Millions of Muslims around the world are celebrating Eid Al Fitr. After 30 days of fasting, we commemorate the end of Ramadan with special prayers and by visiting loved ones, exchanging gifts and donating to charity over the course of three days.
But beyond the festivities, there are vital lessons that Eid can teach entrepreneurs about managing their businesses.
When I became an entrepreneur, I didn’t realise how important it is for us to celebrate our milestones, no matter how small or insignificant they might seem.
I was so focused on my goals that I didn’t even appreciate the progress I made. I didn’t celebrate the small wins or the big ones. I thought that I wasn’t yet where I envisioned myself to be. I wanted to celebrate my ultimate goal no matter how far-fetched it was. But by not stopping to celebrate my progress, I didn’t feel I was getting closer to my ultimate goal.
Celebrating our milestones is not only important to us as business founders, but also to our team members. Celebrations are a reality check and motivational booster to us to work harder.
Celebrations remind us of how far we have come. Eid teaches us the importance of celebrating with those around us, so that they, too, feel motivated. It gives us something to look forward to every year and teaches us that our hard work should be rewarded and celebrated.
It is also equally important to sit back, relax and enjoy a break. Early in my entrepreneurship journey, I didn’t know how to enjoy a break. I worked on my holidays and I always came up with something to do.
I know that fellow entrepreneurs may feel guilty about taking a break when they should be investing these hours in their business. But think of it as an investment in your creativity.
When you rest, you give your brain and yourself a chance to recharge your creative and cognitive abilities. If I there's one thing I learnt about overworking myself, it’s that I’m not serving my company when I’m overworked. No good thing can come from an exhausted mind.
Eid also emphasises the importance of connections and networking. It is customary for us to visit family members and call our loved ones who live far away. We exchange gifts, platters of food and ensure we visit the elderly and those we don’t get to see much often.
An important lesson I learnt from my mother when it comes to communication in business is to always check in on our connections; to keep them well informed about progress and to share our success and concerns with them. The wider the network, the easier it gets to navigate challenges and make the most of opportunities.
Last but not least, perhaps the most important lesson entrepreneurs can learn from Eid is to not forget to give back and to celebrate our success with our community. Muslims are encouraged to donate to charity and share Eid gifts and clothing with those less fortunate. As you celebrate your success, make sure to give back.
Manar Al Hinai is an award-winning Emirati writer and communications consultant based in Abu Dhabi
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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
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Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
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The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
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Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
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- Premier League-standard football pitch
- 400m Olympic running track
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- 600-seat auditorium
- Spaces for historical and cultural exploration
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- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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What are the influencer academy modules?
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- Emerging technologies and VFX with AI and CGI.
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- Professional ethics.
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JAPANESE GRAND PRIX INFO
Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday
Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD
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Plastic tipping points
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SCHEDULE
6.30pm Maiden Dh165,000 (Dirt) 1,400m
7.05pm: Handicap Dh170,000 (D) 1,600m
7.40pm: Maiden Dh165,000 (D) 1,600m
8.15pm: Handicap Dh210,000 (D) 1,200m
8.50pm: Handicap Dh210,000 (D) 2,000m
9.25pm:Handicap Dh185,000 (D) 1,400m
Amith's predicted winners:
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5 of the most-popular Airbnb locations in Dubai
Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:
• Dubai Marina
The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.
Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739
Two bedroom: Dh627 to Dh960
Three bedroom: Dh721 to Dh1,104
• Downtown
Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure. “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."
Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154
• City Walk
The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena. “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”
Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809
Two bedroom: Dh682 to Dh1,052
Three bedroom: Dh784 to Dh1,210
• Jumeirah Lake Towers
Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.
Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629
Two bedroom: Dh549 to Dh818
Three bedroom: Dh631 to Dh941
• Palm Jumeirah
Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.
Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770
Two bedroom: Dh654 to Dh1,002
Three bedroom: Dh752 to Dh1,152