Making Money Rain for Your Business
Hussain al Nowais, the Emirates Holdings managing director and chairman, enjoys taking challenges, such as making dying companies live and soar high in the world of business. 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.
Hussain al Nowais shared that back in the days, they saw the sacrifices of their parents. And now that their lives have already improved, it is evident how much they earned through their sacrifices.
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.
The insufficiency of school’s in Abu Dhabi was the reason why Al Nowais went to Qatar to study.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. That was the beginning of their family business, which is an organisation for trade.
Al Nowais continued schooling in the United States of America after finishing high school in his beloved place, Abu Dhabi.
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.
Along with his dedication, intelligence, luck, and commitment, he was able to evolve their family business into a well-known contracting, trading, distributing, and manufacturing company, which is not limited in UAE. He even remembered how he made everything possible by starting from scratch.
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. By acquiring businesses that are already failing, he found ways to restructure and make them rise again.
In this very moment, he is still sharing his knowledge to many and earning more money, especially that Federal Foods is under his name.