Re: How Old Were You When You Made Your First Million?, And How? by NnamdiN: 4:28pm On Jan 13, 2019 |
|
Re: How Old Were You When You Made Your First Million?, And How? by Amehsam(m): 4:42pm On Jan 13, 2019 |
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
Nice. I will make mine soon and when I do, I will look for this post and tell u how from A-Z 5 Likes 2 Shares |
Re: How Old Were You When You Made Your First Million?, And How? by zinaunreal(m): 4:50pm On Jan 13, 2019 |
Epunch1: 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. Ma niggah, Ma niggah |
Re: How Old Were You When You Made Your First Million?, And How? by Tallboy50: 5:36pm On Jan 13, 2019 |
Legalese: 26. I had been in the real estate business for over a year and I just registered my first sale some weeks back. Made 2 m but I had to share. Came out with 1.1m And that's just the beginning of the flood bro i really need your mentorship regarding doing real estate. Can you teach me |
Re: How Old Were You When You Made Your First Million?, And How? by Emmaxy9(m): 5:41pm On Jan 13, 2019 |
I love all the comments here and I greet all the elders and bosses here I have my concern Am a sstudent and I need something or anything I can do online that can earn me money and won't take too much of my time
Please help a fellow and God bless 2 Likes |
Re: How Old Were You When You Made Your First Million?, And How? by Legalese(m): 7:03pm On Jan 13, 2019 |
That's a tall ask but I can give you some pointers on how I got started. 08067981080. Send me a msg. Tallboy50: bro i really need your mentorship regarding doing real estate. Can you teach me |
Re: How Old Were You When You Made Your First Million?, And How? by humbleme99(f): 8:48pm On Jan 13, 2019 |
patsygirl: Mine was unbelievable as i never imagined making so much through such a business. A friend pestered me into it and i reluctanly gave it a try. She was into dietry supplements and was actually making so much because she had worked in the bank and had a large client base. Being an introvert. i told her i could not do it because i dont even know whom to market them to. She told me the the products were in high demand and that people are actually looking for the products to buy. I didn't believe her still untill the pestering became so much and i decided to buy a few and try. Since i wasnt good at talking to people, i decided to go online. I tried facebook group adds but it was a futile attempt. I didnt give up because my money was at stake. I proceeded to jiji and began to post adds and behold the next day my phone started ringing like no man's business. I realized that theses products are actually high in demand and each person that calls is actually asking for at least three products at a time because they go together. The profit margin on each of these products is up to two thousand naira and so for each purchase or order you you are are making a profit of at least six thousand naira in the the comfort of your room. These calls roll in on a daily basis and and i visit the transport company i use almost every day to send to my clients. I have even upgraded to using courier service. I owe my friend a lot for not giving up on me knowing she was only trying to help me. I have tried a lot of business but non has paid me this much. Now i know that health products sell themselves. I'm nice to my customers though but i discovered that even when you are not readily available to attend to them, they are very patient because they need the products like crazy.
Please what dietary suppliment is that? I want to sell too. I'm serious abeg. |
Re: How Old Were You When You Made Your First Million?, And How? by okalo(m): 7:51am On Jan 14, 2019 |
Rextizzle: Sure it pays but you will have to invest and its 100% safe.
This isn't like those trashy stuffs like bitcoin doubling or hyip or the likes, it still hurts me that I was scammed more than $1000 on those thrashy stuffs, but this one am currently doing is 100% genuine.
Crypto is not 100% safe o, tell them d truth!!! U gain only when u knw when to pull out. I remember last year, I lost close to 350k to btc, btc refuse to rise I had no option than to sell at a loss, nd I'm happy I did not hodl cox I could ve suffered more loss. NB: Always know when to invest in crypto, don't allow others to dump on u. IF u r interested in network marketing, Holla me on 09071182161. Network marketing is my oil well 4 now 6 Likes |
Re: How Old Were You When You Made Your First Million?, And How? by Rextizzle(m): 7:56am On Jan 14, 2019 |
okalo:
Crypto is not 100% safe o, tell them d truth!!! U gain only when u knw when to pull out. I remember last year, I lost close to 350k to btc, btc refuse to rise I had no option than to sell at a loss, nd I'm happy I did not hodl cox I could ve suffered more loss.
