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Nairaland Forum / Nairaland / General / Business / What Is Your Worst Business Investment And How Much Did You Lose? (102667 Views)
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Re: What Is Your Worst Business Investment And How Much Did You Lose? by beewhy009(m): 8:34pm On Nov 20, 2018 |
Kutunban: Can I mail you sir? I would like to get hands on experience on the goat biz... 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Nobody: 8:36pm On Nov 20, 2018 |
twlover: speedyconnect3: If you look at the writeup, He invested all on structure and had nothing left to run the layers and feed. The mistake is from the investor and not poultry farming itself. He would have rented initially before going in full on the structure. 9 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Connoisseur(m): 8:39pm On Nov 20, 2018 |
yomi007k: Working for me might be a little difficult for you. I have got no physical office, my office is my bag and the treacherous Nigerian roads. For 20days now, I have been deep in the woods with the locals, sleeping in their store, eating their food without basic facilities. You might have to rethink that option. 3 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Leo10000(m): 8:50pm On Nov 20, 2018 |
gift01: that is the pros and cons of agro biz,you must have practical knowledge before venturing into any, that is why it's always good to step into any biz with a single foot before diving into it for a successful poultry farming,right medication count for almost 50% success already, others might be biosecurity, feeding ratio and so on when I started my broiler biz,I went in with 14 broilers,lost all due to lack of practical knowledge,after a while,I did 6 birds,this time with enough knowledge, 5 got matured successfully,same with all other aspect of bizness,practical knowledge is Paramount About the profit,with the right know how,100 layers birds should give you average of a crate per day but mind you,you feed them for about 18 weeks before they start laying So u need intense capital when you want to venture into layers,that ll be my point on that gift. 3 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Ocon: 8:58pm On Nov 20, 2018 |
maybachmusic:Bro, i figure out you might not want to drop ur contact, but I won't mind if you message me on WhatsApp Thank you |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by SFSNIPER(m): 9:08pm On Nov 20, 2018 |
Connoisseur:Sir That Is The Kind Of Work I Love. I Am Willing And Ready To Work. 0.70382453.3.2. 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Nobody: 9:08pm On Nov 20, 2018 |
I ran a photo printing business from 2010 with a Chinese Doli 0810 brand new bought at 6.9m with acccessories from Skysnap office, Lagos. I had average of 500k profits monthly from the business and could even top 2m in December/January sales. I decided to open a new branch and ordered 2 fairly used DKS 1550 from the UK at about 24,000 pounds (+6m) in 2011 while the brand new price from Skynap Lagos was 12m each. I thought i was saving money but never knew i would never enjoy the machines. I had to repair and replace the parts in the DKS 1550 machines and it was very expensive at about 3m total but then markets went down. i never recovered from the cost used in acquiring the machines and i had to shut down the entire operation as our profits fell as low as 50k a month from 2 branches. The money generated from the newly acquired machines was not upto 300k. Total cost for 2 expensive machines=6m+3m+500k (other logistics) = 9.5m - 300k= 9.2m tired down. 16 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by SFSNIPER(m): 9:17pm On Nov 20, 2018 |
Reading From The First Page To This Right Now Has Made Know I Am Truly Ready To Learn And Work. Congratulations To Myself, I Think I Am On My Way To Success. Thank You Everybody Who Has Shared An Inspiring Story, You Have Touched A Life. Losing A Military Job Is Terrible But I Want To Get Back Up And Tell Misfortune That Am Not Available For The Long Haul. 19 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by benjaminiyke(m): 9:33pm On Nov 20, 2018 |
CaptainMitch:Please how did it happen? I'm planning on going into fish farming. I have been told you are guranteed of profit always |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by yomi007k(m): 9:37pm On Nov 20, 2018 |
Connoisseur: I can do that....May God be with you though. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by seunpas: 9:41pm On Nov 20, 2018 |
Mine is ICAN, I have spent almost 1m writing from diet to diet and I still have a paper to go. Learnt validity period in final stage is now 5years God help your son and let this cup pass over me. 8 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by LadyHeaven(f): 9:43pm On Nov 20, 2018 |
