ornicus:


No problem. Just keep your business out of Lagos. Lagos has a strong and growing regulatory framework. In most other parts of Nigeria, you can get away with hustler mindset by greasing a few palms. Get into trouble in lagos (eg collapsed building) and you will be on national TV in handcuffs

Then you will know hustle as you call it, get level

Ciao

ah ah!
No be lagos again weh my goods dey pass steady with improper import duties?
I have a lot of your common wealth in my possession and I am waiting the day you,sanwo Olu,FG...will HOLD.me accountable for it.
Every system can be bypassed,depends on the player.
And I am a God in those kind of activities

ornicus:


You think she'll does not set aside resources?
You do not realise airlines pay insurance?
You think Boeing does not have insurance for their current mess?

Don't worry, the day you have a major incident in whichever business you run, regulators will ask you these questions. If you are really unlucky, your business will go belly up paying fines. I witnessed a death on a site 5 years ago. The company paid regulators 400 million in fines.

Then you will know it is not by hustle

Some failed bank chiefs went to prison in the abacha years. They literally lost every last thing

I learnt something from you today.
I will always remove money for disasters from WORKING CAPITAL to cater for probabilities
Wow you will make the best CEO of any company.
Kudos champ
I am still trying to figure out the correlation between insurance and setting aside money for disasters.
Isn't insurance meant to totally eradicate the latter?
Such a good CEO you'll make sir

truthsayer009:


How do you raise 10k euros with Tinder?

find the closest yahoo boy near you and ask

ornicus:


in actual sense , CAPITAL YES. it is only lazy regulation that is protecting a lot of business owners from serious liability.

why do you think you keep hearing of gas plants catching fire? because the owners cut all corners when building them. why are buildings collapsing? same reason.

why does your vehicle come with brakes, air bag, etc? but your danfo driver, with a mentality very close to that of the hustlers, discards every safety measure in the vehicle. hustle is important; the lies of the passengers are not.

another example - everyday, there are stories of people dying in hotel swimming pools. you know who is liable? the hotel. but because nigerians like to 'leave it to God'

any serious business has a risk management department that analyses the risks in their operations. the same thing applies on any scale. what are the things that can happen, and am i willing to take the responsibility if they do? what can i do to mitigate the risk?

people just chook head into anything over here.

No let me give you a clear example of what your model means.
It's like saying shell should set asides extra resources for oil spillage clean ups.
The airlines that paid off people that died in their planes,did they have to or want to?
Please whenever you are ready to go into business,apply your model and I will like to see you succeed in it.
Goodluck

Ugosample:


this could work tho

if he can AFFORD to be patient

ornicus:


you know most 'hustlers' get fake papers. thats why their mo when in any accident is to run away.

you want to go into trucking business, it is more than just a truck

it is a roadworthy truck that will not have brakes fail an run into somebody's compund business petrol station or nepa pole
it is a truck with a properly rated chassis that will not fall over in a pothole
it is s a mature, proven driver with a proven guarantor/surety

90% of truck owners do not have these, so we have deaths and destruction everywhere.

i worked in the downstream industry and we had these issues all the time. some joker in his truck ran into our station, obliterating our sign. to pay for the sign [market value NGN 900,000] becomes long story. begging, i will pay in installment, attempts to run away, attempts to settle the police so the matter will be closed.

why is it happening? because the person running the business does not have the capacity to run it.

when a dangote truck broke the bridge at Ijesha, dangote paid for it
when the joker whose truck caught fire in festac link bridge destroyed it, teh government paid for it
when we start imprisoning people who cannot pay, people will respect themselves and face what they can do.

i have similarly lost count of the number of trucks that have no insurance. they only have fake papers.



why do you think we have CBN, Amcon and NDIC? to protect depositors from predatory cowboys.

So in essence you are saying starting a business requires making resources available for hazards as priority?
Do you think airplanes that crash into people's buildings pay for the building?
Even in your over valued western world,you know too well that when disasters happen,it is fully taken over by insurance,after investigations have been made and results exonerates the owner of any default.
Now CBN regulates the financial markets and banking industries nationwide.
AMCON is some kind of repo that confiscates assets of loan defaulters after handing over the same liquidity the defaulter collected from a commercial bank,with sole purpose of protecting depositors interest.
NDIC Depositor insurance(I call them brokers)
How?they monitor step by step banking activities to know who is going under,negotiates/brokers transfer of business to other investors so as to protect depositor interest as well.
Now does NDIC uses liquidity to protect depositors?
Not really!
You also lied about Dangote repairing structures destroyed by it's trucks
Insurance did,not DG!
No business have everything it takes to do that business.
Let's not argue for the sake of arguing Please,let's be objective here.

cococandy:
Okay just clarifying.

