Hello NLers, I need an advice concerning my path.

I'm 21-year-old with an ordinary national diploma degree. my Mom is eager for me to pursue a university education, But I think it might be beneficial to start a business first, because my Mom recently has some financial issues due to one or two things which could impact my education once I gain admission, considering I'm not the only child

She already has some savings like 300k-400k to back me up, but I know she will really struggle to see me through cuz there’s no husband to support her and I don’t want anything that’ll make her to collect loan.

These are my skills and business idea:
1. Certified mobile phone technician.
2. POS business idea obtained from my boss.
3. Phone accessories business, involving local wholesale purchases and shipping from AliExpress and Alibaba.

Note: I also have like 100k savings acquired from my 7 to 7 job

Unclebayo:
Hello NLers, I need an advice concerning my path.

I'm a 21-year-old with a national diploma degree. my Mom is eager for me to pursue a university education

But I think it might be beneficial to start a business first, because my Mom recently has some financial issues due to one or two things which could impact my education once I gain admission, considering I'm not the only child

She already has some savings like 300k-400k to back me up, but I know she will really struggle to see me through cuz there’s no husband to support her and I don’t want anything that’ll make her to collect loan.

These are my skills and business idea:
1. Certified mobile phone technician.
2. POS business idea obtained from my boss.
3. Phone accessories business, involving local wholesale purchases and shipping from AliExpress and Alibaba.

Note: I also have like 100k savings acquired from 30k 7 to 7 job

Why not write Jamb and get admission in a school that will be in the same state where your business is
So that you can monitor your business after school

frozen70:


Why not write Jamb and get admission in a school that will be in the same state where your business is
So that you can monitor your business after school

thanks, the thing is that I need to choose one out of the 2 options(go to school first, start business later Or Vice versa)

Unclebayo:
I'm 21-year-old with a national diploma degree.

National Diploma is of two types. There is Ordinary National Diploma (OND) which is obtained after the first two years (aka ND1) in a polytechnic. There is Higher National Diploma (HND) which is obtained after another two years (4 years, aka ND2) in a polytechnic.

Which one do you have?

Brother forget business first and go back to school.
Education/Degree certificate will open many ways for you.

Good luck.

immortalcrown:
National Diploma is of two types. There is Ordinary National Diploma (OND) which is obtained after the first two years (aka ND1) in a polytechnic. There is Higher National Diploma (HND) which is obtained after another two years (4 years, aka ND2) in a polytechnic.

Which one do you have?

Ordinary(OND)

madridguy:
Brother forget business first and go back to school.
Education/Degree certificate will open many ways for you.

Good luck.

thanks

frozen70:


Why not write Jamb and get admission in a school that will be in the same state where your business is
So that you can monitor your business after school

Unclebayo:
thanks, the thing is that I need to choose one out of the 2 options(go to school first, start business later Or Vice versa)

Well, your mind is to make money before going to school due to financial issues which is good

But you can still run both, because very soon you may loose interest in furthering your education when the bigger money comes

Alternatively save and go bavk to finish your HND or go fir direct entry into university

Then if you should go for part time studies, no youth service for you, but you will be a graduate and have the certificate

Unclebayo:
thanks, the thing is that I need to choose one out of the 2 options(go to school first, start business later Or Vice versa)

starting a business in a school environment is good too. Especially when you start selling phone accessories or you are into repair of phones, this business are great deal in school environment.

To go through school now is hard oh..
Tuition fees has been increased as well as cost of upkeep.
Since you already have in mind to start your business, and you mum wishes you go back to school, Baba go back to the school now she has the money to sponsor.

While she sponsors you, save your money and cut down expenses so that you can have savings from the allowances you will get.

Start your business once you are in 200l-300l (the school I attended, if you don't have a good CGPA in 100l you will struggle to meet up) this way you kill 1 bird with 15 stones .

Have in mind you will need to find a way to shuffle between school and business.

Goodluck boss

That your 100k cannot setup any of the businesses you mentioned. I'll therefore advise you to go to school.

Obnoxious2001:
To go through school now is hard oh..
Tuition fees has been increased as well as cost of upkeep.
Since you already have in mind to start your business, and you mum wishes you go back to school, Baba go back to the school now she has the money to sponsor.

