When I was younger, I watched a family friend lose everything. He was the guy everyone in the neighborhood respected. Smart, hardworking, and the definition of a self-made man. He ran a small but profitable import business, moving goods from Lagos to various parts of Nigeria. For years, he was the go-to guy for bulk orders, and his trucks were always on the road. He made good money, built a decent house, sent his kids to private schools, and lived comfortably.
Then one day, it all fell apart.
One of his trucks, loaded with millions of naira worth of goods, got into a terrible accident on the Benin-Ore road. The driver was fine, but the truck was totaled, and the entire cargo was destroyed. His biggest client, who owned the goods, demanded compensation. No insurance, no safety net. He had to sell off another truck to settle the debt, and before long, the banks started calling.
His business collapsed within a few months. He went from the top of his game to selling off assets just to keep his family fed. His kids had to change schools. They moved out of their house. His reputation as a reliable businessman was gone.
That memory sticks with me because it’s a reminder that no matter how smart or hardworking you are, all it takes is one bad day to turn years of hard work into dust. It’s not just about making money. It’s about keeping it. It’s about protecting what you’ve built.
That’s why I’m partnering with Coronation Insurance to host a webinar this Thursday, May 15. I’ll be sharing practical strategies on how to protect your business and the future of your family. Don’t let one mistake, one accident, or one crisis wipe out everything you’ve worked for.
🔗 Register here