Pearl1910:
Guys don't run any traffic light with a camera whether it's 11pm or 3am no matter what. With the new policy of Road worthiness renewal, apart from the stress of waiting and real inspection of the vehicle functions, computers are checked for traffic light violations and all fines are paid before Documents are Issued.
20k for traffic light violation. Imagine running traffic light once a week for the past 1yr
Be careful out there.

16inchdick:
Good evening guys I dropped a comment last week about selling my land worth #20Million then getting to have a fleet of cars some people advised that I shouldn't instead na to japa. My plans has always been to japa sha right now what I want to do is buy a tokunbo matrix say 2.5M-3M then test the waters. I have some problems I no sabi drive so I want to go to driving school to learn hopefully within a Month and I no Even to sabi Lagos roads with google map how the business now comrades I just want something that would keep me busy cos visa processing for the countries I wan japa to go be from next year

SHOOPSYN:
@BAZ001, who is next on your archive list for cruise Can you combine Uche Pearl, Pop and deedee or something. We want informative, educative and lamba kind of cruise.

eyinola:
If u like no get side hustle..learn from felicity01

SHOOPSYN:
@BAZ001, who is next on your archive list for cruise Can you combine Uche Pearl, Pop and deedee or something. We want informative, educative and lamba kind of cruise.

pope191:


Baz001 no mind shoopsyn oo, no carry load wey pass you... I no get energy for boxing, but I get juju sha. You can bring it on if you know you are ready to be farting for the next 10 months at 10 mins interval. The rest is in for your riders to determine wot to do to you, we will just be looking at you from far once we accompany you to your place of karma.

Pearl1910:
Guys don't run any traffic light with a camera whether it's 11pm or 3am no matter what. With the new policy of Road worthiness renewal, apart from the stress of waiting and real inspection of the vehicle functions, computers are checked for traffic light violations and all fines are paid before Documents are Issued.
20k for traffic light violation. Imagine running traffic light once a week for the past 1yr
Be careful out there.

Treaster:


If I had 15m the last thing to cross my mind will be to leave this country.

Firstly you could build from scratch to finish a 10* standard room and palour self contain property with 12 to 15m.

When fully occupied Will give you at the very least 840k to 1.1m per annum.
With the way prices of commodities are skyrocketing you're sure to have an increase in rentals in a few years.

You'll have recouped all your capital in let say 10 years and still have your structure.

Now you still have about 5 to 7m. Get a decent car and register on bolt this should be around 2.5m, you can probably set a target of 50k weekly while you look out for other opportunities which will surely arise.

My 2 cents.

pope191:


Baz001 no mind shoopsyn oo, no carry load wey pass you... I no get energy for boxing, but I get juju sha. You can bring it on if you know you are ready to be farting for the next 10 months at 10 mins interval. The rest is for your riders to determine wot to do to you, we will just be looking at you from far once we accompany you to your place of karma.

chillex8:

Probably you phone is not compatible. What phone again?

northbird:


I was told the cameras were installed to check for expired documents ( the revenue generated from renewal of documents nosedived) and not traffic light violation.

Gentlelife50:

How will that one work in this Lagos?
When you'll still be in traffic and the light is red already yet you haven't crossed?
Or the traffic officials that will tell everyone to go even with the lights red during peak periods?
Abeg make them find another thing do otherwise almost every road users will be involved.

BAZ001:


Pope stop posting short man in-front of ladies chest and mentioning me.
Fk001, see what Pope is posting.
Is that not nude ?
Warn Pope too naah...

davit:
werey somebody

Pearl1910:
Guys don't run any traffic light with a camera whether it's 11pm or 3am no matter what. With the new policy of Road worthiness renewal, apart from the stress of waiting and real inspection of the vehicle functions, computers are checked for traffic light violations and all fines are paid before Documents are Issued.
20k for traffic light violation. Imagine running traffic light once a week for the past 1yr
Be careful out there.

Pearl1910:


The camera captures everything happening on the road. Including when a traffic official is bypassing the light and directing traffic manually.

thoollz:
Is there an e-hailing group either TG or WhatsApp one can join?

pope191:


You have spoken well, but this goes beyond evaluation. What you are saying is more like forming a union that will eliminate middle man, that way rides become cheap somewhat which lead to increase in turn around time for drivers due to increase in riders.

The first problem is unionism, an average black man is not really good with handling power, transparent and accountable.

The second is the government, one can't avoid not paying tax for long. They will obviously find a way to get their dues.

