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How Old Were You When You Made Your First Million?, And How? - Business (28) - Nairaland

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Re: How Old Were You When You Made Your First Million?, And How? by Ugosample(m): 12:13am On Nov 19, 2018
HardMirror:
you missed the thread? You need to see how the stvpid girls were talking on the thread as if being a gf is a career we guys must pay for

this is shocking


But to give you a different perspective, most young Nigerian women are victims of their upbringing and environment.

That is what has shaped a lot of them into what they are today, and how they think, plus their world views


That's why I don't castigate these young women


But to say the least, they got their priorities wrong and muddled up

sad but true

18 Likes

Re: How Old Were You When You Made Your First Million?, And How? by marvis13(m): 12:17am On Nov 19, 2018
I made my 1st, 2nd, 3rd, 4th 5th, million at d age of 26...Plz don't ask me how
Re: How Old Were You When You Made Your First Million?, And How? by bedspread: 12:18am On Nov 19, 2018
[s]
Martinez19:
I thought he works in mysterious ways, how then can you understand his ways?

On a serious note, realistic approach and perspective is vital in solving life problems and living life to the fullest. God doesn't exist and all world religion are ridiculous garbages, stop depending on god and give life your full effort. No time should be wasted attending church programmes, fasting and praying when you can use that time to develop yourself and search for something doing. Read books and upgrade yourself, manage your time and resources, use most of your MB to download books and important materials, attend business seminars and gather various business ideas(eg. from this thread) etc. In life, you are on your own, no god, pastor or human being is coming to give you free cash. If a business idea clicks and starts working, keep your money and don't be a father christmas or spend it on women. Try to upgrade yourself academically by going for higher degrees. kiss smiley
[/s]

I Totally Disagree with u...

Nothing Works Without GOD

If it will work, it's GOD that makes it Work!

Never ever Feel your Expertise made it for u!!

Expertise has Collasped Nations and Industries...

Having GOD is the Ultimate!!

71 Likes 6 Shares

Re: How Old Were You When You Made Your First Million?, And How? by AgbenuAnna(f): 12:18am On Nov 19, 2018
Olalekank:

Baba is still looking for job abeg
Ok
Thanks
Re: How Old Were You When You Made Your First Million?, And How? by UrbanExotica(f): 12:19am On Nov 19, 2018
MrKong:
Somebody that know me outside nairaland mentioned me in the confinement of a thread and reason something with me which I think he's right about. Therefore I've decided to not do so again through his own suggestion not to throw a million at someone who wouldn't know how hard it is to make it. To those who went and edit their bank statement, una well done. If you put that effort in something productive I'm sure you'll come sing here by first quarter of next year.

Blessed are those who know the path and follow it - Mrkong
shut up brokeass

17 Likes

Re: How Old Were You When You Made Your First Million?, And How? by generationz(f): 12:23am On Nov 19, 2018
Deltatoto:
23 importation and exportation of culture.

culture?

kindly explain

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Martinez19(m): 12:24am On Nov 19, 2018
bedspread:
[s][/s]

I Totally Disagree with u...

Nothing Works Without GOD

If it will work, it's GOD that makes it Work!

Never ever Feel your Expertise made it for u!!

Expertise has Collasped Nations and Industries...

Having GOD is the Ultimate!!

What an insult and undermine of man's ingenuity and effort. SMH.

6 Likes

Re: How Old Were You When You Made Your First Million?, And How? by holysaint1(m): 12:24am On Nov 19, 2018
anigbajumo:

Aiit,mail me here anigbajumoesmaheel@gmail.com
just did..
Re: How Old Were You When You Made Your First Million?, And How? by Generalkorex(m): 12:26am On Nov 19, 2018
Premiumwriter:
Thinking of starting a blog. But don't know if it's still profitable.
I heard it's always profitable
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:31am On Nov 19, 2018
nwanneni:
anyi ma uzo ofuma ofuma.ha enwe ike e jide anyi. grin
Atlantic ocean is a gold mine if you have the heart

Nnukwu Nwannam, biko yere m aka, Achọrọ m imu ahịa a n'aka gị. Enwere m njikere zuru oke ịnọ n'okpuru gị.

