Dr Reginald Mengi has a very simple formula for success. His mantra is: “I must, I can, I will.”
He says there must be no room for doubt in your mind if you want
to succeed. “Evict all doubts from your mind. Don’t say if I can or I hope
I will. Once you have a vision, commit to you goal and you will accomplish
it. If you aspire to do something and you don’t really believe you can do it, you have failed before you got started,” he says.
He is a firm believer in “Start small, but think big.” Mengi’s first
business was manufacturing ballpoint pens on a very small scale. He bought the pen parts and put them together. A pen is a common, small thing but it became the foundation of his conglomerate. He advised us not to out rule any opportunity and to always think big, even though our start may be small. Think lake, not fish bowl. That is Dr Mengi.
To succeed you must put a high value on yourself “No one can increase the value you put on yourself, so always set a high value on yourself,” he says.
After you have decided what venture to undertake, the 1st Priority must be Commitment, and the 2nd Priority must be Competence.
Other gems from Dr Mengi
+++To run a successful business, be confident, delegate wholly with trust, be honest in negotiations.
+++Build a sense of belonging with your employees, “it’s our business.”
+++ “Money is a blessing.” Find ways to say thank you to: God, Customers and people in general.
+++Do not pollute your pollute the environment in your business.
+++”There is no such thing as individual happiness.” Here the example he
gave: If you see a man walking down the street alone laughing, you will say
that he is crazy. If you see 2 or 3 people walking down the street laughing
together, you will say that they are happy.
+++ “Fear is the biggest enemy for an entrepreneur.” Every opportunity has
inherent risk. Understand and weigh business risks.
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As of November 2013 Forbes Magazine described Dr Reginald Mengi’s Net Worth
$550 M. The Forbes’ list of Africa’s Richest, described him as
being number 34 of Africa’s 50 Richest