Sibe007's Posts
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topsam1:Oh, very sorry bro. Will reply now |
This might seem cheaper and could offer more in terms of profit margins but remember, you would need to pay your tailor, which is a new cost to put into financial considerations. Idea Summary 1. Go to market (Wherever you can get the right materials at the right cost) 2. Buy the Nylons and other packaging related materials 3. Give materials to your tailor to sew as desired 4. Package and label your product (3 or 4 boxer shorts in one pack) 5. Sell! Sell!! and Sell!!! The above summary is for those who would want to sew for themselves instead of getting already made boxer shorts from the market. 2. The Business Value Proposition: Comfort and freedom provided by the boxer shorts when worn by the Customers. Customer Segment: Males and females everywhere, Students, Youth Corpers, etc. Distribution Channels: Retail stores, other departmental stores, Schools and University Campuses, Online Media outlets (Social media – Instagram, FB, Twitter, etc), Website, Distribution Depot, Dedicated phone line, Sales team. Customer Relationship: Direct and Mass Key Activities: Selling, Negotiating, Packaging, Sewing, Logistics, Accounting, Customer service delivery,etc. Key Resources: Work related equipments (Sewing Machines, sealing machines, label printers, phone lines), Work force (Technical and non-technical staffs), delivery team and customer service support, etc. Key Partners: Retailers, Traders association, Relevant government regulatory agency Cost Structure: Transport cost to market, Initial materials purchase, tailoring charges, publicity and marketing, Salary and Wage bill, registrations and other necessary documentations Revenue Stream: Boxer short sales 3. Competition There are already boxer shorts out there that would compete against any new entrant into the market. You would have to do something different to standout. You may get celebrities or influencers as models to endorse your new product. Remember people may have cheaper alternatives so you would need to do as much as you can to prove to and convince your prospective customers to buy from you. Distinguish your product so you can attract and sell to distinguished Customers. Most of the work to win this would be in the quality of finishing and packaging. Tip: Take your product to meet the customers (One distribution location to another, campuses etc.), don’t wait for them in stores. 4. Risks As with every business out there, so it is with this. You could lose your customers if you buy inferior quality materials from the market. Do not be tempted to cut corners all because you are trying to save cost and increase profit margin. Summary You can start your own boxer shorts business today. Go through this article again, do as much independent research as you possibly can, then get on with it. Thanks for following this series. If you are just joining, you can catch-up on the previous articles following this link. http://agapedev.com.ng/category/resources/startup-series-for-nigeria/ Links https://www.nairaland.com/3566510/start-own-boxers-business-n5 Till next week, stay inspired. For more information, comments questions or feedbacks, get in touch. Twitter: @Mrebis Email: mrebis1@gmail.com |
1. The Idea A good number of Nigerians, both males and more recently females use boxer shorts. An exact figure may not be readily available but it is very plausible that this number of boxer shorts users, are big enough for market consideration. Just recently I came across a post on Nairaland.com by DKConcept, about starting a Boxer Shorts Business with just 5,000 naira. The Author went on to explain how the new Business man can travel to Aba or Onitsha in Nigeria, to buy already-made Boxer shorts for 200 naira a piece, package 3 pieces in a Nylon pack and sell the three (3) for 1000 naira. Thus making a profit of 350 naira on each pack of 3 (1000 naira) sold, i.e. Removing about 50 naira for the packaging (Nylon & Label). You could read more on this following the link at the end of the article. N/B: Travel cost (to & from Market) would also affect the profit margin (travel cost could be spread on all items sold). Today’s startup Idea is to encourage more people more people to look into starting their own Boxers shorts Businesses. You could go to the Market or wherever you can get the materials (Cotton, bed sheet materials, Elastic bands etc.) instead of buying already made boxers shorts. You would then meet your own tailor to make your own boxer shorts as you desire.