Purplekush: PurpleKush, please i am so ready, no more dulling, biko open my eyes 3 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by CaptainMitch: 9:46pm On Nov 20, 2018 |
I hear its profitable, I put in money without proper planning. benjaminiyke: |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Nobody: 9:50pm On Nov 20, 2018 |
Unigrad: I'm also a fresh graduate from uniben, have a business idea but I don't think I want to base in benin, would have suggested we collaborate and do the biz, do you mind relocating? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by chimoskyg(m): 10:07pm On Nov 20, 2018 |
vowsng: Gombe |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by NarnieSnyper(m): 10:48pm On Nov 20, 2018 |
Purplekush: Bro, pardon my ignorance but what do you mean by internet business? Throw more light please. I am interested |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by speedyconnect3: 11:10pm On Nov 20, 2018 |
lafex: Ok thanks |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by speedyconnect3: 11:12pm On Nov 20, 2018 |
ezenwajosh: Interesting. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by speedyconnect3: 11:13pm On Nov 20, 2018 |
EMMAACHILE:Ok tnx |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Purplekush(m): 11:14pm On Nov 20, 2018 |
Glistinin: I don't do trainings again on "How to Make Money Online". It's too much work with too little pay when compared to actually working in the field and making the money yourself To be honest, I've gotten over 70 mails today and more than half came from NL alone. and I can't reply them all because of time. But then I've already contacted someone for Flash Drives at cheap rates in computer village, Ikeja, Lagos. If I get the Flash drive before weekend,. I'll put up a post with a link where everyone interested in getting the videos can visit to place an early order for FREE. I don't have strength to upload more than 10 videos again on YouTube. So I'll copy them to a Flash Drive and have it delivered to your address NOTE: You only need to cover the cost of the flash drive and the shipping fee. So, if you're seriously interested I suggest you follow my moniker so you'll be notified as soon as I put up a new post. P.S: I post a lot of nonsense with this moniker. Don't take my stupidity to heart. I practice my writing here. And get real-life feedbacks and stats
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Re: What Is Your Worst Business Investment And How Much Did You Lose? by oghenerunoh(m): 11:15pm On Nov 20, 2018 |
ibori1:am seeing like four name wit dat wic 1 is yours |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by cynthiababe(f): 11:26pm On Nov 20, 2018 |
funnynation: Please can you share the group link instead? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by MiaB(f): 11:30pm On Nov 20, 2018 |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Connoisseur(m): 12:06am On Nov 21, 2018 |
yomi007k: Amen |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Burchester: 2:12am On Nov 21, 2018 |
Land lost 40k Rice farming lost 200k 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by holysaint1(m): 3:03am On Nov 21, 2018 |
khassy: Good day sir.. sorry for your loss and bless God for the experience. but if it wouldn't be of much trouble to you, which of the investments did you try your hands on.. cause going through he thread, i came across various kinds of business one could start up with 400k. 1 Like 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by yungchop: 3:16am On Nov 21, 2018 |
khassy:paadi, come and dash me money.. I'm very broke right now. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by xenastar(f): 6:32am On Nov 21, 2018 |
Forex trading... $4300 |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by gift01: 6:48am On Nov 21, 2018 |
Leo10000:can we link up and may be start something |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by montumonami(m): 6:49am On Nov 21, 2018 |
domainsales18:by then you must have committed suicide. 1 Like 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by khassy(m): 7:33am On Nov 21, 2018 |
beatmonster: It's easy to say from what you read till you start it and then you'll see that theories of cryptocurrencies and it's reality are opposite side of the coin. Every book written about Bitcoin dates back to last year when Bitcoin was rather predictable It's a whole new level now. Even the pros in bitcoin are throwing in the towel and going home, don't think you know more than them because you read more 1 Like |
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