₦airaland Forum

Juliearth:
1st deal

Buys goat = $60

Sells goat = $70

Profit = $70 – $60 = $10


2nd deal:

Buys goat again = $80

Sells goat = $90

Profit = $90 – $80 = $10


Total profit from both deals= $10 + $10 = $20

Following your calculations, he made $10 when he sold for $70.

Now, he went to buy back the same product but this time, he added the $10 profit to the $60 initial capital and borrowed $10 to purchase the item, leaving him with no initial gain anymore but $10 debt.

The he sold the product for $90. He will first remove the $10 borrowed, leaving him with $80. The total profit will now be $20. The reason is because, if he set out with $60 and is returning with $80, he's had additional $20 irrespective of how many transactions were performed to achieve that.

This is to inform the general public that Abudu Street is now one-way entering from University Road.

I saw those touts hold one Corolla there on Friday.

The bad thing is that Google maps will ask you to follow there.

You need to go straight further and enter through Davies street and then come out through Abudu street.

Nico360:
Next time, when you get the order on indrive, disable your location asap before driving to pick up point. , should incase the rider move mad.

How do you navigate to the rider's pickup location after you've disabled your phone location?

Because Google maps will cease functioning, once the phone location is unchecked.

Most of the time, you must have heard women say, “all men are the same”. But I tell you, the phrase should be reversed to all women are the same.
When a man talks about women in general, most women will attack him by saying, “including your sisters and mother”. Well, the truth is, there is no exception when it comes to female characters.

Just as a girl will give you special attention when she knows that you have money or something of value that she could get, so it is for female family relatives in whatever form they are related to the man. Just that, unlike a random girl out there, the family female members are a little more patient until a time when they will no longer be patient, especially if it is taking too long for you to give them the value they expect.

An example of the herd mentality common among women is in the choice of men that they want. When you ask a woman the kind of man that she want’s, 99% of them will say a man that is tall, dark, and handsome. This sounds so rhythmic. The question is, are men who do not fall into this category not getting women? They are. And no, not all of them get the girls because the girls did not get the type of man they desire; those men are genuinely attracted to those ladies, but online, they will say something different.

In the world of men, the game is different. Some men will beat their chest and tell you that they don’t like chubby girls, do not care about ass and boobs, and will maintain their choice and preference in women, no matter what other guys want or say.

Here are other areas where women exhibit the herd mentality.

Trending fashion and beauty standards.
Many ladies tend to wear the same things that the other ladies are wearing. There is this colored skirt that my ex-girlfriend wears to my house, and whenever I see some girls wearing that skirt on the street, I will just laugh. Now, that is the problem with buying trendy clothes. It will reign and fade. When you wear it later than the trending period, it will look funny on you.

Wedding and Relationship Goals
You see that girl you are dating? Forget whatever good girl and understanding girl that she is showing you. Low key, she wants to be proposed to in the most romantic way, have the most talked about wedding in town, and take the most exotic photoshoot, all just to post online and feel among. To them, your proposal is not valid unless done like the ones they see on Instagram and TikTok.

Soft Life Movement
You know the saying that if wishes were horses, beggars might ride? That’s women! If you know the mentality of an average girl, you will marvel. Many will go online and watch videos of women and what their men did for them. And when they are not lucky enough to get a man with the financial capacity to give them that baby girl treatment, they feel like the gods have cursed them.

Celebrity Influence
Just as women go to church the most, and worship pastors like their God, so are their herd following of celebrities and their trends. A large number of women quickly make adjustments to their preferences and choices because of a celebrity endorsement. Even if a girl is using a product that she is very comfortable with, the urge to try something because someone they know or a public figure claims to be using that product is very high.

Massive Support for Victim Narratives
I do fight my sisters because of this. Whenever a man is accused of any wrongdoing by a woman, a large group of women will immediately take side in solidarity, even before the fact is established. Their default position is to always support women online, even when deep down, they do not believe in what they are saying, but they don’t want to sound different from what every other woman is saying online.

Friend Group Mentality in Dating
If you have been close to women enough, you will agree with me that the saying that the friend of my enemy is my enemy. Once you are dealing with a group of girls, just remain in the good books of all. Because once one of them dislikes you, all of them will dislike you. This is why ladies are advised to avoid keeping so many female friends once they are married. A woman can avoid dating a man or continue dating him, just to align with what her friends think is acceptable. Her friends’ standard is mostly her standard.

