Making Money Rain for Your Business
Businesses normally face challenges, which are not an issue for Hussain al Nowais, the managing director and chairman of the famous Emirates Holdings, known for making dying companies live again and even succeed. There might be a lot of questions in your mind regarding the ways on how this UAE Businessman bloomed in this kind of business.
According to Hussain al Nowais, he was born in the time when life was so hard, which made him push his limits.
When Hussain al Nowais was still young, he and his siblings saw the struggles of their parents. And now that their lives have already improved, it is evident how much they earned through their sacrifices.
It is quite unthinkable to have air conditioner before or even drink purified water in the 1950s, according to him. Hussain al Nowais even compared Abu Dhabi to a village that is deserted back then. His family stays in Corniche before, and Al Husn was the former name of its centre.
The insufficiency of school’s in Abu Dhabi was the reason why Al Nowais went to Qatar to study.The norm before was to migrate to a different place, like Saudi Arabia and Qatar, to be able to survive.
Many families, which included the family of Al Nowais, decided to come back to Abu Dhabi when Sheikh Zayed bin Sultan Al Nahyan became the president. Their progress as a family started with Al Nowais’ grandfather who from a pearl merchant became a trader for foodtsuffs and materials. Their family managed to become a trade organisation after that.
When Al Nowais completed his high school in a school in Abu Dhabi, he then went to the U.S. in order to resume his education.
He has shown great strength and optimism after graduating with a business administration degree in the U.S. by going back to UAE in order to practice his skills. It was no surprise that when Al Nowais was 22 years old, he was already one famous and successful person who can communicate well to foreign businessmen all over the world.
With his outstanding capabilities as a leader, he has successfully made their business fly, which finally became a famous distributing, manufacturing, trading, and contracting 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.
Even the beginning of Gulf War was seen by Al Nowais as a chance to begin a food business, because of its necessity. His brilliance even made him acquire some businesses that are dying, wherein he restructured them and made them earn a lot once again.
And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.