This is why 90% of twitter complain that they bought bike/bus for someone to ride and bring returns but they end up running at loss
I remember consulting with one of my dads friend on this issue, I found out;
- there was no proper business registration
- no written agreement;🧵
People think being professional and having structure are only meant for people who work 9-5 jobs. You can’t reach the top of any field without these two qualities. Whether you’re a creative, influencer, or business owner, if you don’t have them, you won’t make it.
Before entering any business, partnership, or investment, ask yourself:
If things go perfectly, do we know how profits will be shared?
If things go badly, do we know how problems will be resolved?
If the answer is no, you need structure before anything.
A thread🧵;
A case of bad debts, failed investments, breach of trust and agreement is floating on the TL right now to the tune of 6million> in losses.
In the quotes I’ll explain why cofounders, businessmen and investors need legal structure and what structure they need before commencement🧵
You don’t want to become the next timeline case or the next investor to register in the loss column.
Dm me “TTGLEGAL” and I’ll send my business advisory Manual at no cost.
A case of bad debts, failed investments, breach of trust and agreement is floating on the TL right now to the tune of 6million> in losses.
In the quotes I’ll explain why cofounders, businessmen and investors need legal structure and what structure they need before commencement🧵
@TamiloreAdewuyi Not gonna lie, regardless of current circumstances, it’s very important to keep tabs on your property to know if there are ongoing breaches to your right as the land owner. Nobody knows tomorrow, the land might times 10 in value
At a traffic stop, we were flagged for not having fire extinguisher on us. Instead of us paying 3,161.25 via remita as stated,they seized our license and told us to come to Eleyele(1hr drive);Which is illegal as confirmed by the FRSC ACT, Court of Appeal and dailypost publication
@claracrocs Have the customer sign an agreement. Or have someone prepare a delivery agreement for you that you can give customers to set terms and protect yourself
@MrOlibaba To be honest, this is really the backbone of most companies. You can be the best lawyer, but you won’t eat if you don’t know how to run a good business.
@followlasg Wish other states will take initiative from this. Year by year, number of people that can afford their own real estate is reducing drastically