
The emergence of any industry feels chaotic. But the goal is to survive long enough to experience the advancement phase.
In advancement, things begin to work. Regulations come in and this brings a standard mode of operation into that industry. Government policies come in and this creates structure. Mortgages become readily available and Developers can now raise funds with ease.
If you look at real estate from developed markets across the world, this is the phase that unlocks exponential growth.
Nigeria will get there. The question is, will your company still be standing strong when it happens?
Advancement will not reward those who only started when it was safe. It will reward those who endured the chaos of emergence and positioned themselves as leaders.
Dr. Smith Ezenagu is the Chairman of Esso Group, a diversified conglomerate shaping real estate, finance, education, and media. Dr. Smith Ezenagu is recognized as a real estate & investment mogul, life coach, and private equity expert. He leads Esso Group and its subsidiaries: Esso Properties (awarded Nigeria’s Most Innovative Real Estate Company in 2024 and recognized as the best real estate company in Nigeria), Esso School of Enterprise (the leading institution equipping entrepreneurs), and Esso Capital (delivering smart, trusted financial solutions across Nigeria).