PROFESSIONAL-MIGRATION

 

PROFESSIONAL MIGRATION FOR DUMMIES

Everyone desires, money, success, prosperity, wealth and most of all financial stability.  People only seek alternative revenue incomes outside their own comfort-zones when situations become unfavorable for them to earn a stable income in their own home countries.

The many global factors and changes in business dynamics including the ever-increasing cost of goods sold and unstable returns on existing business have made the job markets very unstable and volatile. 

In the past year alone, (2022) there has been a huge cross border migration by many entrepreneurs, technocrats, & professionals seeking better income from foreign market potentials.

If you desire to have the same then you are not alone.  This guide will help you in establishing your own company set-up in a foreign country.  Clearly mapped out in this post are the do’s and what you should be aware of before you decide to venture forth.  If you need any further clarity then you can visit my own consulting website that further defines many factors that you will seek clarity for. – www.ghulamalis.com

The Benefits

If you establish your own company outside your home country then you automatically gain an international status.

Professionally, you do get the financial respect that you should deserve because most foreign economies value time over money so all you need to do is work smart vs. work hard.

Your income potential is more stable and appreciated with direct payments in foreign exchange that do not affect your existing tax status in your own home country. 

You further have the ability to reside and work in a more stable economy and environment that will support you in more ways than economically.

Warning!

The grass always looks greener on the other side.  Do not go for a quick fix option!  Quick money, can cost you a lot and quick income goes quickly.  When considering another country to establish your business always make sure you look at what the negatives are and when and where you will get stuck. 

Many countries present illusions of wealth through illusions and dreams stating that the investment you will make will better your life.  In reality there is always some catch (where they  have the upper hand) and you as a foreigner are weaker when it comes to any form of disagreement. 

If you are having a hard time in your own country you need to understand that global economies have changed and so have earning potentials.  Every country is a sovereign nation that is meant to serve its own citizens alone.  

People seek alternative nationalities not realizing that nothing comes for free and there is a cost involved in some way somehow.

This latest marketing gimmick used by many countries of selling passports and citizenships may promise you immense fortune but you should always ask your self “why would a nation sell it’s own citizenship if it is doing so well economically and has financial stability?” 

Before deciding on a country to venture into to set-up your own company, or even a job, always look at the emotional, and mental cost as well not just the financial costs involved.

Before you decide the country

Constitutions & the laws that define what you can and cannot do of a country are always formed upon common sense and the local culture and not emotions or desires of the wealthy.  

Laws are created to protect the country’s own citizens and not the world.  The country ensures that its legal system will also support its culture.  For example, if you work in the GCC region or a country that follows Islamic ideologies then know this that you will have to deal with a dual legal system that will involve the Islamic Shariah law as well.

This can be quite confusing for many people when they need legal help or have any problems.  GCC economies like the UAE that promise you a better life or future, in reality make your rent a life of insecurity where the locals always hold the power to decide your future depending upon their mood or emotions at the time.

Before you decide the country you want to relocate your business or job life to always ensure that you clearly understand the civil and the penal code of the country.  If it has a Shariah law attached then please also ensure you find an accurate translation and spend money on a lawyer that can and will explain everything to you clearly.

What you should NOT do! 

When you decide on a country, do NOT go for the cheap quick option like a local partner.  The seven deadly sins always hurt us and since people have emotions, when it comes to business greed, and vanity always hurt earning potentials for all. 

You might be required to pay a fee as these locals don’t really work and have a lot of companies they sponsor to get their own earnings from and only value money and have no regard for humans in reality. 

As longa s you keep up your payments to work, you are fine.  If you go broke, they simply jail and then humiliate you by deporting you.

If you start making a lot of money, your local that you pay money to, will automatically show up at your door to get his or her own bigger share from the work you will do! 

So, pay more & secure your own future as an independent entity and do not go with a local partner.

Avoid economies where corruption is normal.  Once you give a bribe, you always have to pay because greed has no end to it.  There is corruption in every economy and country whether you like it or not.  You just need to know which country will suit you best and be the lesser of all evils presented to you.  

The Reality!

If you desire a place in heaven upon death, then you yourself have to actually die for it! 

Nothing in life is easy, but you can learn from the experience (mistakes) of others and ensure you know what NOT to do and what you should expect. 

There is no place like home, but when in Rome, do as the Romans do and leave your old habits of the culture you come from back home and do not carry them with you. 

One should always retain the base values they were brought up with that are positive, however understand that no matter what your destiny (future) has been written by God, only you decide your own fate, through the decisions you will make. 

Good luck and I wish you well!  If you would like any further, help or advice, do see my website – www.ghulamalis.com 

If you would like to chat and directly understand the good, the bad and costs involved or need more clarity, then talk is free so e-mail me and let’s set up a time to help you out! 

