Mrs Folorunsho Alakija, One Of The Richest Black Woman In The World Shared Her Success Secretes

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Mrs Folorunsho Alakija, Nigerian Billionaire.

Alakija Shares The Secrets To Her Success Which Has Taken Over 30 Years To Accomplish!

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Mrs Folorunsho Alakija

Mrs Folorunsho Alakija, Nigerian business tycoon and one of the world richest black women, 80th Power Women in the world (2016) second in Africa, Forbes list has a  $1.74 billion fortune, source Of Wealth is oil and gas and she is a Self Made billioaire. She said that she is not resting on her oars, when it comes  to making money.

According to her, she is determined to make more money than the Bible wealthiest man King Solomon. She made this known on Saturday, November 12, 2016 at a church seminar at KICC, Lagos, which was focus on wealth creation.

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At that programme  Alakija said that: “I will make more money than King Solomon in the Bible. I am working towards that and with His grace, I will.”

Alakija, who gave tips of making and sustaining wealth at the platform also revealed one of the keys to her success was being a relentless go-getter.

“You can’t afford to be laid back, I’m not saying you should be aggressive without a purpose but I’m saying there are ways to be aggressive positively and I can tell you that you have to make that move, put yourself forward and be ready to face all hurdles,”

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Below are exerpts of the secretes of her success:
 1. There are no overnight success storeys

It took Alakija only over 30 times to become one of the most influential women working in this continent which goes to show that it takes time to achieve success .

 2. Take control of your own career!

When Alakija realized that the company she was working with were hiring more beings and it would take much longer for her to move up in the organization due to impediments in the system, she decided to quit and move on to a better location. Things simply happen when you take control .

3. It Pays to invest in your emergence

Sometimes to get to the next height, there is a requirement to spend time investing in ones personal progress. After quitting her enterprise, Alakija decided to study fashion to learn the commerce and get qualified as a designer before becoming one of the leading manner houses of her day .

 4. You need to break out to break even!

Alakija triumphed a manner rival, which was the beginning of her breakthrough for her manner name. That rival sacrificed her national acceptance and helped her to captivate more patrons .

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 5. Be vigilant, you never know when business opportunities is around the corner .

A chance meeting with an old friend on a flight to the UK was all Alkaija needed to start thinking about the petroleum sector which is currently accounts for her $1.82 billion fortune. Next day you are in a Buka hut, conceive consider who might be holding your next big break . 

6. No is never good enough !

Alakija initially had a number of rebuffs when she was looking to break into the competitive manufacture but every time she did more homework and extended right back. Her perseverance overpowered the defiance of the then petroleum priest who eventually apportioned her the petroleum permission . 

7 . Partnership is Key
As a business owner you may not be able to do everything on your own. Your ability to find the right type of spouses to help you achieve your end goal will determine how effective you are as an organization. Alakija acquired technological spouses before applying for her petroleum permission rendering her a most significant chance of replacing
 
8. Time is an important factor of success

It took Alakija three years to get her petroleum licence and the other three years to get a brand-new change of technological spouses to begin work. As an entrepreneur, your ability to succeed sometimes vastly depends on how resilient “youre in” waiting for your break through .

9. Sometimes a big break will look like a stumbling block

It is not all big breaks that search glamorous. Sometimes a transgres can be disguised as a roadblock. When Alakija was apportioned her petroleum pulley-block, “its one” of the worst since this was deep offshore and there was no technology that had been developed to explore 5000 paws below sea level. But she still attended the possibilities of and overwhelm current challenges . 

10. Always expect the unexpected

After finally locking the petroleum pulley-block and finally deriving the rewards, Alakija had to now fight the government of the working day who decided to back into their contract and take 40% of their 60% stake in the petroleum business. In business it is always prudent to prepare for the worst .

  11. Know who your genuine sidekicks are

When Alakija was in trouble with the government, they extended knocking on various entrances for help but nobody would help them. Harmonizing to her, they suddenly became the blight with sidekicks they had known for years all discounting their phone calls .

 12. When you have nothing to lose, choose to fight back .
Alakija and her family felt that they had everything to gain if they crusaded the government and won. At the time, everybody wrote the company off accepting the worst for the fledgling business. In the end, the health risks paid off and they triumphed .
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13. You will not acquire every battle but you will win the war

Alakija’s battle with the government took 12 times and there were a lot of actions that were lost in court but at the end, her perversity meant that they eventually came out as the victors in this battle . 

14. Sign on the dotted boundary

Alakija had signed a contract with the government allowing them to back into the contract plied certain criteria is complied with. The government rejected the terms of the contract, which stimulated their buy of the petroleum pulley-block void. In business, always have words agreed and documented to avoid inconsistencies .

  15. Business has no Gender
Success in business is not the exclusive perpetuate of any gender but rather hard work and dedication. Folorunsho Alakija is the only foremost female tycoon in the competitive male reigned oil industry proving that you can achieve anything you put your brain to achieve.

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