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Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessTony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” (9964 Views)

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Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by livinbygrace: 6:13pm On Jun 23
He is very right .The race is not for the fastest nor the battle for the strongest but only the grace of God.
tThat is why you see a 3rd class student employing 1st class.
This iife is deep.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Druss(m): 6:14pm On Jun 23
He is right on a few things. It is not by hard work or anything. It is GOD that gives the power to make wealth. Not luck.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Hedonisco: 6:15pm On Jun 23
I'm surprised by his unusual humility and honesty.

A lot of people have no idea.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by doncartel: 6:16pm On Jun 23
He may have been born unfortunate but later ‘acquired’ good luck charms from baba.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by RealityKings1: 6:19pm On Jun 23
If you play enough card and enough shuffles, you'll realize it is chance and luck.
I want to get luck
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by IamHonourable1: 6:19pm On Jun 23
I hear you, maybe I should be working while expecting my 'luck' to come knocking
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Mrfeel: 6:20pm On Jun 23
erniok:
Reminded of this quote" when preparation meets opportunity, people call it luck",if Tony was not prepared when he had that opportunity, he wouldn't be where he is.
The point is, he was not the only well prepared person, there were a lot of people who were prepared for that type of opportunity just like him or even better, he met the opportunity others did not, others had the opportunity but lost it to misfortune for him luck was on his side
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Emzedz: 6:20pm On Jun 23
Luck but ur d majority shareholder in all top coys in nigeria.. u still in Leadway Pensions too..

Greedy capitalists
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by edogu(m): 6:22pm On Jun 23
Luck: preparation meets opportunity. You may have opportunity but you're not prepared. You may be prepared but the opportunity may not be there.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Hedonisco: 6:22pm On Jun 23
Nackzy:
There's nothing like luck.. it's only a moving man that will meet his luck meaning he was working very hard.. so it's work not hard work
So all "moving men" meet their luck, or what are you saying?

This kind of self-adulating entitlement mentality is amusing for those of us who are light years ahead in philosophical thinking.

You could as well say that you deserve to win the lottery just because you were 'moving man' enough to buy the ticket that millions of other people also bought but did not win.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Ibehchizzy: 6:23pm On Jun 23
Bro to jam money na luck
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by GUNITGuy: 6:23pm On Jun 23
He's calming down small small
Age and time is gradually telling. ...
Soon he will be like Solomon as see under the sun that time and chance happen to them all ....
Race, battle, wisdom even Riches and Love
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Godmind2022(m): 6:30pm On Jun 23
Any wise man knows that his or her success is not purely by effort alone. There is an element of divine help, luck or whatever you call it that is beyond your control. You don't give yourself the type of personality that you have. You don't dictate the circumstances of your birth or your parents and all of that. You don't dictate how talented or not you're going to be. All these are beyond hard work.

This is not a new statement coming from Tony Elumelu. Many billionaires have said the same thing, including Trump.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Ofodirinwa: 6:30pm On Jun 23
chrisdstar:
Most Nigerian billionaires are corrupt. In the ranking of corruption and stealing, after Nigerian politicians, comes bankers.
From freezing and moving of funds in dormant accounts, collection of outrageous charges from their customers, denying families of their dead loved ones funds, trading of forex with customers money to folding of the banks when they can no longer balance up after stealing etc
Ok, where can we see non-corrupt billionaires?
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by emmy4real94(m): 6:38pm On Jun 23
Even Elon Musk said it. The only super power u should wish for is “LUCK”
That' is if superpowerswere to exist.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by AlabiKILLER2023: 6:42pm On Jun 23
pocohantas:
Otedola said honesty is the keyword.
Elumelu say na luck.

What does Dangote have to say?
Sweet mummy

I'm having wet dreams cuz of you
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by franchasng: 6:44pm On Jun 23
ogascomax:
They won't understand what he is talking about. They are smart poor people, they are skillfully poor people, they are first class poor people. They are people with plenty certifications but one person just have just one and became rich by just that one.
We have a rich guy in our church. Few years back he was not doing well but all of a sudden he is making wave. He will tell you that what he is doing a lot of people are doing it but he is the one they are giving the contracts to.
God forgive me for saying this, a lot of poor and broke people are very stubborn to the realities of life. They always believe they know a lot yet they know nothing about life and success.


