I'd like to share a quote from Adam Smith written about 1740, so over 200 years ago.
He wrote that an entrepreneur..."by pursuing his own interest, he frequently promotes that of society more effectively that he intends".
He wrote that an entrepreneur..."by pursuing his own interest, he frequently promotes that of society more effectively that he intends".
https://twitter.com/skinandall_/status/1440010532577288195
"Even if a businessman intends only his own gain, he is led by an invisible hand to promote an end to which is not his intention"
-Adam Smith.
-Adam Smith.
I don't 100% agree with Adam Smith. But I find his perspectives interesting because simply because they have so much money, Samad and Aliko give more money to charity than anyone else in Africa.
It's far more difficult to help the poor if you are part of them.
Nearly everyone can do something for someone. But the scale of the Dangote Foundation, Jim Ovia Foundation etc are much larger.
Nearly everyone can do something for someone. But the scale of the Dangote Foundation, Jim Ovia Foundation etc are much larger.
I give scholarships every year. And I think I do a large number. But I Jim Ovia has spent over N100m on scholarships. In fact I don't know anyone that has applied that didn't get it. The money is there.
If you are looking for scholarships apply here, chances are you will get it:
jimoviafoundation.org/scholarship
jimoviafoundation.org/scholarship
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