UAE-based serial entrepreneur Jigar Sagar talks about the challenges that businesses face in bridging the gap between ambition and execution. The country is looking to position itself as a global business hub, and many startups and established enterprises are struggling with the gap between vision and practical implementation.
Sagar says that even though the UAE is an excellent ecosystem for innovation and growth, businesses often encounter hurdles such as regulatory complexities, funding constraints, and operational inefficiencies. Strategic planning, digital transformation, and mentorship would be key in overcoming these issues, he feels.
Drawing from his long experience, Sagar promotes an organized system that focuses more on sustainable scaling as opposed to quick expansion. The entrepreneur should thus be agile and data-informed in terms of decision making when dealing with fluctuating markets.
With a very strong focus on execution, the insights provided by Sagar would be a guide for businesses in the UAE, which have the aspirations of being converted into concrete success. This approach would, therefore, complement the larger goals of the UAE’s economy: a resilient and competitive business landscape.
