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Nairaland Forum / Nairaland / General / Business / What Is Your Worst Business Investment And How Much Did You Lose? (102648 Views)
How Much Did You Lose Trying To Return The Old Naira Notes To Banks? / Share Your Worst Business Experience / Share Your Worst Broke Moments Experiences In Life (2) (3) (4)
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Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 10:14pm On Nov 19, 2018 |
Ocon: Hey man. Thumbs up on your service coming to an end. TIP: Save up the last 2 months Allowee. Don't touch it. Use it for business, bro. You should see this post I made here when I still did blogging. the original site is down as I left it. as for the videos, I will send it to you in a flash drive. You only have to foot the shipping fee and the cost of the flash. Kindly see this post I made once >>> https://www.nairaland.com/4431525/10-best-selling-most-popular-niches 2 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by gentlegenius(m): 10:14pm On Nov 19, 2018 |
noble71:I thought this is tiles. 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 10:21pm On Nov 19, 2018 |
smiliyB: hi what's good? what niche do you have in mind? and pls see this post >>> https://www.nairaland.com/4431525/10-best-selling-most-popular-niches |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 10:26pm On Nov 19, 2018 |
Paulpaulpaul: I read everything too as I always look out for the bad deals to avoid. Well, the first step is to have a laptop and an internet enabled phone. If you have those 2 down, you should be then start looking at the startup capital which should be anywhere around 50 to 150k. Not much when compared to the tradition brick and motar biz models. Get these down and then we can talk more. today alone I got like 11 orders of a 21k product. And I'm still a learner in my niche 20 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by TechCapon(m): 10:26pm On Nov 19, 2018 |
hahn:I'll add you up. You're a good guy 2 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by doggedfighter(f): 10:28pm On Nov 19, 2018 |
Paulpaulpaul: Hahahahah. Nobi small A is for apple. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 10:29pm On Nov 19, 2018 |
You see this guys, chrisvicmall (see pic attached), them done help boys life well well when it comes to importing stuffs from China. I hail una. Make I leak secret for una. Go and learn internet business if you no get money to start BIG BUSINESS 11 Likes
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Re: What Is Your Worst Business Investment And How Much Did You Lose? by blackjack21(m): 10:29pm On Nov 19, 2018 |
hahn: Sometimes it does; look at the Rothschild family for example. only you have to recognize the ambitious people in your family. I won't make the same mistake again 13 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Kutunban: 10:30pm On Nov 19, 2018 |
I've had numerous losses, I'm going to talk about the one I've tried to excel anyway. I started goat production business 6 years ago with only theory knowledge no experience. I bought 45 red sokoto breed of goats and started feeding them without experience and professional to guide me through, I did online research about goat production business prospect and I got crazy information from online farmers who never owned livestock and couple with the fact I'm an animal scientist which I felt I'm good to go that was the greatest deceit I deed to my self. To cut the story short I lost all the goats due to wrong management, diseases and worms and lack of good information. I lost over 700k Naira which include goat cost, so called consultant fees, feed and medications. Note: I now have vast experience in goat farming with over 200+ matured female goats, over 80 bucks and plenty of kids too in my farm. I didn't give up and thank God for the support I got from my wife. Never venture into a business without practical experience. Don't be carried away by online bloggers who write crazy stuff about ROI 54 Likes 7 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by ibori1(m): 10:32pm On Nov 19, 2018 |
sircrabo:swaggerguru u can add me on Facebook u will all smile few can testify on that a topic was created abt a person begging for 2odds which I dropped 2odds for 2days and both enter for sure u can search for dt topic itself. skylane was d 1 who created d topic,search for ursef |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by makkosky(m): 10:34pm On Nov 19, 2018 |
1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Nobody: 10:35pm On Nov 19, 2018 |
First of all, I started MMM around june/july 2016 with 20k....made profit, got some hooked on the system during the December break.. When it resumed by February 2017, I started again.. Made some profits and when the final crash happened, though I lost, it didn't pain me much because I made almost all of it through the system and not by my sweat. Note: I bought lots and lots of cloths, accessories, finance my studies, spend lots of money on food and drink because It was more like a free money (Though I was/still working but MMM paid me more then). I don't know if I should count it as a loss or gain sef... 2 Likes 2 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by timkuro(m): 10:36pm On Nov 19, 2018 |
HenryDion:Can I contact you too |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by ibori1(m): 10:39pm On Nov 19, 2018 |
oghenerunoh: quote]swaggerguru u can add me on Facebook u will all smile few can testify on that a topic was created abt a person begging for 2odds which I dropped 2odds for 2days and both enter for sure u can search for dt topic itself. skylane was d 1 who created d topic,search for ursef |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Ocon: 10:40pm On Nov 19, 2018 |
