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I Started My Business With N600k. Here's the story. - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / I Started My Business With N600k. Here's the story. (43737 Views)

Under 35 CEOs: I Started My Real Estate Company in the University - Arnold / What Business Can I Set Up With N600k? / ”I Started My Business With N5,000, I Now Have 5 Bedroom Mansion In Lagos"- Lady (2) (3) (4)

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Re: I Started My Business With N600k. Here's the story. by JoyousFurnitire(m): 6:51pm On May 11, 2022
PlaysNigeria:


You got balls man, big ones.
I can't imagine, you without prior experience travel to buy goods worth 370k, without a shop yet? Meaning no secured point of sales yet??
Those are big hairy balls, i for like make you cut small for me, but

Grow yours undecided

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by asamfem(m): 6:53pm On May 11, 2022
chatinent:
It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.




Congratulations, May God continue to bless the work of your hands .
Can you help track a lost device?

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by Kunja2: 6:54pm On May 11, 2022
Connected1:
Your story is motivative.

But the part I don't like is you saying you have so much responsibilities ( I know wetin some of us dae face if we see 300k, conscience no go allow you nor drop money when family drop billing) and that you are honest.

No business man is honest bro and you are not from a poor family else to save 600k go hard oh unless you don setup your younger ones but I love your ambitious mindset, it's inspiring.
what are you saying? Did you know how much he might be paid as salary while he was working? Why are you guys always looking for justification to give excuses at your situations and say 'i can't do this cos I don't have a rich family to support me with capital'?

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by africanusvu(m): 7:02pm On May 11, 2022
Congratulations Dear,very hardworking but you are a very poor script writer,u didn't present ur write-up well

2 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by Connected1: 7:06pm On May 11, 2022
Kunja2:
what are you saying? Did you know how much he might be paid as salary while he was working? Why are you guys always looking for justification to give excuses at your situations and say 'i can't do this cos I don't have a rich family to support me with capital'?
We are saying different things.

He might not have a family to support him but he doesn't have much responsibility like he's trying to exaggerate.

It's either he sidelined them or they can fend for themselves and he just have to give them little supports.

I am sure you saw the part where I told him that all business men are not honest, you only took the part that pained you and you started to paint me red.

Most persons didn't suffer as much as they claimed, who went through the process can spot the little lies.

3 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by Jaaqofalltrade(m): 7:09pm On May 11, 2022
I think we need to connect brother. Please drop your digits
Re: I Started My Business With N600k. Here's the story. by cue64: 7:16pm On May 11, 2022
600k na very huge money if younknow and mean what you ae doing, nah yahoo and inflation make us think say 600 nor dey go far for business..[/color][color=#006600]

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by chatinent: 7:28pm On May 11, 2022
asamfem:


Congratulations, May God continue to bless the work of your hands .
Can you help track a lost device?

Thanks.

Yeah, I track phones for a living.
Re: I Started My Business With N600k. Here's the story. by chatinent: 7:28pm On May 11, 2022
Archworld:


When did you start ? And I thought Nigeria close border against Togo ?

2013.


We use air cargo.

1 Like

Re: I Started My Business With N600k. Here's the story. by chatinent: 7:29pm On May 11, 2022
Kunja2:
how much do you buy per bale? What are the quantity in a bale? And do you reside in Lagos or out of Lagos?

How much I buy or how much I sell?

I'm not in Lagos. I have shops in Abia and Imo, and then Togo.
Re: I Started My Business With N600k. Here's the story. by donproject2(m): 7:37pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.



Can you show way to Togo if someone asks you? Why Togo?
Re: I Started My Business With N600k. Here's the story. by chatinent: 7:49pm On May 11, 2022
Myexdisturbs:

Your location

Imo, Abia, Togo.
Re: I Started My Business With N600k. Here's the story. by chatinent: 7:49pm On May 11, 2022
Myexdisturbs:

Where is your location Op, I need some OK shoe.


Imo, Abia, Togo
Re: I Started My Business With N600k. Here's the story. by Bbbw: 7:50pm On May 11, 2022
Ok
Re: I Started My Business With N600k. Here's the story. by chatinent: 7:50pm On May 11, 2022
donproject2:


Can you show way to Togo if someone asks you? Why Togo?

Yes, I can.

Why Togo? That's why you meet the business in large quantities.
Re: I Started My Business With N600k. Here's the story. by HltSong: 8:04pm On May 11, 2022
U try op.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by Nobody: 8:05pm On May 11, 2022
chatinent:


The story no mean say I don make am sha. I'm just clearing some stereotypes that any amount of money is small for business. As per say I don't support yahoo yahoo, I'm not hustling to be big, bro. I'm hustling to be able to afford my needs without having to affect others.



Some pictures of the quality I sell. Although it's per bale .


Post: https://www.chatinent.com/2022/05/i-started-my-business-with-n600k-heres.html?m=1
With the way ur going and what u have inside of u bro accept it or not u will be big.. Its only natural. I wish u the best man. And keep doing good

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by placeofallure(f): 8:08pm On May 11, 2022
Chatinent, thank you for sharing your story with us. It's motivational, it's inspiring, it's thought provoking. Beyond what you have been able to do for yourself and family, you have inspired others, several others to action. That in itself is noble. Go on winning!

3 Likes 1 Share

Re: I Started My Business With N600k. Here's the story. by chatinent: 8:13pm On May 11, 2022
killmods:

With the way ur going and what u have inside of u bro accept it or not u will be big.. Its only natural. I wish u the best man. And keep doing good

I bow for you.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by chatinent: 8:14pm On May 11, 2022
placeofallure:
Chatinent, thank you for sharing your story with us. It's motivational, it's inspiring, it's thought provoking. Beyond what you have been able to do for yourself and family, you have inspired others, several others to action. That in itself is noble. Go on winning!

