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From poultry farming to scraps: Cheddar’s stories on how he made his money

When it recently came to light that he is the guy behind the mask of The New Force movement, Nana Kwame Bediako has become the man of the moment.

Following the controversial disclosure, the Ghanaian real estate tycoon announced his intention to run for Ghana’s presidency in the future. Nana Kwame Bediako hopes to run for president in the general elections that will take place in 2024.

Since then, the leader of the New Force, popularly known as Freedom Jacob Ceaser, has been touring the media to discuss his ideas for Ghana and to give Ghanaians more opportunity to get to know him.

In light of this, he disclosed in a recent interview with Bernard Avle that he earned his first £1 million at the age of 21. Many people are shocked by the disclosure; however, gonjamedia.com can tell you that Nana Kwame Bediako has already revealed more information regarding his money acquisition.

In regard to this, here are five interesting ways that Nana Kwame Bediako, based on his own accounts, amassed wealth.

During an interview with YouTuber Vanessa Kanbi, the business tycoon disclosed that his love for animals served as the impetus for his journey into animal husbandry, which ultimately enabled him to become a successful chicken farmer by the age of 8.

When I was young, I managed to buy two animals and turned that into 200 and something and that was a hen and cock. I was just about 8 years and that was my passion and fantasy to be able to have chickens all over the place,” he added.

The 42-year-old said that he moved to the UK on numerous occasions. After telling his account of surviving in the UK, he revealed his interest in trading. He was using his car’s trunk to operate a boutique, according to Cheddar.

I was living in England and I was sent there to go to college and I was selling fake Versace and YSL shirts in the back of my 205 GTI which I bought for 499 pounds,” he told YouTuber Samuel Leeds.

He added that “my capital when I was going to London was 6000 dollars. My mum, my brothers and everybody gave me 130 pounds which they thought it was big money for me but I was laughing in my head…It was in 1994, I remember very well and I bought a Panasonic chip phone and so I was like the new kid on the block. Then I met Johnny Prescott, he was selling the jeans and the shirts”.

“I just wanted to buy one pair of jeans and one pair of shit but when I saw the prices, 30 and 20 pounds, I offered him 20 pounds and 15 for the shirt and I put it at the back of my boot and I was selling it for 50 and 40. So I started making money from the boot but I fell into the streets because I already understood what business was. ” Cheddar disclosed.

He also revealed more details about his financial struggles, including how being homeless occasionally led to his hands getting dirty.

In fact my biggest opportunity came from a guy who clamped my car, he was a security guy in my school and I paid him 45 pounds to release the clamp then he did it again for the second time then I said, hey Mark, I am going to show you that I am bad guy,” he said.

Recounting the story, he continued that ” I deflated my tyre, took the clamp, took the clamp, put it in the car saying that you will come and look for me this time so I took the clamp away. My best friend at that time was called Petersmith and Pertersmith was a blacksmith so I went to Petersmith and I said Peter, guess what I did today, he said what, I said I stole a clamp … so he looked at it, weighed it and said I will give you 65 quid“.

He continued “so that was the beginning of my new business. Now I was getting clamps and selling them. So this is what got me into steel, the guy got so much steel that one day he said ‘I don’t want to sell these things anymore, this is the guy that buys from me, it’s scrap yard’ I went to the guy and he told me., ‘it’s not clamps’ it’s steel, any scrap that is metal I buy“.

 

In what has become the topic of the day, Nana Kwame Bediako recounted that he made his first million pounds through the sale of scraps in England.

He stated, “The first money I made in England altogether was a million pounds and I was 21,” in a now-viral interview with Citi FM’s Bernard Avle. I was self-employed, selling scrap under the name GT, Global Telecommunications and Utilities. I employed two people and maintained my own office.

 

Recounting the story, he continued that ” I deflated my tyre, took the clamp, took the clamp, put it in the car saying that you will come and look for me this time so I took the clamp away. My best friend at that time was called Petersmith and Pertersmith was a blacksmith so I went to Petersmith and I said Peter, guess what I did today, he said what, I said I stole a clamp … so he looked at it, weighed it and said I will give you 65 quid“.

He continued “so that was the beginning of my new business. Now I was getting clamps and selling them. So this is what got me into steel, the guy got so much steel that one day he said ‘I don’t want to sell these things anymore, this is the guy that buys from me, it’s scrap yard’ I went to the guy and he told me., ‘it’s not clamps; it’s steel; any scrap that is metal I buy.“.

5. Ghana Real Estate
Cheddar has gained fame throughout the years for his real estate holdings. Owning multiple projects in Accra and throughout Ghana has been his acknowledged source of income ever since.

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