kizwid:

well done brother... please kindly check your mail, I want to have a word with you

I have replied

DigitB:


Don't mind the fool please.

Thanks for sharing.

Not many people will have the time to share this detailed information with us.

I wish you success in all your future undertakings.

Compliments of the season.

You welcome bro..

Some people don't really understand some basic facts of life.

Oyiboman69:

I see this one

Thank you so much.

Respect too.

fid3fid:


Bro, this opportunity for foreign supermarket goods now dey wella for Ojo. Importers dey bring them from London.
Raisin
Sardine
Shortbread
Canned tomato
Tesco Bleach
Canola oil
Bar soap for sensitive skin
Tooth paste
Milo ( from Singapore)
Mouthwash
Spaghetti
Basmati rice

Those sellers at Trade fair dey come Ojo Alaba to pack them at low price.
There are importers at UPA, GBO and St. Peter.

Last time I bough Raisin cereal for 1250naira. Shoprite dey sell 2000+

USED CLOTHINGS
Warehouses dey for Ilufe at the back of St. Peter church were they sell London Okirika bail. Nice clothings. But them dey so am coded because custom dey raid that area to carry their Okirika bails

Opportunity plenty, but na if you bend down well you go see am.

Bro, this is a whole new opportunity to make a shit load of money in the fmcg space. you are just too much abeg.

Let's relate in the DM, cheers.

Kwara1stson:
are you from kwara

kogi bt lived in kano all my life

Nicklaus619:


I have established working business relationship with producers and companies in China, Taiwan, Italy and Japan, where I buy goods in bulk at a reduced price from them and waybilled to me, and I have established a network with konga, jiji and other e-commerce website where these goods will be advertised and sold,


It's a long process but we have gotten here so far, no be today we start the arrangee

But I go give you a break down later if you interested fo spread your tentacles, I want make money like it's blood money come 2021

Any other legit business way they pay am so diving in

Bro, involve me make we gather dey.

I'm in the ecommerce niche aswell and i intend to make 100million in sales this year.

ecomalchemist:


Bro, involve me make we gather dey.

I'm in the ecommerce niche aswell and i intend to make 100million in sales this year.

Baba dm make we from there rob mine

ilemona4u:
kogi bt lived in kano all my life

ilemona is a Town in kwara state that y am asking

Kwara1stson:
ilemona is a Town in kwara state that y am asking

wow.. thats interesting!
In Igala language, it means "no one knows tomorrow"

Nicklaus619:


Baba dm make we from there rob mine

Done !!!

Tarabye:
One of the best post I read in this platform
Investing into real estate is top notch made a lot of profit from it this year, I'm considering to invest into stock market soon

Flee stock market, continue in your real estate. I use God beg you.

eduj:


love this thread of yours ,it would do wonders for many people out there.

Just finished my service early this year, served at a big company but because of covid-19, we couldn't be retained by the company (at least I got a year of professional engineering experience under my belt).
A month or so before service ended,my roomie convinced me to startup a little something he was doing, I did it and thanks to God, even though It wasn't easy early on and we have had losses, I think that it saved me during the worst of the covid-19 crisis.

I agree with you totally. My people ,we all know the reality as in job hunting in the country. Before one gets out of the uni or secondary school,I will advice one to horn a skill or a good business plan and please surround yourself with peeps who have a vision. .
A fellow corp member (my roomie)who served with me acquired electrical installation skill before he was even done with his HND program.That guy today has secured and is executing a contract for full electrical wiring of two duplexes in two different states,he is also a contract staff (electrician) of a construction company in Nigeria.By next month,he will be opening his own electrical store .

Most firms in the country are slave dealers-the take up all your time and yet pay you just enough to keep your head above the tide. Worst are the private schools and indigenous firms.To truly be a man of your own, you have to achieve financial independence.

Am talking from experience, even though my financial condition isn't rock solid, I at least have learned very important life lessons and, I wasn't in a critical situation during most of the covid-19 situation. I also have more room to manoeuvre my future in a direction I want it to go-with God's help of course

Great line of thought. The future is only bright!

