₦airaland Forum

Tisham20:
Sporty-bet run am for me make season do start Biko

Na them gave me my first 2.1m with 10 naira stake. Before that, I never see 1m cash wey be my own.

KStylist:
I've had about ₦3.9 million before, but that money was saved for a specific purpose. Spending it recklessly would have set my life back by years.
This, however, is different.
For the first time in my 31 years, I' have just made my first ₦1 million that's truly mine, not capital, not borrowed money, not savings set aside for a project, but pure profit accumulated over several months from a small business I've been running.
It feels like a completely different milestone.
How long did it take you to earn your first ₦1 million in actual profit?

What Business Is This ?

HelenaWills:
Lol. I was 23 when I made my first million, thank God for growth.
Congratulations on your own milestone. It can always get better.

What Business Gave You Your First Million Block?

Britishcoins:
I was like this ops in 2019, that year was terrible for me, serving my uncle 10 years and was settled with just 50k, as if it is not enough I lost my mother 2 months later,
the little they gave me I spent it on hospital and burial...

it was my 18 years old brother that gave me 100k.. I used that money to rent container shop and start to sell clothes, today I have 2 houses and car and lovely wife and a son... planning to build my own shop soon by the grace of God... life is a step...

My breakthrough came from collecting goods on credit and paying them back ASAP

You supposed to have built those shops before building houses. You build your business first before building house

SSpeter:
I made my first million before resuming my first day at the office. My relocation allowance plus other incovenience allowances gave me my first 1.6m. It was a good start for me.

Are you working in an oil and gas company

Life was really difficult for those of us that didn't have family inheritance.
I made my first N1m at exactly 40 years old, 14 of August 2022 to be Precised.
The money was about N1.3m and to my surprise, three weeks later the same year, I made another N1.9m.
In short, I made about N4.6m within 4 months that same year, I'm now 44 years old and God has been faithful.

Around 26..year

Moveittothem:
First 1m is now like first 10m

1m is like 2015 100k

I swear Dem no ask u this one

emoneyrano:
And many poor people now will spend their old age in luxury?

Abeg oh
The plan is make your millions while young
Invest in property and other assets .

Once your hustling muscles are weak and you dont have any business or strong pension
All this talk no go get head
My father colleagues that invested well in their hey days. At least I know more than 5 none are in penury. So make I use those ones as example

We live in a country that has zero support for the elderly

No beef why ur papa colleague and not it day abi the old man f up

KStylist:
I've had about ₦3.9 million before, but that money was saved for a specific purpose. Spending it recklessly would have set my life back by years.
This, however, is different.
For the first time in my 31 years, I' have just made my first ₦1 million that's truly mine, not capital, not borrowed money, not savings set aside for a project, but pure profit accumulated over several months from a small business I've been running.
It feels like a completely different milestone.
How long did it take you to earn your first ₦1 million in actual profit?

Nigeria is truly a very poor nation, the money in your account is less than $1,000

Fekumzi123:
I have never made 1m before and I'm 40 already. But I'm not complaining. Ayam Mr contented.
I have two friends who have made N30m and N40 at once in the past, they're both broke now and unmarried.
On the other hand, I am married with three kids and surviving.

Nsogbu Akalia

What is constant in life is change, anyone can make 1million Naira and lose it in seconds to anything. Watch and pray. Protect your money by investing it. Inflation will eat that money away in no time.

Get a domiciliary account and change that money into GBP or USD and keep it there. Make that money work against inflation for you. I can bet it with you, if you keep that money in domiciliary account and change it back in 3 to 4 years, it would have doubled. Only keep your emergency fund in Naira.

At a point, an aluminium fabricator close to me had =N=1 million profit, when USD was at =N= 900/ $1, I told him to buy $1000 USD and keep it for a year or two instead starting aother business that he knows nothing about, USD went to =N=1,900. I asked him to sell it, he refused but ended up selling at =N=1730/$1 after the moment naira started appreciating.

Ask AI about Nigeria economy and our inflation rate. Our inflation can not sustain our exchange rate. Naira is being patched.in few years Naira will collapse further into average of 2k/$1 if not worse. Do not let inflation eat your money.

in short run, this advice does not really make sense but in the long run it pays.

I am happy for you. Keep it up.

KStylist:
I've had about ₦3.9 million before, but that money was saved for a specific purpose. Spending it recklessly would have set my life back by years.
This, however, is different.
For the first time in my 31 years, I' have just made my first ₦1 million that's truly mine, not capital, not borrowed money, not savings set aside for a project, but pure profit accumulated over several months from a small business I've been running.
It feels like a completely different milestone.
How long did it take you to earn your first ₦1 million in actual profit?

Congratulations to you. For me I was 19, got mine from bonuses, PR and allowances strictly from my first job at that time. It was in the private sector.

Officialpyper:
Who asked you about your friends? Always finding contentment in others miseries

Exactly...talking like marrying and having 3 kids is the topic of discussion here. Smh

Hmmmm I never even make 100 000 , God help son of man

TheWebbers:
I am one hell of a risk taker. I am not resting until I become billionaire in dollars. In chasing the big bag, you risk more.

