Mrs Folorunsho Alakija, Nigerian Billionaire.
Alakija Shares The Secrets To Her Success Which Has Taken Over 30 Years To Accomplish!
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.
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,”
Below are exerpts of the secretes of her success:
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 .
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 .
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 .
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 .
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 .
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 .
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 .
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 .
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 .