Page 20 - Millenial Finomics Issue 1
P. 20

Now, what is more, fascinating                          it, so I had a full organiza-                                  of  projects that aren’t relat-

      than starting rise-up companies  tional structure that I used                                                          ed to each other, so they all
      from ashes and even growing                             inside the bank where it                                       serve well in that case, so

      as many skills are how it all                           showed me that I have the                                      when the restaurant is down

      started? Did he base his first                          full potential to be able to op-                               the barbershops are well, and

      building block to the tower of                          erate the business myself.”                                    so on” so all the businesses

      success he has now and yet-to-                                                                                         can’t go down at the same time,

      have?                                                   After seven years, he moved to                                 so that’s why it never loses bal-

                                                              Egypt and decided to buy a dog;                                ance I believe this is the best
      When Mr. Aladin started work-                           on his trip to a wandering pet                                 way to hedge your risk in eco-

      ing in a french bank after his                          shop, Mr. Aladin got his first                                 nomic instability, so that’s why

      graduation, in Paris where he                           spark. He saw that most pet                                    this during the crisis we never

      was based at times, he men-                             shops lacked professionalism;                                  have a hill downfall, Egyptian

      tioned being there for six years  the stores had foul smells, were                                                     market is a very virgin market.

      as an employee who was giving  unhygienic, and were not tak-                                                           Also, a way is to figure out what

      too much in return for too lit-                         en care of as they should have                                 your customers need, because

      tle, while only helping develop                         been. He even mentioned that                                   there are a lot of gaps in the

      the bank. In the process, he was  minimal products and assort-                                                         market that you can open so                             customers a lot. I hear their
      not learning anything new and                           ments were even available for                                  many businesses,  and it requires  needs. I hear what they’re

      was not taking instructions an-                         purchase. “There was a gap in                                  a peer through your customers,  looking for, what they are ex-

      ymore. “I was only giving,”                             the market, and I wondered                                     to hear what they’re expecting                          pecting. And based on that,

      he said, and that started a spark  what it would be like to open                                                       and based on that, you decide                           I’m opening new businesses

      for him to dream significantly                          up a luxurious shop to suite                                   the company you need.                                   all the time. Like in Egypt,

      about having to work from the  higher end society,” he said,                                                                                                                   fewer people are looking for

      comfort of his passion. “What  “I kept looking for the re-                                                             “I’m not a dog specialist to                            sushi restaurants. I opened
      I made for the bank was a                               sources that I have, my car,                                   open a dog shop; I’m not a                              MCI, and I realized peo-

      huge profit, yet I was only                             my bicycle, and all my sav-                                    bicycle professional to trade                           ple were looking for Dubai

      taking 1/1000 percent of  that  ings to open up Egypuppy.”                                                             it and I’m not a chef  to open  motorcycles in a nice place

      net profit, I saw myself  in                                                                                           a restaurant, I’m not a bar-                            opened by color. That’s look-

      the opportunity of  creating                            Another strength Mr. Aladin                                    ber to open a barbershop, but  ing for barbershops, like the

      and developing producers                                portrayed was his great strategy                               they make a perfect portfo-                             ones in the U.S I opened Bek-

      and sources of  income, being  to avoid any significant prob-                                                          lio,” he stated.                                        ky barber. I realize people are

      able to market for it, and to                           lems, “The key is in having a                                                                                          looking for a nice advertising

      teach salespeople how to sell                           big portfolio of  projects that                                “So I always listened to my                             company that opens Topia.


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