by Hina Navin gulfnews.com — Rabih Bou Rached, a UAE-based Lebanese expat in his 40s, saw himself as an entrepreneur for as long as he can remember. But before setting off on a decades-long entrepreneurial journey, he recalls waiting on tables in his teenage years. But even though it was a low-paying job as a restaurant attendant, it gave him an influx of money because of how well he was tipped. After working in the Food and Beverage (F&B) industry, Bou Rached went on to set up a restaurant by age 21, equipped with the financial lessons he learnt.
“In my teens, I didn’t know how to save or invest my money and spent most of what I made on unnecessary expenses. Over time, I learned how to save and, more importantly, evaluate and decide what expenses were necessary,” said Bou Rached, who now runs a commercial drone service provider. His chance encounter with drones in 2013 became a light bulb moment for him when he realised the potential impact this technology could have in different industries. Since then, it has been his resolve to launch a drone-operated commercial service company in the UAE.
Gaining business experience before entrepreneurship