Re: Share Your Worst Business Experience by SecretReporter(f): 5:01pm On Aug 24, 2021 |
AlhajiBitcoin:
![grin](https://www.nairaland.com/faces/grin.png)
Thank you for understanding the secret.
Mechanics are criminals. I have lost an American used car too like that. I was the first user of the car.
So I now diagnose my car issues before choosing who to fix it for me. how do you diagnose ur car ? |
Re: Share Your Worst Business Experience by YngDenzel1: 5:03pm On Aug 24, 2021 |
mhizmeme: chin chin and peanut business. I was the producer and the customer You go like food die aswear ![cheesy](https://www.nairaland.com/faces/cheesy.png) .. you even still carry food for ur dp ![grin](https://www.nairaland.com/faces/grin.png) |
Re: Share Your Worst Business Experience by hefelove(m): 5:08pm On Aug 24, 2021 |
Bighead95: My viewing center biz.....
The environment was full of youngs guys within the estate .... There was a field at the line of my shop as well....
I never knew those guys are all yahoo boys they don't like soccer they just like hanging around withing the estate ....
The people living in the area chai I no just understand..
During star match expecially chelsea I see 1200 or 1500
During top team vs small team I see 600 sometimes 500,700,300
I only show arsenal match just for my self because na only me go watch am ...
I subscribed 9800 every month I buy fuel most times the electricity Is bad I will at least buy rechargecard and other misseleniuos for myself ...
Later I realised this biz is not for me after so many endurance .... This depends on your location o, for my area, I'm not even exaggerating, chelsea vs Arsenal alone the man go make like 25k |
Re: Share Your Worst Business Experience by NaijaCopy(m): 5:11pm On Aug 24, 2021 |
post=105130287: THE HOME TRUTH! If the truth wanna kill some people, let them die.... We will continue to say the truth just as it is
You are always welcome. We will continue to be on the side of the truth as long as we exist. Stay blessed ma. Quite sad but the honest, unedited truth. The average Nigerian has a moral crisis - although they're the most religious and most of them are ushers, choristers and alfas on Sundays and Fridays. Supporters of evil and dubious wealth. they're plenty on Nairaland - Hailing Hushpuppi without questioning his showoffs. Everyone is looking for an opportunity to defraud his neighbour, friend, colleague, bosses, even brothers and sisters and thinking the 'benefits' will last. To fix unemployment in this country, we'll need to first fix our moral compass as a nation. 11 Likes 5 Shares |
Re: Share Your Worst Business Experience by hefelove(m): 5:13pm On Aug 24, 2021 |
dammywapes: Glory be to God e don boom since... You changed location? |
Re: Share Your Worst Business Experience by SeaTrade(m): 5:25pm On Aug 24, 2021 |
Afromentalist:
The Inflation levels in nigeria is out of this world. Can you imagine a Country with double digits inflation/devaluation rate for almost over a Decade. Whereas in Germany, the coupon and yield of a 10 year Bond is negative. Really bad mehn,it has turn even traders like me whose principal motive should be turnover to hoarders. Everyone is afraid to sell for fear of price increase. Na real wa!! 2 Likes |
Re: Share Your Worst Business Experience by Gfskw: 5:27pm On Aug 24, 2021 |
Starting |
Re: Share Your Worst Business Experience by VlamesIffect(f): 5:28pm On Aug 24, 2021 |
SonofGod231: This country is a mess. If you have no side hustle,unemployed and over 30 let alone 50,you are finished. Employers just want to employ desperate young graduates for minimum wage - they are after the keen, bright and exploitable chaps. The harsh economy right now makes it even worse. The only investment I ever made that ended in tears was that MMM and still regret going into it. I started with 200K then 400K then 500K.I received all those returns until I decided to go in with 1meter that December,just when the system decided to crash. Don't forget.I spent those returns on things like Shopping,gambling and I paid to have an escort come round once per week,I book them direct from a website,I mean the most stunning of them. Not Cheap ones. At the end I realized, I have lost alot on loads of rubbish. EM.M.M,. Tw.in.k.a.s,. G..et..help.wor.ld.wide showed me serious shege that 2016. The nigerian economy is just messed up... I support that side hustle perspective. |
Re: Share Your Worst Business Experience by VlamesIffect(f): 5:31pm On Aug 24, 2021 |
NaijaCopy:
