5 Takeaways That I Learned About Businesses

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.

Hussain al Nowais grew up facing so many trials, which molded him to become the man that he is right now.

In an interview, Hussain al Nowais shared that he has experienced the hardships of their parents back then. And now, they are already enjoying the good things that they have earned.

He shared that back in the 1950s, drinking purified drinking water is already a kind of luxury while having an air conditioner for a room is just unthinkable. 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.

The insufficiency of school’s in Abu Dhabi was the reason why Al Nowais went to Qatar to study.There was a norm before that people leave Abu Dhabi and go to Saudi Arabia or Qatar to get out from a difficult kind of life.

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.

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.

After finishing a business administration course in the U.S., he was totally filled with wisdom and might, which gave him the courage to go back home in order to practice what he has learned. It is so impressive who Al Nowais has lifted his credibility so high, making him succeed even in his early 20’s, wherein he was able to deal with big names in the business world.

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.

When his career was still trying to grow, one event that he considers as the turning point was when he got a contract for a department in the government in supplying equipment for electrical use.

The reason why Al Nowais is successful in his career is that he improved his knowledge and skills regularly.

During the Gulf War, Al Nowais saw their food business as something that would succeed because it is needed. 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.