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Autos / Re: Range Rover Sports 2013 Fulloption Toks... 12m by osasboy(m): 7:33am On Jan 27
Do you have the 3 seater?
Autos / Re: SOLD OUT Foreign used 2010 Mercedes Benz Ml350 For Sale by osasboy(m): 4:34pm On Dec 03, 2023
7m ..serious buyer
Jobs/Vacancies / Re: Supervisor Needed Urgently In Benin by osasboy(m): 8:06am On Dec 09, 2022
Ok
Jobs/Vacancies / Supervisor Needed Urgently In Benin by osasboy(m): 9:34pm On Dec 08, 2022
We are urgently looking to recruit for the role of supervisor in Benin city.

*Job Function*
To supervise outlets staff
Send daily and weekly report
Fund deposits

*Qualification*
OND or WAEC with good working experience

Start date
To resume immediately

Salary
Very competitive

If interested please contact
08039347699
Family / Re: House Clearance Sales.. Come In Here!!!! by osasboy(m): 7:36am On Nov 14, 2022
Good morning All
I got a set of new sofa and would like to sell my old set.
It's going for 80k

Location :Ogba

Colour: Black

Set: 7(3,2,1,1)

If you are interested please contact me.
08039347699

SOLD

Family / 7 Set Sofa by osasboy(m): 9:34pm On Nov 13, 2022
I'm selling my used 7 set sofa for N100,000 .
Please not negotiable.
You can reach me on 08039347699

Jobs/Vacancies / Urgent Vacancy In Benin by osasboy(m): 11:26am On Aug 23, 2022
In search of sales attendant in Benin ,GRA.Edo state .

Salary range ..N25k

Please if interested interested call 08039347699
Jobs/Vacancies / Experienced Driver Wanted by osasboy(m): 7:56am On Jul 31, 2021
Good day House,
Please the service of a Family driver is needed urgently.
Area: Ogba
Call 08039347699
Autos / Re: Toyota Sienna 2005>>>1.450k by osasboy(m): 11:43pm On Jan 07, 2021
Can I pay 1m
Autos / Re: Toyota Siena 2005 Registered Location Isolo Price N1.5m by osasboy(m): 11:40pm On Jan 07, 2021
Can I offer 1m

1 Like

Jobs/Vacancies / Young Accountant Needed by osasboy(m): 3:29pm On Nov 17, 2020
Dear All,

We are in urgently in need of a young Accountant with 2 to 5yrs Experience ,preferable someone with prior experience in a Resturant /Bar business.

Male Applicants that resides on the island will be highly considered.

Pls send your CV to osasid@yahoo.com

Thanks
Autos / Re: Tokunbo Man Diesel And Iveco Trucks For Sale In Lagos by osasboy(m): 4:22pm On Sep 11, 2020
Do you have a 5 ton truck?
Family / Re: House Clearance Sales.. Come In Here!!!! by osasboy(m): 7:34am On Aug 13, 2020
Clean 6 sitter Dinning set for a give away price of N40k.

Location; Ogba ,Lagos

08039347699 (Serious buyers only pls)

SOLD

3 Likes

Family / Clean Dinning Set For Sales by osasboy(m): 7:13am On Aug 13, 2020
I am replacing my dinning set and would like to sell this out for N40k(Non negotiable pls) ,give away price.

Location; Ogba, Lagos.

08039347699. Serious buyers ONLY

Autos / Re: Reg 012 Ford Explore Ltd For Sale 4m Asking Price by osasboy(m): 6:38pm On Jul 15, 2020
3.2m
Autos / Re: Ford Explorer 2013 Fulloption Used... 3.3m by osasboy(m): 9:30pm On May 12, 2020
Was it an official vehicle? Cos I can see something like branding on the doors.
Autos / Re: ***Weekly Auction List: Preorder Your Cars From The US***Flexible Payment Plan** by osasboy(m): 12:03am On Apr 09, 2020
naijacarz:
Year:
2013

Make:
Ford

Model:
Explorer

Type:
SUV

Drive:
4X4

Odo:
195562 ACTUAL

Engine:
6 - Cyl.

