Thursday, 2 February 2017

Becoming Successful In Africa



So you want to be successful in Africa? No matter how old you are, the African country you are from, the financial background of your family or what you do for a living - you can be successful. 

Below are some important habits of the top successful people in Africa.


1. Kill Procrastination


Don't procrastination to do something important. The more you delay, someone else in your city will get it done before you and will take the glory for doing it.


2. Don't discuss the success of others



Refuse the temptation to discuss the success of others. Rather, discuss the kind of success you want for yourself.


3. Successful people wake up 5:30am latest every morning


If you still wake up at 8am or 9am daily, then forget about success! Its not for you.
Success is not for people that sleep for 8 hours daily. Dangote sleeps for 5 hours daily. Mark Zuckerberg sleeps for 4.5 hours. Jack Ma sleeps for 4 hours. 
To be successfully, reduce your sleep and spend the early hours of the day strategising about how to succeed in the day.


4. Don't pull others down to get to the top




People in Africa who pull others down to get to the top always never last long when they get to the top of the ladder. This is a fact! Why?  Because somebody else will most definitely drag them down too, its just a matter of time. People will never forget what you did to drag them down and will come after you in different ways. They will come for revenge. Revenge is best served cold.


5. It is easier to buy up an existing business than to start one from scratch


In Africa, it takes about 10 years to build a successful business from the scratch. It took Dangote 25 years to build Dangote Plc. It took Otedola 12 years. It took Wale Adenuga 15 years to build Globacom from the scratch. If you are already old and want to succeed quickly, you can choose to buy an existing business that is similar to your business idea and change it to what you want it to be.


6. If electricity is a big problem, pursue a business idea that does not rely much on electricity.



Very simple! Stop complaining about the lack of electricity. There are loads of business ideas that do not rely on electricity. 


7. Cash is always better than profit.


Profit is equal to cash and accruals. Profit may not be given to you in cash form if you have a right to share in the profit of any company.
When you enter a business deal, never accept to receive profit from the business unless the profit MUST be in cash. Never accept profit as stock dividends. Wealthy investors understand this and prefer to receive cash profit. 


8. Become a networking machine.
Every person you meet in a coffee shop, a bar, a bus, a motorcycle, a company, or in a university is a possible link to land you your next job, therefore, you should network. 
Helpers don't fall from heaven, they will either come to you or walk away from you. 
Remember that the 'helper' and the 'helped' must have met each other at some point in their lives for one to help the other. 
Be nice to new people and always leave a formal or informal line of communication behind when you meet new people. 
Also, you need to prioritize your networks. Some networks are 'high-value' networks while others are 'low-value' networks. For 'high-value' networks, you need to follow-up your initial conversion with people in your 'high-value' network because those people meet new people everyday which means they can easily forget you if you don't follow-up.

9. Always spend less than you earn

For every 10 bucks you spend, make sure you have at most 4 bucks left.


10. Never share your idea with people that can implement it quicker than you 





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