Quite sad but the honest, unedited truth. The average Nigerian has a moral crisis - although they're the most religious and most of them are ushers, choristers and alfas on Sundays and Fridays. Supporters of evil and dubious wealth. they're plenty on Nairaland - Hailing Hushpuppi without questioning his showoffs. Everyone is looking for an opportunity to defraud his neighbour, friend, colleague, bosses, even brothers and sisters and thinking the 'benefits' will last. To fix unemployment in this country, we'll need to first fix our moral compass as a nation. An average nigerian is a sharp guy... I doubt if Nigerians will ever change because the system itself is not for the morally upright...it has been rigged to favour some kind of people... that's why an average will have to go to extremities to get a piece of that cake. Not Justifiable but the reality. Mau God help this country. 1 Like |
Re: Share Your Worst Business Experience by CEOwatazs: 5:45pm On Aug 24, 2021 |
SecretReporter: can you share the link Not a link ma..... Was responding to someone who was unable to make the order himself without copying and pasting his order links to his agent..... Was having an alternative for him that will enable him to make order directly. If that's what you wanna know just buzz up 1 Like |
Re: Share Your Worst Business Experience by Godwin25king: 6:01pm On Aug 24, 2021 |
Harrykn: There’s this mannequin called PMB, his first performance in the company after being gifted by its associates was so poor to the extent that we had to return it for assessment and restructuring. Some years ago we ordered it back to the company only to realize that it hasn’t changed, currently he’s the worst ill_structured mannequin and major setback in the effectiveness and development of our company. It has a heavy loss on us the workers so please stay away from bad products. ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Re: Share Your Worst Business Experience by armadeo(m): 6:01pm On Aug 24, 2021 |
smeag0l: No government contract is worth doing. The knly one worth doing is the one that you have a partner in the pay office or a strong man as a background investor. Asides that forget it. Make I no talk wetin my eye don see for contract matter. |
Re: Share Your Worst Business Experience by jodababa(m): 6:09pm On Aug 24, 2021 |
obisage: I am a photographer and doing very well. I went and took a laon of 2.5 million to buy large format printer (banner printing machine) I have nearly finished paying the loan, but I don't think I have made up to 200k from the machine. reason maybe my location or maybe because I'm new or because I may not have done enough adverts. I really don't know. The machine is just lying ideal, in fact I have not printed for the past 3 week.
I am even looking for a partner who can do either of the above: 1, buy the machine from me at a cheaper rate 2, pay on installment on a higher purchase 3, take the machine to another location where you are sure it will boom and be paying me weekly/monthly
if interested whatsapp me on 0.70.5 6.03. 1551 Location ![](/faces/huh.png) |
Re: Share Your Worst Business Experience by jclassiq(m): 6:21pm On Aug 24, 2021 |
BrBox: I used to run a diapers business. The business was moving fine until I broke up with my girlfriend, last year. Shit really messed up with my head, to the extent that I lost interest in everything.
I closed down the business last month. She was running the biz for you? |
Re: Share Your Worst Business Experience by dammywapes(m): 6:22pm On Aug 24, 2021 |
No same location hefelove:
You changed location? |
Re: Share Your Worst Business Experience by Bighead95(m): 6:58pm On Aug 24, 2021 |
hefelove:
This depends on your location o, for my area, I'm not even exaggerating, chelsea vs Arsenal alone the man go make like 25k .. Yes you absolutely right because someone that made me do the biz dey see more than that ... No be everything dey go for person I feel that shit is not just my way ... I don face another hustle ooo and God dey do am small small ![grin](https://www.nairaland.com/faces/grin.png) |
Re: Share Your Worst Business Experience by Nobody: 6:59pm On Aug 24, 2021 |
jclassiq:
She was running the biz for you? No, she wasn't. Our plan was that, I'll run the business for a while and then hand it over to her coz I know about the nooks and crannies of the business Because I work remotely, it was easy to handle my remote job and the business at the same time. Along the line, something came up and we broke up. I immediately lost interest in the business buh I tried to convince myself and that it's just a phase and with time, I'd move on. Around that same period, mechanics started parking damaged vehicles right in front on my store; sometimes, they don't finish working on the vehicles for a week (sometimes less). So, I decided to close down the business; invest the cash on something else and focus on my remote job. 2 Likes 1 Share |
Re: Share Your Worst Business Experience by jclassiq(m): 7:07pm On Aug 24, 2021 |
I took the bull by the horn and spent roughly 100k (inclusive of small grant from my big bro) in 2011 trying to set up a photocopy business in ebsu.
