Powerful investing tips that made Dangote a billionaire

3). Start Producing:

Aliko Dangote, after importing and trading in commodities for many years, one day came to the conclusion that if he were ever to reach his true dreams, he’d have to stop being an importer, and focus a lot more on becoming a producer.

This prompted him to setup eleven factories at a go, to kick-start his manufacturing career.

Though expensive, manufacturing is one great way to really control your pricing, and bring products down to the consumer level at really affordable rates.

If you hope to someday beat all the competition, and claim a huge chunk of whatever market you’re playing in, you’d have to change your gear, and switch to manufacturing.

This investing tip, is one of the key secrets of the world’s billionaires.