Aliko Dangote is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria, Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa and Zambia. According to Forbes magazine, Dangote is ranked as the richest person in Africa and the 100th-richest in the world, with an estimated net worth of US$10.6 billion
Aliko Dangote started Dangote group as a small organization in 1981 and over time, the organization has distinguished itself as an industry leader in Cement, Sugar, Salt, Flour, Steel, and recently investing in oil and gas.
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In today’s video, we bring you Aliko Dangote’s 7 ultimate advice for ambitious young people. By the way, if you have not yet subscribed to the After School Africa channel, click the subscribe button and stay up to date with inspiring videos like this.
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1. You must be consistent with your vision
When the mobile licenses were on offer in Nigeria, Dangote could have bid successfully for a license. But he steadfastly refused because as he put it “it was not my game”. When oil blocks were on offer he stayed away, even though he had the money and influence to get the best of them. He did not chase every type of business like a man trying to get into everything! He stayed focused and remained consistent with his game.
What is the lesson? You must focus on the thing you know best, and get in very deep! You are bound to encounter challenges and difficulties. But never use those challenges as an excuse to dabble into every seeming opportunity. In his words, “Life without challenges is very boring”. Life is all about solving problems and learning from the experiences. Success follows consistency. You can keep at it regardless of the challenges that set you on the path to success.
2. You need information to make the right decision
Watch the rest in the video below
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Here’s one more takeaway from Aliko Dangote’s success secret; “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.”
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