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What Am I Doing Wrong / Mike Adenuga: "How I Started My Business Empire By Selling Car Stereos In 1974" / ”I Started My Business With N5,000, I Now Have 5 Bedroom Mansion In Lagos"- Lady (2) (3) (4)

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by payaseriy: 9:12pm On Mar 25
Re: ‎ by budaatum: 9:22pm On Mar 25
payaseriy:


I looked around and discovered Charging Center was lucrative in the environment and they had only one person running the business. I decided to go into this. I paid for land on rent and started a building there,I was told the wooden building won't take more than 200K but it took over 600K.

What you did, or didn't do, was sufficient research than "looked around".

Basically, you had limited or no knowledge at all than "Charging Center was lucrative in the environment", and no knowledge at all about how to make Charging Center lucrative.

Basically, you bá ẹ̀fọn labata and thought omi lo mu yó, and are now finding there might be more to it than the common sense you thought.
Re: ‎ by Balablue64: 9:22pm On Mar 25
So many red flags, you sound like an amateur and a learner trying your luck in a high risk business like phone charging, definitely you will learn and are learning the hard way.
Before you venture into a business study about that business properly from someone who's already into it, what experience or information did you gather that qualifies you to run that business?
Why would you be using a faulty gen to charge people's phones, if you go blow person iPhone you go Pay.
Also you employed a smoker to be running your business, a smoker to be handling people's phones.
And lastly, you went to go and employ your ex girlfriend in your business, you are definitely planning to fail and you have failed, truth be told u know nothing about the business before venturing now money has been wasted.
My Advice = close down the shop go and learn work from someone who has a charging shop so that you can grasp the secrets of the trade, at least 3 - 6 months apprenticeship before reopening your shop.

1 Like

Re: ‎ by ZaRuleOfLaw: 9:32pm On Mar 25
payaseriy:

PS: the charging center was well built with big plasma and multiple fans plus few modern facilities.

The business is draining my common sense at the moment
In your country, people use juju to do even POS business and pop corn business. Get a prophet/spiritualist to clean the business environment asap. If your competitors can afford it, dem go even kill you join.

You can still choose to be ignorant. It's bliss
Re: ‎ by payaseriy: 9:39pm On Mar 25
ZaRuleOfLaw:

In your country, people use juju to do even POS business and pop corn business. Get a prophet/spiritualist to clean the business environment asap. If your competitors can afford it, dem go even kill you join.

You can still choose to be ignorant. It's bliss
bro the desperation got to that point aswear. So many people advised me about this too and I decided to take a shot, I took d shot, spent money nd eventually backed out. I am an orphan with no living relative and God has been kind to me... the fear of taking another path scares me.
Re: ‎ by Knetpro(m): 9:41pm On Mar 25
payaseriy:
I was a work-at-home guy and because of the pressure of people that I was doing yahoo and seem irresponsible, I decided to open a shop.

I looked around and discovered Charging Center was lucrative in the environment and they had only one person running the business. I decided to go into this. I paid for land on rent and started a building there,I was told the wooden building won't take more than 200K but it took over 600K.

After the building, the other guy charging came in and stood there like he was angry, although he didn't say anything, still I observed he was seeing me as a threat.

After I launch the business, it went well the first day and second day. The third day i employed one of my old boy to work there.

Problems started when over 30 chargers got burnt at once and my extension started spoiling.Ever since I started that business, I have been spending money everyday to keep it moving. Almost everyday I repair my generator, bulbs and one issue to another.

I spend on the shop without even making a dime as profit from it. I was just spending money continously.

I decided to drop my boy because he was expensive to me. Paying him monthly plus over 1200 everyday for food, food break, smoking break.

I invited my ex girlfriend to help me run the business. She came the first day and that evening she told me her father wanted her to stop, which I saw as an excuse. Nonetheless I decided to close it down.

In less than a month, I spent over 2million for a charging center and made nothing from it.


PS: the charging center was well built with big plasma and multiple fans plus few modern facilities.

The business is draining my common sense at the moment


PSS: I am a very gentle giver and I have given to so many people in area being a new person there (about 2yrs). But when I started the business, non of those that benefited from me even came. They would pass my store to the other shop. It so painful how I helped so many people coming to me for money for free and now they don't even patronise me.

One of such was a single mother that always like asking me for money and I would give her almost all times. Well, it painful. Another was a girl I was ploughing and she would ask me to send her money every here and there, turned out she was going elsewhere to charge.

