Samuel Amo Tobbin, the founder and Executive Chairman of the Tobinco Group of Companies, has recounted how he started his pharmaceutical business with a humble beginning of just GH¢1 capital but managed to achieve significant success in the industry.
According to him, a Muslim named Alhaji Baba introduced him to the pharmaceutical business. With effort consistent investment and practice, he succeeded.
“Selling medicine was introduced to me by a Muslim called Alhaji Baba. In those days, he lived behind our house, and there was no street connecting to his house for cars to pass, so my sibling and I used to assist him in carrying his stuff home anytime he returned from town. That is how we became friends.
“Shortly after I completed basic school, I had made GH¢1 from selling P.K. and other things. Note, I am not talking about GH¢1 in today’s value; I am talking about it as in 1984,” Tobin said.
“So, I informed Alhaji Baba that I had made one cedi from my sales and was not sure I could continue with secondary education. I asked him what I could do with my one cedi. He then bought some medicines for me to sell, and that is how it all started,” he added.
“I received so much assistance from the brothers of Ernest Chemist. They helped me immensely. They sold drugs to me, sometimes even on credit. The Ernest Chemist brothers really assisted me in becoming who I am now.”
credit: omgvoice.com
