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The President and CEO of Dangote Group, Alhaji Aliko Dangote, has advised young entrepreneurs on how to be successful businessmen and businesswomen.

According to him, entrepreneurs have to:

  • Be very focused and understand what you really want to do.
  • Understand the business you want to go into.
  • Persevere.
  • Be tough.
  • Don’t spend your projected income. Let the money come in first before you start spending
  • 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.

He spoke in an interview on a program titled “My Worst Day” on Forbes Africa TV.


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