Transmission:
Automatic

Ext color:
SILVER

Int Color:
TAN

Int Type:
Cloth

Doors:
4

Lights:
Red

How much?
Autos / Re: Ad Renewed by osasboy(m): 6:20pm On Apr 04, 2020
How many roll seater ?
Autos / Re: 2008 Toks Lexus ES350 Fully Loaded Selling Cheap by osasboy(m): 10:01pm On Mar 12, 2020
2.2m...serious buyer
Autos / Re: Foreign Used Lexus ES350 (2008 Model) Available ‼️ by osasboy(m): 2:46pm On Mar 07, 2020
No contact details..How much?
Autos / Re: Clean 2007 Lexus ES350 - Toks - 2.55M - SOLD by osasboy(m): 5:27pm On Mar 04, 2020
2m...I pick up
Family / Re: House Clearance Sales.. Come In Here!!!! by osasboy(m): 4:01pm On Jul 24, 2019
pinkyruledworld:


iphone 5s
#30000

Carvel high Heel "39
#3000

PS3 Controller
#3500

iPhone 6+ (factory unlocked)
#55,000

Umidigi A3 Pro
#35,000

iPhone 6
#36500

Horizon Zero Dawn (Ps4)
#5000

Farcry 3 (Ps3)
#4500

Comfort plus Gold Heels "39
#2000

Google home speaker for sale
#18,000

Air Jordan Snickers For sale
#2500

Hondacity 2009 for sale
#1.7million

[s]

HTC desire eye E1
#26,000

Spectranet mifi for sale
#8000

Iphone 6s for sale
#80,000

Samsung s7
#40,000

Red Nike Snickers "45
#2500


Huawei y7 for sale
#52,000[/s]


no number?
Crime / Re: Soldier Fighting A Traffic Policeman Who Deflated His Car Tyre For Parking Wrong by osasboy(m): 8:16pm On Nov 01, 2018
bantudra:
is that other guy even a soldier sef....??....he looks like a civilian....
That's a bloody civilian..All this bloggers sef.

So you expect other soldier colleagues to watch a police fight / beat a soldier ..It can never happen

1 Like

Family / Re: House Clearance Sales.. Come In Here!!!! by osasboy(m): 10:31pm On Oct 20, 2018
dep07:
Good evening all,I have two split unit ac's for sale.2 HP is a kenstar product while 1.5 is a sharp product.All in good working condition.mention me if interested.pix coming later.

I am interested ..
Autos / Re: Reg Benz Ml 320 For Sale by osasboy(m): 2:18pm On Sep 30, 2016
No contact?
Career / Re: What Percentage Of Your Salary Should Be Allotted To Accommodation? by osasboy(m): 9:44pm On Mar 15, 2016
The average rent percentage is 20%....if you decide to do more than that,you are stressing your income..Though you may go beyond the 20% if you have a short plan but do not allow it exceed 24months
During salary vomputation mix,housing does not exceed 20% but it may b lesser if on higher pay
Business / Re: Free Company Logo Design Request On NL {get In Here Now} by osasboy(m): 10:27pm On Dec 02, 2015
freetimes:
Drop You Logo design Request.

Make a request on this topic stating your
preferred business name and slogan. Also state the
nature of your business if you think this should
reflect in the design of the logo... it will have one of the designs below..

I would be doing this for the First 10 Requests for free.

GreatIDEA consult
Sector ; management consulting
Email; osasid@yahoo.com
Jobs/Vacancies / Re: How Are You Paid For A Contract? by osasboy(m): 5:34pm On Sep 17, 2015
Yongi99:
done

Yongi99 ,hope you got my mail.
Jobs/Vacancies / Re: How Are You Paid For A Contract? by osasboy(m): 9:07am On Sep 16, 2015
Yongi99:
osasboy i would love to talk to you on phone. Can i get your number?

Hi Yongi99,please send me a direct message and I will reply you immediately stating my number.
Thanks
Jobs/Vacancies / Re: How Are You Paid For A Contract? by osasboy(m): 1:55pm On Sep 15, 2015
Yongi99:
I want to submit a proposal to a prospective
client, however this would be my first
contract if it goes through.
My question is, how do you get paid? Do you
tax them based on the items you supplied?
Or there is a fixed percentage for payment?
N/B: Am supplying appliances/electronics to
the client.
Getting paid on contracts is mostly dependent on the company settlement policy.
Most times the company may decide to pay the full amount after 2weeks or make part payment before delivery.
My advise is that when doing a proposal do not state terms of payment ,this should be done only after they have agreed to accept you as a contractor.

Proposal writing is just to tell the company about your product and the benefits and why they should use you instead of another company.IF YOU PUT YOUT PRICE AND TERMS OF PAYMENTS IN PROPOSAL YOU ARE NOT LIKELY TO GET THE CONTRACT.

