₦airaland Forum

Saintkagawa:
If your business is scalable, I don't advice you to travel or if you can control the business from Europe it OK to travel. Don't just quit a business that is doing 500k a month

clintino700:
You make #500k monthly here in Nigeria yet you are not comfortable? Are you married? Why consider relocating??

Sharmeenator:
This is a recent bad business experience I want to share. I believe one or two people will learn from it. It's a long story but I will try to make it short without losing too much details.

I decided to start a side hustle in 2016; a cyber cafe, business center and payment solutions provider (e.g. IKEDC, DSTV/GoTV etc.). I got a big shop at a nice location, renovated it to look nice and comfortable. The shop was setup beautifully. Customers were given laptops to browse instead of the old PC everyone uses.
We were getting positive feedbacks daily and motivations to grow bigger. To cut the long story short, everything was going on well and we were progressing and profiting there until the third month.

My boy called me one morning that he met the door opened with no sign of forced entry. We later leant that my staff was careless with the key, someone must have smartly made a copy from the bunch he carelessly left on the counter. We changed the lock and upgraded the security. 5 laptops, router and money were stolen.

Less than a month later, another burglary attempt was made. This time very forceful; the window was cut opened late in the night and the burglary removed. The most unfortunate part was that no one confessed to hear a sound from the removal (which I'm sure couldn't have been done silently) in the dead of the night. The landlord, a pastor in the church that separates the shop from the resident building wasn't so bothered as no one in the house and his family was targeted. More laptops and money were carted away.

I pleaded with the landlord to allow me to get an "aboki" to stay there at night so he could watch over the shop as the security guards we pay to secure the area are as useless as used diapers. He refused citing religious differences. I was forced to involve the police this time despite hating the idea in involving our men in black. I paid 10k and nothing was done. Detective assigned asked me to investigate personally and call him when I 'catch' thieves I didn't care, we did some diggings and suspected 3 guys; popo man was called and he said he has closed for the day. The following day when we called him again, he lied he was coming and later cancelled the appointment citing official duty despite having tactically delayed one of the suspects. I have sworn never to involve Nigerian police in my affairs again

Almost a week later, a third attempt was made and it became clear we had to leave at least for the sake of our lives. We used less than 6 months there and all these unfortunate events happened within 2 months. We left hastily for another shop not far so we could continue where we left. This decision marked the worst I have ever taken. The new shop, although smaller showed signs of success, so I thought. We renovated it and moved in almost immediately hoping that business would be better there especially with the planned inclusion of Bet9ja and PS2 Gaming. Bet9ja bursted my bubble by not approving the shop, mistake number (I can't tell again). I tried Winners Golden Bet, they answered my prayer but cut it short later when they retrieved their license citing a mistake from them as there was another WGB center not too far off which they didn't noticed earlier. Maybe I would have been given notwithstanding if I had a good connection. I had to settle for Surebet247 which checkmated me to defeat.

Business was over dull in the new environment (no pun intended). Light was over bad (they only have light during our closing hours). We buy fuel of almost 2k everyday despite not making up to 2k (it's that bad) daily. I was practically financing that place with personal money; paid my two staffs from my pocket every month. We did only four months there as that was how far I could personally sustained the business. I sadly laid off my staffs, locked the shop till when my rent expires which was in February this year. I sold off most of the items I didn't give away at ridiculous prices as there was no place to keep them. When I sat down to count my losses, I calculated a loss of 1.6 million (which is surely more than that). I haven't recovered from the unfortunate incidents having spent all my savings. I'm married now with a child this year but I have fallen flat into the same rat-race I was avoiding by attempting to open another stream of income. I will rise, I will fully recover and charge forward.

Eponyeeboz:
Idoko Nathaniel
Igbo Amaka

If you only know what 'idoko' means in Yoruba.

Ajakayekoke:
it’s within that range bro

Ajakayekoke:
max 255 or 260

Ajakayekoke:
max 255 or 260

Ajakayekoke:
no he can’t

Ajakayekoke:
u can ask me any question u wana ask him I’ll def forward it to him,or ans myself if I can.as for the trust and are 100% ur visa will be out in 3days

Ajakayekoke:
u can ask me any question u wana ask him I’ll def forward it to him,or ans myself if I can.as for the trust and are 100% ur visa will be out in 3days

Ajakayekoke:
he’s a very busy person boss,and[b] I know u have like 5 agents[/b] u just wanna hear him out and he won’t like it,he’s a friend and not an agent.we can talk if u are really ready and then I will send his no

Ajakayekoke:
boss I ain’t using my mail here,won’t be able to receive the mail

tonididdy:
quote me anywhere else but I can't access my emails

Ajakayekoke:
how old are you?

manneger2:
I will be flying Thursday guys, hav already zeroed my mind from university job for now so am not attesting my bsc in uae embersy will only attest at mofa and Moe tomorrow, don't have that money to attest at uae for now, if there is need I will send to nigeria to attest. Pls how will i waka tmoro am in a hotel at utako presently, how will i go Moe and mofa from here Utako Abuja

kagari:
Dubai, then you take bus

kagari:
i wish you all an happy easter in advance

nattybanta:
look at the larger picture. some people did courses of about 4k aed to 12k aed here and haven't used it for one day but one tin u should know is, no knowledge is lost. Security companies prefer hiring those with DPS/SIRA as they can be used immediately than those they would have to train not knowing if the person would pass or fail.

nattybanta:
That would only help u to claim experience and knowledge , but once its not a globally acknowledged certification, then they wouldn't look at it as a Certification but just u having electrical knowledge.