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Please Help!!! Is My Business Partner Cheating Me?? - Business (2) - Nairaland

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Business Partner Needed. / "2 Years Ago I Started My Business With N30K But Now.."Nigerian Man Reveals.PICS / Is NIPOST Cheating Me? (2) (3) (4)

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Re: Please Help!!! Is My Business Partner Cheating Me?? by johnaruson(m): 9:58pm On Sep 11, 2016
Stop posting none sense here, greedy man and clueless bloggers,

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by HISWAYS(m): 9:58pm On Sep 11, 2016
i think u shud concentrate on getting the experience first and not the cash...you can start ur own after school with the experience and connections aquired..that alone for me is the biggest BAM
Re: Please Help!!! Is My Business Partner Cheating Me?? by Raymondif: 9:59pm On Sep 11, 2016
Mod is high on sunday with action bitter.....this is second time you are posting this on front-page!

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by InvertedHammer: 10:02pm On Sep 11, 2016
Sermwell:
Although iam still a full time student but I like to hustle when school is on break. My school is on break now and I had been thinking of what to do when an elderly man in my church who is a deacon approached me and suggested that since times are hard(for both him and myself), I should go around and convince private schools directors to conduct seminers for their school teachers for a fee. And by the grace of God, iam the kind of person who can easily convince people to buy my sh1t for a good sum.
The next day, I packaged myself and hit the road, and within 3days, I was able to get some schools to conduct training for their teachers for the sum of #30,000 each. So far, we have conducted for 2 schools and was paid #30,000 per school, and my partner gave me #10,000 as my share on each occassion!
We still have some schools lined up for the training but I feel #10,000 is not just fair to me even though it is my partner who does the lecturing for 2hrs 30mins. I spoke to some friends and relatives about it and most of them think #10,000 is fair enough but I don't think so. Even my mum thinks I should not negotiate for increment since the man is a deacon in our church and he is the one who delivers the lecture, forgeting that Iam the one who goes out there to overhype, exaggerate and even 'force' these private school directors to need our services.
Pls guys, what do you think? I need enough money before school resumes o! Is #10,000 out of #30,000 fair for me or am I being greedy??
/
Your partner is a good man.

\

3 Likes 1 Share

Re: Please Help!!! Is My Business Partner Cheating Me?? by canalily(m): 10:03pm On Sep 11, 2016
eph12:
Just delete it. What do you need Facebook for sef?
tah!
Re: Please Help!!! Is My Business Partner Cheating Me?? by onome710(m): 10:03pm On Sep 11, 2016
Don't let greed make u unreasonable.

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by Prettiepearlz(f): 10:09pm On Sep 11, 2016
My advice to you is for you to stop being greedy. For crying out loud, the man is giving you a sum of #10,000 out of #30,000, you should be thankful. An elderly stands before a group of people and gives them lecture for 2 hours 30 mins sweating and still decides to part with that kind of money is a nice man. After all the only thing you do is convince the schools to register and that's all. Be grateful and don't let greed lead you to destruction, remember the love for money is the root of all evil. Shalom

3 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Humulity: 10:10pm On Sep 11, 2016
In as much as both of you did not discuss terms of the partnership, the man is very fair with you. You get 10k out of 30k per school.
You spent transport and to do the marketing.
He made research to give up to date information during the lectures. Takes questions and offer solution.
Step up your game and get more clients so you make more money.
For now I advise you don't ask for more. Maybe in next phase you discuss logistics. But I assure you he can get somebody to work with.
He has confidencein you, so win his trust, you are only a student today. You will definotely need him tomorrow, and you will be glad.
Before you go back to school, ensure you get him a gift to show your appreciation. It is not all about money, (echi di ime, onye ma echi) tomorrow is pregnant, nobody knows tomorrow.

5 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Electroweb(m): 10:11pm On Sep 11, 2016
Sermwell:

To be honest,We didn't. I probably thought as an elderly man, he should know what is fair as regard sharing!
When it comes to business everything should be spelt out. No room for assumption.

