Aliko Dangote: ‘If I Look at Myself, I Know That God Is Real’, Shares Business tips

Aliko Dangote: ‘If I Look at Myself, I Know That God Is Real’

•••As  Aliko Dangote Shares Business Lessons, Says Africa Is the Future of Global Investment

Aliko Dangote: “If I Look at Myself, I Know That God Is Real”

Africa’s richest businessman, Aliko Dangote, has spoken about his belief in God, stating that whenever he looks at himself, he is convinced that God is real.

Dangote made the remark during a recent interview conducted by The School of Hard Knocks, which was sighted and transcribed by Eagles Sight News. During the interview, he shared insights into his entrepreneurial journey, sales strategies, and investment opportunities across Africa.

Reflecting on his early business experiences, the billionaire businessman revealed that his passion for commerce began while he was still a student, selling candies to his classmates. According to him, those early ventures helped shape his understanding of sales, negotiation, and customer relations—skills that later contributed to the growth of his business empire.

During the interview, Dangote also offered practical advice to entrepreneurs and business owners, emphasizing the importance of persistence, effective negotiation, and identifying opportunities in the marketplace.

The Main Interview

When asked about the highest amount of money he makes in a single year, Dangote said:

“In the first quarter, we do about $10 billion.”

The interviewer then asked whether he had any idea while growing up that he would build a company after starting by selling candies to his classmates.

Dangote replied:

“No, not even one percent.”

Asked about his current net worth, Dangote said:

“What are they saying? I don’t really look into those things.”

When informed that Forbes estimates his net worth at over $30 billion, he responded:

“They said I am worth $38 billion. I don’t know. Most of our businesses are not listed yet. It will come out soon.”

Speaking on his number one sales and negotiation advice to business owners, considering that he started selling candies to classmates while in school, Dangote said:

“Learn to be like the Chinese. The Chinese know how to wear people out in negotiation. But the first thing is to treat the customer as king. Yes, he is the king, because if you don’t sell your goods, you can’t grow.”

The interviewer observed that Dangote did not build his fortune by chasing trends but instead established businesses in cement, rice, flour, and sugar. He then asked what Dangote knew about building so-called “boring businesses” that others did not.

Dangote replied:

“These are the things that we need, and these were the things that I was trading in. So I tried to do what we call backward integration, to now produce what we used to import. And now we are going into oil and gas, where the scale is huge.”

When asked why he remains humble despite his wealth and success, Dangote said:

“I have passed the stage of just doing business to make money. It is now about leaving a legacy.”

Asked how he would like to be remembered, he responded:

“I want to be remembered as someone who industrialized Africa.”

Speaking on why Africa should attract investors and why Americans should look forward to investing in the continent, Dangote said:

“In Africa, 70 percent of the population is below 30 years of age. By 2050, we are going to be about 2.5 billion people. The real future is Africa.”

He encouraged both local and foreign investors to consider the continent as a viable investment destination, highlighting Africa’s vast population, growing markets, and abundant resources as key factors that make the continent attractive for investment.

The business mogul maintained that Africa presents enormous opportunities for economic growth and wealth creation, stressing that investors who understand the market and take a long-term approach can achieve significant success.

Dangote’s comments have since generated reactions online, with many praising his business achievements, vision for Africa, and public expression of faith.

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