Alfred Obeng-Boateng, the Member of Parliament for Bibiani-Anhwiaso-Bekwai, has revealed that he made a lot of money when he was studying at the Kwame Nkrumah University of Science and Technology (KNUST).
Mr Obeng-Boateng is also the founder and CEO of Approachers Ghana Limited – publishing company.
In an interview with Lexis Bill on Joy FM’s Personality Profile, he stated that he made his money from the sale of Senior High School textbooks he wrote – Approachers Series, which had become a household name. He indicated that he got orders in huge quantities from schools across the country.
“From Second year to the third year I was a millionaire, just that I kept it quiet. Putting assets aside, at the time I was even richer than now, because, nationwide no student goes to school without looking for Approachers Series,” the CEO of Approachers Ghana Limited said.
Mr Obeng-Boateng indicated that he had the idea to write the book while undertaking his national service after completing his Advanced Level education. According to him, he used to tutor students as a side job when they were on vacation. The students, he said, told him they preferred his materials and style of teaching to that of their teachers.
“Since the holidays were short they asked if I could prepare some pamphlet for them to use in school. That was when I used part of my time to prepare the manuscript which was later published as Approachers Series,” he said.
In his first year at Kwame Nkrumah University of Science and Technology (KNUST), Mr Obeng-Boateng said he had pleaded with a typist at his department to help him turn the manuscript into a book. According to him, he paid the typist and the publishers who printed his book for him with his student loan.
“I started with 50 books at first. Friday was a free day for us so that is when we could sell the books.”
“We got to Obiri Yeboah Secondary School, they assessed it and said they needed 450 for all final year students. Integrated science was a problem for them,” he said
He added that the school asked for 900 more copies for first-year and second-year students after he had supplied them with the first 450 copies.
“So not long after they wrote the SSCE and the school which has never recorded a B in Core Science recorded 6As that year. It was a small school then.”
“The headmaster used that and promoted the book in the Ashanti Region. So from there, every school were bringing orders,” he said.
Mr Obeng-Boatng indicated that because he was the sole brain behind the content and writing, a chunk of the profit was his. He, however, stated that he did not show off because he had made a lot of money.
According to him, he kept his finances a secret while building his company, Approachers Ghana Limited, and living a humbling life.
“So in the third year, that’s when I started the business and the company. I formalised it, took offices, bought machines and employed about 50 people,” he said.
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