NewStats: 3,265,513 , 8,187,036 topics. Date: Sunday, 15 June 2025 at 12:49 PM 3s1u6u

No it's not Ponzi, but something else. And you need to be aware.

It's not even gambling.


It will shock you to know that Nigerians have lost more money in small businesses than in Ponzi schemes.

Yes, I was shocked too when I saw the data.

8 out of 10 businesses are a failure in Nigeria.

Only micro business thrive at a 50 percent success rate.

There is a list of small businesses you should never get into.

On the surface, they look like they work, but if you venture in you will realise that nothing dey work.


Just watch this video for more.


https://www.youtube.com/watch?v=ZSVjYA5h_xI?si=e6KLBeq85bCAd4fE

Smallpikinshit:
I mean site.

I don't sell to sites. I sell to physical publishing houses.

The pay is small but sure

Smallpikinshit:
Where re U selling it?

Lagos, Kano, ibadan

Many people still reach out to me begging for writing jobs.

It weakens me because writing jobs are in abundance right now.

I even made a video which is on my signature, detailing how to go about it, but people don't want to watch so that I will not earn from YouTube ads.

They prefer to stalk me on WhatsApp for me to tell them everything that I made a video about.

I can understand when I watch the video and have questions.

But when I have not watched the video, and you want me to summarise, you make me laugh.

Why didn't he check my signature before going to APC

Good one

I'm glad a.i is here.


You can make money as a ghost writer.


I just made 150k using chatgpt.

I'm using grok right now. I want to check how smooth grok is compared to chatgpt.


If you want to make extra income without any initial investment, then try ghostwriting.

You are not buying any course.

Just watch a video and that's it.



https://www.youtube.com/watch?v=HakTCwnzU_I?si=f_bvILXXt4AM_ejD

binary123:
they don't have plans for 3yr, maximum repayment schedule 1yr

U don't understand English.

I can tell that u won't do well in the business already

Phabulous4:
Use some of the loan money to buy Sniper and keep it by the side! You might need it after six months or one year!

Here’s the reality: no business will yield returns that can match the interest rates on those loans. Planning to default is another unwise move! Na your family go later repay that money, after compound interest has done its damage over two years of default plus the possibility that frustration go don unlive you by then.

Here’s what will likely be your reality after those two years: no job, no business, heavy debt, and constant calls and messages from the loan company every five minutes raining curses on you and your entire generation. But at least you go still have the Sniper if you listened and bought it now.

Ire ooo! We love you, but you ehn... when we meet again, we go sing, “No, no!!” 😄😄😄😄

Lol.

Some people talk because they have something to say.

Others talk because they have to say something.

Loan apps that will be begging u after 6 months to try and pay something.

Some apps like branch even give u a discount on your interests.

Dey play.

It is cheaper to default on loan apps oga.

Which one be sniper for 1 million

binary123:
Thanks you all.As it stands now, my business is not growing because of the remote street were my house is located
The money I'm making is only for feeding because of low patronage, how long should I continue like this that is the reason I am considering taking the loan which is the only alternative
I'm good at the business that why I need to get a shop at a densely populated area, my thinking about the interest alone scary, but I don't have an alternative,I may risks it

Don't borrow for laundry in a new location.

Borrow the money for something more lucrative.

Don't be in a hurry to pay back in 12 months.

Plan to pay back in 3 years.

Make up ur mind to default on the loan and u will have peace

1. Cleaning services.


2. Waste recycling


3. Goat farming.

Versitee:


Thank you sir for this.

I already made enquiries, but a good grade of fairly used keke na pep in Uyo is from 1.5 million naira.

Oga ask around. Make movements, u will find keke of 1.1m.

U are even in Uyo. Better.

Buy an oven 350k.
Learn how to make scone bread. (30k is enough)

With 200k, you will get flour, sugar, butter, milk etc.

Start production and move around supplying to shops.

I hope you know that every shop in Uyo sells scone bread.

That is the easiest thing to do and your 1.1m will be more than enough

Versitee:
I qualify for a loan of 500k on one loan app, and another 450k on another loan app.

I have 150k savings too from my teaching job.

All the money put together is 1.1 million, please what can I do with the money. I need a good business idea.

P.s

I know the loan app rate is too high.
I have already made up my mind to default.
I will pay the back in 24 months.
So just give me a business that will be profitable by then.

It is a good thing that you know the consequences of loan apps and you have already made up your mind to face their threats and defamations.

If you can make the money up to 1.3 million,

Use that 1.1million to get a good grade of fairly used keke na pep.

The remaining 200k will be for miscellaneous.

Ride the keke like your life depends on it.

Make sure to save 100k monthly.
Drive for 3 years.
Then diversify into agriculture after 3 years.

