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CURATING YOUR ONLINE PRESENCE USE THE POWER OF SNAPCHAT FOR PERSONAL BRANDING ENVISIONING QATAR’S SUPPLY QATAr’s AND DEMAND TOMORROW AMRUDA NAIR THE AIANA HOTELS & DR. SHEIKHA AISHA RESOrtS CEO ON SEEKING SUPERIOR SERVICE BINT FALEH BIN NAssER AL-THANI AL FALEH GROUP FOUNDER AND CHAIRPERSON SHUTTERSTOCK FOUNDER AND CEO JON ORINGER HOw “SilicON VALLEy’S FIRST billionaire” greW HIS STARTUP TO DOMINATE THE GLOBAL MARKET 9 772312 595000 > MARCH 2016 | WWW.ENTREPRENEUR.COM/ME | QAR15 MARCH 2016 CONTENTS 20 30 30 INNOVATOR: Qatar’S PICTURE PERFECT ENVISIONING Qatar’S SUPPLY AND Shutterstock founder toMorroW DEMAND and CEO Jon Oringer Dr. Sheikha Aisha bint Faleh bin Amruda Nair How “Silicon Valley’s Nasser Al-Thani The Aiana Hotels first billionaire” grew The founder and chairperson of & Resorts CEO on his startup to dominate Al Faleh Group sees entrepre- seeking superior the global market. neurs armed with exec education service. as the way forward. 30 Jon Oringer, founder and CEO, Shutterstock MARCH 2016 ENTREPRENEUR 3 Q70 Qatar Today English FP 20.5X27.indd 1 8/19/15 3:37 PM CONTENTS MARCH 2016 52 Mohammed Abdul Rahim Al Fahim, Group CEO, Paris Gallery Group of Companies 36 ETHICS How to be an ethical 12 leader EDITOR’S NOTE Bayt.com’s Lama Ataya By Fida Z. Chaaban explains that the key to having an ethically-run 60 company is employing ESQUIRE GUY morally upstanding The secret to better leaders. brainstorming Ross McCammon says 72 46 42 leading a brainstorming MONEY: ‘TREPONOMICS: ASK A PRO sessions starts with YOUR MONEY MARKETING Early sales success is key forgetting about the Looking further afield Show what you know to survival box that, according According to Genpharm Cheryl Tan outlines five Karl Hougaard outlines to generally accepted co-founder Karim Smaira, essentials to consider for five common mistakes brainstorming practices, your business may your content marketing to avoid, and why your you’re supposed to be do better with a non- plan in 2016. business will be better off. thinking outside of. traditional funding route. 20 The winners of this year’s Oman Entrepreneurship Awards 4 ENTREPRENEUR MARCH 2016 14-H.Moser_Entrepreneur-SFP-EN.indd 1 2/14/16 11:55 AM CONTENTS MARCH 2016 56 C.R Lee, President, Samsung MENA, 2016 MENA Forum 56 59 79 49 TECH: MOBILE TECH STARTUP FINANCE LIFE SHINY On the road The Luxury Closet gets Three tips for an energy- #TamTalksTech Read about an app funded! efficient lifestyle Gadgets and doodads that developed by NYUAD Founder and CEO Kunal Part of not losing control you might’ve missed out on, students that was Kapoor, a former head of is to account for the sourced by a tech aficionado. awarded top honors at sales at Louis Vuitton, energy that you allocate Yes, it’s okay to want them the World Government emphasizes on his startup’s to the different things you all… and no, it’s not our Summit. disciplined compliance do, and roles you play. fault. to budget timelines and 54 financial strategy. 62 58 CULTURE: LIFE ONLINE ‘TREP TRAPPINGS 51 Ten common beliefs we Curating your online ‘Trep gear BUSINESS UNUSUAL get wrong and why presence The executive selection for Start ‘em young Overrated ideas vs. Entrepreneur Tom Otton the entrepreneur on your Jordan-based teen ‘treps, underrated ideas put discusses how to use the list that has everything. Zaid Amer Rahhal and forward by Olympian and power of Snapchat for Okay, maybe for a little Mazen Rid Hashem, entrepreneur James Clear. personal branding. self-reward as well. launched an accessories line with financial independence 80 as one of their main drivers. ECOSYSTEM Working at a startup 74 made me a better version START IT UP: of myself Q + A Adib Samara left a “Do you want some glitzy multinational space?” with all of the perks to Startup Boxit, founded join the entrepreneurial by Premlal Pullisserry, ecosystem, and this offers up solutions for your is how it changed his 57 Samsung Gear 360 storage needs. perspective. IMAGES COURTESY SAMSUNG SAMSUNG COURTESY IMAGES 6 ENTREPRENEUR MARCH 2016 EDITOR IN CHIEF Fida Z. Chaaban [email protected] SUBSCRIBE MANAGING DIRECTOR Walid Zok [email protected] Contact [email protected] to receive DIRECTOR Rabih Najm [email protected] Entrepreneur Middle East every issue DIRECTOR Wissam Younane [email protected] PUBLISHER Nehme Abouzeid CREATIVE LEAD Odette Kahwagi MANAGING EDITOR Aby Sam Thomas STARTUPS SECTION EDITOR Pamella de Leon ONLINE LIAISON Kareem Chehayeb PO Box 502511 Dubai, United Arab Emirates P +971 4 4200 506 | F +971 4 4200 196 COLUMNIST Sindhu Hariharan COLUMNIST Tamara Clarke For all commercial enquiries related to COLUMNIST Shoug Al Nafisi Entrepreneur Middle East contact [email protected] COLUMNIST Erika Widen CONTRIBUTING WRITERS All rights reserved © 2016. Lama Ataya Neil