"Nothing turns on this" You can overcome adversity -Strive Masiyiwa


By Strive Masiyiwa

 

If you have just failed your exams, lost your job, or had a setback in your venture, I want you to declare: "#NothingTurnsOnThis.

It will not change the outcome concerning my destiny." Then get back into it, and don't give up... Believe me, you are not alone.

 

Most of you know that in 2001, I set up a consortium to bid for one of Nigeria's first two mobile licenses. We had 22 investors, including ourselves. Each held a stake between 1-10%. This was a huge project and the license alone cost us US$285m. I ran the entire project and provided over 200 people to help set it up.

 

After we launched the network within the required six months, I had the great privilege of making Nigeria’s first GSM phone call (to the regulator) to say, “We’re live!”

It was meant to be the crowning achievement of everything I yearned to see -- so many Africans working together not just to build a network, but also help build a nation. Alas it was not to be.

After less than 12 months, our consortium had a major dispute, even though we had succeeded in setting up the country's first mobile network. Today is not the day to re-litigate that dispute. For now, just accept that I didn't agree with some of the shareholders, and they kicked me out of the business and changed the name of the company.

 

Not long after kicking us out, the majority of our partners decided to sell the business to a group from the Middle East. Although I offered them $1,5bn for their shares they refused. Under our agreement they were required to sell to me. (We call it the right of first refusal).

After failing to get an urgent hearing in Nigeria, we rushed to a court in the U.K. The judge there refused to entertain our request and referred us back to Nigeria! He went so far as to say we had no right to approach a British court: "This matter is for the Nigerian courts. You must go there!"

Our opponents were jubilant.

"See you in Nigeria," they chimed, "in 10 years!"

"A case like this could take 20 years in most African courts," said one of my lawyers quietly. "You should consider giving it up."

As we left the court I did not say a thing. I just got into a cab and went back to my hotel. There I locked myself in my room for several hours, and prayed.

Afterwards I said to my team: "Nothing turns on this. Let's go back to Nigeria. We shall win there, because the God I serve will give me justice anywhere on the face of this earth."

It took several years to get judges in Nigeria to begin reviewing our case, but eventually we won, in every court, before Nigerian judges. In the end, after 10+ years in court, an international tribunal comprising a majority of Nigerian judges ordered we be compensated for hundreds of millions of US dollars for the refusal to sell us the company in the first place. It was the highest financial settlement in African business history.

We were paid our money and we invested it in other areas of our business including Kwesé TV, which now boasts Nigeria as its biggest market.

Remember I said: #NothingTurns OnThis?

The battle in Nigeria, like the battle in Zimbabwe before it, is not the way I would have chosen for the best training for me as a business leader, but in the end, that is what it was. And as my Nigerian friends would loudly declare to me: "We thank God!"

What is happening in your life?

Can't find a job?


#NothingTurnsOnIt!

Someone treated you really badly today?


#NothingTurnsOnIt!

Bank turned down your loan application?


#NothingTurnsOnIt!

You can get up from whatever situation you find yourself in. You can overcome adversity. You can "speak your truth, even if your voice shakes"...

In the final part of this series I will tell you how the issue returned to the British courts. What happened this time will blow your socks off!

To be continued. . .

 

 



Share with social media:


User's Comments:

Strive masiyiwa

After thought 4 My lawyer in Nigeria changed sides. One morning he was acting for me

Nov. 3, 2017, 10:34 a.m. Reply
Friend

My lawyer in Nigeria changed sides. One morning he was acting for me

Nov. 3, 2017, 10:37 a.m.
Strive masiyiwa

My lawyer in Nigeria changed sides. One morning he was acting for me

Nov. 3, 2017, 10:36 a.m. Reply
Ran slutsky

You in whatever the capacity whether you are businessman, teacher doctor or student, you most often face sort of setbacks in your life and if you are student of some University or College background then you better get ready to face these setbacks and problems about writing your academic assignment and with poor skills in writing always push you to hire an essay writer in cheap to get rid of this hectic situation

March 27, 2020, 6:19 p.m. Reply
Sarah emi

Wildlife animal is a crucial part of this world. They make a great role in the ecosystem of this world . There is graphics designer in UAE for the wildlife photographer , who work is outstanding . When you see it work you can not make the difference between the one.

April 6, 2020, 2:52 p.m. Reply
Sophie nike

This is Sophie, working for the reliable mba dissertation help, and want to share that I am very much into wild life, during work, I use to watch discovery channel. For my personal thesis, I am researching on Lionfish, they are a venomous, fast reproducing fish that are aggressive eaters and will eat almost anything in copious amounts.

April 17, 2020, 1:26 p.m. Reply
Maniha shah

We learn by getting failed in studies or in anything else. By failing in any business or studies we learn how to work properly. And when someone is refused for a job and listen NO from his boss that NO means "next opportunity" so, we don't give up at any stage and to work hard to see success. My four years career at Karachi content writing service company, I have learnt from my colleagues not to give up hopes and do work hard to get success in your life. There are a lot of humans that get failed in the first or second attempt and someone reached seventh but they never lose hopes and become successful in their lives.