NB: Always know when to invest in crypto, don't allow others to dump on u.
IF u r interested in network marketing, Holla me on 09071182161. Network marketing is my oil well 4 now That's for you but not for me, I've gained alot and I know my money is 100% safe. Before investing you have to do thorough research before you invest, you don't have to join the bandwagon because others are, this is where most people makes terrible mistakes. |
Re: How Old Were You When You Made Your First Million?, And How? by oceanized25(m): 8:08am On Jan 14, 2019 |
Mariangeles: If you're interested in mini exportation, drop your mobile number so I can add you to a group pls I know this is not directed to me,but I will really appreciate you giving me the offer too,here is my number.07031094075 |
Re: How Old Were You When You Made Your First Million?, And How? by virginboy1(m): 11:03am On Jan 14, 2019 |
The10thMan: I Was 26.
Graduated school in 2004. Just before graduation, my mother had advised/suggested that I learn a vocation. ''Handwork'' as she calls it. But for reasons I cannot recall, I did not. A resourceful woman that she is. She knew that a craft or skill could always put food on the table when the chips are down with respect to a graduate's certificate. During NYSC, I taught in a remote village and learnt French. With respect to entrepreneurship, I only thought of buying cheap food stuff and sending to my home state. But I never pulled this through. Eventually, (both during and after NYSC) I choose to apply for various jobs. Any that was available. I needed seed capital for my dream. I recall trekking Trans Amadi Industrial Area in PH dropping CVs to companies. Many oil and gas servicing firms were there. Out of desperation,I even went to Primary and Secondary Schools to look for teaching jobs. Come see their shakara untop my 4.01 Second Class Upper. 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 test with an Oil and Gas Agency. The first job I landed 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 was 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/dumped the bank like crazy. Resigned without thinking twice. Salary in the Bank was 59,000 monthly back then. One of the lowest paying.
In my new job, housing allowance 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.. . Teasing them and telling them how if I wanted to I could buy a car every year. By God's grace, Finances have never gone below 1 million naira. Savings alone with Work Staff Cooperative Society is multiple millions. ONE IMPORTANT THING IS I KEEP MY LIABILITIES AND EXPENSES LOW and still do. Never believed in the ''I need to upgrade so people know I have arrived'' mentality. I dont need any man or fine girl to see me as ''A Big Boy''. I successively 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. It is cheaper for me to stay there than in my house. However, money in the bank and dormant salary/income doesn't bring returns. Money is a messenger and money doesn't 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. How to identify good investment opportunities. I focused greatly on developing my skills and developing myself professionally in my area of expertise/discipline. I eventually set up a Consulting Firm/Company in my area of expertise with freelance workers. I read a lot, pay for courses myself. I do not always wait for my organisation to train me. All these coupled with work sponsored courses ensured I knew my onions in my field. I love to read about wealth creation and financial intelligence. I have a crazy collection of over 20 books. Kiyosaki, Trump, etc. and 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 and I am rising through the ranks. 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 brand image, modernized logo, 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. Recently, I realized that needed daily revenue. No need to wait till end of month for pay or wait till companies pay for contracts executed. Some companies can owe you for ages on completed jobs. 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. So, currently planning to open a Mini Plaza with a lounge anywhere after Ajah Axis in Lagos. Searching for property currently. Need something with daily returns so the idea that I should open my own Lounge/Bar/Cafe with a small plaza for sharwama,asuun,nkwobi, fried potatoes etc.I have always pictured myself closing from work and going to handle my business at the Lounge. Watch customers eat, drink, chat, laugh and merry. That is my next project. Also, intend to follow Grant Cardone's idea-''build multi-family dwelling housing in a property instead of a single family unit''. So picture 1 bedroom self-cons instead of a gigantic big duplex. With the multi dwelling units you are sure of some rent. Intend to do this with the other land in Lagos.
ONE BIG MISTAKE I MADE WAS NOT LISTENING TO MY LATE MUM. Like I hinted, she practically forces all her kids to learn a vocation/a skill regardless of how highly educated you are.All my sisters can sew, cook, bake, make soap, grill fish etc. Personally, she wanted me to learn Welding and Fabrication. Perhaps, I felt I was too educated for it or something, but I never did. Perhaps by now I would have been constructing Sky scrappers and handling huge projects with my current knowledge and exposure.