1 Like

Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:31am On Nov 19, 2018
deactivated
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:33am On Nov 19, 2018
cool4Jesu:


Nnukwu Nwannam, biko yere m aka, Achọrọ m imu ahịa a n'aka gị. Enwere m njikere zuru oke ịnọ n'okpuru gị.
okwi ma na business anyi a bu very risky something and obu ife eji nnuku ego eme?
Re: How Old Were You When You Made Your First Million?, And How? by justmykel(m): 12:33am On Nov 19, 2018
Pls men and brethren, i need a financier for my welding course!
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:34am On Nov 19, 2018
nwanneni:
i can actually make an e-book on this o!lol
Real book,real business not some motivational bullshit.
Don't you think so?

Bro leave ebook apart, I have read ebook tire.

2 Likes 1 Share

Re: How Old Were You When You Made Your First Million?, And How? by MrKong: 12:34am On Nov 19, 2018
AgbenuAnna:
How do you make the money?
In need of mentorship
Agribusiness or should I say Agribusinesses. Then T-bills for unused capital
Re: How Old Were You When You Made Your First Million?, And How? by LaJose78(m): 12:34am On Nov 19, 2018
MrKong:
I'm going to make somebody a millionaire this night. If you have less than #10 in you account. Send me your account number accompanied with the screenshot of your balance sad

sir pls ds has been my account balance since 10th of this month after my 12k salary finished... pls look into my matter. even if its not million, any amount will make my month. thanks sir. account number is 4001398015... Fcmb. God bless sir.

Re: How Old Were You When You Made Your First Million?, And How? by generationz(f): 12:35am On Nov 19, 2018
1Ronaldo:
At 22/23.. My year 4/ year 5... Scholarships totalling almost 2 million. (Addax= 100k, Total= 150k, Agbami= 200k, Some local ones: 550k,)
Wasted it on lenovo laptop, iPad, costly clothes, women and family...
I regret sha, was still young n thought d money will always be coming..
Still in pains till now.

didn't you get a job with one of those companies seeing you were a top student?
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:36am On Nov 19, 2018
cool4Jesu:


Bro leave ebook apart, I have read ebook tire.
whenever you raise 20mill,let me know
Re: How Old Were You When You Made Your First Million?, And How? by generationz(f): 12:37am On Nov 19, 2018
ceejayx:
24...pant business cheesy
how ?
Re: How Old Were You When You Made Your First Million?, And How? by mercidove: 12:37am On Nov 19, 2018
Naughtysite:
Go and learn barbing If you run a barbing saloon for another person for one year you can open yours Nah Confusion dey hold person down
Thanks 4 d advice bro.
Re: How Old Were You When You Made Your First Million?, And How? by AgbenuAnna(f): 12:38am On Nov 19, 2018
MrKong:

Agribusiness or should I say Agribusinesses. Then T-bills for unused capital
can you please elaborate on the agribusiness?
Re: How Old Were You When You Made Your First Million?, And How? by Hycon(m): 12:39am On Nov 19, 2018
TissuePaper:
Hello fellow nairalanders and business men, I was at the verge of making my first million naira early this year but I got carried away by the euphoria and made some bad investments which later backfired and left me bankrupt... However, I'm recuperating now, and I just wanted to know at what age you guys made your first million naira and how you did it or the investments you made.

This is just to serve as a motivation to our young and upcoming brothers and sisters still in the labor market struggling to make ends meet.

Thanks


I wish you listened
Re: How Old Were You When You Made Your First Million?, And How? by Peter4luv: 12:39am On Nov 19, 2018
joyyss:
pls can you do me a favor , abeg,
Am listening ??
Re: How Old Were You When You Made Your First Million?, And How? by Grupo(m): 12:41am On Nov 19, 2018
MrKong:

Agribusiness or should I say Agribusinesses. Then T-bills for unused capital

Your profile shows that you are most active in jobs/vacancies section of this website. So, how am I expected to believe you are really into the businesses you typed up there?

