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Nairaland Forum / Nairaland / General / Business / Brief Summary Of All My Business Encounter In 2016. - I Take A Bow (78193 Views)
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Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by sodiq42(m): 4:36pm On Jan 11, 2017 |
Pls you forgot about the mini real estate 1 Like |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by topbod: 4:36pm On Jan 11, 2017 |
fivestarrealty: If you truly can, then you are in business just a matter of selling to the mallam here, or let me keep that to myself but if u can get $1 at the rate then u can simply buy low and sell high...and recycle your fund.....I won't mind if your can show me how to get it at that rate anyway.... 1 Like 1 Share |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by obiageIi(f): 4:39pm On Jan 11, 2017 |
While all these was going on, idiotic so called future leaders where busy spotting Afonj.a and fla.thead 20 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by peeparty(m): 4:40pm On Jan 11, 2017 |
Following.... |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by monlawal(m): 4:41pm On Jan 11, 2017 |
Ymodulus!!! Reading your post I have realized that it is ripe for you to start a business for the future. You have the same line of thinking with Strive Masiyiwa. The only difference is he has built long lasting businesses, you should too. Next time you are in Uyo,Akwa ibom state I would love to meet with you let's discuss some business. 5 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Chigorkizz(m): 4:46pm On Jan 11, 2017 |
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Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by HankzBae(m): 4:47pm On Jan 11, 2017 |
keke driver turn left. turn turn turn. eheh maintain this lane. shift small make that motor no ram your side mirror. okay oya comot gear. march break small small. eheh reverse small. oya park here. 14 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Nobody: 4:54pm On Jan 11, 2017 |
Ymodulus: An impressive write-up and I read last years write up too. I wish certain sectors of the community can take some of them and make use of it instead of whining about Buhari and the promise of change. I have a simple question though, aren't some of these ForEx activities illegal and counter-productive to the anti-corruption policies of the federation? I may have read the ForEx options wrongly. In any case, I cannot but have respect for your devotion on the tomato business specifically. 9 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by ephi123(f): 4:54pm On Jan 11, 2017 |
@Ymodulus I'm not trying to be moralistic here but for the PTA, taking different client's details to get dollars with the intention of selling off at black market just doesn't sit right. But for all your other income streams, kudos. Takes a brave man to achieve all this. 4 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by salveoP(m): 4:58pm On Jan 11, 2017 |
cybug:Lol...we are in the same shoes. I always hate maself... |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by dkconcept: 4:59pm On Jan 11, 2017 |
The business concept, many employer wont share with you Let’s me introduce myself to you, in order to lets you know am not here to scam anyone rather to break you from Financial hardship, Am here to strictly give information not advert or profile selling, am (Andrew O.K a.k.a engrkunlexy4u, am from Ibadan but base in Aba), I started the business during my service year in Aba, and today the rest is good story to tell. Before I continue to explain, try to answer this question if you can, and also know some facts. 1. The largest selling of textile materials in Nigeria is which state? 2. Electronics container from oversea is entering lagos as Number 1 importer , while Textile,Okirika (Buskoro) is entering which state as Number 1 importer? 3. 70% of the shirts, pants trousers we used in Nigeria, is made from where (you will never know this, if you are not from Onitcha or Aba)? Lets me share these amazing facts with you? 70% of boxers used in Nigeria is made from Aba (anybody with contrary evidence should quote me wrong), shirt they sell and jeans is directly made from Aba. The question is, are they Aba made? Nope and yes, what we called Aba made is simply lack of packaging and that is why someone like I and you is going to invest into all this area. Later, I will still share amazing things about Aba peoples you need to know. Introduction into the business (Boxers) Boxer is made of different materials, we have close to 7 materials, but the common type of materials in making boxer is majorly two in Nigeria today, check this link for the facts: http://dudeundies.com/news/7-mustknow-mens-underwear-fabric- types/ (Cotton and Bed sheets material), lets me explain to you, original Boxers materials is made using Cotton material (Shirt Material) because the texture is of high quality and it does not wash nor change the color after entering water, most packing shirt material we used are made of Cotton materials, it also does not absorb heat and the washing is very simple, you get this type of boxer in supermarket and good store. Lets me share of other the materials with you, called bed sheet material, go and look for a bed sheet material that brings color and remove hair after washing and you will understand what I want to explain, note: we have some bed sheet material that are costly but am sure they will never use that to produce boxer, only a big company use it, Bed sheets material is very cheap to get and most people get their profit from using that in producing boxer, as per say Nigeria like cheap things, Bed sheet materials has less (good) and thick textile texture, this is the type of boxer you wear and 2nd day your yarns and this stuff will begin to ask for fresh air (you get that line), where can I get that? Some fake supermarket store, aboki for road, omo igbo for road side, infact they can sell it for you at 150 to 200, they have already make their