As one of the richest people in Saudi Arabia and the DAMAC owner, Hussain Sajwani is no stranger to the business world but just how does he manage to maintain his composure amid all the stress related to running your own business? He recently sat down with Arabian Business to discusses where he plans to go with the company and how he manages to stay on top of all the things he has to do. As a child, he first recognized his knack for being an entrepreneur and pursued that passion. By the beginning of the 21st century, Hussain Sajwani had worked his way up the corporate ladder and become the DAMAC owner you see today. When discussing social media, he mentioned that he believes it to be one of the most powerful and effective tools of the modern day and age.
In fact, his company actually uses social media to help promote their products. One of the things that Hussain Sajwani enjoys the most as the DAMAC owner is when he is able to enjoy the finished product of one of the skyscrapers or homes that the company has built. He is very adamant about being able to enjoy his own handiwork. When discussing the secret to the success of the company, he said that there is no one person who keeps the company running smoothly. Rather, every single employee helps to ensure that the company remains successful. When asked whether he values education or experience more, he mentioned that you can’t have one of those without the other.
As such, he believes the two concepts to be equal. One of the biggest decisions he had to make for the company is when they decided to have DAMAC go public because that required them to make a lot of different changes within the company. Finally, he was asked where he sees the company in five years and he responded that he would like to expand into other parts of the world because they’ve already built over 20,000 residences throughout the middle east. We wish him the best of luck.
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