Yes he definitely has a different personality. If anything I’m more traditional than him seeing as I love my kitchen and some of those supposedly African wifely duties.

But what matters is choice. I believe the woman has a choice to decide if that’s what she wants or not.

yes,I love that you love your kitchen and I think it is one of the natural instincts of every woman.
If I go home to visit parents today,my mom will first bring food whereas my dad will ask about business or hustle.
Let men be men and women be women.
It is that simple or women should start providing fully while we look after the house.
It is that simple

cococandy:
I don’t know what this is supposed to mean

I thought we were having a civil conversation

No don't take this the wrong way please.
I am in no way trying to degrade your husband or saying I am better than him or something.no not at all.
I just meant we don't share the same traits,that's all.
Sorry if you felt that way,not my intent at all.

cococandy:
Someone like me for example

oh yeah?
You bought the house you all live in right now?
Just say your husband isn't a man like me,else you either do what you got to do or we battle till eternity or divorce me without any form of alimony,since I won't be having any property in my name.

cococandy:
Better find someone who agrees

what woman doesn't agree?

ornicus:


It is called regulation. That is why bank capitulation is 25 billion.that is why there is an amcon. Once upon a time a big boy like you could wake up to hear that your savings had all disappeared in a bank collapse. That's why there is regulation, so that not every joker can enter into a business.

Once upon a time bank capitalisation in Nigeria was 2 billion, and international drug barons were looking at Nigeria as a potential haven for money laundering.

You do not have the capital base or the resources, then you partner or you find another business. If I had decided to do full oyibo and take legal action against the fellow who bashed my car, that would have been a lifetime of penury for him. end of story.

25 billion as capitalisation is just minimum requirement,as would someone that wants to go into trucking need own a truck.
Do you think if UBA goes down today the 25B will reimburse people's deposits?
Lifetime of penury?didn't he own a third party insurance at least?

When grannies jump to conclusions

cococandy:
You guys can own the house together and pay bills together. Many people do it and it works.

No.
She can keep her money and do her wifely duties

cococandy:
What if she makes her own money too?

who owns the house?
Who pays the bills?
Only if she provides and do all those,then I will cook and do chores.
Else,I won't!

ornicus:


And that is hustler talk
The exact same sentiment echoed by yahoo boys

Off topic, This mentality is why it is so hard to do business as a Nigerian or in Nigeria. 50% of my online purchases have k leg because of 'suspicious activity'

You want to make a purchase you do multiple checks because in your mind the seller is an unrepentant thief who wants to scam you.

That's why I said most of you are trading in ignorance
The only way you can make money is when your potential client is a novice in the business.once the client knows what's up, you start getting aggressive. E dey happen well for motor section when some people call out the car hustlers.

Most of you in the end are the same.you complain about the state of Nigeria while diligently contributing your quota to keep it in the doldrums.

How many magas have died in the accidented vehicles you sold to them? No big deal is it? Hustle must continue, they are stupid and deserved it.

I don't sell cars for a living.most cars I have advertised here for sale are my personal cars that I don't like anymore.
I've never sold a car because it's faulty.
That said.if you looseguard even for US,them go chop you scatter.
Especially insurance and copart.
What of mortgages and repo people?abi those ones good too abi since America na heaven
Only a buyer will be held accountable for any purchase that turns out to be a lemon.take this to the bank.
It's a capitalist world where everyone takes,no mercy!
Even you preaching here might have indulged in one or 2 dubious things to make money.
We all do it so stop acting like an angel here!peace

Imagine someone coming out to say no one should be in any business if he or she doesn't have enough money for it
9-5 people no go kill person
So how did all the giants you all scramble to work for start?
Jesus christ!!

theButterfly:
I'm aware of how the system works here. Your argument about the Nigerian government doesn't even make sense. Even if the government doesn't provide garbage cans, common sense ought to tell people to not litter. Many Nigerian streets are a like a dumpsite and eyesore b|c of people throwing garbage anywhere. No maintainance culture in that country.

I can walk or drive miles here in Canada w|o seeing a garbage can to throw something in but that doesn't mean I'll now throw it anywhere I see fit. Common sense says I find a garbage bin to throw it in b|c this is its appropriate place. My street sef has no garbage bins yet it is spotless b|c people have sense enough not to litter and are aware that littering is a $500 fine. I'm not calling people's advertisements in Family garbage but merely using this analogy to emphasize things ought to be placed where they belong for the sake of order.

Another lost clown.
Please,do you or do you not have proper structure where one can be traced and made to pay that fine?
Now how do you make one pay such in Lagos?

