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  • Essay / Interview with an entrepreneur: Mr. Sayed Yousuf Ali

    It is essentially a service industry. They provide clients with branding services. As part of this, they carry out a brand audit and examine the company's marketing communications internally and externally. This will include advertisements, annual reports, trade show booth, brochures, sell sheets, training videos, press releases, etc. to show the uniqueness of the client's organization. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essayMr. Sayed Yousuf Ali, owner of Spyro Group, decided to start his business in 1995. He comes from a family of entrepreneurs. His ancestors were also in business and have many businesses in the UAE. He completed his BE with distinction in mechanical engineering. He worked in the private sector for 3 to 4 years in design engineering, training and project planning. Her father is also a business personality and her mother a housewife. He has a younger brother who is studying medicine in the United States. His interests are reading, meeting new people, traveling and exploring new places, etc. His ancestors were in business, so trying his hand at business was very obvious. A small manufacturing unit was always a dream, but it could not get off the ground and had to shift its operations in different directions. His experience and knowledge inspired him to start a business and he was confident enough to prosper. He believed he could offer unique approaches to help clients. He chose this company because it was a service sector close to his internal wishes. When we start a business, there would always be unforeseen challenges that arise. For this, I prepared a business plan. The business plan does not help when starting a business, but allows us to analyze the financing options available to us, make crucial business decisions, and also helps in understanding the industry and the market. Functional risk was one of the perceived risks that the entrepreneur had to face. with. The services we provide are effective and their results are accepted by the client, which is one of the perceived risks they face. It is a company that promotes its clients' businesses by providing branding services. So, initially, clients will not have complete confidence in the results. To start this business, the basic problem he faced was investment. An investment was required to start the factory. So he had the idea of ​​aligning himself with his partners by selling his ideas, impressing them and convincing them to invest in the company. Unfortunately, many have withdrawn. Next, he planned to establish a small subsidiary in the United Arab Emirates, namely a consulting engineering service. It was a great success with a good, trustworthy and hardworking team. Profits generated from consultancy services were used to invest in the Middle East. There haven't been many major problems. Although starting a business in the Middle East is easy, finding good, trustworthy partners, visa formalities and documents to be approved by work took a lot of time. The choice of company name is also an issue because it must be approved by the Chamber of Commerce. Catchy names are important for businesses. In the world of services, what works are catchy names and quality products and services. In the phase of.