| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by semochendo1(m): 9:58am On Jan 03, 2016 |
Interesting.
But you didn't tell us how much you made in Mai Sai and Mai yam business. You only gave us the starting cost. |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by NotNairalandi(m): 9:58am On Jan 03, 2016 |
following...... |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by yusufobinna1(m): 10:00am On Jan 03, 2016 |
Ymodulus:
[size=18pt]Keke Napep Business[/size]
The first Business I did for the year 2015 was the keke Napep Business.
How I got into this Business
I had this conversation with a keke driver who was complaining that day bitterly of how the union seized his bike and collected N2,000 from him. He accepted he was at fault. Later he was caught again. I know the officer who caught him due to my job as a reporter in one of Nigeria's leading newspapers. I knew some force officers as I interviewed them in some case.
Discussion led to discussion and we started discussing about the keke napep business. He told me all there was to it l. I then replied him that I needed a driver he said he can get one for me.
I got the first Keke Napep from someone closed and hired the same man as my driver. How the business goes.
The Keke Business Proper
This business is an interesting one I must confess. However to go into it there are 3 principles which must be settled.
1. Location
2. Method of Remmitance
3. New or second Hand Keke
1. New or second Hand Keke. Which is best ?
I will advice you that if you want to go into the keke Napep business please get second Hand Keke Napeps not New one. Believe me it's best to buy something new good. But getting a good second Hand Keke Napeps is around 110 - 140k and the person will pay you double.
In Lagos you can easily make your money in 2 months 1week ( exact time frame my friend used to get hers back ).
There are good keke Napeps second hands.
Once more go for good second hand and not new ones. Many may decieve you that new are best, yes they are good am not disputing this. But me and you need sharp good fast money then second hand is the way.
2. Method of Remittance
The period of complete returns on a keke depends on two things :
1. the status of the Keke at time of purchase ( I.e New or second hand )
2. Does your driver work on Saturdays and Sundays ? ( Some people set any return from those days mostly Sunday as maintenance money. Some don't )
3. Agreed fee of return by driver.
There are generally two ways of paying a keke Driver.
1. Hire purchase
2. Daily Balance
I believe the two need no explanation just little extra tips.
I will never advice you to give your keke napep based on returns of Daily Balance. It's a No no. So help you whatever you believe in.
In transportation business drivers can be A pain in the house, don't even trust your brother and Lagos for that reason my brother you have to be wary.
Hire purchase is the best. In the North , Higher Purchase is what is mostly done and in the South East mostly daily Balance.
Daily return vary according to
1. Your state or Location
2. Status of Keke Napepe ( new or old )
In Niger , Katsina for example daily returns are N2000 and N3000 respectively for a new keke napep. And for second hand it is based on negotiation. But in Niger it is roughly N1500-1700/1800.
Note all the price can be subject to negotiation. However am giving you standard normal price.
In Lagos it is N4000 - N4500 ( for those plying Computer Village route ).
Note don't let anyone decieve you for the poster know what he his saying.
Now on the amount to return. There are two ways of paying back Hire Purchase.
1. Negotiated ( you and driver agrees that you bought keke marwa for say N400 and he will pay N700 )
2. Standard ( pay x2 the price. Takes place mostly in North and for second hand marwa ).
Note: payment on hire purchase is all based on negotiations.
3. Brand of Keke Napep to Buy
I can only speak for Kaduna, Kano, Kastina and Niger. TVS keke Napep is the best type, the parts are readily available and cheap. Also cost efficient.
4. Import a New Keke or Buy Here in Nigeria
If you have the know how to import, I will advice you import keke Napeps. Keke napeps are produced in India. But you can get from china wholesalers wholesalers.
Keke Napeps spare parts are produced by Chinese and are more cheaper. Most importers import the spare part from china. In fact All keke spare parts are Chinese, Chinese sell the clone cheap better than India.
22Keke Napep will make 1 20ft Container. It cost approximately 98k to bring in on the average per one ( tax and government expenses + custom clearance + cost of getting form m and all).
Note: there are cheaper ways to bring in keke napep far way cheaper than what Nigerian wholesalers sell.
I can show you ways to bring in keke napeps at flat rate of 35k per piece. It's possible. Everything is legal.
The keke business is a sweet business if you know your way and I advice students to run this type of business.
Below is a second hand keke Napep I got some time back.
www.nairaland.com/attachments/2856999_img20150914160740_jpegbe925ea15476351e01868bfe12064ff1
5. Cost of New Keke Napep
1. TVS ( N420,000 ) ** I imported this myself 11pcs but I got it way cheaper and sold back at N375k there around . if you know custom you know your way **
2. Michindra (435,000) as at Last Month November
Note! The above price is obtainable in Niger, Kaduna Kano wholesalers.
In Lagos, TVS is now 440K, Azubike Tricycles ( he sight dollar rate as reason for hike.)
