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'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) - Business (5) - Nairaland

Nairaland ForumNairaland GeneralBusiness'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) (20853 Views)

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Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Diligence: 6:32am On Jul 07
Another Perspective

Because of this claim of making so much, Nigerians may start digging deep about this woman...

Another Perspective: Illegal 'Tax Collectors" may increase taxes they charge Kulikuli, Corn and Akara sellers...
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Coolboy009: 6:34am On Jul 07
datola:
Once you start making small money na house abi mansion you go build to announce your arrival so that the business will die in no time.
2.5m a month na small money for a corn seller. Some civil servant annual Salary no reach 2.5m.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by RolexOfGeneva(m): 6:36am On Jul 07
eepeepook:
People are making wealth in the real world. Broke people online are making noise. I will always respect the white man for monetizing ignorance. The door automatically became wide open for anyone to become a millionaire off others’ willful idiocy.
You sound so unintelligent for believing this lie. How can a 50,000 capital business generate 2.5 million? If that was true, almost everyone would be roasting corn.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by GloriousGbola: 6:52am On Jul 07
eepeepook:
People are making wealth in the real world. Broke people online are making noise. I will always respect the white man for monetizing ignorance. The door automatically became wide open for anyone to become a millionaire off others’ willful idiocy.
This went hard
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by BucketHat(m): 7:02am On Jul 07
Sheerbliss:
Pure lie. Corn is a seasonal crop. How much is one corn sold for? How many corn she sell per day. In that video I did not see traffic of people lining up to buy.
First off,this woman corn nor be seasonal ooooo!!!

Nah GMO corn she deh sell & 1 corn na 3k🤔
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Emaprince: 7:04am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
Typical explanation from the camp that do everything to support criminals. You had to claim she sells 3 bags of corns in a day to make 90k in your wildest dream. Smh. Who are the people eating 3bags of corn in a day by the road side? Is she the only corn seller in that area sef?

Corn is even seasonal and not really availlable like that all the time.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by CosmicJames(m): 7:04am On Jul 07
Breaker001:
May God forgive her for these lies.
At first,.she wanted to say twenty five thousand (#25,000), then she suddenly remembered she has been paid to tell the useless lie. 😎
I think she actually wanted to say N25M, but quickly realize the lie will be too much. So she reduced it to N2.5M instead
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Jeezuzpick(m): 7:08am On Jul 07
smallsmall:
And How much Annual Tax have you been paying on that #2.5Million?
Despite the #2.5Million, you still look Wretched.
Despite the #2.5Million, you have not been able to grow your Corn-Seller Business and you are still by the Roadside!
I pray you DONT get runover by a Truck.
Stockholm Syndrome at Play.


This kind of fake stories is what you hear, from poverty-stricken people who are offered Money to indict themselves.
In any sane Society, she will be forced to payback all owed \taxes or even go to Jail.

But ofcourse, this is just GOVT PROPAGANDA ON STEROID, using their Social Media Paid Influencers to spread lies. grin grin
The story is the GREATEST CAP OF ALL TIME!

That woman is the GCTEC

Greatest

Capper

That

Ever

Capped.

Where is her stall?

How many people know her there?

I fit bet anything say she no be real corn seller.

The best way to make money in sales is to OWN THE FUHCKIN FACTORY, i.e, produce what you sell.

She'll have to own a huge farm, sell raw corn to other sellers and sell at multiple locations to make millions monthly.

Meanwhile, where's the queue of happy customers lined up to buy her àgbàdo?
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by millhouse: 7:16am On Jul 07
Fortune at the bottom of the pyramid . So much money in the informal sector , but that my ex will prefare to follow sugar daddy
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Northsouth(m): 7:21am On Jul 07
demstone:
U TOO BIG TO SELL AKARA

U WAN DO OIL & GAS...

BUT U BIN FORGET SAY EVEN DANGOTE 1ST SELL SALT
obviously you know nothing, and you understand nothing.
You're misinformed and disinformed
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by BetterScottish: 7:26am On Jul 07
symbianDON:
when he gets 'freedom' from his current uphill task of an online job grin
Abeg dey let some of us hide for corner fess or wear bulletproof before you begin faya wetin no good 😂..see as you finish one full magazine on top that Databoy
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by geoworldedu:
Adakintroy:
I don't know about her. But me as a dispatch guy. I make up to a million a month. I tell people they don't believe me. Am like I know that was why I told you be cause I know you won't believe.

