I am a very business inclined person. I bought my first car with proceeds from business when I was below 25yrs of age......
I love business and can do several kinds of businesses successfully. I also manage businesses for people successfully. So, give me a personal business anytime over a paid job.
I have a married friend who lost his job two years ago. He has been applying for another job since then but nothing meaningful came out. He took to teaching in a private school where the salary is 45k. He does home lessons to augment the salary while still searching for that dream job.
The main issue now is that his family members suggested that they all contribute a certain amount of money and give to him to start a business (lucky him, I wish I have such a family) but he told them that he did not want to do business, he does not know how to run a personal business and he doesn't even like it. They think he is under a spell.
I know my friend well, business is not his thing. When we were younger, he tried to do several businesses like I was doing but they all flopped. He later got a job in a multinational company and he put in all his time and energy, he was doing well before the economic downturn affected them. He had built a nice house for himself, which makes it easier for him to manage his small income now. His wife works in a small company too
He told me about the offer from his family. I told him to accept the offer and I even suggested managing the business for him but he refused, I had to tell him to follow his mind.
His wife called me some days ago and asked me to plead with him to accept the offer from his family, I told her I will talk to him. I didn't want to appear like a bad person who doesn't want the progress of his friend because deep down, I knew he won't accept it but of course, I can't tell his wife that, she won't understand.
Now, two of our friends have started avoiding him, saying he is not serious, they don't know him like I do.
Stop calling people lazy because they refused to do a side business or go into business fully, this is not right. Not everyone is cut out for business no matter how small.. I told those two of our friends this. They should let him be. I understand his plight and I support him. Would it be fine if he collects the money and the business crumbles in no time?
Some people will say Dangote and other Nigerian billionaires are not working for other people. My dear bvs, not everyone wants to be super rich like Dangote and Otedola, I personally do not want that type of 'rich'.
Ask your friend to collect the money, invest it in Mutual funds and forget it there.
ReplyDeleteHe shouldn’t stop his teaching/home lessons until he gets his dream job.
Peradventure he never does, this investment would have amounted to something tangible by the time he’s old and cannot do paid jobs any longer, then he will start drawing from it for his upkeep.
He can keep topping up the money now and then with as little as 5k.
Not everyone is destined to be a business person jare.
Nice one Chronicles of a Married Man.
DeleteYou are right poster, business is not for everyone. If he collects that money without his wife involve fully in that business, the money will go.
ReplyDeleteAs many that are looking for jobs, God will remember them soon.
Not easy
I understand your friend. He may want to avoid insults from same family members when there is no substantial growth in the business. He is just being honest and I respect that..
ReplyDeleteIt is true not everyone is cut out for doing business but with the disruptive nature of our country, one has to think of diversifying their income. Since you are his trusted friend, he can take the money and invest into your business, you guys can sign a contract and agree on the profit-sharing amount or percentage. Maybe you can chip this in to your friend..
Your first paragraph is everything✅. The man does not want "future insults" and probably thinks if he had done it alone all these years, why get help from "family" now especially since he is not desperate. I believe he also knows his family well enough to reject their benevolence. I'd take a proud (not arrogant) and honest man any day.
DeleteNa money matter dey scatter friendships pass, so I also respect that he'd rather not join [financial] issues with his friend as well. He sounds like a man who knows his strengths and weaknesses and wouldn't take advantage of people's kindness nor his situation. A man like that will definitely rise again.
Owo ni o n ba oju ore je. Please don't do business with your friend who does not want to do business. Resentment becomes automatic.
DeleteThere are different ways to do invest. Stocks, bonds, and in himself. Taking specific online certifications or courses could better position him for well paying jobs or help him become a consultant in his field eho can take up clients instead of the direct business with it's hustle culture. We all have our strengths.
business is not for everyone
ReplyDeletesome people it favours them while others it does not.
Business is not for everyone. But for the fact that if he gets a seed capital he doesn't know what to do with it makes him a bonafide idiot. Stop being friends with him. You don't need such negative energy around you. Anything is business. It mustn't be retail trading. The fact that he is not putting in effort is worrisome.
ReplyDeleteI strongly disagree with your "idi*t" tag. He is not someone to be avoided especially if he does not beg our darling columnist, friends nor family for his basic necessities. Make dem let the man breeeeef abeg. If he had collected the money and squandered it or made a bad investment move now, na still BVs go roast am call am scam like they do those who collected business grants here without feedback. Let him do what he knows best and have his conscience to reward or judge him. I actually like the man based on this narrative. The world needs more honest people.
DeleteA man showing up at work and doing tutorials and extracurriculars is lazy and has negative energy? Classical projection. Because he didn't jump at money without a plan, the writer should leave a responsible man with integrity to come and befriend you Abi?
DeleteI can’t do business too. I just can’t
ReplyDeletePlease try to convince him into accepting the money while you both come up with a business plan, does he not trust you to run it for him?
ReplyDeleteOmo business is not easy, the side business I'm doing eh right now I'm even tires and hoping for my effirts to yield result, and my big break come so I can finally live my dream by God's grace
Not everyone is cut out for business, I would not even know how to start if given the opportunity.
ReplyDeleteSome of us just want to work in a cooperate environs and earn. May God come through for us 🙏
I actually come from an entrepreneurial family on my father’s side, very successful ppl. But I don’t feel the business calling myself. We are all wired differently in life. I get his fear, he has failed many times before, now to take the money of others and possibly fail again will be a greater burden, he is right for not taking their money because it is he who will have to deal with their anger and micro aggressions if he fails. And what they will say then will be a million times worse than what they are saying now.
ReplyDeleteWhy can’t the wife take the money and do the business herself? If she is business minded, then encourage her to take the money and do the business. At least their family still gets to take advantage of such a glorious opportunity.
They said you should talk to him, you would have talked to him first than making excuses for him.
ReplyDeleteThat you know him doesn't mean you know his mind. Talk to him,then come and give us reply.
They said you should talk to him, you would have talked to him first than making excuses for him.
ReplyDeleteThat you know him doesn't mean you know his mind. Talk to him,then come and give us reply.
There is a reason behind his action. This is beyond fear. If he can manage other people's business he can do same for his own.
ReplyDeleteBusiness is not all about opening a shop and having goods in there. The main thing is turn-over.
You have described a consultant. Encourage the family to assist him re-skill and peddle his skills as if he were running an office. Every law chamber, doctor's clinic and surveyor's office is a business, they just don't buy ans sell goods but really sell services. He is one of them but has nit put two and two together.
ReplyDeleteFuck him!
ReplyDelete🙄🙄🙄... seems you are among those that were motivated to "run away from salary", there's nothing wrong with salary if you know how to manage your finances. It actually takes integrity to refuse money you know might not yield what is planned.
Delete