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Idea 18 of 52: Boxer Shorts Business (Male and female)
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itsmeurLady:Nigerian Christian lady, easy with your words. Sorry if u felt insulted by his post. No vex, but let your words carry grace.... |
VULCAN:Thank you so very much....all I ve been saying. There must be something we can do to bring us out of this mess in Nigeria... Our religious activities can be more potent and practically effective than what it seems today... |
itsmeurLady:This is what you will tell our kids in years to come why Nigeria is still behind, in almost all fields despite our Religiousness?? What use is Salt if it has no taste? It is not a SIN for a human to use his brain or seek a better Society for us all seeing that this very religious one is not working well. |
izzou:James 4:17 He that knows to do good and doeth not, to him it is SIN. |
3mmanhu3l:The Bible says people perish for lack of knowledge (Ignorance), not lack of Religious activities. How good is Nigeria with all the Religious a activities in the larger scale. |
izzou:To the one who can do good and doeth it not, it is SIN James 4:17 |
mpowa:Spiritual things like receive stolen funds meant to develop and build society? Have you wondered why your Religious leaders (save a few) dont call out or speak against the looting by Government. They enjoy the loots as offerings, seeds, etc... |
MakeADifference:Thanks for your kind Christlike words, you 'Nigerian Christian' Even when someone might be trying to help you, you will still look for a way to fight them. OP is not Anti-Christian. Just anti laziness Anti-runaway from responsibilities and pray instead. How old are you? Since you were born till now, have you experienced steady power supply yet? Is it impossible with God? Are Nigerian Christians serving a different God? Is it impossible to make this work ![]() Just one of the many problems shouting for Solution. Keep saying its Government's work and keep suffering and singing while the Government and your religious leaders are enjoying steady power supply and no recession at all... |
Gibrima1:The OP is asking Religious bodies to be more responsible. Be practically relevant. Provide solutions where they can and speak up for the oppressed too. Let your light so shine that others will benefit from your presence in their streets and cities. What use is salt without taste. What use is the church with no effects (life changing, solution providing power) You are here to do much more than just go to church, die and go to heaven.... There is more to you....peace |
anitapreeti:You don't know me. I know me... I know what I have added and am still adding. Thanks for commenting and for your input. Atleast you noticed and read my post. So message has been passed. Have a great week. Peace |
Dare2Try:Thank you. If we checked, you may have attended one of those Churches today. A perfect example of how the Church may not be helping Nigeria. See their product....SMH Na real wa |
Nukilia:My Politicians are members of your Church and Mosques. They steal and share with you know who How will a pastor even receive a gift of a Private Jet... |
mikolo80:But its their Job to receive stolen funds? What Job do they do if their members in both religion are ruining this nation with no recourse to conscience. Their members seem not to be changed or transformed into nation loving, empathetic Nigerian leaders. |
And the Senate and House of Reps just watch as these go on? |
gmacnoms:More expenses too I agree they provide employment to some. That does prove a point that if they can have that will and resources to setup that branch that will employ a few. (The pastor, security man, generator, soundtechnician etc). They could also have set up a business (like the Uni business they do), that can employ hundreds and provide food for more families. There are countless businesses they could do to help their members (not the government). |
gmacnoms:I respect your craft or trade as I am good with instruments too. Whatever you are doing to make yourself and the world around you better must be encouraged. So keep it up. You deserve more, you can get more if things were done the right way in Nigeria. So hopefully the Religious practices can produce better Nigerians, that will make Nigeria better of. Although for so many years now, we have had so much Religious practices and little positive changes. |
gadaffioba:My point is to awaken us to evaluate what we are expending so much time and resources on. How effective or what is the effect of our numerous religious activities in National development. Do you have steady light yet? Did Jesus not say you are the Light of the World? You are a solution. How many more years should Nigeria wait for the manifestation of 'Sons of God' Should our Children still meet same power problems we are faced with....since before we were born. While we continue to compete whose Religion is better. Whose church is better, which pastor is better....etc. |
gsogbu:Very good, kudos to your Church. Thanks again for Commenting, I have passed my message, and hopefully our kids will not meet same Power supply challenges we faced even before we were born, till now. |
arrestdarrester:Nothing wrong with planting more Religious centers. Are these Politicians not part of one Religious group or the other? What is wrong in calling out these Religious leaders for not influencing their followers in higher and lower class in Nigeria positively? Christians or Muslims What's the point in making more Religious centers that seem not to be producing refined, productive, problems solving Nigerians. |
gsogbu:Thanks for commenting. I am playing my part as much as I can with the influence, power and platforms I have, but only beg that the Religious leaders will do more with the power, influence and huge following they have. |
Esdb3:Government steals form the people and gifts it to the religious leaders. If only they used the funds to create the jobs or made society better, one wouldn't be calling the out. Imagine someone gifting a Private Jet to a pastor in Warri. How do you think Mr? |