5. Cost of Second Hand Keke Napep
You can get good grade 1 brand at N140,000 or N150,000.
But the general rate is N110-150,000 ( For good ones in good conditions ).
Thanks
Ymodulus
please ymodulus,please kindly help me with your email so we can talk privately,cos my father is into this business already but I want to help him go into importing directly.thanks very much.And m also thinking of quitting my job as a contact staff in one of the banks.I will appreciate your response.waiting for your reply |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by modath(f): 10:00am On Jan 03, 2016 |
Ymodulus ,
Learnt a thing or two which I'm 100% sure gonna apply but the part where you quoted for something & supplied something else is not cool .... I'm getting that one can't be truly successful/contented without cutting corners!
This is not about faith or religious grandstanding but it Doesn't speak well..My 2k... 16 Likes 3 Shares |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 10:08am On Jan 03, 2016 |
You actually remind me of me when I was your age.keep your head up,you'll do well in life.I wish my folks are like you. 1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by madenigga(m): 10:09am On Jan 03, 2016 |
Ymodulus:
List of Business
1. Mai Shayi Business ( Indomie Joint )
2. Mai Koko / Kosai
Koko (hausa )
Akamu (Yoruba )
Pap (English )
Kosai ( Hausa )
Akara ( Yoruba )
Beans cake ( English
3. Importation contract Business ( Political contracts - my experience )
4. Yam Business
5. Keke Napep Business
6. Transport Business
7. Currency Business
8. Questions and Answers Yorubas dont use akamu its the igbos. the term yorubas use is ogi take note. 7 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Awoofawo(m): 10:12am On Jan 03, 2016 |
51 Likes 9 Shares |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 10:13am On Jan 03, 2016 |
yusufobinna1:
please ymodulus,please kindly help me with your email so we can talk privately,cos my father is into this business already but I want to help him go into importing directly.thanks very much.And m also thinking of quitting my job as a contact staff in one of the banks.I will appreciate your response.waiting for your reply
My friend pls do not quit your job just by reading success story o,remember this entrepreneurs are born,not made.everyone can't be entrepreneur o. 18 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 10:15am On Jan 03, 2016 |
Now I know what to do with my savings  1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by ramalot(m): 10:15am On Jan 03, 2016 |
Antoinne:
I admire your business ideas, but I honestly didn't like this. I'd like to get in touch with you though to discuss. It is so sad how cheating, corruption, zero integrity and general non-accountability is part of the Nigerian DNA. Simultaneously most religious country and most corrupt (even at individual level) is a funny paradox. 6 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by francizy(m): 10:19am On Jan 03, 2016 |
1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 10:20am On Jan 03, 2016 |
Nice thread. But what is the best way of sourcing good fairly used Keke? 1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by dammytosh: 10:21am On Jan 03, 2016 |
nice one.
Maximum Respect. |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by yusufobinna1(m): 10:23am On Jan 03, 2016 |
euromilion:
My friend pls do not quit your job just by reading success story o,remember this entrepreneurs are born,not made.everyone can't be entrepreneur o. I understand u,but just wish to help my dad in his line of business. 1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by gunners160(m): 10:24am On Jan 03, 2016 |
Are you a role model?yes,are you really making me glued and aback right now?yes,are you really making me belief their is hope for Nigerian youths,yes.I have been in Niger state all this years and I always thought that their is nothing special about the place.You just proved me wrong. You thread just made me to realise that in any environment,their are oppurtunities..Ymodulus,please can I send you a follow up. 4 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by madenigga(m): 10:29am On Jan 03, 2016 |
euromilion:
My friend pls do not quit your job just by reading success story o,remember this entrepreneurs are born,not made.everyone can't be entrepreneur o. lol 2 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by yusufobinna1(m): 10:31am On Jan 03, 2016 |
euromilion:
You actually remind me of me when I was your age.keep your head up,you'll do well in life.I wish my folks are like you. @ euromilion I love your spirit,just that things are so hard in d country and d best way to survive is to be self employed I.e when u float ur business there is more to it than to work under anoda person for life without achieving. I hve always wanted to be my own boss from my university days but u must work for others b4 u can work 4 urself,the main problem is capital issue there r many bis to run. 2 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 10:35am On Jan 03, 2016 |
Ymodulus:
Last year, 2015 , is a year I won't forget too soon. It's one I in which I took the bold step to leave the importation business into other areas.
I would have loved to share my experience in full ( I.e 1 business per thread ), but won't be doing so as am getting lazy.
However I have decided to give a brief straight to the point summary of all Businesses I ran last year, my strong points and weak points.
I will try my best to ensure, each summary can be of help those intending to go into this business.
