Friday, 7 November 2014


When it comes to entrepreneurship, Chief Dr. Chidi Anyaegbu, CEO Chisco group has not only proved himself but has blazed a trail that others can follow. He started out selling Spare parts but with a seed fund of just NGN120, goodwill, a detailed plan and a passion for excellence, Chief Anyaegbu has grown his transport business into the conglomerate, Chisco group having arms in Oil and gas, finance, hospitality, real estate, education, import and export.In the course of his business, he also attended several short Management and Entrepreneurial courses in France, USA, Brazil, Germany, and United Kingdom. He was conferred with a Doctorate Degree in Business Administration (Honoris Causa) by Penn State University, USA in 1996. He is a Fellow, Chartered Institute of Logistics and Transport (International) London and possesses the Business Certificate Award by University of Houston USA.
In this interview with Tobi Solarin from Vanguard Spark, this passion-driven entrepreneur shares his perspective on success, business and service to God and humanity which I’ve summed up as follows:
He stated his greatest achievement in life is his God-given opportunity to serve humanity across the globe and what keeps him going is the provision of over 4000 jobs to the Nigerian populace of which the youth segment is a clear majority. He started off with a spare parts business in 1978 and was very successful but the demand for transport and logistics services was overwhelming as cargo would always be stuck for days with no vehicle. Chisco Transport began its pioneer route with Lagos to Onitsha.  Hard work and a keen eye on customer satisfaction allowed the group to grow into supplying services within the hospitality, energy, haulage, courier and automobile sectors. We strive to live to the expectation of our loyal customers by being consistent in delivering quality service. And as for the N120.00 that he started his business with, guess where it came from? N150.00 that his master settled him with in 1978 after serving as an apprentice. So here is what I gained from this article:
  • Before you even think about starting a business or career, acquire the skills you’ll need. Opt for an internship, apprenticeship or training program. It will be time well spent. 
  • Invest in yourself! Everyone is looking for a venture capitalist to come and invest in the dream but do you really think anyone will invest in your dream when you are not willing to do so?
  • Find a profitable business service but make sure it’s something that you absolutely love doing.
  • Your customers are the reason you are making money. Give them the respect attention and dedication they deserve
That’s all from me folks, have a brilliant weekend!

1 comment:

  1. Would like to say I'm not a trading type with the master-apprentice model. Hope to have a better view if properly trained or with a model of my design.