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N5 Million Cash Or A 100k Job? Help Him Decide - Career (11) - Nairaland

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Re: N5 Million Cash Or A 100k Job? Help Him Decide by Bigfish121(m): 12:19am On May 11, 2020
Please store Mercury to do what?

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...

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by nick50(m): 12:21am On May 11, 2020
Collect d 5m if u be igbo man but if na afonja better collect d 100k job cos afonja no get business brain
Re: N5 Million Cash Or A 100k Job? Help Him Decide by jaxxy(m): 12:21am On May 11, 2020
5m is like giving u a free 5year pay advance on ur 100k job bt this time without working a day for 5years for it. U have a 5year head start to get ur life sorted.

Why wud i work and wait 5years on a 100k job to get same 5m? Unless I don't know what to do with the funds and will squander it.

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by ikhalyfah(m): 12:22am On May 11, 2020
It's a simple maths, veryyy simple,

COLLECT THE 5M, INVEST IT, THEN LOOK FOR A JOB THAT PAYS 100K or even more.
ABI NA ONLY THE COMPANY DE OFFER JOB FOR NIGERIA?
Re: N5 Million Cash Or A 100k Job? Help Him Decide by VillageHead: 12:23am On May 11, 2020
The Village Head will advise you accept the 5 million naira.

Take a chunk of it (500k) and buy yourself a decent Federal Job. Don't pay out rightly till your appointment letter has been handed over to you.

Put the remaining 4.5k in a bank and strategise on what to do with it.


With this pandemic, you might be laid of from that 100k job your late brother's company is promising you within 6 months to a year. We all know that government jobs have security.



I pray you are wise!

God bless you
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Flowkeyy: 12:24am On May 11, 2020
5M sure pass
Get a corolla(uber)
& Start a POS biz.
In 6 mouth baba u r 5M richer.
Dats if ur head dey dere.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by ikhalyfah(m): 12:26am On May 11, 2020
WHY Y'ALL TALKING AS THOU IT'S ONLY THAT COMPANY THAT HIRE IN THE WHOLE WORLD?
I KNOW LOOKING FOR JOB IS HARD, BUT COLLECT YOUR MONEY, INVEST, IF YOU ARE AFRAID OF THE FUTURE OF YOUR INVESTMENT, GO LOOK FOR JOB, LAS LAS WHILE USING UR 5M JOB WILL SHOW!



This is not even a topic of discussion in my honest opinion! undecided
Re: N5 Million Cash Or A 100k Job? Help Him Decide by dododawa1: 12:31am On May 11, 2020
IGBO 5m YORUBA 100k HAUSA none
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Flowkeyy: 12:32am On May 11, 2020
micflo28:
Take the cash, come to abuja and get a job slot with a very good federal govt organization with 2.5million. Use d remaining 1.5 million to get an uber standard ride, register with uber, make your money and flex the remaining 1M. I think FIRS is presently issuing appointment letters try ur luck there. Its a cool place to work.


What if him no be graduate
What if dem scam am

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by nedekid: 12:41am On May 11, 2020
sonnie10:
This is a no brianer! #5m.
Take the #5M and become your own boss.

Buy a Camry of #2m and use for Uber.

Do only two trips of 3k everyday for each month and your take home would be around 100k

Cash is king.
With benefit of hindsight, 20 to 24 years ago, a couple of friends had same choice, fast money was being made, some boys had a couple of thousands and even millions in their account, you also had within these friends those that desired to get jobs in eg civil service ie faan, police, ministries etc even proper companies. Fast forward till today. Those working class guys are now top people in their organisation's. Apart from salaries, we all know the Nigerian way. Most are multi millionaires now with pension, multiple properties around the world. On the other hand the fast guys that went into business, a lower percentage made it today.
Taking risk also needs luck.
If you do not have an existing trade to invest 5m into, you better take the job, there is a possibility you will grow in the company, get some experience and make some money there or raise finance to start your own business based on what you learnt at that company.
5m might seem a lot of money, but my dear it is not. In 1 year you could loose it all going into business you know nothing about.
Letf to me, my candid advice if your friend is young with age in his side along with necessary education is to process Canadian immigration with the 5m and start life elseware.

