6 Lessons Learned: Companies

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. It will be such an honor to know the success story behind this amazing UAE Businessman.

The experiences of Hussain al Nowais in his younger days have inspired him to succeed in order reach his dreams.

In an interview, Hussain al Nowais shared that he has experienced the hardships of their parents back then. 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.

Since the education in Abu Dhabi before was not that high, Al Nowais traveled to Qatar to be able to get into a school.The norm before was to migrate to a different place, like Saudi Arabia and Qatar, to be able to survive.

When Sheikh Zayed bin Sultan Al Nahyan became president of UAE, a lot of families have returned, including the family of Al Nowais. Their progress as a family started with Al Nowais’ grandfather who from a pearl merchant became a trader for foodtsuffs and materials. The business was good, making their family have a trade organisation.

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

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.

By improving his acquired skills and knowledge, he became successful in his chosen career.

Even the beginning of Gulf War was seen by Al Nowais as a chance to begin a food business, because of its necessity. By acquiring businesses that are already failing, he found ways to restructure and make them rise again.

Even up to this very day, he is still showing everyone in the whole wide world how possible it is to succeed for such a long time.