CATEGORY: The Dangote System
3.3 – The Dangote Way
“We had a lot of capital, and we were able to build out our own power grid. The number one thing that kills businesses...
3.2 – The Tenets of Dangote Success
“The most dangerous thing for an entrepreneur to do is to actually go into a business that he does not understand fully.” – Aliko Dangote
“Motivation,...
3.1 – The Beginning and Evolution
“I always tried to move up the food chain... When I was trading sugar, I added salt and flour, so that then we could...
2.3 – When Conglomerates Lose
“Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes.” – Aliko Dangote
Despite the strengths of conglomerates, they...
2.2 – Dangote Conglomerate Tax
“Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start...