So many similar situations...

I'm sorry to hear about your loss.

You asked "what am I doing wrong in my business?"

But, since you say you have closed down your shop, whatever advice I give you now will not matter.

However, in case of next time...

Here is what I will tell you.

Be very reluctant to go into any business that involves you operating it with a generator and buying fuel at over 700 naira per liter.

Second, rather than go into a business that requires your physical presence...

Why not try an online business?

There are so many online-based businesses that you can start with less than 100k and you will start making money immediately.

You can check out the one in my signature line below.
Re: ‎ by Righteousness2(m): 9:43pm On Mar 25
From your Epistle, you look to me like a young man with a great star, full of life but totally spirtually Empty and blind.

You dont need to leave that business. You will likely Encounter similar stuffs.
You business was spirtually manipulated.
What you need to now is to Encounter GOD ALMIGHTY.

Listen to me and do what I say.
Leave whatever you are doing this coming Weekend.
Prepare yourself! Find your way to the LORD'S CHOSEN CHARISMATIC REVIVAL MINISTRIES HEADQUATERS IN LAGOS.
CHOSEN ESTATE AT APAPA-OSHODI EXPRESSWAY BY IJESHA BUSTOP.

This coming Weekend, Saturday and Sunday 30th and 31st of March is a Program , GOD'S COVENANT OF PEACE AND BLESSINGS.


Get yourself to the Chosen . Attend the program fully and meet with JESUS Christ . On monday after the Program, Resume your Business.

Re: ‎ by payaseriy: 9:45pm On Mar 25
Knetpro:


I'm sorry to hear about your loss.

You asked "what am I doing wrong in my business?"

But, since you say you have closed down your shop, whatever advice I give you now will not matter.

However, in case of next time...

Here is what I will tell you.

Be very reluctant to go into any business that involves you operating it with a generator and buying fuel at over 700 naira per liter.

Second, rather than go into a business that requires your physical presence...

Why not try an online business?

There are so many online-based businesses that you can start with less than 100k and you will start making money immediately.

You can check out the one in my signature line below.
u didn't see where I wrote that I worked from home(online) ?
Re: ‎ by payaseriy: 9:46pm On Mar 25
Righteousness2:
From your Epistle, you look to me like a young man with a great star, full of life but totally spirtually blind.

I have heard that star talk more than 100 times from many pastors and imams... it doesn't add up to my life. Am I the one not understanding the star ?
Re: ‎ by budaatum: 9:47pm On Mar 25
payaseriy:
bro the desperation got to that point aswear. So many people advised me about this too and I decided to take a shot, I took d shot, spent money nd eventually backed out. I am an orphan with no living relative and God has been kind to me... the fear of taking another path scares me.

You took a shot to go down the juju root instead of learning how business is done?

Guess this is not going to be your first failed business then, until you learn what works.

Hint! Musk, Gates, Cook, Bezos did not use juju.

2 Likes

Re: ‎ by ZaRuleOfLaw: 9:58pm On Mar 25
payaseriy:
bro the desperation got to that point aswear. So many people advised me about this too and I decided to take a shot, I took d shot, spent money nd eventually backed out. I am an orphan with no living relative and God has been kind to me... the fear of taking another path scares me.
That's true. Some places we visit for spiritual help will add more problems for us. I will suggest you try mountain of fire. They don't charge anything but you might be asked to fast for 3days without food. You're at war whether you like it or not
Re: ‎ by Knetpro(m): 10:05pm On Mar 25
payaseriy:
u didn't see where I wrote that I worked from home(online) ?

Ok. Noted.
Re: ‎ by Templee333(m): 10:41pm On Mar 25
In my own world, people go to church because they love God, but now-a-days people are invited to church so that their business will flourish. I thought the partor's work was to show people the way of righteousness not the way of money. To the op, not everybody were made for charging business, if it doesn't favour you look for the one you are good at. Do what you are good at and leave others to do their own.
Re: ‎ by stacyadams: 10:54pm On Mar 25
payaseriy:
I was a work-at-home guy and because of the pressure of people that I was doing yahoo and seem irresponsible, I decided to open a shop.

I looked around and discovered Charging Center was lucrative in the environment and they had only one person running the business. I decided to go into this. I paid for land on rent and started a building there,I was told the wooden building won't take more than 200K but it took over 600K.

