This article portrays full details on Sim Shagaya Net worth, Biography, Early life and Wiki, Education, Career, Awards and Recognitions, Marriage, social media, and his advice to young entrepreneurs.
Sim Shagaya is an investor, business mogul, and renowned Nigeria entrepreneur. He is the Founder and CEO of Lesson, an education technology startup focused on helping students’ academic performance.
Sim Shagaya is a powerful man listed among the ten most powerful men in Africa by Forbes due to his net worth. Let’s explore his detailed biography and net worth according to estimate.
|Full name:||Sim Shagaya|
|Born:||2nd April 1975|
|Occupation:||businessman and Entrepreneur|
|Organization:||Lesson, Konga, and Dealday|
|Net worth:||Over 200 million dollar|
Biography, Early Life, and Wiki
Sim Shagaya was born on 2nd April 1975 in the northern part of Nigeria. He hails from Plateau State, Nigeria. Sim has always loved tech from a tender age and created many funny things.
He attended his primary and secondary education in Nigeria before moving to the United States for his tertiary education. He also served briefly in Army after graduating from Nigeria military school Zaria.
Sim Shagaya loves institutions as well as teaching and reading as a hobby. From his school experience, Sim Shagaya always dreamt of recreating a standard and quality learning platform for students.
Today, he is the Founder and CEO of Lesson, leading education technology platform that provides digital education services to secondary schools around the Waec region.
Sim Shagaya attended his secondary education in Nigeria military school, Zaria, before moving to the United States of America. He bagged his bachelor of science degree (Hons) in Electrical Engineering from George Washington University, Washington DC.
He proceeded to Dartmouth College, where he obtained his master of science degree in Engineering Management. Sim Shagaya also obtained his MBA from Harvard University, Boston, Massachusetts, in 2003 before returning to Nigeria.
Sim Shagaya started his career journey in Nigeria. Before his entrepreneurship journey, Sim Shagaya has worked as a banker in South Africa.
Sim Shagaya started his technology business, creating many platforms ranging from Jobclan (a job search niche), Arena (a Match-making platform), Gbogbo, and Nollywood. Unfortunately, these websites weren’t successful.
In 2012, Sim Shagaya made another move of setting up a billboard advertising business called E-motion for easy advertisement around Nigeria. E-motions built some level of success before another company acquired it.
Sim Shagaya launched Dealday after many convictions and became the CEO. Later on 3rd July 2012, Konga was founded, one of the biggest e-commerce platforms to purchase cheaper.
According to Sim, Konga aims to “aggregate the youngest and fastest-growing market that was dispersed, under-served and that traditional retailers were simply failing to reach” From Konga to Lesson.
Sim Shagaya is a lover of education, institute, and teaching, which inspired Lesson. He wanted to recreate modern education using technology to create a high-quality learning platform for children.
Sim incorporated Lesson in 2008 but was formally opened in 2020, focusing on secondary schools around the WAEC region, Nigeria, Liberia, Ghana, Sierra Leone, and The Gambia.
Lesson is now a leading platform for quality education covering all WAEC curriculum in west Africa.
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Awards and Recognitions
- In 2013, CNBC/ all Africa business leaders award in West Africa, he won Entrepreneur of the year.
- In 2014, the leadership conference awards, Sim Shagaya won leadership CEO of the year.
- In 2014, Forbes listed Sim Shagaya among the ten most powerful men in Africa.
Sim Shagaya Advice to young entrepreneurs and his Net worth
When you build a business, develop an emotional attachment to them and be detached from other irrelevant things.
The focus should be on creating experiences/ services/ products that people love and are willing to part with their money.
Notable books: The death of Distance by Francis Cairncross.
Sim Shagaya is a married man with kids, but his family is kept far from social media.
Sim Shagaya Net worth
Sim Shagaya is one of the most powerful men in Africa. He is an investor, business mogul, and renowned Nigeria, Entrepreneur.
Sim Shagaya Net worth is estimated to be over 200 million dollars estimates.
Connect with Sim Shagaya on twitter @SimShagaya