22 Lessons Learned: Companies

A Success Story of a Great Businessman

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.

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.

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 looked like a village with no citizens, as Hussain al Nowais described it before. He also mentioned that his family once lives in the area of Corniche, wherein Al Husn was the town’s centre.

Hussain al Nowais was sent to Qatar to study since Abu Dhabi’s schooling was insufficient.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 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.

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. According to him, he almost started from nothing in order to build what he has now.

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. 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.

Source: the original source