2 Likes 1 Share

Re: N5 Million Cash Or A 100k Job? Help Him Decide by DeSoughtout(m): 12:41am On May 11, 2020
09093900848

Re: N5 Million Cash Or A 100k Job? Help Him Decide by micflo28(m): 12:44am On May 11, 2020
Flowkeyy:


What if him no be graduate
What if dem scam am
sure scam go dey but he can meet a staff who can confide in him and tell him the situation of things and how to go about it. No. Staff will want to lose his job for a cheap scam. If he is not a graduate, even with an SSCE in some very good govt organization take cool pays plus he has his uber car as double assurance. He just needs to be very smart about the whole thing.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by maaji: 12:47am On May 11, 2020
sonnie10:
This is a no brianer! #5m.
Take the #5M and become your own boss.

Buy a Camry of #2m and use for Uber.

Do only two trips of 3k everyday for each month and your take home would be around 100k

Cash is king.
abeg guy lets talk pls. See my number 08033644098 ir give me urs
Re: N5 Million Cash Or A 100k Job? Help Him Decide by maaji: 12:48am On May 11, 2020
Exc2000:


Even a fool knows 5 million naira is the right option

with 5 million naira I will buy 2 Toyota Corrola and put it on uber / taxify and I will register with Jumia delivery partners like AIG logistic, i'll drive one and get a driver to drive the other one .. I bet you my monthly earning from jumia delivery + Uber + Taxify would exceed 500k a month after cost of vehicle depreciation, salary and vehicle mentainance, and every 6 months I would expand my fleet , and with a good comprehensive insurance premium of 80k-120k per anum, my investment are fvcking safe.. infact I might be tempted to pray for an accident or for the car to get stolen as I would get the cost of my car back as claims

but 100k running someones business where you don't have executive decisions or business decision is like cowardly placing your life In the hands of the company directors that can fire you at anytime

.
abeg guy lets talk pls. See my number 08033644098 ir give me urs
Re: N5 Million Cash Or A 100k Job? Help Him Decide by micflo28(m): 12:49am On May 11, 2020
Flowkeyy:


What if him no be graduate
What if dem scam am
sure scam go dey but he can meet a staff who can confide in him and tell him the situation of things and how to go about it. No. Staff will want to lose his job for a cheap scam. If he is not a graduate, even with an SSCE in some very good govt organization take cool pays plus he has his uber car as double assurance. He just needs to be very smart about the whole thing. Besides he won't pay until the appointment letter is out and confirmed at the office

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by noziz(m): 1:00am On May 11, 2020
sonnie10:
This is a no brianer! #5m.
Take the #5M and become your own boss.

Buy a Camry of #2m and use for Uber.

Do only two trips of 3k everyday for each month and your take home would be around 100k

Cash is king.



Oil dey ur head!
Re: N5 Million Cash Or A 100k Job? Help Him Decide by govomotors: 1:01am On May 11, 2020
I will advise you take the cash, there is no job security anywhere.
If you have been in business previously, you can use to money to upgrade your business.
If you were not into any kind of business, I will advise you look around for what you have passion for, collect the cash, make a #4.5m fixed deposit in the bank.
Use from the #500,000 for training and testing the water. You will need a lot of discipline especially if you have not handled such amount before.
#5,000,000 takes several yes to save but it can be mismanage within a week. Be wise and deliver yourself from "I wish I knew".

My final word:

Poverty have been around several million years before you were born, so don't think with #5M you can eliminate poverty by using the money to solve family and friends problem.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by noziz(m): 1:02am On May 11, 2020
Take the 5m, build a hostel near a varsity and keep cashing out! From there u build more houses and even shopping plaza!


















Sense will not kill me joor!

1 Like 1 Share

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Mayflowa(m): 1:21am On May 11, 2020
slyfoxxjoe:
I swear. The vast contrast between the two options makes me doubt the question is genuine to begin with.

I agree with you. Why will anybody be given a choice between N5million and a salary of N100k? You can get an instant treasury interest of N600k from N5m for a single year investment. Your N5M will still be intact. He can use the money(600K) as error and trial business. If the business failed, he can still get another 600K interest from his N5M to try another business until he finally succeed. If he wants to grow his money without looking at any business or taking risk, he can divide the interest into halves and add one half of 300k to the N5M investment. The following year he can get 640K interest while his capital would be N5.6million in one year with an interest of 620k. With N5m, your money can work for you risk-free.

3 Likes

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Logfunk: 1:21am On May 11, 2020
YOU DONT HAVE TO BE STUPIDLY RUDE, HABA!!!!!
OsuIgboIpob:
[s][/s]
Complete senseless rubbish!
Just wondering... Are some people born without brains?

1 Like

Re: N5 Million Cash Or A 100k Job? Help Him Decide by Mayflowa(m): 1:38am On May 11, 2020
chukzyfcbb:

NO BANK will pay you that much per month here in Nigeria on fixed deposit.

