in his importation business, Aliko Dangote transforme

 HE ONCE WORKED FOR SOMEONE       

Dangote worked for his uncle, Sani Dangote. He served his master diligently. He acted in accordance to the statement which says if you must lead, you must serve. It was while working for his uncle th usatimes.cc at he gathered experience, skills and confidence.

HE TOOK LOAN TO START HIS BUSINESS

Aliko Dangote started his business with the NGN 500,000 loan he took from his uncle/master. He approached his un usanews.cc cle in 1977 and told him about his plan to establish a business outfit and his uncle gave him the loan to start the business. However, he was given a three-month-deadline and he repaid the loan in three months.

HE STARTED HIS BUSINESS BY TRADING IN COMMODITIES

Sugar, rice, pasta, salt, cotton, millet, cocoa, textile and vegetable oil were the commodities he started hi news s business with. He was importing these commodities into Nigeria.

HE DEVELOPED A STRONG DISTRIBUTION NETWORK

Since production is not complete until the goods reach the final consumer, Dangote developed a strong distribution channel that made his goods delivered faster than his competitors’ goods.

HE LEAPT FROM IMPORTATION TO MANUFACTURING

After some years in his importation business, Aliko Dangote transformed into a producer of products he was importing. In one of his statements, he revealed that changing from an importer to a manufacturer has so far been his best move. The move produced Dangote Group, an organization that controls 

Comments

Post a Comment

Popular posts from this blog

Start With platforms to Make Your

How to Start With platforms to Make Your Business Look Better! Most businesses now use several platforms to manage and manage the data. It’s important to get your business to a point where you can finally make decisions asiadome.com and see results. Platforms are the key to this point. Several different platforms will help you with everything from marketing to sales to customer service. However, they all have their strengths and weaknesses.  This is where learning about what are calliscommon platform features come in. These features are important for several reasons: they help businesses operate more efficiently, they’re- STARTSpellingBots!   They help businesses stay on the front end, and they help businesshhelpattention from the right people.   How to Starting Common Platform Features many platforms cometh features that asiatrendy.com are important to your business. However, they all have their own weaknesses as well. This is where understanding what are calle...
Read more

they help businesses operate more efficiently

How to Start With platforms to Make Your Business Look Better! Most businesses now use several platforms to manage and manage the data. It’s important to get your business to a point where you can finally make bestfitnes.net decisions and see results. Platforms are the key to this point. Several different platforms will help you with everything from marketing to sales to customer service. However, they all have their strengths and weaknesses.  This is where learning about what are calliscommon platform features come in. These features are important for several reasons: they help businesses operate more efficiently, businessfuture.net they’re- STARTSpellingBots!   They help businesses stay on the front end, and they help businesshhelpattention from the right people.   How to Starting Common Platform Features many platforms cometh features that are important to your business. However, they all have their own weaknesses as well businessidea.info . This is wher...
Read more

es sure that the information being sent by one party to

  It is also useful to make use of the two-step verification wherever the option is available to you. That way newsvilla.org , even after you type in your password, there is an additional step of a unique code being sent to your phone or email, that only you can access.&n bsp; Additional tip: Set a different password for each account and device with access to your home Wi-Fi network. If you feel l panifol.com ike you would not remember all the passwords, then it is a good idea to f onnp.org ind a small detail in the password that you set and link the other passwords around that. 3. USE A VPN VPN or a Virtual Private Network is a system of encryption used by companies and their employees. People who need to be on their company’s intranet system risk exposing information if they use a public network.  To go around this, VPN makes sure that the information being sent by one party to the other is sufficiently encrypted and only decrypted at the end when it re...
Read more