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Tony Elumelu: The Sales Boy Turned Billionaire - Career (2) - Nairaland

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Re: Tony Elumelu: The Sales Boy Turned Billionaire by KingsleyBuubba(m): 5:17pm On Jan 01
....so after reading this sweet article, I bemuse and wonder why young Nigerians won't come up with a business plan and queue in Elumelu's house, instead of that of OBO begging.
Re: Tony Elumelu: The Sales Boy Turned Billionaire by funkemary(f): 5:17pm On Jan 01
so inspiring
its the combination of intelligence, hard work and good luck. Oluwa please favour me this new year
Re: Tony Elumelu: The Sales Boy Turned Billionaire by emerged01(m): 5:18pm On Jan 01
frankfrancis871:
sad


Igbo Amaka!
self-made money!
Igbos are demi-gods



I will tell my own story soon.


Meanwhile village people and Afon be like





Tribalism go kill una for this place. You couldn't recognize the role another tribe men played in his life,all you could do is to shout "Igbo Amaka"

Na we dey kill ourself

3 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Pr0cter: 5:18pm On Jan 01
Thank you Mr Elumelu. I'm also a beneficiary of luck
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Josh44s(m): 5:18pm On Jan 01
maxtop:
We all have a story to tell but until you make it there's nothing to tell cuz it just won't be fascinating. I still sell pure water in traffic but nobody cares but whenever I make it'll be good story.

Make I go hussle

Thank you very much for this post.
Re: Tony Elumelu: The Sales Boy Turned Billionaire by mmorah6: 5:19pm On Jan 01
frankfrancis871:
sad


Igbo Amaka!
self-made money!
Igbos are demi-gods



I will tell my own story soon.


Meanwhile village people and Afon be like




poverty die no be for you nairaland fit make u rich ?go and find wrk

1 Like

Re: Tony Elumelu: The Sales Boy Turned Billionaire by GreatestA1(m): 5:19pm On Jan 01
Muhylonaire:
Tell any youth about hard work, wait and see how they will make you understand that smart work pays better than hard work...

2019, I just wanna be successful
He said luck too. Not all those who worked hard ever made it to the top. The grave is filled up with men who worked their socks off and still died poor. There are those who didn't work too hard but happened on wealth by luck.

5 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by sultan1014(m): 5:20pm On Jan 01
Very inspiring story.. I wish someone would give me such a chance to prove myself

1 Like

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Cubeet: 5:21pm On Jan 01
Delta Amaka

2 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Sufisunni: 5:26pm On Jan 01
Very inspiring! Indeed, hard work couple wirh luck is the key.
Re: Tony Elumelu: The Sales Boy Turned Billionaire by streeetcred: 5:32pm On Jan 01
WHY YOU THEY PHOTOCOPY OTHER PEOPLE WINNING THEY TRY DECIEVE PEOPLE HERE, GO SELK PANT IF YOU THEY FIND QUICKMONEY �
alfredsurewin08:
subscribe now to win big and upgrade your bank account

1 Like

Re: Tony Elumelu: The Sales Boy Turned Billionaire by steve6: 5:35pm On Jan 01
Keyed in..
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Whizkay(m): 5:38pm On Jan 01
He's betting on people and that might make him the wealthiest black man one day as he himself is a product of a right bet.
I also respect that he recognised the role of luck in his success.

4 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by ikevin(m): 5:39pm On Jan 01
frankfrancis871:
sad


Igbo Amaka!
self-made money!
Igbos are demi-gods



I will tell my own story soon.


Meanwhile village people and Afon be like




this is a new year, come off it, are you not tired already with alk this hate you guys spew.......e don do bros.....sometimes I wonder if u guys get paid 4 this.....one Nigeria bro
Re: Tony Elumelu: The Sales Boy Turned Billionaire by marv1: 5:39pm On Jan 01
superior1:
He made a huge cash off zenith, illegitimately but smartly
How do you mean ??
Explain

1 Like

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Nobody: 5:44pm On Jan 01
Perhaps the billionaire has a different definition of luck going by the definition of dictionary luck, his situation isn’t luck. It is a combination of Talent meetinopportunity. The two has got to be there for anyone to be successful. The opportunity was to apply for the position, the talent in him wrote an intriguing cover lettter. It would have been luck if he sat at home and the CEO just knocked on his door from no where. There is something called destiny. He wasn’t the only one who got the job offer, why is the one we are hearing about? He is destined to be one and for some reasons he will have the push from within and then things will work together for the good. He mentioned if that guy didn’t take a chance on him, what would have happened, the thing is some other persons will. I want to think that Job application wasn’t the first, meaning the other ones wouldn’t have fulfilled destiny for him.