OK. Now let's go I like your kind of person can I have ur contact I would love to learn a thing or twO frm u sir... My email is classiharuna@gmail.com watsapp 08142127187. |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by laykhorn(m): 10:45am On Jan 03, 2016 |
I have been clueless on a couple of things for sometime now. Ymodulus, I'll need you to mentor me while I start something and climb the ladder too.
You mind if I PM you so we can talk better on Whatsapp. 2 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Ymodulus: 10:45am On Jan 03, 2016 |
madenigga:
Yorubas dont use akamu its the igbos.
the term yorubas use is ogi take note. Lol. Thanks. Correction noted. modath:
Ymodulus ,
Learnt a thing or two which I'm 100% sure gonna apply but the part where you quoted for something & supplied something else is not cool .... I'm getting that one can't be truly successful/contented without cutting corners!
This is not about faith or religious grandstanding but it Doesn't speak well..My 2k... Yes I get you. I don't cut corners in personal job. But when it comes to any political job. You have to play to the tune of your superiors. Also most items won't be crosschecked. They just pay. My supervisor special assistant to the aspirant then, wasn't helping matters. He encouraged it. However I was wrong and will accept I was wrong. It's wrong to cut corners. Thanks Modath yusufobinna1:
please ymodulus,please kindly help me with your email so we can talk privately,cos my father is into this business already but I want to help him go into importing directly.thanks very much.And m also thinking of quitting my job as a contact staff in one of the banks.I will appreciate your response.waiting for your reply
Depends on your salary. Don't just resign with nothing solid to do to get constant income. If you have at least 3 stable income means. Then you can resign. 25 Likes 4 Shares |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by lymelyte(m): 10:55am On Jan 03, 2016 |
I am highly interested in the keke napep biz.. Ymodulus, we need to talk 1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by ttteejazz(m): 10:58am On Jan 03, 2016 |
Nice write up,hav really learn a lot dis morning. God bless u. 2016 is going 2 b a better year 3 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by babyfaceafrica: 11:03am On Jan 03, 2016 |
madenigga:
Yorubas dont use akamu its the igbos.
the term yorubas use is ogi take note. he is not totally wrong,when I served in one of the SW states,they used akamu freely....I guess its dialectical 4 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Ymodulus: 11:06am On Jan 03, 2016 |
Sincere9gerian:
Nice thread. But what is the best way of sourcing good fairly used Keke? Meet the mechanics.I have a mechanic friend an elderly man. He knows I can settle him. He tells me the when a good keke is available for sale. Before we lost the election I introduced him to some officials and note he repairs their vehicles. I know we all have class, and would like to keep our respect. It also pays to mix up with them once in a time. If you stay in Kano , Niger. I can give you his contact 8 Likes 1 Share |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by fernandoc(m): 11:11am On Jan 03, 2016 |
Guy I envy you. You are great. 2 Likes 1 Share |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by hungryboy(m): 11:13am On Jan 03, 2016 |
Chief Ymodulus
My oga
My chairman
Young Money,
Na your boy hungryboy dey yarn so,
Abeg in case you get any money were u no wan use again,
I dey here oh,
I dey accept bitcoin, perfect money and paypal too 6 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by damola1: 11:14am On Jan 03, 2016 |
hungryboy:
Chief Ymodulus
My oga
My chairman
Young Money,
Na your boy hungryboy dey yarn so,
Abeg in case you get any money were u no wan use again,
I dey here oh,
I dey accept bitcoin, perfect money and paypal too
8 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by 4nobody4every1: 11:15am On Jan 03, 2016 |
very inspiring  1 Like |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by dayosaurus(m): 11:20am On Jan 03, 2016 |
Ymodulus:
Meet the mechanics.
I have a mechanic friend an elderly man. He knows I can settle him. He tells me the when a good keke is available for sale.
Before we lost the election I introduced him to some officials and note he repairs their vehicles.
I know we all have class, and would like to keep our respect. It also pays to mix up with them once in a time.
If you stay in Kano , Niger. I can give you his contact Oga e remain currency business 2 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by Nobody: 11:21am On Jan 03, 2016 |
Ymodulus:
List of Business
1. Mai Shayi Business ( Indomie Joint )
2. Mai Koko / Kosai
Koko (hausa )
Akamu (Yoruba )
Pap (English )
Kosai ( Hausa )
Akara ( Yoruba )
Beans cake ( English
3. Importation contract Business ( Political contracts - my experience )
4. Yam Business
5. Keke Napep Business
6. Transport Business
7. Currency Business
8. Questions and Answers I want to hear about the currency business |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by madenigga(m): 11:28am On Jan 03, 2016 |
babyfaceafrica:
he is not totally wrong,when I served in one of the SW states,they used akamu freely....I guess its dialectical maybe the area has plenty igbo inhabitants or the people selling are either igbos or related. 3 Likes |
| Re: Brief Summary Of All My Business Encounters Last Year - I Take A Bow by millionboi(m): 11:32am On Jan 03, 2016 |
Ymodulus:
[size=18pt]Keke Napep Business[/size]
The first Business I did for the year 2015 was the keke Napep Business.
