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How He Turned 70k Capital To 90m Annual Sales - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessHow He Turned 70k Capital To 90m Annual Sales (295 Views)

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How He Turned 70k Capital To 90m Annual Sales by Abksextoys1(op): 11:49am On Nov 17, 2025
That's the thought of a lot of people; even with 500k, they still stammer, forgetting that a lot of big businesses started with less.

I know a guy who started his business with 70k and makes tons today. He told me before starting.
You are right; it was about six years ago, and times have changed. I hope you know that a lot of people had 1m then and did nothing meaningful with it. The biggest capital for starting a business isn't always the money but the dedication to start and go even when it is hard to continue or start.
All his friends advised he calm down, he had a job. Only to realize that they all got sacked and only him was left. He resigned.


Here are the top takeaways from his story:
1. No amount is too small; you can start with what you have. If you want to be a chef, start with your stove.
2. Make money your sole motivation to start your business, and you will not last.
3. Find a mentor, someone willing to guide you. They learned from experience, and they can save you time and effort with their advice. You don't need a billionaire, just people who succeeded where you want to. Not your jobless acquaintances.
4. Treat your customers well, and they will vouch for you.
5. Hustle like your life depends on it.
6. Don't take money from your business too early; reinvest it.
7. Borrow to scale only; don't borrow to start.
8. Be a person of your word; you will be glad you are.
9. Never stop showing up, even when it gets hard.
10. Drop yours; let's learn together.
Re: How He Turned 70k Capital To 90m Annual Sales by papiSNEH: 12:53pm On Nov 17, 2025
I know of someone that started a business with just ₦500 right now his worth over ₦120M..please don't ask me for the full story. the little i can say is he invests in Europe and deals with big clubs undecided
Re: How He Turned 70k Capital To 90m Annual Sales by Osiris12: 1:41pm On Nov 17, 2025
I equally know someone who started with a 50naira loan and he’s worth 4billion today
Re: How He Turned 70k Capital To 90m Annual Sales by ayogabriel: 8:39pm On Dec 31, 2025
Oh well,

I see why some of us are where we are.
Everything to you is a flex.
Re: How He Turned 70k Capital To 90m Annual Sales by MercyFirst: 8:51pm On Dec 31, 2025
Abksextoys1:
That's the thought of a lot of people; even with 500k, they still stammer, forgetting that a lot of big businesses started with less.

I know a guy who started his business with 70k and makes tons today. He told me before starting.
You are right; it was about six years ago, and times have changed. I hope you know that a lot of people had 1m then and did nothing meaningful with it. The biggest capital for starting a business isn't always the money but the dedication to start and go even when it is hard to continue or start.
All his friends advised he calm down, he had a job. Only to realize that they all got sacked and only him was left. He resigned.


Here are the top takeaways from his story:
1. No amount is too small; you can start with what you have. If you want to be a chef, start with your stove.
2. Make money your sole motivation to start your business, and you will not last.
3. Find a mentor, someone willing to guide you. They learned from experience, and they can save you time and effort with their advice. You don't need a billionaire, just people who succeeded where you want to. Not your jobless acquaintances.
4. Treat your customers well, and they will vouch for you.
5. Hustle like your life depends on it.
6. Don't take money from your business too early; reinvest it.
7. Borrow to scale only; don't borrow to start.
8. Be a person of your word; you will be glad you are.
9. Never stop showing up, even when it gets hard.
10. Drop yours; let's learn together.
Did you learn all this from selling intimacy gadgets? grin
Re: How He Turned 70k Capital To 90m Annual Sales by juliusijidola: 9:23pm On Dec 31, 2025
papiSNEH:
I know of someone that started a business with just ₦500 right now his worth over ₦120M..please don't ask me for the full story. the little i can say is he invests in Europe and deals with big clubs undecided
Some times he also ventures into Asia Leagues...
Re: How He Turned 70k Capital To 90m Annual Sales by juliusijidola: 9:24pm On Dec 31, 2025
papiSNEH:
I know of someone that started a business with just ₦500 right now his worth over ₦120M..please don't ask me for the full story. the little i can say is he invests in Europe and deals with big clubs undecided
Some times he also ventures into Asia Leagues...
1 Reply

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