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How Old Were You When You Made Your First Million?, And How? - Business (15) - Nairaland

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Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 6:26pm On Nov 18, 2018
Raysolo:
Made my first million at 25,doing dropshipping of mobile phones from aliexpress,my biggest hurdle at first was how I could make payments and how i could get lots of clients.
Can you teach me or let me be one of your agent please, I'm a stay at home mom, I don't wanna stay at home anymore as work no dey

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by ACE1010: 6:26pm On Nov 18, 2018
29...... looting of course!!!!! If you know you know cheesy cheesy

3 Likes

Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 6:31pm On Nov 18, 2018
seunmohmoh:
I have made millions in my dream sotay I'm actually believing it even tho I don't have shingbai in my account.

When I make my millions, I'll come back and modify.

Thanks
Hahahaha, you are so funny
Re: How Old Were You When You Made Your First Million?, And How? by Lhimeet(m): 6:32pm On Nov 18, 2018
introvertme:


Very similar
smiley smiley smiley
Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 6:34pm On Nov 18, 2018
mysticgal:

we can beg him oh
I just did
Re: How Old Were You When You Made Your First Million?, And How? by mysticgal(f): 6:34pm On Nov 18, 2018
blesoh:

I just did
did he reply?.... cheesy
Re: How Old Were You When You Made Your First Million?, And How? by okoroemeka(m): 6:36pm On Nov 18, 2018
it was in 2003 and I was 23 then,a family friend and big poultry farmer eagle foods big ltd came one day and said I should drive him to Ibadan,I drove him from anambra state to Ibadan,we stayed one week with zartech hatcheries, we visited many farms and it was am eye opening experience, we went to moor plantation farms and the manager was begging us to bring customers from the east to buy off their pig weaners and the price is #2,000 per one,I came back borrowed from my mum and added my own,I went back bought 100 pieces and paid #40,000 for a bus that brought it home,as we have already pig pen,I reared it for 6 months and one buyer came and cleared it #15.000 each ,total #1,500,000,I was in fed college of agric,ishiagu then,I rush Lagos collect ash Honda baby boy with a/c for flexing,hahaaa!those days.

66 Likes 9 Shares

Re: How Old Were You When You Made Your First Million?, And How? by odigbosky(m): 6:37pm On Nov 18, 2018
made my first 200k last year and i almost ran mad. since then i have been trying to get a million naira but i am so family oriented that i like taking care of my family even at my own expense. i will be graduating next year and i want to go into Oil and Gas sector. i want to learn anything there but the companies for such are not located near me.
Aside this i am open to learning any side hustles...I must admit one thing, Money brings confidence ooooooo, no matter how small it is.
Poverty starts creeping in when we start becoming comfortable

53 Likes 4 Shares

Re: How Old Were You When You Made Your First Million?, And How? by donkingzton01(m): 6:37pm On Nov 18, 2018
I'm currently 19 and the highest money I've made so far is 300k from ponzi though I thank God I bought some bitcoin and hopefully it will rise. But to God be all glory currently am learning lots of skills and hope soon I'll be ready to launch.

9 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Alphaman007: 6:39pm On Nov 18, 2018
montumonami:
. I'm really depressed. Same 23 currently serving... Still thinking were tomorrow's meal will come from ..... I feel really bad
bros.. Like say you be my doople granger.. Me too dey serve barely surviving on this meager 19800.. All is well

5 Likes

Re: How Old Were You When You Made Your First Million?, And How? by seunmohmoh(f): 6:40pm On Nov 18, 2018
blesoh:

Hahahaha, you are so funny
grin
Re: How Old Were You When You Made Your First Million?, And How? by TheBeat: 6:40pm On Nov 18, 2018
4dor:


