Every single day I visit the business section here on nairaland, It's either I find the crew who have money but don't have a business idea or I find those with business idea but lack money.

Whatever crew you are, please never start up a business if you're not dogged. That business idea might appear rossy in your brain until you start it up in the real world.

I started up a business barely a month ago and I'm almost loosing my mind. Is it the sleepless nights(sometimes working from 1am-7am) I'm going to talk about or the failed projects or the rude customers or the unnecessary but compulsory expensis or the pressure to give out the best at all times or the uncertainties.?

Hehehe...Because of business, I am now a professional Liar. Lord have mercy!

Now I know why most businesses don't last long. Not everyone is willing to go through the stress.

I now respect Dangote, Otedola, Adenuga, Jim ovia, Tony Elemelu...they are many

Your business will break your heart so many times. (I'm heartbroken at the moment)

Please if you're not dogged, don't think of starting up a business.


If you have started one, never back down. If it gets tough, you too get tough. In the end, you'll succeed.


I have made up my mind to continue to press on. No going back



My respect goes out to all business people.

mhem bros. my own nah. moneh o

customer no trusy us again. nah POD DEM WANT ONE SELF DEY OWE SHE NO WAN PAY

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emperorblog21:
mhem bros. my own nah. moneh o

customer no trusy us again. nah POD DEM WANT ONE SELF DEY OWE SHE NO WAN PAY

Na naija na, scammers full everywhere. Nobody trust anybody again. Baba switch go POD oo. Without that, customers go run. Think and strategize on how you fit do POD effectively.

Onnasucs1:
Na naija na, scammers full everywhere. Nobody trust anybody again. Baba switch go POD oo. Without that, customers go run. Think and strategize on how you fit do POD effectively.

nahso o my broda... i wan register with GIG if i get money o. nobody to trust again. nahso dem wan chop my money run

I have a very funny and annoying case I'm dealing with right about now.

A company contacted me to design calendars for 2019 for them. After 2weeks of designing and countless tweaking plus product photo sessions, it got to the print stage and I suddenly the company said they can't pay the amount I requested for the print job.

I said OK fine, this is the soft copy of the job, get a printer to do the printing for less than what I offered, they went ahead and printed elsewhere even though the manager later confirmed they paid more for the printing compared with what I offered.

Now, the issue is this, I need my money for my intellectual property and time put into the design for calendar that they have already shared to their customers. To my greatest shock, I was told I won't be paid a dime.

What is their reason for not paying me? That I wasn't the one that printed the job, hence I won't be paid for the design. Like wtf are they talking about.

I'm already getting legal advice on how to recover my money from them.

Starting up a business ain't child's play people. Perseverance will surely pay in the long run. Stay focused, don't give up.

lol, month don end about 4 staff dey wait for their pay, for the past few months we started we've been paying them off our pockets, the business cannot pay them yet, this month I just dey look them as money no even dey. I've been brainstorming on how to enlarge the market. Abeg Any marketing gurus to advice us on how to enlarge the customer base? money no too dey for ads

As long as you don't quit there is still hope.

Bam speak

Isoright

OK nah

Ok

Wonderful thread. Spent over 4m to set up my supermarket business about two years ago. Till today, am still battling for stability. It's been one loss after another. Now am heartbroken because of expired goods totalling about 200k. Even people owing me don run comot

True

Wow

Tell them!


Start your business website Today at a cheaper price. Check my signature for my contact.

True talk.
With my 14 year experience. I concours with u. If it get tough u get tough. U will see all manner of gibberish. But las las na u go win and smile to the bank.

OP are you for real ? Discouraging people to start up a business just because yours didn’t moved well ?

You forgot that everything in this world depends on your luck and star , that its didn’t workout for mr A doesn’t mean its will not workout for mr B


By the way business is not for everyone!
You can try something else abeg !

Why not share your business idea so we can help you re-strategize so as to ease the tough time you facing.

Every business needs good strategy to succeed

No pain, no gain!

Some have food but cannot eat. Some can eat but have no food.

My broda business is not for everybody. First you must lear how to understand people if not you will lie till thy kingdom come. Second don't start business on your own you must learn the ropes from someone successful in that biz. I am sure you want to be boss in a hurry. Sorry it doesn't work that way. Even dangote had a mentor dantata. Peace out

My brother, business is not for the faint hearted. if you can't stand pressure and headache, then don't go into business.
I was at park today to leave for Ilorin from Jos only to get serious disappointment

Starting and sustaining a business in Nigeria is herculean task.

Some of the challenges:

Workers
Electricity
Multiple/illegal taxation
Capital
Lack of experience

My candid pieces of advice:

Don't start a business with big money. Start small even if you have the money. Learn from biblical little beginning story.

Don't employ workers you cannot sack (family members, friends, etc)

Don't leave your business without close monitoring. Most Nigerian workers especially low cadre are thieves looking for what to steal

Don't eat from young business. Be prudent and reinvest any profit.

Don't expect (big) profit at early stage of the business

Don't obtain bank loan at early stage.

Don't treat your emploees like slaves

Don't owe salaries

So so true.
Running a business is not easy.
I have made up my mind to invest in landed properties and buildings alone, or keep the money in the bank.

You just gotta take the risk.

B

Choose wisely my people

Learning

You are very correct my brother. I have been keeping on for about 1 and half year in my business and it just keeps getting tough with each day. I started feeling chest pains since the beginning of my business. Sometimes I cry so hard in the middle of the night . Sometimes all roads seems like they are closed and you just feel like quitting altogether. business world is a tough world and indeed it is not for the faint hearted. I won't advice anyone not to start up a business but I want you to be sure of something, you are going to fail many times and go down to ground zero. Only God and persistence can get you back up. Some people get back up while some never will. It takes a lot of effort. That is why we all are not billionaires. Life is definitely going to ask for a bargain before you become successful . Be ready to fight hard with the realities of life. Business world is indeed a fight to finish . There is never a moment to relax cos time and realities can sweep you off your feet. God bless all the successful business owners out there. I hope and pray to become successful soon. May God help me.

Heartbreak is an understatement.

Near-suicide experience is more like it.

When you invest your life-savings in a business and it's gone down the drain upon how much you incubated the business, that's near-suicide experience.

Business risk is for tough people. My utmost respect to self-made business women.

Note: Church business is not included

NwanyiAwkaetiti:
You just gotta take the risk.

Not always fruitful most times...So many people u see doing nothing have invested in one business or the other, but everything went down drain. I will advice graduates to think properly before investing in any business....

ok