The Fascinating Field of Business and Investment
All his life, Sultan Alhokair has demonstrated a keen interest in financial issues and commercial activity. He enrolled in Northwestern University to study Financial Accounting, Small Business Management and Family Business Management in 2009. Later, in January, 2014, he accepted a position as a Project Manager with Retail Group of America. In this capacity, he offers retail services to several fashion companies and helps advise business managers on issues such as branding and marketing.
His practical day to day experience in the fast-paced world of retail sales helped inspire his interest in investment and capital markets further. Mr. Alhokair as a Project Manager indicates that he constantly seeks new opportunities for effective retail product sales.
Based in Boston, Massachusetts, he also works as a partner in Valia Investments. The firm operates in the exciting field of angel investments. It searches for promising new startup ventures, companies that might benefit from its financial support and business guidance.
Advice For Business Entrepreneurs
As one of the partners in Valia Investments, Mr. Alhokair maintains the responsibility of helping to evaluate business startups as possible candidates for investment. He indicated recently that he pays close attention to two factors in particular: profitability and sustainability.
What advice does Mr. Alhokair offer to new entrepreneurs who hope someday to lead flourishing business concerns? He recently wrote an article detailing five key issues that impact business success in the startup realm:
First, he urges anyone thinking about going into business to think realistically about a venture’s long term prospects and survival. Second, he recommends the preparation of a five year business plan which combines both careful research and a projection of the company’s situation into the near future. “Both are incredibly important for ensuring that you have a clear cut model of a company’s success outlook” he observes. Third, Sultan Alhokair recommends that enthusiastic entrepreneurs take the time to examine their new company’s marketplace, placing especial emphasis upon competition. He believes that every firm does at some point face competition. By becoming better aware of the activity of enterprises already engaged in the marketplace, and new products that may eventually pose competition, a business owner enhances the chances that a startup will succeed. Fourth, he urges entrepreneurs to strive for a unique role in the marketplace. Fifth, the company should express itself in a way that remains difficult to duplicate.