Financial cost of starting a new business, how I Purchased a Heavy duty machines from store to aid my sewing.

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(Edited)

Hello Hive

Today's purchase was an exciting one for me as it gives me a progressive step into fulfilling a dream of adding fashion design to my list of career choice in life.

Well I studies microbiology in the university and have a degree in science, I love a bit of science and have wished to learn more and practice, but I have too many limitations in that line, so that is abandoned or pushed aside for now.

After school farming was another career choice in which I joined the family farm and we are able to grow some grains to feed the family but I couldn't make that a commercial venture where I could farm very large portions an harvest these crops for sale.
To commercialize farming and make a living from this, I need tractors, starting capitals , larger land space as lease for agricultural purpose and of course I need to be a bit stronger health wise and probably employ some human labour as well.

This could enable me become a commercial farmer where I can grow crops and sell to make a living.
Nevertheless that is on hold as well, even though I could still farm and harvest as much for family consumption.

Next I went into sewing and fashion designing starting with my late mums manual sewing machine, I made little progress at a time, learning and working at my own pace.
Then I came across hive blog which I them maximize some hive funds to purchase an electrical heavy duty sewing machine you see here at a price of $45t

I needed a career in life and even though am not multi talented I do love to give any skill a trial.
Opening my heart to new knowledge and hoping for the best, so I hanged in for the sewing.
Until date I have spent close to $1000 for tuitionn, transport, fabrics, accessories and training materials. This is what it cost to acquire a skill in Nigeria.

It is indeed a lot of money but an investment on myself and a self improvement journey is worth it.
A sacrifice to give myself a better future.

Today I made more progress and since my skills are getting better, this is no time to abandon fashion but to put in every effort to get better at my skills and acquire new machines to aid my work.

Most likely I would have a brand name and start my own fashion store in the future, not minding how long it will take I have to trust the snail pace growth.

Today I needed a weaving machine such that I can have neat edges and finishing for my clothes hence I visited the machine store to buy this.

A table top manual and electrical multi stitch machine. .
This is just of temporal use, the heavy duty machine that could weave and made solely for such purpose is very expensive and sold for $454, this very one you see here

But this smaller version of it made into a table top can weave my fabrics for the mean time and it only cost $137.

I sold some hive funds to buy this as well, Knowing fully well that the value of hive is down, I started a power down since I would be needing to sell more hive to purchase this

I can't keep this on hold as these machines get expensive on daily basis and I can't wait for hive to get sold at higher price before buying this, it might take forever and I don't want my sewing trainings on hold.

The machine will be placed on a table or small stool, although there is a worked out leg for it which you can see here, the brown metal attached to a pedal I could place the machine in it for convinient sewing but but I can't but that for now since it is worth another expense of $69 and since I can still use the machine without the pedal, I would simply place this on a stool for now.

A little detail of the shops show numerous table top machines and other heavy duty machines and people arr coming in to buy this products so they can acquire skill and start a a fashion business.

My receipt and evidence of purchase


Choosing a career path in life is not always easy especially in developing countries
This is an insight into my career journey and my submission into today market Friday post by our dearest @dswigle.



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16 comments
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Bang, I did it again... I just rehived your post!
Week 132 of my contest just started...you can now check the winners of the previous week!
!BEER
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Back when I was a kid when I watched a movie with so many beautiful dresses, I thought about making my own dress. But as I grew up, I realized that I had no talent for making dresses, instead I had more talent for cooking. I hope you will be successful with your business, and I know you can do that.

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Thank you so much dear.
I hated sewing while I was an adolescent when my mum was trying to force me to learn... But after graduation, I picked up a little interest and am just glad I did.
Am getting better with more practice and the right equipments.

I love all your cooking and presentation of food, you are so good at tasting delicious meal too, it delight me alot to see those post.

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Wow! Congrats sis, I know how expensive those machines are now especially in Nigeria,

Self improvement/ development is the best investment to oneself, as every other aspect of your life gets touched by it.

Is that a zigzag machine you bought or it weaves like the green head inner weaving machine?

Hoping to get mine soon, still saving, that industrial weaving machine is so expensive and I just want to get that at once instead of the inner weaving as I already have a zigzag machine.

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Well I haven't checked out all the functions, you know its fairly used and no manual.. I only made sure its a quality one that can weave and make button holes,.. Some of this table tops have inscriptions on it on the number of different kind of stitches they can make, I saw those ones too but they were substandard and there was no use buying one with many kind of stitches that won't be durable...