Gender War Argument.
This one is the funniest of them all. Anytime there is a discussion online that involves men versus women, certain phrases are repeated across all platforms, even by women who may not personally believe in them. Such phrases as “men are intimidated by successful women”, “high-value men do XYZ”, “men are scum”, etc. The question is, if all women share this belief about men, how come they are all still hooked with men in real life?

In the end, herd mentality among female circles often trades personal judgment for group loyalty. While solidarity has its place, following the crowd blindly can blur the line between support and bias. Real strength lies in thinking independently, even when it’s unpopular.

Source: https://web.facebook.com/share/p/1CRNyxA8Pc/

Glithronix:
What car do you use?


Much respect, sir.

2006 Corolla

Glithronix:
That means 30k fuel will only serve you 4hrs 30mins... 🤔
25k fuel I dey use work full day and 75k gross is guaranteed.
I use the 03/04 version.
If you have the check engine light on, please find out what the issue is.

Much respect, boss.

I use 15k fuel for the whole day. I don't look at gross for any reason. I ensure my 15k fuel gets me 40k net after fuel and commission.

XGhost:
Your toll fees are included in the final fare, your rider pays. If you're going to pickup and you have to pass a tool road it's also included in the rider fare. Same for parking at recognized car parks. Also with your receipt you can make a claim if the fees were not included in the fare. ON UBER O

Indrive doesn't include the toll fee. Some toll fees like the Ikeja City Mall, Nahco complex, etc., are not included in the fare and no, nobody adds the pickup toll to the fare please.

You only get the toll fee included if you have already started the trip and pass the toll gate.

Because I usually have this argument with riders. They'll tell me that the other driver didn't charge extra for it and I will tell them that he didn't charge extra for it doesn't mean he shouldn't.

dav1002:
Just imagine 3100 from Anthony to oshodi
So those people shouting bolt is better, can you see how ridiculous bolt prices are🙄

To be honest, Indrive is becoming better than Bolt. The only problem with Indrive is the wait time to get a good ride which is becoming the same with Bolt now.

Also, Bolt trips are mostly short short trips of 1100, 1900, etc. Any trip that will pay you up to 5k net on Bolt eeh...

This trip here was 40 mins, 10.1km and my net was 4400.

People will hardly accept this trip at that price on Indrive.

Doris4ever:
I have N4,000,000 left.

I paid N4,000,000 out of N8,000,000

Shiit, that's a lot. Funny enough, the price of Corolla has really dropped right now. You can get a Nigeria used Corolla for 3.8 million. So that car is currently worth less than the 4 million in the real sense of it.

Doris4ever:
Your are right about the fact I was not supposed to take the car for inspection as it was nowhere written in the agreement.

The soldier he used convinced me that other cars have been coming for the inspection and it will be done every 2 months.

Because I was not on any default, I didn't suspect anything.

Borrowing money to pay the man off would have been the best, but the thing is I have no where to get such amount of loan.

How much do you have left to complete the payment?

Pearl1910:
But 3900 on Indrive is better than 3100 Net on Bolt na

That's my point sir. Bolt is not always profitable. One needs to use both apps to make it

Gentlelife50:
No think am bolt is more profitable.

No, Bolt is not more profitable. You have to use both apps now to break even. I'm telling you for a fact... Especially now that indrive is also giving bonus.

For the past 3 weeks, I've not paid much to Indrive. I discovered that most riders book Bolt now after being ignored by Indrive drivers. One was booking from Anthony to Arowojobe Street, Mafoluku and put 3900 naira and no driver was accepting it.

The same trip came to me on Bolt and my net was 3100.

Ajibaiye:
You all Experienced drivers, i want to put this question to you.

If taking all short trips of #400+/Per KM like above picture, does it pays at the end of the day compare to long trip of #400+/Per KM.

This always baffles me and i am eager to learn more.

@Omoapena and @Giltronix @Pearl and other bosses. Your tutorials really helped me in this work o. I say to Allah once again to bless you all beyond human comprehension.

