For Sijibomi Ogundele, Managing Director Sujimoto Group, taking into account the time value of money remains a good measure of sound investment decision.
Ogundele made made the assertion in Lagos while addressing a group of young emerging entrepreneurs, recently.
The ace entrepreneur said that the best time to invest is now, explaining that his experience has taught him that one cannot afford to leave today’s investment decision for tomorrow’s uncertainty.
Ogundele shared his experience saying, “two years ago, I was invited by one of this “big egbon” to own a part of Sujimoto, I offered him 10% at N2billion, and he said noooo, bla bla-bla. Today, he has re-invited us, offering N5billion for same 10%, but I have started my offer from 10billion, and I’m not moving one kobo. You must have the eye of a Warren Buffet, and see the intrinsic value in others.”
The real estate czar 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.