1 Like 1 Share

Re: Tony Elumelu: The Sales Boy Turned Billionaire by HomeOfMe(f): 5:53pm On Jan 01
gisthabit:
Tony Onyemaechi Elumelu is a Nigerian economist, entrepreneur, and philanthropist. He is the chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation.

According to him, below is a brief story of his success on how he rose from the being a poor and hungry salesman to a business mogul and a billionaire as a result of hard work and luck.

In business, the role luck plays in success and personal achievement is rarely discussed. If luck is mentioned, it is done with slight condescension, and usually dismissed as a product of hard work, not deserving significant attention. While hard work is paramount – and I have written extensively about the importance of working hard – history and my own experiences show that there is often a large element of success that hard work alone can not explain. It is simply not true that “you make your own luck.”

I started my career as a salesman, a copier salesman to be specific, young, hungry, and hardworking, but the reality was that I was just one of the thousands of young Nigerian graduates, all eager to succeed. How did I get from there to where I am now? Of course, hard work, resilience, a long-term vision – but also luck.

A year after earning a Master’s degree in Economics from the University of Lagos, I applied to join a new generation bank, Allstates Trust Bank. The bank’s one-page newspaper advertisement demanded a minimum of a Second Class Upper result, but I applied regardless, submitting a cover letter and filled out application with my Second Class Lower Economics result.

By a stroke of luck, my application was reviewed by the Chairman/CEO, a painstaking man who carefully read my cover letter and was drawn to the confidence in my words. “I know I may not have met the qualifying criteria for the advertised roles, but I am intelligent, driven, ambitious and I will make the bank proud. My Second Class Lower result does not demonstrate the full extent of my intelligence and ability, and I know I can do so much more.” He read those words and took a chance on me. Though “unqualified”, he decided to throw me a lifeline, an opportunity.

I was invited to join the shortlist, followed by a long series of interviews and even more tests. At the end of a very rigorous process, I received good news – I had a place as an entry-level analyst. Even now, I wonder: What if the Founder had not personally gone through my application? What if my application was rejected at the very beginning? What if I never got the opportunity to work at Allstates Trust Bank?

The story continues: Within 12 months at the bank, aged 27, I went from analyst to branch manager – the youngest ever bank branch manager at the time. I was hard working, energetic, creative and prioritised getting things done, but it was also good fortune that my bosses Toyin Akin-Johnson and Ebitimi Banigo took notice, and then, believed in me. They took a chance on me by appointing me as branch manager after an incredibly short time in the bank. They recognised in me the raw materials needed to make a good leader and were prepared to invest in me and my ability. My rise to Branch Manager within a short period is a great story but I know in my heart, I was lucky, as well as deserving.

This position of branch manager was a solid platform which launched me into several top leadership roles. When we, a small group of hungry, determined, young outsiders, took over struggling Crystal Bank, it was as a direct result of the preparedness and exposure that we received early from our superiors and mentors. Without the intervention and goodwill of these people in my career, I would not have been prepared to take on far greater roles. These learning opportunities laid the pathway to future achievements. To put simply, I was lucky enough to be identified and trusted so early on in my career, and this put me on a unique road to success. I keep this in mind – it is humbling and also drives much of what I do today.

When I left UBA as Chief Executive Officer (CEO) in 2010 to pursue other interests, I made a vow that through the Tony Elumelu Foundation, I would “institutionalise” luck and democratise access to opportunities for young Africans. I promised to leverage the success I have enjoyed, to spread luck and hope, provide opportunities and to empower the next generation of African entrepreneurs to succeed. Without luck in my early career, I would not be the man that I am today. I am a leader and philanthropist today because I encountered people who gave me a chance early in my career. It has been a lifetime goal to pay this forward in a transformative and impactful way.

Over the past three decades I have spent as a banker, investor, and turnaround expert, I have had the opportunity to meet thousands of entrepreneurs, like me. Many of them are young people with incredible dreams and business ideas but without the experience or access to mentoring and support required to build successful businesses. But most importantly, they have not yet been exposed to the right opportunity.

Our entrepreneurs are hard at work across the continent, identifying gaps in the market for specific products and services, and bridging these gaps with their innovation and ingenuity. Yet, many of these budding entrepreneurs often lack the capital, the networks, the training, the support to take their small business to national or regional scale. All they need is a helping hand, some luck, someone to believe in them and take a chance on them.