How I got into this Business
I had this conversation with a keke driver who was complaining that day bitterly of how the union seized his bike and collected N2,000 from him. He accepted he was at fault. Later he was caught again. I know the officer who caught him due to my job as a reporter in one of Nigeria's leading newspapers. I knew some force officers as I interviewed them in some case.
Discussion led to discussion and we started discussing about the keke napep business. He told me all there was to it l. I then replied him that I needed a driver he said he can get one for me.
I got the first Keke Napep from someone closed and hired the same man as my driver. How the business goes.
The Keke Business Proper
This business is an interesting one I must confess. However to go into it there are 3 principles which must be settled.
1. Location
2. Method of Remmitance
3. New or second Hand Keke
1. New or second Hand Keke. Which is best ?
I will advice you that if you want to go into the keke Napep business please get second Hand Keke Napeps not New one. Believe me it's best to buy something new good. But getting a good second Hand Keke Napeps is around 110 - 140k and the person will pay you double.
In Lagos you can easily make your money in 2 months 1week ( exact time frame my friend used to get hers back ).
There are good keke Napeps second hands.
Once more go for good second hand and not new ones. Many may decieve you that new are best, yes they are good am not disputing this. But me and you need sharp good fast money then second hand is the way.
2. Method of Remittance
The period of complete returns on a keke depends on two things :
1. the status of the Keke at time of purchase ( I.e New or second hand )
2. Does your driver work on Saturdays and Sundays ? ( Some people set any return from those days mostly Sunday as maintenance money. Some don't )
3. Agreed fee of return by driver.
There are generally two ways of paying a keke Driver.
1. Hire purchase
2. Daily Balance
I believe the two need no explanation just little extra tips.
I will never advice you to give your keke napep based on returns of Daily Balance. It's a No no. So help you whatever you believe in.
In transportation business drivers can be A pain in the house, don't even trust your brother and Lagos for that reason my brother you have to be wary.
Hire purchase is the best. In the North , Higher Purchase is what is mostly done and in the South East mostly daily Balance.
Daily return vary according to
1. Your state or Location
2. Status of Keke Napepe ( new or old )
In Niger , Katsina for example daily returns are N2000 and N3000 respectively for a new keke napep. And for second hand it is based on negotiation. But in Niger it is roughly N1500-1700/1800.
Note all the price can be subject to negotiation. However am giving you standard normal price.
In Lagos it is N4000 - N4500 ( for those plying Computer Village route ).
Note don't let anyone decieve you for the poster know what he his saying.
Now on the amount to return. There are two ways of paying back Hire Purchase.
1. Negotiated ( you and driver agrees that you bought keke marwa for say N400 and he will pay N700 )
2. Standard ( pay x2 the price. Takes place mostly in North and for second hand marwa ).
Note: payment on hire purchase is all based on negotiations.
3. Brand of Keke Napep to Buy
I can only speak for Kaduna, Kano, Kastina and Niger. TVS keke Napep is the best type, the parts are readily available and cheap. Also cost efficient.
4. Import a New Keke or Buy Here in Nigeria
If you have the know how to import, I will advice you import keke Napeps. Keke napeps are produced in India. But you can get from china wholesalers wholesalers.
Keke Napeps spare parts are produced by Chinese and are more cheaper. Most importers import the spare part from china. In fact All keke spare parts are Chinese, Chinese sell the clone cheap better than India.
22Keke Napep will make 1 20ft Container. It cost approximately 98k to bring in on the average per one ( tax and government expenses + custom clearance + cost of getting form m and all).
Note: there are cheaper ways to bring in keke napep far way cheaper than what Nigerian wholesalers sell.
I can show you ways to bring in keke napeps at flat rate of 35k per piece. It's possible. Everything is legal.
The keke business is a sweet business if you know your way and I advice students to run this type of business.
Below is a second hand keke Napep I got some time back.
www.nairaland.com/attachments/2856999_img20150914160740_jpegbe925ea15476351e01868bfe12064ff1
5. Cost of New Keke Napep
1. TVS ( N420,000 ) ** I imported this myself 11pcs but I got it way cheaper and sold back at N375k there around . if you know custom you know your way **
2. Michindra (435,000) as at Last Month November
Note! The above price is obtainable in Niger, Kaduna Kano wholesalers.
In Lagos, TVS is now 440K, Azubike Tricycles ( he sight dollar rate as reason for hike.)
5. Cost of Second Hand Keke Napep
You can get good grade 1 brand at N140,000 or N150,000.
But the general rate is N110-150,000 ( For good ones in good conditions ).
Thanks
Ymodulus
pls hw to get d 35k keke 1 Like 1 Share |