This one weaves like the green head excellently and makes button holes too

Am not sure if a zigzag foot can do the magic but maybe if am well rested and check out the machine properly, zigzag stitch might be there too.

Thank you so much sis.
I do hope you get enough funds to buy your machines, its really expensive now..
200k as at yesterday for the industrial weaving machine

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Congratulations on your newly bought machines. I really hope it serves you well. My observation or question though? I know it's a whole lot more expensive buying the industrial machine however, won't it be a better alternative especially as regards your health? If eventually you will need to get the industrial machine (I am aware you are considering cost) and you settle for the table top machine also putting in mind that prices are shooting up daily, do you consider buying now more financially economical? It's a question we all face when we have limited resources to choose between going for the affordable or waiting a little bit.

My second suggestion will be that, if you have some space in your compound, consider animal husbandry especially if you will be home almost daily or at least once or twice a day. I hope we can discuss a bit more on this here on hive some other time.

Once again, congratulations and I am super proud of you 🤗

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Thank you so much.
200k for the industrial weaving machine isn't a small amount, I may not hit that in a year time if I want to delay purchase (which has already been delayed by a year already) considering other financial duties and price won't remain the same if I wait to save more.

This is both manual and electrical, once there is power its not stressful to work with at all since there is a motor that can be connected to power supply, it should serve me purpose and they arr really durable too.

I was both into poultry and animal husbandry in the past..
Incessant relocation made me loss the animals to theft.
If I have a house of mine own, I could do big time poultry and all, I love turkey and wish to keep them too but there is always an issshhhh.

Thank you for the suggestion and encouraging comments.

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You can't go wrong when you invest in yourself! If you follow your dream and do what you like, what inspires you, you will succeed...
Wish you all the best with your new "call"!!!


I have picked this post on behalf of the @OurPick project which will be highlighted in the next post!

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(Edited)

Congratulations @monica-ene you are so talented with your designing and sewing that this is a great purchase for you to continue to develop your career.

I really wish I could give you my sewing machine...you will do much better with it than I did.

But it will be waiting here for you when you come to stay with me in Australia! 😃

Congratulations and best wishes to you. I know that you will succeed and that the purchase of the sewing machine will be worth every penny and soon you will have made enough from selling your creations that you will have made the cost back!

I was also just thinking whether you and some of your other friends who also like to sew might form a co-op. A co-operative group who all put in an equal amount and buy the big, expensive machine and make a timetable out for everyone to use it.

Also you should be able to find the manual online.

If you can't, give me the model and make number and I will try to find it for you and email it to you if you want.

AND ALSO....your studying microbiology so you must have an interest in helping humans and animals when they're ill so have you ever considered using that education and becoming a disability support worker?

I work for a company which employs hundreds of people here who are all originally from All over Afrika, from Kenya, Uganda and even Nigeria! You have knowledge and skills from that education, so eventually you might want to use it again and try to come to Australia...?
https://healthcareaustralia.com.au/about-us/careers/

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Thank you for the many wishes and the offer of sewing machine. I will sure make productive use of it and maybe give you dividends of the proceeds as well🤓🤓🤓.
Very funny.

It will be a pleasure to join you in Australia, I truly appreciate your kindness and I can't stop imagining how I have made so many good friends here on hive than in real life.
I cant wait to meet you all at every step of the way.

Its a good suggestion you have given regarding having a cooperation to buy the heavy duty machine.
We would look into that immediately as this would be very helpful. Thank you so much.

A disability support worker is a welcome idea for me and honestly I wish to be a caregiver to treat people with love and kindness.
I also volunteer with a group here who work and support sick people as well.

It is a great and welcome idea for me, but I have to put alot of things in check before thinking about migrating.
Maybe I could take this gradually and see how it turns out...

Thank you so much dear,
I truly appreciate this.

And sorry for late reply, its 9pm here and am just on my wag home from fashion school.

Have a pleasant rest

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You will be welcome at my place to use my machine any time you like.

And bearing in mind, once you come over here, you don't have to stay forever, infact I think its better that you do go back eventually so that you can take all of the knowledge and experience that you have gained here, back with you to help everyone over there.

As for the group to buy the industrial strength machine, yes, but you have to make sure that everyone pays an equal amount and gets equal time on it so there's no argy bargy with each other, so it's important to make a roster and keep people to it. Maybe even have a simple contract for every one to sign, like a receipt and an agreement.

And it is greta to have the skills to look after the aged, disable and ill and I personally know just how important and useful those skills are, but to do it as a job- well that's something that will happen when you're ready.

Anyway, I know that whatever you put your mind to, you will do it with great success and abundance!

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