Hope you find this useful

1 Like

Jobs/Vacancies / Re: He Feels This Interview Question Could Deny Him The Job by osasboy(m): 2:17pm On Sep 10, 2015
Basildvalour:
Good day NairaLanders

A friend who recently underwent a job interview as an Accounts Officer in a growing Telecoms firm narrated what he encountered with a question he was asked to tackle during the course of the interview and now he fears that the question could cost him the job.

Here it is:j
A marketer who sells ball point pens (assuming it is a VATable commodity) bought 100units of the product from a manufacturer at #15 per unit.

He sold the 70units at #18 per unit (VAT Inclusive); sold another 20units at #20 per unit (VAT Inclusive) and sold the remaining units at half the cost price because they were damaged (VAT Inclusive).

NOTE: In Nigeria, VAT is fixed at 5%


His tax payable is 10%.

Calculate the marketer's take home profit (that is, profit after tax).

If you were him, what would your answer be? Let's see it.

This is a very technical question
Firstly,I would calculate the 5% VAT on the total sales of the 100 pens based on selling price of the 3 categories of sales.I.e 70psc,20psc and 10psc.

Secondly,10%Tax payable is what tax This has to be well spelt out because even the 5% VAT is inclusive in tax payable .

So in this senerio I only see one legit tax payment based on the interviewer's question which is the VAT if you if you deduct any additional 10% tax it will result to multiple taxation.
Business / Re: 5 Solid Reasons Why Nigerian Startups Fail Too Early by osasboy(m): 10:50am On Sep 09, 2015
AnneMomoh:
“Too many startups begin with an idea for a product that they think people want.”

That no one seems to want the product/solution you are building, surely any other issues can be turned around. But if your potential users don’t want it, what’s the point.

Trying to address a problem that doesn’t exist in the first place might be a sure way to leave the startup scene at an early stage. A good approach to address this is by confirming that your proposed solution is solving a meaningful problem which people would be ready to use or even pay for.
Launching without validation
Another issue startup entrepreneurs cannot escape for new solution is validation, launching without a minimum viable product (MVP).
Some solutions are designed with the entrepreneur having only him/herself in mind, not considering the product’s potential users customers – and in most cases there’s a clear difference between what the company believed to be a ‘must have’ feature and what the customers are willing to use or pay for.
And the Lean Startup Methodologies are just perfect for this.
Revenue Model

Twitter operated for about three years before even looking into monetising the millions of users on the platform, which is running on a series of funding for three years without a revenue model. One question we might want to ask is – how many African startups can run for over 18 months only on funding without losing a larger chunk of its equity to the funders?
It takes real money to keep a business running, hence the need for an early decision on monetization and revenue model is pertinent. Not sure the make it popular and then monetise is still a good approach though, especially in Africa.
Entry Barrier and competition
When the barrier to entry into a sector is relatively low, that translates to a fierce competition and vice versa. A case of the ever growing number of eCommerce players as well as logistics in Nigeria. And playing in a niche market with an entirely different comparative advantage is key.
Yet, some great ideas go quite far only to discover there are barriers that prevent the team from proceeding. So in this case, looking for ways to enhance already existing solutions rather than compete with them could go a long way than trying to build a solution from the scratch. With that, it’s not going to be a competition. What do you think?
Of course, Tunde Kehinde could have taken on Jumia Nigeria and Konga after exiting the former but these giants already have a common enemy which every other eCommerce players in Nigeria can’t shy away from – logistics.
Funding

In Africa, seed funding and grants for early stage startups are mostly between $5,000 and $50,000. And to keep up with the funding challenges, the only available options might just be to keep your current 9-5 job with a decent pay to support your startup, or take up funding for equity. Losing a larger chunk of the company’s equity when you are yet to go public could diminish your interest and passion, and of course we know the end-result of those.
My last attempt at entrepreneurship was a case of two co-founders running out of funds when the business couldn’t generate revenue after 12 months.


Credit: TechPoingNG


http://www.naijahamlet.com/2015/08/5-solid-reasons-why-nigerian-startups.html



CC: lalasticlala, ishilove, dragnet, honsule, puskin

I was looking to see your five reasons clearly stated either by bullet point or numerically.
Anyway the major reason is most entrepreneurs don't do market and product research before setting up a company.

Another reason is getting the right people to manage the business operations.Most entrepreneurs don't hire professional during early stage of busuness .

High cost of Finance ,with the current loan rates the banks offer you have to make a profit before interest and taxes of above 40% to remain in business.

There are more practical reasons I can give to you because I have done dome findings on this topic.
Thanks

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