It is high time we begin to see the word “credentials” beyond paper certificates issue by institutions of learning. Better put, credentials are innate qualities that sometimes validated with certificates. The reason is not far fetched. There are men and women with unparalleled business acumen even before obtaining any paper qualification. These rare individuals can be classified as born-entrepreneurs. Hussain Sajwani falls into this group of people.
While he was only 3 years old, his parents, neighbors and relatives noticed the business talents embedded in him. He usually joined his father in a watch shop to provide some assistance. Young Hussain also had an undying love for western education although the father lacked the financial capability to provide it. Nevertheless, he kept burning the midnight oil reading profusely. Somehow, assistance came his way, and he ended up studying in one of the best institutions of higher learning, the University of Washington, obtaining in the process a bachelor degree in Economics and Industrial Engineering in 1981.
Hussain Sajwani understands the place of adequate preparation if one intends accomplishing great feats in business. With this mindset, he joined the workforce of GASCO, a subsidiary of Abu Dhabi National Oil Company, with the hope of acquiring valuable experience as well as raising some capital to launch his own company. He eventually achieved both goals. He was not just successful but recorded extraordinary success, sometimes unprecedented.
His first attempt was a catering venture. With little to no capital, the company rose to the pinnacle of the industry serving over 200,000 meals per day. The success story of DAMAC Properties, another company belonging to Hussain Sajwani, is something phenomenal. DAMAC is currently one of the largest property developing companies across the Middle East. Apart from the hundreds of magnificent properties developed by DAMAC, the company also owns quite a number of five-star luxury hotels in Dubai and other prominent cities in the region.
DAMAC business activities are not restricted to the Middle East. The current President of the United States had a couple of his golf courses developed by the DAMAC owner, and both men have since become intimate friends.
Aside business, the Hussain Sajwani family has a reputation for coming to the aid of the underprivileged, particularly youths and children. Recently, Hussain Sajwani donated AED two million for the clothing of a million poor children.
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