Thanks, chief.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by Myexdisturbs: 8:14pm On May 11, 2022
chatinent:



Imo, Abia, Togo
I'm in portharcourt
Re: I Started My Business With N600k. Here's the story. by Myexdisturbs: 8:14pm On May 11, 2022
chatinent:


Imo, Abia, Togo.
I'm in portharcourt
Re: I Started My Business With N600k. Here's the story. by lereinter(m): 8:17pm On May 11, 2022
V

Vulture dey give advice

No be you Op
Re: I Started My Business With N600k. Here's the story. by sweetflame(m): 8:18pm On May 11, 2022
Anyway to talk with you more please?
Re: I Started My Business With N600k. Here's the story. by chatinent: 8:19pm On May 11, 2022
Myexdisturbs:

I'm in portharcourt

It's close. We can waybill for you or you can come over.
Re: I Started My Business With N600k. Here's the story. by nams77: 8:22pm On May 11, 2022
chatinent:


The story no mean say I don make am sha. I'm just clearing some stereotypes that any amount of money is small for business. As per say I don't support yahoo yahoo, I'm not hustling to be big, bro. I'm hustling to be able to afford my needs without having to affect others.



Some pictures of the quality I sell. Although it's per bale .


Post: https://www.chatinent.com/2022/05/i-started-my-business-with-n600k-heres.html?m=1

I started fit far more less. I started with less than 20k sef.

Maybe I will share the story

Nice one chatinent

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by Paramount01(m): 8:22pm On May 11, 2022
generalwo:
What about us wen no get 600k but we have 600k responsibilities hanging over our shoulders every month, all depending on our 5 figures salary?? What do we do... How do we cope?? Advise please!!

What 600k can't handle 500k will likewise not handle it

Why not discipline yourself so that u can save 100k from that 600k since the 600k can also not handle what u want, then invest with what u save
Re: I Started My Business With N600k. Here's the story. by everythinggirly(f): 8:26pm On May 11, 2022
Nice one! More grace sir.

1 Like 1 Share

Re: I Started My Business With N600k. Here's the story. by timsucess(m): 8:27pm On May 11, 2022
chatinent:
After school, I worked a while. I was this hardworking chap who wouldn't like any errors or queries attached to my name at work for any reasons. I came very early, did my duties in time, and due to my religious obligations as one of Jehovah's Witness, I was honest in all my dealings.

The job itself was a leopard’s tree. Since it was a private business, and the manager a very greedy man who loots the chief oga at whim, trust me, your honesty is a turn-off.

The work was becoming unbecoming and I couldn't continue wasting my life for a 7-5 job. It wasn't like the salary befitted the workload!

I had to quit!

I also had one small car I bought when I no dey think of anything. I sold it and used part of it to buy a land like that. I had saved some N800k already. So I paid my rent with N200k.
So here's what I did:

I thought of a business that'll likely yield profit immediately, and around my budget. I had been to Togo and remembered how selling First Grade OK shoes was the new gold for students and people who wanted a side hustle.

I travelled down there then and returned with 100 pairs of OK shoes. As at then, I bought it for N370k.

N370k + logistics rounded the money up to N400k.

Now, I put the goods in one room in my apartment and the chase for a shop began. Since I couldn't afford those ones of N1m that where located at the heart of the business in my location, I opted for an affordable one.

In fact, everything for the rent was some 180k.

Omo, looking for a shop no bi beans.

I did the painting and decor, carpentry (learnt in school), and electricals (learnt in school).

Materials I bought was some N15k. I was left with N5k or less.


Breakthrough
As I cleaned and sampled my petty goods, some customers were already purchasing. Mehn, after the whole stress that day, I made N30k.

In fact, it was then I said I wouldn't work for anyone and be answering “sir” upandan. I'm quite hardworking and in a short time, from retailing...I began ordering in tonnes and have a warehouse.


It has been easy as it is written here but I have seen people ask if N600k can make any profit. Yes, it can. I also do some side hustles like research writing, proofreading, hardware repairs on PC and tracking of lost devices, computer consultancy, and work as an academic assistant.

So I think it all depends on you! Maybe I have not reached the height I want to reach, just mehn, the way my life every year becomes better than the last no bi beans. As a first son, and to say my nuclear family bi like an extended family, I know I am trying...cos it's not easy at all to carry many people's responsibility as yours.



Bro good evening
Am a jw too
Can you please teach me content writing and proof reading
Re: I Started My Business With N600k. Here's the story. by Myexdisturbs: 8:29pm On May 11, 2022
chatinent:


It's close. We can waybill for you or you can come over.
I can't come to IPOB infested zone. Waybill is better
Re: I Started My Business With N600k. Here's the story. by richmote: 8:35pm On May 11, 2022
chatinent:


The story no mean say I don make am sha. I'm just clearing some stereotypes that any amount of money is small for business. As per say I don't support yahoo yahoo, I'm not hustling to be big, bro. I'm hustling to be able to afford my needs without having to affect others.



Some pictures of the quality I sell. Although it's per bale .


Post: https://www.chatinent.com/2022/05/i-started-my-business-with-n600k-heres.html?m=1
Where are you based
Re: I Started My Business With N600k. Here's the story. by chatinent: 8:40pm On May 11, 2022
Myexdisturbs:

I can't come to IPOB infested zone. Waybill is better

Ok.

You can mail me your WhatsApp contact here: chatinent@gmail.com

I'll send a message.

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