“My daughter said I just sleep for a living, and that changed everything” – Femi Otedola
- Femi Otedola, a prominent Nigerian billionaire, shared a personal story in a viral video.
- A comment from his daughter during her school years prompted him to return to active work.
- Otedola had previously retired from day-to-day business operations after amassing significant wealth.
Popular Nigerian billionaire businessman, Femi Otedola, has opened up in a viral video about how his daughter’s remark at school pushed him back into active business after he temporarily stepped down from work.
Otedola explained that at one point in his life, he had accumulated enough wealth to live comfortably on interest earnings of about 35% of Nigerian banks. According to him, this level of financial stability has forced him to step back from day-to-day business activities.
He pointed out that during that period he was satisfied and had no immediate plans to return to active work, as his savings brought in sufficient income.
However, the business mogul said his perspective changed after a conversation involving his daughter at school. He recalled that when she was asked what her father did for a living, she replied that he “sleeps every morning”.
Otedola said the comment hit him deeply and made him think about how he is viewed, even within his family’s perception.
He added that the experience eventually inspired him to return to active entrepreneurship, describing it as a turning point that reshaped his business approach and purpose.
In his words; “I used to make money and put it in Nigerian banks and earn 35% interest until one day my daughter was asked at school what her daddy was doing and she said I was sleeping. Then I started business again.”
Check out the post below:
Read some comments below:
@eFifaworldcup26:”Many people don’t know what money that works for you means. I can categorically say that this man is the biggest investor in Nigeria. He built his wealth on investments while living a simple juicy life. NB: Young people learn the act of investing, it will save your future.”
@gabsonojo1:”One thing I know for sure is that we Nigerians like to jump to conclusions without knowing all the details first. I’m very sure that statement wasn’t the start of the interview. Something had to lead to that answer but most people didn’t bother to find out. Instead, they immediately concluded that he was seeking attention or trying to gain influence. We really need to learn to think beyond our emotions and look at the Bigger Picture before passing judgment. If he had explained exactly how he made his money, some of you would still find a reason to we seem to be mostly not interested in understanding, we just want something to think about.
@wilsonhighlife: “Once you got money like this…lots of talk, just dey come out dey go dey sweet 😢.”
kayveen_gee:”I never planned to work again, he didn’t say never work in my whole life. That means he used to work and save and then invest his savings.. some of you just focus on watching the content and not reading the title behind 🤦🏻♂️🤦🏻♂️.”
@joshimaru1:”He put in the banks, not the bank.. that’s why he earned 35% a year.. you should learn to read carefully.”