Elyn22:
With the 3 byke, I was still looking for other sources of income, my 3 kids in School then at pre nursery were always coming up with so many home work at age 2+, they were not picking at all, the way I expected them to pick, I found out I was the one doing most of the teachers work, funny enough the school fee increased, I pleaded with Oga to withdraw them from School, since am not doing anything, I'll be taking them at home, it was another serious battle, neighbors were coming to pokenose why I had to drop my own kids because of little increase in school fee.
I no kuku send them, I pleaded with Oga since the school fee was 20k each making it 60k termly, to be paying 5k each for the 3 of them to enable me buy textbooks and other materials the kids will need, he refused.

I started taking them at home, after a week, 3 family joined in, Oga warned me seriously never to use his room for any form of lesson, he never knew he was helping me climbed, so the lesson was outside the house.
Before the end if that term I was already counting 15 pupils.
I taught of upgrading myself since am into teaching, I had to enroll in Nigeria teachers institution (NTI). It's a four years weekend program, I paid myschool fee from the money parents were paying as lesson fee.

I was in this lesson for like 3years, my population did not exceed more than 25 foe this four years, I had to roof a space around my place to avoid rain and sun beating my pupils.

I had to vacate my area because of low patronage, before vacating my area I don't have a dime on me when this idea came up, I had to sell to of my new bike at the rate of 80k each, went to rent 3 rooms in a place very far from mine, my people, it wasn't easy at all but God saw me through, whenever I remember what I pass through that year, I always shed uncontrollably tears even as am typing.
To God be all Glory, that term of relocating I was counting 60 pupils, the 3 rooms was too small for us, after one session I add to relocate.
My husband has a land a stone throw from the school, so I pleaded with him that I want to start developing his land instead of paying rent, he accepted, my people Oga is into sales of building materials, but refused to assist me, I never mind because I know the taught of all his act will pull me down.
I was able to build 5 class room the next year and was counting 100 pupils, the next year, I added 3 more classes making 8, now my population is over 150.
Oga started threatening me last year to leave his land, the threat was so much that I had to pack out of the house and rented an apartment somewhere, I stayed there for like 6months, he started coming for apologies, in the cause of my six months outside my family, he had serious accident like 3 times, people were coming to plead on his behalf, I had to accept because of my kids, it was really telling on them. We are settled now by the Grace Of God.
Last year November I bought a land close to the School which is bigger than where I'm using presently, and just last week Thursday God blessed me with a School bus of my own.

I can't thank God enough, he has done so much for me.

The story is more tougher than this but for the sake of writing, I have to shorten it.

Nothing good comes easy, we'll have to strive until something happens.

U are worth celebrating and worth more than u have written. Few ladies like u are found in Nigeria and beyond. I just believe some other people will learn this kind of doggedness and resilience from u.

AltarBoy1:
I will have to stop here for now. I welcome any form of question or criticism. But no insults plz.

Thanks for sharing the timely advice on this thread man.
It's one of the best posts I've read on nairaland since I joined.
God bless you!

ilemona4u:
wow.. thats interesting! In Igala language, it means "no one knows tomorrow"

beautiful name

AltarBoy1:
Greetings to you all. I don't know if the subject of this post suits its body content, but all the same I hope that the message am about to pass meets you well.

Pardon my typos.... Typing long post isn't my thing.

Hello, can I post this on my TL on Twitter? I find it informative and educating.

Estrada:


Hello, can I post this on my TL on Twitter? I find it informative and educating.

You can...

But wait, you want to post the link to this thread or u want to copy and paste the story in your Twitter handle.

Lush100:
Some biz/investment have limit else their risk will be high.
For peace of mind I can't do more than what I have sunk in it,
I wanted to increase this year but I had a rethink when the regularity of pay started reducing.

The other ones with no risk pays very low.

My salary is constant.

Hence I need to be on the lookout for something different.
No gain in resting on your oars coz the biz environment is ever changing.
What sells today may not sell so much tomorrow.
Comprehend?

Your insights are quite instructive just as your sincerity is commendable.

I normally wouldn't comment but I am driven by the above attributes. Consider this my new year gift to you.

Nairaland has proven over the years to be a reliable vestibule of ideas. All you need to do is to take your search seriously as one conducting an academic research. Several businesses have been undertaken and the experiences documented here.

