Imagine when life give you N750 lemons to start a business and you later made it into multi-million dollar lemonade business in just 6 years.
Sometimes in 2010, Nigerian born Seun and Seyi Abolaji using $5, to set up a Wilson’s Juice Company, a freshly squeezed juice company, to tap into a new market.
Speaking to CNN about why they started the company, Seyi Abolaji said:
“To offer a healthy alternative to what was on the market.”
They started out selling cups of lemonade at their college, but now two brothers have built a company in Nigeria which distributes its juice in over 650 locations in 18 states in Africa’s second largest economy.
Seun Abolaji further speaks on how they started the business with $5 (N750 at that time) :
“Could we have started this company in the United States? I doubt it.
We would need 10 million dollars maybe three, and that’s the beauty of Nigeria you can have a naira and a dream.”
Right now, the company produces 24,000 bottles of lemonade daily in a factory they built which employs 30.