If you are dumb anywhere,you will be taken advantage of.
Let's not make this a personal thing because we all have been to the west,lived there and hustled there.
If you be dunce,them go scam you live and direct.
Like ishilove saying her car is accidented,who do we blame?
Is she not the dunce here?come and sell accidented to me na.
If I am buying it,I will buy it for the value of one,simple!

ornicus:




if you cannot afford it, then you should not be in the business. why do you think dangote was chasing graduates as employees for driving trucks? because he was liable for the damage or injuries caused by his trucks. most of your hustlers resort to begging after they have killed someone, or destroyed someones property. that tells you right there and then they should not be in the business, because they cannot bear the risks. i hope LASG follows through on the otedola bridge disaster; that was caused by your hustlers adjusting a truck bed rated 10 tons to 30 tons.



perhaps you cannot read or comprehend - i live in festac. i see the fallout of the madness of hustlers every day.

you also refuse to understand that the masses bear the cost of your hustlers every single day - with their lives. even you defending them - can be a victim. those trailers that have brakes or unsecured loads do not ask if na uk , fellow hustler or struggling nigerian before falling on them



stop the FUD. i am a very patient person, and i can sometimes scout four places before i buy something. nine times out of ten, the high prices are from your hustlers, accompanied by looong stories. the only thing most of you are trafficking in is ignorance of your customers.

i just gave one example of a hisense television. direct experience. most high prices are because of the GREED of your saluted hustlers. i check jiji, i check jumia etal - i see a device i want to buy at over 50k. i pay someone to buy same device on amazon and ship it down - 30k.

na your same fellow hustlers dey sell accidented cars as clean, not so/. i worked in apapa, and i saw them all the time on my commute home. dead cars. and your guys will polish them and sell them as first body, not so? that was how one of them sold a flood damaged benz GL as brand new to an oga in my office some years ago. everything na hustle.

no one is in any business who has got enough money for it to run it perfectly.
Even adenuga said "only God knows what would have happened if conoil drilling didn't strike oil that day".
I trust you enough to be able to put 2 and 2 together to decipher what that means.
Nigeria operates an open market where if price or quality for A isn't good for you,simply go to the next dealership!
What I meant by hyper inflation isn't same as greed.
If it's a government policy to ensure proper insurance and taxing,then pricing will increase in every lot.so this isn't a greed problem but that of policy.
Know that Mr.
You(someone I like to think is smart) should know no one can afford to be greedy in an open market,except of course the buyer na ide.
And ide can be defrauded in the US too.

Ishilove:

You need to see the junk that comes out of containers on the daily. American rejects and scrap. I didn't even know my car was accidented until I ran a VIN check online.

They call cheating, scamming and nuisance 'hustling'.

una go want buy car of 2m for 1.5,why won't it encourage the import of accidented cars?

ornicus:


it was the owner of the truck. if you do not have the resources to run a business, then you should not be in it.

a person who cannot release money to repair a damaged vehicle will not have money to maintain his truck. he will not have money for tires, to fix brakes, to fix lights. it is your hustlers who everyone has to give gap on the bridge because we can see their trucks sliding down.

it was one of your hustlers whose truck caught fire on festac link bridge two years ago. the bridge was out of commission for over six months. over 15 cars were destroyed in the fire. incidentally, that fire also destroyed the adjacent parking lot of another hustler - over five unsold cars were destroyed. as a hustler matter, i'm sure the sellers cars were not insured. that guy was probably like you, defending everything in the name of hustle. well he got burnt.

it is the same reason LASG started putting stringent laws against fire works, because a few years back one of your hard working co hustlers had his warehouse full of fire works for christmas catch fire.

Hmmm!
So let's say I am sanwo olu or Buhari perhaps and I am touched enough by this your model to put everything in perspective,of course like it's done in the UK where you are from.
And I apply this model in one of the poorest countries in the world where people barely feed,what do you think will happen?
I don't know what car you drive but would you insure a 010 Camry for 1 million naira?
Would you pay 500k for trucking a container from Apapa to oshodi?
Would you buy tires for your vehicle at 200k each?
Even retail too.would you pay 50% more of what you spend monthly on groceries?
And note that all these will be born by you making the same kind of money you make now in this current economic phase we are in.
Because if these people have to do things by your standards,then the masses must bear the cost!
If not for all these cuts that HUSTLERS do,you would have been spending like an American in a Nigerian economy,making the Nigerian kind of money.
I am sure you will be the first to carry placard to Abuja in the name of protest
Development is in stages,even the US took centuries to make it what it is today!

Jonscotin:
God has embarrassed with Blessings this past week. I wrote this post to make God to notice my predicament. And God has proven Himself. He has done so many things for me and He will still do more. Brethens, God is real and ever faithful. I can testify enough of his Goodness in my life. I promise never to go back to my immoral habit that have been with me since my nysc days in 2010.

