My journey in business is about purpose, not just profit – Olatunji

In a world where entrepreneurial success stories often seem unattainable, Oluwaseun Olatunji stands out as a beacon of inspiration. Rising from modest beginnings in Ijebu Ode, Ogun State, he has built a remarkable business empire valued at approximately $310 million.

As the President and Group Chief Executive Officer of Brookfield Group Holdings (Africa), Olatunji oversees a diverse portfolio that spans mining, real estate, and beyond. His journey, marked by determination and a strong sense of purpose, exemplifies the power of hard work and resilience. In this interview with REMI FEYISIPO, he shares his experiences and the motivations that shaped his path to success. Excerpts:

With the present economic downturn, what advice would you give to aspiring entrepreneurs?

My advice is to remain adaptable and focused on value creation. Economic downturns can create unique opportunities for innovation and problem-solving. Identify gaps in the market and think creatively about how to address them. Additionally, maintain a strong network and seek mentorship from experienced entrepreneurs. Remember, persistence is key, and with the right mindset, you can turn challenges into stepping stones for success.

In the last 26 years of Nigeria’s democratic journey, how has it affected entrepreneurial development in the country?

The last 26 years have been transformative for Nigeria’s entrepreneurial landscape. While we’ve faced numerous challenges, such as regulatory hurdles and infrastructural deficiencies, the democratic journey has also fostered a burgeoning spirit of innovation and resilience among entrepreneurs. More importantly, it has opened avenues for dialogue and collaboration. Young Nigerians are increasingly embracing entrepreneurship as a viable path, and this is a significant shift that will drive economic growth and development in the years to come.

Your story is one of purpose and perseverance. What should people learn from you?

Stay true to your purpose. Embrace challenges as opportunities for growth, and surround yourself with a supportive team. Remember, success is a journey, not just a destination.

Your childhood in Ile-Ife was pivotal in shaping your values and aspirations. Can you tell us more about that?

Thank you for having me. Born on July 15, 1982, in Ile-Ife, my childhood in Ile-Ife was pivotal in shaping my values and aspirations. Growing up, I was surrounded by a rich cultural heritage and strong family ties, which instilled in me a sense of purpose and determination.

You moved to the UK in your twenties. How did your education there influence your business journey?

Attending Seventh Day Adventist Primary School and Command Secondary School provided me with a strong foundation. Later, obtaining a diploma in Computer Science from Obafemi Awolowo University equipped me with critical skills. This educational background was essential as I ventured into the business world.

In 2006, you launched Soltun Development Ltd. What motivated you to start your first business?

Launching Soltun was a significant turning point for me. It was the beginning of my entrepreneurial journey. I wanted to create something impactful, and that company laid the groundwork for what would eventually become Brookfield Group Holdings.

Brookfield Group Holdings has expanded into various sectors. What are some of your key achievements?

We’ve made strides in mining, aviation, and agriculture, and we’re now looking to enter banking and insurance. Our large-scale gold trading ventures across Asia and the Gulf region have significantly contributed to our growth.

You’ve received several prestigious awards, including the African Business Leadership Award. How do you view these accolades?

While I appreciate the recognition, I see these awards as a testament to the hard work of my entire team. Our achievements are collective, and I’m proud of what we’ve built together.

Family seems to be a cornerstone of your life. How do your family values influence your work?

My parents have been my greatest inspiration. My father, an international businessman and politician, and my mother, a retired banker, instilled strong values in me. I strive to maintain those values in both my personal and professional life.

As a father of six and a successful entrepreneur, how do you balance work and family?

It’s challenging, but I prioritise family time. My wife, Bamidele Olatunji, and I make it a point to be present for our children. Family is my anchor, and I believe that a strong foundation at home fuels my success in business.

Source: Businessday.ng | Continue to Full Story…