Most of them especially those recounted by fresh graduates are quite detailed and 'show working' from scratch. I have experimented on a few of them and can tell you that I am happy with them.

What I think you need is an FMCG product that you can import from Lagos into your town and resell as fast as possible. The solution lies in a hot consumable that has significant daily demand and is perishable. Several examples abound even here on Nairaland business section.

Just to buttress my point pls note the following illustrations.

1. Yale bread is the fastest moving mini bread in this country......... and perhaps beyond. It is made in Ibadan and yet it is eaten as far out as Maiduguri, Yola and Kebbi. You can find it in Prom, Jalingo and even Dutse. People are moving this product up a down and making millions daily. Wonderful product, low margins but also minimal risk.

2. Eggs are a great business. I can't say more than that but trust me this is another consistent earner.

3. Ever heard of Chiki-Chiki noodles? Yes it's a smaller company but surprisingly their noodles has never ever met demand. And guess what....the margins are far better than the market leader in that segment.

4. Snacks supply to local supermarkets is also a money spinner if you choose the products carefully.

5. My most recent cash cow has been bread distribution. If you design and implement your strategy right it's one of the most profitable businesses you can imagine. The profit margins are so minuscule that a lot of people don't even bother. However, the initiated know that the 5% profit margin on bread can be achieved 3 - 4 times a week. So the your capital can earn 100% net profit within two weeks to one month.

The above are just a few examples that I can quickly bring up.

Should this interest you and you seek further info, I am willing to provide as much as I can within the confines of my personal experience and of course observation of others. Mention your location and I can advance you some suggestions as regards what could possibly sell. You could then try a follow-up by experimenting directly.

I hope this contribution will help you in some realistic measure.

Good luck Bro and all the best in 2021.

miidae:
This exact thing happened to my dad.. He lost almost everything

Am so sorry, hope he recovers

Please I need an advice.

Should I use the little money I saved from my salary for few years to buy land from Estate Managers or should invest in business?

DEBUU:
Please I need an advice.

Should I use the little money I saved from my salary for few years to buy land from Estate Managers or should invest in business?

If you can later on resale the land, thus making some profit, it's a form of business too you know?

Elsueno:


Am so sorry, hope he recovers

Yes.. Thank you

BOOKWORMLUX:
I got to know of sm websites that help me earn $1 daily which is about 450naira. I thought it was too small, but right now i have $174 BTC(about #90k) btween october n december.
i am grateful that i did nt give up.
to you it is small, bt it means a lot to me. i only invest my time and data to do same thins i do here on nland, makin comments.
i am just a student and dont have much to carter for.
I believe that with God by my side, i will make it in this life.

pls drop the link to the website since itz free pls

themainman600:
pls drop the link to the website since itz free pls

My wasap number is on ma signature. Chat me up nd get the link
If u cant see my sig, go to ur profile nd update ur own so u can c mine.

Cc Reuben700 do same

DEBUU:
Please I need an advice.

Should I use the little money I saved from my salary for few years to buy land from Estate Managers or should invest in business?

I have a property (my papa own) if you put money down to drill borehole, finish d little side left to fence, renovate d house a little.
With your lawyer you can be on your way to earning income on your capital but if you can raise 7million you will buy the property outright.
Location:Alakuko Lagos, there are tenant in the building already but renovation will increase rent.

Invest in solar energy, thank me later

Ugandatales:


Wow! Thanks for this. I am just starting out as a DJ, and I put myself in the shoes of the barber you wrote about. My equipments (Speakers, DJ Controller, Laptop, Amplifier, etc) are constant...I don't have to buy new product or ingredient every day. And in periods of low patronage, I don't have much to lose.

Geosystem:



Flee stock market, continue in your real estate. I use God beg you.

why?

yazga:
why?

The Nigerian Stock market is very volatile and poses a greater financial risk to your investments than real estate and besides you have no control over your stocks unlike real estate where you can control the price of your rental income.

Happenings in... Let me say China or Europe or America, can have a negative impact on the Nigerian stock market.

Wars, disasters, economic strife and political instability occuring far away can prompt major investors to withdraw their cash from the stock market, and if money is removed from the stock market, there would be a crash.

