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Opinions - November 30, 2022

5 Business Quotes from African Billionaires to Finish 2022 Strong

Despite being just a month to the end of 2022, positively ending the year-to-year business report is highly feasible, even in Africa with the current economic downturn. One such method used by entrepreneurs is getting inspired by business quotes from successful African billionaires dominating their space despite the harsh economy.

The success stories that preceded the billionaires have seen entrepreneurs from all walks of life listen with apt attention whenever they speak and follow their advice to the letter whenever they read their quotes. As a result, they gain first-hand practical experience and get inspired and motivated to try new things in their business.

If you are looking for ways to get bumped before the end of the year, here are some business quotes from African billionaires you should consider.

Aliko Dangote, “If you don’t have ambition, you shouldn’t be alive”

Source: Punch

One of the driving forces behind every entrepreneur is ambition. It is a propeller that moves successful entrepreneurs into doing extraordinary things to achieve success. The strong desire to achieve something makes people different from other living things.

This internal drive motivates the wealthiest man in Africa to continue attaining success and retaining his position as the richest person in the world. With this mindset, you will believe in yourself and what you stand for. The importance of having this quality led Aliko Dangote to advise entrepreneurs that anyone who lacks it shouldn’t be alive. He said, “If you don’t have ambition, you shouldn’t be alive.” 

This remains a fact, as it takes ambition to live a good life. With ambition, he built his billion dollars empire that spread beyond the shores of Nigeria.

Mike Adenuga, ‘‘The harder you work, the luckier you get’’

business quotes African billionaires
Source: MarcoPolis

Hard work is indeed the bedrock of Mike Adenuga as the oil tycoon ventured into the entrepreneurial world by selling soft drinks and managing his mother’s sawmill business. From there, he ventured into selling lace material after taking advantage of an opportunity he got during his flight to Nigeria.

The success of the businesses saw him venture into other sectors such as telecommunication, banking and construction. Today, he is the founder of Globacom and Conoil.


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Strive Masiyiwa, “A vision on its own is not enough. Hard work & dedication is required to make that vision a reality”

business quotes African billionaires
Source: AllAfrica

The Zimbabwean billionaire was right when he said that vision alone is not enough. For the vision and mission statement to be achieved, the visioner needs to be studious. This is because vision and hard work are intertwined. The only force that ensures the realisation of a vision is hard work, and without hard work, a vision can never be realised. 

Vision is the reason every successful people work hard. Most billionaires work 20 hours a day because they believe in their vision. Their belief eventually made them part of Africa’s 1% of billionaires.

Instead of being distracted, Strive Masiyiwa advise entrepreneurs to imbibe the spirit of hard work and be visioners. 

Mohammad Dewji, “Always Perform Like You’ve Never Lost. Because Then, Your Actions and Attitude Will Consistently Reflect Success”

business quotes African billionaires
Source: World Economic Forum

Loss and failures are part of the business world. Since entrepreneurs will surely experience their fair share of failures, the wealthiest man in Tanzania advises them not to dilly-dally about their failures but instead focus on their goals.

Failures are meant to be lessons and discoveries of new ways a thing might not work. Hence, accept the failures but embrace and learn from them. This way, you know new things and birth successes. The fact is that once you birth successes, it is the success people will remember and not the years of failures.

Johann Rupert, “I just want to be master of my own time. It is ironic that someone in the watch business should not be in control of his time”

Source: Forbes

For every entrepreneur, time is money. This mindset has seen entrepreneurs look for ways to maximise their time to be in control of it. Since the importance of time cannot be overemphasised, the South African billionaire advises entrepreneurs to be the master of their time. It is the only way to attain maximum productivity and be successful.


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