Top african billionaires (2020): Aliko Dangote in Focus
Channel: Millionaire by 25
Date: 18/04/2020

Top african billionaires
Subscribe To the Channel - https://bit.ly/3tVaTWi.
 Go From $0 to $7500/month With Affiliate Marketing - https://bit.ly/39a8WjM (Fastest Method)
 My Number 1 recommendation for going from $0 to $10,000 on YouTube in 6 Months - https://bit.ly/Millionaire_by_25.
 Sign Up on Fiverr and Get 10% Off First Purchase -  https://bit.ly/Fiverr_Discount Check Out Our Full Free Fiverr Course Here - https://bit.ly/Free_Fiverr_Course.
Check Out Our Free YouTube Course - https://bit.ly/Free_Youtube_Course.
 Check Out Our Comprehensive FREE Affiliate Marketing Course - https://bit.ly/affiliate-marketing-mini-course.

If you were handed $1 billion to start a company, would you know how to? If the answer is no, then perhaps you would learn a thing or two from exactly how the richest man in Africa, Aliko Dangote made his money.
there are a lot of African billionaires out there. but in this video we will focus on the number one African billionaire.
there are a couple of billionaires in the world. and Africa has some of them.
Welcome future millionaires to another episode on this channel. If you are new here, you are welcome to Millionaire by 25 youtube channel. The best place on the internet to get inspiration and information about wealth, business and making money online. Be sure to subscribe so that you can be informed when we put out new amazing videos like this one. So, without wasting any more of your precious time, let's get into the video.
If you have not checked out our video on the top 10 richest people in Africa, I suggest you check that video out before coming back to this one. Because in that video we have covered a little about Aliko Dangote already and would not be repeating any of that information in this video.
So without further ado, let us jump straight into today’s video.
So, as we all know, Alhaji Aliko Dangote began his first business which was a trading company in 1977. A trading company is a company that sells commodities or services mostly to other business owners. Much like wholesalers and retailers. He imported commodities from outside the country and sold them in Nigeria. His startup capital was $3000 which he borrowed from his uncle.  Today, his business is way more than a trading firm, it is the most valuable conglomerate and employer of labor in the entire West Africa.
It is a point worthy of note that he paid back the debt in 3 months of starting his trading firm. What does this tell you. So many other people would have gotten bankrupt. But why didn’t he. If I, for instance, was handed $3000 to start a business today, sure I may succeed, but I don’t know if I would be able to pay back the entire loan in 3 months. One excuse I can give, however, is that the competition in the market now is way more intense than it used to be in 1977 when he started.
I would attribute Dangote’s profound success to a few key major factors.
Top African Billionaires 2020: https://youtu.be/1sYnXxwDMsc

This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions:
https://link.attribute.to/cc/929021