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Nairaland Forum / Nairaland / General / Business / What Is Your Worst Business Investment And How Much Did You Lose? (101916 Views)
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Re: What Is Your Worst Business Investment And How Much Did You Lose? by silverline4: 9:08am On Nov 01, 2019 |
I don't know what too say is good reading post like this,now I know am not all alone.i lost 800k in 2017 too mmm and the likes.up till date am still paying debt ,I had to pay one last week after I made the payment I almost cried.i also remember clearly in same 2017/2018 dec_january I started buying coins and icos like davor etc before January ending I had lost 400k(first time I will do internet business without profit) In 2018 I kept my cool concentrated on trading forex since have been at it for long i got an investor who opened an account with a broker which turned out too be scam.we didnt withdraw the proceed for a year it was December that we discovered that the broker had become a scammer and the money inside the account was 1.4m I started with just 1000$.for good two weeks I was in shock I was hoping too use my share of the money too clear part of my 2017 debt now all gone. Let me just say have learnt my lesson and am still learning my risk and losses have reduce greatly this year and I made sure I don't take loan or anything again too fund internet business...I still trade forex am profitable as usual and also have decided too start physical business.Now within the past three weeks many friends asked me what business too go into I told them ur business should reflect ur personality 15 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by PhatBG(m): 8:21am On Nov 27, 2019 |
movetoca:At least you saved your life. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Connoisseur(m): 11:28am On Nov 27, 2019 |
Some one should do a rejoinder to this thread. Let's talk about our best business deals and how much we made from it. 5 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Quorax: 2:12pm On Nov 28, 2019 |
Connoisseur:since you came up with the idea, how about you take the lead hy creating it and reference this one as reason for creating it so that mode can take it to front page to garner viewership ![]() 2 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Quorax: 2:41pm On Dec 08, 2019 |
silverline4: Chai, inside life. I warned people about this MMM back. Then. Even one girl went to borrow people's money but they refused to listen. She is still. Paying that debt till today. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Phil124: 12:28pm On Dec 09, 2019 |
clems88:if na PayPal try chargeback na |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Paulpaulpaul(m): 11:43pm On Dec 11, 2019 |
Connoisseur: On the contrary, this was created as a rejoinder, the main thread was about business success. You can go through this https://www.nairaland.com/4852491/how-old-when-made-first 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Uka15(m): 2:30am On Dec 12, 2019 |
Invested over 200k in hair business. Both buying at onitsha and doing mini import from china. That was my biggest mistake. I entered the business due to heresay. Infact i relocated somewhere else when the business crashed. Investing in business because you saw others doing without proper knowledge of it will be the person's greatest undoing. 8 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Quorax: 5:22pm On Dec 13, 2019 |
Uka15: ![]() ![]() Next time start with 10% of your capital and grow from there. 2 Likes |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Uka15(m): 8:29pm On Dec 13, 2019 |
Quorax: Yes oh mybro. I learnt the hard way. 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by beta247: 1:00pm On Dec 14, 2019 |
sekundosekundo: I really feel your pain. God is with you |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Chidexsco8448(m): 4:32pm On Dec 17, 2019 |
One of d rare interesting threads l read till d end...really worth it my regrets ws when l lost abt #160k to MMM & #85k to crypto online scammers. l hv regained my losses and may all Glory be to our Almighty God iJN, Amen 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by LordFriar: 9:48am On Dec 18, 2019 |
domainsales18: So, did you stop eventually? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by lincsnuel: 9:37pm On Jan 20, 2020 |
I lost 1800 USD worth of btc to scammers. Since then, I haven't recovered. Also did some CAD/CAM work for someone and he paid 30% of the money, the rest disappeared! ![]() 1 Like 2 Shares |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by PattyMike(m): 6:11pm On Jan 21, 2020 |
I have a start up real estate business in USA and Germany even though I have never stepped out of Nigeria. I invested my time, fuel, internet=money cus I live in a new site. Light is not gauranteed, internet has to be with good network providers and time. First apartment was in Berlin, I got it for a Turkish immigrant in Turkey, he promised €2,000 cus of the poor qualifications he has, I searched and fought and tried and eventually got him the place. Babe go see the house, no respond my message again,(before he was always calling me on Whatsapp etc). Second person Mohammed also a Turkish immigrant in (Berlin,Germany) that one was supposed to be €1,500. He called and begged and begged that he needed to feed his family and could only afford to give me €500 next month. Next month came and it was excuse on excuse, this and that, the landlord didn't give him the