Equity Bank’s James Mwangi Reveals Top 10 Tips For Business Success July 26, 2013 CAREER PROFILES No comments The story of James Mwangi and Equity Bank – from a young boy selling charcoal on the slopes of the Aberdares to becoming the most successful banker in modern Africa – is so incredible that it almost belongs in the realms of fiction. In this case, fact is far stranger than fiction – and a thousand times more inspiring. The award winning world entrepreneur of the year and Forbes Africa Person of The Year 2012, remains humble and cheerful, ready to make a joke at the first opportunity. He has never forgotten the struggles of his childhood days and has set up the Equity Group Foundation and sought partnerships to ensure that no deserving youth will miss out on education, nor will anyone forego opportunities through lack of financial knowledge. In an interview by Kenya Yetu, James Mwangi revealed the underlying truths of any successful business. Mwangi reveals that spends half an hour every day running on the treadmill and is a voracious reader who wakes up at 3.00 am every day and read – mostly business and management books and biographies. He is most happy whenever he can brings a smile to someone’s face as he is am amply rewarded.”. Top tips for business success 1.Be a dream maker. An entrepreneur is someone who identifies gaps in products or services and is willing to take risks to make the dream come true. 2. Do not go it alone. An entrepreneur is dependent on, and relies on, the skills and knowledge of others. But he must be the leader who can bring these people, their skills and their attributes together to create something new and useful. 3. Clothe yourself in values. Your values are what will attract all the other components you need – capital, expertise, partnerships – to help you make your vision come to life. 4. Ask yourself what you can do. “What can I do that will be most useful to most people? How can I change the situation so that what is needed is made available to those who need it most?” Make that your vision and goal and go for it. 5. Be dependable. If people trust you and you deliver time after time, then when you ask them to jump, they will not ask “why?” but “how high?” 6. Convince yourself. If you cannot convince yourself that your goal will come to pass, you won’t convince anyone else either. Convince yourself first, with good reason, and others will follow. 7. Be enthusiastic. Your enthusiasm will infect others and set off a chain reaction that makes even the impossible possible. 8. Be patient. Equity Bank is showing its best colours after 20 years of hard work. 9. Never stop learning. Learn something new every day and try to apply it to your life and business. 10. Be humble. Many factors, and many people, come together to make success of an enterprise.
Posted on: Sat, 27 Jul 2013 08:42:20 +0000
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