August 11, 2017

He Dropped Out from College, Became Homeless and NOW a Billionaire - Ronald Nzimora Shared His Experience

From Bill Gates to Mark Zuckerberg, Aliko Dangote, Femi Otedola, Oprah Winfrey, Folorunsho Alakija and so on - all these billionaires have story to tell about their success. It was not easy as many may think, I always tell people "don't ever envy anybody if you are not ready to pass through the same thing they went through" because no glory without a story.

I know many of you have heard about Bishop David Oyedepo how he started his ministry with nothing but today he is the richest pastor in Africa and one of the richest pastors in the world.

Oprah Winfrey has lived a childhood, which included sexual abuse, utter poverty with barely hand-to-mouth earnings from a farmland. She is now worth $2.4 billion.

Steve Jobs was the adopted child of a working-class couple, who could barely afford his college. And look what the man has done! Even after Steve Jobs is gone, his innovated technological devices continue to engage and fascinate.

Frank O’Dea - The ‘Coffee King’, is well known as the co-founder of Canada’s largest coffee shop chain. You would be surprised to know that he spent his 20s living on the streets, where he could barely earn to afford a cup of coffee.

Roman Abramovich, oil and aluminium tycoon lived the life of a poor orphan when he was just four. He once made his living by selling plastic ducts from his apartment. Today, he’s worth $11.2 billion. 

Many people have great ideas but they lack capital to start their business, although some say that if they don't have up to 100, 000 or 500, 000 they cannot start a business and this believe made lot of people to remain in poverty.
Today, am going to share experience of one of the top internet marketer, mentor and a coach in Nigeria with everybody, I was shocked when I read his experience how he started his business with just =N= 960 and today is a top Internet Marketer, he has his own office, car and comfortable house. 

Ronald Ikenna Nzimora is a CEO at Profit Marketing Systems Limited according to Ronald " Profit Marketing Systems Limited's goal is to create outstanding products and delivered unrivaled customer service.

They have strong believe that a business exists for the following reasons:

1. To fulfill the desires of its customers.
2. To make a profit.
3. To make a positive change in the community it operates in.

You can also follow his strategy to start your own business, he believe you can start business with whatever you have, read what he wrote below.

READ: Five (5) Ways To Turn Your N50,000 To Whooping 1Million Naira or More In Three Months In Nigeria

How I Started My Business With Just =N=960, A Borrowed Laptop And Lots of Faith

“In 2008, I was a completely broke with just about =N=1,000 to my name, fighting about depression exacerbated by suicidal thoughts. I had left school without finishing, had fallen out with my father because of the school thing.

All my family member told me deciding to start a business rather than look for a job was crazy, including my younger sister who had a job at the now defunct Intercontinental Bank. She was gracious enough though to lend me some =N=5,000 which I spent as registration fees on a seminar at SADC learning Information Marketing.

After the seminar, I had borrowed an additional =N=7,000 from a distant cousin and ran an ad, which I thought would make me a gazzillionaire. The ad bombed, it made just one sale of =N=1,500, at that time, I had left home and was living in an empty house, with no doors and no windows, somewhere in Festac Town. All I had to eat was garri, and I drank it most times without sugar, straight from a paint bucket I had to wash out the paint.

They say when you're unfortunate, it means you have sunk really low, at that point in my life; I couldn't have sunk any lower.

The only hope I still had was for some silly reason, I believed things would change. How I had that belief, I don't know. Plus that =N=1,500 sale made me think, if someone in Nigeria, believed in me enough to buy what I was selling, maybe, just maybe, I wasn't crazy after all.

But I was desperate, very desperate, each day I was spending out of that =N=1,500 and each day, it got smaller. If I spent it all, I reasoned, I didn't know what else I was going to do. So I had a brilliant idea.

I went to my Sister, borrowed her laptop, went to a cybercafé, spent =N=1000 buying 1 hour time, and downloaded all the free internet marketing and sales books I could find within that time. If it had an interesting title, it was getting downloaded. Then I went to Ojo Alaba International Market, I bought 100 empty CDs for =N=500, 50 empty transparent plastic CD covers for =N=1000.

I then burnt all those books on the CDs and by CD 48, the DVD drive on the laptop stopped working.
Then I typed out the most intriguing book titles I downloaded, designed it in Microsoft Word, and duplicated it in 4 parts inside one page. Then I paid =N=50 to print the page and another =N=40 to photocopy it in ten places.

