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Meet The Man Behind The Cover Of The July 2021 Issue Of Global Millionaire: Kamran Karim

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Kamran Karim is a progressive and result-driven entrepreneur with 13 years of professional experience in mobile app development, software development, and deployment building strategic alliances, branding, product life cycle completion, digital marketing, and internet promotions. He’s an inspirational individual who has been a crucial part of brand development and click monetization projects of several Fortune 500 companies.

He has founded several companies such as Tech Whizards – a global company that provides innovative digital solutions for businesses. He was also the founder of Yacht Rental DXB – a luxury yacht rental company applying Uber’s digital business model for clients to rent yachts and spend time with their friends and their loved ones. On top of that, he is also the founder of Binary Geeks – a software house that provides innovative products for the global market.

Kamran has several exciting upcoming projects under his belt such as a YouTube channel named “She Inspires,” where they will be interviewing women who have gone through struggles and overcame all the obstacles life put them through. He’s also planning to launch another YouTube channel called DefiGeeks which is catered to the Pakistan market where they are planning to post weekly episodes about cryptocurrency and the hype surrounding it. Lastly, he’s also in the process of launching a private jet rental company called Jetify in UAE, where users will be able to follow the Uber business model and rent private jets, similar to their Yacht initiative.

Global Millionaire magazine recently caught up with Kamran to discuss his journey to entrepreneurship and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started in business?

I actually had a humble start in my journey; I belong to a traditional middle-class family but I received good education though because my father was determined to give me a better future. I started working with startups at an early age but it wasn’t until I reached Dubai that I realized that the better future that my father had hoped I would have could be obtained by having my own business rather than by working in a 9 to 5 job.

When did your entrepreneurial flair first reveal itself?

The nascent seeds of entrepreneurship must have always been there for me because honestly, I hated those conventional jobs that I had. I did not think I had the ability to conform, and that problem led me to develop my own thing.

How did your life look like before being an entrepreneur?

Life before being an entrepreneur was “traditional”, “conventional” and in short “unchallenging”. It was simply something every other person could do and was doing, I was cut out for going with the crowd sort of thing.

As an entrepreneur, what is it that motivates and drives you?

Not knowing what is coming next, the challenges that every day throws at me, and also my passion for tech, is a major driving force.

In one word, describe your life as an entrepreneur and explain why.

“Majestic” – yes I will use the word majestic because I am the king of my own world, I make my decisions and I rule over myself (along with own my team).

What were your top three motivations for starting your business?

Well hmm.. let’s see, having your own business enables a person to implement what they always thought should be done, that is a great deal of independence one deals with. The biggest motivation is obviously that you can’t let your business fail, it is like your baby and you never want to fail your child. The third motivator is that having my own business enables me to actualize my vision.

What do you put your success down to?

Persistence, the only word I can use to define the reason for my success. You need to be persistent.

What would you say are the key elements for starting and running a successful business?

Know what you are doing, have a vision, stick to the vision, be persistent, and don’t give up, all big businesses were small once upon a time.

What are the three biggest challenges you have faced growing the business and how did you overcome them?

Finding good employees is a major problem when the business is in its initial stages, I was lucky to have my brother as my support in this regard.

Does the loneliness of the entrepreneur really exist?

Yes and no, if people around you understand and appreciate your vision, then you won’t be lonely but often that is not the case.

As you grew the business, what have been some of the most important leadership lessons you have learned?

Taking the hard decisions like firing someone or shelving an idea; these are the minuscule things that lead you to develop leadership skills. The most important thing I learned was that sometimes, you just can not be soft-hearted, people will take advantage of you and that is not good for your business.

What do you hope to see happen in the near future for small businesses all over the world?

I think the pandemic has made it clear that there is a great future for small businesses around the world, especially in the tech industry.