While doing all trips i can say i do make about 40k with 20k Fuel. I know it’s not enough in the faces of others but am still learning. It’s why I threw the above Question to the house

When asking question, make it easy for whoever that wants to answer you.

The 40k you "make", is it gross or net or savings?

Gross is before commission
Net is after commission
Savings is after fuel money has been deducted.

But to answer your question on whether those short trips pay, no they don't if you do it too much.

The reason is because, that 8 minutes trip you're looking at there can consume 30 minutes of your time and more. Consider the time you will use to drive to the pickup, the waiting time, plus the uncertainty of Lagos road.

Worried54:
Yes

What type of car is it

Worried54:
I just think the way she is not wanting to come stay here means she doesn't love me ,though she still have sex anytime I go to Ibadan but I always tell her the economy is bad and I can't afford wedding now ,I'm 37yrs so I think I shud give her space and let her fend for the girl herself and feel what I have been going through all this while .. if am I right or wrong let me know .. I still do love her but I think she is taking advantage of the love . And she too dey listen to her people .

You're a gambler? 😄

Your problem long bro. You said you own a car, is the car still available with you?

Doris4ever:
As at yesterday, the lawyer is waiting for the letter to be approve. Then I will be invited to write my statement.

I will call the lawyer today to know if the letter was approved yesterday.

We all should learn from this. First of all, you don't have any reason to take the car to the owner for inspection on a higher purchase deal. His stake is to be getting his money weekly.

Secondly, when you know you're dealing with a demon, you have to come to the dinning table with a long spoon 🥄

If you can, borrow money and pay up the outstanding amount to the owner of the car. If he claims that it's because you defaulted, tell him you're ready to pay him up outrightly and take a full possession of the car. You can then pay the loan with interest as agreed with the lender.

Those of us that only have to worry about car maintenance don't know the less worry we have.

This is what happens when you marry for financial reasons. The lady obviously left the ex because he seemed not ready financially to marry and she got married to someone she felt met her financial expectations, only to still go back to the same level she ran away from.

Women should stop seeing marriage as a means to escape poverty. If you want to live a certain lifestyle, work for it.

sandammy:
If you do this full-time, ₦450, ₦500-₦550 should be your benchmark. Some people only consider the time it will take them to complete the trip and not how far the journey is.

Someone like me that drives only on Sundays when I have time, I'm very selective and don't do much trip so I calculate based on price/km

So you need to decide for yourself

38k plus on just 7 trips is great. However, for a regular driver, price/km is not a sole determinant of a good trip. Some short trips can pay you 1000/km yet they're a total waste of time.

Also, for Biodun1929, you have to look at the general condition of the market at any point in time. During rush period when rider to driver ratio is higher on the rider side, and it's surging on Bolt, you have to aim higher.

Because even the riders use Bolt to decide how much they will accept on Indrive.

Biodun1929:
But can you break down how one should charge, based on the KM of the journey? So that I know how much to add ontop of the amount for a trip that indrive brings.

I use Bolt pricing as a yardstick. I do more of Bolt than Indrive, as a result, I make sure any trip I'm taking on Indrive is way higher than what I can get on Bolt.

The reason is because, under some certain circumstances like traffic, waiting, noticeably longer route, etc., the price on Bolt may change, that's not the same on Indrive.

So I factor those into consideration before bidding. In fact, most of the time, I don't bid on some requests because the highest amount that is available doesn't meet up to my minimum acceptable price.

So, it's not always how much you can bid differently from what the rider put, since there's a limit to the maximum bid amount, but whether the maximum price is worth your time and effort.

Biodun1929:
Okay. Thanks for the comment.

By the way, the passenger actually paid me 10k, instead of the 8k2 showing on the app.

That explains it. The rider knew that price is not fair so he or she compensated you out of their goodwill... But I don't live my life on pity and consideration.

I charge the right amount upfront.

Glithronix:
With this net, it shows that the trip was like 8k.
The KM you covered not relevant (to me).
If 48mins was the duration, it is an add-up of your drive time to PU, your waiting time and the travel time - this shows that the trip in action sense was like 30-something minutes.
8k for that time is not really bad on indrive.
Sometimes, indrive will throw a huge amount on that same time trip.
Keep hustling, baba.


Much respect, boss.