house again. Later he called and said he was painting and that he'll return my call I said okay, okay Sha lamba me left and right, the only positive thing is that he was very polite and pleading, trying to calm me down. Till today I don't know if he was saying the truth or lying. The last person was in New York, USA. And if you're into world wide real estate, you'll know how difficult it is to find an apartment in new York. Especially with a bad credit score etc. She was a paralegal working with a law firm in New York, 34 year old European woman. Really cool person, the agreement was that she'll pay me $500 for my services. This period after the two Berlin dissapointment I was one my last hope, my last leg. I was literally borrowing money from friends and family to find her this place. Generator was on from morning till night, internet was burning. I got her a place in a week, pronto. She saw the place, liked the place, paid for it and as per agreement was supposed to pay me when she gets the keys. She called me and said he has gotten the keys and would pay me that evening. I done happy dey call all my debtors dey para say why they wan kill me with call, lol. It wasn't only about the money but the realization that I had done it. So many people even my own mother and fiancee said, "you that you have never even been to airport, how can you find house for people that are there and have not even seen house for themselves". Iris didn't pay me that $500 o, especially when she realized I wasn't in New York. She ignored my message, blocked me on Whatsapp, facebook. Etc. I lost about €3500= 1.4 million naira. All this happened between August-november 2019. I lost but I also learnt, now I am very sure with God's help nobody will run off again cus I have set necessary precautions. My mama who said it's not possible is now encouraging me. When I start making steady six figures monthly I will maybe do a course program enlightening it's lucrativeness and steps to take as well as tools needed. I will be a pioneer for this revolutionary means of income utilizing the world's tool, "THE INTERNET". Don't just lose, lose and learn. 15 Likes 1 Share |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by OluwatobiMayowa: 7:51am On Jan 22, 2020 |
.... |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by bukkysam(f): 8:18am On Jan 22, 2020 |
PattyMike:hell good morning pattymike pls can you teach me how to go into this world wide real estate business? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by PattyMike(m): 8:26am On Jan 22, 2020 |
bukkysam: It's still in its birthing stage. I will eventually teach any one willing to learn when it's off the ground and running. 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by bukkysam(f): 9:01am On Jan 22, 2020 |
PattyMike:Alright, thank you brother God bless you |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by bamidele89: 10:41am On Jan 22, 2020 |
PattyMike: I would love to learn to But you can drop your number sir |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by PattyMike(m): 11:11am On Jan 22, 2020 |
bamidele89:Not now like i said to the other person. But my email is mikepatetim@gmail.com |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by brownemmanuel43(m): 1:11pm On Jan 27, 2020 |
PattyMike:baba abeg mention me when u wan start |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by jackson44(m): 1:48pm On Jan 27, 2020 |
teezy001:where in Sango,are you situated? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by teezy001: 10:46pm On Jan 27, 2020 |
jackson44:Singer Bus stop area Sir, after Joju. Thanks. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by jackson44(m): 5:31am On Jan 28, 2020 |
teezy001:ok. |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by airmark(m): 7:17am On Feb 06, 2020 |
Chidexsco8448: Is PSL still paying you? Have they at one time defaulted? |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by Britishcoins(m): 6:09pm On Feb 07, 2020 |
Let me type my own..... Firstly I have lost so much money in internet that was 2017 - 2018.. But the good thing is that my profit surpassed the lost and mostly I have learnt great lessons which has almost made me immune to internet scam... The loss I could remember is investing 70k in one of those ponzi sites... Boom the site closed the next day... But as an internet guru, I created my own fake alert and scam the site owner 120k before he noticed it, it was late... I used the same technique to get fake referral bonus in one ponzi site then called sanctuaryhaven. Com. It happened that the programmers made deadly error in the site, so whenever I register ghost numbers I will be given 1k instantly, this I did for 2 weeks with 5 separate accounts and accumulated the sum of 600k... Oh.... I have never since then fall into any internet scam, I am now proud owner of boutique... Presently my mission on any internet site is to look for any loopholes and take the advantage... I hate nonsense . Every internet ROI is a scam..... . 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by deemakanaki: 5:57pm On Feb 08, 2020 |
Smartlife: don't try it its rubbish 1 Like |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by frank950(m): 8:44am On Feb 23, 2020 |
myk2mic: pm me on whatsapp let's talk. 08176534532 |
Re: What Is Your Worst Business Investment And How Much Did You Lose? by frank950(m): 9:10am On Feb 23, 2020 |
egwekwe: send me your whatsapp number.... mine is 08176534532 you can send me a dm |
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