Study: My Understanding of Companies

May 13, 2018

Miscellaneous

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A Success Story of a Great Businessman

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.

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

When Hussain al Nowais was still young, he and his siblings saw the struggles of their parents. And truly time will come that you will reap what you saw, especially that they are now more than capable to sustain themselves due to hard work.

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, as Hussain al Nowais described, can be compared to a village with no people. His family stays in Corniche before, and Al Husn was the former name of its centre.

The insufficiency of school’s in Abu Dhabi was the reason why Al Nowais went to Qatar to study.There was a norm before that people leave Abu Dhabi and go to Saudi Arabia or Qatar to get out from a difficult kind of life.

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. 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. Their family managed to become a trade organisation after that.

Al Nowais went to the U.S. to study after he got his high school diploma from a school in 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 was no surprise that when Al Nowais was 22 years old, he was already one famous and successful person who can communicate well to foreign businessmen all over the 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 remembered how he made everything possible by starting from scratch.

When his career was still on the state of growing, he was given a chance to supply equipment for electrical use for a department in the government.

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

Al Nowais was even clever enough to think that it is good to have a food business when the Gulf War began. His brilliance even made him acquire some businesses that are dying, wherein he restructured them and made them earn a lot once again.

And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.