My job is still there by Gods grace and I am rising through the ranks. Consulting firm is growing strong. Now Consult for both Upstream and Downstream Companies. Trying my best to brand the company with a good website, good brand image, modernized logo, etc. Currently, I have the desire to open a conglomerate to diversify to various sectors. Picture Dangote Group. Called up a lawyer for advice. I intend to go into a lot of business ventures. I shall do Healthcare/Pharmaceuticals, Construction, Real Estate,Catering Hospitality and Tourism, Marine, Telecoms, Financial Services, Foods, Entertainment, Mass Communication/Media, Education,Agriculture & Agro-Allied, etc.

Recently, I realized that needed daily revenue and need more income streams. Having A job is an income stream, having a consulting firm is another income stream. But I could do better. No need to wait till end of month for pay/salary or wait till companies pay for contracts executed. Some companies can owe you for ages on completed jobs. My Consulting brings money but you have to chase contracts and bids etc. Plus, contracts dont come easy. Also, price war between contractors drives down profit margins a lot. All these in mind, I am currently planning to open a Mini Plaza with a lounge anywhere after Ajah Axis in Lagos. Currently, searching for property for this venture. Need something with daily returns so the idea that I should open my own Lounge/Bar/Cafe with a small plaza for sharwama,asuun,nkwobi, fried potatoes etc.I have always pictured myself closing from work and going to handle my business at the Lounge/Bar & Restaurant and watch customers eat, drink, chat, laugh and merry. That is my next project and next income stream. A fourth (4th) income stream I am planning is to follow Grant Cardone's idea-''build multi-family dwelling housing in a property instead of a single family unit''. So picture multiple 1 & 2 Bedroom self-cons./apartments instead of a gigantic big duplex. With the multi dwelling units you are sure of some rent. Intend to do this with the other land in Lagos and more I intend to acquire in other parts of the world (Yes the World).


ONE BIG MISTAKE I MADE WAS NOT LISTENING TO MY LATE MUM. Like I hinted, she practically forces all her kids to learn a vocation/a skill regardless of how highly educated you are.All my sisters can sew, cook, bake, make soap, grill fish etc. Personally, she wanted me to learn Welding and Fabrication. Perhaps, I felt I was too educated for it or something, but I never did. Perhaps by now I would have been constructing Sky scrappers and handling huge projects with my current knowledge and exposure.

Taken liberty to post a few diagrams to educate people in a glimpse about financial intelligence. How the rich use income to create assets that generate more income. And how the poor use income to create liabilities that keeps them poor. The poor spend money on liabilities. To them that is ''enjoying'' life. The rich spend on assets. These assets are GOODS,SERVICES, PROCESSES that can solve human/society's problems. In Economics, this is called UTILITY or VALUE. Utility can be TIME UTILITY (You help people save time), and/or FORM UTILITY (You produce something in a way people want it) and/or PLACE UTILITY (You bring something closer to people so they easily reach it). Humans naturally want value and so they take decisions on any thing that will give them least risk, least effort, cost them less time and highest value/less money. The wealthy and wealth creators realize this and do not really focus on the money but focus on solving problems (creating utility) which people are willing to pay them money for. The rich get seed capital, invest it to create wealth. The poor/managing get seed capital and buy liabilities that even put them into more debt. THE WHOLE WORLD NEEDS FINANCIAL INTELLIGENCE AND THE PRINCIPLES OF FINANCIAL INTELLIGENCE SHOULD BE TAUGHT IN SCHOOLS.

All in All I am GRATEFUL.

Near-Masterpiece.

2 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by NwadykExcel(m): 2:29pm On Jul 10, 2022
Agbami-200k
Total-150k
FG-150k
State gov-100k rising to 200k as you progress.
A foundation paying students from 5 LGAs in my state- 150k.

I had to sit for many qualification tests though. smiley

Also, it did depend on the course I studied too.

cc: anuanu


What course did you study?

Funny,i was 16 when this thread was created (remember it vividly) and now i'm 20.
Re: How Old Were You When You Made Your First Million?, And How? by Dreiwizzy: 6:31pm On Jul 12, 2022
BOOM�

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