All in All I am GRATEFUL.
Taken liberty to post a few diagrams to educate people in a glimpse about financial intelligence. How the rich use income to create assets that generate more income. And how the poor use income to create liabilities that keeps them poor. The poor spend money on liabilities. To them that is ''enjoying'' life. The rich spend on assets. These assets are GOODS,SERVICES, PROCESSES that can solve human/society's problems. In Economics, this is called UTILITY or VALUE. Utility can be TIME UTILITY (You help people save time), and/or FORM UTILITY (You produce something in a way people want it) and/or PLACE UTILITY (You bring something closer to people so they easily reach it). Humans naturally want value and so they take decisions on any thing that will give them least risk, least effort, cost them less time and highest value/less money. The wealthy and wealth creators realize this and do not really focus on the money but focus on solving problems (creating utility) which people are willing to pay them money for. The rich get seed capital, invest it to create wealth. The poor/managing get seed capital and buy liabilities that even put them into more debt.
THE WHOLE WORLD NEEDS FINANCIAL INTELLIGENCE AND THE PRINCIPLES OF FINANCIAL INTELLIGENCE SHOULD BE TAUGHT IN SCHOOLS. Wow!!! ![shocked](https://www.nairaland.com/faces/shocked.gif) 1 Like |
|
Re: How Old Were You When You Made Your First Million?, And How? by Misspure(f): 2:49pm On Jan 14, 2019 |
Pls am One holder but no job,can someone pls help and put me through for online business.I only have 10k now. 1 Like |
Re: How Old Were You When You Made Your First Million?, And How? by Misspure(f): 2:50pm On Jan 14, 2019 |
patsygirl: Mine was unbelievable as i never imagined making so much through such a business. A friend pestered me into it and i reluctanly gave it a try. She was into dietry supplements and was actually making so much because she had worked in the bank and had a large client base. Being an introvert. i told her i could not do it because i dont even know whom to market them to. She told me the the products were in high demand and that people are actually looking for the products to buy. I didn't believe her still untill the pestering became so much and i decided to buy a few and try. Since i wasnt good at talking to people, i decided to go online. I tried facebook group adds but it was a futile attempt. I didnt give up because my money was at stake. I proceeded to jiji and began to post adds and behold the next day my phone started ringing like no man's business. I realized that theses products are actually high in demand and each person that calls is actually asking for at least three products at a time because they go together. The profit margin on each of these products is up to two thousand naira and so for each purchase or order you you are are making a profit of at least six thousand naira in the the comfort of your room. These calls roll in on a daily basis and and i visit the transport company i use almost every day to send to my clients. I have even upgraded to using courier service. I owe my friend a lot for not giving up on me knowing she was only trying to help me. I have tried a lot of business but non has paid me this much. Now i know that health products sell themselves. I'm nice to my customers though but i discovered that even when you are not readily available to attend to them, they are very patient because they need the products like crazy.
pls help me |
Re: How Old Were You When You Made Your First Million?, And How? by zinaunreal(m): 2:55pm On Jan 14, 2019 |
I know lies go also full this thread. Be watchful, its easy to type millions than make millions 13 Likes 2 Shares |
Re: How Old Were You When You Made Your First Million?, And How? by Coolbrisk(m): 4:11pm On Jan 14, 2019 |
nineone: 26 doing online jobs and businesses which I still do till date. We do it all legit. But to be honest, it's not easy at all Good day boss, what are some online business a young man can do that are profitable?? 1 Like |
Re: How Old Were You When You Made Your First Million?, And How? by Mariangeles(f): 4:52pm On Jan 14, 2019 |
Misspure: Pls am One holder but no job,can someone pls help and put me through for online business.I only have 10k now. You can go into the market, source for what people need and resell at a profit . |
Re: How Old Were You When You Made Your First Million?, And How? by 0coded80: 7:11pm On Jan 14, 2019 |
[quote author=Plutoman post=73097900][/quote]tayoakinsete@yahoo.com Thank you Sir |
Re: How Old Were You When You Made Your First Million?, And How? by 0coded80: 10:08pm On Jan 14, 2019 |
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](https://www.nairaland.com/faces/sad.png) please Sir, I could appreciate if you could be mentor me on meaningful thing to embark on, thanks in anticipation. |
Re: How Old Were You When You Made Your First Million?, And How? by BiTmAnn(m): 11:04pm On Jan 14, 2019 |
Inspirational |
Re: How Old Were You When You Made Your First Million?, And How? by bobogee007(m): 12:05am On Jan 15, 2019 |
Can I get to talk to you better please. I'm into crypto a bit too ypeace: At 24, few months after my graduation.