While she sponsors you, save your money and cut down expenses so that you can have savings from the allowances you will get.

Start your business once you are in 200l-300l (the school I attended, if you don't have a good CGPA in 100l you will struggle to meet up) this way you kill 1 bird with 15 stones .

Have in mind you will need to find a way to shuffle between school and business.

Goodluck boss

no need to start from 100 level boss, I have my ND cert

Unclebayo:
no need to start from 100 level boss, I have my ND cert

Sorry about it...

But I believe you get the idea..

Obnoxious2001:

Sorry about it...

But I believe you get the idea..

yes, thanks boss

Combine both, you can do it. In a decade time you will understand why you pushed yourself to the limit.

In order not to do poorly in school you have to be an excellent time manager meaning a lot of fun time will have to go to plan adequately for your tight schedule.

Given your age, and educational level I recommend starting a business. You are still young, as such you have the age advantage to explore and take calculated risks, that can reward you in the future.

But these questions you should be asking yourself are:

2) The so called business you intend starting, have you done a nice and concrete feasibility studies?

2) If things shouldn't work as planned do you have a plan B?

3) If things go sour later along the line due to the Nigerian factor, can you pick yourself up and move on?

Provide honest answers to these questions and weigh your options.

Sapeleboy911:
Given your age, and educational level I recommend starting a business. You are still young, as such you have the age advantage to explore and take calculated risks, that can reward you in the future.

But these questions you should be asking yourself are:

2) The so called business you intend starting, have you done a nice and concrete feasibility studies?

2) If things shouldn't work as planned do you have a plan B?

3) If things go sour later along the line due to the Nigerian factor, can you pick yourself up and move on?

Provide honest answers to these questions and weigh your options.

Deep

Nazgul:
That your 100k cannot setup any of the businesses you mentioned. I'll therefore advise you to go to school.

The way you guys are telling him to choose the school option en, come blike say free education don dey

Only year one ,acceptance fee,school fees,textbooks and other expenses can set up a good business for him..

Again,no be say after school job sure 100% yet.. He fit come out they will still offer him 50k job..

Unclebayo:
Hello NLers, I need an advice concerning my path.

I'm 21-year-old with an ordinary national diploma degree. my Mom is eager for me to pursue a university education, But I think it might be beneficial to start a business first, because my Mom recently has some financial issues due to one or two things which could impact my education once I gain admission, considering I'm not the only child

She already has some savings like 300k-400k to back me up, but I know she will really struggle to see me through cuz there’s no husband to support her and I don’t want anything that’ll make her to collect loan.

These are my skills and business idea:
1. Certified mobile phone technician.
2. POS business idea obtained from my boss.
3. Phone accessories business, involving local wholesale purchases and shipping from AliExpress and Alibaba.

Note: I also have like 100k savings acquired from my 7 to 7 job

You see my guy. To succeed in life is easy, many just don't know how to go about it.

Lemme tell you something. That your 100bar na just breeze.
You are 21 and you are still very young.
Instead of goin back to school this year. Leave this year and go learn a vocational skill. Be an apprentice of a handworker.

You can be trained in barbing, tailoring, hair dressing or any skill that doesn't take long. Once you are a certified handworker, reprocess your admission. And once it clicks, with that your 100bar: rent a small space near the school campus, buy a rechargeable clipper, a towel, mirror and chairs.

Do home service too. I tell you, student are more comfortable having a fellow student barb them.

Just have any handworking skill.

Come back and thank me.

FRANCISTOWN:


You see my guy. To succeed in life is easy, many just don't know how to go about it.

Lemme tell you something. That your 100bar na just breeze.
You are 21 and you are still very young.
Instead of goin back to school this year. Leave this year and go learn a vocational skill. Be an apprentice of a handworker.

You can be trained in barbing, tailoring, hair dressing or any skill that doesn't take long. Once you are a certified handworker, Reprocess

Op see better advise. Go learn skill ,open shop there after. Then start your school program.. You go don even get apprentices under you.. After school, you meet them up in shop.. You go fit sort yourself for school easily..

Unclebayo:
Ordinary(OND)

Go back to school in your state of residence. You can manage your businesses while in school.

Myrepublic:
The way you guys are telling him to choose the school option en, come blike say free education don dey

Only one term school fees,textbooks and other expenses can set up a good business for him..

