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Nairaland Forum / Nairaland / General / Career / I Have This Amazing Business Idea, But Scared To Quit My Job! (23365 Views)
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I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 4:40am On Apr 23, 2017 |
I have this fantastic business idea i've been thinking about for almost 2years but i'm super scared of quitting my job and venture into the business. I actually took the job to save up for the business but along the line my dad advised i buy a land around one higher instutition in my state and build student hostels, so each time i save up to the require amount to set up this business,i develop cold feet and i end up using the money to develop the site. I'm so into this business or let me put it this way: the business is so into me that i could search the internet for 5hrs Straight(mid-night,midday, on the move, in the office,anywhere and everyone- that is the only thing i think about),it got so bad that the only thing i gist my friends about is this biz. Its almost 5am and i'm still wide-awake thinking and writing stuffs down about the biz logistics(its that bad) My fam are a bit skeptical about quitting my job(when good jobs are hard to comeby) and starting a new biz.Also, i think they are just reasoning like a typical african parent by saying 'what if you set up with all you have in lagos and you end up settling down in another state? I can't even think straight because once i clear my account again for my hostel project, i would hv to start saving allover again. The probability that the biz would be a hit is 80%, but IF 'idea hackers' overtake me kpere! temibami niyen! ![]() What should i do pls? ***i can't do both(office job and the business) It won't work 13 Likes 1 Share |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by pressplay411(m): 5:20am On Apr 23, 2017 |
All I hear from you is Passion Passion Passion which is what sells an idea. If you're confident about the success of the idea which I think you are, then the rest would fall in place like Tetris, don't worry, whatever you're making now would actually be like peanuts when your business starts picking up. Of course there'll be initial challenges but that's normal, just ensure to get professional advice from those in your business industry to prepare you better for the dynamics. But do make sure you save up enough capital and be very selective of staff. An idea/business is only as successful as it's human resource, integrity and dedication is what you should look out for. I hope to read your success story on here soon. All the best. 100 Likes 7 Shares |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Destined2win: 5:41am On Apr 23, 2017 |
What's the idea 7 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by LePrezident(m): 5:58am On Apr 23, 2017 |
AimingIncognito: What's this idea? ![]() Don't worry, I don't stay close to you so I won't be exactly stealing the idea... Who knows, maybe I can advice ![]() 8 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by LePrezident(m): 6:16am On Apr 23, 2017 |
Eno38151: Do you know the idea? 7 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Eno38151: 6:24am On Apr 23, 2017 |
LePrezident: She mentioned it now |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by LePrezident(m): 6:36am On Apr 23, 2017 |
Eno38151: No she didn't. Kindly re-read. The hosel construction is no the idea, that's a side project her dad advised her to engage in earlier. 16 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Eno38151: 6:37am On Apr 23, 2017 |
LePrezident: Youre right mrPrezido 2 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Eggcelent(m): 6:48am On Apr 23, 2017 |
Eno38151 She didn't mention the idea. She only said her Dad suggested building hostel accommodation at a vantage spot. A project which has been gulping her saved-up capital for her dear business idea. Aimingincognito. I understand why some of your friends would advise against quitting your day job. The risk in business is always there. Is it possible to get a trusted, focused & motivated but yet-to-be-employed relation to manage the business at its inception? Then you can quit your job when the business proves successful. With that you won't have to quit your job & you can still actualise your business desire. Success! 10 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Eno38151: 6:55am On Apr 23, 2017 |
Eggcelent:True 1 Like 1 Share |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 10:01am On Apr 23, 2017 |
Thanks everyone. @eggcelent: I wish its a kind of business I could handover to a family member while I'm at work but unfortunately I have to oversee what's going on almost all the time, part of the business require some skills which I'm really good at. I would appreciate more suggestions plsssss *Modified* Yayyy, FP ![]() THANK YOU ALL FOR YOUR MEANINGFUL ADVICE. I really appreciate you fam. As suggested by the majority, i think its better to finish the project first then use the income to finance the business. Once again, thanks everyone ![]() |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 10:07am On Apr 23, 2017 |
LePrezident: I'm not telling you ![]() 2 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by LePrezident(m): 12:36pm On Apr 23, 2017 |
AimingIncognito: Oh cmon... I might have good ideas for you to add to it |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 8:31pm On Apr 23, 2017 |