About the empty cars, I'll say is the season. Well! Reduction in price in place where there's no heavy percentage would have generate more riders. That's true, but every driver have a limit enough, there's a limit fixed factor (driver) can accept variable factors ( riders), else he will break down. Which means, a driver should project a number of trips with good return per day to stay afloat in business with good health. There's really no value in doing cheap15 trips per day at almost the same rate of doing 5 reasonable trips at not so friendly price per day regardless of turn around time. Humble submission

Havertz10:
drafting it out will be hard but its fundamentals are feasible, sustainable and with growth potential for all parties

let me give you some context for starters, uber doesnt make money, they provide customers with very cheap prices, guess the idea was to adjust it at scale but it hasnt scaled like expected thats due to so many factors but i think the main reason is because people look at the venture as a risky investment, thats why autonomous driving is the new buzz word for the future of the business model because the truth is you need plenty drivers for the system to work well

whats the roi for 2.5m using uber? considering the risk that your driver has to face and degradation to the car, and the drivers in particular are seriously missing out, the only way uber works is at scale and to get uber to scale you need customers, the problem here is while you need more customers enticed by cheap prices, you also need your percentage of drivers to increase to make the entire business model solvent, fewer drivers and cheap customers, means that the drivers arent earning enough and the business model will struggle cause it's not a worthwhile investment for drivers

for every 10k you make you are causing ~4k worth of passive damage to that car, and with more than 200,000 moving parts, those errors can escalate real quick, if we factor other variables, the odds are stacked against you as a driver or company owner, that's why social mobility is very low in its current form, logistics is a very profitable business model but it requires scale to work, if you dont scale it properly, it wouldnt work, what i propose is a method to the madness, orderliness in the system and a process that allows pricing to be defined by supply and demand




customer drop a location and time for the trip and its shared to various drivers that are in that proximity and they all pick a price that is favorable to them for instance, ajah to v.i can have a range of between 3000 and 5000, a driver can propose 2500 maybe he is heading home and such a trip is bearly an inconvenience, if not then it's 5000 but each trip must have a guaranty of profit for the driver, you can avoid saturation within various hot spots with cost benefit features for drivers, take a particular figure every month for insurance and people can actually build a life with such investments

you asked for an example

Let me use the ride sharing cause I personality think that there is money in that space, one thing that I noticed was that after work hours, most people drive their cars empty and its not because they cant share the ride, there isn’t a good system to link prospective riders to prospective customers, think about how many people will get home quicker, limiting traffic congestions, if more cars on the roads assisted in carrying passengers, a driver can be going to Ajah by 4pm, he advertises his route and people that will be along his path can book rides to meet up along the expressway for a fee, instead of driving empty, a driver can carry 3 passenger or more depending on how many you want to accommodate and also the preference of the passengers, if you want to share with less people the price increases, people can make serious money while doing it, this can happen anywhere in lagos on any route, based of the way Nigerian society stigmatize certain things, you can give it a name that doesn’t paint the driver in a bad light and makes such services appear hip like “carpooling ride shares”

if you are working in vi and you stay at Ajax, you can find ride shares that will leave when you close for a price that is slightly more that you would have paid using a bus and also provide comfort

I haven’t even factored the societal good that it will bring, if its properly regulated and maintained, with strict guidelines, and top class customer service because people need to understand that you care about them, if you have cars on the road doing this everyday, some can use it to fuel their car home from work each day, some will bond, others will build relationships, business ideas and you can even provide a monthly service at a discount for riders that transverse a particular route everyday and can collectively share a ride, you give random drivers the jobs and charge the riders a monthly fee for the service

Treaster:


If I had 15m the last thing to cross my mind will be to leave this country.

Firstly you could build from scratch to finish a 10* standard room and palour self contain property with 12 to 15m.

When fully occupied Will give you at the very least 840k to 1.1m per annum.
With the way prices of commodities are skyrocketing you're sure to have an increase in rentals in a few years.

You'll have recouped all your capital in let say 10 years and still have your structure.

Now you still have about 5 to 7m. Get a decent car and register on bolt this should be around 2.5m, you can probably set a target of 50k weekly while you look out for other opportunities which will surely arise.

My 2 cents.

rapheal5:
I appreciate u all for ur response, pls how much can I charge a client from abeokuta to ekiti state...2 days trip[b][/b][color=#000099][/color]

ndubuisi2021:


I would believe you if you posted this in 2007. Just get abreast with present day reality before drawing a blanket conclusion.

12-15M in this present Nigeria, can only build you a three bedroom bungalow in Lagos, i.e excluding cost of land. Infact, you have to be very shrewd with expenses to achieve this.
This is fact.

As per the guy looking for what to do with his money, hmm, I would never advise anyone to invest in this Uber/Bolt business. Coughing out a whooping 2.5m on this hustle is a NO for me. Think of other businesses to do with your money. It may take a while, but you will get there eventually.

The Uber business is retrogressive in nature, a backward vicious cycle. The dashboard you see here consists of money paid to filling stations (25% of earrings), money paid to app companies (25% of of earnings), repairs (20% of earrings), take home (10% of earnings).

You should grow and make profit in business which is not the case here. For someone that can't drive and hasn't driven before in Lagos, you shouldn't embark on this. You may find yourself back home and thinking after one week of trial. It's not worth it.

My two cents too.

rapheal5:
vawulence too much sotey all the comrades in the house dey too busy to reply newbie....

donfortune48:


45k drop-off.