Hit me up and let’s be professional friends! – (Do check out my LinkedIn profile.!  Please see my endorsements & professional recommendations)  

I really hope we can do something wonderful together to appreciate each other’s professional lives! - https://www.linkedin.com/in/amynaghulamali/

Please share this Blog post with your network!

For a direct consultation please contact me via e-mail - amyn@ghulamalis.com

CASH-FLOW-DRIVERS

Your 3 Main Cash Flow Drivers

What Are The 3 Main Cash Flow Drivers?  Do You Even Understand Where Your Operating Cash Flow is generated from:

☑️ Revenue Growth  ☑️ Operating Profits ☑️ Working capital efficiency

How does it work? - The formula for Operating Cash Flow (CFO or OCF) is as follows:

Revenue =’s (-COGS, -Operating Expenses,) (+Depreciation and Amortization, +Other non-cash items (e.g. gains/losses on assets sales) +/ Changes in Working Capital)

Here’s how each of these components impact your ability to grow your Operating Cash Flow:

0️⃣ Depreciation, Amortization and other non-cash items do not impact cash because no cash actually changes hands in those transactions.

1️⃣ Revenue growth refers to the increase in your company's sales over time.

A higher rate of revenue growth generally leads to more cash flow, as more money is flowing into the business.

🎯 What drives revenue growth:

☑️ Sales volume: the number of units sold to new and existing customers

☑️ Pricing strategy: price increases for new and existing clients

2️⃣ Operating Margin refers to the operating income divided by revenue.

A higher operating margin means that a larger proportion of revenue is being converted into profit, which can further be used to generate cash flow.

🎯 What drives operating margin growth:

☑️ Reduction of COGS relative to revenue: better contractual agreements with suppliers, automation

☑️ Reduction of Selling, General and Administrative costs relative to revenue: marketing, payroll, overhead, shipping costs

3️⃣ Capital Efficiency refers to how effectively a company uses its assets and liabilities to generate cash flow.

If your company is capital efficient it means it is able to generate a higher return on its shareholders’ investment and has better access to funding, which can help it generate more cash flow.

🎯 What drives capital efficiency?

☑️ Efficient use of long term capital assets (PPE): your company’s ability to generate profit from the operation of its assets (ROE)

☑️ Efficient use of short term working capital assets: your company’s ability to optimize its cash conversion cycle (Days Inventory Outstanding, Days Sales Outstanding, Days Payable Outstanding)

Now you have them, 3 levers you have available to improve cash in your business:

01. >> Revenue        02. >>Operating Margin        03. >>Capital Efficiency

Hit me up and let’s be professional friends! – (Do check out my LinkedIn profile.!  Please see my endorsements & professional recommendations)  

I really hope we can do something wonderful together to appreciate each other’s professional lives! - https://www.linkedin.com/in/amynaghulamali/

Please share this Blog post with your network!

For a direct consultation please contact me via e-mail - amyn@ghulamalis.com

THE-CHOICES-WE-MAKE

The Choices ‘We’ make…

Approximately 231.4 million souls are outraged and exhausted by the perpetual blame game along with silly excuses that have enveloped a society since the past few decades.  How did such a moral breakdown of society occur and in the reality of the here and the now who is actually to blame?

 

Truth be told, we are a society corrupted by a little over two hundred years of enslavement, eventually fought for their rights to have free speech, thought and the ability to move ahead.  Their desire, to progressively add more value to this world due to the ideology that it desired to independently follow. 

Over 76 years ago a line was carved in the ground to define a safe haven of the pure and for the pure.  Never, did the forefathers that were the architects of this divide, even imagine in their worst nightmares, that a few decades down the line, the peoples within this new found haven’s borders would neither remain as ‘man’ nor be ‘kind’ to its own.

A culture that was predominantly formed on basic Islamic values is today presented to the world through its own actions as a hopeless state of despair.  Externally, the way the world sees things, the present situation at hand is managed by those who could even teach Lucifer himself, a few new values about how not to be so pious, yet present themselves as the guardian angels of sin. 

The motherland of purity has had many chances to define its own fate, yet they are delusional and believe that only blind faith in the words of the unwise will define what they so eloquently state to be a beautiful destiny.  

The bitter hard to swallow pill of the reality presented to everyone is that all the different societies within are equally to blame.  History has depicted that, redemption has been presented to the peoples, at each and every step along the way till date.  When the choice to move forward have been presented from the heavens above in democratic or even economic forms, the same society has stubbornly made the same choices each time.  Yet expected a different result! 