Dominique Mrknowitall pls help me push this to FP for more advice, i really need to Mk a decision by end of May/June ![]() @ lalasticlala i know this is not snake related but don't worry, i will kill a snake for you, you hear ![]() *modified* ohh Lalasticlala! you did it! Tanchu ![]() ![]() 13 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by bnanzip(m): 9:43pm On Apr 23, 2017 |
what are you calling the mods for? How will people help you if you do not want to say the kind of business. You think Ideas are all that matter? 11 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 10:25pm On Apr 23, 2017 |
bnanzip: So you want me to mention my business idea on a forum with almost 2million members. You really must be high on hot zobo o ![]() Besides, i don't need 'help', what i need is advice. Leave me alone let me call the mods oo, izit your call? ![]() 40 Likes 1 Share
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Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Nobody: 10:31pm On Apr 23, 2017 |
You don't know yourself. You want to be advised on something that's shrouded in obscurity. Stop seeking undue attention. 15 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 10:41am On Apr 24, 2017 |
Antares: Undue attention you I took my time to read few of your posts and i would be boasting your ego if i called you a bully, but in the real sense what you lack is proper home training. I guess you are so pained i ignored the first comment you made on my thread,nigga i'm not here to flirt. I can see you already deleted that post. So, in addition to your lack of home training.YOU ARE ALSO A COWARD!. I would like you to go back and read all your posts on nairaland? can you vouch for 10 decent posts that doesn't involve you cursing someone? I'm not here to exchange words with you, I'm a grown as.s lady with back to back proper home training, i'm here to solicit for advice before making a decision that would either make me or ruin me. So, stay off my mention and go back to being an uncultured coward on someone else's thread. 26 Likes 1 Share |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by AimingIncognito(f): 11:15am On Apr 24, 2017 |
Antares: I gave you one simple task to do: I would like you to go back and read all your posts on nairaland? can you vouch for 10 decent posts that doesn't involve you cursing someone? Ohh the corrections; some of us have serious work to attend to on a Monday morning,I've got no time to scrutinize my typographical errors ON A MONDAY MORNING. 1 Like |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by zolapeperenpe(f): 11:44am On Apr 24, 2017 |
@Op;maybe you should listen to egg.celent suggestion, try look for someone (a family member preferably) to manage the business while you are at work. Take a leave from work at the inception, then use the few weeks to train the individual. All the best 3 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Nobody: 12:31pm On Apr 24, 2017 |
zolapeperenpe:Are you that jobless? You're telling the world that you're a restless witch. Get your stinking mouth and fingers off my mentions. |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by nextstep(m): 9:57pm On Apr 25, 2017 |
I have the same dilemma: business while working to feed the family. My advice is build the hostel, then use the rent from it to fund your business, small small. At least, you will always have the hostel even if the idea (like many businesses) fails. You can also use it as collateral to get a loan to expand your business once you have proven to yourself that the business works. It might take a bit longer, but it's frankly the least risky of the options. I also think you should keep your full time job; you just simply stop having a social life so you can grow your biz. ![]() This is what I'm also doing: I have managed to build a very small hostel, I'm using the proceeds for business; the hostel is also collateral so a bank takes me seriously; and I have a full time job. Family members or friends, trusted or not, will not run your business as well as you can, and you will spend so much time managing them and getting status updates that you might as well do it yourself. Not to talk of the ones that will just eat your money as if it is their own business. Also, hiring somebody while your business is so young and untested is going to increase the chances of it failing. Do you have any holiday time coming (like up to 2-3 weeks) so you can spend them on your idea? Can you run your business on the weekends, to test it for viability? Good luck 24 Likes |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by EKITI001: 9:58pm On Apr 25, 2017 |
Cool |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Nobody: 9:59pm On Apr 25, 2017 |
V |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by cyrielo(m): 10:02pm On Apr 25, 2017 |
You need to be sure of how market viable your idea is, try to see if you can do a test run of the idea and see the result you get |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Nobody: 10:04pm On Apr 25, 2017 |
AimingIncognito: Oh hot zobo ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: I Have This Amazing Business Idea, But Scared To Quit My Job! by Afam4eva(m): 10:04pm On Apr 25, 2017 |
Your idea is not amazing afteral else you won't be scared to lose your job. 8 Likes |
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