Aliko Dangote is the wealthiest man in Africa with $15.7 billion to his name, while Bill Gates is the wealthiest man on the planet with $87.4 billion as his value.
the contributing tips offered by this well off men:
1. Invest only in what you understand
In 2012, Aliko Dangote talked in a meeting with MTV Base about contributing, and one
key thing he said was that he didn't put resources into anything he doesn't see totally.
This he said was one way he ensured his association was engaged. An exhaustive comprehension of every endeavor helped him abstain from settling on imbecilic venture choices.
2. Invest in your education
In 2014, Reddit sorted out an "Ask Me Anything" session with Bill Gates and when somebody asked: "What is your best individual money related guidance for individuals who make under $100,000 a year?"
His answer was:
"Put resources into your training."
That may startle considering Bill Gates dropped out, yet instructed individuals win superior to anything uneducated individuals, that is true.
3. Diversify your Investment
The Dangote bunch has interests in numerous divisions running from concrete to sugar, materials, land, steel, broadcast communications, poly items, port operations, and even now, an eight billion dollar oil refinery is allegedly the works.
Like each splendid business visionary, Aliko Dangote has numerous wellsprings of wage. Putting resources into different segments helps a business stay above water even in troublesome economies.
4. Love criticism
"Business @ the Speed of Thought," is a book Bill Gates distributed in 1999, he composed broadly on the significance of negative criticism. He said that objections and disappointment from your client ought to be considered keeping in mind the end goal to improve.
"Your most troubled clients are your most noteworthy wellsprings of learning," he composed. "Grasp awful news to realize where you require the most change."
5. Be a Producer
Being a Producer is essential to be a riches maker. At first, Aliko Dangote, began in importing and exchanging products for a long time.
In any case he one day moved into generation, setting up eleven industrial facilities at a go, to kick-begin his assembling vocation.
Despite the fact that costly, assembling is one awesome approach to truly control your valuing, and convey items down to the shopper level at truly moderate rates.
6. Learn how to say NO
Nobody realizes that superior to anything Bill Gates the significance of having the capacity to say no. He once rehashed the words his companion
Warren Buffet said to him, amid a meeting:-
"You must be great at saying no."
Doors said that was among the best exhortation he had ever gotten. He clarified that adage no permits you to focus on the things that truly have any kind of effect.
7. Sell a Brand not a product
The Dangote brand is a standout amongst the most profitable brands in Africa. Offering a brand is much better than offering an item. In Nigeria particularly, practically anything marked as "Dangote" quite often wins the business sector's trust.
As you develop your business, ensuring individuals can recognize your image picture, is one awesome approach to develop and succeed in the long haul.
8. Optimisim
While giving a beginning discourse to Stanford University understudies in 2013 with his better half Melinda, Bill Gates talked finally about good faith and its significance to achievement.
Utilizing his altruistic work as a part of Africa as a decent illustration, he disclosed to the understudies that they should have been hopeful so as to accomplish their objectives.
He said:-
"Good faith is regularly rejected as false trust. Be that as it may, there is additionally false sadness,"
9. Networking
Dangote's networking aptitudes and capacity is likewise when way he could make and develop his riches. This associations came through for him when he required them for the success of his business. This associations empowered him get the permit to import concrete, before he began delivering.
10. Measure your success regularly
Bill Gates, in his 2013 yearly letter for the Bill and Melinda Gates Foundation, expounded on a book he was perusing, "The Most Powerful Idea in the World." It was about the development of the steam motor, yet Gates drew a critical lesson from it.
"You can accomplish stunning advancement on the off chance that you set an unmistakable objective and discover a measure that will drive progress toward that objective,"
He said:-
So keep an unmistakable target and check your advancement frequently.
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