In entirety to the world, this form of behavior depicts a strange form of self-destructive insanity.  A friend in need is a friend indeed as the famous saying goes.  However, common sense makes anyone realize, that a friend in ‘perpetual’ need eventually is a pain in the rear.  But the peoples do not realize that and are only too busy polishing their begging bowls of despair. 

From the snowy Himalayan peaks to the enriched tropical waters of the Arabian Sea this land is not rich but wealthy with its own stockpile of natural resources & assets that present an opposite surreal situation.  If democracy was truly followed then this Army that has a nation would never need to rely upon external aid or help indefinitely. 

The GDP today is one to question.  Society’s values!  Well, that is still a delusion presented to the external factors at play.  The next generation that should lead the way is blatantly presented to be filled with drug abuse, underage abortions behind the sad veil of ignorance.  A systematic breakdown of everyone’s values and a distortion of the national moral compass is quite obvious, but something the peoples choose to blindly ignore.

Upon birth and an exit from the womb one begins a journey towards the grave. Such is the truth of life as no one has an indefinite longevity.  The way the world looks at it is that, being Muslim predominantly, 234+ million people all desire paradise when returned to the earth, sadly they desire that someone else die to secure their eternal resting place in heaven.

Suicide is a sin, according to most religions followed around the globe, yet everyone seems to be strapping jackets endowed with self-destruction.  Their actions, prove that when presented with a choice, they succumb to a quick-fix, and seem to be addicted to playing victims eternally, and unable to make wise choices.

Will there ever be a positive outcome for those that constantly tear down others to display their own prowess.  Seeking societal approval seems to be the norm these days, where one presents an illusion of immense wealth.  However, as the world has understood it by now, hypocrisy, and double standards along with the philosophy that one can buy anything even a social status as long as the ticket price is somewhat affordable.

If one has to go to heaven in any form, then one must understand that they are addicted to a delusion where pride, greed, lust, envy, gluttony, wrath, and sloth fuel their agendas.  If only we could avoid practicing these seven deadly sins and seek an emotional rehabilitation within our culture, maybe then we could bounce back up! 

Pain, rage, agony and suffering, as well as happiness, laughter, joy and even good health do not hold on to people.  Rather, people hold on to these emotions.  Everything is a choice! As I close, when born every person or creature has a beautiful destiny mapped out for them.  However it is the decisions we make with our own choices that depict how fate will pay its self out! 

Nobody is to blame, only ourselves! 

Jazak Allah Khair! 

Hit me up and let’s be professional friends! – (Do check out my LinkedIn Profile. Please see my endorsements & professional recommendations)  

I really hope we can do something wonderful together to appreciate each other’s professional lives! - https://www.linkedin.com/in/amynaghulamali/

Please share this Blog post with your network!

For a direct consultation please contact me via e-mail - amyn@ghulamalis.com

LOST-FAITH

 

LOST FAITH!

(Why I simply detest working with people from the Sub-Continent?)

People have often labelled me as a racist towards my own kind!  I find that very amusing because I am the complete opposite!  I love the culture that I was raised with & my religion ‘Islam’ is one of peace, harmony, understanding and last but not least ‘Love” for all of God or Allah (SWT)’s creations!

It is a fact that I run in the opposite direction when approached to represent a client in the Sub-Continent / MENA region!  I avoid engaging in any form of dialog with my own kind, be it business or of a personal nature!  I find that working and living without my own Desi’s in this world is something that is less painful and I can quite happily survive ‘without’ their interjections into my life!

Here are my reasons why I absolutely do NOT work with these people because I have over the past 31 years as a salesman only had ‘regret & suffering’!

TIME MANAGEMENT – There is a ‘regular’ time and then you have what is known as ‘Desi’ time where it is customary to show up fashionably late!  Such are the norms where people simply refuse to manage their own time commitments yet expect everyone else to honor theirs.

EMOTIONS – Almost all decisions are from the hip or ‘emotional’ – if in a good mood, you’re in luck or expect to be blamed, shamed and humiliated for others mistakes and follies due to their own wrong doing! – In business there should be NO emotions, yet every facet, even the hiring and firing within a company is extremely emotional where I have seen good workforce terminated on silly whims with NO exit interviews and without any proper justifications!

HYPOCRISY – It is simply disgusting that people tell me they are short of funds, payments have not come in and at the same time post selfies on social-media in expensive, exotic destinations and fancy clothes or their latest material procurements such as exotic non-duty paid vehicles and mansions etc.

I KNOW A GUY – Unlike most of the world, where if you need something done you simply look it up on the internet and call the best and most economical solution provider.  In this region ‘everyone’ has a plumber, electrician, mobile vendor or some cop in their pocket they pay money to do their nonsense.  Business is given and bestowed upon someone that is ‘trustworthy’… until they are NOT! (which happens all the time) - Whatever happened to merit?