Everytime I crashed, its because I am putting money in new ideas and business and all.

Everytime I make something huge, its still because I put everything in some deal or business.

I wont stop till I blow like mad

interesting...

Richtaiwo:
Just here to read lies from clout chase on social media. I know some will claim their account balance at the age of 10 was already reading several millions.

just like to follow you when you read any negative comments

Tag me make i insult am to

But am old but have not make million o

Family support to much 🙏

Made mine at 31 through dry cleaning. Now doing something 3 times better.

Age of 20 or 21 thereabouts, first big bag was about 25M, im glad I invested it wisely, im still eating from the dividends

You still sell ebooks?

TheWebbers:
Wait, so there are people who are grown and never made 1 million Naira? Thats less than $800 na.

Wow!

Not mocking anyone tho, I'm just surprised.

Made my first one million at age 21 in 2008 selling ebooks for 2k. Sold about 600 copies after running an advert on one newspaper that year, Success Digest paper. Adjust that to inflation and it should be over 10 million Naira today.

I have made several tens of millions over and over and over again and gotten broke over and over and over again since that time. Going broke, getting back up, going broke again and getting up. Now I am up again, hopefully I wont go back broke again.

Its been one hell of a journey.

Why did it take you that long?

masterflowx:
Life was really difficult for those of us that didn't have family inheritance.
I made my first N1m at exactly 40 years old, 14 of August 2022 to be Precised.
The money was about N1.3m and to my surprise, three weeks later the same year, I made another N1.9m.
In short, I made about N4.6m within 4 months that same year, I'm now 44 years old and God has been faithful.

FarmilyFinance:
What Business Gave You Your First Million Block?

I didn't take the traditional entrepreneurship route. I’ve never owned a business; my background is strictly in the tech sector, and that’s where the career growth and financial milestones came from.

Why did you left the laundry business?

Etosha:
Made mine at 31 through dry cleaning. Now doing something 3 times better.

Officialpyper:
Who asked you about your friends? Always finding contentment in others miseries

thats the typical mindset of a Nigerian poor man..they are happy when they see others failing...

What do you mean by tech?

HelenaWills:
I didn't take the traditional entrepreneurship route. I’ve never owned a business; my background is strictly in the tech sector, and that’s where the career growth and financial milestones came from.

Love800:
What do you mean by tech?

Haha, it means I’m a software developer. I build the apps, websites, and systems you use every day. No products, no storefronts, just codes.

I borrowed from our staff welfare cooperative as a staff

peacenow:
What is constant in life is change, anyone can make 1million Naira and lose it in seconds to anything. Watch and pray. Protect your money by investing it. Inflation will eat that money away in no time.

Get a domiciliary account and change that money into GBP or USD and keep it there. Make that money work against inflation for you. I can bet it with you, if you keep that money in domiciliary account and change it back in 3 to 4 years, it would have doubled. Only keep your emergency fund in Naira.

At a point, an aluminium fabricator close to me had =N=1 million profit, when USD was at =N= 900/ $1, I told him to buy $1000 USD and keep it for a year or two instead starting aother business that he knows nothing about, USD went to =N=1,900. I asked him to sell it, he refused but ended up selling at =N=1730/$1 after the moment naira started appreciating.

Ask AI about Nigeria economy and our inflation rate. Our inflation can not sustain our exchange rate. Naira is being patched.in few years Naira will collapse further into average of 2k/$1 if not worse. Do not let inflation eat your money.

in short run, this advice does not really make sense but in the long run it pays.

I am happy for you. Keep it up.

This is a great advice. I remember telling a friend to do the same in early 2023 when USD to Naira was 650 and he listened. Luckily for him, he made over $10k in profit when the exchange rate skyrocketed.

Fekumzi123:
I have never made 1m before and I'm 40 already. But I'm not complaining. Ayam Mr contented.
I have two friends who have made N30m and N40 at once in the past, they're both broke now and unmarried.
On the other hand, I am married with three kids and surviving.

Stop being jealous. Focus on yourself alone. Why the pulling down syndrome?

Wotowotoman:
Ogbeni, 1 million naira is not a lot of money today. Wetin 1 million fit buy? You better go and double your hustle

no be by hustle. You for no get money reach ppl wey dey push water or split firewood or break stone. If God run am for you, no dey see others as lazy ppl. You fit hustle pass everybody, if God no run am for you, you go still poor. Plus, allow the op celebrate him achievement, 1m fit no be big deal to you just as everything wey you get no be big deal to another person. Life na stage by stage, 1m today for turn 10m tomorrow. I celebrate you op, may God not saddle you with what will wipe your finances.

Agro business, Export.

egunna:
no be by hustle. You for no get money reach ppl wey dey push water or split firewood or break stone. If God run am for you, no dey see others as lazy ppl. You fit hustle pass everybody, if God no run am for you, you go still poor. Plus, allow the op celebrate him achievement, 1m fit no be big deal to you just as everything wey you get no be big deal to another person. Life na stage by stage, 1m today for turn 10m tomorrow. I celebrate you op, may God not saddle you with what will wipe your finances.

Hmmm 🤔