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N5 Million Cash Or A 100k Job? Help Him Decide - Career (5) - Nairaland

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Re: N5 Million Cash Or A 100k Job? Help Him Decide by Mcohans: 9:46pm On May 10, 2020
Collect the 5m. Buy ur own land and go into farming. Be ur own boss.

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Emmerlee(m): 9:46pm On May 10, 2020
OsuIgboIpob:
[s][/s]
Complete senseless rubbish!
Are some people born without brains?

Exactly, I agree with you..
However I'm not so sure anymore after I saw your moniker. Tribalism = Compound Stupidity, a very common trait of brainless people. Now I have to also admit that a lot more people are born without brains than we think undecided
Re: N5 Million Cash Or A 100k Job? Help Him Decide by skuribeebo: 9:47pm On May 10, 2020
SageMK:
If he's jobless, he should accept the job offer.
But if he's employed, he should accept the cash.
try understand simply question.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by ud4u: 9:47pm On May 10, 2020
5m please
Re: N5 Million Cash Or A 100k Job? Help Him Decide by bonnyhope: 9:47pm On May 10, 2020
ManOfSteel2:
A lump sum can only do go with an already mapped-out investment strategy that has been test-run and will most likely succeed.....

Only an investment savvy individual get to "pull weight" in an enclave littered with corruption amidst very bad economy!

ManOfSteel will advice you choose to make regular love with your bae for 10mins anytime you so desire, than choosing to have a one time sex romp of over 15hours, if such offer is made.

As old as you are

You still typed this
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Bahamas95(m): 9:47pm On May 10, 2020
Abeg collect the 5M sharpaly!

No job security for Nigeria, anything fit happen and you go blame yourself later. With that money you can start up your own business comfortably
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Nobody: 9:47pm On May 10, 2020
5m direct.
It will take almost 7 years to save up 5m based on 100k monthly salary. All expenditures included.

Oga, don't make the mistake of accepting 100k monthly salary when you have the option of going home with 5m lump sum

Collect the 5m oooooo

3 Likes

Re: N5 Million Cash Or A 100k Job? Help Him Decide by bmdmixer: 9:47pm On May 10, 2020
teegeealiu:
Let him collect the 5m and set up a business and with time, he'll be making more than 100k a month instead of waiting for over 4 years to make 5m on a 100k per month pay.
and what happens if biz doesn't scale through?
Re: N5 Million Cash Or A 100k Job? Help Him Decide by SmartyPants(m): 9:47pm On May 10, 2020
OsuIgboIpob:
[s][/s]
Complete senseless rubbish!
Are some people born without brains?

You cab see how much of his time goes to thinking of sex
Re: N5 Million Cash Or A 100k Job? Help Him Decide by korban3134(m): 9:47pm On May 10, 2020
steveneche:
Help My Friend Decide: 5million Or A 100k Job?

A friend of mine just got an offer from his late brother's company few months after his demise.

His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options..

1. 5million naira cash or

2. a 100k job per month in the Same company.

we need your professional advice pls

Cash!...Cash!!...Cash!!!

There are good businesses to do...
Re: N5 Million Cash Or A 100k Job? Help Him Decide by sundayoluwatimi(m): 9:48pm On May 10, 2020
fairfora:
What's the 5m naira for...severance package/employee's benefit for his late bro? Is he his next of kin? Kindly clarify because the veracity of most of the stories posted on NL is doubtful these days

You have brain. The question looks like one posted to drive traffic. Well, it may be true but I highly doubt it.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by clemmonce(m): 9:48pm On May 10, 2020
steveneche:
Help My Friend Decide: 5million Or A 100k Job?

A friend of mine just got an offer from his late brother's company few months after his demise.

His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options..

1. 5million naira cash or

2. a 100k job per month in the Same company.

we need your professional advice pls
my advice is take the 5 million and invest. Most financial successful people you see are investors. Here is a few things you must do before touching the money.
1. Know what you want to use the money for. What business

2. Study about the business.

3. Invest in a business you will be able to have influence on the success.

4. Learn the science of money. Read books and read book, listen to tapes and once again study how money works.

5. Read once again on leadership. You definitely be a Boss, you must know how to be a good leadership. It will break or make your new business.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by daddio(m): 9:48pm On May 10, 2020
steveneche:
Help My Friend Decide: 5million Or A 100k Job?

A friend of mine just got an offer from his late brother's company few months after his demise.

His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options..

1. 5million naira cash or

2. a 100k job per month in the Same company.

we need your professional advice pls


It will take him more than 5years to make the 5million if he is to be collecting 100k salary sir.

He will want to take care of some expenses out of the salary and so on. If he is wise, he should first ask for a week or two break to think on what to do (that's if he is not having any plan on what to do o) if he is to collect the 5million, he should do away with DUST BIN FRIENDS (I mean friends that can eat and drink anything, afterall no be dem mini).

AND

Let's assume he decides to be collecting the salary and after few months or like 2 years, he got laid off? He will surely regret not taking the 5million.

BUT THE BALL IS IN HIS COURT, HE SHOULD KNOW THE BEST THING TO DO

Re: N5 Million Cash Or A 100k Job? Help Him Decide by babatee90(m): 9:48pm On May 10, 2020
Collect money leave naija go study in either Canada US or UK
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Eddyroyalng: 9:49pm On May 10, 2020
Honor10:
5 million cash now, how many years will he save before he will make that 5million from meagre 100k salary.

