Bilal Ballout is the Co-founder of BMB Group which has a global portfolio of confectionery and healthy food brands & was acquired by Agthia, a UAE state owned FMCG company. Bilal discusses how he hustled to build the company while using no external capital. Over and over again, he challenged the status quo in a traditional industry & leveraged technology to scale the business rapidly. Bilal's story is one of managing uncertainty and constant resilience.
I heard Bilal say:
The less you have in life, the less you have to lose
When you’re constrained in capital you manage the business to survive
Understanding the legal side of business helps you avoid trouble in the future - they should teach this at school!
Think about what the world will look like in 5 years & work backwards to understand how the "new world" impacts your business
Bet small & be agile to scale the business