His topic says should I start a business or Continue my education.

And he clearly stated that his mom has about 300-400k, if you add his savings and maybe help from concerned family members, he should be fine.

FRANCISTOWN:


You see my guy. To succeed in life is easy, many just don't know how to go about it.

Lemme tell you something. That your 100bar na just breeze.
You are 21 and you are still very young.
Instead of goin back to school this year. Leave this year and go learn a vocational skill. Be an apprentice of a handworker.

You can be trained in barbing, tailoring, hair dressing or any skill that doesn't take long. Once you are a certified handworker, Reprocess

thanks bro, but the 100k is just an additional oo, if I choose the business route, my mom is ready to give the 400k savings

Myrepublic:
Op see better advise. Go learn skill ,open shop there after. Then start your school program.. You go don even get apprentices under you.. After school, you meet them up in shop.. You go fit sort yourself for school easily..

You sabi the code. Many people dey go learn that handwork after first degree when them see say 9ja choke.

Myrepublic:
Op see better advise. Go learn skill ,open shop there after. Then start your school program.. You go don even get apprentices under you.. After school, you meet them up in shop.. You go fit sort yourself for school easily..

Sighted, but do you think the mobile phone technician I learnt is not lucrative enough? I’m ready to follow this advice…. Thanks in advance

Nazgul:

His topic says should I start a business or Continue my education.

And he clearly stated that his mom has about 300-400k, if you add his savings and maybe help from concerned family members, he should be fine.

Hmmmm,but you and I know that 500k no go anywhere these days. Accommodation and acceptance fee will first swallow that,and even more.. Not even now that all institutions increased fees to what an average Nigerian can't pay. But its left for op to make his decision.

Unclebayo:
Sighted, but do you think the mobile phone technician I learnt is not lucrative enough? I’m ready to follow this advice…. Thanks in advance

Phone repairs is nice,but if you can add laptop repairs too.. That's if your head fit carry the two like that.. Better still do the phone repair,and sell phone accessories alongside.

Myrepublic:
Phone repairs is nice,but if you can add laptop repairs too.. That's if your head fit carry the two like that.. Better still do the phone repair,and sell phone accessories alongside.

1 bottle of Heineken for you sir

Unclebayo:
thanks bro, but the 100k is just an additional oo, if I choose the business route, my mom is ready to give the 400k savings

There is no certainty of any business in Nigeria today because of the fluctuation in policies which is unfavorable to business owners.

With the current removal of subsidy, many large firms are folding up.

For this current 9ja, it's possible you go into business with 10Mils and return with debts. I'm telling you. My cost of operations from June 2023-December 2023 was more than my cost of operations for the whole of 2021, 2022 and the first half of 2023 altogether.

You can't run into debt with your handwork unless if you didn't know what you are doing.
Handworking is very sweet believe me.
There is almost no business that I haven't tried in this life so, I can give you a first hand advice.

Learn a vocation and turn it into business. If you learnt how to install electricals, you can end up selling electrical materials.

But learn something that will help you thru school. There is no place on earth today people don't barb their hair. This is a kind of skill wherein you can still succeed without connections.

***I updated my first response, please check it out
By the way, which business do you have in mind?

If you must go to school, make sure you study a good course. Don't go and study ceremonial course o.

FRANCISTOWN:


There is no certainty of any business in Nigeria today because of the fluctuation in policies which is unfavorable to business owners.

With the current removal of subsidy, many large firms are folding up.

For this current 9ja, it's possible you go into business with 10Mils and return with debts. I'm telling you. My cost of operations from June 2023-December 2023 was more than my cost of operations for the whole of 2021, 2022 and the first half of 2023 altogether.

You can't run into debt with your handwork unless if you didn't know what you are doing.
Handworking is very sweet believe me.
There is almost no business that I haven't tried in this life so, I can give you a first hand advice.

Learn a vocation and turn it into business. If you learnt how to install electricals, you can end up selling electrical materials.

But learn something that will help you thru school. There is no place on earth today people don't barb their hair. This is a kind of skill wherein you can still succeed without connections.

***I updated my first response, please check it out
By the way, which business do you have in mind?

Phone technician, phone accessories business, POS