Aliko Dangote

Aliko Dangote GCON (born 10 April 1957) is a Nigerian billionaire, who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia. As of February 2017, he had an estimated net worth of US$12.5 billion.

Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa; he peaked on the list as the 23rd richest person in the world in 2014. He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world’s richest person of African descent. [Excerpt from Wikipedia, the free encyclopedia]

Below are some of his business Inspiration

If you don’t have ambition, you shouldn’t be alive.

In the journey to success, tenacity of purpose is supreme.

Motivation, backed by good planning and correct action leads to success.

My grandfather once told me; the soul of business is not making money but making people happy.

Passion is what drives me forward. Passion is what makes me go to bed at 2am and wake up at 6am.

I enjoy myself a lot but I derive more joy in working. I believe in hard work and one of my business success secrets is hard work. It’s hard to see a youth that will go to bed by 2am and wake up by 5am. I don’t rest until I achieve something.

Every morning when I wake up, I make up my mind to solve as many problems, before retiring home.

To build a successful business, you must start small and dream big.

I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me 30 years to get to where I am today. Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work. To build a successful business, you must start small and dream big. In the journey of entrepreneurship, tenacity of purpose is supreme.

Invest now, before it’s too late. The train is about to leave the station.

Endeavor to work as hard as possible to attain a new aim with each day that comes by. Don’t go to bed until you have achieved something productive

You could easily tell that hardwork and perseverance go hand in hand with patience. We often hear people say patience is worth it, yet we don’t practice it. I did and look how well it worked out for me.

To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities.

In whatever you do, strive to be the best at it

Let me tell you this and I want to really emphasize it…nothing is going to help Nigeria like Nigerians bringing back their money. If you give me $5 billion today, I will invest everything here in Nigeria. Let us put our heads together and work.

Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.

Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes.

Africa is the fastest-growing economic region in the world. This is the right place to invest.

Africa’s risks are mainly perceived and not real. Unfortunately for us in Africa we are not really very good at telling our own story. But things are changing and people are beginning to understand that things are going very, very well.

When you have made it in life, you must give back to those who made you.

After my death, I want to be remembered as Africa’s greatest industrialist.