This is what the Tony Elumelu Foundation offers: a platform that empowers African entrepreneurs with opportunities ranging from business management training to mentoring, to funding to networking – championing their cause and giving them a global voice to actualise their ambitions. This is precisely why I launched the USD$100 million Tony Elumelu Foundation Entrepreneurship Programme to empower the next generation of African entrepreneurs. Indeed, their businesses may become the next UBAs (United Bank for Africa).

So, when I am asked, “Tony, why are you and your family doing this? What is in it for you?” I smile and recount my own story of luck. Luck is real, it is powerful, and I am committed to spreading it as far as I can. I am a beneficiary of luck, and I am passionate about sharing it across the continent, to all 54 countries.

Source: http://gisthabit.com/tony-elumelu-the-sales-boy-turned-billionaire/


One of the people who inspires me. I met this man a few times in early 2000s when I was working in a company owned by his friend. Never knew he would become more wealthy and popular.
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Nobody: 5:54pm On Jan 01
majekdom2:
Perhaps the billionaire has a different definition of luck going by the definition of dictionary luck, his situation isn’t luck. It is a combination of Talent meetinopportunity. The two has got to be there for anyone to be successful. The opportunity was to apply for the position, the talent in him wrote an intriguing cover lettter. It would have been luck if he sat at home and the CEO just knocked on his door from no where.

what would you call the CEO who probably picked his cover letter out of the numerous ones that must have submitted despite the fact that he had a 2:2 amongst so many other 2:2 in the midst of so many 2:1 and first class? Even the bible talks about time and chance.I agree with opportunity meeting talent but waht often brings both together is luck. If his cover letter was selected from the numerous letters and you say it wasnt luck then he must have used long leg.We all need a bit of luck in life bro/sis.

3 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Adek15(m): 5:54pm On Jan 01
BiafraBushBoy:
Nice one... I will highlight the key points;

1) His cover letter did the magic for him despite not being qualified.

It worked for him and it has worked for me several times also. I can help you design a cover letter and CV that will get you a job this 2019 guaranteed.

Visit https://topwritersden.com/get-cv-free-cover-letter/ for more information.



2) He took up a sales job. Majority of millionaires in the world today started off as sales people. Becoming a sales person has lots of advantage to offer you especially if you intend setting up your own business.

I love sales and I am still selling till date.

Lovely post.
I've seen many advert on sales job but I really don't understand the criteria to be one. Is it same as marketing job technically?
Re: Tony Elumelu: The Sales Boy Turned Billionaire by CoolAmbience(m): 5:56pm On Jan 01
Mizk:
And what are we supposed to do with the info? Because it worked for you doesn't mean we should all take the same route, I'll be intrested if you can ask me of my business ideas and provide necessary funding even if it means I'll pay back with intrest and see if i won't become wealthy, the truth is we're all trying just that we are not as opportuned as he was, he only got lucky.

This is a new year. You can actually make the most of it by guarding what you say and say what you wish the right way 'cos you can never tell who is reading or listening.

Luck is for real and we tend to downgrade this fact a lot. Luck shows forth more when there's positivity, hardwork and consistency. Anyone can be lucky, poor or rich, educated or uneducated.

You don't try once or a few times and say you aren't opportune. You keep trying as long as you still have breath in you.

There is no where in the text where Tony said what worked for him would work for everyone else. You asked what you are supposed to do with the info while at the same time expressing interest in an opportunity to pitch your business idea for seed funding, isn't that a mismatch?

However, if you really want to pitch your idea to Tony, you may do so through www.tonyelumelufoundation.org. I am willing to offer you assistance.

2 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Nobody: 6:04pm On Jan 01
bjims:


what would you call the CEO who probably picked his cover letter out of the numerous ones that must have submitted despite the fact that he had a 2:2 amongst so many other 2:2 in the midst of so many 2:1 and first class? Even the bible talks about time and chance.I agree with opportunity meeting talent but waht often brings both together is luck. If his cover letter was selected from the numerous letters and you say it wasnt luck then he must have used long leg.We all need a bit of luck in life bro/sis.
he saw talent, potential in him. He wrote a cover letter stating why he thinks he is better. That caught the interest of the CEO. Different things catches our interest. Why do people get jobs, most times because the hiring manager connects with their responses. It’s simple as this. If he couldn’t express himself well in the cover letter, would there be a connection? The ability to express himself is a talent and that is even rare given the system around those days. I remember my first job, I was the least experienced, I didn’t even have the required experience but I remembered all the three Hiring managers there connected with me. I got the offer first.

