In this The UK Times interview, a successful entrepreneur Mr. Fahad Al Rajhi discusses his journey across diverse industries like real estate, retail, education, and media. Driven by a passion for innovation and community impact, He has emphasized the importance of diversification. How he manage key leadership roles, including President of Fahad AL Rajhi Group, through strategic delegation and strong teams. His ventures focus on empowering communities and fostering entrepreneurship, investing in businesses with growth potential and social impact. He also integrates entrepreneurial principles into education, promoting leadership and practical skills. Looking ahead, He aims to expand globally, with a focus on emerging technologies and sustainable industries, while continuing to support entrepreneurship in the MENA region.
Exploring Diverse Paths
We started the interview by asking, “Can you share some insights into your journey as an entrepreneur and what inspired you to venture into multiple industries like real estate, retail, education, and media?”
Fahad Al-Rajhi replied, “My entrepreneurial journey has always been driven by a passion for innovation and a desire to create value across different sectors. Each industry offers unique challenges and opportunities, and I’ve always believed in the power of diversification. Real estate, retail, education, and media are sectors that directly impact people’s lives, and I wanted to contribute to their growth. My inspiration comes from seeing how businesses can transform communities and improve quality of life, which fuels my ambition to keep expanding into new areas.”
Strategies for Effective Management
The UK Times: You have held several key leadership positions, including President of Fahad AL Rajhi Group and CEO of Unique Vision. How do you manage your responsibilities across these various roles?
Fahad Al-Rajhi replied, “Managing multiple roles requires a combination of effective time management, strategic delegation, and surrounding me with a competent team. At the core of my approach is setting clear priorities and ensuring that each business has a strong leadership team in place. This allows me to focus on high-level strategy and decision-making while empowering others to handle day-to-day operations. It’s also important to stay adaptable and continuously reassess where my attention is most needed.”
Fostering Growth
The UK Times: Your vision emphasizes empowering communities and fostering entrepreneurship. How do you achieve this through your business ventures?
Fahad Al-Rajhi replied, “Empowering communities and fostering entrepreneurship are central to my mission. Through my ventures, I invest in businesses that have the potential to make a positive impact on society. For example, with Next Generation International School, we are shaping future leaders by providing quality education. In the corporate world, I focus on creating partnerships and joint ventures that bring new opportunities to the MENA region. By supporting startups and nurturing innovative ideas, I aim to build a culture of entrepreneurship that contributes to economic diversification and community development.”
Partnership Opportunities
The UK Times: Fahad AL Rajhi Group is known for its investments in global companies and joint ventures in the MENA region. What do you look for when selecting companies to invest in or partner with?
Fahad Al-Rajhi replied, “When selecting companies to invest in or partner with, I look for businesses that align with our values and vision for the future. I prioritize companies that are innovative, have a strong potential for growth, and can positively impact society. It’s crucial that these companies demonstrate a clear business plan, strong leadership, and a commitment to sustainability. Additionally, I seek out ventures that offer opportunities for collaboration, where our combined strengths can lead to greater success in the MENA region and beyond.”
A Chairman’s Approach
The UK Times: As a Chairman of Next Generation International School and AL Rajhi Education, how do you integrate your entrepreneurial principles into these educational ventures?
Fahad Al-Rajhi replied, “Education is a powerful tool for change, and I integrate entrepreneurial principles by focusing on innovation, leadership, and practical skills. At Next Generation International School, we emphasize not only academic excellence but also the development of critical thinking, problem-solving, and leadership abilities. We aim to inspire students to think creatively and take initiative, which are key entrepreneurial traits. Similarly, AL Rajhi education promotes the idea of lifelong learning and adapting to the evolving global landscape.”
Expert Tips for Aspiring Entrepreneurs
The UK Times: With your experience in project management and business planning, what advice would you give to aspiring entrepreneurs in managing their ventures?
Fahad Al-Rajhi replied, “My advice to aspiring entrepreneurs is to prioritize planning and continuous learning. A solid business plan is essential; it serves as a roadmap for your venture and helps you anticipate challenges. Effective project management ensures that your plans are executed efficiently, on time, and within budget. It’s also important to remain flexible and open to new ideas, as the business environment is constantly changing. Lastly, building a strong network and seeking mentorship can provide invaluable guidance and support.”
Integrating Business Success
The UK Times: How do you balance your entrepreneurial activities with your commitment to philanthropy and community development?
Fahad Al-Rajhi replied, “For me, entrepreneurship and philanthropy go hands in hand. I believe that businesses should not only aim for profit but also contribute to the greater good. Balancing these activities involves integrating philanthropic goals into the core strategy of my ventures. Whether it’s through educational initiatives, supporting local startups, or funding community projects, I ensure that my business activities have a positive social impact. This approach not only benefits the community but also enhances the long-term sustainability of the businesses.”
Global Expansion and Innovation
Lastly we asked, “What are your future goals for Fahad Alrajhi Group, and how do you see the company evolving in the next decade?”
“The future for Fahad Alrajhi Group involves continuing our growth in existing sectors while exploring new opportunities that align with our vision. We aim to expand our investments globally, particularly in emerging technologies and sustainable industries. I also see us playing a bigger role in fostering entrepreneurship across the MENA region, supporting initiatives that drive innovation and economic diversification. Ultimately, my goal is to build a legacy that not only achieves financial success but also leaves a lasting positive impact on society.” Fahad Al-Rajhi Concluded
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