4 Tips By Aliko Dangote That Will Instantly Make You A Successful Businesman

Often times we read different articles on how you can be a successful entrepreneur, a lot has been said. Some of these self-acclaimed Success manuals tend to fail due to the excess and subsequent over flogging of steps.

However, this list consists of key points that are crucial for any man or wan who have full intentions of succeeding in life.

You may wonder what makes today’s list authentic, well the key points listed here are opined from an exclusive interview conducted by Forbes Africa TV on Africa’s Richest Man; Aliko Dangote.

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Without further ado here are the 3 Key Points to successful

Be Focus; Understand the business you want to go into


During the interview Dangote said the first thing any businessman should do is to meticulously pinpoint the type of business he or she wants to do. You need to Identify the industry you want to venture into. Most people don’t take time out to do a survey of what will be right for them, you don’t need to venture into an industry that is currently booming. You can be futuristic about the industry you intend to venture in.

Persevere, Be Tough  

Aliko Dangote
Aliko Dangote


Perseverance is the key, a good businessman must persevere. If you invest in something and the first few, months are not going as plan or perhaps profits are not coming in as they should. It does not mean you are a failure. Remember winners don’t quit. Dangote said “you need to stay tough”.

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Don’t spend your projected income

Aliko Dangote, President and Chief Executive of Nigeria's Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June 6, 2008. REUTERS/Mike Hutchings (SOUTH AFRICA)

A good businessman never rushes into spending his projected income. You have to be patience, Let the money come in first before you start spending. You should be really be wise when it comes to spending income.

Social life and business don’t go together. You have to be very serious

Aliko Dangote
Aliko Dangote

Dangote during the interview said “Social life and business don’t go together. You have to be very serious, If you want to enjoy life, you won’t be able to work. It’s always better to make the money first and then enjoy later.”

Well said sir!




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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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