A business I had entirely no experience in, I didn't make a dime as profit until the photocopy machine got damaged and I was forced to sell everything (including generator) at half price.
I got exactly 40k from the sale and I used it to drink beer and eat fried indomie somewhere in the neighborhood.
Lesson learnt: 1. do your homework before you venture into any biz endeavour. 2. Be organized. 3. Business is persistence, as long you know you are in the right business. 8 Likes 1 Share |
Re: Share Your Worst Business Experience by jclassiq(m): 7:09pm On Aug 24, 2021 |
BrBox:
No, she wasn't. Our plan was that, I'll run the business for a while and then hand it over to her coz I know about the nooks and crannies of the business Because I work remotely, it was easy to handle my remote job and the business at the same time.
Along the line, something came up and we broke up. I immediately lost interest in the business buh I tried to convince myself and that it's just a phase and with time, I'd move on.
Around that same period, mechanics started parking damaged vehicles right in front on my store; sometimes, they don't finish working on the vehicles for a week (sometimes less).
So, I decided to close down the business; invest the cash on something else and focus on my remote job. Okay. Eiyah.. They say, when it rains it pours. It's well. |
Re: Share Your Worst Business Experience by Nobody: 7:16pm On Aug 24, 2021 |
Lol ��� I'm so sorry I didn't mean to � but I don't understand where did they go? gbengaoyeladun: I don't like to remember the incident... I venture into farming business that was introduce to me by a friend ...I bought snails of about#200k and the next morning I don't see anything again..they all walk away |
Re: Share Your Worst Business Experience by BirtherOfKings(f): 7:19pm On Aug 24, 2021 |
1 Like |
Re: Share Your Worst Business Experience by Nobody: 7:23pm On Aug 24, 2021 |
jclassiq:
Okay. Eiyah.. They say, when it rains it pours. It's well. Exactly Thanks man 1 Like |
Re: Share Your Worst Business Experience by Chriswazo(m): 7:52pm On Aug 24, 2021 |
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Re: Share Your Worst Business Experience by authority2006(m): 8:01pm On Aug 24, 2021 |
mhizmeme: chin chin and peanut business. I was the producer and the customer Hahaha, u no go kill person o |
Re: Share Your Worst Business Experience by Lamanii22(f): 8:04pm On Aug 24, 2021 |
mhizmeme: chin chin and peanut business. I was the producer and the customer ![grin](https://www.nairaland.com/faces/grin.png) same here... Even my siblings will not allow my chinchin to rest! They'd be like "let me help you to taste it, hmmm it's sweet" Meanwhile I'm still selling, nairalanders please patronize me.... |
Re: Share Your Worst Business Experience by Lamanii22(f): 8:06pm On Aug 24, 2021 |
Dimejimichael: A female friend of mine introduce a business to me ,it is all about importing from China , I gave her money to tutor me on how to place order and how my goods will be shipped to Nigeria..
She gave me a site where I will pick any items I like to import and I will send her the link so that she can collate everything and send to d the agent she do use in china
To cut my story short , I spend over 48k on the goods and another 52k to clear the goods .
On getting to arena in oshodi to make payment and to obtain the items been shipped to Nigeria, I received the shock of my life , I only received 9 items out of possible 19 items I ordered for, all the items I received are substandard..
Till today the rest r no where to be found .
