One of the biggest names around the globe is Sheikh Maktoum’s. In the past few years that Sheikh Mohammed bin Rashid has been the ruler of Dubai, the Emirates has become bigger, stronger and economically strong. Dubai continues to surprise people with its grandiose and developments in every sector. Under the leadership of Sheikh Maktoum, Dubai has emerged as a powerful state. If you want to know how to build a strong business empire, then here are some lessons you can learn from Sheikh Maktoum:
Have a strong vision
Dubai is the perfect example of turning vision into reality by working hard and persistently to achieve the impossible. When Sheikh Maktoum planned to turn a small desert town into a gigantic business hub, he was met with skepticism and ridicule. But the world saw, how the idea turned into reality. The lesson to learn here is, if you really want to achieve greatness in the world of business you have to start thinking big. Think out of the box and work hard to turn your plans into reality.
Create a sound business model
You cannot expect to achieve success in your company by following classical textbook methods for leading your employees. What you can learn from Sheikh Maktoum in this regard is that under his leadership, a strong, meticulous business model was created in Dubai. It is how they managed to create a strong economy despite their debts. It was Sheikh Maktoum who managed to unite some of the biggest industrial names under the banner of Al Maktoum family. Management teams with experience in generating high profits were hired and allowed the freedom to work on their own rules.
The business model in Dubai involves crystal, clear communication. Sheikh Maktoum often makes surprise visits and talks to the people in huge empire about their problems and issues. What you need to know is if you want to lead your company to success then communicate clearly with your workers what your goals are and motivate them all to work hard to achieve them.
While having an effective vision and a strong focus is necessary to take your business on high levels of success, what most people don’t know is that one of the biggest rules for success is to stay persistent. Once you have decided what you want to do, don’t lose focus and keep working hard towards it just as Sheikh Maktoum did for making Dubai a strong business empire.
There is much more to learn from the life of Sheikh Maktoum. He is a great example to follow if you want to make history in the world of business.