profit. It is left for you to choose what you want as a visionary business person. Why you need to do the business Do you know that 50% of ladies now wear boxer? Do you know that 10% of women (our Mother) also wear boxer? Do you also know that 80% of our papas now wear boxer and lastly do you know that 95% of grown up guys have nothing less than 3 boxers in their wardrobe? All this estimate was not so in the year past. Before our own generations wear pants, am still a young guy, our ladies don’t even wear boxers before, our mother don’t try it, while our father only wears pants or none. This facts should make you know that the paradigm of fashion is shifting and its for the best brain that will grab this profitable future opportunity and make it a reality. Another reason why you should do this business is, do you know that most people used to overlook the production of boxer and very few peoples knows how to sew boxer well, ask anybody in the North and western part of the country where they are producing boxer, they will tell you from yanki(abroad) or those guy that don’t have what to do. The marketing strategies I will like to explain from what worked for me during my service year and now I can be proud of it. Then we used to pick it at the rate of 200 naira and packed it into 3 in a good nylon for just 1000, the nylon at times attract peoples, people talk about Aba made, Simple definition of Aba made is what simply lack packaging and lack of well arrangement, though I know some people sew bad material for boxers and still sells. We give out to our fellow friends and also go to nearby store, banks and offices to deliver to them, some get attracted with the nylon and the color packed inside. Also, know that if people love you, even if they have 10 boxers at home, they will still buy from you, mostly, ladies sell faster than we guys you understand better. How do I make my own profit? The profit is very simple; first, ensure you are getting a good material from your supplier, because this will make your business sustainable for long. Imagine you are getting at 200 per one and you are packing it into 3 per 1 as in you pack 3 boxers inside one nylon for just start of 1000, mathematically, you gain 400 on it, which means 100+ on one boxers, may be after expenses of buying nylon and may be you want sticker to the nylon, you later make 100 on each boxer, I believe that is enough for anybody. Secondly, you can target supplying it out to people close to you, I have a guy who always acts as a middlemen for the boxer, he gets it and supply out to his people for sell, he made faster money than we do then. Making your profit depends on how you can think deep on it. Risk attached to this Business I believe there is no business without risk, any business that poses without risk must not be a genuine business. Number one risk is frustration? What do I mean, if you ever buy boxers from an untrusted person, and your customer started condemning your goods, you notice that frustration is the first thing that will come to you, advice, don’t go for anybody you cant trust in supplying you the boxer, and no matter what, never allow your customer to select boxer and that is why we packed it in a nylon, because all colour can never be so attracting, they compensate each other. Secondly, if you fail to establish market or target a market, you may be disappointed that it is easy to establish with mind but execution is a challenge, my advice for you is to talk about it to friends and family even your enemy and lets them comments about it. Lastly, You are the last risk, don’t join because I said its profitable, simply follow your dream and lets be fits into making it before you start, I started with my mind fits in making it, and today, after my NYSC, I stayed back in producing my own boxers and also work as an IT executive for one popular radio station in the city. NOTE: The business is sweet, but if you don’t have right mind of making it, don’t start it. Today, am supplying to different state today simply because I started the business from my mind after gathering all the facts needed and I develop a right attitude towards it. I started producing my own with less than 200, 000 today, though I invested more than that into it now. If you will like me to supply you anywhere you are in the country, I can incur the cost of sending it but it will be (a pack) which is 25 pieces inside a pack nylon at N5,000 for now, I will pack 3 in 1 boxer separately from your 25 pieces as a sample for you, you pay after receiving it, you pay to the person that will give to you or from where you will get it from after bargain on sending it, I will only incur the cost of transporting it for the first time and subsequently you pay for the transportation on your own, all is to clear your doubt about it. :If you have interest on how to make your own boxer with less than 200, 000, just drop your mail on this forum, I will mail you. For any interested fellow. (08180959714, 08121172491) 08038662353 for Whatsapp chat only 10 Likes 1 Share
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Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by ezychris(m): 5:04pm On Jan 11, 2017 |
Inspirational! Motivational!! Exceptional!!! To Ymodulus: Thank you for sharing this with us... You definitely are a blessing to us in this forum. I hope you get to give us more business ideas this year. To my fellow Nairalanders: From what I read, I don't think Boss Ymodulus can reply us all. I was just thinking if we can create a group where our young boss can be the admin and dish out useful info to us and then we take it up from there since Nairaland doesn't allow some stuffs to be explained in to to based on their rules. I'll like to know what like minds think about this idea. Seriously, I was thinking of "entering the streets" this year as nothing dey at all.... But with what I've read so far I think there's still hope for me. 4 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by BlackNigerian: 5:09pm On Jan 11, 2017 |
