Skip to main content

How I started my business with N120— Chisco boss

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.

Like most entrepreneurs from the East, 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.
chidi-anyaegbu
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.

TS: You have lots of achievements, but share with us what you regard as your biggest achievement so far?

Chief Anyaegbu: My greatest achievement in life is the God-given opportunity to me to serve humanity across the globe because I see serving humanity as the same thing with serving God. At this stage of my life, what keeps me going is the provision of over 4000 jobs to the Nigerian populace of which the youth segment is a clear majority.

TS: You were in the spare parts business before you started your transport company – Chisco Transport. What inspired the change?

Chief Anyaegbu:       Yes, we started with spare parts business in 1978 and was very successful but the demand for transport and logistics services was overwhelming and was even affecting our business as people and cargo would always be stuck for days with no vehicle. Chisco Transport began its pioneer route with Lagos to Onitsha with a fairly used bus but with hard work and a keen eye on customer satisfaction we continued to grow from strength to strength And today our group have not stopped aspiring to meeting the needs of yearning populace demanding for hospitality service, energy, haulage, courier and even spare parts, tyres etc. We strive to live to the expectation of our loyal customers by being consistent in delivering quality service. Integrity and honesty are part of the core values of our brand and that is why all our stakeholders including our bankers, customers and the government have recognized us as valuable partners over these decades of active service.



- See more at: http://www.vanguardngr.com/2014/11/started-business-n120-chisco-boss/#sthash.oHo87H5E.dpuf

Comments

Popular posts from this blog

Which of these business Africans inspires you most and why?

                           Aliko Dangote                                                         Michael Adenuga                                  Isabel Dos Santos                                                       Tony Elumelu                               Nicky Oppenheimer                                                  Siza  Mzimela Folorunsho...

Rachel Sibande, Malawi’s Innovation Champion

Rachel Sibande is the founder of M-Hub, Malawi’s first technology hub. It is an incubator for technology startups with a special focus on building young tech entrepreneurs by offering them training, skills development and mentorship.  “M-Hub champions the development of technology solutions as its main lifeline.The hub invests its profits in social good programs that build capacities of children, girls and youth in developing technology applications. Ultimately, M-Hub wants to be the prime software solution provider in the nation and beyond, employing skills of young Malawians.” Girls and Their Toys Rachel’s interest in technology started in her school days when she found herself playing with different gadgets, radios and anything tech she could find. Later on, she studied computer science at Malawi’s Chancellors College and then sparked off her career as a programmer before diverting into lecturing and teaching. “Growing up I had a passion for gadgets...

THE 20 MOST POWERFUL AFRICAN WOMEN IN BUSINESS

“You have to think fast in business.  If someone asks – Are you sell ing your blouse? Sell it! You can always buy another one. The first day I opened my shop, I only had five bunches of roses. My first customer didn’t see the flowers I had – all he saw was water. So he asked me: Are you selling water? I told him – Yes! That 20 cents he gave me was my first income. You have to be brave. You have to be aggressive. Don’t be embarrassed.”  – DINAH BINAH, FLORIST, TANZANIA Like Dinah, each woman’s remarkable achievement is the result of a combination of many elements: identifying and maximising opportunities, striving for excellence in everything and a refusal to turn from their vision. Maybe you’re just starting out in your career; perhaps you are 30 years deep, let something from these women drive you to be the absolute best in whatever you do – be it creating floral masterpieces or brokering contracts worth millions.   NONKULULEKO NYEMBEZI...