Posted by: dubaibizniz | February 21, 2008

Time to start packing..

Okay, so I’ve had it. It’s been a good 2 year run. I have built a company from scratch. A profitable enterprise at that. I have had a lot of help along the way and I have learned a great deal in the past two years. I need to get out now.

No, there’s nothing wrong with the business. It’s going great. Our sales are on a constant growth mode and I am happy to see the profit margins continue to increase. I just came to dislike living in Dubai.

No, it’s not the runaway inflation, or the extortion by the RTA (read: Salik) or DEWA or even the landlords. No sir. This, I consider to be part of living in a booming economy. Inflation will come, whether you like it or not.

So if you are interested in buying a services-based company, let me know. I will very soon put up the for sale sign for all to see. I’m getting the hell out of this place. I have given Dubai more than it deserves. If I could leave tonight I would, but I obviously have obligations that are keeping me here for the time being.

This is not a business environment for an entrepreneur.

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Responses

  1. Your blog is very interesting. I have been in Dubai for 8 years and now thinking of starting my own business.

    Could you explain more why Dubai is not a place for entrepreneurs?

    what are the good options (cities)?

  2. hmmmm ….sorry to hear DE.

    Besides the Salik saga and all, may I ask why – what pushed you over the edge?

    Wastafarians and monopolists?


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