Connect with us

Featured

GText @16: How We Transformed N1000 into Multi $Million Enterprise – Dr. Stephen Akintayo

Published

on

By Eric Elezuo

From the humblest of beginnings in 2008, GText Holdings Limited has grown in leaps and bounds, gathering accolades, encomiums, and growth and development as 16 years roll by.

This was the submission of the Group Chairman, Dr. Stephen Akintayo, while addressing the media, as he reeled out the text of success stories that trailed the organisation in 16 years since 2008, expanding to accommodate GText and Associates, GText Land, GText Homes, GText Suites, Gvest and Stephen Akintayo Foundation. All these subsidiaries have since grown independently, carving a niche for themselves in global competition, and maintaining a market lead in their various areas of endeavours.

“It’s humbling however, to note that I started my business with one thousand naira, and for us to be in the four continents of the world, I had to keep proving myself,” he said.

Established on May 21, 2008, in a hostel room of about 12 by 15 feet, the Gtext brands have over the years seen the good, the bad and the ugly, but has stayed focused to the dream, and today, is a force to reckon with in the global business world.

A soft spoken go-getter, the story of Stephen Akintayo and to a large extent, Gtext, is a practically example of the proverbial leap from grass to grace, and tells a narrative filled with determination, resilience and focus. His life trajectory culminates in why everyone is a candidate of success, irrespective of the background.

He told journalists in hia Ikoyi office, and via his social media handles, how he doggedly built his empire via strategic marketing advantages, and rising to the status of king of real estate, as well as how a team of hardnut-to-crack management team, has sustained the growth to its present magnanimous level.

“Exactly 16 years ago, we registered Gtext and Stephen Akintayo Foundation, the name then was Gileadbalm.

“This company started in my Campus 12by 15feet hostel room turn office and accomodation. My first Full time Employee is a guy name Busayo who had 3month compulsory internship and didn’t want to leave Ago-Iwoye and ask to work for Me. He will resume in that 12 by 15 feet room office and run errands. The scripture that says; “Though thy beginning was small, Yet thy latter end should greatly increase.” ‭‭Job‬ ‭8‬:‭7‬ ‭KJV‬‬

“We started very small with many businesses that failed even before I registered the company but one business became our identity, Bulk SMS. Started this with 1000 naira (10USD that’s time estate rate) our projection will see us control real estate asset worth over 2billion dollars in the next 5years, particularly our international operations. Only God could have gotten us this far in life and business.

“Many don’t know that our foundation was bigger in name and brand than the for-profit business. Infinity Foundation which later change to Stephen Akintayo Foundation started with Campus students wanted to help the poor particularly orphans and widows. I was poor myself, yet wanting to make others rich.

“As sorrowful, yet alway rejoicing; as poor, yet making many rich; as having nothing, and yet possessing all things.” ‭‭2 Corinthians‬ ‭6‬:‭10‬ ‭KJV‬‬. I was a student for Christ sake yet we will raise Millions of Naira to do project with orphanages . Will use my school fees and accomodation rent money just because I wanted to see changes. After I got tired and frustrated by people who pledge towards our project and disappoint , I decided to make the business arm more central and what I make from my business, I can then put into charity which is what we now do today.

“In All! God has been good to us as a company! We have moved from one estate to over 30 cut across 7 states in Nigeria and also in USA. We have moved from one employee to over 300 in 4 continents namely Africa, UK, Dubai for Middle East, USA for The Americas. Thank you to all who keep faith with us. We are grateful,” the seasoned entrepreneur said.

Acknowledging that he was pushed to work hardest because of the need to be financially free, he noted that he embraced entrepreneurship very eary in life.

“At the age of 17/18, I read the books that changed my life. I read Rich Dad, Poor Dad, Think and Grow Rich and others. The books woke me up to know that it is not degrees that is going to make me rich. It made me know that degree is just about going to school and being enlightened. If I want to be rich, I needed to do a trade. Having gone through that book at the age of 18, I started my first business as a very shy person, and my first business was multilevel marketing of food supplement by GNLD. It was difficult to market a drug, as I couldn’t look a potential customer in the face, but the book I read said if I could do this, I would become rich. So I had to.

“I started business by selling e-books from day one in the university. I was just sold to doing business; hawked electronics and all stuffs. I failed many times doing business but I kept at it because I had no choice, and because we were not rich and money was always an issue, so I just had to keep at it and that was it for me,” he informed.

Over the years, Akintayo and Gtext has providing affordable accommodations to all strata of clients ranging from the low to the upper class.

Today, Gtext land boasts of 25 luxury estates with 16 already launched and five fully developed just as nine estates are in pre-launch stages. Also, Gtext Suites have offered ownership of smart homes in prestigious areas like Sangotedo and Banana Island. The magnanimity of this project allows anyone who sells up to three property, an opportunity of an all expense trip to Jordan.

In the same vein, GText and Associates, alongside Stephen Akintayo Foundation has organised over 100 Certified Real Estate Masterclasses and enhanced realtors’ global real estate expertise. They have also initiated and executed over 50 all expense paid trips, which created opportunities for business growth as well as raising over 60,000 persons to the millionaire cadre.

Gvest, the investment of the Holdings, has succeeded in paying Return on Investment (ROI) to investors. The company has seamlessly perfected its operational base, laying a foundation that affords clients effortless utilization of the GSAVE app.

The Stephen Akintayo Foundation arm of the Holdings has been in the forefront of equipping aspiring entrepreneurs through real estate investment masterclasses as well as promoting global finance literacy via a successful family finance conference.

