Tony Elumelu's Top 10 Rules For Success (@TonyOElumelu)

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Evan Carmichael

Evan Carmichael

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He's an economist by training, a visionary entrepreneur and a philanthropist.
He's the Chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation.
He has an estimated net worth of US$1 billion.
He's Tony Elumelu and here are his Top 10 Rules for Success.
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• Tony O Elumelu's advic...
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• My Journey Interview w...
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• Part 2: How Elumelu's ...
• Video
1. Stay focused
He has two degrees in economics from Nigerian universities, and a master of science degree from the University of Lagos.
2. Have a vision
He is an alumnus of Harvard Business School's Advanced Management Programme.
3. Read & Execute
In his early career, Elumelu acquired and turned Standard Trust Bank into a top-five player in Nigeria.
4. Seize the opportunities
His corporate reputation as an African business leader was sealed when he led the largest merger in the banking sector in Sub-Saharan Africa.
5. Be disciplined
In five years, he transformed United Bank for Africa from a single-country bank to a pan-African institution with over seven million customers.
6. Work hard
He founded Heirs Holdings, which invests in the financial services, energy, real estate, agribusiness, and healthcare sectors.
7. Impact others
He established the Tony Elumelu Foundation, an Africa-based and African-funded philanthropic organisation.
8. Don't disappoint
In 2003, the Federal Government of Nigeria granted him the title of Member of the Order of the Federal Republic.
9. Create good service
In 2006, Elumelu was voted African Business Leader of The Year by the Africa Investor magazine.
10. Think about your legacy
He was recognised as one of "Africa's 20 Most Powerful People in 2012" by Forbes Magazine.
Victor Columba:
If you put up your own money, it forces you to work extra hard to make the business successful, versus putting up other people's money that you won't care less if the business breaks even or not. Please profile Tony Elumelu. Thanks
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