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Nairaland Forum / Nairaland / General / Career / N5 Million Cash Or A 100k Job? Help Him Decide (59926 Views)
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N5 Million Cash Or A 100k Job? Help Him Decide by steveneche(m): 7:24pm On May 10, 2020 |
Help My Friend Decide: 5million Or A 100k Job? A friend of mine just got an offer from his late brother's company few months after his demise. His late brother having been a prominent personality (head of finance) in the company he worked before he died, made the company to offer his younger brother my friend two options.. 1. 5million naira cash or 2. a 100k job per month in the Same company. we need your professional advice pls 31 Likes 2 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by ManOfSteel2(m): 7:25pm On May 10, 2020 |
A lump sum can only do go with an already mapped-out investment strategy that has been test-run and will most likely succeed..... Only an investment savvy individual get to "pull weight" in an enclave littered with corruption amidst very bad economy! If you are not a good risk taker like us, ManOfSteel will advice you choose to make regular love with your bae for 10mins anytime you so desire, than choosing to have a one time sex romp of over 15hours, if such offer is made. 364 Likes 15 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Ezennwa(m): 7:25pm On May 10, 2020 |
steveneche: 10 Likes |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Ezennwa(m): 7:26pm On May 10, 2020 |
hmm! Follow your intuition. 106 Likes 5 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by teegeealiu: 7:28pm On May 10, 2020 |
Let him collect the 5m and set up a business and with time, he'll be making more than 100k a month instead of waiting for over 4 years to make 5m on a 100k per month pay. 474 Likes 14 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by biacan(f): 7:28pm On May 10, 2020 |
Ah collect the money oooo he might work years in that company without saving up to that amount 283 Likes 6 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by phantom24: 7:31pm On May 10, 2020 |
Pls complete this phrase: A bird @ hand is better than a thousand....? 134 Likes 8 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by SageMK: 7:31pm On May 10, 2020 |
If he's jobless, he should accept the job offer. But if he's employed, he should accept the cash. 380 Likes 18 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by chiefolododo(m): 7:42pm On May 10, 2020 |
Collect the money. Look for job elsewhere, go into ICT , TECH skills 352 Likes 12 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by MrMcJay(m): 7:42pm On May 10, 2020 |
Lalasticlala, this is an interesting topic. Front page would give it more viewership. |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by fykes(m): 7:50pm On May 10, 2020 |
5m in this period can buy lots of things... Collect the money. Na only person who never work before will advise him to go for the job offer. Take 5m if u don't know what to do, fix it for monthly return with a micorfinance or cooperative society. Or better still start applying for Germany or Canada visa 322 Likes 10 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Goalnaldo(m): 7:55pm On May 10, 2020 |
SageMK:boss good evening. It's been a while. |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by OsuIgboIpob: 8:10pm On May 10, 2020 |
[s] ManOfSteel2:[/s] Complete senseless rubbish! Just wondering... Are some people born without brains? 282 Likes 14 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Kess2020: 8:21pm On May 10, 2020 |
Better to collect the 5million you can't predict the future of the company in 5 years time. 355 Likes 15 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by SageMK: 8:45pm On May 10, 2020 |
Goalnaldo: Evening boss. It's been a while indeed. 5 Likes 2 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by sonnie10: 9:24pm On May 10, 2020 |
This is a no brianer! #5m. Take the #5M and become your own boss. Buy a Camry of #2m and use for Uber. Do only two trips of 3k everyday for each month and your take home would be around 100k Cash is king. 395 Likes 15 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Thecvbankng: 9:24pm On May 10, 2020 |