Petch Opinions expressed are solely those of the contributors. Abdulla Barakji Soukaina Rachidi Entrepreneur Middle East and all subsidiary publications in Amal Chaaban May Rostom the MENA region are officially licensed exclusively to BNC James Clear Mark Sephton Publishing in the MENA region by Entrepreneur Media Inc. Karl Hougaard Adib Samara No part of this magazine may be reproduced or transmitted Suhail Al-Masri Tareq Samara in any form or by any means without written permission of Ross McCammon Karim Smaira the publisher. Rani Nasr Erika Widen Images used in Entrepreneur Middle East are credited when necessary. Attributed use of Printed by Raidy Emirates Printing Group LLC copyrighted images with permission. All images not credited otherwise Shutterstock. www.raidy.com In addition to our print edition, we’re bringing EntMagazineME you all sorts of industry news on our web MIDDLE EAST mediums. Joining us online means getting @EntMagazineME @Fida relevant business and startup content in ACCESS FRESH CONTENT DAILY ON OUR WEBSITE! real-time, so you’re hearing about the latest Entrepreneur-me www.entrepreneur.com/me developments as soon as we do. We’re looking EntrepreneurMiddleEast forward to interacting with our readers on all of our social media and web platforms- like any EntMagazineME thriving business, we’re looking to give and take. #TrepTalkME is already happening on all of our EntMagazineME digi platforms, and all good conversations go both ways. See you on the web! EntMagazineME 8 ENTREPRENEUR MARCH 2016 14-TUDOR_Entrepreneur_SFP_EN.indd 1 2/14/16 11:39 AM EDITOR’S NOTE Doing your part for the ecosystem Encouraging entrepreneurship is everyone’s responsibility had the pleasure of speaking those who are just starting out can on Twitter MENA’s panel at volunteer to lend a hand at startup the Global Women’s Forum in events- and in the process you gain Dubai in February. Moderated valuable connections and insight by Kinda Ibrahim, my co- into the ecosystem’s workings. This Ipanelists (Iman Ben Chaibah and helps you as much as it helps the Heba AlSamt) and I were asked to ecosystem. discuss how the medium puts Arab Another easy -and perhaps the women in a #PositionOfStrength. most significant- way of supporting @kindaibrahim moderating the @TwitterMENA During the course of the one-hour the entrepreneurial ecosystem is by #PositionOfStrength panel at Global Women’s discussion, I was also asked to talk acting in a customer capacity. Think Forum Dubai. Panelists right to left: @Fida, about business leaders and the re- about how much you are helping @ImanBenChaibah, @HebaAlSamt. To see the online action from the forum, visit the sponsibility they have to encourage our homegrown small enterprises hashtag #GWFDubai. entrepreneurship in the region. by spending your money there. My response was that we are all, Want to eat out? Choose a brand without exception, responsible for founded here, as there are lots of sound like you, just choose Careem entrepreneurship in the MENA those in the F&B sector. Looking to taxi around town or Carpool Ara- region. It is not only leaders of en- for a gift? Shop online with any bia for ridesharing options. terprise who should be tasked with one of the hundreds of e-commerce There is always a way to do your the growth and support of what startups, or gift a subscription part for the ecosystem, and suggest- is arguably the most important to the many useful box startup ing that it is not your responsibility Walk Hawkley mandate in this history of the Arab companies. We share some of is flat out wrong. After all, next year trademarks of C & J Clark International Limited registered are Clarks and the logo world- economic diversification and these ventures under the hashtag it could be your startup struggling stability via the proliferation of the #EntMERecommends on both Twit- to demonstrate customer traction, small to medium enterprise space. ter and Instagram. Are you looking and you could be the one asking You and I are just as pivotal as the for a staffing or freelancer solution? yourself why people don’t think Chairman of any influential board Be certain to visit the websites of local first. in terms of making this economic regional companies first, because 190 YEARS OF EXPERTISE vision a reality in the near future. chances are they have what you’re How can you help? Well, no looking for and they’re willing to CRAFTED INTO EVERY PAIR matter your position or sector of bend over backwards to onboard employment, be you a founder of regional clients. a fledgling startup or the CFO of a I always try, as much as possible, regional conglomerate, there are to shop with local businesses. Over ways you can pitch in. Mentoring, the holidays, I managed to get every speaking, or allowing for a job shad- single item on my gift list from a lo- Fida Z.