Then I took a scissors, cut each page in fours and inserted them into the CD plastic covers with a burnt CD each. The next Monday, I packed all 48 CDs into a nylon bag and went to a seminar venue and waited.

During break time, as the seminar attendees stepped out, I started showing them the CD and offering them for =N=1,000 each. By the end of the break period, I had sold 42 CDs, making =N=42,000 in cash.

"And From That Day Everything Changed"

I then created a new info product, set up a website for it and advertised it. Sales poured in, then I created another, and another. Then I was invited to SADC to speak at their next seminar, (I had written the sales letter for it and gave it to them for free). 700 people were there. Before going, I wrote another sales letter for an event I was planning with my friends Samson Olatunde and Paul Oghoghorie. And using the earlier formula, distributed the printed sales letters there. 300 paid attendees showed up at our event.

Then I did more events. Then I started my marketing consulting company. Last year alone we sold over =N=5 Billion Naira worth of products for our clients via our company. Yes, that's =N=5 BILLION.

Not shabby for something that I started with around =N=960. Today I have a Cushy Office, I ride an SUV, I live in a Private Gated Estate. I travel the World.

What's my point? HUSTLE!

When I started, I didn't have a lot of options. So I worked with what I had. I went out and did what I could, and I grew from there. I wasn't worried about what people would say. I didn’t bother about shame. I couldn't afford to run ads, so I went and sold my CDs BY MYSELF. I stopped hiding behind a computer screen, feeling safe and lost in that tiny world”.

He continued by advising every business owners especially the importers not to quit their business no matter what they are passing through.  Read his advice below.

“It is fine to quit something if you have tried everything and it is not working. But when it comes to delivery companies, do people try everything?

Everybody knows delivery companies in Nigeria are shit. Yet many people still make great margins with them. If you sell physical products, you know this. We do. So we have come up with our own elegant solution to the problem: which is to set up our own in-house delivery company, that delivers only our own products. We are buying vehicles and hiring riders.

READ: An Advice on How to Conquer The Shipping Monster called KOS - by Bimbo Glory

If you're having a similar problem, you need to do either of two things:

1. You can change the delivery company.
2. Set up your own delivery system that you control.

And before you say, "Ronald, you can do Number 2 because you have money", let's stop with that excuse right this minute, because you see, you don't even have to start buying vehicles immediately.
How about selling only to residents of Lagos and its environs and doing the deliveries by yourself? If I didn't have money and delivery companies are messing up my deliveries, I would find =N=3,500 print a T-Shirt with my business name on it, enter a bus and do my deliveries BY MYSELF.

It's called HUSTLE! 

If you want your business to thrive, you do ALL IT TAKES to make it happen. But what if you don't live in Lagos? What if you live in Kaduna? Well, why not keep in touch with your buyers in Lagos, then travel down to Lagos by bus once a week and do the deliveries?

Is it hard? Yes! Is it inconvenient? Yes! But my friends, it's the price you have to pay for your dream. You do that and you save up so you can have the funds to do it easier later in the soon-to-come future.
Most Internet Marketers just want to hide behind their computers and do next to nothing while money rolls in because they have been so enamoured with the glitzy rich lifestyle.

Sorry, but that is bullshit. if you run a business, and you want it to work, then you DO EVERYTHING REQUIRED by your current situation to make it work. But how many people will do it? Almost zero, because we don't want to get our hands dirty.

Today, I still go out and sell, I still call events and ask them to take me on as a speaker for free. I still will distribute printed marketing material if need be.

I do not care about shame. I am hustling, and marketing and making money.

He also reminded everybody about the event that is coming up next year on social media titled "Social Media Week". He is willing share his experience with everybody, he want to inspire our generation in this event but they haven't send him an invite yet. 

Ronald is a well-known Internet Marketer who has touched thousands of life through his products and his youtube channel -  I would encourage everyone to go to Social Media Week  and type in his name "Mr. Ronald Nzimora" and click on SUBMIT. Once enough of you send his name to them, I am pretty sure they will invite him.

Kindly use the comment box below to share your own experience. We also love sharing, thank. 

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  1. Thanks for this info, you open my eyes to great thing today.

  2. This is very motivating, I believe one day a story like this will be written about me.

    1. I believe in you Charles, all you need to do is to be focus and work smart in your business.