@thebusinessscar: TRUST CAN BUILD A BUSINESS. BUT TOO MUCH CREDIT CAN KILL IT. After 25+ years in business, this Lagos businessman shared one lesson many entrepreneurs learn the hard way: never give out credit beyond what your business can afford to lose. You may trust the person. You may understand their situation. But when things go wrong, sympathy won’t put your working capital back. Give credit, but never let someone else’s debt become your business’s problem. Would you give credit to someone you completely trust if the money could hurt your business? #BusinessUnfiltered #TheBusinessScar #BusinessLessons #Entrepreneurship #creatorssightinsights
Don’t limit yourself, don’t think you can’t make it
2026-08-28 15:14:24
55
Sunnyvale :
I don't give credit more than 50k to regular customers
2026-08-28 16:44:04
13
Okogbuo Blessing :
omo no credit today come tomorrow, person go dey para for you on top your own money
2026-08-28 19:06:20
22
Big_Sam :
Omo that's what am going through now I pray it doesn't bring me down 🙏
2026-08-28 16:23:15
13
Young Billionaire :
Do more interviews bro I love this
2026-08-28 14:52:34
14
BUILDRIGHT_TOOLZ :
Don’t give out credit beyond ur capacity gbam………. But me I don’t even like to sell credit at all I learn from others mistakes
2026-09-07 20:16:38
2
Asabacarguy :
instead of asking what mistake that almost cost them their business, why not ask " what's one biggest mistake you see people make in business"
2026-09-05 06:48:00
8
pamela_organic_skincare1 :
I don't sell on credit again 🥺
2026-08-29 14:34:32
1
Capstonmax :
I made a mistake that takes over 3 years to recover back , I borrowed loans from different banks like 3 million some 5 million I go through hail to pay back at time I was thinking to run 🏃 away and leave the business because of bank loans I no longer sleep again 😅
2026-09-02 18:03:34
0
Prince Ade-Chameleon :
I have learned my lessons the hard way.
2026-08-30 09:46:34
2
kizito Nelson :
Omor if you see how you go Dey call Dey beg ontop you own money omor eeh say no to credit no matter the trust
2026-09-10 18:51:01
1
Ifeanyichukwu :
in summary don't give out what you can't dash out.
2026-08-29 10:02:13
10
justme :
to me credit doesn't pay at all buy the little you can afford and grow it step by step
2026-09-02 09:45:08
2
AKACHI MARBLES & INTERIORS :
You could sell goods on credit and still become the bad person when you try to collect what you're owed. It just doesn’t end well most times, no matter the relationship with the customer. Just don’t give out what you can’t afford to lose. 🤷🏽♂️
2026-08-29 03:24:52
7
Wig_by_christabel |OSUBI | :
Tooo real never give out credit
2026-08-28 15:35:54
3
GT Global... :
Don't Limit your self!!!! this is the word....
2026-08-28 19:07:33
3
@The Auracle 👁️🗨️✨ :
my opinion... given out credit isn't that bad, like he said too much of it is bad
2026-08-31 11:01:55
2
Ibe Nwokolo :
person way I buy market from for over 5 years no dey give me credit infact Na last week she start am...but no checking😂😂
2026-08-28 21:31:24
2
CHIDIEBERE 🤴 :
ladies and gentlemen, we have our own NOW!!! 😎😎...
2026-08-28 18:10:55
1
Perfume vendor in kogi/Dija :
me wey sell credit for person at the end she insult me join 😂
2026-08-28 20:33:12
2
Vinco global Resources :
i give out my company Good's on credit, and the guy Use they money to do berrie, I lose my job because of that
2026-08-28 18:46:40
4
lifestyles/printer/branding :
fact 💯💯
2026-08-28 14:37:40
0
Ali craft :
TRUST IS KEY 💯
2026-08-30 08:42:26
1
To see more videos from user @thebusinessscar, please go to the Tikwm
homepage.