Luck or destiny have made many people escape assassination, escape kidnapping, escape armed robbery, escape natural disaster, escape accident, escape different life misfortunes but to the poor, such luck or destiny doesn't apply to becoming financially successful, to them, it's all about being hardworking, acquiring certificates and degrees, learning plenty skills which are all good and can feed you and maybe help you escape poverty but are never enough to make you rich unless you have the luck or destiny
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by AngelicBeing: 6:46pm On Jun 23
Mariangeles:
Nothing like luck? Haven't you met someone that things just work out for with ease, while another person will struggle doing the same thing that person did, yet with nothing to show for it?
My take>> Grace/ Mercy, Favor & God's divine Sovereignty place a role in the entire affairs of humanity vizv-a-viz whatever you become in life, People call it luck/ opportunities, destiny, be at the right place at the right time etc but it boils down to my initial 1st sentence in this my submission ooooooooo mucheche Hahaha 🤣
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Hedonisco: 6:50pm On Jun 23
ogascomax:
He knows what he is talking about. Many rich people or wealthy people did not do special things to become billionaire. Many find themselves in a place of opportunities. Look those who became rich with Bitcoin. Some people lost their passwords, some sold their coins.
It was just grace that made plenty people rich. Many did not do any special thing and I repeat that.
The truth is even deeper than that. Let's even not start with 'natural' capacity itself, which is the ultimate luck. That you were born with propensity for mental clarity, or wit, sharp thinking, or charisma, oratory, social intelligence, any of - or a combination - of these, is in itself 'luck'. Because you did not choose the ridiculously impossible combination of factors that shape your DNA. So let's leave that fundamental level of luck.

Many people with the talent or natural abilities that would have increased their chances of being an Elumelu, even those of his set, chose to do things like lecturing, literature, medicine, and on and on. And maybe they succeeded at being accomplished university lecturers or novelists/journalists or doctors or whatever, but even at their best, they wouldn't be billionaires anywhere near Elumelu's level. Simply because they were not "lucky" enough to pour their natural abilities into Elumelu's field (banking).

But that's not as simple as it is in reality. Because many also chose banking, and worked hard at it and were smart enough, but they retired as a regional manager somewhere, while a 'mere' lecturer like Goodluck Ebele Jonathan somehow found himself attaining the position of president of Nigeria, which is even superior to Elumelu's accomplishments.

As we speak there are people with absolutely zero effort, talent or whatever who have no jobs or businesses, but they lounge all day in one mansion or apartment in Maitama or Banana Island watching Netflix, with their passport on their lap, waiting to fly this night or next week to Paris for a routine weekend getaway... While 'awon intelligent hard workers' slave away everyday for crumbs,with their BP medicine and panadol always in their breast pocket. Don't ask me how. The matter complex.

Look, life is a joke. Anyone that does not believe in luck, probability, 'grace', favour or whatever you choose to call it, is a victim of your own delusion.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by franchasng: 6:51pm On Jun 23
pocohantas:
Otedola said honesty is the keyword.
Elumelu say na luck.

What does Dangote have to say?
Many black people are very dishonest people, that is why you hardly see 100% black nations doing well to global standard. Blacks are very cunning and dishonest, so don't listen to Dangote and most others like him. Listen to white people, they are very straightforward with life.


Elon Musk have echoed this same thing about luck and wealth.


I have attended a lecture by a very known American business professor, in one of our crucial classes on business success, he told the class point blank that among all the business principles, sales and marketing principles that we have learned, that the one thing that crowns them all is luck. He called it the element of luck. He said without luck on your side, that most or all of your wonderful business ideas and startups may end up not flying or getting the required funding to make it a success. He gave us some instances, but dubious black people who knew they never made their wealth through being hardwork or ingenious like most whites would be claiming the most hardworking, the most honest and the smartest and claiming it was those things that made them rich without acknowledging what me I call "the God or destiny factor" in my own terms.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Neoteny(m): 6:55pm On Jun 23
He's absolutely right.

You can't just decide to be a billionaire and it works.

There's no secret formula. If it's hardwork, bricklayers would have yachts. If it's smarts, those 1st class nerds won't be slaving 9 to 5 for billionaire dropouts.

You can decide to be poor, though, and that doesn't need luck.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by tommy589(m): 6:56pm On Jun 23
Many people don't believe it is luck because it is coming from his mouth. A deep thinker should look at how he started and did it ever cross his mind he would be this rich.
Hard luck or Bad luck are related to misfortune.
Why is fortune not about good luck? Whatever business people do today to become rich,others have done it before them and failed.
Foundation of success is set when opportunity and luck walk together. And get to arrive at the right place at the right time. Securing success demands the the right smartness,because It is the only thing that takes someone far. I have always believe in luck
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by franchasng: 7:00pm On Jun 23
Hedonisco:
The truth is even deeper than that. Let's even not start with 'natural' capacity itself, which is the ultimate luck. That you were born with propensity for mental clarity, or wit, sharp thinking, or charisma, oratory, social intelligence, any of - or a combination - of these, is in itself 'luck'. Because you did not choose the ridiculously impossible combination of factors that shape your DNA. So let's leave that fundamental level of luck.

Many people with the talent or natural abilities that would have increased their chances of being an Elumelu, even those of his set, chose to do things like lecturing, literature, medicine, and on and on. And maybe they succeeded at being accomplished university lecturers or novelists/journalists or doctors or whatever, but even at their best, they wouldn't be billionaires anywhere near Elumelu's level. Simply because they were not "lucky" enough to pour their natural abilities into Elumelu's field (banking).

