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Full Biography Of Aminu Dantata

Gudtalent Chrisent

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Aminu Dantata entreprenuer nigeria
NET WORTH IN $Billion

Biography Of Aminu Dantata | Aminu Dantata Profile

Alhaji Aminu Dantata

Aminu Dantata whose full name is Alhaji (Dr)Aminu Alhassan Dantata is a prominent Nigerian businessman and philanthropist. Aside from being very much self-made and wealthy in his own right, he is also related by blood to the Aliko Dangote as he is Dangote’s great grand uncle. Aminu Dantata was also one of the leading promoters of the Kano State Foundation which is an endowment fund that supports educational innovations and gives grants small-scale entrepreneurs in Kano.

Background
Aminu Dantata was born into the family of renowned business mogul Alhassan Dantata and Amina Umma Zaria as the fifteenth of seventeen children. He got his primary education from Dala Primary School from 1938 to 1945 and then went on to complete his education through home schooling from a private school his father built.

Rise To Wealth
Because his father was already in business and had cleared the way for his sons, Aminu went on to join the family business- Alhassan Dantata & Sons Limited after his education. He started out as a produce buyer in 1949 and also got married in the same year.

He eventually became the Sokoto district manager of the business in 1955 and that was sadly the same year his father died. Consequently, the shares of the business were distributed to the children and in 1958 he became the managing director of the business alongside his brother Ahmadu who was the managing director. He became and remained the Chairman and head of the business after the death of his brother in 1960.

Dantata went on to stretch out the business into many diverse sectors including politics. He became a commissioner in the newly created Kano state in the late 1960’s. He also created a construction firm in the early 1960’s that was even patronized by the newly independent government in Nigeria. His firm was given the contract to build a part of the School of Aviation in Zaria.

Aminu Dantata was also a very much recognized patron of the newly independent Nigerian Government such that he was sent on important state affairs. In 1961 himself and three other businessmen were sent on the first worldwide mission by the independent government of Nigeria; it was a 23 member economic mission.

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What Are The 4 Types of Entrepreneurs?

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When you know the different types of entrepreneurs, you will be able to decide which one you want to be and how to go about it or improve on it. The truth is that the world of entrepreneurship has been booming recently. With so many budding and well-established entrepreneurs out there. Entrepreneurship involves so much work and commitment. You must also possess certain skills if you want to be successful as an entrepreneur. Many individuals venture into this field just because they want to be their own boss but it is worth noting that entrepreneurship is much more than that.

Whether you are just starting out or you are already an entrepreneur, you need to know the kind of entrepreneur you are or you wish to be. If you feel stuck and not making much progress in your business, knowing the type of entrepreneur, you are can give you the clarity you need to move forward in your business.

The 4 Types of Entrepreneurs

This article explains the 4 major types of entrepreneurs we have.

  1. The Hustler Entrepreneur
  2. The Innovative Entrepreneur
  3. The Imitative Entrepreneur
  4. The Research Entrepreneur

(1) The Hustler Entrepreneur

These types of entrepreneurs are always goal-driven and very determined to achieve their very goals. They are the kind of entrepreneur that have not made it yet but eventually will. To start and grow a business successfully, one needs a lot of resilience. It can be a very difficult task especially if you do not have the necessary capital to start. You would also need to be very patient and able to see the big picture.

Hustlers don’t seem to worry about the problems they encounter on the way, because they see them as stepping stones to greater things. They tend to start small and gradually work their way to the top, willing to do whatever it takes as they climb the ladder of success.

A hustler believes that hard work is more important than capital when starting a business. Their work ethic is simply off the charts, though they are prone to burn out due to intense work.

(2) The Innovative Entrepreneur

An innovative entrepreneur introduces new ideas into the system. They come up with new and better ways of doing things and them into a viable business. Discovering a new market, a new method of production, and eventually reorganizing the enterprise. Their major drive is to make life better and easier for people and in doing so they create a business around their innovative idea. Innovators always look for a way to make their products look unique in the eyes of customers and make their company stand out.

Although these types of entrepreneurs require a lot of capital to bring their innovative ideas to life and often experience resistance from shareholders. They also enjoy all the glory that comes with the success they achieve in the process of implementing their new ideas. They create the rules and often do not have to worry about competitors during the initial stage of establishing their business. With a strong belief in their new ideas, they tend to achieve success though it might take a while.

(3) The Imitative Entrepreneur

Unlike hustlers, imitators just copy certain business ideas and build their own from there. They also tend to improve on the business ideas by making the product better or just doing something else that the parent business is not doing. They combine both the qualities of an innovator and a hustler. Even though the idea is not originally their own, they are willing to work hard, make the business better, and rake in large profit from it. They are known to possess a lot of self-confidence and are very determined.

While some do this by modeling after someone else’s business, others just copy everything exactly the same way. You see them use the same website, same theme, business cards, and even similar logos. This might seem like an easy way out, instead of thinking of their own original idea. But copy cats are always faced with the problem of competition and being compared to their parent business. Modeling is a better way, in which you figure out what works and apply it in relevance to your business.

(4) The Research Entrepreneur

Preparedness is key to these types of entrepreneurs. So, they spend a lot of time gathering all the needed information about any business they want to start. They look at every possible scenario, challenges they may encounter, and the strategies they would use to start the business.

With adequate preparation, they believe failure is not an option since they would have already looked at every possible pitfall likely to be encountered in the business. They would make sure they fully understand all that the business is about before even launching it, this makes them spend a lot of time in the decision-making process.

While it is a good approach to have a good deal of the business and financial plan of a business figured out, a researcher might be stuck in the decision-making stage for a long time and eventually end up not making it to the implementation state.

Conclusion

From the list above, have you been able to figure out the type of entrepreneur you are? Entrepreneurship requires hard-work no matter the type of entrepreneur you are. Whether you imitate or innovate, you still need to do a ton of work to make your business stand out and achieve notable success in any field you choose. Leverage the freedom that comes with being an entrepreneur and find out what works for you. List out your goals for your business and strive to reach them.

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