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. 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.
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.
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.
Many families, which included the family of Al Nowais, decided to come back to Abu Dhabi when Sheikh Zayed bin Sultan Al Nahyan became the president. Their progress as a family started with Al Nowais’ grandfather who from a pearl merchant became a trader for foodtsuffs and materials. That was the beginning of their family business, which is an organisation for trade.
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.
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.
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.
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.
In this very moment, he is still sharing his knowledge to many and earning more money, especially that Federal Foods is under his name.