Esdb3:Bro talk all you want, and no matter how much I say, it may not have much impact. But you and I know someone or a group of people who have that much power due to their huge following. The religious leaders. They have so much power to speak against looters, oppressions, mismanagement of public funds and trust, but do they really stand up for the people that they claim to be Shepherds over? Can you name any one Religious leader in Nigeria who is using his/her strong influence to challenge or truly make a stand for the people against grave injustice such as Fela Kuti? One only spoke recently when the FRCN law affected or challenged his influence. I call on the Religious leaders cos criminals, looters, political thieves. Steal what should have been used to make roads and factories, then gift to these religious leaders. And you say we should not call them out ? |
lovethchioma:The post is not an attack on the Church, just a call on the Leaders that they can do much more with the platform, power and influence they possess. Did Jesus not say that he was responsible for one man that was born blind? He didn't blame the mans parents, or government. Where ever he went he did good, he made a difference, he made an impact. All the OP is about is that we start making actual difference in Nigeria. Izzou |
HCpaul:Well said. Pastors and the Churches are relevant partly because Government has failed to live up to their responsibilities.... So basic amenities and simple things of life will continue to find reason to be prayer points in this part of the World |
Joagbaje:Must be planted? What problems does churches solve in Nigeria seeing the amount of time and resources Nigerians expend. |
2. The Business Value Proposition: Convenient environment for football viewing with large number of people. The large screen would provide clearer picture and a stadium feeling. Customer Segment: Football lovers, those in crowded settlements who may not always have power supply or be able to afford DSTV subscription. Distribution Channels: Flyers, roadside display boards, sales and marketers Customer Relationship: Direct and Mass Key Activities: Football Screening, Ticket selling, advertising and marketing, customer service Key Resources: Projector, DSTV box, TV screen, Centre structure (Tent, woodframed), Support staff Security support, General Manager, Air-conditioner, Generator and fuel Key Partners: Relevant government regulatory agency, Cable TV providers, Technical supporters Cost Structure: Facility setup, DSTV, Projector, speakers, Ticket printing, Salary and wage bill Revenue Stream: Ticket sales, venue rental fees (conferences and lectures), drink sales 3. Competition • There are presently some bars in some neighborhoods that show football matches for free, for as long as you come in and buy a drink. These are going to compete against your business or else you work to get a clear competitive advantage. • One advantage yours might have over theirs is the ‘No Smoking’ policy as some of these bars do have people smoking. • If you use a projector and setup a large screen, it would be way bigger than theirs 4. Risks • Your set up needs to be solid so that it would not be affected when rain falls which is the case with most of the cable TV providers whose signals are affected when it rains or when its very windy. • The center would have lower business during the periods when the major leagues are on break, between June and early August. To ensure continued business activities, the center could be rented for conferences and lectures, depending on the location. • Give more thoughts to challenges that might be peculiar to your own environment before jumping into this Business (Youth levies, area boys, insecurity, etc.) 5. Rough Financial Income Projection If you have 150 people out of your 300-500 capacity, pay 100 naira per match, that is 15,000. And if you have average of 6 matches in the whole week, that is 90,000 a week, making at least 360,000 naira a month, and having that for at least 9 months as the major European leagues do go on break for at least 2 months in the year. So, 360 thousand naira in 9 months give 3,240,000 naira annually. Bonus Income Since most of the matches might be played at weekends, and from afternoon through till evening, the Centre can make extra revenue by renting out the facility for Conference meetings, Seminars and Lectures. Summary To successfully set this up, you would need to research properly and identify areas where you can save cost and reduce operational cost in order to increase profit margin. Thanks for following this series. If you are just joining, you can catch-up on the previous articles following this link. http://agapedev.com.ng/category/resources/startup-series-for-nigeria/ Till next week, stay inspired. For more information, comments questions or feedbacks, get in touch. Twitter: @Mrebis Email: mrebis1@gmail.com |
1. The Idea Football has grown to have a huge place in the culture of many Nigerians, who havegrown an affinity to the beautiful game, especially the European leagues and Cup tournaments. Providing a 300-500 seater venue (AC fitted/Fans), which charges 100 naira per match, can be a source of revenue generation, seeing that there are an estimated 6-10 key matches every week, whilst the leagues are in session. This will work best in crowded (highly populated) residential settlements. While there may already be some forms of this already being operated, you can break in with something that offers more and gives the football viewer a richer experience. Features of the Viewing Centre could include these amongst others: - Projectors and Screens - VIP seats (They will pay more) - TV screens - Furniture (Chairs) - Drinks - Air conditioners/Fans - Wifi - Bouncers Idea Summary 1) Get an ideal location (in a highly populated settlement) 2) Agree with the owner of the land for lease/rent agreement 3) Get necessary documentations and licensing 4) Setup your structure (think about ventilation) 5) Install facilities (projectors, TV, chairs, fans, Generators) 6) Advertise and Market your new business
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It is wednesday Idea 17 of 52 - Football Viewing Centre (300-500 seats)
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Cs u talk like a Woman. Since ure full of insults, insults u will get. Quote me back if ure a bastard!!!