- They thoroughly understand their line of business
Take a close look at the Nigerian billionaires listed above and you will see the names of entrepreneurs that thoroughly understand their line of business like the palm of their hands. They know the in-depth intricacies of the various businesses they are involved in.
Cosmos Maduka, the billionaire founder of Coscharis group even liken himself to a first class degree holder from the University of Automobile Spare Parts. Look ate what Chukwuma Innocent is doing with his automobile manufacturing plant (Innoson Vehicles). This goes a long way to prove to you that knowing your line of business is essential to success not only in business but life in general.
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