People don't ask intelligent question to arrive at plausible cause. They just want to judge. In lagos making a million in a decent business is easily random.
I believe you on 1m monthly. If you hustle very very hard in businesses that people must patronise, then you will make such amount. But making 2.5 m in Agbado business is a very exaggerated lie.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by correctguy101(m): 7:30am On Jul 07
At 500 naira per corn she's saying she's got over 160 customers daily?

Lols, e come be like say na only she dey sell corn for the next 50miles... Which from my knowledge is impossible.

It's okay to say you get enough to get by, but claiming to make profit of 2.5m a month, I no go believe such talk. You know the meaning of daily 160 customers?

There are businesses, small trades that get up to 30 to 50 customers a day and if those make such claim zzz depends on what they're into, I'll believe it as I could relate but no be 300 to 500 naira corn na...

APC and their supporters, una see una life? Una think say everybody stupid like una, if una wan lie sef, at least use ya heads...

SMH
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Hezmatosky210: 7:33am On Jul 07
Check well well, she's from the southwestern part. These are the people who are not known with farming. Fast forward.......... one roasted corn for 1k? As haw naw? angry pls lie to us small small naw cheesy
Even if it's a big sized corn let's assume o, but you won't be lucky as a sell to have the whole bag of corn of that size. Do you know that 200 pieces of corn can reach up to 10 bags? Yes am telling you grin infact am telling you grin grin grin
Except norbe only roast you dey roast am angry



This one na campaign jor grin grin grin yes am still telling you grin grin grin
Even filling stations no make such money grin
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Bluntemperor: 7:34am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
The Corn Seller Might Not have given you an Accurate Number of Money She is Making But She Has The Facts:
•A good analysis there,for ALL TO SEE 🥳.
But the Foolish Ones -will argue because -they love Easy life,
-Laziness ,
-Truancy and,
- They want people to Pity them.
• Most Nigerian Youths ( Not All ) loves to be gerrymandering- life without Directions and they Are On Social Media -24/7 .
What you hear most times is ,
' it's Not Possible,'
Oh,they Sponsored,by the RULING Party to Speak that and all those Stuffs '
-In your Analysis - you Ommitted something - that the Corn -Seller Do:
•She Keeps An Incomplete -Record Of Accounting/ Bookkeeping,
• She Add Roasted Plantain into her Stuff,
• a Single Roasted 🍠 Plantain is at Least N5-N700,per a Stick.
• She Add Bottles of Fried Groundnut - a bottle of ground nut 🥜 is 3k upwards.
These Corn Sellers Or Akara Sellers Do Not Need the White Collar Men Validation - because All of Una are on Tie 👔 and jackets 🧥,so you can continue to leave in Self -Denial.
Here,I'm not justifying Senator Remi Tinubu Statements as Absolute, because Ordinarily,you need at least 100- 150k,as a Start Up Capital- but what She( Mama Tinubu ) meant is- Start Something Small '
-Besides,All the People On Social Media - have you Read A Book Titled -'Start Small and End Big '
-Afterall,Dangote Started Small - When his Brother - Alh.Danta gave him an Initial Capital.
•What Many NIGERIANS Needs Is the Initial Capital Amount that they can plug into.
-Remi Tinubu Statements on Akara - is just being Twisted,Manipulated by the Social Media gaulible audiences - just to gain traction!
• Did Any Of You know What Seun Osewa - Is Making Per Day or Month or In a Year ⁉️
-Make Una Continue to despise the Small Begining!
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Goldbw122(m): 7:38am On Jul 07
You guys don't see what she is doing she want to trend.. simple.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by SonofElElyonRet: 7:40am On Jul 07
Prestar:
It's good to dream big
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by correctguy101(m): 7:43am On Jul 07
Menclothing1:
250k I can believe but I shouldn’t doubt people business highest grossing food vendor on glovo

Amoke oge has up to 7 bukas in Lagos. She also delivers on other apps like glovo too, not only Chowdeck.she made 2.3b in one year

I shock when I see her revenue on glovo app
That's a different issue entirely. She can even average that from only one buka depends on her management.

