@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

The Business Scar
The Business Scar
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Region: NG
Friday 28 August 2026 14:14:11 GMT
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cynthiaejike8
cyntex collections :
i don learn
2026-09-14 09:27:57
0
ayoolalasho
ayoolalasho :
Don’t limit yourself, don’t think you can’t make it
2026-08-28 15:14:24
55
sureboy419
Sunnyvale :
I don't give credit more than 50k to regular customers
2026-08-28 16:44:04
13
gwenceo
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_sam107
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
inevitable600
Young Billionaire :
Do more interviews bro I love this
2026-08-28 14:52:34
14
buildrightbenin
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
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
pamela_organic_skincare1 :
I don't sell on credit again 🥺
2026-08-29 14:34:32
1
capstonmax1
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
princetokunboadeb
Prince Ade-Chameleon :
I have learned my lessons the hard way.
2026-08-30 09:46:34
2
kizitoinvestment
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
anyichukwu_1
Ifeanyichukwu :
in summary don't give out what you can't dash out.
2026-08-29 10:02:13
10
justme8028
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_marble
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
Wig_by_christabel |OSUBI | :
Tooo real never give out credit
2026-08-28 15:35:54
3
__bethel__
GT Global... :
Don't Limit your self!!!! this is the word....
2026-08-28 19:07:33
3
theonlyauracle
@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
ibenwokolo
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
chiskidmatthew
CHIDIEBERE 🤴 :
ladies and gentlemen, we have our own NOW!!! 😎😎...
2026-08-28 18:10:55
1
perfume_vendor_in_kogi_
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
user9354487725370
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
brandinginonitsha
lifestyles/printer/branding :
fact 💯💯
2026-08-28 14:37:40
0
aliyumuhammad6172
Ali craft :
TRUST IS KEY 💯
2026-08-30 08:42:26
1
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