Business Daily meets: Property tycoon Sanmi Adegoke
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 9 May 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
The Nigerian-born businessman tells us about his journey from working in a fast food restaurant and facing racism from some customers, to being inspired to start his own business in London.
He also talks about the influence of his Christian faith on his business decisions - and how it opened up a network of business connections which allowed his property portfolio to grow.
Sanmi Adegoke's Rehoboth group has now undertaken more than 20 major renovation projects and has £35m worth of property assets under its management.
Produced and presented by Dougal Shaw.
(Image: Sanmi Adegoke. Credit: A&O Studios)
Transcript
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| 0:00.0 | Hello and welcome to Business Daily Meets on the BBC World Service. |
| 0:07.9 | I'm Dougal Shaw. And today I'm in Camberwell in South London. I've come here to visit a local self-made property mogul |
| 0:14.7 | who's worked himself up from being a McDonald's employee serving burgers to being a real estate developer, |
| 0:20.7 | with a portfolio worth |
| 0:22.0 | many millions of pounds. Black developers like myself will prove them wrong when they see the |
| 0:29.2 | spaces we make. Every space we develop and people come in and say, it's owned by a black guy. |
| 0:36.6 | No way. |
| 0:40.4 | One of the things which helped him on his business journey |
| 0:42.8 | was his religious faith, |
| 0:44.4 | though not in the way you might expect. |
| 0:47.1 | I've come to visit him at a building, |
| 0:48.9 | which is one of his early projects. |
| 0:54.1 | Hi, Samme, nice to meet you. |
| 0:55.7 | Good to see you. How are you there? |
| 0:57.3 | I'm good, thank you. |
| 0:58.4 | Okay, so what's the name of this building? |
| 1:00.4 | It's called Lighthouse. |
| 1:02.5 | And what's your connection? |
| 1:04.5 | I've been coming here from the very beginning of acquiring the building. |
| 1:10.7 | I was involved in that years ago. I think it's over 11 years now, |
| 1:14.8 | and seeing this building as an old bingo building |
| 1:18.0 | and what is currently being used to. |
... |
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