Who told you that drive time includes the time it takes to get to pick up point, wait time, and actual travel time?

Biodun1929:
Guys, help me analyze this InDrive trip. Is it good, bad, or ugly?

Not that a fair deal. You should have negotiated for at least 10k gross. A short trip of 6.5km will pay like 3.5k to 4k on a norm. You did x3 of it.

For those that said time overrides km, you must think that Bolt is crazy for favouring kilometre over time.

okey4reel:
Good day house, please has anyone done his tinted permit or have an idea how to go about it

Have paid all the money required and mine has been pending verification for a while now. I chose virtual verification and paid separate fee for that

carl90:
I also have interest in partnership of this nature i. e partnering with a pharmacist to set up a pharmacy store.
You just have to consult widely as you are the one putting in more money in the partnership .
Have a business plan.
Some legally binding agreements will be signed by both parties.
Just research and consult as widely as you can . Do not rush the process.

Thanks for the advice. Are you based in Lagos? I'm still looking for a befitting space.

dav1002:
I remember the days driver go reduce price than the price the rider inputted on Rida app so the rider can pick them.

So ridiculous

On Indrive, I was able to reduce price to 900 naira. Due to glitch and network problems, everything is obtainable on Indrive

Pearl1910:
But u really can't blame the riders
It's the app coys that allow such a fare on that distance. Secondly, u must blame the drivers who keep picking these ridiculous fares. Cos even if the app coy allows low fares, if drivers can boycott the app for a few days, they will get the message.

Everybody will price what they want to buy in the market to get the best prices and if they can get it free of charge sef, they wouldn't mind. But I have never seen a seller who sells his goods consistently on a loss. So I am wondering whether these drivers are getting free fuel abi is everyone now using CNG and I have been left behind?

This was my experience today. A rider booked on Indrive and put 2300. I was curious to know if the it is the app that suggests these ridiculous prices or the riders reduce it by themselves.

I switched to the rider mode and the app price suggestion was loading forever, so I manually inputted 1200 naira for the same trip I find ridiculous at 2300 and a driver accepted it at that rate.

The truth is, there's no justification for accepting some certain fair amount. Drivers that do that are low lifers and people that are very docile and complacent in life. 20k per day net and 10k per day savings is enough for them.

One was arguing with me on Facebook that netting 20k per day equals 600k per month and is more than enough, as if anybody can work for 30 days.

I work only 4 days in a week and I must net minimum of 40k, otherwise, there's no need for me to come out.

Pearl1910:
Bolt fare don dey increase again.
Trip was around 25k when it came in. Was surprised to see 35k at the end of the trip.
VI to Omole

Is the 25k not supposed to be your net? I thought Bolt only shows net price now. So you wouldn't know what the gross is until you end the ride.

lexylexy:
Una still dey chase bolt bonus? So bolt still has N1200 trips, nawa o. The lowest trip fare on Uber is N2000 net.

There are trips of 1100 self. I don't pick those nonsense prices.

davit:
Bolt bonus is not reliable. Na so dem givẹ mé 10 percent last week. Moment they noticed I was meeting the 5 trips with better prices, they reduced it to 8 per cent straight up.

You can message them inapp though. Maybe they will address it.

They adjusted it automatically the next day to 6700 for the remaining bonus of the week.

Since that time, I've never chased their bonus. 14 trips is such a hard target that I need to do 1200 naira trips to meet up. The bonus amount doesn't worth it

Kaymaxi2222:
the thing is crazy I pick a ride it was 59mins the app was showing when I started the trip I saw 1hr33min Omo I drop the passenger straight Ni oo cos the passenger was not ready to add to the fare

That's how I picked a request yesterday going to Fadeyi. I explained to the rider that the app was wrong in its calculation because Google maps still think that there's a road through yabatech back gate.

The ride was 2500 and I asked her to pay 4500, she said I should step out of my car, hold my chest and shout I'm a thief 3 times

Lol. When I've gotten another trip on Surge on Bolt.

Omoapena:
look how indrive is deceiving drivers

I think this is an update to the riders. There's a way they can bypass the time. Because some of them will cancel the ride and book again and the false time will be the same

Can someone explain this mystery to me? Bolt gave me a bonus of 8200 and when I completed the requirement, I was given 6700 instead