3 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Nobody: 6:04pm On Jan 01
CoolAmbience:


This is a new year. You can actually make the most of it by guarding what you say and say what you wish the right way 'cos you can never tell who is reading or listening.

Luck is for real and we tend to downgrade this fact a lot. Luck shows forth more when there's positivity, hardwork and consistency. Anyone can be lucky, poor or rich, educated or uneducated.

You don't try once or a few times and say you aren't opportune. You keep trying as long as you still have breath in you.

There is no where in the text where Tony said what worked for him would work for everyone else. You asked what you are supposed to do with the info while at the same time expressing interest in an opportunity to pitch your business idea for seed funding, isn't that a mismatch?

However, if you really want to pitch your idea to Tony, you may do so through www.tonyelumelufoundation.org. I am willing to offer you assistance.




the bolded does it for me. To think majekdom2 says otherwise is probably as a result of his own experience.There were threefirst class in my class, 2 males and one female. All the first class males were bad arse programmers/developers but guess what. One of the guys witha 2.1 who was also one of the bad arse programmers amongst many other gifted programmers we had in class today works with a tech firm in switzerland after being poached from Nigeria. The other guys are doing fine but still in naija but this guy in swiss is on a different level,if that is not luck I wonder what it is.

2 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by kenrish2(m): 6:06pm On Jan 01
maxtop:
We all have a story to tell but until you make it there's nothing to tell cuz it just won't be fascinating. I still sell pure water in traffic but nobody cares but whenever I make it'll be good story.

Make I go hussle
don't worry bro 4 sure u go make am
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Nobody: 6:09pm On Jan 01
majekdom2:
he saw talent, potential in him. He wrote a cover letter stating why he thinks he is better. That caught the interest of the CEO. Different things catches our interest. Why do people get jobs, most times because the hiring manager connects with their responses. It’s simple as this. If he couldn’t express himself well in the cover letter, would there be a connection? The ability to express himself is a talent and that is even rare given the system around those days. I remember my first job, I was the least experienced, I didn’t even have the required experience but I remembered all the three Hiring managers there connected with me. I got the offer first.

are you saying the CEO read through all the cover letters? Are you saying Tony had the best cover letter? Do you consider if the CEO was in a good mood that day and decided to request for cover letters? When did CEO's have time to seive through cover letters if a letter does not accompany ypur application or something dramatic happens. The three managers connecting with you is luck bro no matter how connected you think you were. In christainity luck is called favour. Dont downplay it. You can be the most talented or most brilliant if favorable time and chance does not happen to you forget it

5 Likes

Re: Tony Elumelu: The Sales Boy Turned Billionaire by tallfish145(m): 6:13pm On Jan 01
HardBishop:
who can trust a anambra person?. their business successes is often attached with juju.. he must have a covenant with an occultic kingdom.

chai. from sales boy to billionaire.... hmm. something is fishy
Elumelu is a delta man not from anambra

1 Like

Re: Tony Elumelu: The Sales Boy Turned Billionaire by Ugosample(m): 6:17pm On Jan 01
kenzysmith:
Format tins this guy dey do serious ritual sales boy kor sales man bawooo undecided

and you know this how?
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Ayobami7(m): 6:18pm On Jan 01
好朋友阮德
Re: Tony Elumelu: The Sales Boy Turned Billionaire by seguno2: 6:24pm On Jan 01
Factfinder1:
If only the devil stops distracting us with Women alcohol and the die hard hunger for money

What/who is the devil
Re: Tony Elumelu: The Sales Boy Turned Billionaire by Phinity318(m): 6:26pm On Jan 01
My Take home point though
"I know I may not have met the qualifying criteria for the advertised roles, but I am intelligent, driven, ambitious and I will make the bank proud. My Second Class Lower result does not demonstrate the full extent of my intelligence and ability, and I know I can do so much more.”
Powerful and confident I tell you...
Imagine it was in 2018, I can only imagine how many graduates would have copied that line on thier c.v.. I can only imagine what woulda happened if that was the case.... Dear Graduate kindly stop copying your friends cover letters just cos it matches your thoughts... Cheers

2 Likes 1 Share

Re: Tony Elumelu: The Sales Boy Turned Billionaire by senatrpaichulo(m): 6:29pm On Jan 01
Vizzy4u:
which devil?
Red devil!!

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