If you are searching for information on making money, I recommend you apply the Alhaji Aliko Dangote leverage strategy. You will be rich in a few years with a commitment to using this strategy.
The application of leverage strategy is the secret of being a millionaire and wealth creation. So if you genuinely want financial freedom, you don’t need to reinvent the wheel. You copy the successful ones, and you will likely be one.
What is a leveraged business? It’s a strategy of making money using other people’s money, contacts, resources, ideas, time, effort, and brand to succeed. This strategy has made ordinary people wealthy beyond their expectations.
According to Robert Kiyosaki, “People with leverage dominate people with less leverage. In other words, just as humans gained advantages over animals by creating leveraged tools. Similarly, humans who use these leverage tools have more power over humans that do not. Saying it more simply, ‘leverage is power.”
With this article, let me buttress my point using Alhaji Aliko Dangote as a case study. He is chairman of, Dangote Group of companies and rated by Forbes magazine as the richest black man in the world. He started business in 1977.
He was mentored in business by his grandfather, a successful businessman in his time. His grandfather gave him a small capital to start his own business and an additional loan of N500,000, which was not small money in those days.
He was supposed to repay the loan when the business yielded profits in four years. Still, Aliko Dangote repaid the loan within six months.
He runs the business under the watchful eyes of an uncle, who gave him the correct links that he needed to succeed.
He applied the leverage strategy of using other people’s money a few years ago to build the largest cement factory in Africa, Obajana Cement Plc. He applied the leverage strategy of using other people’s money to complete the project. The project was estimated to cost one billion dollars. Dangote Group of companies brought $320,000, and a consortium of banks brought the remaining $680,000.
Are you wondering about making money applying this strategy since you don’t have a mentor or someone to give you a loan and the connection to succeed? My outright answer is to join a proven network marketing business opportunity.
Network marketing provides the platform to leverage other people’s time, money, ideas, resources, connection, and much more. This industry has produced more millionaires in the last 15 years than any industry globally.
Robert Kiyosaki said if he had to start a business from scratch again, he would prefer to build a network marketing business than an old-style type of business.
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