60k return trip with just 1night wait.
70k ret trip with 2nights way.

10k each for extra days.

Note: this is only if they provide accommodation for you. With food.

Havertz10:
drafting it out will be hard but its fundamentals are feasible, sustainable and with growth potential for all parties

let me give you some context for starters, uber doesnt make money, they provide customers with very cheap prices, guess the idea was to adjust it at scale but it hasnt scaled like expected thats due to so many factors but i think the main reason is because people look at the venture as a risky investment, thats why autonomous driving is the new buzz word for the future of the business model because the truth is you need plenty drivers for the system to work well

whats the roi for 2.5m using uber? considering the risk that your driver has to face and degradation to the car, and the drivers in particular are seriously missing out, the only way uber works is at scale and to get uber to scale you need customers, the problem here is while you need more customers enticed by cheap prices, you also need your percentage of drivers to increase to make the entire business model solvent, fewer drivers and cheap customers, means that the drivers arent earning enough and the business model will struggle cause it's not a worthwhile investment for drivers

for every 10k you make you are causing ~4k worth of passive damage to that car, and with more than 200,000 moving parts, those errors can escalate real quick, if we factor other variables, the odds are stacked against you as a driver or company owner, that's why social mobility is very low in its current form, logistics is a very profitable business model but it requires scale to work, if you dont scale it properly, it wouldnt work, what i propose is a method to the madness, orderliness in the system and a process that allows pricing to be defined by supply and demand




customer drop a location and time for the trip and its shared to various drivers that are in that proximity and they all pick a price that is favorable to them for instance, ajah to v.i can have a range of between 3000 and 5000, a driver can propose 2500 maybe he is heading home and such a trip is bearly an inconvenience, if not then it's 5000 but each trip must have a guaranty of profit for the driver, you can avoid saturation within various hot spots with cost benefit features for drivers, take a particular figure every month for insurance and people can actually build a life with such investments

you asked for an example

Let me use the ride sharing cause I personality think that there is money in that space, one thing that I noticed was that after work hours, most people drive their cars empty and its not because they cant share the ride, there isn’t a good system to link prospective riders to prospective customers, think about how many people will get home quicker, limiting traffic congestions, if more cars on the roads assisted in carrying passengers, a driver can be going to Ajah by 4pm, he advertises his route and people that will be along his path can book rides to meet up along the expressway for a fee, instead of driving empty, a driver can carry 3 passenger or more depending on how many you want to accommodate and also the preference of the passengers, if you want to share with less people the price increases, people can make serious money while doing it, this can happen anywhere in lagos on any route, based of the way Nigerian society stigmatize certain things, you can give it a name that doesn’t paint the driver in a bad light and makes such services appear hip like “carpooling ride shares”

if you are working in vi and you stay at Ajax, you can find ride shares that will leave when you close for a price that is slightly more that you would have paid using a bus and also provide comfort

I haven’t even factored the societal good that it will bring, if its properly regulated and maintained, with strict guidelines, and top class customer service because people need to understand that you care about them, if you have cars on the road doing this everyday, some can use it to fuel their car home from work each day, some will bond, others will build relationships, business ideas and you can even provide a monthly service at a discount for riders that transverse a particular route everyday and can collectively share a ride, you give random drivers the jobs and charge the riders a monthly fee for the service

Lush100:

Hello folks,
I had earlier said my car air conditioning unit was giving out far too low output.

@ pearl,
For 30k rentals, does ur 100% repairs cover , very visible motor dents due to accidents, shock absorber and linkages and damages from low clearance on bad roads ( under the car damages) like tie-rods, etc?

ndubuisi2021:


I would believe you if you posted this in 2007. Just get abreast with present day reality before drawing a blanket conclusion.

12-15M in this present Nigeria, can only build you a three bedroom bungalow in Lagos, i.e excluding cost of land. Infact, you have to be very shrewd with expenses to achieve this.
This is fact.

As per the guy looking for what to do with his money, hmm, I would never advise anyone to invest in this Uber/Bolt business. Coughing out a whooping 2.5m on this hustle is a NO for me. Think of other businesses to do with your money. It may take a while, but you will get there eventually.

The Uber business is retrogressive in nature, a backward vicious cycle. The dashboard you see here consist of money paid to filling stations (25% of earrings), money paid to app companies (25% of earnings), repairs (20% of earrings), take home (10% of earnings).

You should grow and make profit in business which is not the case here. For someone that can't drive and hasn't driven before in Lagos, you shouldn't embark on this. You may find yourself back home and thinking after one week of trial. It's not worth it.

My two cents too.

donfortune48:


Ant league. Telegram group.

Just arrange your application CV.

Don't forget to include,
Date of birth, marital status, Occupation and region of residence.

Pearl1910:


All my cars have comprehensive insurance...and I haven't had need to claim except for side mirrors.
But minor dents can be fixed and sprayed with between 5 and 20k.
I fix shock absorbers, bushings, engine seats, linkages, etc

If it's not due to drivers negligence, I fix it.