Lastly unstable government policies can wipe out your investment in a minute.
In my own opinion; I will go for investment I have control over, be it real Estate or any other form of investment but not stocks again.

If you insist on going ahead with stocks, do well to educate your self properly before venturing into it.

Geosystem:



The Nigerian Stock market is very volatile and poses a greater financial risk to your investments than real estate and besides you have no control over your stocks unlike real estate where you can control the price of your rental income.

Happenings in... Let me say China or Europe or America, can have a negative impact on the Nigerian stock market.

Wars, disasters, economic strife and political instability occuring far away can prompt major investors to withdraw their cash from the stock market, and if money is removed from the stock market, there would be a crash.

Lastly unstable government policies can wipe out your investment in a minute.
In my own opinion; I will go for investment I have control over, be it real Estate or any other form of investment but not stocks again.

If you insist on going ahead with stocks, do well to educate your self properly before venturing into it.

Spot on

fid3fid:


Bro, this opportunity for foreign supermarket goods now dey wella for Ojo. Importers dey bring them from London.
Raisin
Sardine
Shortbread
Canned tomato
Tesco Bleach
Canola oil
Bar soap for sensitive skin
Tooth paste
Milo ( from Singapore)
Mouthwash
Spaghetti
Basmati rice

Those sellers at Trade fair dey come Ojo Alaba to pack them at low price.
There are importers at UPA, GBO and St. Peter.

Last time I bough Raisin cereal for 1250naira. Shoprite dey sell 2000+

USED CLOTHINGS
Warehouses dey for Ilufe at the back of St. Peter church were they sell London Okirika bail. Nice clothings. But them dey so am coded because custom dey raid that area to carry their Okirika bails

Opportunity plenty, but na if you bend down well you go see am.

I like to contact you

AltarBoy1:
99% of wealthy people are business men, you wont get to a greater height in wealth if you dedicate your entire life on a paid job. The average worker who is upright and doesn't involve in shady dealings ends up not been too wealthy or achieving much in life. Aside from multinational company's, most firms in Nigeria pay belwo 100k and when you factor in cost of leaving and daily expenses, how much can one save out of the salary in a month. Thats why I noted in the beginning of this write up that except you are working in a firm where your salary is above 100k and promotion/upward review of salary is certain within 3 years, then you are just wasting your youthful age when you work in such a place for long. If at the end of a year, you cant be able to save up to 1M, just try as much as you can to quit the job. Though its not easy, but its better you bear the heat and get out when you are strong and agile than wait when you get old.

My advice is that as early as possible, one should start looking for a business to start, irrespective of the nature of the business, as long as its legal and pays your bill just dedicate yourself to it and nurture it to growth/maturity. Business is easier to manage and nurture when your personal expense and responsibility is still very low, thats why its good to start when you are still under your parent, as a student or during NYSC. That way, even when the business fail, you have your family to fall back on until you gather the necessary resource to start again.

On a last note, when you have a striving business, by the time your kids grow up, one or two of them can you in the business and probably be on their own by having an offshoot of your business. That way they wont have to be looking for a job after school especially in this period of unavailability of jobs. But if you retire as a worker, you have nothing to pass to your kids to help them kick start their life. They will have to search for job or establish their own business.

I will also advice that if you have the opportunity of picking up a job as a sales rep of a company, please do not hesitate to accept it as this type of job gives you first hand experience of how businesses of buying and selling works. You will get to know how the market moves, the season when some certain goods are in high demand and with this experience, starting your own business in same line wont be difficult for you as you can even get some capital and purchase goods in the name of your customer and if you have a good relationship with him or with those around, selling the goods wont be much difficult through their help pending when you get your own shop/warehouse.

MODIFIED...
My own rule of thumb is... IF YOUR JOB IS YOUR ONLY SOURCE OF INCOME, DONT QUIT YOUR JOB FOR A SIDE BIZ UNTIL THE BIZ IS A "GOING CONCERN" AND IS GIVING YOU MORE THAN HALF OF YOUR MONTHLY SALARY.

Nice write up sir.
They don't teach raw facts like this in most business schools sef

otorman:
I like to contact you

add yahoo dot com to my nairaland name. Na my email be that.