Fortune News | Nov 27,2021
Aug 6 , 2022
By Eden Sahle
A few months ago, my husband introduced me to a wealthy woman who had recently lost her husband of fifty-five years. She has several businesses and giant commercial buildings around the capital’s prime locations. But her house is filled only with the necessary items. From how they lived to how they presented themselves, it is hard to tell the family carries so much wealth.
When I lost my beloved father, she comforted me and we became closer. I discovered much about her initiatives. She and her husband built schools in the rural areas of Butajira and supported the vulnerable to enable them to run their own businesses.
They felt their wealth is not only for them to enjoy but also to share with the needy. People hired at their commercial buildings and businesses were once homeless, orphans, and underprivileged children and adults. They raised many of them and sent them to school. If they were already adults, they trained and gave them seed money to do business. They did not hold back on creating access to education and entrepreneurship opportunities, doing for others what they did not get themselves.
The woman does not bring up her wealth. She misses her late husband but regrets nothing about his life and how he lived; inspiring and supporting others is his primary goal in life. She feels the same way about herself. Early on, they both understood it is not money that gives meaning to one's life, but good deeds.
The couple did not have formal education except attending teachings in the church, commonly known as yeqes timehert bet. They came to the capital city as adults several decades ago, empty-handed. With no education and money, they seemed doomed from the beginning. They knew they would not have space in the white-collar sector. But they saw a great opportunity that they could pursue doing their own business. They returned and worked at their family’s farmland to generate and save a little cash. They brought it back and invested the money in a small café. The rest is history, though one that many have not heard.
They proved that success is possible wherever someone comes from and even if the person lacks formal education. She says all it takes is passion and enduring challenges that come in many forms. The failures that came in between did not stop them but pushed them to press hard, learning from their mistakes.
They never forgot their beginnings even after attaining a massive level of success that created the potential to change their way of life. They treat everyone with equal respect and dignity, knowing that people’s values do not come from their wallets but from being a human. They instilled this in their children, who laboured by themselves to achieve their own success. All of them have thriving businesses. They did not teach their children to relax and inherit their parents’ wealth but to work and earn. The children paid rent when they used their parents’ buildings for offices.
They let their children struggle so that comfort does not come in the way of their future. They were told that their parents' wealth was not theirs. They taught them their responsibility and how they can work their way up, starting small. Although the children were sent to school, unlike their parents, they got challenged working at their family businesses, testing their endurance. Their mother says the pain we feel while working on our life goals and ourselves is the fuel that drives us.
She has so much advice for young people. Climbing the ladder of success is not for the faint-hearted. She says it is vital not to let triumph intoxicate us, forgetting where we came from and the importance of uplifting others. Boasting is a setback that has rushed many to failures. Many she knew in the business arena started well but lost it all because they got comfortable and stopped adding value to their business and the ever-changing market crushed them out.
The family says they have never burdened themselves compared with the competition and what is on the market. But they have focused on discovering new ways of adding value to their business and society’s needs. They put their eggs into several baskets so that they have a backup to stand strong and revive when one fails.
For them, it is never all about business but also about contributing to the larger good of society. Social and national responsibility is engrained in their core beliefs. They get more meaning from sharing what they have than by overspending it on themselves. Indeed, when I looked into the family, what radiated was not their wealth but the impact they were creating.
PUBLISHED ON
Aug 06,2022 [ VOL
23 , NO
1162]
Fortune News | Nov 27,2021
Agenda | May 07,2022
View From Arada | May 13,2023
Sunday with Eden | May 27,2023
Agenda | Mar 23,2024
Sunday with Eden | Jun 10,2023
Commentaries | Mar 25,2023
Agenda |
Agenda | Jun 25,2022
Fortune News | Sep 02,2021
Photo Gallery | 96769 Views | May 06,2019
Photo Gallery | 88952 Views | Apr 26,2019
My Opinion | 67177 Views | Aug 14,2021
Commentaries | 65764 Views | Oct 02,2021
Feb 24 , 2024 . By MUNIR SHEMSU
Abel Yeshitila, a real estate developer with a 12-year track record, finds himself unable to sell homes in his latest venture. Despite slash...
Feb 10 , 2024 . By MUNIR SHEMSU
In his last week's address to Parliament, Prime Minister Abiy Ahmed (PhD) painted a picture of an economy...
Jan 7 , 2024
In the realm of international finance and diplomacy, few cities hold the distinction that Addis Abeba doe...
Sep 30 , 2023 . By AKSAH ITALO
On a chilly morning outside Ke'Geberew Market, Yeshi Chane, a 35-year-old mother cradling her seven-month-old baby, stands amidst the throng...
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...
Apr 20 , 2024
Ethiopia's economic reform negotiations with the International Monetary Fund (IMF) are in their fourth round, taking place in Washington, D...
Apr 20 , 2024 . By BERSABEH GEBRE
An undercurrent of controversy surrounds the appointment of founding members of Amhara Bank after regulat...
An ambitious cooperative housing initiative designed to provide thousands with affordable homes is mired...
Apr 20 , 2024 . By AKSAH ITALO
Ethiopia's juice manufacturers confront formidable economic challenges following the reclassification of...