CodeTemplarr:
small business mostly to be honest. But loan app will digest your profit ooo.

With all due respect, your are not making any sense.
The op needs solution not precaution.

He needs a business idea.
There is no business idea that is called small business.

Tell him the kind of small business to invest the 150k as you are against the loan app.

Stop caging others with your fears.

Hjj

I read a kidnap situation in the state yesterday. Is he not supposed to be meeting with security operatives?

cutiejazz1:
Good day wonderful people on nairaland. How are y'all doing? Straight to the point... I want to know what business i can startup on a low scale with 50k(shop excluded). Was thinking about phone accessories but dunno if it's still lucrative in 2025 like it used to be back in the days. Please your inputs would be greatly aprreciated as the shop i rented have started it's countdown. Thanks in anticipation as i await your swift responses.

Buy 3 small white plastic pails with cover.
Buy flour, oil, salt, baking powder etc.
Make buns
Put in d pails and drop with POS people.
Give them something from ur profit.
Rinse and repeat.

Or buy carton

I know this is just day 4, but our people say a child that will be good will start showing promising signs from a tender age.


Last day of last year, I made some resolutions, so far it is going good.

From 31st December last year till today, I have not tasted any carbonated drinks. Just water and fruits. I hope to keep this up to at least June.

I have been eating once in a day. Only lunch.
I am trying to lose weight, but so far, it seems I am gaining weight. I am beginning to have doubts about this meal skipping.

No junk! Yea!!!
No Pizza, sharwama, or....
Hell no. I àte meat pie today oooo. That's bad, but we go again from tomorrow.

Praying 6 hours daily. I have been doing that. The work of the ministry depends on prayer. Too many possibilities to birth in the place of prayer.

Airtime borrowing: i think I need deliverance on this one. Even if I have cash to buy airtime or data, my first instinct is to borrow.
What kind of life is this?
I have borrowed 7k already this year. In fact let me pay back now.

Exercise: for wia. The only time I exercise is when I'm prayer walking for 6 hours. That should count as exercise na.

Investing properly: last year, I lost 600k to a palm oil deal because of negligence. I also lost 150k to a friend who sweet talked me into partnership in barbing business.
The funny thing is that yesterday I still have him 300k for another deal.

I am just hoping there would be no stories this time.
But I read somewhere that if you make an investment and rely on just hope for the investment to succeed, you have already failed. I also heard that hope is not a strategy.

Me I don't care ooo. I am hopeful. In this case, hope is my strategy.

Social media: I have not spent up to 3 hours on social media this year. (Where is the time)
And for the firat time in a long time, I feel free from the toxicity of social media, I feel free from the anxiety and laziness social media imputes on people.

Work: I have done no work o. I wonder how Paul used to combine ministry and work. It's just day 4 anyways.


So how about you, how is 2025 so far

givedemwotowoto:
Emphasis on FREE WORLD not baalablu world where you get arrested for free speech

When they come for u, no run o

Yesterday 29 December 2024, the news of the demise of Jimmy Carter the former US President, travelled around the globe.

World leaders and influential figures have sent their thoughts to all those mourning.

The name Jimmy Carter might sound somewhat unfamiliar to some Gen z's. Even some millennials who are enemies of current affairs will not know him.

That is why this video is important.

Here are 4 interesting facts about Jimmy Carter.

The video is less than 4 minutes.


https://www.youtube.com/watch?v=QEGRwSckKTc

JFT24:

Guy was trying to tactically reducing competition

I swear

No be lie

Gadafii:
Adviser don finally emget advise.

This is verydarkman fighting fraudsters commiting fraud 😂😂

Looking at your monika and your comment, i cannot stop laughing

Lalami3232:

Social media and hypocrisy na 5 &6

Very true.
If u no dey careful, u go for nothing.

Videos of this young man have been circulating the internet after he was given a heavy beating for stealing.

It is actually unclear what he stole and how he was caught, but it is interesting to note that he was caught after making a dance video which was to serve as a caution against stealing.


https://www.youtube.com/watch?v=KYGyBgy5Fto

cutecommend:
Practice what you preach.

Exactly

OKOATA:
He's the one, he only changed shorts, just ironical the shirt he wore has a swollen eyes like him.

I didn't even see this

The internet is getting wild following the video of a young man who was caught stealing after he had warned people earlier not to steal.

Walkie talkie covers the event in details.


https://www.youtube.com/watch?v=KYGyBgy5Fto

Melagros:
COMRADES, Nigerians are in deep trouble, today building collapse, tomorrow economy collapse the day after tomorrow human must collapse or something terrible will happen to them, what is going on?

National grid sef dey warm up for collapse