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How Old Were You When You Made Your First Million?, And How? - Business (17) - Nairaland

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Re: How Old Were You When You Made Your First Million?, And How? by Ray07(m): 7:28pm 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.
nice one man . . . have you tried shopify?
i have a friend on facebook who made $1mill in one month.

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by NOBODYY: 7:30pm On Nov 18, 2018
The10thMan:


You need to be mentored on how to look for opportunities in rendering a service or providing goods or both. Then you select which is your passion or which area you are interested in. Set out your goals and get to know what it will take in terms of finance, time and skills/knowledge to reach where you want to be. Then set to work. You need to be mentored and you need to focus. What are you planning to do now? What do you do with your time? What about in NYSC? What do you plan to do with your time during service?

Thank you very much, with regards to NYSC I was posted to serve in a private secondary school. Also although my coding or programming knowledge is zero presently, I'm planning to either learn software and web development, oracle or learn video editing and the likes

I believe I need to be mentored, because I'm still relatively young but I have no direction in life presently.. My greatest fear is wasting away my youth phase.

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Lavoca: 7:30pm On Nov 18, 2018
nineone:
I can put you through. I trade forex, affiliate and digital marketing, drop shipping and mini importation and a few others. All these businesses have a high learning curve or either take a long time to start yielding incomes. They require that you have another source of income while you learn. If youre still interested after knowing that it's not a get rich quick scheme, indicate below and we can get started.

.. Whatsapp contact

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 7:30pm On Nov 18, 2018
Lhimeet:

But you no get ass oh..

But manageable for niggas

CC : Lefulefu
grin
iyam sure divay got a bumbum cheesy grin. i just saw her dp.she carry for back oo.
Re: How Old Were You When You Made Your First Million?, And How? by Naturallity: 7:31pm On Nov 18, 2018
23
Re: How Old Were You When You Made Your First Million?, And How? by The10thMan(m): 7:32pm On Nov 18, 2018
odigbosky:



Sir, i have gone through the file you sent and i will probably end up in the General section or Major section. I have a problem concerning the company being registered. My dad's company is a venture that deals on Timber, can it still apply in the General or Major sections?

My personal opinion is it applies to the General Category. However, note that DPR may decide that it is Major. At times they use their discretion.

Before you register please try and ensure that your target market of choice (oil companies or wherever) need timber of various types for various purposes. I KNOW THEY DO, ESPECIALLY IN DRILLING FIELDS etc. Long story short, ensure you have a market. Entrepreneurship is THE CREATIVE PROCESS OF IDENTIFYING MARKET OPPORTUNITIES AND UNMET NEEDS, AND THEN BUILDING SOLUTIONS THAT MEET THESE NEEDS AND BRING VALUE TO CUSTOMERS.

In entrepreneurship or ANY BUSINESS IN THIS WORLD, You must Create Time Value and/or Form Value and/or Place Value.

23 Likes 3 Shares

Re: How Old Were You When You Made Your First Million?, And How? by Olalekank(m): 7:33pm On Nov 18, 2018
So, I'm tending towards 20 soon and following this thread.

With #74.96 in account.
Almost done with school but with the way it's going, It seems only school cannot do it. I've been greatly inspired by everything I've read here and taken the first step to contact a fellow student like me who might want to startup something with me.

However, Please I need mentorship from people here please.
Major is in computer science.

14 Likes

Re: How Old Were You When You Made Your First Million?, And How? by NOBODYY: 7:34pm On Nov 18, 2018
nineone:
I can put you through. I trade forex, affiliate and digital marketing, drop shipping and mini importation and a few others. All these businesses have a high learning curve or either take a long time to start yielding incomes. They require that you have another source of income while you learn. If youre still interested after knowing that it's not a get rich quick scheme, indicate below and we can get started.

