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Why You Should Start A Business Now Before You Finish Your Youth Service by chuksstanlo: 2:57pm On Sep 26, 2018 |
Dear Corpers, The reasonable thing to do now before you finish your youth service now is to start your own business because as you all know there are literally no jobs in Nigeria except if you have connections. If you don't have the capital to start a business then you can learn a high income skill like Forex trading which you can use to make money for yourself and offer your services to others. Starting an offline business is very difficult especially in Nigeria. I advice you learn a high income skill online and use that skill to start an online business, then when you have mastered the online space you can start a normal business. |
Re: Why You Should Start A Business Now Before You Finish Your Youth Service by skedman(m): 4:17pm On Sep 26, 2018 |
The fact remains that Nigeria is not ready fully for any entrepreneurship business aside fraud,politics and government jobs. i started a small scale business early August ,2018. The concept was so nice i started the business with the sum of N500,000 The nature of the business was mainly on cold drinks. i had about 3 hawkers who come to pick up the cold drinks during the day the business was doing fine , i had a sale girl who attend to the hawkers while i go for other professional jobs However, the challenge began when i received a call from my sales girl that ikedc came to interview her on my wire connection. i was charge for by passing N 90,000.The electrician did a wrong connection which i never knew of not until when i was told by the Nepa official it was never a prepaid meter but the old meter were they hardly read .i have always been charge with a fix amount of 10,000 monthly which was a bottle neck for my business. i had to visit there office to solicit for a reduction but they decline my offer and insisted that i must pay before it will be reconnected back The break down of the N90,000 was 50,000 for penalty fee while the balance was running cost. The business was just barely a month and will be hurt if such huge amount is removed. They never show any remorse nor care about my emotion of a surviving business rather they were full with pride and these are the young generation that was employed into the system . they had the opportunity to be employed into ikedc not for merit but for one reason or the other . The sum was paid out of frustration in other for the business to continue . furthermore, my sales girl started her own by taking my money for transport and feeding and even had the gods to borrow a friend my money. we agreed with the sum of 15,000 as her take home pay,she is done with her ssce and still depend on her parent to be honest i had to sack her immediately .Right now the second lady is also involved in such act . it is not there fault, i blame the country we are in and also there parent for not having that time to train there kids. they even rely on an ssce holder to bring food on there tables .I make a profit of 40,000 to 50,000 monthly depending on the weather. To cut the story shot my capital is going down every month because i had to pay the following monthly without a salary of my own SHOP RENT N7,000 IKEDC FEE N10,600 SALES GIRL N15,000 SECURITY N3,600 FUEL FOR GENERATOR N12,000 Car fueling N6,000 TOTAL 54,200 i am about closing the business down 2 Likes
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Re: Why You Should Start A Business Now Before You Finish Your Youth Service by chuksstanlo: 9:43am On Sep 27, 2018 |
I am sorry that your business is facing problems based on things beyond your control. That is why starting an online business is easier than starting an offline business. You can learn a high income skill like Forex trading. Then you can offer your services to people abroad and you can scale up from there. It is easier to expand an online business than to expand a normal business. skedman: |
Re: Why You Should Start A Business Now Before You Finish Your Youth Service by FirstS2B(f): 8:58pm On Oct 07, 2018 |
Corpers who want to start businesses based on their creative talents should join us at CraftsHome, a Facebook group to learn many different crafts skills to make you money. Use this link: https://www./152882548677895/ |
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