Mr. Ayez

Building @fixmeglobal. We make it easy and safe for you to shop local goods and talents.

[Mr. Ayez @az_mboto]

The best way to get good at software development is to start building stuff not reading documentations or watching tutorials but getting your hands dirty and building stuff that people get to use. This same theory applies to business.

[Eunice Ajim @euniceajim]

The best founders don't use the "lack of capital" as an excuse.

They focus on building a business that will thrive in any fundraising environment.

They get creative, they get scrappy.

Because they know one thing:

The best companies are built with or without venture capital.

[Fixme @fixmeglobal]

Please for your safety, don’t do this.

Business owner doesn’t mean you should risk your life 🥹

Tell them to shop from you through the Fixme app 🛍️

We offer free deliveries often 💜

[Mr. Ayez @az_mboto]

This 🗣️🔊🔊🔊

[Osaretin Victor Asemota @asemota]

If you are broke and the first thing that comes into your mind is selling property to make more money, then you are walking on very dangerous terrain. It is not a sustainable way out of the problem of insufficient income.

If you now have to sell the property to pay off debts, then maybe you should seriously consider a career change and give up entrepreneurship.

I have seen former "big men" go through this phase and finally be saved when they open up, and their friends rally around them. This is why African politicians will always support corruption. Their income is never enough to sustain their lifestyle.

This is also what leads to all the bad side deals in the private sector and why they exclude outsiders from their circle.

For those in sports and entertainment, it is brutal. When Davido mentioned that his Dad would send him $300k after a show, I laughed because the man probably knows his burn rate and cash cycle better than anyone.

You can't plan a life around doing one-off deals, but you can plan a life around working with a group of people to generate constant income. The reason the Lebanese, Indians, and others are better businessmen in Africa is that the business groups they form are equivalent to corporations, with proper support and planning.

We have cooperatives, but they don't function the way the Lebanese and Indians in Africa do theirs. Most people in our cooperatives are typically there for emergency loans or crisis support. They don't see them as an active business organization that is responsible for their regular income.

An Indian friend I grew up with was one of the richest people I knew, but was also one of the most frugal. Any fancy car he was driving was usually one that he imported for sale. He was the one who wanted me to buy houses in Calabar almost 30 years ago at 100k Naira each, but I didn't see the value then. He bought several and housed his staff there.

He was always "switched on" and in moneymaking mode, and we did some interesting deals together while he still had his factories selling regular cheese balls and biscuits. That regular income from those factories was sacrosanct. Those were his core products; the side deals were for extra income.

For me, those side deals were my main source of income until my cousin, Lateef Belo-Osagie, made me see the folly of consulting and tech deals. He told me to go and get a job. I struggled with this until I took the course at HBS with @JosephBFuller, who gave us the truth about consulting and services. It was a zero equity game.

Find products to build and sell daily, or join a corporation or group that does. The lawyer guy who kept his 9-5 in the tweet I quoted earlier is very smart because a constant income source lets you plan better. The best business people I know sell something almost every hour. Sometimes, every minute.

If you don't have more income coming in than outgoing expenses, you are definitely going to end up in financial trouble. If you are in a group that does business together, you should all aim to generate regular income by selling products consistently.

Before we were chased away from the POS agent business by those with more resources, my dashboard showing regular income from those transactions used to give me more joy than anything else. These days, it is Stripe. Each sale gives me joy.

[Osaretin Victor Asemota @asemota]

The thing most people will never tell you about wealth is that most wealthy people hardly form attachments to most of their property. Everything is transient. It is that mindset that helps compounding.

A car is meant to be used and sold or kept for sale in the future if it is a supercar that appreciates. Houses are meant to be bought and sold or used as collateral for more leverage. Every asset serves a purpose and if they are not appreciating, they are disposed of.

After I sold a car last year, I noted how much it was in dollars and looked at how much it could have appreciated if I put that money in the US stock market, and I now want to sell every car or every asset that I am not utilizing fully.

An apartment I was offered for £85k in 2007 is now £450 today in Salford. It was a rent-to-buy deal but the problem I had then was moving money across borders. So, I put the money back into the business and lost everything. Rich people don't get too attached to one business as well. It is why they invest and move assets around.