hello chief. i am in Benin. but ready to to take the next available flight down to abuja to meet with you. i need to discuss. btc with you. please Ymodulus: |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Spidermon: 5:10pm On Jan 11, 2017 |
Until last year when i worked in a cut throat international dealing company did I realize that in Nigeria, there is a lot of money to be made. Capital, connections and Liver. I gat the last, looking for the first Two. Big ups to you Op. 2 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by oshyno(m): 5:11pm On Jan 11, 2017 |
peterjero: could u send me a mail thanks buddy. |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by styrolite(m): 5:12pm On Jan 11, 2017 |
fivestarrealty: I just sent you a message bro! please check your mail box |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by MizTyna(f): 5:14pm On Jan 11, 2017 |
Thanks for this Mr Ymodulus, this is the most sensible thread I've seen on Nairaland. I hope you don't mind sparing a few minutes of your time for a few questions, I know your inbox will be overflowing but I promise not to take so much of your time. |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Sankabson(m): 5:16pm On Jan 11, 2017 |
Once you have the right connect and links, to make it is very then. unless if you're not creative. But i must say, Federal government needs to work on its economic policies. It has more disadvantage than advantage. |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by charlsy(m): 5:21pm On Jan 11, 2017 |
Ymodulus: Hi Ymodulus. You have been tremendous in your business conquest and quite an inspiration for me to keep pushing in my business quest to be an entrepreneur of my own and resign from my place of work. With your input, that would go along way. Have followed your 2015 thread on your business encounters. I need a favour, kindly send me your contact email or phone number so that we can talk more effectively and productively you can contact me via email: charlesudeh90@yahoo.com. Dont want to drop my number here. Thanks much, you are awesome |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by peeparty(m): 5:23pm On Jan 11, 2017 |
This thread just made my year.. but all of this still got to do with capital and connection tho.. (circle) |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Koolking(m): 5:32pm On Jan 11, 2017 |
Ymodulus: The stress in your story is a huge discouragement to venture in this sort of business. Mhen, this business is fraud with grave risk. Riskier than risk itself. Can you imagine, spending the night at the mercy of Fulani herdsmen in an unknown location - bush. Damn! Highway threats of armed robbers to people and vehicle conveying farm produce, boko haram threats in the north/north central and danger-frauded Nigerian borders are gory. I won't take all these risks swimming in shark infested waters. I respect your bravely and tenacity. 5 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by AngelicBeing: 5:39pm On Jan 11, 2017 |
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Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by dsocioemmy(m): 5:41pm On Jan 11, 2017 |
Ymodulus: Bro, goodevening. i just followed you and sent you a private message on Email... please a need your reply so that i can discuss something with you |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by bozz007(m): 5:45pm On Jan 11, 2017 |
Nice one chief ymodulus |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by monerozi5590: 6:02pm On Jan 11, 2017 |
. 1 Like |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Nobody: 6:14pm On Jan 11, 2017 |
charlsy:but the number is already on your signature 1 Like |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by chloride6: 6:16pm On Jan 11, 2017 |
Just typical of Nigerians.... Somebody came with the audacity to tell us that he made a lot of money round triping foreign exchange and you fools are here applauding him. For your information people like ymodulus are the reason a bag if rice is 22000. So when you buy that expensive rice today do not complain you already endorsed it indirectly. Mr ymodulus I do not think you are a genius, rather you are a fraudster and you deserve to be locked up for exhibiting your selfish attitude to the detriment of the Nigerian people. If you think you are not, drop your office address here let me submit a petition to the efcc , let's see moral your entrepreneurial expolits are. This is so heartbreaking, foreign exchange needed for vital things is being cornered to fulfill your insatiable greed. I hope the mods take down this thread, naira land should not be a party to wrong doings. Cc: seun 46 Likes 4 Shares |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by oluplus(m): 6:18pm On Jan 11, 2017 |
am here |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Franky826: 6:25pm On Jan 11, 2017 |
HankzBae: ![]() ![]() ![]() You are here wasting time when the camera is calling you ![]() |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by charlsy(m): 6:28pm On Jan 11, 2017 |
chloride6: Gerrarahere boy. When your done with reporting all government officials to EFCC that have exploited the country, then you can also go ahead and report yourself to EFCC for making an unwarranted and an uncalled for comment. 15 Likes 1 Share |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Eazybay(m): 6:29pm On Jan 11, 2017 |
I came in to check 4 biz ideas/models I could replicate! Got just one tho.. Ymodulus ppl can't really replicate ur biz story cos its shrouded in secrecy! All I see is a wealthy nairalander taking advantage of a failed system to become wealthier.. EOD 27 Likes |
Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Eazybay(m): 6:33pm On Jan 11, 2017 |
chloride6: I gave u d 3rd like! If I had read ur comment I wouldn't av bothered to comment. He even got dollars cheap cos of his "contacts". No wonder na abuja ur office dey. And ppl dey ask 4 e number and am like wtf! Buhari Bleep up shaaaaa 9 Likes 1 Share |
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