Actress Ini Edo Finally Talks About Complete Failure of Her Hotel Business

Nollywood actress Ini Edo has a long history of acting, earning money, saving money, and making investments. Ini Edo has made many business decisions outside from acting, and one of those decisions was to get right into a hotel, restaurant, bar, and lounge venture named Mimz Bar & Lounge. That enterprise, which was located in the center of Lekki, was a dismal failure.

Ini Edo discussed it candidly in a recent interview with Cool FM, answering questions like if she makes money from movies, whether women make more money in Nollywood than males, and more. This are the words of Ini Edo.

INI EDO: To be honest, I mean if you think back a few years, like 10, 15 years ago, when I was shooting movies like back to back, I could do like two, three films in a week. Considering average income earners in Nigeria, if you earn like 2 million naira per film or 1.5 million per film, I’m talking about like 15 years ago, and then you’re consistent on it and you’re doing it. I mean that’s all I was doing for years. And of course you’re able to save money. And saving money means for me, cuz I’m using myself as an example. What that meant for me was that I started doing investment really quick. I started buying real estate, buying properties, and just literally saving and investing just understanding where I was coming from and the fact that look, I didn’t know what my future would hold for me so I just buried myself in the work and I was doing a lot of saving and investing. Then along the line, I decided to diversify into other things. Started some businesses, some would fail, some would succeed. I had this huge drive to be an entrepreneur and to just be independent off movies. When they say do movies make money? It’s relative. How consistent are you? Where are you making the films? What are you doing with the money that you’re making? I can’t equate it to the lifestyle but I can speak for myself.

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