Sunil Gidhwani, founder of Mega Meter Cleaning Services, says the Covid-19 pandemic taught him the importance a contingency strategy. Antonie Robertson / The National
Sunil Gidhwani, founder of Mega Meter Cleaning Services, says the Covid-19 pandemic taught him the importance a contingency strategy. Antonie Robertson / The National
Sunil Gidhwani, founder of Mega Meter Cleaning Services, says the Covid-19 pandemic taught him the importance a contingency strategy. Antonie Robertson / The National
Sunil Gidhwani, founder of Mega Meter Cleaning Services, says the Covid-19 pandemic taught him the importance a contingency strategy. Antonie Robertson / The National

Money & Me: ‘I started with a Dh1,000 salary in 2003 and aim to become a multi-millionaire’


Deepthi Nair
  • English
  • Arabic

Sunil Gidhwani’s wish to become an entrepreneur stemmed from his desire for independence and his ambition to create something meaningful.

He started his career in Dubai's retail industry in 2003. He later shifted to the banking sector, working at Barclays Bank from 2008 to 2009, and then moved into facilities management. He has worked for companies including Farnek Services, MAF Dalkia (now Enova) and Morganti Group.

In 2017, he capitalised on his experience in facilities management to venture into entrepreneurship, founding Mega Meter Cleaning Services. The Dubai company provides specialised services such as water tank cleaning and disinfection, air conditioning duct cleaning and sanitisation, kitchen exhaust system cleaning, pest control and commercial cleaning.

“Entrepreneurship offers the chance to pursue my vision, implement my ideas, and develop a work culture that reflects my values,” the 41-year-old says. “It was a leap of faith, but one that has been incredibly rewarding.”

Mr Gidhwani lives in Discovery Gardens, Dubai with his wife, children and parents. He graduated with a bachelor of commerce from Mumbai University and pursued a master's degree in facilities management from Heriot-Watt University, Dubai.

Did wealth feature in your childhood? What did you learn from it?

Wealth did have a presence in my childhood, but it was always viewed through the lens of responsibility rather than mere accumulation. My family emphasised the importance of financial literacy, teaching me about saving, investing and the value of hard work.

I learnt early on that wealth is not just about money; it’s about the resources and opportunities it can provide. This understanding has influenced my financial decisions and the way I approach wealth building. It instilled in me the importance of integrity and the idea that true wealth is achieved through ethical means and contributions to society.

How did you first earn? What did your first job pay?

My professional journey began in Dubai in 2003, when I secured my first job in retail as a sales executive with a salary of Dh1,000 ($272).

This initial experience taught me the value of earning and the dedication required to succeed in a competitive environment. It was a modest beginning, but it provided me with a crucial stepping stone to more significant opportunities.

Any early financial jolts?

Throughout my career, I have encountered several financial challenges, one of the most significant being during the Covid-19 pandemic. The sudden lockdowns and restrictions tested my business’s resilience, as revenues plummeted overnight.

I had to manage numerous financial obligations, including salaries, rents and ongoing expenses, all while maintaining a commitment to my employees. This period taught me invaluable lessons about financial planning, adaptability and the importance of having a contingency strategy in place. It was a stark reminder of the unpredictability of business and the necessity of being prepared for unforeseen challenges.

Sunil Gidhwani prioritises financial security but also spends on meaningful experiences. Antonie Robertson / The National
Sunil Gidhwani prioritises financial security but also spends on meaningful experiences. Antonie Robertson / The National

How do you grow your wealth?

My approach to growing wealth has been centred around strategic reinvestment. From the outset, I made the conscious decision not to take a salary from my company for the first two years. This choice allowed me to reinvest every available profit back into the business, facilitating expansion and the development of our service offerings.

Also, I actively invest in the Indian stock market. This diversification strategy, combined with seeking opportunities in areas that resonate with my expertise and values, has been key to building my wealth over time.

Are you a spender or a saver?

I would describe myself as a combination of both. While I recognise the importance of saving for the future, I also believe in the value of investing in experiences that enrich life. I prioritise financial security but also understand that spending on meaningful experiences – whether it’s family vacations, education, or personal development – can yield invaluable returns.

Early on in my journey, I invested in a business coach and engaged with networking platforms, which significantly helped me grow both personally and professionally.

Have you been wise with money?

I haven’t always made the wisest decisions. I have experienced setbacks due to poor investment choices and impulsive spending. However, each mistake has been a learning opportunity that has shaped my understanding of financial management. I’ve come to appreciate the importance of research and careful consideration before making financial decisions.

What has been your best investment?

My best investments have undoubtedly been in my business and my personal development. Establishing my business has been the most rewarding endeavour. My investment in my education has equipped me with the necessary skills to navigate challenges in the facilities management sector.

Financial resources should be utilised not just for personal gain but also to uplift others and contribute to the community
Sunil Gidhwani,
founder and managing director, Mega Meter Cleaning Services

How do you feel about money?

I feel a sense of excitement and opportunity when it comes to money. It represents potential for growth, security, and the ability to create a positive impact. I view money as a tool that, when used wisely, can open doors to new experiences and opportunities for my family and myself.

My philosophy is that financial resources should be utilised not just for personal gain but also to uplift others and contribute to the community.

Any financial advice for your younger self?

Start investing early and prioritise financial education. Understanding the principles of investing, saving and budgeting from a young age can set the foundation for long-term financial success.

I also wish I had been bolder and more aware during conversations about emerging opportunities, like when my friends and I discussed crypto when it first emerged. Many of those discussions remained at the idea stage, and I would encourage myself to be more proactive in exploring those opportunities.

