Did you know that Aliko Dangote GCON runs the largest industrial conglomerate in West Africa, and that his estimated net worth stands at $17.8 billion in June 2023 according to Bloomberg Billionaires Index?

A sure way to success is to learn from successful people. Though we may not be privilege to meet with some of the world's successful entrepreneurs, however, that doesn't mean we are cut-off from what makes them successful in the business world. And one sure way to connect with successful people is by learning from them key principles they imbibed and that helped them to build their successful business empires.

Nigeria's richest business mogul and Africa's richest man, Aliko Dangote's estimated net worth, according to Bloomberg Billionaires Index, is at $17.8 billion in June 2023. Though born into a wealthy Hausa Muslim family on 10 April 1957 in Kano (he is the great-grandson of Alhassan Dantata, the richest person in West Africa at the time of his death in 1955), the founder, chairman and CEO of the Dangote Group, and owner of the largest industrial conglomerate in West Africa knows that inheritance is not a lifeline if action is not taken to not only preserve it, but to also multiply it.

In the following quotes, the Nigerian businessman and industrialist shares with us some principles on the secret of his business success in pursuit to be the greatest industrialist. Aliko Dangote, in these quotes shows to us that success is not impossible and extraordinary to achieve if only we train our mindset to do what is most expected of us.

QUOTE 1: BE TENACIOUS – "I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me 30 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."

QUOTE 2: BE HARDWORKING – "I believe in hard work and one of my business success secrets is hard work. It's hard to see a youth that will go to bed by 2am and wake up by 5am. I don't rest until I achieve something. Endeavor to work as hard as possible to attain a new aim with each day that comes by. Don't go to bed until you have achieved something productive"

QUOTE 3: DREAM BIG – "To build a successful business, you must start small and dream big." ~ Aliko Dangote

QUOTE 4: LOVE WHAT YOU DO – "I enjoy myself a lot but I derive more joy in working. Passion is what drives me forward. Passion is what makes me go to bed at 2am and wake up at 6am."

QUOTE 5: APPRECIATION – "When you have made it in life, you must give back to those who made you."

QUOTE 6: BE AMBITIOUS – "If you don’t have ambition, you shouldn’t be alive."

QUOTE 7: EMBRACE COMPETITION – "Don't kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes."

QUOTE 8: BUILD A REPUTABLE BRAND – "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."

QUOTE 9: BE THE BEST – "In whatever you do, strive to be the best at it."

QUOTE 10: BUILD YOUR HOME – "Let me tell you this and I want to really emphasize it...nothing is going to help Nigeria like Nigerians bringing back their money. If you give me $5 billion today, I will invest everything here in Nigeria. Let us put our heads together and work."

QUOTE 11: BE A SOLUTION – "Every morning when I wake up, I make up my mind to solve as many problems, before retiring home."

QUITE 12: PRACTICE PATIENCE – "You could easily tell that hardwork and perseverance go hand in hand with patience. We often hear people say patience is worth it, yet we don't practice it. I did and look how well it worked out for me." ~ Aliko Dangote

QUOTE 13: HAVE A BIGGER PLAN – "Manufacture, don't just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities."

QUOTE 14: BELIEVE IN YOUR COUNTRY – "Nigeria is one of the best-kept secrets."

QUOTE 15: SET RECORD(S) – "After my death, I want to be remembered as Africa's greatest industrialist."

Source: AZ Quotes | Wikipedia

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