₦airaland Forum

Hi Everyone,

Please do not quote the whole business updates, so that it will be easy for everyone to scroll down the thread.

It's fast & easier for everyone.

OGWILLS123:
Do you even understand simple English
you said we can start with 1K naira so
the cash I will get to pay them
When there transfer the money to
my account where will it come from
still from the 1K .
as anybody ever started doing POS business with 1K

And note !!: Nobody should ever try this kind of business
it is the riskiest business on earth for now
instead you do it in a shop where people will come there
to withdraw or transfer.
what if you went to deliver the money to your client
and unfortunately the person involved in
is a thieve or robbed you and collect the money
what will you do

It's always good to ask question when you don't understand a business so that you get more enlightened about the business than to act ignorant and try to cut yourself & others from benefitting from the thread.

But, your reckless post will not stop this thread from attending to your simple questions you should have ask politely.
Which is;

1.) How can you start P.O.S with very low capital?

In P.O.S business, whether store or not, if you like start with #100,000 Or #1million, if you don't have people coming to withdraw from you, someone who started with just #5,000 and one customer withdrawing from him/her is better than you.
And that's why it's always advisable to start with little capital and only increase it if your customer base increases.

You can even start with nothing.
As far as you have customers, you can even borrow to complete your transaction and still refund the borrower the same day & take your cut - your service charge fee.

2.) Security

When P.O.S business first started in Nigeria people like you also said that P.O.S was very very risky, that it's a bank, with people money, without security. But business people ignored such people and went ahead to launch their P.O.S businesses.

Nowadays, P.O.S businesses are been started without security, only with a salesgirl not even a man to guard people money.

And now you are finding excuse not to start early, until the market become populated just like P.o.S store business.

And to still have tight security the P.o.S store businesses Never had and still succeeded.

In step 3. of How To Start, You were adviced to start the service for your own street members.

Why,

1.) You already know them or their place very well.

2.) They too also knows you.

And even if you make 10 daily withdrawals from your street without expanding. You will still be making between #80,000 to #450,000 minimum per month while you're at home.

Note;
If you don't understand any part of business posted on this thread, simply ask questions and it will be explained.


For people waiting for the professional service/charge fee sample you can edit or use for your service, it's coming soon.

Welcome Back, let's start.

Today's new business update is Online P.O.S Business (without P.O.S machine).

What is Online P.O.S business?

Online P.O.S business is a SHOPLESS type of P.O.S business where you stay at home & people who want to do withdrawal will call/text you that they want to withdraw money and you deliver the money to them, for a fee.

How it work;

1. You stay at home doing whatever you are doing.
2. Someone that want to withdraw money calls/text you that s/he want to withdraw “this amount of money ”.
And now, your business starts.
3. Goto the person's location.
4. The person transfers the amount plus your charge fee to your bank account through mobile phone.
5. You then give the person his/her withdrawal (cash).

Advantages of Online P.O.S business;

A. No P.O.S machine, only mobile phone.
B. No static business location, that means zero limit to daily number of customers you have to deliver your service to.
C. No shop/store rent for your new business.
D. No paying of government taxes & local government levy for your new business.
E. Your business is open 24/7.
F. You work at your own time.

What is required;

1. Your mobile phone
2. Nothing else, accept maybe #1,000 for marketing your service/business.

Potential Earning;

With just 10 daily withdrawals.
You could be making #80,000 to #450,000 minimum a month.
Depending on the amount each person withdraws.

Why Nigerians will patronize your service/business;

1. Because of all the same reasons why Nigerians patronize P.O.S.
2. Nigerians hate queuing in long line just to withdraw their own money.
3. Nigerians hate wasting their money on transport to an ATM machine only to realize that it's not working.
4. Some people are busy sometimes and will like to do urgent withdrawal.

How To Do It;
Step 1. Chose a name for your business

This will help people/your customer identify you as a brand & not anyhow business/service.

Step 2. Type a piece of paper explaining your service/charge fee.

Step 3. Start from your street/location.

People around your street are going to your first customers because of location.

Step 4. Distribute your piece of paper or use word of mouth to tell people around your street about your service.

Step 5. Finally launch & start earning from your side business while you still do your normal activities.


Not Compulsory;
Because I have already explained everything you need to know to start this business in details.
But,
If you want to ensure that you get your first 1,000 customers without getting frustrated on the way.
You can spend #1,000 for your marketing to get “How To Get Your First 1,000 Customers With Ease” eBook + 1hr mentorship chat on howto launch.

You can send a DM on WhatsApp+2349069300183 to get it (Again, not compulsory but you might need it).


Remember to leave a comment after reading each business update if you want more new businesses to be updated on this thread (till you find the perfect new business you can start).

Until next time, always remember.

Thread Motto: Never chase money, just provide value online or offline. And money will chase you.






Bonus Update Coming Soon.

A professional service/charge fee per withdrawal sample you can use or edit to your own service/charge fee for your new business is coming soon. And it will be made free for ALL.

Welcome Everyone,
If you are joining us for the first time, you're also welcomed.

A little history about this thread;

This thread is created for entrepreneurs and people who want to start a side hustle with little or no money.

I will be releasing new businesses you can start with #1,000 or less on a weekly basis - twice per week (hopefully).

Please, do not spam this thread with adverts or off topic post.

All business will come with how it work & how to execute it. Even if you have no prior experience or knowledge about how to start.

Remember to leave a comment after reading each business - because this shows that someone appreciates the thread & would love it to continue. And this will encourage more new weekly business updates (you will never know the new business update you might decide to pick).



Thread Motto: Never chase money, just provide value online or offline. And money will chase you.



The thread will start when it gets enough interest.

Vanzcharles:
Are you guys still friends?

Currently, No.

She was one of the most brilliant girl, not just girl but student in our secondary school days.

Taking first positions almost every term as if it was her birthright. Going to different mathematics competitions and knocking them down.

Fast forward 7yrs later, she have graduated from one of the most prestigious university in the country. We meet again, and one thing led to another we started dating(lasted for almost 3 months before I called it quit).

These are 3 experience I learn though.

1.) Most brilliant girls are introverted
This girl like been alone. She hate phone calls. The only reason she picks mine is because she thinks she dating me & sees that as some thing she have to do for the sake of the relationship.

2.) Brilliant people pretend to be novice in everything, at first.

She always pretend to be novice in everything to rate my intelligent about things and then adjust her own brain to my level (so as not to embarrass me intellectually during conversations)

3.) No 2. Makes the relationship look unreal

Due to the fact that she keep adjusting to your level in everything, this led to questionable relationship because you can never actually know her. It feels stupid to meet a human being that is so perfect in everything and not sometimes, that is dangerous because we are all human being.
And that made the relationship look so unreal & not natural to me. That's why I jumped out of it.

The goody sides
1.) Great advisor
The girl is so good in giving best practical advice to your problems. And always ready to assist you in executing it.

2.) Though she like been alone, but fun to be with.
She knows everything happening on this surface of earth from celebrities to academias, from sports to politics. You name it, it hard to put out a conversation with her that she doesn't know about.

3.) She is a great friend ready to sacrifice things only your family will do for you.

I should have friendzoned her instead of letting my emotions push me into starting a relationship with her.


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