I would encourage my younger self to seek mentorship and learn from those with more experience in financial matters. The sooner one begins to build good financial habits, the more opportunities they will create for themselves in the future.

Any key financial milestones?

I started my company with just three technicians and one supervisor, and today the company boasts a workforce of more than 85 employees. This growth is a significant achievement. Additionally, reaching a point of financial stability that allows for reinvestment and growth has been crucial.

What luxuries are important to you?

To me, the most important luxuries are good health and a loving family. These elements are fundamental to a fulfilling life.

I am passionate about working out, as I believe that fitness is essential for overall well-being. Regular exercise not only keeps me physically healthy but also sharpens my mind, enabling me to tackle challenges with clarity and energy.

I also appreciate the luxury of experiences – travelling, learning, and creating memories with loved ones that enrich our lives.

What are your financial goals?

My financial goals are ambitious but attainable. I aim to become a multi-millionaire, which I believe is achievable through continued dedication to my business, strategic investments, and ongoing growth.

My vision is to position my company as a market leader, aiming to capture more than 50 per cent of the market share in the AC ducts and water tanks cleaning industry. I aspire to create a legacy that benefits my family and contributes positively to the community.

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

The burning issue

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.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Al Jazira's foreign quartet for 2017/18

Romarinho, Brazil

Lassana Diarra, France

Sardor Rashidov, Uzbekistan

Mbark Boussoufa, Morocco

MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

The burning issue

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. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Results
  • Brock Lesnar retained the WWE Universal title against Roman Reigns
  • Braun Strowman and Nicolas won the Raw Tag Team titles against Sheamus and Cesaro
  • AJ Styles retained the WWE World Heavyweight title against Shinsuke Nakamura
  • Nia Jax won the Raw Women’s title against Alexa Bliss
  • Daniel Bryan and Shane McMahon beat Kevin Owens and Sami Zayn
  • The Undertaker beat John Cena
  • The Bludgeon Brothers won the SmackDown Tag Team titles against the Usos and New Day
  • Ronda Rousey and Kurt Angle beat Triple H and Stephanie McMahon
  • Jinder Mahal won the United States title against Randy Orton, Rusev and Bobby Roode
  • Charlotte retained the SmackDown Women’s title against Asuka
  • Seth Rollins won the Intercontinental title against The Miz and Finn Balor
  • Naomi won the first WrestleMania Women’s Battle Royal
  • Cedric Alexander won the vacant Cruiserweight title against Mustafa Ali
  • Matt Hardy won the Andre the Giant Battle Royal
The years Ramadan fell in May

1987

1954

1921

1888

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

While you're here
The burning issue

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. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A

Monster Hunter: World

Capcom

PlayStation 4, Xbox One

UAE currency: the story behind the money in your pockets
RESULTS

West Asia Premiership

Thursday
Jebel Ali Dragons 13-34 Dubai Exiles

Friday
Dubai Knights Eagles 16-27 Dubai Tigers

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

MATCH INFO

Osasuna 1 Real Madrid 4
Osasuna: García (14')
Real Madrid: Isco (33'), Ramos (38'), Vázquez (84'), Jovic (90' 2)

The years Ramadan fell in May

1987

1954

1921

1888

The years Ramadan fell in May

1987

1954

1921

1888

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Wallabies

Updated team: 15-Israel Folau, 14-Dane Haylett-Petty, 13-Reece Hodge, 12-Matt Toomua, 11-Marika Koroibete, 10-Kurtley Beale, 9-Will Genia, 8-Pete Samu, 7-Michael Hooper (captain), 6-Lukhan Tui, 5-Adam Coleman, 4-Rory Arnold, 3-Allan Alaalatoa, 2-Tatafu Polota-Nau, 1-Scott Sio.

Replacements: 16-Folau Faingaa, 17-Tom Robertson, 18-Taniela Tupou, 19-Izack Rodda, 20-Ned Hanigan, 21-Joe Powell, 22-Bernard Foley, 23-Jack Maddocks.

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Jiu-jitsu calendar of events for 2017-2018:

August 5:

Round-1 of the President’s Cup in Al Ain.

August 11-13:

Asian Championship in Vietnam.

September 8-9:

Ajman International.

September 16-17

Asian Indoor and Martial Arts Games, Ashgabat.

September 22-24:

IJJF Balkan Junior Open, Montenegro.

September 23-24:

Grand Slam Los Angeles.

September 29:

Round-1 Mother of The Nation Cup.

October 13-14:

Al Ain U18 International.

September 20-21:

Al Ain International.

November 3:

Round-2 Mother of The National Cup.

November 4:

Round-2 President’s Cup.

November 10-12:

Grand Slam Rio de Janeiro.

November 24-26:

World Championship, Columbia.

November 30:

World Beach Championship, Columbia.

December 8-9:

Dubai International.

December 23:

Round-3 President’s Cup, Sharjah.

January 12-13:

Grand Slam Abu Dhabi.

January 26-27:

Fujairah International.

February 3:

Round-4 President’s Cup, Al Dhafra.

February 16-17:

Ras Al Khaimah International.

February 23-24:

The Challenge Championship.

March 10-11:

Grand Slam London.

March 16:

Final Round – Mother of The Nation.

March 17:

Final Round – President’s Cup.

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

RESULT

Manchester City 5 Swansea City 0
Man City:
D Silva (12'), Sterling (16'), De Bruyne (54' ), B Silva (64' minutes), Jesus (88')

The biog

Simon Nadim has completed 7,000 dives. 

The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast. 

As a child, he loved the documentaries of Jacques Cousteau

He also led a team that discovered the long-lost portion of the Ines oil tanker. 

If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah

 

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
Updated: October 04, 2024, 6:02 PM`