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Sujimoto MD counsels entrepreneurs on investment strategy

Managing Director Sujimoto Group, Sijibomi Ogundele, has said taking into account the time value of money remains a good measure of sound investment decision.

He said this in Lagos while addressing a group of young emerging entrepreneurs.

Ogundele explained that his experience had taught him that “one cannot afford to leave today’s investment decision for tomorrow’s uncertainty”.

Ogundele said, “Two years ago, I was invited by one of these “big brothers” to own a part of Sujimoto. I offered him 10 per cent at 2 billion, and he rejected. Today he has re-invited us, offering 5billion for the same 10 per cent, but I started my offer from 10 billion, and I’m not moving 1kobo. You must have the eye of a Warren Buffet, and see the intrinsic value in others.”

The real estate expert said that “every entrepreneur must have an eye for opportunities and not afraid to take calculated investment risks”.

“Sujimoto Construction is currently developing a one in class luxury real estate asset, the LeonardoBySujimoto, in the heart of Banana Island, Africa’s most expensive neighborhood.

“When completed, the LeonardoBySujimoto project will be the most endearing single luxury property in West Africa,” he added.

Bibiyobra: Sunday, 29 November 2020 at 11/29/2020 04:09:00 pm


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