Wasted over 100k and ended up with nothing to show for . Awwwww.... Such a pain... They'd just tell you that it is cheap... Blah blah blah.... business in Nigeria eehn it's only God that can bless you... |
Re: Share Your Worst Business Experience by authority2006(m): 8:07pm On Aug 24, 2021 |
Afromentalist:
The Inflation levels in nigeria is out of this world. Can you imagine a Country with double digits inflation/devaluation rate for almost over a Decade. Whereas in Germany, the coupon and yield of a 10 year Bond is negative. How's that good for you as an investor? |
Re: Share Your Worst Business Experience by Lamanii22(f): 8:11pm On Aug 24, 2021 |
debbydams: Hummm..I'm into Prov nd food stuffs nd I sell in student area I was doing fine before the lockdown, lockdown came all the student traveled, it Was just the villagers so I stopped the provision I focused on the food stuffs part
I start buying bag of garri den it was 27,000,bag of rice semo and the likes..On this faithful day Ibought two bags of rice not knowing one was good the other one is full of sand it was when I got to shop I noticed I loosed 22k, During the lock down I manage to open, from where I am to the market is 250naira but because of the lock down I take bike which will cost me 1k to meet up because of the curfew,initially when I'm going back I spend 1200 on tfare but due to the lockdown I spend 3k 4k,there was a time I got stranded.it continues nd everything started going down, I still have to pay for my shop rent hummm I started doing peanut using my hand cos I can't afford the machine but groundnut and floor went up even nylon is very expensive I had to stop. This year I'm trying to pash it up..started doing little contribution I was able to stand little by little,now food stuffs is extremely expensive we buy vegetable oil 10,500 its not 26000, semo 10kg is now double compared to the amount we used to buy,everything is now too expensive,before if with 30k I will buy enof but now with 60k I won't be able to buy anything because I'll want to cover everything..plus sales is down dull lately..
hum mm going business its not easy at all,,there's limit to what I eat..I can't make my hair frequently to cut expenses down,,once I go broke no body will even borrow me money ,I'm broke now sef even the ones that want to borrow will want to get down with me..hmmmm Awwww.... The Lord will send you help hun.... |
Re: Share Your Worst Business Experience by Lamanii22(f): 8:13pm On Aug 24, 2021 |
dammywapes: I venture into football viewing center First challenge no viewers i paid dstv for 7 months with my money was collective package 18k plus per month Natural challenges rain enter tv as ineva buy nylon cover my planks tv no on for sm hours later e on Landlord issues say ah go dey bring thieves for area Town planning bring quick notice say d land i use kna for house say ah dey use ham for business Gen knock My clearance money dstv chop omo e long o make ino dey count ham Awwwwn... Kpele hun |
Re: Share Your Worst Business Experience by ComputerOperato: 8:14pm On Aug 24, 2021 |
Quail bird/egg business. It ended in premium tears 1 Like |
Re: Share Your Worst Business Experience by debbydams(f): 8:14pm On Aug 24, 2021 |
Lamanii22:
Awwww.... The Lord will send you help hun.... amen ooo 1 Like |
Re: Share Your Worst Business Experience by authority2006(m): 8:17pm On Aug 24, 2021 |
debbydams: Hummm..I'm into Prov nd food stuffs nd I sell in student area I was doing fine before the lockdown, lockdown came all the student traveled, it Was just the villagers so I stopped the provision I focused on the food stuffs part
I start buying bag of garri den it was 27,000,bag of rice semo and the likes..On this faithful day Ibought two bags of rice not knowing one was good the other one is full of sand it was when I got to shop I noticed I loosed 22k, During the lock down I manage to open, from where I am to the market is 250naira but because of the lock down I take bike which will cost me 1k to meet up because of the curfew,initially when I'm going back I spend 1200 on tfare but due to the lockdown I spend 3k 4k,there was a time I got stranded.it continues nd everything started going down, I still have to pay for my shop rent hummm I started doing peanut using my hand cos I can't afford the machine but groundnut and floor went up even nylon is very expensive I had to stop. This year I'm trying to pash it up..started doing little contribution I was able to stand little by little,now food stuffs is extremely expensive we buy vegetable oil 10,500 its not 26000, semo 10kg is now double compared to the amount we used to buy,everything is now too expensive,before if with 30k I will buy enof but now with 60k I won't be able to buy anything because I'll want to cover everything..plus sales is down dull lately..
hum mm going business its not easy at all,,there's limit to what I eat..I can't make my hair frequently to cut expenses down,,once I go broke no body will even borrow me money ,I'm broke now sef even the ones that want to borrow will want to get down with me..hmmmm Everything you wrote there is quite some experience, I love that entrepreneurship spirit. And you sounded like you could really use some help. You deserve all the applause. And your last sentence is really a sad reality in our society. 1 Like |