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by dnative(m): 10:11pm On Sep 11, 2016
business golden rule: "you don't get what you deserve, you get what you negotiate"

3 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by ngmgeek(m): 10:14pm On Sep 11, 2016
Although iam still a full time student but I like to hustle when school is on break. My school is on break now and I had been thinking of what to do when an elderly man in my church who is a deacon approached me and suggested that since times are hard(for both him and myself), I should go around and convince private schools directors to conduct seminers for their school teachers for a fee. And by the grace of God, iam the kind of person who can easily convince people to buy my sh1t for a good sum.
The next day, I packaged myself and hit the road, and within 3days, I was able to get some schools to conduct training for their teachers for the sum of #30,000 each. So far, we have conducted for 2 schools and was paid #30,000 per school, and my partner gave me #10,000 as my share on each occassion!
We still have some schools lined up for the training but I feel #10,000 is not just fair to me even though it is my partner who does the lecturing for 2hrs 30mins. I spoke to some friends and relatives about it and most of them think #10,000 is fair enough but I don't think so. Even my mum thinks I should not negotiate for increment since the man is a deacon in our church and he is the one who delivers the lecture, forgeting that Iam the one who goes out there to overhype, exaggerate and even 'force' these private school directors to need our services.
Pls guys, what do you think? I need enough money before school resumes o! Is #10,000 out of #30,000 fair for me or am I being greedy??

You close your door of opportunities in business when you replace GRATITUDE with GREED. You don't know what your business partner is thinking about how to reward you. Focus more on what you do and impress him first, so that God will open more doors for you through this man.

3 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Pillyportions(f): 10:19pm On Sep 11, 2016
I have the same problem. I downloaded another one version 4.5
canalily:
pls help, i cnt open my facebook with opera 4.2
Re: Please Help!!! Is My Business Partner Cheating Me?? by dacovajnr: 10:20pm On Sep 11, 2016
The one wey u dey do sef pass greed..He was the one who gave u a suggestion and yet he was the one who delivered the lecture for 2hrs 30mins and an elderly person for that matter...Nazo u go share 50\50 if na ur papa? Na ppl lyk u dey chase their benefactors away with their greed..oga waka far jor! undecided

4 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Nobody: 10:22pm On Sep 11, 2016
Op greedy sha..
op if u feel people can buy sh.it as long as u r d one marketing it? then,hey get more schools. if u can bring in 30schls, thats a whopping 300,000k.! think..!

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by canalily(m): 10:22pm On Sep 11, 2016
Pillyportions:
I have the same problem. I downloaded another one version 4.5
thanks dear. Whch code are u using with current one?
Re: Please Help!!! Is My Business Partner Cheating Me?? by eruditescholar1(m): 10:23pm On Sep 11, 2016
My brother, the truth of the matter is that this man is fair enough. Imagine paying you 33%. OK, how much do you want? Because any shift will make it either 40/60 or 50/50. For crying out loud, you should concentrate and learn from him while you manage your 33% and graduate. This man has kids to Carter for, house rent to pay, car to maintain. What do you spend your money on? Let me not judge you. Let your conscience judge you. Greed is trying to consume you. The same reason Satan was cast down. You want to be equal or above your master. Mtcheeww

4 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by pat1612(m): 10:24pm On Sep 11, 2016
As it made to FP let me say business you did, you got what you deserve. So instead of getting nothing for your effort guy is giving you something.


Greed will ruin everything....


My thought Oooo dont take offence grin grin
Re: Please Help!!! Is My Business Partner Cheating Me?? by Pillyportions(f): 10:31pm On Sep 11, 2016
Code ? There no code. Go to operamini.com look for the download option
canalily:
thanks dear. Whch code are u using with current one?
Re: Please Help!!! Is My Business Partner Cheating Me?? by Pillyportions(f): 10:31pm On Sep 11, 2016
Code ? There is no code. Go to operamini.com look for the download option
canalily:
thanks dear. Whch code are u using with current one?
Re: Please Help!!! Is My Business Partner Cheating Me?? by Sermwell(m): 10:38pm On Sep 11, 2016
Cc: lalasticlala
Cc: dominique grin
Re: Please Help!!! Is My Business Partner Cheating Me?? by Sermwell(m): 10:43pm On Sep 11, 2016
ladyF:
Am I the only one that thinks this isn't a fair deal? I think the sharing should be on the net profit. Yes, 33% is a fair ratio, but 33% on what? Gross profit or net profit?

Before you got those 2 schools that gave him 30k each, let's say you spent 500 naira on transport+calls+sms each time you went to a school. Then say you went to 15 schools, and out of those 15 schools you went to, only 2 paid for the training. So before even getting any client, you've spent over 7k looking for schools for him, out of your own pocket o. By the time he pays you 10k for 2 schools and you remove your expenses, you only get 13k. What does the deacon get? A whole 40k. After all your waka about? shocked

I would suggest you give him a breakdown on all the things you spend money on looking for schools for him. Tell him that going forward, he will first refund all the expenses you incur. Then after that, you 2 will decide on a sharing ratio for the money that's left.

