Aliko Dangote Quotes To Inspire Young Entrepreneurs

A compilation of 21 Aliko Dangote quotes that Will leave inspired to succeed.

Aliko Dangote is Africa’s richest man; he has topped Forbes’ list of the richest African billionaires for the 11th year in a row in 2022.

Aliko Dangote is a Nigerian business entrepreneur with a net worth estimated at $14 billion as of April 2022. He is the chairman and chief executive officer (CEO) of Dangote Group, an industrial conglomerate.

Dangote was born into a wealthy family, so his story is not one of rags-to-riches. He is the son of Mohammed Dangote and Mariya Sanusi Dantata.  He is the great-grandson of Alhassan Dantata, the richest man in West Africa when he died in 1955.

Aliko Dangote Quotes

  1. “The most dangerous thing for an entrepreneur to do is to actually go into a business that he does not understand fully.”

2. “If you don’t have ambition, you shouldn’t be alive.”

3. “In whatever you do, strive to be the best at it.”

4. “Endeavor to work as hard as possible to attain a new aim with each day that comes by. Don’t go to bed until you have achieved something productive.”

5. “The number one thing that kills businesses in Africa is power – or the lack of power.”

6. “To build a successful business, you must start small and dream big.”

7. “Motivation, backed by good planning and correct action leads to success.”

8. “Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes.”

9. “If people look inward, they would see the opportunities for greatness.” 

10. “I’ve run a very successful business, and I think I can also run a very successful team.”

Aliko Dangote quotes

11. “I always make sure I hire people smarter than me.”

12. “If I had challenges in my company, I would not hesitate to sell assets to remain afloat, to get to the better times, because it doesn’t make any sense for me to keep any assets and then suffocate the whole organization.”

13. “You could easily tell that hard work and perseverance go hand in hand with patience. We often hear people say patience is worth it, yet we don’t practice it. I did and look how well it worked out for me.”

14. Passion is what drives me forward. Passion is what makes me go to bed at 2am and wake up at 6am.

15. “Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.”

16. “The real thing about wealth, what will make you enjoy it and be happy that yes you are rich, is how many lives you can touch while you are alive.

17. “When you have made it in life, you must give back to those who made you.” 

18. “I always tried to move up the food chain. I started with cement and then moved into textiles and banking. When I was trading sugar, I added salt and flour so that then we could do pasta. And then I thought, why not make the bag for it, too? So, we started making packaging.”

19. “After my death, I want to be remembered as Africa’s greatest industrialist.” 

20. “Invest now, before it’s too late. The train is about to leave the station.”

21. “In the journey to success, the tenacity of purpose is supreme.”

My favorite Aliko Dangote quotes are, “If you don’t have ambition, you shouldn’t be alive.” and “To build a successful business, you must start small and dream big.”

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