I got to know about blockchain technology in my final year. I read about it and joined various crypto groups before I graduated. I delved fully into crypto currency trading on exchanges plus buy and selling of cryptos. I raised more than 10m naira within my first year.
I lost interest in trading on exchanges last year when I took a blockchain course on coursera. It opened my eye to the fact that the real money is in blockchain development. I have since dedicated my time to learning and development of blockchain technologies.
Currently working on various crypto projects one of which is multisend. Multisend is an ethereum Dapp that allow users to send ethereum and ethereum tokens to many addresses in a single ethereum transaction. The testnet version can be accessed at https://multisend.now.sh and the tutorial can be found at https://www.useloom.com/share/5c7524c256414e01baef2a9bff2a6adc
Note: multisend currently work with metamask chrome extension
Modified Beta version: https://multisend.co
Ropsten testnet: https://test.multisend.co
Tutorial: https://www.useloom.com/share/ae5014b06ad745aa8f88b266a7aaff4f |
Re: How Old Were You When You Made Your First Million?, And How? by Belloadekunle: 12:33am On Jan 15, 2019 |
I started with 20k,My elder brother mentored me about the biz I will like to learn from you |
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 1:10am On Jan 15, 2019 |
2 Likes |
Re: How Old Were You When You Made Your First Million?, And How? by massive1019(m): 6:28am On Jan 15, 2019 |
okalo:
Crypto is not 100% safe o, tell them d truth!!! U gain only when u knw when to pull out. I remember last year, I lost close to 350k to btc, btc refuse to rise I had no option than to sell at a loss, nd I'm happy I did not hodl cox I could ve suffered more loss.
NB: Always know when to invest in crypto, don't allow others to dump on u.
IF u r interested in network marketing, Holla me on 09071182161. Network marketing is my oil well 4 now bros..do you have any e-book on it? |
Re: How Old Were You When You Made Your First Million?, And How? by SHALLREIGN(m): 8:23am On Jan 15, 2019 |
Mariangeles: If you're interested in mini exportation, drop your mobile number so I can add you to a group Am interested Bro ... 080 60 99 32 98 |
Re: How Old Were You When You Made Your First Million?, And How? by KINGHAFI(m): 10:24am On Jan 15, 2019 |
Rextizzle: Sure it pays but you will have to invest and its 100% safe.
This isn't like those trashy stuffs like bitcoin doubling or hyip or the likes, it still hurts me that I was scammed more than $1000 on those thrashy stuffs, but this one am currently doing is 100% genuine.
I also have interest in this Biz |
Re: How Old Were You When You Made Your First Million?, And How? by bobogee007(m): 4:50pm On Jan 15, 2019 |
Mariangeles: If you're interested in mini exportation, mention me with your number ![smiley](https://www.nairaland.com/faces/smiley.png) 08031843913. Bobogee |
|
Re: How Old Were You When You Made Your First Million?, And How? by Rawshal(m): 5:15pm On Jan 15, 2019 |
Kirinwa: I made my first million at the age of 24 through affiliate marketing, blogging, cryptocurrency and eccomerce. As at present I make average of 500k every month and the earning keeps increasing.
When I look at how things were many years I can only but smile.
NB: When I get a 100 likes. I will teach 30 people here and show them the ropes. pls add to me to the beneficiary Whatsap 09036807517 |
Re: How Old Were You When You Made Your First Million?, And How? by Tecks10: 12:35am On Jan 16, 2019 |
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. Please, how did you get through the challenge? How did you get lots of clients? I mini import ladies wigs. It is also a big challenge for me. Please reply me. Thanks. |
Re: How Old Were You When You Made Your First Million?, And How? by Nobody: 6:31am On Jan 17, 2019 |
Emmaxy9: I love all the comments here and I greet all the elders and bosses here I have my concern Am a sstudent and I need something or anything I can do online that can earn me money and won't take too much of my time
Please help a fellow and God bless start importation |
|