The mistake I made was too costly.

I rented a shop to open a business and I never take the location from my house to the place into consideration.

I spend more than 2k alone for transport and feeding alone. I never check other daily logistics.

Every month I pay light bills, security bills and all others.

And the said part nothing is happening in that place. The rent is so big and I regrets every moment of it all as I was warned early not to go there. My account has been deplated. I thought it was God purpose and God can bless person anywhere as the shop came at the time the money was there. But right now everything is now so clear for me to see. Some people have abandon there shops.

I need help as I am bleeding. I am spending daily without getting Anything. Debt on my head.

thats what happens when you are clueless about running a business and rush into it blindly!

all the above you are mentioning you should have known ahead of time.

MrBrownJay1:
thats what happens when you are clueless about running a business and rush into it blindly!

all the above you are mentioning you should have known ahead of time.

Go through the post vividly, you'll know he was aware of all these ahead of time. Probably, he was misled by a motivational speaker or he just wanted to answer a business owner.

Kriss216:

Go through the post vividly, you'll know he was aware of all these ahead of time. Probably, he was misled by a motivational speaker or he just wanted to answer a business owner.

read again the below in bold:

fineboynl:
I rented a shop to open a business and I never take the location from my house to the place into consideration.
I spend more than 2k alone for transport and feeding alone. I never check other daily logistics.
Every month I pay light bills, security bills and all others.
And the said part nothing is happening in that place.

MrBrownJay1:


read again the below in bold:

Read

The rent is so big and I regrets every moment of it all as I was warned early not to go there.

[quote author=Kriss216 post=109957528][/quote]

the rent being high is one thing he knew beforehand and dismissed, but the location/distance being wrong, the other daily logictic being wrong AND the fact that nothing is happening in that place, is something ANY business owner should have put into consideration before renting this space...thus me saying that many people are clueless about running a business because he rushed into it without due diligence!

MrBrownJay1:


the rent being high is one thing he knew beforehand and dismissed, but the location/distance being wrong, the other daily logictic being wrong AND the fact that nothing is happening in that place, is something ANY business owner should have put into consideration before renting this space...thus me saying that many people are clueless about running a business because he rushed into it without due diligence!

We're saying same thing, Chief

What kind of amateurish mistake is this one?
Isn't this something you should know beforehand??


Mtcheeeww

BuyAndSellStuff:
What kind of amateurish mistake is this one?
Isn't this something you should know beforehand??


Mtcheeeww

the economy and buying power of majority of Nigerian is decreasing. People are after what they will eat or drink.

fineboynl:
the economy and buying power of majority of Nigerian is decreasing. People are after what they will eat or drink.

That's why you don't know you should work close to home or vice versa??

That's something you don't even learn in school, just common sense.

BuyAndSellStuff:


That's why you don't know you should work close to home or vice versa??

That's something you don't even learn in school, just common sense.

that's not it. The plan if when the business sees light. I relocate close to it. You can just open a business in n your location because of transport. But where it will work first then you can relocate.

fineboynl:
The mistake I made was too costly.

I rented a shop to open a business and I never take the location from my house to the place into consideration.

I spend more than 2k alone for transport and feeding alone. I never check other daily logistics.

Every month I pay light bills, security bills and all others.

And the said part nothing is happening in that place. The rent is so big and I regrets every moment of it all as I was warned early not to go there. My account has been deplated. I thought it was God purpose and God can bless person anywhere as the shop came at the time the money was there. But right now everything is now so clear for me to see. Some people have abandon there shops.

I need help as I am bleeding. I am spending daily without getting Anything. Debt on my head.

Where is the location of the shop, and what are you selling?

fineboynl:
The mistake I made was too costly.

I rented a shop to open a business and I never take the location from my house to the place into consideration.

I spend more than 2k alone for transport and feeding alone. I never check other daily logistics.

Every month I pay light bills, security bills and all others.

And the said part nothing is happening in that place. The rent is so big and I regrets every moment of it all as I was warned early not to go there. My account has been deplated. I thought it was God purpose and God can bless person anywhere as the shop came at the time the money was there. But right now everything is now so clear for me to see. Some people have abandon there shops.

I need help as I am bleeding. I am spending daily without getting Anything. Debt on my head.

This is what is called learning curve

So right now you are at the curve

fineboynl:
The mistake I made was too costly.

I rented a shop to open a business and I never take the location from my house to the place into consideration.

I spend more than 2k alone for transport and feeding alone. I never check other daily logistics.

Every month I pay light bills, security bills, and all others.

[b]And the said part nothing is happening in that place. [/b]The rent is so big and I regrets every moment of it all as I was warned early not to go there. My account has been deplated. I thought it was God purpose and God can bless person anywhere as the shop came at the time the money was there. But right now everything is now so clear for me to see. Some people have abandon there shops.

I need help as I am bleeding. I am spending daily without getting Anything. Debt on my head.

That is why the place of a holistic visibility study is very important before venturing into any business, a lot of things have to be put into consideration before starting a business.
Most successful businesses today had had their challenges at the initial stages before they became successful, so yours shouldn't be an exception. All you need to do is to restrategize and plan again.