How A Former Vulcanizer Made Over $100 Million Dollars

Success Story Of Vincent Obianodo Amaechi
Success Story Of Vincent Obianodo Amaechi | Image Source:

Grass to grace success stories inspires a larger population of people than mere hand-downs. It’s important we’re always reminded of people who had nothing and eventually rose to admirable heights because these feats bring hope to everyone that anything is possible if the right attitude, network, and resilience, is applied to our endeavours.

This inspiring success story is that of Vincent Obianodo Amaechi, the founder and chairman of the Young Shall Grow Motors, a parent company with many subsidiaries spanning from hospitality to real estate, oil & gas, dredging & quarry, and transportation.

From starting out as a Vulcanizer in the Northern part of Nigeria to ending up as a bus conductor, before setting up and eventually growing a conglomerate over many years, his resilience has shown that anyone can achieve anything if they are not just smart, but also take advantage of opportunities whenever they present themselves.

See Also: How This Nigerian Entrepreneur You May Have Never Heard Of, Made Over A Billion Dollars


Here is how he started:


The Early Life Of Vincent Obianodo Amaechi

Vincent Obianodo Amaechi Early Years
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Vincent was born in Umueze, Nnewi, in Anambra State. Being from a humble background with little to nothing to boast of, he moved to Kano in his teenage years in search of greener pastures. He learnt how to fix punctured tyres and started out as a vulcanizer. His then admirable ability to perfectly fix tyres (a time when few could do it), got a lot of people queuing up with their motorcycles, bicycles, and vehicles.

After working as a vulcanizer for a long time, Vincent decided it was time to change his path and move into something that’d give him a more hope for a brighter future. As he left his vulcanizing trade, he moved to work for a transport company as a bus conductor. After working for a while and understanding exactly how the business model worked, in 1972, he quit his job and set up a transportation business of his own with just one mini-bus that was plying Enugu to Onitsha.

See Also: How This African Apprentice Made Over $500 Million Dollars From Just $1


The Rise Of Vincent Obianodo Amaechi 

Vincent Obianodo Young Shall Grow Motors
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As his business grew, in 1973, he moved his key operational base from Onitsha to Lagos and ventured into a more urban commuting transport business, which started with two locally built Mercedes Benz 911 buses. Within seven years of operating from Lagos, his bus fleet grew from just 2 to over 40 buses.

Vincent Obianodo’s exceptional customer service delivery got many people to keep patronizing his transport business, and by 1978, he decided to expand his business further by opening up a new interstate route, plying Lagos to Onitsha to Owerri with a new and cozy Mercedes Benz 0362 Luxury bus.

This expansion gained his business more loyalists, and within six years, his bus fleet grew to over 150 luxury buses.

Vincent’s accelerated growth all happened while his business was just a mere enterprise and not a registered company. With dreams bigger than anyone he knew could imagine, he decided to incorporate his business in 1984, so he could fully cover every possible part of Nigeria, as the leading inter-state luxury bus company.

Today as one of the largest luxury bus companies in Nigeria, his bus fleet far exceeds 500 in number, and doesn’t just ply almost every route in Nigeria, but also covers other West African countries like Cote d’viore, Ghana, Burkina Faso, Mali, and The Benin Republic.

See Also: How This African Entrepreneur Turned $250 Into A $6 Million Dollar Business


His Conglomerate Today 

Vincent Obianodo Hotels
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His success today doesn’t just stop at transportation, but has very strong roots in hospitality, oil and gas, properties, dredging, real estate, and rural & urban market development.

Vincent Obianodo is also a major investor, co-owner, and board member of various billion Naira companies like Rockview Hotels, YSG Dredging, Vineegas, Vineeoil, and YSG properties. All summing up to be worth well over $100 million US dollars.


See Also: How This African Entrepreneur Built A Multi-Million Dollar Business With Almost No Money


To Sum It All Up

The success story of Vincent Obianodo has shown that whatever condition you are in or job you’re doing, doesn’t define who you are. They are only a means to an end. As long as you keep changing your course at the right time coupled with smart action, pure perseverance, and a grand vision, you’d keep getting closer to your goal.

Rags to riches stories shouldn’t just amaze you, but should be a major motivating factor to get you off your feet and out into the markets, looking for great opportunities to make the most of.


If this story inspired you, do share it with your friends.

See Also: The Most Important Skill Every Nigerian Entrepreneur Needs To Succeed


What are your thoughts on this success story of Vincent Obianodo Amaechi? Let me know by leaving a comment below.


Stan Edom
Stan Edom
I'm an entrepreneur with expertise in supply chain management, international trade, small business development, e-commerce, internet startups, renewable energy, and agriculture. I'm also a network engineer, I.T security expert, and computer programmer. In my spare time when I'm not working out at the gym, I try to solve problems people face in their everyday lives with whatever means necessary.

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  1. Men like sir Vincent should be the true image of entrepreneurship. They should be celebrated icons in business locally. Just like Cosmos Maduka, Not everyone has the guts of leaving a comfort zone to take on bigger challenges. Transitioning from a vulcaniser to a bus conductor is a daunting task. Well done Stan for the works you guys are doing, I feel very inspired and challenged to get of my butt ‘n’ work harder and also reminded of starting small and remain focus, no matter how big my ambitions are. Please I also want to suggest if you and your team can have video interview session with entrepreneurs like this, especially from our local society and upload on youtube. I believe people like these will have some business nuggets vital and peculiar to doing business here in Nigeria. And also, I would like to know how you estimate the net worth of local entrepreneurs.

  2. He is my role model and am following his foot steps and I would get there one day. watch out for the next Vincent.

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