But that's not as simple as it is in reality. Because many also chose banking, and worked hard at it and were smart enough, but they retired as a regional manager somewhere, while a 'mere' lecturer like Goodluck Ebele Jonathan somehow found himself attaining the position of president of Nigeria, which is even superior to Elumelu's accomplishments.

As we speak there are people with absolutely zero effort, talent or whatever who have no jobs or businesses, but they lounge all day in one mansion or apartment in Maitama or Banana Island watching Netflix, with their passport on their lap, waiting to fly this night or next week to Paris for a routine weekend getaway... While 'awon intelligent hard workers' slave away everyday for crumbs,with their BP medicine and panadol always in their breast pocket. Don't ask me how. The matter complex.

Look, life is a joke. Anyone that does not believe in luck, probability, 'grace', favour or whatever you choose to call it, is a victim of your own delusion.
Are you minding them.


If you even talk about the Nigerian Yahoo boys, a lot of guys spend years doing Yahoo Yahoo and their life remain miserable for years as they struggle to get even $100 while another young boy will just hear about Yahoo today and follow his friend that have been doing Yahoo for years to start and in less than a month, the newbie boy hammers big money running into thousands of hard currencies....to them, it's also about being hardworking and intelligent?


Luck and destiny play the biggest part in what we humans become in life, people can argue forever they like, it's their business because I am a living witness.


There were years I labored so much to earn peanut, cracked my head so much to make ends meet and everything seemed so difficult like cracking stone....years later, things started working smoothly for me even with less effort. I rarely put in work now and I still earn more than those working harder.....and I know it's not because I am smarter than those still struggling, but the God factor which is equivalent to luck or even destiny to me.


And that's why I don't look down on anybody struggling now. That's why I always try my best to help those struggling in my own little ways because I know it's not entirely their fault because most work harder than me and still struggle to eat cry
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by franchasng: 7:04pm On Jun 23
Neoteny:
He's absolutely right.

You can't just decide to be a billionaire and it works.

There's no secret formula. If it's hardwork, bricklayers would have yachts. If it's smarts, those 1st class nerds won't be slaving 9 to 5 for billionaire dropouts.

You can decide to be poor, though, and that doesn't need luck.
Ask those arguing how many first class graduates they know that are billionaires or even millionaires? cheesy
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by jojothaiv(m): 7:15pm On Jun 23
We can all agree that it was quite easier to open a bank during his days and the license wasn't that hard or comes with bottleneck, I guess his privilege was the luck he had then but still do not let any entrepreneur sell the idea of hardwork as the only route to success for you, most of them don't even care to share the privileges they enjoyed while starting out...
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by phadul: 7:17pm On Jun 23
Another way of telling you he believes in GOD'S help in case you need further explanation! There is nothing to debate here it is clear
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by tunapawizzy: 7:20pm On Jun 23
Truth be told, success is luck. But then that luck picks amongst the ones that are prepared and ready.
To win a lottery, remember you have to first buy a ticket
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by KennethOkonkwo: 7:22pm On Jun 23
GanagiBitrus:
There is always an element of luck (or divine intervention) in most success stories.

What differs is to what degree did the luck play a role.
I swear.
I am sure he is not the most hardworking and business savvy in Nigeria!


There is element of LUCK in everything and that is what we called DESTINY.

I sweae with Almighty God Wiz,David and burna are not the most talented musicians in Nigeria,but they are the mist successful

THAT IS LUCK
THAT IS DESTINY
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by Leepeak(m): 7:23pm On Jun 23
Kind of correct but half truth, success is a skill
But it's fine when u calculate your risk, probability is involved, then sometimes government
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by GanagiBitrus: 7:25pm On Jun 23
KennethOkonkwo:
I swear.
I am sure he is not the most hardworking and business savvy in Nigeria!


There is element of LUCK in everything and that is what we called DESTINY.

I sweae with Almighty God Wiz,David and burna are not the most talented musicians in Nigeria,but they are the mist successful

THAT IS LUCK
THAT IS DESTINY
Absolutely.
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by lionofafrica12: 7:29pm On Jun 23
What most people don't understand is that Luck is very important in life, no matter how much you work if luck is against you, you may end up pouring water in a basket. In our days in Lagos, people go to the embassy and slept overnight for visa and would still be denied. I happened to work in a hospital in Lagos that cater to USIS staff, and I met one of my patient and expressed the intention of going to America with a simple letter of introduction to the Director of USIS and from the Director to the Consular Division(I was issued a Visa without any hassle ). That was luck and being in the right place at the right time.
Now as a Doctor in USA, I make over $1million per year before taxes(though Black taxes takes a lot of it as well). It is not by my might or power even though I have not been able to achieve all that I wanted (like participating in Politics in Nigeria).
Re: Tony Elumelu Sparks Debate After Attributing Billionaire Success To “luck” by kodded(m): 7:33pm On Jun 23
BigYash:
Some thing it's by hard work. The lucks he talks about is what the Christians call GRACE. There is an uncommon one.. na few people get am
as long as you are a Christian, you have the Grace of God to reach the highest level in whatever you are doing
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