Prince Adelaja Adeoye has just been honored at the 2024 City People Real Estate Awards for his outstanding leadership and transformative impact in Nigeria’s real estate industry.

Press ESC to close

Join Our News Letter

Power vs Money: Why Wealth Often Commands Authority

In the pursuit of influence, there has always been a debate between power and money. Which truly controls the world? History and experience tell us that while power is visible, money is often the invisible hand that directs it.

Prince Adelaja Adeoye recently shared a thought-provoking reminder from Femi Otedola’s book Making It Big: “Power usually bows to Money.” This was advice Otedola’s father gave him, and it has become a guiding principle in his entrepreneurial journey.

Why Money Influences Power

Money is not just a tool of exchange—it is a driver of opportunities, access, and influence. Politicians need funding to run campaigns, leaders require resources to sustain power, and even global movements thrive when backed by financial support. In essence, power may dictate laws, but money fuels the ability to shape them.

From history, we’ve seen how wealthy industrialists, business moguls, and financial institutions have shaped policies and influenced governments. Whether it’s in Nigeria or abroad, wealth often dictates the speed and direction of governance.

Lessons for Today’s Entrepreneurs

The wisdom from Otedola’s father is clear: financial stability gives you leverage. It is not enough to desire power without wealth to sustain it. For aspiring entrepreneurs, this means:

  1. Build Sustainable Wealth – Create businesses and investments that will outlive you.
  2. Leverage Money for Influence – Use resources to expand networks, fund innovations, and support causes.
  3. Balance Money and Morals – Wealth without responsibility becomes destructive. Aim for impact, not just accumulation.

Conclusion

Power and money are intertwined, but the one that lasts is money when invested wisely. As Otedola’s life shows, wealth can open doors that raw authority cannot. For young Africans and leaders worldwide, the lesson is simple—create wealth, and power will follow.

Leave a comment

Your email address will not be published.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