The company plans a gala nite for management, staff and the general public on June 1, 2024, to celebrate the landmark achievements of the past 16 years.

This is wishing Dr. Stephen Akintayo and the entire Gtext family a wonderful 16th Anniversary celebration, and many more years of market leadership.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Sanwo-Olu Marks 59th Birthday, Appreciates Team, People of Lagos

Published

on

By

By Eric Elezuo

The governor of Lagos State, Mr. Babajide Sanwo-Olu, has expressed profound appreciation to as many that supported him, including his team, and the good people of Lagos State, in his bid to progressively govern the state.

The governor expressed this wish while identifying his 59th birthday via his X handle on Tuesday.

He wrote:

Today, I turn 59.

As I mark this special day, I am thankful for the amazing journey that has led me to this moment. Being the Governor of Lagos State is an immense privilege, and I am grateful for the chance to make a positive impact in the lives of our citizens.

I want to express my appreciation to everyone who has supported me, from my hardworking team to the wonderful people of Lagos. Your unwavering support and belief in our shared vision are the hallmark of our successes.

Here’s to another year of hard work, progress, and making Lagos a shining example of excellence.

Together, we will keep moving forward, stronger than ever before.

Congratulations to Mr. Governor!

Continue Reading

Featured

Fubara Cancels Wike’s Order Revoking Former Gov’s Property

Published

on

By

Rivers State governor, Siminalayi Fubara, has canceled the revocation on the property owned by a former military governor, General Anthony Stephen Ukpo.

The property, which the former military governor gave to Ogeyi Place Le Meridian Hotels Limited located at Plot 319, GRA Phase II, Port Harcourt, was revoked by Nyesom Wike’s administration on December 29, 2022 ostensibly for government’s use.

But in a newspaper publication, the Governor Fubara said the revocation was done in error hence the cancellation.

He said: “In exercise of the powers conferred on me by section 28 (5) (a) (b) of the Land Use Act, Cap L5, Laws of the Federation of Nigeria 2004, all other powers enabling me in that behalf, I, SIMINALAYI FUBARA GSSRS, Governor of Rivers State of Nigeria hereby withdraws and cancels the revocation of the aforementioned property,” the publication reads in part.

Below is the full publication

LAND USE ACT, CAP L5, LAWS OF THE FEDERATION OF NIGERIA, 2004, WITHDRAWAL/CANCELLATION OF REVOCATION OF RIGHTS OF OCCUPANCY ON PLOT 319 G.R.A, PHASE II IN PORT HARCOURT, RIVERS STATE

WHEREAS, by a Certificate of Occupancy dated 20 July, 1998 and registered as No. 54 at page 54 in Volume 144 of the Lands Registry Office, Port Hercourt, Rivers State, the Rivers State Government issued a Certificate of Occupancy to ANTHONY UKPO in and over all that piece or parcel of land measuring 2864.64 at Plot 319 GRA Phase II, Port Harcourt.

WHEREAS; by a Deed of Assignment dated 3″ August, 2001 and registered as No. 50 at Page 50 in Volume 272 of the Lands Registry Office, Port Harcourt, ANTHONY UKPO assigned his interest on the property to OGEYI PLACE HOTELS LIMITED.

WHEREAS, by an official Gazette of Rivers State No. 37 Volume 58 and dated 29 December, 2022 the then Rivers State Governor Nyesom Ezenwo Wike revoked the aforementioned statutory Right of Occupancy covering the above subject property, from ANTHONY UKPO and OGEYI PLACE HOTELS LIMITED for the use by Government.

AND WHEREAS, in exercise of Powers Conferred on me by section 28 (5) (a) (b) of the Land Use Act, Cap L5, Laws of the Federation of Nigeria 2004, all other powers enabling me in that behalf, I, SIMINALAYI FUBARA GSSRS, Governor of Rivers State of Nigeria hereby withdraws and cancels the revocation of the aforementioned property.

Continue Reading

Featured

Lagos to Demolish Illegal Structures in Sangotedo, Ago Palace

Published

on

By

The Lagos State Government, on Sunday, issued a 14 day removal notice to owners of buildings and structures at Sangotedo area of Lekki and Okota, Isolo areas of the state, which were built on drainage channels.

Commissioner for The Environment and Water Resources, Mr Tokunbo Wahab, said this after an inspection tour to various contravention sites and on-going drainage enforcement projects in Ago Palace Way, Isolo, Sangotedo, Lekki and Ikoyi areas of the state.

Neighbor recounts how woman abused 12 years old niece, burnt her with hot knife and forced…

Wahab said the state government was determined to restore sanity in the state.

He said: “The era of environmental indiscipline and nuisance are over in Lagos. We will not shy away from enforcing all relevant laws irrespective of whose ox is gored.

Lagos despite its peculiarities as a coastal state with low-lying terrains and a high population density among others has remained afloat because of various measures put in place by the government.”

Wahab, who said the ministry has strengthened its Drainage Enforcement activities said: “I tell people climate change is real and there is a cholera outbreak, We must know that all these things are Interwoven.  We must all be responsible and responsive as a people, people cannot continue to brazenly abuse the environment and expect that there will be no consequences.”

At Sangotedo by Lagos Business School, the Commissioner said: “A 48 hours contravention notice have been served to owners of buildings lying within the channels and 14 days abatement and when that elapses the law will take its course.

“We will commence full enforcement after the expiration of all notices with an option of voluntary compliance.

“Lagos despite its peculiarities as a coastal state with low-lying terrains and a high population density among others has remained afloat because of various measures put in place by the government.”

Vanguard

Continue Reading

Trending