Bro, sorry for jumping into the conversation but I'm very willing to learn.. I'm a corper presently so I have another source of income
Re: How Old Were You When You Made Your First Million?, And How? by ElPhenomenal(m): 7:34pm On Nov 18, 2018
nineone:
I can put you through. I trade forex, affiliate and digital marketing, drop shipping and mini importation and a few others. All these businesses have a high learning curve or either take a long time to start yielding incomes. They require that you have another source of income while you learn. If youre still interested after knowing that it's not a get rich quick scheme, indicate below and we can get started.
I’m interested sir
Re: How Old Were You When You Made Your First Million?, And How? by Cmeo(m): 7:36pm On Nov 18, 2018
Hmm
Re: How Old Were You When You Made Your First Million?, And How? by OmoDavido(m): 7:36pm On Nov 18, 2018
DDGN:


Send me your account number.


bro abeg bless me too o

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by The10thMan(m): 7:37pm On Nov 18, 2018
Yankee101:


In America I'll recommend you run your own business. Working for someone else is slavery.


Celebrity tax rate is like 40 to 60% plus agent fees etc

If you work for others your tax and social security deductions is nearly 30%

Business owner 15% with ability to write off your cars, houses, food etc as business expenses

Stock market 10%

Very true.

I am not US Based though.I live and work in Nigeria. Visited briefly.

The flexibility with something as simple as doordash was amazing. Funny thing is we met professors and other gainfully employed people who do it in the evening just to kill boredom and make some extra buck while at it. Quite humbling and revealing.

14 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by Cannonleo(m): 7:38pm On Nov 18, 2018
Emmyk:

Bro. Longest time.

@op, at 24. Offering digital services on Fiverr.
is your fiverr account still functional
Re: How Old Were You When You Made Your First Million?, And How? by Johnadelaide00: 7:39pm On Nov 18, 2018
25yrs .... about 13 months after I started working... Job was Field Service Engineer (Solar/Inverter and Power Installations) which involes lots of traveling. I was saving alot though

2 Likes

Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 7:41pm On Nov 18, 2018
Peter4luv:
Am not really happy though ...have made millions and my first money 800k when I just gained admission in oau and right now am in my level 2 ..since my two years studying in school although i don't go for lectures or concentrate on my studies ...my story is have made so much money and my account statement is closing in on 21 million naira this November ...am only 23 years old and right now am thinking of dropping out cause I hardly go for lectures ..am in local govern departments ..not a serious course though but related to politics..I have a car worth 3 million and landed property worth 6million thinking of owining a hostel by God grace..right now am not really happy and am touched by you guys that rose from grass to grace to hustle with legit hustles ..but everyone has a story to tell ..have suffered and hustled all my life in car wash ,caterering,working for ungrateful people that will push you to deaths because you don't have money ..have seen good things and I go from my school mates when they see me hustle in car wash in street ...I made a decision one day to stop and go into YAHOO YAHOO...my story is I feel guilty sometimes and I wish to stop but I can't cause the day I will I might go back to working as a car washer..am praying everyday that GOD change my ways and right now am going more deeper in this hustle and am scared it might hurt me cause I never wanted to go this way and I always ask God why he no make my parents be billionaires ..I still ask myself WHY ME..just realize life is all about sacrifice ..make a open way for your future generations ..pray God save my soul and give me grace in this sinful world ..no joy in stealing from others..
The first step is that, you acknowledge that what you are doing is wrong, God will help you to retract your steps

8 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Epunch1(m): 7:41pm On Nov 18, 2018
I was 23 then buh i no go lie nah G ooo! and its was my first time in the business.... shout out to you boo boo @SNewby Sydney Australia.

7 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by DaniDarvey: 7:41pm On Nov 18, 2018
blesoh:

Look at me smiling, I love success stories

Hmmmm are you sure you not a banker?
Re: How Old Were You When You Made Your First Million?, And How? by goldman777: 7:41pm On Nov 18, 2018
23 I won bet9ja ticket 25million naira and now have multiple investment valued @ 180million naira and still growing gradually

56 Likes 4 Shares

Re: How Old Were You When You Made Your First Million?, And How? by cnonyechi(f): 7:41pm On Nov 18, 2018
@ 21
Re: How Old Were You When You Made Your First Million?, And How? by IamaNigerianGuy(m): 7:42pm On Nov 18, 2018
Meklex:
I have always wanted to learn programming. Started with python but implementation was a hard nut to crack

You learn programming first. Then you can learn any language. If you live in Benin I can teach you.