June 3, 2020, 6:09 p.m. Reply
Ava evans

M?t bài vi?t hay, cu?n sách hay có th? thay ??i s? ph?n bi?t bao ng??i. C?m ?n nh?ng chia s? ??y giá tr? này, b?n hãy ti?p t?c c?p nh?t n?a nhé và tôi v?n luôn theo dõi b?n. club penguin

July 4, 2020, 12:13 p.m. Reply
Tree trimming

I must admit that your post is really interesting. I have spent a lot of my spare time reading your content. Thank you a lot! tree trimming

Sept. 30, 2020, 3:35 p.m. Reply
Siding contractor

It is the intent to provide valuable information and best practices, including an understanding of the regulatory process. siding contractor

Sept. 30, 2020, 3:40 p.m. Reply
Septic tank pump out

Nice blog and absolutely outstanding. You can do something much better but i still say this perfect.Keep trying for the best. septic tank pump out

Sept. 30, 2020, 3:44 p.m. Reply
Tree removal

Nice blog and absolutely outstanding. You can do something much better but i still say this perfect.Keep trying for the best. tree removal

Sept. 30, 2020, 3:52 p.m. Reply
Siding contractor

You completely match our expectation and the variety of our information. siding contractor

Sept. 30, 2020, 3:56 p.m. Reply
Irrigation repair

Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up! irrigation repair

Sept. 30, 2020, 4 p.m. Reply
Carpet cleaners

This is a wonderful article, Given so much info in it, These type of articles keeps the users interest in the website, and keep on sharing more ... good luck carpet cleaners

Sept. 30, 2020, 4:05 p.m. Reply
Tree trimming

Wow, happy to see this awesome post. I hope this think help any newbie for their awesome work. By the way thanks for share this awesomeness from tree trimming

Sept. 30, 2020, 4:11 p.m. Reply
Garage door services

You actually make it look so easy with your performance but I find this matter to be actually something which I think I would never comprehend. It seems too complicated and extremely broad for me. I'm looking forward for your next post, I’ll try to get the hang of it! garage door services

Sept. 30, 2020, 4:15 p.m. Reply
Reticulation

Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up! reticulation

Sept. 30, 2020, 4:18 p.m. Reply
Stucco installation

Really nice and interesting post. I was looking for this kind of information and enjoyed reading this one. stucco installation

Sept. 30, 2020, 4:22 p.m. Reply
Irrigation system

Its as if you had a great grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from more than one angle. irrigation system

Sept. 30, 2020, 4:26 p.m. Reply
Tree services

Your work is very good and I appreciate you and hopping for some more informative posts tree services

Sept. 30, 2020, 4:30 p.m. Reply
Towing services

It proved to be Very helpful to me and I am sure to all the commentators here! towing services

Sept. 30, 2020, 4:31 p.m. Reply
Carpet cleaning

I feel a lot more people need to read this, very good info! . carpet cleaning

Sept. 30, 2020, 4:31 p.m. Reply
Sophie

I curious more interest in some of them hope you will give more information on this topics in your next articles. Go with site webstagram to download free anything you like on instagram.

Oct. 6, 2020, 9:43 a.m. Reply
Robin

Sports Toto Toto Site Safety Playground Slot Site Address Toto Boatman bebe40.com Sports Broadcasting BJ Nude Ski Resort Opening SRT Reservations Seok-Yeol Yoon Selection Hyeon-Jin Ryu Selection Schedule Toto Site List Olivet Sagame First Casino Senzu Casino https://bebe40.com https://sports-totosite.com https://ubi40.com https://linktr.ee/bebe40

April 22, 2021, 6:28 a.m. Reply
Emily isla

Wildlife is beautiful and it plays an important in this world. I love to see animals in natural habitats. I am working for web design virginia beach is arranged tour for their employee to see the natural animals.

May 6, 2021, 3:26 p.m. Reply
Annerobert

Animals are living things. Like plants, animals need food and water to live. Unlike plants, which make their own food, animals feed themselves by eating plants . tap warehouse discount code

May 19, 2021, 11:58 p.m. Reply
Joypatel

shopify quickbooks integration

June 30, 2021, 6:24 p.m. Reply
Peter hales

You tube tv is one of the best service provider in Town. They offer you their new discount code which is known as youtube tv discount code . One of the best things this discount code is as cheap as you want. By using this discount you avail heavy discount. So, get your discount code and enjoy latest update.

July 5, 2021, 6:45 p.m. Reply
Buttfat

how to lose butt fat

July 15, 2021, 8:24 a.m. Reply

Active News and Notices






Allow people to do their jobs! - By Strive Masiyiwa

#JobsMatter (Part 2)
 

Over the years I have talked a lot about the importance of #People in building your business. Now let me tell you something which should be obvious: Allow them to do their jobs! This…


What gives me sleepless nights - By Strive Masiyiwa

#JobsMatter (Part 1)

Congratulations to the 12 #GoGettaz finalists I announced a few days ago at the Abuja Town Hall. At win.kwese.com you'll see fellow entrepreneurs from the Democratic Republic o…