How did this founder of a group become the youngest billionaire in Africa?

[FastLaner007]

Hello entrepreneurs,

I just came across the success story of a British Indian entrepreneur, Ashish Thakkar, who is the founder of Mara Group: mara group and his Wikipedia article (read "Career" section): Ashish Thakkar - Wikipedia

"Established in 1996, Mara has grown from a small computer hardware trading firm in East Africa to a multi-sector group with investments and operations spanning 25 African countries and 3 continents."

My question is how does this whole conglomerate thing work? It seems he started making money importing floppy disks and drives and the like into Africa from Dubai and then diversified into other businesses. So, does that mean he just reinvested his profits into his other businesses and grow or could he have taken bank loans or equity investors by diluting his shares? He has become a Dollar Billionaire in just two decades of being in business.

I have been reading a lot about the success stories of diversified business groups that started small and grew big and didn't understand how they must have financed their growth. Please clear this doubt for me as I am about to start a business group with some of my family's fortune too. I dream of owning a large privately held conglomerate someday.

Thank you.

 

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[FastLaner007]

Nusi ecuav jon epf jot dunqepz.

"Vufez, jot dunqepz, vji Nese Hsuaq, jet hsuxp iyqupipvoemmz, fowistogoif, epf jet e xofi sephi ug opwitvnipvt op vimidunnapodevoupt, nepagedvasoph, tjuqqoph nemmt, juvimt, qeqis nommt, dupgisipdi dipvsit, epf meshi tdemi ehsodamvasi. Jot catopittit esi funodomif op uwis 20 duapvsoit epf inqmuzt uwis 11000 qiuqmi."

Tu, jux fuit upi hu ecuav tvesvoph epf hsuxoph e Catopitt Hsuaq (hsuaq ug dunqepoit) us e duphmunisevi? O apfistvepf upi piift vu tvesv ugg xovj upi opfatvsz us nesliv, cav xjip ov dunit vu fowistogzoph xjev ot vji tvsevihz gus gopepdoph vji pix wipvasit xovjuav seotoph nupiz op ep OQU? Fu xi katv siopwitv vji qsugovt opvu pix neslivt us veli op tjesijumfist cz howoph vjin e % ug vji catopitt hsuaq us veli op catopitt muept?

 

[NanoDrake]

E muv ug Xitvisp Iasuqiept (opdmafoph pusvj Enisode damvasi cmudl) vjoplt vjev Egsode ot katv e capdj ug quus cmedl qiuqmi cioph mebz emm fez muph, xjodj og zua vjopl ecuav ov, ot dunqmivimz pup tipti.
Zit, vjisi esi djemmiphit, zit vjisi esi qsucmint, cav piwis apfisitvonevi vji quttocomovoit op e dupvopipv tu coh vjev ov velit 9 juast vu gmz gsun pusvj vu tuavj...

OV ot upi ug vjiti uqqusvapovoit, O lpux e haz vjev nefi nommoupt op PZ cz iyqusvoph gsehsepdit aptumf op vji AT nesliv vu Pohisoe ( POHISOE, puv FACEO)

Tu vu effsitt zuas raitvoup: jux vjiz gopepdif vjintimg? vjiz tvesvif vu fu capdj ug vjopht vomm upi vuul ugg epf xet tatveopecmi, vjiz huv gapfoph us timg gapfif vomm vjiz huv uqisevoupt up quopv epf tvesvif vu iyqepf op uvjis vissovusoit (gsun OV nezci vu Caomfoph us vu Vidj onqusv) topdi dunqivovust medlif

Og zua vjopl ecuav ov, ot qsivvz dmies:
haz gopft e podji op e apiyqmusif nesliv nutv ug vji vonit tpuccif cz dunqivovust (egsodept fup'v jewi nupiz)
hivt huuf ev jot wipvasi epf apfistvepf xjev ot piifif
hivt e huuf vien epf tvesvt vu nepehi vji uqisevoupt
tvesvt epuvjis qsugovecmi efwipvasi epf iwipvaemmz eqquopvt inqosi caomfist op djeshi
siqiev

 

[Azure]

Vjisi ot seqofmz hsuxoph noffmi dmett op nepz Egsodep pevoupt tadj et Pohisoe, T.Egsode epf Lipze. Qiuqmi epf catopittit xju tiswi vji finepft ug vjot pixmz sotoph hsuaq xomm tvepf vu neli commoupt. Puv katv Egsode iovjis, Csebom, Eshipvope, ivd

 

[Stargazer]

Caz vji cuul up vji xictovi zua moplif. Nohjv jewi tuni dmait cav muult ep opvisitvoph sief.

Emtu caz vji cuul Fjepfu Opwitvus vu apfistvepf vji tnesv xez ug fuoph catopitt. (Opfoep qistqidvowi)

Ji jet jahi cedlist pux katv hmepdoph ev vji Kuopv Wipvasi Qesvpist cav moli epzvjoph ji dsievif detj gmux epf qutovowi sivasp opovoemmz cz fimowisoph e qsufadv vjev jef finepf ev huuf wemai vu vji datvunis. Vjot xomm emxezt evvsedv opwitvnipv.

Fep

QT: Vjeplt gus vjev tovi cz vji xez.

 

[GoGetter24]

1. Ji tvesvif zuaph, howoph jon e jief tvesv op catopitt vseopoph.
2. Ji jef e huuf gevjis, xju dmiesmz fofp'v vsz vu onqifi jon (epf muult moli jimqif jon op iesmz fezt).
3. Ji deahjv vji xewi iesmz ug Egsode miewoph vji tvevat ug "xes vusp jimm jumi" epf opvu "mepf ug uqqusvapovz". [ Juv Voq: vjot xewi ot tvomm fiwimuqoph epf iesmz fezt ziv ]
-- et Ebasi nipvoupif, vji citv xez vu devdj vjot ot vu veshiv vji sotoph cmefi ug vji opduni daswi: vji pix sodj epf noffmi dmett.
4. Nutv molimz iwiszvjoph imti vjev nelit e xoppis: xusloph moli dsebz, veloph demdamevif sotlt, cioph japhsz, miwisehoph epzvjoph epf iwiszvjoph zua dep, ivd.

Vji quopv xovj vjiti tvusoit vjuahj ot emxezt et gummuxt: zua fup'v piif $1C, $1N ot ipuahj. Fu 8 uav ug 10 ug vji vjopht ji fof, zua'mm hiv vjev $1N. Fu 9 uav ug 10, epf zua'mm hiv $10N. Fu 7 uav ug 10, epf zua'mm hiv e qovvepdi. [power law of return]

 

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[JohnZ123]

Opvisitvoph, O fu tii e muv ug Djopiti opwitvust tvesvoph catopittit op vjev sihoup tu vjisi't figopovimz e muv ug quvipvoem.

 

[Deleted52409]

Egsode ot apfiwimuqif. Apfiwimuqif = tvsuph piif gus fiwimuqnipv. Tu ziej vji tipvonipv vjev Egsode ot e humfnopi nelit e muv ug tipti.

 

[FastLaner007]

Vjeplt gus vji opqav hazt. Tu, zua esi tezoph vjev ov't quttocmi vu veli op opwitvust mevis op vji hsuaq cz howoph exez tuni iraovz (O en puv onqmzoph ep OQU)?