The Path To Finding Better Businesses

May 13, 2018

Miscellaneous

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Making Money Rain for Your Business

Challenges in business are no match to the capabilities of Hussain al Nowais, who is the managing director and chairman of the Emirates Holdings, making low companies boom in no time. A lot of people are wondering how this UAE businessman succeeded so much in his career.

According to Hussain al Nowais, he was born in the time when life was so hard, which made him push his limits.

Hussain al Nowais shared that back in the days, they saw the sacrifices of their parents. And now, they are already enjoying the good things that they have earned.

According to him, purified drinking water was a luxurious kind of water for them while only a few can afford to have an air conditioner. Abu Dhabi, as Hussain al Nowais described, can be compared to a village with no people. He also mentioned that his family once lives in the area of Corniche, wherein Al Husn was the town’s centre.

Since the education in Abu Dhabi before was not that high, Al Nowais traveled to Qatar to be able to get into a school.This did not only happen to him but to many people before, considering as a norm.

Al Nowais’ family only returned to Abu Dhabi, along with other families, when Sheikh Zayed bin Sultan Al Nahyan became the president of UAE. When they came back, their family was blessed after Al Nowai’s grandfather became a foodstuff and material trader instead of remaining from his past job as a pearl merchant. Their family managed to become a trade organisation after that.

Al Nowais went to the U.S. to study after he got his high school diploma from a school in Abu Dhabi.

He finished a business administration degree in the United States of America and then practices it right away in the UAE, wherein his heart and soul were filled with optimism and bright ideas. In 1978, Al Nowais was known to be one out of few who was able to study outside UAE and was able to successfully communicate with businessmen from different countries.

He was indeed very passionate about what he is doing in his life, which is why there is no doubt why he uplifted their family business into a trusted contracting, distributing, trading, and manufacturing company. He even recalled how we build everything almost from nothing.

One of the biggest events in his career that made their business grew more and more was when he was able to have a contract for a certain government department in supplying electrical equipment.

He earned his success through acquiring skills and knowledge and continuously improving them along the way.

Al Nowais was even clever enough to think that it is good to have a food business when the Gulf War began. He even bought dying businesses and restructured them, making them reach the pick again.

And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.