But roasting corn from just one corner, no online sales, no multiple locations where she has people working for her? E no go make any sense no matter how you wan look am.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Teeroyzimma: 7:48am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
if you believe this nonsense then you're as silly as her
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 7:55am On Jul 07
1. I never said I believed the story. I’m only going off the headline. I don’t care what the article states.

2. I’m pointing out a fact; broke people will always talk. They spend so much time raising talking points that they can’t look inward to fix their own problems.

3. Almost any profession can make one a millionaire. In the US, the most mundane of jobs make people silent millionaires. Luck also plays a role.

RolexOfGeneva:
You sound so unintelligent for believing this lie. How can a 50,000 capital business generate 2.5 million? If that was true, almost everyone would be roasting corn.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 7:57am On Jul 07
Wealthy and rich are different, however, both are better than being poor. Money will always be made. No matter how bad things become, millionaires will always arise. Some commodities never go out of season.

chidiokay:
yes, people are making wealth is the real world, buh wealth is attribuateable to multli rich which reflects a very few population of thecnation
i doubt you know wealthy is different from bring rich,
lastly what does the stat say, people are making money ofcus, the rich are getting richer while the poor are getting poorer no thanks to Govt
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 7:59am On Jul 07
I never said I believed the claim. I’m voicing a common observation.

Oakenshield:
she can never make that amount in a month because how much is crn abi she dey sell 20 bags of roasted corn every day. This na pure propaganda see her stall and environment
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 8:00am On Jul 07
Who says I haven’t?

Tingotoe:
And isn't it ironic that you haven't walked through that door?
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 8:01am On Jul 07
I don’t believe it.

palsenator:
You dey speak grammar... Speak on this 2.5 million first
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 8:01am On Jul 07
Anytime, any day.

gentlekeny:
Thanks for the motigbetional speech
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by TEYA: 8:23am On Jul 07
ImoleNaija:
Even if she dey stay Lekki, she no fit make am.
Assuming she sells each corn at #500, to make #2.5m monthly sales (not profit o!), she needs to sell 5000 corns monthly (or about 170 daily, unfailingly and she must work 30 days if the month! Good luck to her.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by chidiokay: 8:24am On Jul 07
eepeepook:
Wealthy and rich are different, however, both are better than being poor. Money will always be made. No matter how bad things become, millionaires will always arise. Some commodities never go out of season.
uncle no be like roasting corn, You can"t make millions no even think, roast corn inside banana island you can't make it big. You know why??

people have entitlement nentality that some commodities must be Cheap, cos its mostly ascribe to the poor, thats one of the reasons some of us lambasted the 1st lady

there are some jobs and trade you do ...no matter the effort you put into it ... you cant be a millionaire
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 8:27am On Jul 07
The suya man I patronize will say otherwise.

chidiokay:
uncle no be like roasting corn, You can"t make millions no even think, roast corn inside banana island you can't make it big. You know why??

people have entitlement nentality that some commodities must be Cheap, cos its mostly ascribe to the poor, thats one of the reasons some of us lambasted the 1st lady

there are some jobs and trade you do ...no matter the effort you put into it ... you cant be a millionaire
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by fitinwell: 8:28am On Jul 07
Prestar:
You make ₦2.5M monthly and you don't have a Staff you employed or paying not even a sales rep or marketer..

Madam your lying skills need to be tested.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Achor1111(m): 8:30am On Jul 07
haykes:
Show us your house madam
lie lie woman
She can't do content again since corn business is not going?
Na hustle she dey hustle.
As corn no go, content must go!
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Achor1111(m): 8:31am On Jul 07
Abeg! Make una no take am serious, na content!
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Kukutente23: 8:32am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
You said she'll buy one bag of corn at 45k and sell at 30k. How's that profitable?
Besides, roasted corn especially has its own peculiarities compared to other cooked stuffs. You can't "cook" and store it. It has to remain on fire till it's sold out which makes the sale slower. Selling 3 bags of corn a day seems a big ask in that regard
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