I would have said the whole world but I am just being cautious

True. No bank will pay that all over the world. 250k will be the amount he will get in one full year at 5% rate fixed deposit. He can't earn more than 25k per month on N5m. In western part of the world, fixed deposit rate is 2-3%. It is least risk-free investment any investor would do.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Nobody: 1:48am On May 11, 2020
If the company offers nothing in terms of capacity development that could enable him earn 1million monthly in the next four years,he should just jejeli collect is 5million and walk away.They are opportunity out there, he can pick innosson has his mentor and start importing or manufacturing spare parts.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by deltateam: 1:55am On May 11, 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


Omo if it's a private company, #5 million dey sure because you don't know the jealousy, envy, wickedness or oppression that exists there ...

You don't know the life he lived and if you will be able to measure up cos they will be looking at you through his lens.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by deltateam: 1:59am On May 11, 2020
fykes:
5m in this period can buy lots of things...
Collect the money. Na only person who never work before will advise him to go for the job offer.
Take 5m if u don't know what to do, fix it for monthly return with a micorfinance or cooperative society.

Or better still start applying for Germany or Canada visa

Leave that applying cos street boys will collect it if not careful.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by NwaIgboBoy(m): 2:12am On May 11, 2020
men I for choose 100k monthly salary.

because if u take that cash only cultists way full for Rivers State go come collect am from u and u will be left with nothing.

and or u fit carry am enter bet 9ja virtual go just collect am under 1hr.

or u fit come tink say u get money come carry am dey flex anyhow drink,fuc*k,club,or even go buy Lexus Ex330 etc. . .
Re: N5 Million Cash Or A 100k Job? Help Him Decide by underwearsgift: 2:13am On May 11, 2020
I will advice that you collect the money to start retail business. Then you can also offer to work with the company partner with no salary if they would need you do so. I guest something great may be attached to the job yet undisclosed to you.
Be wise to choose.

Do you need to make good money this lockdown? Check my signature to join my WhatsApp training class.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Yankee101: 3:01am On May 11, 2020
5m no question

That's 4 years and a half worth of salary

Use 1.5 settle family. Fix 2m and use 1m for business. Keep 0.5m as running cost for 6months b4 your business picks


Try agriculture
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Innocent034: 3:03am On May 11, 2020
My Advise, he should collect the money and open a good business. because the company might collapse tomorrow.
Re: N5 Million Cash Or A 100k Job? Help Him Decide by teegeealiu: 3:04am On May 11, 2020
engrchykae:
enterpreneurs are BORN.
If the person in question is not an enterpreneur,it's better for him or her to stick with 100k per month
So no one can learn to be an entrepreneur or those that learn from their masters and later become their own bosses were also born with it?

There are businesses that do not require all the rigours of entrepreneurship as you may think. Anybody could actually do them.

2 Likes

Re: N5 Million Cash Or A 100k Job? Help Him Decide by blessedvisky(m): 3:14am On May 11, 2020
SageMK:
If he's jobless, he should accept the job offer.
But if he's employed, he should accept the cash.
You too get sense
Re: N5 Million Cash Or A 100k Job? Help Him Decide by divo(m): 4:43am On May 11, 2020
nikjaneTAILORS:
3M IS EVEN OK FOR ME THAN 100K JOB


I CAN PROVIDE JOB FOR MYSELF

AM A TAILOR AND I MAKE AT LEAST 150K AT LEAST B4 CORO AND MY BUSINESS IS NEW 2.5 YEARS OLD


I LOVE ANYTHING INDEPENDENT AND AM AN HARD WORKING PERSON SO I CANT AFFORD TO BE UNDER ANYONE ABEG


MEANING SOMETIMES I DONT SLEEP AT NIGHT

WORKING UNDER SOMEONE AT TIMES MAKE YOUR BODY AND BRAIN LAZY





THE ONLY THING MOST YOUTHS NEED IN NIGERIA IS STABLE POWER SUPPLY ....we are not lazy as claimed






so in my opinion tell your friend to collect the 5m , you cant predict the future of him or the company conspiracy can make him lose the job soon especially if he is doing impressively
how much do u sew d native on ur profile picture
Re: N5 Million Cash Or A 100k Job? Help Him Decide by debosalau(m): 4:47am On May 11, 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

How long will you have to work for that same company before you'll save #5Million?

Moreso, you can always get a job elsewhere.

A bird at hand...

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