7 Likes

Re: How Old Were You When You Made Your First Million?, And How? by generationz(f): 12:42am On Nov 19, 2018
BIXYBABE:
4 years, my grandpa's will
lol

your grandpa was a nice guy o
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:43am On Nov 19, 2018
nwanneni:
okwi ma na business anyi a bu very risky something and obu ife eji nnuku ego eme?



Amaara m, Achọrọ m ịnweta 500k January. Enwere ike ịmalite ?
Re: How Old Were You When You Made Your First Million?, And How? by david290(m): 12:45am On Nov 19, 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 a job first, then raise seed capital even if I wanted to start a business. Background was humble and family was just managing. Wrote various aptitude tests for banks like Intercontinental, other banks, Freisland, Diageo, LNG, etc. and another one with an Oil and Gas Agency. First Job was with a bank. Old Generation Bank still existing today. Got a job as a Banking Assistant Graduate Trainee. Went to Lagos for 1 month training and posted to the Eastern Part of Nigeria. While in the bank in 2007, the Oil and Gas Agency finally called. Their recruitment took super 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. I was 26. I 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 multiple millions. ONE IMPORTANT THING IS I KEPT MY LIABILITIES AND EXPENSES LOW and still do. 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.Added two shops to the front section. Completed and rented all flats and shops out. I still live in a rented apartment.

However, money in the bank and dormant salary/income doesn't bring returns. Money is a messenger and money doesnt like being idle. You need to send it on good errands to bring more money, and the cycle continues. Also, there is time value of money and money depreciates. With all these at the back of my mind, I urgently needed to transfer a lot of my finances into assets that will generate income. This is still my biggest challenge today. I focused on greatly on developing my skills and myself professionally in my area of expertise. I eventually set up a Consulting Firm/Company in my area of expertise with freelance workers. I read a lot, 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 needed daily revenue so currently planning to open a lounge/cafe/bar and plaza anywhere after Ajah Axis in Lagos. Searching for property currently. My Consulting brings money but you have to chase contracts and bids 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,asuun,nkwobi, fried potatoes 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 regardless of how highly educated you are. Personally, 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

Posted a few diagrams to educate people in a glimpse.
Eventually when you go www with your consulting business and peradventure you encounter issues with getting organic traffic to your website and/or qualifying leads, feel free to contact me and I'll do my best to contribute my experience, skills and expertise. Good luck with your projects.
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:47am On Nov 19, 2018
cool4Jesu:




Amaara m, Achọrọ m ịnweta 500k January. Enwere ike ịmalite ?
not close to chairman.but when you have the 500k ready,let me know.
I can show you what to do
Re: How Old Were You When You Made Your First Million?, And How? by generationz(f): 12:53am On Nov 19, 2018
OmoDavido:
I have not made a million naira before. But I made my first 100 thousand naira at age 18, year 2013 after my ss3 waec through hustling of bottle water and lacasera in hold up and bus parks at Oshodi.

But due to some family issue and being the first born of the family, gave my mum and sibling almost all.

And now that I am an undergraduate in a federal university in Nigeria, having 10k in my account self is a miracle. But I believe I will also make my millions and be okay one day. There is time for everyone!

Gbogbo wa la ma make è!

being an undergraduate is a bonus if you can look for a need and satisfy it

Most undergraduates have freeoney to throw around from their parents

Especially ladies who get from boyfriends and parents .

if you can find a need and satisfy it you'll be a able to meet your needs.

for example when I was in school (year 2) I sold provisions in my dorm room. I discovered that most girls were too lazy to go downstairs or outside to buy basic needs so I removed out of my pocket money to buy a few things and resell.

shyness and procrastination made me not continue in subsequent academic years.
I wish I did

Those are the two things you should guard against.

12 Likes

Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:56am On Nov 19, 2018
nwanneni:
not close to chairman.but when you have the 500k ready,let me know.
I can show you what to do

Thanks so much bro, I will quote you once I do.
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 12:56am On Nov 19, 2018
Peter4luv:

Am listening ??

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