This depends on the type of person accepting the money. Picking either option dosen't make one better or less. someone with an investment mindset will take the 5m and make good use of it in the short - middle term. His justification would be, that a bird in hand is better than two in the bush (100k job may not be there tomorrow) Whereas someone with same investment mindset won't mind taking up the 100k job, adjust his spending and in the longer term (i.e. beyond 5 years). His justification could be that having a lump sum of money may lead to bad decisions, so he rather works and earns overtime. Who knows? 20 years later he's still earning his 100k or have even been promoted to earn more. It all depends on what you want. 31 Likes 4 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by NwaNimo1(m): 9:25pm On May 10, 2020 |
Take the cash.........then look for a job elsewhere when you are down to the last 1 Million [img]https://media./images/14016262b3292a323e3cf42fcde225b6/tenor.gif[/img] 131 Likes 8 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by travelland(f): 9:25pm On May 10, 2020 |
5 million cash start farming business 38 Likes 4 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Honor10: 9:25pm On May 10, 2020 |
5 million cash now, how many years will he save before he will make that 5million from meagre 100k salary. With that 5million, he can establish himself and make double in 2-3 years. 81 Likes 2 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by themonk(m): 9:25pm On May 10, 2020 |
Na question be this? A bird at hand is worth more ten bush meat in the bush. This bird sef come big. 48 Likes 3 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by eagleonearth(m): 9:25pm On May 10, 2020 |
Hmmm. I worked for almost 6 years as a graduate before seeing the light of self employment. The only but here is whether OP's friend has any entrepreneurial intelligence to appropriate the 5M. If yes, before the end of this year he will not only forever bid poverty goodbye but also better many people's lives. But if no, let him go for the 100K job and keep wasting his days on 8 to 5 because he will lavish the 5M and be worse than he was before receiving the bounty. I rest my case. NB: self employment is sweet if you got vision and corresponding capital. 50 Likes 6 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by nikjaneTAILORS(m): 9:25pm On May 10, 2020 |
3M IS EVEN OK FOR ME THAN 100K JOB I CAN PROVIDE JOB FOR MYSELF AM A TAILOR AND I MAKE AT LEAST 150K AT LEAST B4 CORO AND MY BUSINESS IS NEW 2.5 YEARS OLD I LOVE ANYTHING INDEPENDENT AND AM AN HARD WORKING PERSON SO I CANT AFFORD TO BE UNDER ANYONE ABEG MEANING SOMETIMES I DONT SLEEP AT NIGHT WORKING UNDER SOMEONE AT TIMES MAKE YOUR BODY AND BRAIN LAZY THE ONLY THING MOST YOUTHS NEED IN NIGERIA IS STABLE POWER SUPPLY ....we are not lazy as claimed so in my opinion tell your friend to collect the 5m , you cant predict the future of him or the company conspiracy can make him lose the job soon especially if he is doing impressively 62 Likes 8 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by kolafolabi(m): 9:25pm On May 10, 2020 |
100k |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by omonla10(m): 9:25pm On May 10, 2020 |
nothing like being ur own boss.. with 5m ure more than a boss 25 Likes 1 Share |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Fuckkthemod: 9:25pm On May 10, 2020 |
500k job |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by tasceige(m): 9:25pm On May 10, 2020 |
It would take 4 years and about 2 months to make the 5M from the 100k salary. Meanwhile you might not even be able to account for the 100k at the end of the month because of expenses . Biko gimme the 5M..that will put enough on the table every month till life time.. ENTREPRENEUR things!!! 39 Likes 4 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by chii8(f): 9:25pm On May 10, 2020 |
5million cash,ever heard of a bird at hand? 17 Likes 2 Shares |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by pansophist(m): 9:25pm On May 10, 2020 |
5m |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Wiifesnatcher(m): 9:25pm On May 10, 2020 |
5m. let's him go into frozen food in wholesale price, direct from apapa wharf to Warehouse cold room 100k job won't solve anything 11 Likes 1 Share |
Re: N5 Million Cash Or A 100k Job? Help Him Decide by Nobody: 9:25pm On May 10, 2020 |
steveneche: 5 million biko. Cos you're not sure of job security as anything can happen. Just like covid 19 made a lot of people lose their jobs unexpectedly. Let him go for the uku ego, and start a biz fast. 30 Likes |
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