‘In my business, you must persevere to reach pay day’
@LatifatOpoola Karl Nnabuike Eke is a real estate consultant, who started his business, Karl Nad Limited in 2014.
In this encounter with the Daily Trust YOUTHVILLE, the consultant said in the three years in the business, it has been profitable but requires much perseverance.
With the current economic challenges in the country, housing business is not as profitable as before, but he tries to diversify into other businesses including vehicles sales to sustain the business.
Eke said, “I started with basically nothing in terms of cash capital, but my focus was to build the intellectual capital needed to start and sustain the company under the tutelage of my professional.”
On the profitability side of his real estate business, Eke said, “There is no specific turn over. It is all about how much God has destined to give you for that season.”
The young CEO said he attracts customers online by having “very serious online presence where our clients find us.”
The other challenge his business faces, include overzealous buyers with high expectations but no money to pay for them.
“We tend to meet people with anticipation rather than funds; those who make serious enquiries without actually having the money to buy or rent the property,” he said.
The employer of two warned that youth must always look beyond being employed and be entrepreneurs of their own.
“They should learn to do things that generate income themselves,” and also possess integrity as it is the key to success in any business.