A couple of weeks ago I met a friend for dinner and a movie. She’d recently taken a week off work and said she’d enjoyed the beautiful change of weather in the capital.
Relaxing at home and doing things she enjoyed made her realise it was about time she started her own business. She’s always had an idea in mind that she wanted to pursue, and she was adamant there was no time like the present to get going.
As an advocate for entrepreneurship, I could not have been more thrilled. I have always encouraged her to follow her dreams and pursue a business she felt strongly about. Which is why when she said she wanted to go ahead, I stressed that she had to be honest with herself before starting her business, ensure that she was truly passionate about her idea; that she could see herself working on it day and night. Because that is what is needed to grow and expand an enterprise, and she would have to be willing to put in extra hours in the beginning until her business picks up.
She laughed off my comment, stating she would hire someone from the outset to manage everything from A to Z, while she spent her day lounging by her pool, enjoying her corporate freedom and munching on her favourite sugar-glazed doughnuts. Was I shocked at her remark? Not really.
Although managing one’s business can mean more freedom in some aspects, you cannot ignore the hard work that needs to be put in, especially in the beginning. I have met many aspiring entrepreneurs who shared a similar mentality; that their responsibility would be to merely fund the business and everything else would be handled by the manager they hire.
That is not to say that an entrepreneur should take on everything on their own either. It is simply not possible when you consider the different aspects to focus on such as PR, advertising, customer service, product development, and strategising. But when you are building your business, you need to at least be involved in every aspect, to understand how things work.
Let your staff feel your passion. Explain your vision to them, and have them believe in it too. You do not want to have team members who do not believe in what you are trying to achieve. Let them shadow you and see how you conduct your work. That way it will be easier to delegate tasks in the future. At the beginning of their career with you, seeing how you personally work will inspire them to follow in your footsteps.
When business does pick up, and you can freely delegate your daily tasks, you should not be completely hands off. If your business is in town, then be there every day even for a couple of hours, or have a conference call with your managers every week if your business operates in a different country. Mark Zuckerberg, the founder of Facebook, spends five days of the week at his office – this even after his company became a global leader.
There are other reasons why it is important to be involved in your business. You will learn more about your customers’ needs and concerns through customer service. Their comments, as well as market trends, will help you with your expansion plans, product development and growing your business. Your involvement will also provide a morale boost to your employees and make them feel they are part of one big team.
Completely distancing yourself from your business and depending on someone else to run it for you will backfire and could result in mishaps, theft and, ultimately, your business going doing the drain. No one can transfer your passion to the business as much as you. Passion felt by an owner towards their business not only makes the employees believe in the concept and strive to develop it, but will also be felt by the customers.
An hour a day spent with your team, either in the morning by conducting rounds, or just over a conference call if you are away, will go a long way. It is a crucial investment that you have to make.
Manar Al Hinai is an award-winning Emirati writer and communications consultant based in Abu Dhabi. Twitter: @manar_alhinai
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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Without Remorse
Directed by: Stefano Sollima
Starring: Michael B Jordan
4/5
Company%20Profile
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books
COMPANY%20PROFILE%20
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COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
TOURNAMENT INFO
Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri
BRIEF SCORES:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
A meeting of young minds
The 3,494 entries for the 2019 Sharjah Children Biennial come from:
435 – UAE
2,000 – China
808 – United Kingdom
165 – Argentina
38 – Lebanon
16 – Saudi Arabia
16 – Bangladesh
6 – Ireland
3 – Egypt
3 – France
2 – Sudan
1 – Kuwait
1 – Australia
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
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Dunki
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
NINE WINLESS GAMES
Arsenal 2-2 Crystal Palace (Oct 27, PL)
Liverpool 5-5 Arsenal (Oct 30, EFL)
Arsenal 1-1 Wolves (Nov 02, PL)
Vitoria Guimaraes 1-1 Arsenal (Nov 6, Europa)
Leicester 2-0 Arsenal (Nov 9, PL)
Arsenal 2-2 Southampton (Nov 23, PL)
Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)
Norwich 2-2 Arsenal (Dec 01, PL)
Arsenal 1-2 Brighton (Dec 05, PL)
Company%20Profile
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