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The Secrets behind Aliko Dangote's Wealth

 

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Wondering how Aliko Dangote emerged the richest black man in the world. Many are imagining funny things without proof while others are trying out illogical things to attain his height.

Now it’s time for you to stop the search no more because All Times Magazine have discovered those secrets and have shared them here to help you attain his height and even more

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Aliko’s Strong Will Power


To attain the height of the richest black man in the world you must possess a strong-willed spirit. You must dogged and persistent. To people like Aliko Dangote success is not an option but a must andNois not an answer neither is it an excuse to give up.


Take for instance, Dr Mike Adenuga, who had his telecom license revoked twice and lost over 20million dollars but yet he refused to give up.Orji Uzor Kaluhad his oil bloc license and his aviation license revoked; his airline business was grounded and the business accounts of his publishing firm (The Sun) were frozen, yet he refused to give up.

Chief Cletus Ibeto’scement company was shut down by the government but he persisted and refused to give up.
So if you are ever going to have your name listed as one of the richest people in Nigeria; then you must be prepared to stick it through to the end. Giving up is not an Option in this very game so you must come prepared!

Aliko Dangote is Business- Minded and focused


Aliko thoroughly understands his line of business and tries to keep it on track always. He knows the in-depth intricacies of the various businesses he is involved in and as such always has a Plan-B in cases of unforeseen forces. He is extremely focused and careful to choose specific businesses because when he chooses them he sticks to them.
If you are ever going to make it in Nigeria, then you must obey the first law of business success by Andrew Carnegie; the steel mogul.

And here is the prime condition of success, the great secret. Concentrate your energy, thoughts and capital exclusively upon the business in which you are engaged in. Having begun in one line, resolve to fight it out on that line; to lead in it. Adopt every improvement, have the best machinery and know the most about it.” Andrew Carnegie

If you think this statement is a mere fad, then think again because it’s the truth in its entirety.Aliko Dangotefocused on commodities and basic needs whileFemi Otedolaconcentrated on oil and gas.Jim Oviafocused on banking.Cosmos MadukaandAde Ojofocused on automobiles;Fola Adeola focused on banking,Leo Stan Ekehconcentrated on computers andRaymondDokpesifocused on broadcasting and entertainment.

This should tell you that concentration is a key factor to succeeding in business.
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Aliko has a strong business mission and vision


Aliko Dangote, is on a mission to provide the basic needs of over 150 million Nigerians; Femi Otedola is out to provide Oil and gas at a uniform price with faster delivery. Fola Adeola is on a mission to provide innovative banking services to Nigerians; Leo Stan Ekeh wants to put a computer in every home and Raymond Dokpesi is out to give Nigerians uncompromised news and information on happenings.

A strong business mission and vision is the reason these men emerged successful.
To be a billionaire you must have a strong business mission and vision; and these two factors propel them to greatness.

Take away the business missions of the aforementioned and trust me they’ll be no more

Aliko is an excellent networker

Networking is a very important factor every business person must bear in mind. The richest people in Nigeria became rich because they are good networkers. They network among themselves and even patronize each other’s services; and when a big deal is on board, they pool their resources together, form a consortium, execute the deal and split the profits. This is how Aliko emerged the richest people in Nigeria

Aliko thinks big, is flexible and also open to competition


Nigerian billionaire entrepreneurs are big thinkers but their greatest strength is flexibility.

They think big and love to do big things despite the fact that they started small. Aliko understands the terrain very well; he knows that the government is the most inconsistent body so he prepares himself beforehand

 

 

Author: Pospi Otuson

I am a real estate agent at Pospi Homes Agency, A young Nigerian blogger who wants to share his passion for Entrepreneurship.

I have been featured in Mostly Blogging, Young Leaders Arena, also written for TipsOnBlogging, Zealmat and Dainty Angel amongst other top blogs.

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