Dangote reveals the secrets of being a successful businessman

Alhaji Aliko Dangote have disclosed 3 characteristics every business minded person has to have for potentially being successful…

 

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1.Know Everything About Your Business And Industry.

 

According to the successful businessman people make the mistake of going into a business because somebody have told them it’s lucrative and it’ll be the right investment.

 

He admonishes entrepreneurs and investors to really know the nitty-gritty of what they intend to put their money in before they do so.

 

“I think the most important one, number one if you are going into any business, you must understand the business from A to Z. You must know that business; you shouldn’t just invest because somebody says you know there’s money in cement then you go and jump into cement”.

 

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2. Hard Work 

 

“The other one is to work very hard,” he said.

 

Mr Dangote says giving your all to your business is one way of ensuring it’s success. Tho there’ll be ups and downs one must keep focus and work hard.

 

3. Be a good manager/Boss

 

According to Dangote you must have a good working relationship with your employees.

 

“I’m very quiet and I’m very calm. I get upset sometimes when people try to outsmart me. I don’t like people who will not tell me the truth. I always like people to look at me and tell me the truth,” he says.

 

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Alhaji Aliko Dangote born on April 10,1957, now 63 years multi-naira trillionaire who started the Dangote Group as a small trading firm in 1977.

 

It now deals in the manufactuer of cements, food processing and freight  in Benin, Ghana, Nigeria, Zambia and Togo.

 

It’s a major manufacturer of sugar in Nigeria and supplier of sugar to soft drinks companies across the country.

 

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