With that 5million, he can establish himself and make double in 2-3 years.
Forget the urber rubbish. Take the 5m and fix it in bank. Look around you to observe what is larking. Learn the trade or any field u wanna invest ur money. Dont take the risk of investing before learning u will definitely lose d money if u do. I will advice food related. Farming if ur experienced. Pls dont go into farming without experience
Re: N5 Million Cash Or A 100k Job? Help Him Decide by samuelonyewueny(m): 9:49pm On May 10, 2020
collect the 5m. Reasons;
1. 5m now has more value now than in 4+ years (remember it would take him a minimum of 4 years to save the amount even if he doesn't touch it, which is very unlikely).
2. the company could fold or he could get fired, within the hypothetical reference time.

So advise,
take the money (job status notwithstanding) and invest part or all of it. someone who's wise enough will know that saving 5m from 300K a month job is not funny.

2 Likes

Re: N5 Million Cash Or A 100k Job? Help Him Decide by benzzyno(m): 9:49pm On May 10, 2020
Depends on various factors.. Was ur brother married with kids, was he the bread winner in ur family? If he was not married and he was not the bread winner of ur family.. Take the cash and become ur own man.. Buh if he was those things mentioned above i feel the job would be better because if u collect the money it's going to be a family meeting on how to share the money.

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Lumig: 9:49pm On May 10, 2020
N5million naira straight
Re: N5 Million Cash Or A 100k Job? Help Him Decide by alizma: 9:50pm On May 10, 2020
steveneche:
Help My Friend Decide: 5million Or A 100k Job?

A friend of mine just got an offer from his late brother's company few months after his demise.

His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options..

1. 5million naira cash or

2. a 100k job per month in the Same company.

we need your professional advice pls
If he is a graduate and 30years and above, let him take the cash but if he is a graduate and below 30, let him take the job.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by drightguy(m): 9:50pm On May 10, 2020
SageMK:
If he's jobless, he should accept the job offer.
But if he's employed, he should accept the cash.

What about the tendency that he gets dropped after some months due to the virus?
Just seeing this in another way.
Take the money if you want to be wealthy or take 100k and be rich.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by GreenArrow1(m): 9:51pm On May 10, 2020
SQLmastar:
Take the 5M and discharge!
Rent a house with 500k, furnish it with 100k
Rent a store with 200k, stock it with Mercury (3M worth).

He'll will break even in 6months... then continue expanding until you become richer than Dangote.


Then join politicks and contest for House of reps...

Mercury? Please explain. Thanks.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Iamlawal(m): 9:51pm On May 10, 2020
5 Mili oo
Re: N5 Million Cash Or A 100k Job? Help Him Decide by uunwanaobong3: 9:51pm On May 10, 2020
steveneche:
Help My Friend Decide: 5million Or A 100k Job?

A friend of mine just got an offer from his late brother's company few months after his demise.

His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options..

1. 5million naira cash or

2. a 100k job per month in the Same company.

we need your professional advice pls

Brother, two things are involved, if your Guy is a business minded person, with a mapped out business and a right councilling on a particular business, he should take the 5million and start a business and within 4 year he will get close to 20 million, ...

But if he does not have a business Idea, and he is a white collar job type of person, .... Please and please, he should take a 100 thousand monthly job, it will help him on a long run..... Certainly he will not make the kind of profit that a business man will make.

NOTE; in business, there is nothing like " let me try and see" if u don't have any interest in business or have a business idea/trade, DON'T go into it, ELSE you lose everything thing (5million)

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by harsysky(m): 9:51pm On May 10, 2020
Collect that money as quickly as possible. Has he thought of the company going into bankruptcy? Has he thought of retrenchment if things don't go well? Has he thought of other horrible things that could just happen out of the blues?

Let him learn a valuable skill while the 4.5million is put as a fixed deposit. He could be getting 50k every month with his 4.5million being intact.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by SmartyPants(m): 9:51pm On May 10, 2020
bmdmixer:
and what happens if biz doesn't scale through?

He can take the money and find another job. Objectively, based on the concept of time value of money, he should take the lump sum
Re: N5 Million Cash Or A 100k Job? Help Him Decide by mulerogold(m): 9:52pm On May 10, 2020
Hmmm. 100k monthly when the job is not secured. Better take 5million naira and invest in something lucrative. No job security in a company wrk moreso the company can sack you at any time before you account for 1million from them.
Be wise!

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Buffalo2(m): 9:52pm On May 10, 2020
Start a poultry project with 2M and see the returns in no time. Just 2M ni o and you will still have 3M as back up in case you run into stormy water

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by dingbang(m): 9:52pm On May 10, 2020
I'd take the 5m, go to India, baptize myself with IT skills, come back... 1m salary or nothing

3 Likes

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Funkyswagzz(m): 9:52pm On May 10, 2020
Who even push this kind of stupid question.. I guess u guys are out of content today
Re: N5 Million Cash Or A 100k Job? Help Him Decide by freeman67: 9:52pm On May 10, 2020
It's a 50/50 thing. Alot will depend on his kind of person and the nature of the company. If he is a business savvy person he will do well by collecting the 5 million a start a business with it. However, if he is not business savvy he can go for the job offer. 5 million naira is about salary of 4 years and 2 months if the salary remain constant at that amount. Chances are that he could have other allowances that can make him earn more than just the 100k. He could also be promoted even before that he gets to that 4 years.

So the decision is solely his.

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