CATEGORY: The Dangote System: Techniques for Building Conglomerates

“We had a lot of capital, and we were able to build out our own power grid. The number one thing that kills businesses...

“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,...

“I always tried to move up the food chain... When I was trading sugar, I added salt and flour, so that then we could...

“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...

“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...