Hussain Sajwani is one of the most decorated CEOs in recent history. Sajwani, now aged sixty-five, is an Emirati billionaire who has amassed a fortune in the real estate industry. As they say, fortune favors the bold. Sajwani was not a billionaire at his time of birth but over the years, Hussain has found himself a goldmine.
Sajwani, who is also an alumnus of the University of Washington, started his career in GASCO, an institution he helped build as its contacts manager. However, Hussain Sajwani, now tired of employment, decided to diversify. It is in 1982 that Sajwani set up his own catering business, a venture that picked up from the get-go.
The now successful Sajwani, a rich advocate of property market expansion, did the unthinkable. He began building high-end hotels all over Dubai, a move aimed at strengthening the commercial foothold of his Emirati home.
Indeed, Sajwani has had the vision to transform lives from the very beginning. It is in 2002 that Hussain created DAMAC Properties, an institution that has withstood the test of time to emerge as one of the largest real estate segments in the Middle East.
Hussain Sajwani is not only the founder and CEO of DAMAC Properties but also doubles as the company’s chairman. DAMAC Properties, which started small, is now the employer of close to two thousand employees.
The company which has now carved its niche in the property segment owns shares on the Dubai Financial Market, something that has only become possible thanks to Hussain Sajwani insights. Recall, Hussain is prolific in matters touching on sales, legal, finance, administration, and marketing.
Today, DAMAC Properties can boast about realizing over two thousand luxury homes, a significant number in the company’s sixteen years of existence. Sajwani, thanks to his expertise in business has been able to cultivate friends in high places. Donald Trump, the current United States president, has benefited greatly from his relationship with Hussain Sajwani and DAMAC Properties. Taking a look at Trump’s new golf courses speaks volumes.
Hussain, the owner of DICO Investments Co LLC., is also a dedicated philanthropist. In 2013, Sajwani donated two million Emirati dirhams, money that got used in helping cloth needy children from all across the globe. Therefore, Sajwani has more than proved his worth.
Certainly not each and every person has what it takes to make it big by themselves as a successful businessperson while also holding the position of owning a company. The people who don’t own the traits required to succeed in a small sized business, your efforts probably will not lead to prosperity. Including certain characteristics, one also requires the market which promotes running your own business. While some areas are better niches for business prosperity, you can obviously overcome this with the right strategy and execution.
Extensive institutions that require reporting to higher-ups usually hinder successful traits to emerge. Independence is needed and a feeling of freedom comes from making your own decisions and developing yourself. You’ll also need to work long hours until your goals are exceeded. Independence is hindered in this way because of unnecessary obstacles that make true progress suffer.
By the time meaningful change happens, it causes a broad influence on a smaller sized company which requires faster reaction time because bigger businesses simply engulf those disturbances. Visionaries must quickly and strategically respond to such alterations of outcomes to inspire positive market conditions, on the flip-side, businesspeople who aren’t willing to take decisive actions will simply see the negative results that occur afterward on services and revenue.
José Hawilla, proprietor of Traffic, the greatest sports advertising organization in South America. Traffic is a business dedicated to marketing and patronage, presenting sports contests and reselling the licenses to televise tournaments on Television. Traffic runs an organization of stockholders which has currently financed almost $40 million in part or entire purchase of the financial benefits of football (or soccer for US readers) athletes to participate in Brazilian clubs. The purpose is to valorize the player for upcoming trades, disregarding the group where the competitor plays.
The decision of which contestants for Traffic grants is determined by an information service (called the Intelligence Department) who analyze the technical file, history, and statistics of the candidates and produces videos for the clubs interested in hiring them.
For the search of these athletes that can yield dividends to the company, it maintains a team of observers led by Dario Pereyra. You can visit their Twitter.
- Written by: travelingman
- Category: Business, Business Leaders, CEO, Entrepreneur
- Published: April 25, 2018
Louis Chenevert is an entrepreneur, chairman and chief executive officer of United Technologies Corporation (UTC). Louis joined the company in 2006, and since then, he has served different roles in the company. He first worked as the chief operating officer and a director of the company before he was appointed as the chief executive officer in 2008. In 2010, Mr. Chenevert took up the role as the chairman of the company.
Louis Chenevert holds a bachelor’s degree in Commerce, production and management option from the University of Montreal. Chenevert has spent his career bringing ideas into life. He focuses on operational talent and engineering expertise to make ideas become a reality. Technology trends have been the most exciting factor to Louis and the United Technology Corporation at large. He believes that technology is advancing at a crazy speed that can accelerate the momentum of the UTC into the near future.
Interesting development in the aerospace sector: https://t.co/9xzKKNQ3sH
— Louis Chenevert (@louis_chenevert) February 20, 2018
Before joining United Technologies, Louis also worked in other companies. His career journey started at General Motors where he served as the general production manager at General Motors St. Therese operation for 14 years. In 1999, he worked as the president of Pratt & Whitney. He worked tirelessly to ensure success in both companies. He is a board member of the US-India, CEO Forum and a member of the executive committees of business roundtable, where he heads the tax and fiscal policy committee. He chairs the Yale cancer center advisory board and also serves as a board of director for Cargill. Mr. Louis was recognized as a member of the American Institute of Aeronautics and Astronautics in 2015.
In an interview, he stated that passion, focus, relentless follow up, being optimistic and investing had been the key habits that have made him productive as an entrepreneur. He had unique strategies that helped him in growing his business. He has always found a way to eliminate roadblocks that may stand between his success. Louis Chenevert advises entrepreneurs to think big and surround themselves with winners and successful people who motivate them to work harder. He also urges startups to get the right team with vision and can help in overcoming obstacles.