Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: Broke but not broken
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » Broke but not broken
ColumnsEntrepreneurship Rendezvous

Broke but not broken

Niyi Kolade
June 2, 2025
Share
start a business Creativity and innovation on Creativity of creativity I’s of creativity Something New Do something new Business administration Business pillars Long-sleeved vision entrepreneurial a leader financially independent Understanding sellers’ and buyers’
Add as a preferred source

BEING broke is temporary, but being broken is a choice. Financial struggles don’t define a person’s worth or potential. Resilience, determination, and creativity can turn setbacks into stepping stones for success.

History is filled with stories of entrepreneurs who turned adversity into opportunity. Being financially broke is a phase, but resilience and determination ensure that setbacks don’t define a person’s trajectory.

Many legendary figures, like Steve Jobs, Oprah Winfrey, and Elon Musk, faced financial difficulties at different points in their journeys. Instead of letting hardships defeat them, they used challenges as fuel to innovate, adapt, and push forward.

Success often comes to those who embrace resourcefulness, grit, and a mindset focused on solutions. It’s not about how much money you have today—it’s about how strategically you move forward.

If you’re navigating a tough season, remember the following:

1. Mindset: Success begins with how you think. A strong, growth-oriented mindset helps you navigate setbacks without letting them define you. How you think shapes how you navigate challenges. Your mentality determines your outlook—whether you see obstacles as setbacks or stepping stones. The instrumentality of your mind—your ability to strategize, adapt, and stay resourceful—defines your ability to overcome adversity. Those who cultivate resilience, creative problem-solving, and mental discipline find opportunities where others see dead ends. Difficult situations don’t define success—your response to them does.

2. Skill-building & Resourcefulness: Acquiring new skills, adapting to challenges, and leveraging available resources can turn obstacles into stepping stones. Your gift is your lift—Your gift is both a workout and a way up—it strengthens you through challenges and elevates you toward success.

Your gift as a workout and a way up in perspectives:

Weightlifting: Just like lifting weights builds muscle, honing your skills and talents strengthens your abilities. Every challenge refines your gift and makes you more resilient.

Elevator: Your unique talents are your vehicle to higher levels in life. When nurtured, they create opportunities, open doors, and propel you toward fulfillment.

Whether it’s crafting, leading, innovating, or problem-solving, embracing and refining your gift positions you for growth and breakthrough. How do you see your gift shaping your journey right now? There’s always room to climb higher!

3. Preparation & Opportunity: Those who stay ready will always recognize opportunities when they arise—luck is simply preparation meeting the right moment.

Struggles are temporary, but strategic action leads to lasting change. 

Follow the stories of the entrepreneurs listed below to see that being broke isn’t the end—it’s often the beginning of something greater:

Howard Schultz (Starbucks) – Grew up in a housing complex for the poor but worked his way up to transform Starbucks into a global brand.

Walt Disney – Went bankrupt multiple times before creating Disneyland. He was even fired for “lacking imagination”—yet he built one of the most iconic entertainment empires.

Oprah Winfrey – Came from extreme poverty but turned her struggles into strength, becoming one of the most influential media moguls.

Mike Adenuga – Once worked as a taxi driver to fund his education. He later built a telecom and oil empire, becoming one of Africa’s richest entrepreneurs.

Roman Abramovich – Orphaned at age 2 and raised in poverty, he later became a billionaire through oil investments and owns Chelsea Football Club.

MohedAltrad – Survived on one meal a day while studying in France but later built a billion-dollar scaffolding business.

Madam C.J. Walker – Born to former slaves, she built a haircare empire, becoming the first self-made Black female millionaire.

8. Grant Cardone – Once broke and struggling with addiction, he turned his life around and built a $500-million real estate empire by embracing an obsession with success.

9. Jeff Bezos (Amazon) – In its early days, Amazon nearly went bankrupt, and Bezos had to borrow money from family and friends to keep it running. Today, it’s a trillion-dollar empire.

10.  Elon Musk – At one point, Musk had no money left after investing everything into Tesla and SpaceX. He lived off loans while betting everything on his vision.

11. Daymond John (FUBU) – Grew up in Queens, NY, working odd jobs to fund his fashion business. He started sewing hats and shirts at home before turning FUBU into a global brand.

12. FolorunshoAlakija – Started in fashion design before venturing into oil and banking, eventually becoming one of Nigeria’s wealthiest women.

ALSO READ FROM NIGERIAN TRIBUNE: Nigerians currently buying petrol cheaper than others in ECOWAS — Dangote 

13. Tony Maglica (Maglite) – Arrived in the U.S. with nothing, worked odd jobs, and saved up $125 to buy his first lathe machine. He later built a $100-million flashlight empire.

Challenges pass, opportunities arise, and growth happens through resilience and adaptability. Whatever season you’re in right now, know that transformation is possible. Whether it’s financial struggles, setbacks in business, or personal hurdles, the key is to keep moving, keep learning, and keep believing in the next phase of success.

Financial struggles don’t define your future—your mindset, actions, and perseverance do.

It is not the end, it is only a bend. Setbacks are not dead ends—they’re just detours on the journey to something greater. Every challenge, every obstacle, every unexpected turn is an opportunity to grow, adapt, and redefine success.

A bend in the road doesn’t mean you stop—it means you adjust your approach, embrace resilience, and keep moving forward. Some of the greatest breakthroughs happen right after the toughest moments, so don’t mistake temporary struggles for permanent failure.

There is energy in money and money in energy. If you can’t make money, at least make energy count. Money and energy are deeply connected—one fuels productivity, while the other drives opportunities. Even when financial resources are limited, leveraging energy—through creativity, hard work, and strategic thinking—can pave the way for future success.

If you can’t make money now, make sure your efforts, ideas, and momentum are generating value—because value eventually attracts wealth. Energy invested wisely today can be transformed into financial gains tomorrow.

You are only temporarily broke and not really broken, so expect a change. 

Arise!


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:broken
Previous Article Why we suspended PRNigeria founder from 47th Executive Course — NIPSS Why we suspended PRNigeria founder from 47th Executive Course — NIPSS
Next Article Caleb Mutfwang, CNG conversion centre in Jos, Plateau economic advisory council, Plateau forests games grazing reserves now occupied Death toll hits 52 govt confirms arrest, Reject Mutfwang's plan to join APC, group tells APC Reject Mutfwang’s plan to join APC, group tells APC

Most Read

  • Opay to customers: How to check eligibility for FG’s N50,000 cash support
    Opay to customers: How to check eligibility for FG’s N50,000 cash support
  • EXPLAINER: How beneficiaries will be selected for FG's N50,000 relief fund
    EXPLAINER: How beneficiaries will be selected for FG's N50,000 relief fund
  • FULL LIST: Nigerian-Americans who won US mid-term elections
    FULL LIST: Nigerian-Americans who won US mid-term elections
  • 2027: Court nullifies Atiku’s emergence as ADC presidential candidate
    2027: Court nullifies Atiku’s emergence as ADC presidential candidate
  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • Elon Musk jokes about Republican’s midterm election loss
    Elon Musk jokes about Republican’s midterm election loss
  • We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
    We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
  • FULL LIST: Identities of nine victims killed in Florida jet crash revealed
    FULL LIST: Identities of nine victims killed in Florida jet crash revealed
  • Emir Sanusi X-rays Tinubu’s govt
    Emir Sanusi X-rays Tinubu’s govt
  • How to check your name on Army’s 2026 short service shortlist
    How to check your name on Army’s 2026 short service shortlist

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?