God?I'm really surprised.
Anyways,I'm so happy for you Bro.
Keep at it and learn your lessons.

ornicus:


i wonder if you will share this same sentiment if they start doing clearing and forwarding right in front of your mansion
it is this very attitude that makes nigeria so diificult

in my old close, some one started dealing cars in the close, next thing we had an influx of vehicle vandalisation.
in the same vein, in a domestic neighbpourhood, some hustler started a welding business. this led to further overloading of an already overloaded community switch board, fluctuating voltages, and damage to appliances of different people in the neighbour hood.

but hey, as long as you're making an honest buck in a hard country, it doesn't matter if your inconveniencing anyone right, because the needs of you supersede the needs of the many

or when someone [another honest working hustler] tried to bring a hotel into the close. fortunately everyone kicked against it. there are domestic locales where people did not put up a fight, and i feel for them. party and loud music till 1 am, people turning everywhere to public toilet. randy people fking in cars in the open. wonderful place to bring up kids in. i remember one neighbor with daughter already showing signs of waywardness freaking out completely over the idea of a hotel [what is hotel in naija other than short time joint] but it doesn't matter, because the only important thing is making money. it does not matter how much you inconvenience other as long as you are making your money. that is all that matters

six or seven years ago, a trailer rear ended me in traffic. demolished the back of my car. the standard is to sieze teh car until you are paid, but there was no way i could start parking a trailer in the close [ i have respect for other people].So i opted for taking the original papers of the car. that was how i followed the owner of the truck into the slums of ebute metta. when we got to his flat, it was a mess. his kids were just coming in from school, and i was looking like some fat tax collector. i took one look at the whole mess and took the measly 15k that he said was all he had [ of course you hustlers may begin laughing over how i fell for the format]. the question i came back with was - why is this fool, who does not have two nickels to rub together in this business. the truck was a dead vehicle. this is how nigerians are killed everyday, by hustlers who do not have the resources to do the business they are doing.

it is the same thing with most of these spammers. more greed than common sense. banking on the ignorance of the suckers who do click on their ads.

If you live in Nigeria,better start thinking like Nigerians.
And I wonder how you had to believe someone who drives a truck will have just 15k to spare for repairs.
Till we understand that naija isn't the west,then I believe everyone will settle accordingly.

czarina:
Nwanneni, fuvk off

Nwanneni,Yes.
Bleep off?not really!
I wonder why you had to show me you were raised in a police barrack with general latrine toilet to pass a message
Tells me how your thought process is like

czarina:
Abeg get out.

come and make me na..
Bloody dictator.
Always feel like they call the shots.
Smh!

czarina:
Darn! Give up already!

and who are you to tell him to give it up?

calgaryFriend:

These examples you give are quite funny.
It is the responsibility of the government to provide an enabling environment for people to do business.

In a society where everyone is their own local government, you generate your own light, water, even road and fence(security) what do you expect.

I am yet to see a business owner on this thread supporting your idea , I am sure because you are a salary earner it looks to you like everything is okay.

The Nigerian mode of living is the survival mode, the same mode of living animals in the jungle survive by, the average man on the street is not hustling to buy a car or build a house, they are hustling to feed not even themselves but their children.

If these people find a way to make some money and not carry guns please try and respect their choice and how dugged they have become in earning an income in a legal way.

The Nigerian environment operates like a jungle so dont expect the average person to pretend it is heaven , it is not.

I stand with you on this.
9-5 people always feel their definition of life is ideal.
It's a pity honestly.smh!
One hennessy for you baba

ornicus:


the hustlers [as you call them] are just uncouth nuisances
i see them on whatsapp groups as well. sending 40 pictures at a go of some useless item no one is interested in buying. I ALWAYS call them out, at which point they start pretending they do not know it is rude, while telling me i can contact them to buy.

i ask them what would happen in the group, if everyone decided to be like them, flooding peoples phones with unsolicited messages

it is the same thing you see on regular nairaland threads where betnja agents and adult website admins spam every FP topic with messages

i live in festac, and i see the same behavior play out in the real world. every single corner is turned to a parking lot for used cars, or a flea market/bazaar. the entire place is an eyesore.

A person who is unprofessional in the way he markets his wares, will also be an unprofessional business person. the moment your hustle makes you a public nuisance, there is a problem.

the end result of this nonsense is that people will leave this forum, and the hustler will , like a virus, have to find some other avenue to spread to, pollute and destroy.

simple!commot the group na

Ishilove:

We disagree to agree to disagree, and I completely disagree with you but I will give it a rest.

when you disagree finish,go and hold them from posting na
Money must be made,whether you all like it or not!

Florblu:





You will die of hunger with your rich status

ehn she starves me,I stop paying the bills na.
Make we see who go tire.