Do you have C of O for your landed properties? Are you 100% sure of ownership of these properties?
No Sir. I was told to wait until after the tenure of my criminal governor. All I do is to fence it for now. Thanks
Re: How Old Were You When You Made Your First Million?, And How? by Viking007(m): 6:42pm On Nov 18, 2018
Barrytone:
35years, first month of my first employment and my first pay after seeking for job for over 7 years. Bought first car the second month and things just moved so fast that I didn't remember that I lost 7yrs on the streets. Everything the devil took from my destiny just rush back before I could open my eyes.
While on the street I got close to a million but never netted a million at hand. I was into supplies (construction) and general contracting including but not limited to digging and construction of soakaway pits. Any other job/supplies related to building. Built my first house while on the streets. In all you do just be Godly.
I really like this testimony. Yes it is a testimony, 7 years with no job and suddenly, boom! cheesy That's how God works.

16 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by joinnow: 6:42pm On Nov 18, 2018
The10thMan:
Was 26.

Graduated school in 2004. Then applied for various jobs. Any that was available. I needed seed capital for my dream. I recall trekking Trans Amadi in PH dropping CVs to companies. Many oil and gas servicing firms. I even went to Primary and Secondary Schools to look for teaching jobs. Come see shakara untop my 4.01 Second Class Upper. cheesy But I couldn't be bothered. I knew I needed to get seed capital even if I wanted to start a business. Background was humble family was just managing. Wrote various tests for banks like Intercontinental, other banks, Freisland, Diageo, LNG and another one with an Oil and Gas Agency. First Job was with a bank. Old Generation Bank still existing today, as a Banking Assistant. Went to Lagos for 1 month training and posted to Aba. While in the bank in 2007, the Oil and Gas Agency called. Their recruitment took long. Left First Bank like crazy. Salary in the Bank was 59,000 back then. One of the lowest paying.

In my new job, housing allowance alone was back then was 1.6 Million annually. Salary about 200k monthly. Not to mention hazard, offshore, etc. allowances.Recall I called up my friends in the bank and jokingly told them they are all small boys.. grin grin grin grin Finances have never gone below 1 million naira. Savings alone with Work Staff Cooperative Society is about 3 million. ONE IMPORTANT THING IS I KEPT MY LIABILITIES AND EXPENSES LOW. Never believed in the ''I need to upgrade so people know I have arrived'' mentality. Acquired 4 properties. 2 Lagos and 2 back home. Built first house in Lagos. Completed and rented all flats out. I still live in a rented apartment. Money in the bank doesn't bring returns. Also there is time value of money and money depreciates. I need to transfer a lot of my finances into assets that will generate income.

Been able to develop my skill in my area of expertise and set up a consulting firm. I read, pay for courses myself. Coupled with work sponsored courses. I love to read about wealth creation and financial intelligence. I have a crazy collection of over 20 books. Kiyosaki, Trump, etc. I love watching Grant Cardone, Tai Lopez etc. on Youtube at my spare time just for encouragement. My job is still there by Gods grace. Consulting firm is growing strong. Now Consult for both Upstream and Downstream Companies. Trying my best to brand the company with a good website, good band image etc. Currently, I have the desire to open a conglomerate to diversify to various sectors. Picture Dangote Group. Called up a lawyer for advice. I intend to go into a lot of business ventures. I need daily revenue so currently planning to open a lounge/cafe/bar and plaza anywhere after Ajah Axis in Lagos. Searching for property currently. Consulting brings money but you have to chase contracts and bid etc. Plus, contracts dont come easy. Also, price war between contractors drives down profit margins a lot. Need something with daily returns so thought I should open my own Lounge/Bar/Cafe with a small plaza for sharwama etc. That is my next project. Also, intend to follow Grant Cardone's idea-''build multi-family dwelling housing instead of single units''. Intend to do this with the other land in Lagos.


ONE BIG MISTAKE I MADE WAS NOT LISTENING TO MY LATE MUM. She forces all her kids to learn a vocation/a skill. She wanted me to learn welding. I felt I was too educated for it. Perhaps by now I would have been constructing Sky scrappers and handling huge projects with my current knowledge and exposure.