Wealth management is a game of information and access. Keeping liquidity is not because of flexing or enjoyment but for the purposes of multiplication. This is why I cringe when I hear that stupid Nigerian term “Money na Water.” It shows that some people are devoid of ideas.

“Money no be water, money na bullet.” Load your weapon and aim wisely.

[Mr. Ayez @az_mboto]

Money spent wisely will still finish. Cash flow is king and will always be.

[Mr. Ayez @az_mboto]

@markessien What if the person talking is actually saying what is not important 😅.

[Mr. Ayez @az_mboto]

This is a classic example where it make sense idealogically but the economics don’t make sense. E-commerce margins are low and we are still yet to crack its code.

[Favor @heyOnuoha]

Google Maps cost killed my first startup

If your business is not making money in US dollars, then it doesn’t make sense to have the maps feature

We were spending more on the maps api than we we made from our food vendors

I totally understand and support Chowdecks decision 👍

[Favor @heyOnuoha]

Google Maps cost killed my first startup

If your business is not making money in US dollars, then it doesn’t make sense to have the maps feature

We were spending more on the maps api than we we made from our food vendors

I totally understand and support Chowdecks decision 👍

[Mr. Ayez @az_mboto]

The love of money cannot be the root of all evil. Have you tried poverty 🤷. I cannot even get to understand this dogmas.

[Osaretin Victor Asemota @asemota]

Religious groups are the biggest tribes.

[Osaretin Victor Asemota @asemota]

When a black person living in Africa starts talking about left, right, “woke,” or conservative. I abandon them like a bad habit for lack of self-awareness.

[Joseph Brendan @Joe_brendan_]

Not everyone knows how to live.

Some people who are average earners live a higher quality life than some with Billions

I talked to someone earning double digit millions in Naira monthly and told him

You cannot be earning this amount and be eating power oil when you can always get cold pressed olive oil from Lebanon. You cannot be earning this high and be buying palm oil from Abuja market in bottles. Order from a clean producer down south. 25 liters will take you a year at least.

I told him to stop drinking normal beer. There are better malt beers to take or just take clean fortified water.

Even the fish he used to eat wasn't from the river. It's this Abuja chemically boosted catfish that's dried

I advised him on a lot.

You're earning fat. You can afford colonoscopy or vegan diets for a month.. You can pay for medical checks every three months at Turkish hospital here in Abuja

See ehn, the guy was still roughing life like he was still in the trenches. So it's not everyone that knows how to live a quality life sha

[Mr. Ayez @az_mboto]

@JumiaNGHelp support is actually amazing. Yes I was frustrated at first but they even call you to ensure you have customer satisfaction. That’s a brand to work with kudos. Thanks for helping out

[Jumia Nigeria Help @JumiaNGHelp]

@az_mboto Hello Ayezele,

Thanks for contacting us.
Kindly note that feedback has been provided to you via DM.

Do not hesitate to contact us if you have a question or visit our Help Center.

Oma,
Jumia Customer Service.

[Mr. Ayez @az_mboto]

@JumiaNGHelp If someone was responding would I be calling you out here. Fix your issues it’s frustrating.

[Mr. Ayez @az_mboto]

@JumiaNigeria it’s sad that if every-time one makes an order they will need to be running after your support. Most of them are totally confused and have to many complaints they don’t event read. Am already stressed following up. Spending hours chasing just feedback

[Mr. Ayez @az_mboto]

@JumiaNGHelp I have reached out via dm fix your internal issues no one seems to know what they are doing

[Mr. Ayez @az_mboto]

@deygee @Speedafng @shoptemu Already deleted @shoptemu because of this. My cart had 200k worth of items

[Mr. Ayez @az_mboto]

@OkoroJessica8 @Speedafng And they said I should do it God will bless me. Next they marked the order as delivered. All fraudsters

[Okoro Jessica @OkoroJessica8]

Dear @Speedafng if you know you can't deliver your customer products to their doorstep as advertised .... Stop fraudulent activities.. I don't see why a rider will tell your customers to come to his own preferred location to pick their waybill if I wanted to pick up I would

[Fixme @fixmeglobal]

Join us in Uyo, as we unveil Fixme – your ultimate Marketplace! 🎉 Whether you’re an entrepreneur or a business owner, we provide a unique space to showcase your business.
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