Every new business starts with an outlandish idea. But just\nhaving something new, different and exciting isn\u2019t enough. It takes several\nother factors to make it successful.<\/p>\n\n\n\n
Our\ncity of Dubai provides a great example of how to turn the seed of opportunity\ninto an economic powerhouse. Because aside from being the perfect place for\nentrepreneurs to get started, the factors behind the city\u2019s rise to greatness\nalso show how best to find that success.<\/p>\n\n\n\n
Want\nto know more? Here\u2019s what new business owners can learn from the Dubai brand.<\/p>\n\n\n\n
1.\nPerseverance And Determination Will Drive Your Transformation<\/strong><\/p>\n\n\n\n Over\n40 years ago, many people would have doubted whether the reality of Dubai could\nactually live up to the dream. Yet the development of the city is rooted in\nperseverance and determination, even when others might have laughed in the face\nof their ambition.<\/p>\n\n\n\n The development of the city of Dubai is rooted in perseverance\nand determination.<\/p>\n\n\n\n As Sheikh Mohammed Bin Rashid\nAl-Maktoum has himself stated: \u2018The word\nimpossible is not in the leaders\u2019 dictionaries. No matter how big the\nchallenges, strong faith, determination and resolve will overcome them.\u2019<\/em><\/p>\n\n\n\n The\ngrowth of Dubai over the years has certainly had its challenges. But thanks to\ndetermined leadership and faith in what could be achieved, it has paid off\nhandsomely.<\/p>\n\n\n\n How You Can Use This In Your Startup Journey<\/strong><\/em><\/p>\n\n\n\n Every\nbusiness has its challenges to be faced and obstacles to overcome.<\/p>\n\n\n\n Yet\nby creating a culture of belief and faith, you too will be able to push through\nthe difficult times and ensure you always find a solution to whatever seems\nimpossible. A good way to do this is to make everyone in your team aware of\nyour vision and the goals you\u2019ve set to meet it (see below), and push towards\nthis every day.<\/p>\n\n\n\n So\nno matter what hurdles life throws at you, it will be easier to see ways around\nimmediate problems to stay on track for the overall vision.<\/p>\n\n\n\n 2.\nInnovation Is The Key To Progress And Prosperity<\/strong><\/p>\n\n\n\n Dubai\nhas always been a big proponent of innovation as a means to progress and\nprosper. It held its \u2018Year of Innovation\u2019 in 2015 and the government\u2019s\ncontinued encouragement of innovation aims to tackle a range of issues \u2013\nincluding relying less on the oil sector.<\/p>\n\n\n\n As an example, Dubai is at the forefront of new architectural\napproaches, with the unveiling of the first 3D-printed office in the world,\nlocated at Emirates Towers. Taking 17 days to build, the Office of the Future\nis proposed to be the first part of a plan to make 25% of Dubai\u2019s USD 44bn\nconstruction industry fully 3D printed.<\/p>\n\n\n\n This kind of ambition highlights\nthe region\u2019s emerging role as a major incubator of innovation and future\ntechnology \u2013 and one that provides a global model that can be followed in all\nsectors. <\/strong><\/p>\n\n\n\n How You Can Use This In Your Startup Journey<\/strong><\/em><\/p>\n\n\n\n Innovation\nneeds to be encouraged in every aspect of your business \u2013 from the people you\nemploy to the strategies you put in place.<\/p>\n\n\n\n In\nother words, by making sure you engage fresh talent, and by creating a\nnurturing and ambitious environment in which they can flourish, you will help\nkeep everyone open to new ideas.<\/p>\n\n\n\n 3.\nCreate Common Goals And A Shared Work Ethic<\/strong><\/p>\n\n\n\n Dubai\nis a visionary city, always looking towards the opportunities of the future\nwith ambition and foresight. This unshakeable belief in what it can achieve has\nbeen the cornerstone of its evolution as a global business hub for everything\nfrom finance to clean energy in the last few decades.<\/p>\n\n\n\n Launched\nin 2010, UAE Vision 2021 set out to make the UAE one of the best places\nglobally to visit, live and work. It is doing this through the use of six\nnational priorities ranging from healthcare and education to ensuring a\nsustainable environment.<\/p>\n\n\n\n Launched in 2010, UAE Vision 2021 set out to make the UAE one of\nthe best places globally to visit, live and work.<\/p>\n\n\n\n By\nsetting a vision for each of these areas of life, it allowed the government and\npeople of the city and wider region to work together towards a shared goal \u2013\nincreasing the likelihood of success.<\/p>\n\n\n\n How You Can Use This In Your Startup Journey<\/strong><\/em><\/p>\n\n\n\n Using\nthe blueprint of the UAE Vision 2021, your startup should focus on setting\npriorities for the years ahead. Ask yourself what is important to your brand\nand what you want to achieve. With this vision in mind, you should then set\nsome goals for yourself and the team that will help you achieve this vision.<\/p>\n\n\n\n Don\u2019t\nlimit it to the far future either. A five or ten-year plan may provide a great\nlong-term vision, but things can change so rapidly that it\u2019s also good to set\nmuch shorter annual or even monthly goals \u2013 making sure that each and every\ngoal is measurable and builds towards the overall vision.<\/p>\n\n\n\n 4.\nContinuous Improvement Will Keep You Ahead Of The Game<\/strong><\/p>\n\n\n\n \u2018The race for excellence has no finish line.\u2019 <\/em>Sheikh\nMohammed Bin Rashid Al-Maktoum<\/p>\n\n\n\n Business\nis all about continuous improvement. It\u2019s about building on what you have,\noptimising your approach, and growing as a result. And the same has been true for\nDubai.<\/p>\n\n\n\n Business is all about continuous improvement. The same is true\nfor Dubai.<\/p>\n\n\n\n This\nis a city that has grown in popularity over the decades, building on its\ngeographic location as the gateway between East and West. But it refuses to\nrest on its achievements so far. The region is gearing up for a ground-breaking\nExpo2020 next year and this event will propel Dubai further into the limelight\nas a key business hub on the world stage.<\/p>\n\n\n\n As\nmentioned in the quote above, there is no finish line to cross when it comes to\nexcellence. So just as Dubai will continue to pursue it, so should your\nbusiness.<\/p>\n\n\n\n How You Can Use This In Your Startup Journey<\/strong><\/em><\/p>\n\n\n\n The\nsuccess of your business isn\u2019t an end goal. It lies in the continuous\nimprovement of the way you work, maximising your ROI, and allowing you to\nevolve and grow in a competitive environment.<\/p>\n\n\n\n Once\nyou\u2019ve established your vision (above), keep those goals in mind and make sure\nyou take the time to measure your success against each one and ask yourself\nwhere you can improve. Then optimise your processes and strategies \u2013 and\nperhaps even set new, more ambitious goals \u2013 to ensure you do better next time.<\/p>\n\t\t","protected":false},"excerpt":{"rendered":" Every new business starts with an outlandish idea. But just having something new, different and exciting isn\u2019t enough. It takes several other factors to make it successful. Our city of Dubai provides a great example of how to turn the seed of opportunity into an economic powerhouse. Because aside from being the perfect place for entrepreneurs to get started, the factors behind the city\u2019s rise to greatness also show how best to find that success. Want to know more? Here\u2019s what new business owners can learn from the Dubai brand. 1. Perseverance And Determination Will Drive Your Transformation Over 40 […]<\/p>\n