After the building, the other guy charging came in and stood there like he was angry, although he didn't say anything, still I observed he was seeing me as a threat.

After I launch the business, it went well the first day and second day. The third day i employed one of my old boy to work there.

Problems started when over 30 chargers got burnt at once and my extension started spoiling.Ever since I started that business, I have been spending money everyday to keep it moving. Almost everyday I repair my generator, bulbs and one issue to another.

I spend on the shop without even making a dime as profit from it. I was just spending money continously.

I decided to drop my boy because he was expensive to me. Paying him monthly plus over 1200 everyday for food, food break, smoking break.

I invited my ex girlfriend to help me run the business. She came the first day and that evening she told me her father wanted her to stop, which I saw as an excuse. Nonetheless I decided to close it down.

In less than a month, I spent over 2million for a charging center and made nothing from it.


PS: the charging center was well built with big plasma and multiple fans plus few modern facilities.

The business is draining my common sense at the moment


PSS: I am a very gentle giver and I have given to so many people in area being a new person there (about 2yrs). But when I started the business, non of those that benefited from me even came. They would pass my store to the other shop. It so painful how I helped so many people coming to me for money for free and now they don't even patronise me.

One of such was a single mother that always like asking me for money and I would give her almost all times. Well, it painful. Another was a girl I was ploughing and she would ask me to send her money every here and there, turned out she was going elsewhere to charge.

So many similar situations...


If people think ur a yahoo boy..why do u care?? grin these days me no send any body grin

As for the business..maybe u should try something else ..the biz dey move for area wey no too get light or prepaid meters..try dey near bustop wey get okada riders,or keke drivers

1 Like

Re: ‎ by haggai247: 6:46am On Mar 26
Focus on your strength
"big red flag what people think" abi na Yahoo you dry do truly.
People will talk just focus on what you can do comfortably offline business is not for everyone.
See them dey even use religion dey wash your brain.
Money or prosperity has nothing to do with religion.
There are rich and poor pornstars so also there are rich and poor pastors.
You hang around people who you shouldn't hang around with.
Re: ‎ by HIGHESTPOPORI(m): 5:23pm On Mar 27
payaseriy:
I was a work-at-home guy and because of the pressure of people that I was doing yahoo and seem irresponsible, I decided to open a shop.

I looked around and discovered Charging Center was lucrative in the environment and they had only one person running the business. I decided to go into this. I paid for land on rent and started a building there,I was told the wooden building won't take more than 200K but it took over 600K.

After the building, the other guy charging came in and stood there like he was angry, although he didn't say anything, still I observed he was seeing me as a threat.

After I launch the business, it went well the first day and second day. The third day i employed one of my old boy to work there.

Problems started when over 30 chargers got burnt at once and my extension started spoiling.Ever since I started that business, I have been spending money everyday to keep it moving. Almost everyday I repair my generator, bulbs and one issue to another.

I spend on the shop without even making a dime as profit from it. I was just spending money continously.

I decided to drop my boy because he was expensive to me. Paying him monthly plus over 1200 everyday for food, food break, smoking break.

I invited my ex girlfriend to help me run the business. She came the first day and that evening she told me her father wanted her to stop, which I saw as an excuse. Nonetheless I decided to close it down.

In less than a month, I spent over 2million for a charging center and made nothing from it.


PS: the charging center was well built with big plasma and multiple fans plus few modern facilities.

The business is draining my common sense at the moment


PSS: I am a very gentle giver and I have given to so many people in area being a new person there (about 2yrs). But when I started the business, non of those that benefited from me even came. They would pass my store to the other shop. It so painful how I helped so many people coming to me for money for free and now they don't even patronise me.

One of such was a single mother that always like asking me for money and I would give her almost all times. Well, it painful. Another was a girl I was ploughing and she would ask me to send her money every here and there, turned out she was going elsewhere to charge.

So many similar situations...
How much were you charging per phone?
Re: ‎ by payaseriy: 6:18pm On Mar 27
HIGHESTPOPORI:
How much were you charging per phone?
100 naira
Re: ‎ by HIGHESTPOPORI(m): 6:22pm On Mar 27
payaseriy:
100 naira
This place is 200 per phone,except you are using inverter
Re: ‎ by Trippledots(m): 11:27pm On Jun 10
I thought I would find pragmatic solutions in the comments section.... disappointed
Re: ‎ by Mason9: 5:07pm On Jun 28
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