Mogul Says He Started His Multi-Million Naira Business With Just N50k

Nigerian business mogul, Henry Bolaji Akinduro, has revealed that his current multi-million naira oil and gas business started with N50,000 a long time ago.

Akinduro is the executive chairman, Total Grace Oil and Gas Investment Limited, which has its headquarters in Dubai, with 5 filling stations in Nigeria.

Speaking with Legit, the oil and gas entrepreneur explained that the N50,000 was from the bursary received from the Ondo state government while he was in Medical School.

He further explained that the current business started from a business centre with a photocopy machine and computers.

According to him, the business changed for the better when his director joined him after two years.

”The journey started a long time ago. I started the business with N50,000 that was given to me by the Ondo State Government then when I was in the medical school as a bursary.

“And from there, we started a business centre with photocopy machine and computers. After like two years, my director joined me then. And from there, we have been changing from one business to the other,” he said.

Akinduro also noted that it was not a bed of roses as there were ups and downs along the way but the challenges emboldened him.

He said: “It was not a bed of roses. For every business, there are ups and down. But, the ability to be able to overcome those challenges is what makes you bold.

“If you want to be a leader, you must be able to overcome challenges you are faced with at any given time.

“My advice to the upcoming business entrepreneurs is that you cannot make it overnight. It takes patience and you have to be ready to face whatever challenge and overcome it.”

Source:Correct.NG

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