KayCee92:



So you lend money to a girl, a woman of a lot creature you gave a lady .....bros you strong o. More grease to your lending power shaa

ultron12345:
It was Fraudulent staff.
I learnt my lesson never to trust Nigerian staff again, especially with anything having to do with money.
Since then, I only put Nigerian staff in non-sensitive roles. All roles where there is access to company money are given to Indians.

Indians have been incharge for almost a year now and not a single kobo had gone missing. Unlike when Nigerians were incharge, there was no week we didn't experience deficits and shortages and even inflated invoices.

Noel1:


N100k may be difficult to start a major business in Nigeria of today.

Why don't u put it in a fixed deposit account? I think some banks would give u up to 4.5% monthly interest on it. That's like N4,500 interest first month.
Then roll it over and u gain more interest based on compound interest.

Alternatively, u can buy Federal Government Treasury bills.

ThisisIkemefuna:



I have 100k for it. Wow just need something to do to double the money. Not sure what's viable anylonger in Nigeria

ThisisIkemefuna:


I'm not sure there's bike anywhere for 100k o

mrgoodd:

Use the money to buy bike and give it out they will be paying you 2k daily

henrixx:
gbagam. I was in darkness. During that period i spent time reading motivationals.

I realized that these everyday morivationals aren't it. It will tell you never give up or you are almost there. but i tell you my brother theres a time to stop, theres a time to give up and fight another day. It was a dark experience for me.

eventsmallchops:


to always signed a proper legal agreement when entering into business with my money with terms and conditions properly spelled out

ecclize:


The set of people i hate the most are motivational speakers...
they are like pastors... and most of them eventually venture into ministry

ghettochild:

Make I give u sure two odds

Coldie:

This na woman o, no be girl single mother.

The day I knew my money was gone was when I went to her house for the money and she started acting like she want to seduce me, she came sat close to me and started rubbing my body.

I just left her house, but to show u how shameless people can be she is owing me 60k she came and met me to borrow her 40k at once so it would become 100k at once.

Imagine

Authortee:
Was stupid I entered a farming business. I was lured into it after visiting an elderly friend’s farm and seeing him selling hundreds crates of eggs and counting hundreds of thousands of naira. I got greedy and entered the business with doing research. It was the worst business I ever did and within six months, it affected my health so bad that till today, I suffer from this health challenges. The painful fact was my mentor sold me the baby chickens and sold me the feeds and sold me the drugs and gave the workers. The man made insane money from me. Before I know it, 10million naira was down the drain.
My mother even left her own business and tried to salvage the business and lost her life in the process.
The only thing I made from that business was the land I bought for it which is till today still along a busy road. Sadly the land is not even up to 10 million naira in value till today. Most of the time I just tell people, entrepreneurship is not worth it if you are not stealing money from somewhere to back it up like Otedola, Dangote and co. If not you are on a long thing.

Moral: don’t let anyone push you into any business because they are doing well. Most of the time, the successful business man you envy is a smart criminal who will finish you if you fall for this tricks

NGRsenate:
Mine was aggregating and selling locally made shoes.

I got a website, ran ads that ran into thousands of naira. Got my branded shoe boxes and nylons down.

But the thing is MOST Nigerians will not buy locally made Nigerian shoes that costs more than N20k. Even N15k was difficult to sell too.

The shoemakers were always adamant whenever we tell them to adjust their prices and that’s partly because they just make the shoes, put it inside a show glass in front of their shops and put it up on their WhatsApp statuses. I did most of the advertising; Facebook, Instagram, jiji. So it wasn’t their business how the prices of their shoes were affecting running my business.

Another thing is trust. Someone will ask for price and ask me if I truly feel the shoes will last up to a year after paying N25k to buy.

ThisisIkemefuna:
I'm considering mini importation but do not know how viable it is considering that ordered goods often arrive very late and I am using my last cash to venture into it

Jones4190:

there is oo my brother, infact that is my business, don't even go for the one of 100k, look for the one of 50k, buy two and give aboki to be delivery 6k each every week.

ecclize:


The set of people i hate the most are motivational speakers...
they are like pastors... and most of them eventually venture into ministry

hefelove:

Try selling through Jumia. But make sure u have more than 30 different types from there u will get more orders

Noel1:


N100k may be difficult to start a major business in Nigeria of today.

Why don't u put it in a fixed deposit account? I think some banks would give u up to 4.5% monthly interest on it. That's like N4,500 interest first month.
Then roll it over and u gain more interest based on compound interest.

Alternatively, u can buy Federal Government Treasury bills.

ThisisIkemefuna:



I have 100k for it. Wow just need something to do to double the money. Not sure what's viable anylonger in Nigeria

NGRsenate:


Even at that, it was still too expensive. One shoemaker will insist he wants 25k, nothing less and if we add our own percentage the price blows up. Let’s not forget delivery again, the best shoemaker i had was living somewhere after Ojo, 1k wouldn’t deliver from there to us and then to the buyer.

We started with adding 20% and cut it down to a measly 1.8%. Another thing is the quality. There are very few small time shoe makers who actually make solid shoes, very few I promise.

hefelove:
Since I'very lost close to 100k with building a sales page making Facebook advert to sell online around 2013, local man haven't been able to rise again But God dey

majamajic:
everyone is avoiding the topic

if woman fall someone business , how do I write it ?
which English should I use to describe it ?
ahhhh, Angelina !!!

hefelove:

How about going to different companies to advertise? I know someone that does this