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by blesoh(f): 7:42pm On Nov 18, 2018
DaniDarvey:


Hmmmm are you sure you not a banker?
I don't have a job yet
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 7:43pm On Nov 18, 2018
chucksbadt:
At 25
After saving for 16 months at work place
26 now and i have a car and i still have above 1m in account

If u are earning around 45k, like how much can u save per month? I feel jealous already

4 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Yankee101: 7:43pm On Nov 18, 2018
The10thMan:


Very true.

I am not US Based though.I live and work in Nigeria. Visited briefly.

The flexibility with something as simple as doordash was amazing. Funny thing is we met professor's and other employed people who do it in the evening just to kill boredom and make some extra buck while at it. Quite humbling and revealing.

People make money delivering Pizza here.

Nothing like shame for hard work here

Any legal work to feed your family is cool

25 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by proprince(m): 7:45pm On Nov 18, 2018
28
Re: How Old Were You When You Made Your First Million?, And How? by The10thMan(m): 7:45pm On Nov 18, 2018
Yankee101:


People make money delivering Pizza here.

Nothing like shame for hard work here


The mentality a lot of Nigerians lack here.

And I hope it changes.

I however noticed that a lot of them in the USA also lack financial intelligence and are in debt with credit cards etc.

10 Likes 3 Shares

Re: How Old Were You When You Made Your First Million?, And How? by Cannonleo(m): 7:45pm On Nov 18, 2018
Ocon:
Nice thread...

Last year 2017, I made close to a million on Fiverr (writing niche) until everything chickened out (project and final year stress made me stop). After graduation, my account couldn't stand on it feet anymore.
(After months of trying to revive d account, I figure out you need a professional skill to survive on d platform and writing alone won't do)
Now, I am broke AF. Back to d drawing board and trying to learn a new skill. But it's being very challenging due to NYSC service.

BTW, i'll be greatful if anyone here can mentor/guide me on any professional skills as a freelance
same here, i was and am still a self taught computer engineer with practical knowledge of networking, never had a million and the highest i have had in my account at once was 350k half of which was clients payments with profits untouched.
Sponsored my way through school, and at the beginning of the recession, my market dried up totally, went weeks without jobs finally decided to be an intern at a financial institution but i regret every moment of it, i wasnt born for Bank jobs, i wont mind been, infact i am actually pleading with anybody to tutor me on any new skill profitable especially as regards crypto or anything.
I am trying my hand at bitcoin mining but sincerely am already losing hope cos of the time frame and the fact that ascii miners are avaliable for the big boys

8 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by salt1: 7:47pm On Nov 18, 2018
Ray07:
nice one man . . . have you tried shopify?
i have a friend on facebook who made $1mill in one month.

What's Shopify?
Re: How Old Were You When You Made Your First Million?, And How? by Emmyk(m): 7:47pm On Nov 18, 2018
Cannonleo:
is your fiverr account still functional
Sure.
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 7:48pm On Nov 18, 2018
cnonyechi:
@ 21
What do u do babe?
Re: How Old Were You When You Made Your First Million?, And How? by Yankee101: 7:49pm On Nov 18, 2018
The10thMan:



The mentality a lot of Nigerians lack here.

And I hope it changes.

I laugh sometimes and I feel like crying sometimes when I see the get rich mentality of young Nigerians. They can actually make their first million simply by farming. Mix legumes with cereals if you don't have enough money for fertilizer, cos that's the most expensive thing. We have land you can rent in abundance.

Or buy grains shortly after Harvest and drying to store until they pick in price in 3 to 6 months.

Money can be made from consistent patterns and cycles. Farming/Raining season is the natural cycle set by God.

20 Likes 2 Shares

Re: How Old Were You When You Made Your First Million?, And How? by montumonami(m): 7:50pm On Nov 18, 2018
Emmyk:

Wow! That's the prayer bro. I authorize them to kill you with orders. grin
what service are you rendering broh... AND which platform do you use?
Re: How Old Were You When You Made Your First Million?, And How? by Yankee101: 7:51pm On Nov 18, 2018
salt1:


What's Shopify?

It's like an online store host for drop shipping etc. You sign on to create your store on their platform.

7 Likes 3 Shares

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