Study: My Understanding of Companies

May 13, 2018

Miscellaneous

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Success in Business through Perseverance

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. A lot of people are wondering how this UAE businessman succeeded so much in his career.

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 looked like a village with no citizens, as Hussain al Nowais described it before. His family stays in Corniche before, and Al Husn was the former name of its 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.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. 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 continued schooling in the United States of America after finishing high school in his beloved place, Abu Dhabi.

He finished a business administration degree in the United States of America and then practices it right away in the UAE, wherein his heart and soul were filled with optimism and bright ideas. 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. According to him, he almost started from nothing in order to build what he has now.

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.

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.

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