GRATEFUL
The books ie Kiyosaki and trump etc are they in soft copies ? If they are could you be kind to send to me.
Re: How Old Were You When You Made Your First Million?, And How? by dangoteinlaw: 6:43pm On Nov 18, 2018
LadyHeaven:


Bro Biko I am a young civil engineer show me the way ejo cry
how good are you in engineering design softwares. That's the starting point. As a young graduate can't get a contract if you didn't design it.
Re: How Old Were You When You Made Your First Million?, And How? by centboy123456(m): 6:43pm On Nov 18, 2018
Meklex:
25. That was last year. My money entered one million in Nov 2017, and in less than a year I quadrupled it.

Update: I made it from freelancing, Amazon publishing, Cryptocurrency trading and importation.


how did u do it bro help a brother out here

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by The10thMan(m): 6:45pm On Nov 18, 2018
joinnow:

The books ie Kiyosaki and trump etc are they in soft copies ? If they are could you be kind to send to me.

Yes they are soft copies. I have them in a folder called 'wealth creation and financial intelligence'.

Yes I can send them to you based on google's attachment limitations.

4 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by NOBODYY: 6:48pm On Nov 18, 2018
I'm 20, fresh graduate
Highest amount I've owned at once is about 80k,
I don't even have a clear cut picture or career path towards earning millions
Life is unfair o embarassed

15 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 6:48pm On Nov 18, 2018
mysticgal:

did he reply?.... cheesy
No, but he sent me a dm
I'm gonna send you a dm too just in case, we will make our millions too wink

6 Likes

Re: How Old Were You When You Made Your First Million?, And How? by centboy123456(m): 6:49pm On Nov 18, 2018
sokera:
28 .... God bless malaysia

bros waiting dey happen for malaysia na

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by mikeget804: 6:50pm On Nov 18, 2018
starpower:
1st million at 21, I did after selling solar products online(konga &jumia)and offline. Will visit schools with Solar lamps( Sun King) and sell at night to small stores, the margin was great because of limited variable costs. We still sell solar product www.solartalkers.com. There quite lots of opportunities in this country. Lost quite a lot due to inexperience and trusting people but getting back on track. We are having new products you can become distributors of.

Bros, am interested. How do I go about it. my mail , ewayict@gmail.com . Will be glad to be part of the success story. tnks
Re: How Old Were You When You Made Your First Million?, And How? by highqueen(f): 6:52pm On Nov 18, 2018
Interesting. smiley
Re: How Old Were You When You Made Your First Million?, And How? by mysticgal(f): 6:53pm On Nov 18, 2018
blesoh:

No, but he sent me a dm
I'm gonna send you a dm too just in case, we will make our millions too wink
omg thank you. I have sent you a message

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Starboytwo(m): 6:54pm On Nov 18, 2018
Most of the ages start from 26...if you are 26 or around that age bracket and you've never made no millions yet,hustle hard and youd get it to...


Oh by the way I'm really interested in foodstuffs from the north to the South,you feel me ...whose with me let's make some millions....

24 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by leo047: 6:54pm On Nov 18, 2018
mathew247:
Press Press. my client been dey pay me $500 per month until one Ghanian guy tell me to ask her to open suntrust bank so we go load am,e cast then the Ghanian guy say make we collect her phone service details. I got lucky because she was using Verizon postpaid. na so we load phones,6 IPhone X. I sold one at 385,000naira. the only hurdle I get be say...when the phones reach Lagos. our custom guys say na 380,000naira I must pay to get those phones which I did after much borrow borrow. when the Verizon payment was due my client switched to AT&T.
can I pm you
Re: How Old Were You When You Made Your First Million?, And How? by Peter4luv: 6:55pm On Nov 18, 2018
Xxxccc

50 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Ugosample(m): 6:56pm On Nov 18, 2018
nduchucks:
May I suggest that you set higher standards for yourselves.

Celebrate your first 100million naira or at the very least 10million naira.

