Is the UAE a good place to launch an online luxury goods retail concept?

Is the UAE a good place to launch an online luxury goods retail concept?

Question from Job Seeker:

I have 3 years experience in the investment banking industry in the UK and 4 years prior to that in New York with leading financial institutions. I plan to move to the UAE to start an online luxury goods retail concept I already have a business plan for and am very excited about, but this is totally outside of the domain I am used to. Any relevant career advice?

Answer from Bayt HR Guru:

As the region's longest standing jobsite, we are used to seeing professionals shift gears and change job roles, industries and countries to follow their career aspirations. Sometimes these moves are born of necessity (an employer relocates you or there are simply no better opportunities for you at home) and sometimes as seems to be in your case, the move is borne totally of inspiration. Often it’s a combination of the two.

We can only encourage you to follow your dream providing you plan plan plan then execute your best researched, documented and laid out professional plans with pride and precision.

Do you have a team yet? Partners? It is critical to surround yourself with a highly motivated, able and inspired team from the outset if only to start with flying colors as you mean to go on.

At Bayt.com ,we can certainly help you build that core group of expert practitioners around yourself so you hit the ground running and can acclimatize yourself to this region with the aid of seasoned regional professionals.

I must say we don’t usually offer entrepreneurial advice in this HR spot but when it comes to encouraging professionals who have proven themselves in the corporate world to venture into the regional entrepreneurial arena, we are convinced the UAE remains a wonderful place to do business for every size company and that the region in general, particularly Jordan, the UAE, Egypt and Lebanon are seeing a burst of fresh, creative activity in the online space which will only accelerate in the years ahead.

Roba Al-Assi
  • Posted by Roba Al-Assi - ‏06/06/2016
  • Last updated: 06/06/2016
  • Posted by Roba Al-Assi - ‏06/06/2016
  • Last updated: 06/06/2016
Comments
(0)