What Does It Take To Succeed With Your Own Business?
Gulf Business|May 2019
Saudi business leader and entrepreneur Makarem Batterjee uses his two decades of experience to offer key advice to entrepreneurs.
What Does It Take To Succeed With Your Own Business?

HAVING SPENT MORE THAN 20 years of my life in the healthcare and investment industry as an impact-driven investor, social entrepreneur and leader, I have learnt a thing or two about what it takes to succeed in the business world.

Along the way, my roles as the vice chairman and deputy president of Saudi German Hospitals Group, president of the Gold’s Gym franchise in Saudi Arabia, and founder and president of Humania Capital have shaped my abilities as an entrepreneur and helped me realise what kind of leader I am and want to be.

Working and learning from incredible people, such as my father Eng Sobhi Batterjee, president of SGH and my uncle Dr Khalid Batterjee, vice president of SGH, along the way has been a large part of that learning experience.

I am a huge believer in developing young talent and helping them bring their fresh ideas to life, which is why my experiences as an investor on the Saudi edition of popular US show Shark Tank have been so rewarding.

One thing I am keen to stress is that not every entrepreneur is or must be the same – different personalities make different entrepreneurs. People often misinterpret being a successful entrepreneur as being an ‘idea maker’ or a ‘creator’, and while the idea is what inspires the foundation of a business, being a successful company is more than just having an idea. Having people that know how to shape and direct these grand ideas into a successful plan or product is just as important.

Here are some important tips for all types of leaders as they strive to build their business and achieve long-lasting success.

You must be committed

This story is from the May 2019 edition of Gulf Business.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the May 2019 edition of Gulf Business.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM GULF BUSINESSView All
Green lights
Gulf Business

Green lights

It hasn’t even been a full year that Stellantis, one of the world’s biggest auto companies, has been in existence. Still, its wheels are spinning furiously. Here’s what it has in store for the region

time-read
6 mins  |
December 2021
Purpose through corporate responsibility
Gulf Business

Purpose through corporate responsibility

Every organisation must deeply reflect about whether they are leaving behind a legacy or a liability, says Abdulaziz AlSowailim, EY MENA chairman and CEO

time-read
5 mins  |
December 2021
Analysing the layers of a coconut
Gulf Business

Analysing the layers of a coconut

When we have a sense of clarity as to our purpose in life, then we institute the correct practices and habits around us, and set realistic and achievable results

time-read
3 mins  |
December 2021
DUNES TO DOMINION
Gulf Business

DUNES TO DOMINION

FOR A COUNTRY RICH IN TRADITION AND DRIVEN BY AMBITION, THE UAE’S JOURNEY DURING THE PAST 50 YEARS HAS BEEN UNPRECEDENTED. WHAT’S IN STORE FOR THE NEXT 50?

time-read
9 mins  |
December 2021
Building strong
Gulf Business

Building strong

International investors are boosting Dubai’s residential property market, which has rebounded strongly from the Covid crisis, writes Aarti Nagraj

time-read
3 mins  |
December 2021
CHASING THE AMERCIAN DREAM
Gulf Business

CHASING THE AMERCIAN DREAM

FOR SHAI ZAMANIAN, THE US IS A LAND OF LIMITLESS POSSIBILITIES, AN AVENUE HE AIMS TO OPEN FOR FAMILIES WORLDWIDE VIA IMMIGRATION. HERE’S HOW HE IS BRINGING HIS GOAL TO FRUITION

time-read
6 mins  |
December 2021
OBITUARY: JOCELYN HENDERSON (1921-2021)
Gulf Business

OBITUARY: JOCELYN HENDERSON (1921-2021)

THE GRANDE DAME OF ABU DHABI – THE WIFE OF A FORMER DIPLOMAT – PASSED AWAY IN THE UAE CAPITAL AGED 100

time-read
3 mins  |
December 2021
THE DIGITAL DISRUPTORS
Gulf Business

THE DIGITAL DISRUPTORS

IN THE COMING YEARS, THE GCC IS EXPECTED TO PLAY A SIGNIFICANT ROLE IN SECTORS SUCH AS HEALTHCARE, MANUFACTURING, EDUCATION AND RETAIL, WHICH WILL HELP BOOST THE GROWTH OF ITS NON-OIL ECONOMY

time-read
7 mins  |
December 2021
Signed, sealed, delivered
Gulf Business

Signed, sealed, delivered

Nicolas Baretzki, CEO of Montblanc, partnered with one of the world’s most recognisable luxury brands, Ferrari, earlier this year. Here’s where the partnership, and the German company as well, is headed next

time-read
6 mins  |
December 2021
UP, UP AND AWAY
Gulf Business

UP, UP AND AWAY

AS THE FIRST IN-PERSON AIRSHOW TO TAKE PLACE SINCE THE OUTBREAK OF THE PANDEMIC, THE EVENT SAW SEVERAL DEALS ANNOUNCED

time-read
4 mins  |
December 2021