I don't think 1million should not be celebrated given current exchange rates. We are talking about less than $3,000 here.

while your advice is well taken


it's a simple question

At what age did you make your 1st million

in Nigeria, your first million you MADE is a milestone, especially when you come from a disadvantaged background

And yes, considering Nigeria's peculiar circumstance, making your 1st million under 25 is a good one.

71 Likes

Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 6:56pm On Nov 18, 2018
DaniDarvey:
Interesting. Made my first million by selling a property for someone. 10% of 35million was something extraordinary.
I remember expecting the transfer to my account and when I got to the bank, the Lady checked and told me my balance was N2,000. I sat down at the bank waiting and when I met her to help me check again she almost insulted me. I believe in her mind she was like why are you disturbing me for maybe one chicken change you are expecting.
I just kept my cool and sat there for almost an hour. Then I just looked at her and I guess she just decided to help me check again and the next thing I knew, she walked up to me and said sir its like your account has been credited.
From that moment she was just calling me sir and she offered that I upgrade my account from a savings to a current account and also open a business account.
My shakara that day was the bomb.
Look at me smiling, I love success stories

14 Likes

Re: How Old Were You When You Made Your First Million?, And How? by shiffynaani(m): 6:59pm On Nov 18, 2018
Fuhrerfran6:
24....made it this year from freelance writing on up work...actually made close to 5 million if not for family problem and fenjo grin
PLS I WANT TO LEARN. CAN YOU TEACH ME? HELP ME PLS
Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 7:00pm On Nov 18, 2018
awelekiti:
Amazing thread...away from politics and sports. Wow! With what I've read so far, I've got no doubts in my mind that nigeria would be ok in a few years to come as predicted. But why did buhari call our youths lazy? He needs to be arrested and prosecuted, seriously.

I made my first millions selling latex to the oil and gas sector at the age of 31. I just woke up one day, thought of what to do to make some money as I was tired of saying 'yes sir' to my employers. I've been making millions working for them but I needed to start making same, working for myself. I started with a proposal to their headquarters in lagos. I was asked to drop samples which I did, then the rest was history. I expanded the supply to pharmacy stores nationwide. As the business was threatened by nafdac on registration with politics from above by somebody who showed interest, I was pulling back gradually. I later entered the health sector with the sale of medical consumables and later major medical equipment from CT to USS, Digital X-ray, equipping hospitals, etc. I became famous in less than 10 years of doing business and recognised by the USA president. I had dined and wined with world leaders, including Barak Obama. I'm meeting Tony Blair in a global entrepreneurs' gathering soon in Washington DC.

Right now, we're planning to start manufacturing of medical equipment , the first of its kind on the African soil. It's a multi million dollar project. The facility constriction is already ongoing , somewhere in ogun state. I wish all the vibrant and upcoming entrepreneurs on this thread the very best. Believe in yourself, trust in God and the rest would be history. God bless Nigeria.
Wow
Re: How Old Were You When You Made Your First Million?, And How? by The10thMan(m): 7:01pm On Nov 18, 2018
odigbosky:
made my first 200k last year and i almost ran mad. since then i have been trying to get a million naira but i am so family oriented that i like taking care of my family even at my own expense. i will be graduating next year and i want to go into Oil and Gas sector. i want to learn anything there but the companies for such are not located near me.
Aside this i am open to learning any side hustles...I must admit one thing, Money brings confidence ooooooo, no matter how small it is.
Poverty starts creeping in when we start becoming comfortable

The oil and gas business has various aspects. It is highly specialized and you need to be very specific on the thing(s) and service(s) you want to engage in. From exploration, to drilling, to completion to production to maintenance/servicing to general contracts like supplies etc. You need to know the area you really feel you can handle based on passion and desire. Experience and knowledge can be sought.

Follow this link to the DPR Site and see the various categories and the area you desire:

https://www.dpr.gov.ng/wp-content/uploads/2018/08/LP-GUIDELINES-2017.pdf

To do anything in the oil and gas industry you need a DPR License. Even if you want to evacuate poop! The link above will give you some ideas on various services.

Cheers.

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