Why I cannot do POS business?
Greetings!
One of those things I have always loved to do in life is business. It's right from my childhood days that I have had passion for business and in those days, I used to go to the provision shop in town to buy packet of sweet and chew gum to sell to my peers, and the funny part is that, some of them would still their parents money just to buy sweet from me.
So, I have always been a business type all along and even till now, nothing has changed about my passion. In fact, instead of my passion for business drifting and going down, it's like it's getting stronger day by day.
Furthermore, I would say that business has been part of me and vice versa. There's no time in my life I have not been engaged in one business or the other.
Growing up, I learnt how to do business and make profit from my grandmother, a kolanut seller. My grandmother is the kind of person that would buy kolanut at a cheap price and also sell at the cheap price but even at that, she always makes her profit. It's in her act of making profit that I got to have interest in business.
As a person, I have done businesses in my life and I'm still in some of the businesses. It's right from my growing up that I have been known to be a supplier of palm oil to companies using it for cream production, also, I was known for supplying building materials and a whole lot of other businesses.
But there's this business that's in vogue in my area which had been introduced to me several times without number, but because of my lack of interest in it, I have not for once thought about it.
What is the business? This business I'm talking about is the agency banking business also known as POS business. Some time ago, a friend of mine introduced the business to me telling me he's making huge profit from it, but even at that, I have never developed any interest in this said business.
Although I love to do business and make profit from it, the POS business is not actually my type of business. This is because I'm not seeing it as a long term business which I would have loved to do.
Ever since I have started to do business, I have not for once gone for a short term business and for this reason, before I start to do a business, I always make sure I do my research and do my due diligence before embarking or investing my money into it.
Aside from this, people doing business and making it big in it doesn't mean that I too should now go and do the business and ever since I have known that, I have known peace.
Also, the rate at which people were being duped and even killed while carrying out POS transactions was another reason that drew me back from giving it a shot. I have seen people being duped more than they have gained in the business and as for me, I don't think I can bear the uncalculated risk as the only risk I can be is a calculated one.
In conclusion, if there's a business I cannot join people to do in my life no matter how huge the profit is, it's the agency banking business also known as POS. This is because it's not my type of a business due to some of the points I have earlier mentioned above.
This is my entry to the hivenaija weekly prompt.
Thanks for reading.
The picture is mine.
I've also heard a lot of stories about people being duped in POS business.
Everyone should just do what works for them.