Purplekush:Thank you very much. I'll mention you when I'm ready to get d flash (allawee never enter ) 2 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Theophinio(m): 10:43pm On Nov 19, 2018 |
Mtchew I still regret mine til tomorrow February 2016 we borrowed #850 which we gave to Folabi a football agent based in the UK on the ground that he would secure a football trial in Turkey for me. He was introduced to us by a fellow player who plays in Cyprus after he came to Nigeria for holidays to watch my team play. He then told me about the Agent Folabi who was with him in on ground to watch my team play To cut the story short we were about 7 players he collected that amount from and brought Armenian Visa to us with invitation from a club called Ulisses who was heavily in financial crisis at that time. We goggled the team and found at their predicament, we queried the agent about taking us to a team in great financial problem, but he told us that was why they needed cheap players from Africa Before we knew what was happening the club mailed us that we wouldn't be coming over again that they have fold up Within a week the agent moved back to the UK promising to secure another club for us. When he came back from the UK 2017 without any invitation he promised to pay us back ll We later used police force on him and also planned on using EFCC. He disappeared back to the UK 13 Likes 3 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by noble71(m): 10:44pm On Nov 19, 2018 |
gentlegenius:no bro. It's stamped concrete. 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by t0bbY(m): 10:53pm On Nov 19, 2018 |
Purplekush: I don't mind getting this video courses..pls I will really appreciate it if u can help me anyway.. let me know how best to contact you sir.thanks in advance |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by TeaY2(m): 11:04pm On Nov 19, 2018 |
Purplekush: I will be grateful if you can put me through your online business. Please give the the link where I can download those videos. Email: teay361@gmail.com Thanks |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 11:06pm On Nov 19, 2018 |
t0bbY: Hey t0bbY, email me. I don't do trainings again as it takes a toll on me. But I will see what I can do about the videos. I could send them over in a flash. and have it delivered to your addy using FedEx. But you have to foot the bills. Both the cost of shipping and that of the flash drive. My area of focus is Digital marketing and importation |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by doggedfighter(f): 11:11pm On Nov 19, 2018 |
Purplekush: Teach me abeg 2 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by nymphomaniac(m): 11:11pm On Nov 19, 2018 |
Hmmmmmmm.... Couple of tips: 1. Never use borrowed money to start a biz. NEVER! I USED MY SAVED ALAWEE MONEY TO START MY SIDE HUSTLE. 2. DELVE INTO A BUSINESS YOU ARE KNOWLEDGEABLE ABOUT. Although I am a lawyer, I have always been tech savvy and that's what inspired my side hustle. It's almost as if that's what I studied in school because I know a lot about it. 3. Invest what you can lose...I bet alot and I have lost about 50k in 2yrs on betting and I bet every weekend after forecasting for hours. What saved me? I disciplined myself and max I bet with it 50 naira...use 100/200/500 sparingly. It's what I can afford to lose and not feel too bad. 4. Patience/timing/luck can be the key sometimes. There is a high chance I may make a loss of 80k soon but I am being patient in the hope that fortune smiles on me. As a business man, u must be able to glean when to take a loss for the greater good or be patient and see if things turn for the better. 14 Likes 3 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 11:12pm On Nov 19, 2018 |
TeaY2: i already took down the download link and the site, as it was too expensive to keep it up and running. but then the videos could be sent to you in a flash drive. You just have to foot the shipping fee and the cost of the flash drive. Meanwhile, see the post I made with my former moniker and get an idea of what I do here >>> https://www.nairaland.com/4431525/10-best-selling-most-popular-niches The original blog post got over 90 organic shares in less than 48hrs |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 11:25pm On Nov 19, 2018 |
doggedfighter: Which one you wan learn? Seey previous replies though |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Nobody: 11:36pm On Nov 19, 2018 |
Great thread |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Priceless200(f): 11:38pm On Nov 19, 2018 |
My worst business loss is Alliance in Motion Global. AIM GLOBAL.. And of course PONZI. Wasted money and time, even introduced to fam members who didn't make a penny. That's the worst part for me. Anyway, for me. Anything MLM, PONZI.. Never again. Never!!! 13 Likes 2 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by linearity: 11:41pm On Nov 19, 2018 |
yettymuse: Nothing ventures, nothing wins....the old saying goes. If you not in it, you can't win it.......and that is how life goes. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by mazizitonene(m): 11:43pm On Nov 19, 2018 |
Okay.....garrit |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Iyajison: 11:55pm On Nov 19, 2018 |
Ponzi scheme |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Izabel(f): 12:08am On Nov 20, 2018 |
was able to save 50k from a part time ushering job , Got robbed of it months back. |
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