There is a lot to learn from the life and times of Olorogun (Chief) Michael Ibru; a man that has been described as the "tap root" or "iroko tree" of what is today known as the Ibru Dynasty and rightly so. He personified the word ENTRPRENEURSHIP and can be said to be a primus interpas among other entrepreneurs.
To begin with there are indeed many traits that make this noble Nigerian to stand shoulder high above many of his peers and others who have made a name for themselves in the business world.
One of them is his true humility in spite of his trumendous wealth and fame at a relatively tender age and another is his love for people in general that manisfested itself in the way he treated staff and others that crossed his path. This made many
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Goodie Ibru and Mr. Alex Ibru (Late) are well-known figures and great achievers in their own right. conglomerate is one that began with and team player total dedication
Risk taker: Every typical definition of entrepreneurship will include the element of risk taking. And, this is no different with respect to the life of Michael Ibru. He took a lot of risk when it was not very fashionable to do so and it paid off at the end of the day. ready to learn the ropes
Executor: There are many people today with many great business ideas, however, they have not executed any of them. One of the reasons for this, is the fear of failure. This was not true regarding Chief Michael Ibru who took the bull by the horn and went ahead to diversify and execute several business ideas into what is now known as the Ibru business empire.
Passionate: Very early on in life the young Michael was passionate about seeing opportunities where others saw none. A story was recounted by his late brother; Olorogun Felix Ibru according to This Day Newspaper page 10 about Michael asking for permission from his rich maternal uncle "to pluck some cocoa pods from his farm .......... to see if he could brew some drink from
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There has been a lot of obstacles along the way, but the fighting spirit of this great entrepreneur did not give up.
Of course, it would have been easier for him after facing such challenges to close shop and return to his promising career at the then United African Company (formerly known as Niger Royal Comapny), which would have led to not establishing this business into the empire that we know it to be today.
Evolving: The Ibru organization under the leadership of Chief Michael Ibru was one that evolved and continues to do so. He saw opportunities in other industries besides agriculture like distribution and marketing of industrial chemicals and took advantage of them in establishing businesses in such fields.
Networker: During his life-time this excellent busines man was a member of various bodies including the Lagos Chamber of Commerce and Industry, Nigeria-United States Business Concil, etc. and this afforded him the opportunity to network with
Entrepreneurs controlled the Gilded Age creating a growing economy with booming businesses and yet this has not changed over the years. John Rockefeller and Andrew Carnegie can be compared to those with the names Steve Jobs and Bill Gates. Multibillionaires, who know what the consumers desire, is what these men are best at. They knew and now know business well enough to be able to control our country’s’ economy. However, these successful business men do not do it together.
As our country reached the late 1800’s, Americans found themselves face to face with era known as the ‘Gilded Age’. Companies were created and grew rapidly during this time period. Some of the most famous entrepreneurs were John D. Rockefeller and Andrew Carnegie, who seemed to be the perfect models for the ‘rags to riches’ story. Many people debate which entrepreneur was a better role-model. Due to his low prices, the high demand for his products, and the way he sought to eliminate any possible competition, John D. Rockefeller is clearly the better role-model for today’s entrepreneurs.
His charisma and noble
As industry began to grow in America, a select group of pioneers such as Andrew Carnegie became controversial. The controversy was that they were simply rich and took from the poor. People who participated in such acts were referred to as “Robber Barons”. It is often said that Andrew Carnegie was a “Robber Baron” but he was not because in his case, he was one of the first people to bring industry to such a large scale. Without people before him, he had no guidance and therefore it was much harder to conduct business because he was essentially creating his own path.
Along with saving people's lives he also helped animals and had a true love for them. Many people who like animals tend to be kind and very persistent on getting their
Africa is known as the origin of the human race. Since that is the case, Africa has had the most opportunities to impress the modern world. Africa has done just that. Africa had three major kingdoms, each of which were major successes. Throughout history, Africa’s kingdoms have utilized their natural resources to become some of the most prosperous kingdoms the world has ever seen.
History should remember the entrepreneurs of the 1800’s and 1900’s as Captains of Industries or Robber Barons. These entrepreneurs
In the past, there have been many influential economic figures in the industrial business industry. Andrew Carnegie is one of the most famous of these figures but not just in a business scheme, but also in an economic and national scheme. Andrew Carnegie is a business man that caused a major controversial issue to arise; the topic of being labeled a Robber Baron or a Captain of Industry by the public. A Robber Baron is someone who has become wealthy through heartless and unethical business actions that will only benefit the individual. On the other hand, a Captain of Industry is a business leader who has become rich by accomplishing activities that will, overall, benefit the people of the community such as expanding a market or providing more jobs.
These qualities were what saved his life and helped preserve the memory of that terrible
His wife and him were very close. He always respected women and wanted to be loved by them. To be a leader and influential you need people to like you. If you are kind people will want to follow you and listen to you. So, to be influential you must be kind.
Mothers have pushed their children to achieve greatness since the beginning of time. Such an example can be seen in a mother’s request to Samuel Johnson for an archbishop’s patronage for her son and the response of Samuel Johnson. In this letter, Samuel Johnson uses various rhetorical strategies to explain and justify to the mother that there is no reason for him to endorse her son and talk to the archbishop about patronage. In the beginning, Johnson explains the mistake that the mother made.
It was a result of the free enterprise system that Henry Ford was able to establish his business and develop it into a successful enterprise. His success as an entrepreneur not only benefited him, but it also benefited other entrepreneurs. His leadership in this field led to the development of new concepts and ideas which were beneficial to future entrepreneurs and helped them to develop their own business ideas in order to become successful as well. Therefore, it is through the success of one entrepreneur that many others were also able to
He encompassed one of the most essential traits of being a leader, which is being authentic. This is evident in him understanding his purpose of being king; which was to bring change into the dictator political infrastructure. He practiced solid values such as integrity through demonstrating to people that he is not deviating from his purpose of bringing democracy as well as demonstrating self-discipline through adjusting his actions to meet his purpose. He established enduring relationships to ensure that people know that he cares about what they want and how he is going to do it. And lastly, he demonstrated courage through standing up against the bunker whom embraces an opposite political mindset as the one he envisioned for the future.
His heart to me was split in half. Half of his heart was ready to torture or kill anyone who got on his bad side, then the other half kind and wanted to help people in need. Yes, he through some of his money around for dumb thing, but he didm;t have to spend his money on other people. His legacy was left as a cold-blood killer but then a generous
He has always been of the view that smalrt leaders are those who have the ability to develop smart followers. A leader working with an incompetent or incapable team will never be a great leader. In every diversification process that Reliance has undertaken, he did not rely on existing leaders in his business. He instead opted for talented manpower and smart leaders who have expertise in the specific domain where Reliance was venturing into. This has since then become a trademark of how the man