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How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines - Business - Nairaland

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How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 9:54pm On Feb 09, 2018
Do you know that you can cover the cost of own a transportation business so fast.

You are 25yrs and above and you are still broke God has already back his face on you,wise up and woo that business believe me you will smile to the bank like a lion does on his lunch food.

Let use Okada transport as a case study.
You own a Okada that goes for N217000 depending on the location and you hire a ride that bring N4000 daily after expensive.in 30 days that is N120000 and remember you have to pay your ride depends on your negotiation power,in a year you could be making around N1000000 on a single bike,do your calculation if you own 5 bike that you manage.isn't that lucrative to make you rich.
Remember this applies to other transportation means
I know you will be say where is the funds to start
Don't worry you can work with OPM ( others people money) and make your self rich this 2018.

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Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by spencerconsult(m): 10:43pm On Feb 09, 2018
How can this OPM work for me
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 12:14am On Feb 10, 2018
Sir let’s talk more
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by agarawu23(m): 6:47am On Feb 10, 2018
Lies

It's easy to write down in a paper but the reality will show u another thing. You will bite your finger @ the end. I am a victim.

If you can't drive it yourself, forget that business, u will lose your money and get just little back.

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Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 7:01am On Feb 10, 2018
agarawu23:
Lies

It's easy to write down in a paper but the reality will show u another thing. You will bite your finger @ the end. I am a victim.

If you can't drive it yourself, forget that business, u will lose your money and get just little back.
explain how you were a victim of such

If you fail to plan,you plan to fail

In every business there is a risk if you can outline your risk your comfort zone you have no reason staying in that business.

As of May 2017 UBER has made/reach 5 billion ride and is estimated to worth $60 billion
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 7:03am On Feb 10, 2018
Thoniameek:
Sir let’s talk more
no problem
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 7:07am On Feb 10, 2018
spencerconsult:
How can this OPM work for me
borrow money from your bank OR you can present your business to potential investors.
That is why in America today you see many business that start with nothing to be worth billion(they work with other peoples money )

The money you borrow to carry your plan is OPM
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Partnerbiz(f): 8:09am On Feb 10, 2018
You buy it and give to people and they just start telling you stories...
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 8:18am On Feb 10, 2018
Partnerbiz:
You buy it and give to people and they just start telling you stories...
you don't give it out to people on hire purchase rather you place them on monthly salary.

With that the zero is minimum and when he can't come up with N4000 target you discharge he of his duty and employ another the routine continues like that.

And remember the bike or cab must have GPS on them
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Partnerbiz(f): 8:23am On Feb 10, 2018
Favouramani:
you don't give it out to people on hire purchase rather you place them on monthly salary.

With that the zero is minimum and when he can't come up with N4000 target you discharge he of his duty and employ another the routine continues like that.

And remember the bike or cab must have GPS on them
You mean you buy okada and place the riders on monthly salary while they make returns to daily?
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 8:27am On Feb 10, 2018
Partnerbiz:

You mean you buy okada and place the riders on monthly salary while they make returns to daily?
yes
It could be weekly or monthly depends on you negotiations power
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Partnerbiz(f): 8:36am On Feb 10, 2018
Partnerbiz:

You mean you buy okada and place the riders on monthly salary while they make returns to daily?
Favouramani:
yes
It could be weekly or monthly depends on you negotiations power



so whats the difference between that above and hire purchase since you said the above isn't hire purchase?
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 10:04am On Feb 10, 2018
Partnerbiz:





so whats the difference between that above and hire purchase since you said the above isn't hire purchase?
my brother placing a rider on weekly or monthly salary is not hire purchase.
You take care of the bike both repairing and fueling while the work of a rider is to ride and meet up with daily return And also the bike is your even after the cost of the bike have been covered.while in hire purchase once the price of the buyer have be reach the bike automatically belong to the rider
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Partnerbiz(f): 11:13am On Feb 10, 2018
Favouramani:
my brother placing a rider on weekly or monthly salary is not hire purchase.
You take care of the bike both repairing and fueling while the work of a rider is to ride and meet up with daily return And also the bike is your even after the cost of the bike have been covered.while in hire purchase once the price of the buyer have be reach the bike automatically belong to the rider
With further details included, I concede that it's different. But that model will never work. Investors are bound to lose a lot of money.

The only model that works here is the model used by popular transport coys like peace mass, God is good motors etc wherein the owner collects the money and pays the driver on every trip.
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 11:59am On Feb 10, 2018
Partnerbiz:

With further details included, I concede that it's different. But that model will never work. Investors are bound to lose a lot of money.

The only model that works here is the model used by popular transport coys like peace mass, God is good motors etc wherein the owner collects the money and pays the driver on every trip.
That model is good but why it works for peace mass and so is because they take control of the money pay by their potential customers.

In a case your rider take controls of the money what model do you apply?
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Partnerbiz(f): 1:16pm On Feb 10, 2018
Favouramani:

That model is good but why it works for peace mass and so is because they take control of the money pay by their potential customers.

In a case your rider take controls of the money what model do you apply?

Since he takes the money, the business is bound to fail. The investor will always lose.
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 1:25pm On Feb 10, 2018
Partnerbiz:


Since he takes the money, the business is bound to fail. The investor will always lose.
do you know that every business have a strategic way of operation

When you fail to put your strategy you fail

There is no way that you can fail even if the rider control the ride fee.

Your business there is that target
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by FIDELITY24(m): 2:03pm On Feb 10, 2018
I intend starting up a transport biz by next year n am seriously saving towards achieving my goal. I have made enquiries about mini bus and was told the direct Belgium is around 700k, by God's grace things will work out well.
Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nobody: 2:33pm On Feb 10, 2018
FIDELITY24:
I intend starting up a transport biz by next year n am seriously saving towards achieving my goal. I have made enquiries about mini bus and was told the direct Belgium is around 700k, by God's grace things will work out well.
this is how you will be smiling inside bank

Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by FIDELITY24(m): 3:35pm On Feb 10, 2018
Favouramani:
this is how you will be smiling inside bank
Amen o!

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Re: How Many Of You Know That Transportation Business Is Lucrative Like Oil Busines by Nugathegod: 9:10pm On Oct 27, 2020
FIDELITY24:
I intend starting up a transport biz by next year n am seriously saving towards achieving my goal. I have made enquiries about mini bus and was told the direct Belgium is around 700k, by God's grace things will work out well.

Have you started your transport biz. I need a little insight and advice as I'm also planning to start very soon.

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