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Nairaland Forum / Nairaland / General / Business / 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote (33683 Views)
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Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Greycious(m): 9:16am On Sep 11, 2015 |
Ok....learning |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Alexebo(m): 9:16am On Sep 11, 2015 |
mods tank you 4 d ban.....lesson learnt |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Manlado: 9:18am On Sep 11, 2015 |
If you want to be great, do you cast stones at the great? Many young Nigerians needs to see clearly 1 Like |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by truvine(m): 9:19am On Sep 11, 2015 |
. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by truvine(m): 9:19am On Sep 11, 2015 |
#500,000 of 1977 , how much does it worth now 2015. Capital is a challenge to up coming entrepreneur God Bless Dangote |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Classickid(m): 9:21am On Sep 11, 2015 |
My Role Model. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by ultraGM: 9:21am On Sep 11, 2015 |
The Topic Should be 10 Investment Tips To Learn From The Richest Man In Africa, Aliko Dangote |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Classickid(m): 9:22am On Sep 11, 2015 |
My Role Model. datribune:Stop hating, go make yours. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Bollinger(m): 9:22am On Sep 11, 2015 |
shegs4danny: And that is the only tip he needs to give us: Always be close to government. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by JaYbeS(m): 9:22am On Sep 11, 2015 |
He took risk of taking a load... That was a big step |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by dckng16(m): 9:29am On Sep 11, 2015 |
truvine:That's roughly about N500,000,000 now compare to then 2 Likes |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by datribune: 9:29am On Sep 11, 2015 |
Classickid: I'm not hating & I'm making my money in a conscientious way. U ar so gullible & ignorant & that's why u think I'm a hater. What is difficult about manipulating d stock market & making hapless Nigerians suffer by buying govt companies like NASCON at giv away prices in d name of privatization, list d share price at 56 kobo, manipulate d stock mkt & drive d price to 25 naira then divest & sell to gullible nigerians at 22 naira & then d share price tumbles to below 5 naira in d hands of hapless fellow citizens. dis govt sponsor & crooked cabal guy is no smart businessman. Go educate urself about Otedola & Dangote & d AP shares b4 u ignorantly label someone a hater. 3 Likes |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by cristweeezy(m): 9:30am On Sep 11, 2015 |
JAZES:(11) he neva came from a poor family |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by MrMann1(m): 9:35am On Sep 11, 2015 |
I thought OP said "Money tips".... |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by truvine(m): 9:36am On Sep 11, 2015 |
dckng16:which family member will freely give you that now am still wondering and serching the guy is just lucky, and i mean lucky |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by sparkwil(m): 9:38am On Sep 11, 2015 |
Nice write up But having to sleep three hours a day is something I find hard to believe 1 Like |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by 989900: 9:44am On Sep 11, 2015 |
truvine: $2.3m roughly N550m. 1 Like |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by 989900: 9:45am On Sep 11, 2015 |
sparkwil: Probably not all days; otherwise, recipe for ill health -- you need 5 hours minimum |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by 989900: 9:46am On Sep 11, 2015 |
12. He ran a gov't assisted monopoly. 3 Likes |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Guruboi(m): 9:51am On Sep 11, 2015 |
There's something behind is wealth. But i didnt say he didnt work hard for it oo. If you think am lying ask him. #nohate |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by pablo107: 9:56am On Sep 11, 2015 |
leke12: U just spoke my mind |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by nomoless: 9:59am On Sep 11, 2015 |
Important lesson look for a competetive business and monopolize it 1 Like |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Koolking(m): 10:03am On Sep 11, 2015 |
Are you kidding me? Learning money tips from Dangote, a business mogul who savour unpatriotic favour of Nigerian govt at the expense of the masses? This will be the greatest disservice to yourself. If I had the same opportunity as Dangote, I bet I would surpass him. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by choix007(m): 10:07am On Sep 11, 2015 |
truvine: Simple....$500,000 x N221 Do that math and scratch ur head |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by kevoh(m): 10:09am On Sep 11, 2015 |
Simply put, Dangote is first a lucky and then hardworking businessman. 1. $1 was about 65kobo in 1977. Average people were still earning N200 and N300 as monthly salary then. Imagine if they were to seek a loan, how much will they muster? 10000, 30000? 2. Despite the devalued Naira in 2015 compared to 1977, it's still not easy to get a loan of 500k, with or without collateral, from Banks or private individuals. Despite the above, I would not take it from Dangote, he is still a good business man. Everything seems to fall in favour of his business; who would not want such favours? ![]() 2 Likes |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by princejenks(m): 10:22am On Sep 11, 2015 |
Yea but i still think he is still playing below his potentials,more or less like a local champ. I think he should divest from commodity selling and concentrate on one area which is mining that he seems serious in expanding these past few years. All dollar billionaires in the world are known for one key business area,check them all out to ascertain this fact. |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by Toks2008(m): 10:27am On Sep 11, 2015 |
JAZES: That number 2 na big lie Read this... HOW HE STARTED When he left for Lagos as a 20-year-old in 1977, Nigeria was enjoying stupendous oil profits and the military government of the day decided to ruin some of it on FESTAC’77. There was massive construction going on in various parts of the country and it was at that moment Dangote went to his beloved grandfather to ask for a loan so he could import cement which will be used for some of the FESTAC buildings. He narrates: ‘For me, I started small as a trader in cement. Then I left cement around 1978. Because there was this armada and cement was difficult to get at that time. I had my own money which my grandfather gave me free, but then he gave me also an additional loan of N500,000 (about $3,000) which was big money in those days. At that time (1978), you could purchase ten Mercedes Benz cars with that amount as each was sold for N5,000 while a Volkswagen Beetle went for N900 to N1,000. The money was quite a substantial amount then. The loan was supposed to be paid back whenever I was okay-maybe after three or four years. But I paid the loan back within six months.’ http://.com/aliko-mohammed-dangote-worlds-richest-black/ |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by omodayomi(f): 10:35am On Sep 11, 2015 |
Good one 500,000.00 as at 1977 is equivalent to 12million Naira now. if someone could borrow me such amount now(10million Naira) I could become another dangote in 10years to this time.I promise to pay back in 1year. [color=#006600][/color] my contact is 08068867130 1 Like |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by lampardizik(m): 10:37am On Sep 11, 2015 |
Seeing people saying 'if I had the opportunity had...' And the likes,but I say to you Dangote created his opportunity! Until you can do that,you are going nowhere!!! |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by ewizard1: 10:41am On Sep 11, 2015 |
Who'll give me a loan of N500,000 ? ![]() 1977 is not 2015 ooo! |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by IRIENBOY(m): 11:24am On Sep 11, 2015 |
Ok thanks |
Re: 10 Money Tips You Should Learn From The Richest Man In Africa, Aliko Dangote by dancoolD(m): 11:42am On Sep 11, 2015 |
This man is so wonderful to his generation |
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