PERSONALITY PICK OF THE WEEK Name: Alhaji Aliko Dangote Date of birth:April 10, 1957 State of origin:Kano State Parent name:Mariya Sanusi Dantata(Mother) and Mohammed Dangote(Father) Estimated current net worth :US$ 13.8 billion A Business Studies graduate from Al-Azahar University, Cairo, Egypt. He is the owner and president of the Dangote Group, which has operations in Nigeria and several other countries in Africa, including Benin, Cameroon, Ghana, South Africa and Zambia. He was ranked by Forbes as one of the richest Nigerian citizens and richest person of African descent in the world toppling Mohammed Al Amoudi ($12.3 billion) and Oprah Winfrey ($2.7 billion.) He started business in Kano in 1977 trading in commodities and building materials. Alhaji Aliko Dangote moved to Lagos in June 1977 and continued trading in cement and commodities. Encouraged by tremendous success and increase in business activities, he incorporated two companies in 1981. These and others that followed now make up the conglomerate known as Dangote Group. Quotes by Aliko Dangote “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.” “Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes.” “I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me thirty 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.” Learn from this great man and become great like him. Till next week, remain blessed!!!
Posted on: Sun, 11 Aug 2013 18:24:45 +0000
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