Personal Info
- Country of residence: Palestine
Information
Palestinian businessman Mohammed Al-Sheikh, founder of the Horse Stud Company (Sheikh Stud), confirmed the ability of the Gulf economy, specifically in the United Arab Emirates and the Kingdom of Saudi Arabia, to attract Arab and international investments.
The Sheikh, an expert in entrepreneurship and international relations, said in a statement that the success of young businessmen in achieving their ambitions lies in their ability to set the goal first and to strive for excellence, creativity, and perseverance in achieving the ambition.
It is noteworthy that Al-Sheikh Holding Company, based in Palestine, includes a group of real estate entities, hotels and insurance companies, as well as the international food company Atria, which includes more than 4,000 employees around the world.
Muhammad Al-Sheikh’s advice to young people for the success of their businesses
The Sheikh gave six pieces of advice to young businessmen to become successful businessmen, the most important of which is determining the suitability of the field in which one is working to the ambitions and capabilities of the young man, explaining that it is not necessary to have a lot of money to enter this world, but rather one can take risks in the hope that there will be a reward of the same degree. .
He pointed out that the second advice is to determine the project you want the young businessman to start, the goal behind it, and how university study can help him in that.
The Sheikh said that the next stage is choosing the right idea, a clear vision for this idea, working to develop it, and constantly educating yourself about the idea, indicating that this may require returning to obtain a certificate or conducting research.
He stated that the next stage includes conducting a feasibility study for the project, which includes calculating the costs and size of the project’s profits, determining the money that must be spent at each step in the new business, and when is the appropriate time to reap profits, in addition to behaving well in the event of sensing a certain danger.
He stressed the need to focus on work, as it is very important for a businessman to have a focus that has many implications for his professional life and the decisions he makes, as this quality is considered one of the most important qualities that successful businessmen must have, because there are many responsibilities. The things that must be known, taken into account, and focused on every word and decision before confirming it, which requires high concentration and clarity of mind.
The Sheikh gave a sixth and final piece of advice under the name of showing gratitude and compassion, meaning that the businessman must extend thanks to all the individuals with whom he deals, and not forget the people and circumstances that helped him achieve success, and move from the beginning of his humble work or project to the advanced state that the business has reached. In the future.
Muhammad Al-Sheikh added in conclusion, “The business world does not fall under a specific structure. There are obstacles that cannot be predicted at all times, and to become a successful businessman there are many things and lessons that you will go through, and the greatest evidence of this is Jeff Bezos, the famous successful businessman who started... With a simple online bookstore from his home, today he is one of the richest men in the world.”
source
Achievements and Awards
- Years in active
: From
To