Sani Dangote. He served his master diligently.
HE ONCE WORKED FOR SOMEONE
Dangote worked for his
uncle, Sani Dangot
webapex.net e. 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 that 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 uncle in 1977 and told him about his plan to establish a
business outfit and his u
westernmagazine.org cle 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 h
ysin.org is 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
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