MEET MOHAMED MANSOUR: AFRICA'S BILLIONAIRE

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Mohamed Mansour founded ManCapital LLP in early 2010 and serves as its Chairman of the Board. Mr. Mansour is the Founder and Chairman of ManCapital LLP. He is the Founder of Mansour Automotive Company. In 1975, he focused on the automotive business building the partnership with General Motors which began the profitable growth. Mr. Mansour was the Minister of Transport in Egypt from 2006 to October 2009. Mr. Mansour has led Mansour Group, together with his brothers, from one business breakthrough to the next. He expanded Mansour portfolio. He was the President of the American Chamber of Commerce, as well as the Secretary General of the Egyptian Center for Economic Studies (ECES). He serves as the Chairman of the Board at Mansour Automotive Company. Mr. Mansour also serves as the Chairman of Mantrac. He serves as a Director of Mansour Group. He serves as a Member of Global Advisory Board at Council on Foreign Relations, Inc. He served as the Chairman of Credit Agricole - Egypt Bank (S.A.E.). He was the Founder and Chairman of the Lead Foundation. He held a directorship in the Egyptian Stock Exchange and Chairman of the Egypt US Business Council. Mr. Mansour’s leadership grew the partnership to six more African nations as well as Iraq and Russia and is consistently in Caterpillar’s top 10 distributors globally. He completed his education in the United States. He holds MBA at Auburn University in 1971, he then was selected to join the faculty and taught at Auburn University’s School of Business. He achieved a BSE in Engineering at North Carolina State University, class of ’68.

LESSONS FROM MOHAMED MANSOUR

·         Formal education matters – but not always. The great majority of BEs – about 90 percent – have a college degree. But it’s not necessary for success. Among the world’s super-rich today, Bill Gates, Steve Jobs, Fred DeLuca, David Geffen, and Andrei Melnichenko didn’t graduate from college. And David Murdock (Dole Foods), S. Truett Cathy (Chick-fil-A), and Richard Desmond (British publishing magnate) never finished high school. I was Privilage to finish school and it has really helped my way to this point but its sure isn't everything when it come to being successful.

·         Don’t wait for luck.  MOhamed Mansour mentioned that when it came to his ingredient for success, luck was never a factor, he had to work very hard for his money. Besides in a recent Forbes poll of the 400 richest people in the world, none said they had become wealthy entirely by luck. Some said they considered luck to be a minor factor. Most, like Oprah Winfrey, consider luck an outsider’s way of describing someone who works hard and seizes opportunity. “Luck,” Winfrey says, “is preparation meeting a moment of opportunity.”

·         Mohamed Mansour is not driven primarily by money. "Studies show that the desire for financial success is no stronger among entrepreneurs than among those not starting a company,” says entrepreneur expert Kelly Shaver. Wharton School management professor Raphael Amit agrees: “No one is saying they don’t like their wealth; but what matters more is the innovation, the intense commitment they have to an idea and the difference it can make. Money is a by product.

     Here you have them, a few point to give you an insight of what Mohamed Mansour life principles are. These point should always be at the back of your mind whenever you are embarking any business decisions. If you like the article, please don't forget to share us wIth your friends and comment to help us serve you better.

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