If he think it's easy to do PR work and convince humans being, as difficult as they can be, let him go to the streets and look for the school by himself!!! I no dey like slave work abeg. angry

It's [size=15pt]LadyF[/size] again grin grin grin

[size=5pt]Make I go continue my search for Skrill funds...freelancers, forexers, biko epp me. N390/$[/size]



Chai! LadyF your head is very correct I swear grin
This is what they failed to understand! I'm the only one who knows what I'm going through before I can get them to do the training undecided
Re: Please Help!!! Is My Business Partner Cheating Me?? by Nobody: 10:56pm On Sep 11, 2016
i dont really understand how greed has taken over us soon. u doing business with an older man, he probably is married, u are a student, and you think 10k is not enough from 30k, u want equal share or even earn more than the man. have you thought of it this way, ask yourself these questions, wat if i am the one doing the lecturing, will i share the money equal? if u think u doing the better part of the job, why not try and convince one school, do the seminar alone without the mans knowledge.

instead of you to think of how to increase sales by convincing more schools. afterall it was the mans idea in the first place for u guys to start the seminar or do u really think the man cannot go to convince schools himself? i just dont know what to tell u. no offence oh!!!
Re: Please Help!!! Is My Business Partner Cheating Me?? by canalily(m): 11:02pm On Sep 11, 2016
Pillyportions:
Code ? There is no code. Go to operamini.com look for the download option
thanks dear, buh what are u doing with chloroqineundecided
Re: Please Help!!! Is My Business Partner Cheating Me?? by kabaka1: 11:08pm On Sep 11, 2016
Just in case of next time, just make sure you make an initial WRITTEN and SIGNED agreements for the sharing formular or percentage for the proceeds/profit from a business with ur partner/s even if it's a business with ur dad or siblings. Factors to consider for renegotiating or accepting ur current share are:

==ur transportation expenditure and time of getting from ur home to a school that u wish to negotiate with

In ideal circumstances, I'd say you're getting a good share of profit for now at N10000 for a N30000 earning
Re: Please Help!!! Is My Business Partner Cheating Me?? by Originalsly: 11:08pm On Sep 11, 2016
Bro... to be blunt... you are greedy. It is the guy's idea.... he is the performer... the show can go without you....but not without him. I think the guy is very generous to give you 33%. You need more money...get more clients...maybe at a higher fee. What happens if he decides to find more agents? Don't be greedy.

2 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Zetra(m): 11:12pm On Sep 11, 2016
@op take the advice of nairaland by being grateful he gave you 33%.

1. You don't pay space/home/shelter for the teaching incase it's not in the school the lectures is being held.

2. You have all the time to yourself. You can still attend lectures, read etc. Just bring the client and you pocket 33%. no emotional / mental attachment with the client or the Man(teacher).

3. He teaches 2hr 30mins. Just to teach for 45mins Corp members find it difficult. let alone University Lecturers that is being paid find it hard to impact knowledge.

4. You are building a skill indirectly, so sharpen it now.

2 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by Youngzedd(m): 11:24pm On Sep 11, 2016
Greed is mans' greatest enemy.
Re: Please Help!!! Is My Business Partner Cheating Me?? by CuteTj(m): 11:26pm On Sep 11, 2016
The 33% you receive is fair enough.

Don't think you are indispensable. The man can replace you (because any other person can do the marketing) and that is the end of your 10k but you can't replace the man (because not everyone can teach).

Be contented with your 10k but let him know about the cost your incur in marketing the business so that he can/may reimburse you next time.

2 Likes

Re: Please Help!!! Is My Business Partner Cheating Me?? by umar187: 11:36pm On Sep 11, 2016
First and foremost you made a mistake by not asking of your percent b4 going on biz, if you are going on any biz with a partner you should knw your %.

Second, is he using some of the money for materials such as renting hall providing handout for the students if yes N10,000 is OK bt if no 10K is not. Your role is the first step and he should give it a consideration.
Re: Please Help!!! Is My Business Partner Cheating Me?? by legalgoon: 11:37pm On Sep 11, 2016
Sermwell:


Chai! LadyF your head is very correct I swear grin
This is what they failed to understand! I'm the only one who knows what I'm going through before I can get them to do the training undecided

Self deceit is the worst. Be content. Avoid greed. It destroys.

1 Like

Re: Please Help!!! Is My Business Partner Cheating Me?? by Sermwell(m): 11:50pm On Sep 11, 2016
umar187:
First and foremost you made a mistake by not asking of your percent b4 going on biz, if you are going on any biz with a partner you should knw your %.

Second, is he using some of the money for materials such as renting hall providing handout for the students if yes N10,000 is OK bt if no 10K is not. Your role is the first step and he should give it a consideration.
We use the school hall to conduct the training! We have even conducted the training for 6 schools now and he has been giving me #10,000

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