Elias Hankach is a Member of the Lebanese Parliament & the CEO of NokNok, a Lebanese startup that redefined quick commerce in the region by pioneering fast grocery delivery. With a background spanning both business leadership and public service, Elias brings a unique perspective on what it takes to build sustainable ventures in challenging environments. His experience navigating Lebanon’s turbulent business landscape gives him sharp insights into the real barriers and opportunities for entrepreneurs operating in emerging markets.
In this episode, Elias shares his take on the fine line between lobbying and bribing, the power dynamics of money vs influence, and why many investors shy away from Lebanon despite its immense potential. We also explore the critical question of who will ultimately rebuild Lebanon, business leaders or policymakers, and what conditions must be met for Lebanon to position itself as the “Silicon Valley of the Middle East.”
💡 Who should listen to this conversation?
🔑 The difference between lobbying and bribing in business contexts
💰 Why influence often outweighs money in decision-making
🤔 Who really drives change—business leaders or officials?
🚫 Why investors hesitate to put money into Lebanon
🌍 What it would take for Lebanon to become a regional innovation hub
🙌 One piece of advice for young entrepreneurs building in tough markets
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