Buying And Selling Businesses

You are a winner. You never give it up. You continually bombard me with the title above, requiring that I should teach the traffic about this title: ‘Buying and selling business ideas in Nigeria’. I saw it in blogger stats some times ago. 
                                  

I saw the title of this: ‘buying and selling businesses in Nigeria’. I know it. But I am not ready to post an article till I surprisingly saw a reader leave his or her comment on “buy and sell” in the box below my blog and I decide to give it up by writing about this title people online want to know. 

Let me reveal a secret what and how Bill Gate, Aliko Dangote, Jimoh Ibrahim, etc get richer and get richer in the world. 

They are so richer, not because they have business, but they buy and sell businesses to the rat race as a selling shareholder. How? Let me take an instance of Bill Gate.  

He bought a resale right of Microsoft software from some body, built it into expansion as his team for some years ago and then sold its share per price to the public rat race by listing it on the stock Exchange as Initial Public Offer (IPO). 

That is why he and his partners (private investors) make millions in share according to their units of shares from the public buying shareholders they invested in. they are called underwriters. Please see the word ‘underwriters’ in any IPO booklet as an example.

Another again, Aliko Dangote bought different business ideas like Dangote Sugar plc, Dongote Cement plc, Dangote flour plc, etc with bank loans he never studied it in school and developed it into expansion using people’s energy and big brain as his team for some years ago. 

Then he listed his business ideas one by one on the stock exchange market as initial Public Offers (IPO) after agreeing with his partners (investors) about the amount of share per price they wanted to sell during the meeting. 

That is why he becomes the richest man in Africa. Have you not seen he listed his business (Dangote Sugar) in the food and beverage sector on the stock market? Have you not seen he listed Dangote cement plc in the building sector on the stock exchange? Have you not seen he sold shares of business -Dangote flour plc at N18 per share in the beverage sector as IPO to the rat race on the stock market in 2006/7?
 

It is the same story as Jimoh Ibrahim. He was so wealthy. He has some many businesses he bought from somebody. He bought one of dead business ideas from somebody. 

Then he improved it well. Then he sold its share of his oil business to the rat race if he wants. I saw in the paper that he soon plans to list on the stock market because he called only a few investors to invest in its private placement. 

Let me stop here. What do you want to say? Is it not what you look for? Let me know by dropping your comment here in the box below. I will happily share it with you nationwide. Thank you for choosing and reading this article and then pass this link to others on your blog, forum and social sites if you know how worthy it is.

Happy reading!