CORPORATE FUEDALISM – Since most of this region is all about identification with might, your clients will refuse to pay you on time and will most probably start haggling and re-negotiating what they owe you because, they want you to bow down and literally beg for your honest hard-earned dues.  Getting paid in this region is ridiculous because people make it so painful to fulfill their contractual obligations because mainly due to ego issues!

THE PERPETUAL HUSTLE – In these regions, very seldom will you find a ‘master of one’ because everyone is a skilled ‘jack of all trades’.  They may embellish a fancy medical degree on their business cards but their business will be anything and everything under the sun from selling linen and crockery to even promoting a competitor due to a silent side hustle they have going on. – It is mentally exhausting to try and figure out where you stand professionally with such people!

THE BLAME GAME – Everyone wants to go to heaven, yet they want others to die for their slice of the paradise pie.  People refuse to take ownership of their silly decisions and always blame someone, starting with the person that needs to be financially compensated.

PRIDE OR ARROGANCE – In this part of the business world, many so called professionals thrive on hedonistic, narcissistic, obnoxious values they call pride but is always displayed as arrogance.  Everyone in some sort of delusional power, thriving on bribes and whatnot expect that when they commit to pay you (not paid you yet) or if they have given you meagre pennies on the dollar – they own you!  They pay you to advise them and work for their benefit BUT will hold you responsible for their own decisions and actions that make no sense at all! – Hey! They will or are paying you  for your advice or services but will give you the advice under an illusion that they own your soul!

RELATIVE THEORY – If you take the middle-east and the subcontinent as a whole, then I think I have over a few Billion relatives in the form of convenient cousins, aunts or uncles.  Everyone is your distant relative when needing something from you.  OR if you are a competitor or just in the business world minding your own business, then people will most definitely identify themselves with someone notorious, politically inclined or extremely powerful someone as a very close relative to display their own supposed Demi-God status when you ask for your salary or paycheck.

FREE DISCOUNTS – Most of these delusional people do NOT have a grip on reality, that it costs money to operate a business and always whine and cry that they do not have any money to ‘invest’ yet want the heavens to rain down good fortune at others expenses.  They do NOT value any form of normal pricing and can even be seen at fixed price stores using every emotional trick to get some form of a discount!  - By the ay almost all of these free-loaders will mistake your kindness for weakness and emotionally try to manipulate you because… they themselves are miserable and stuck in a rat trap of dishonesty to themselves.

DEFAULTING CREDIT – It is ridiculous how these people have lived by a culture where they feel it is perfectly all right to keep making promises and refusing to clear their dues on time.  A typical 30 day period contractually stated to pay in the corporate world always turns into a haggling situation that ends up and stretches to 11 months based upon senseless dialog that only has one intent – ‘to renegotiate or Not pay you your dues… on time!’

SHORTCUT TO HEAVEN – It is so weird how people have this culture instilled within them to bribe and pay to get ahead.  Nothing happens on merit!  They keep illegal workforce, steal pennies from the exchequer BUT pay millions in the form of bribes for protection.  Sadly, once in such a tumble they are trapped within a false illusion that such parasites will ever let them go.  Such a professional heaven is surely a delusional mentality!  If people believed that going by the book and sticking to the law would help them – then, maybe the present would be different for them, what it is now!

EXCUSES AND GRAVEYARDS – When it comes to paying someone OR if you are working for someone, then you know how to lie so well that you believe it! – I have worked with people and for people who have told me everything from their aunt is pregnant to someone is in the hospital and oh yes! Even the white Caucasian brand name owners they work for question – ‘How many grandparents / aunts / parents / siblings or children will – be buried, have a baby, or a terrible accident or something despicable happen to them – only this month alone!’  - Mostly the only resolve for these employees is time off with advance payment from the company or employer - It’s hilarious and actually now painfully funny how people from these regions give you the weirdest emotional excuses or reasons to get their way that simply shuts the other person up!

TAKEN FOR GRANTED – This one really gets to me!  People mistake kindness and gratitude as a sign of weakness, they take friendship as a form of emotional weapon they can wield to manipulate another person for any senseless reason and they feel due to their own issues – they deserve better – even though they have immense distrust over any and every one they want everyone to state their piety and trust them?  They will expect you to pay full price for everything yet will do the opposite when it is their turn.

BROKE BUT RICH AND REALLY NOT WEALTHY – Everyone displays extreme wealth in the form of expensive vehicles, armed escorts and fancy clothing.  In reality – the fancy vehicles are leased, the armed escorts, drivers and staff have not been paid for months and the me-too tailor is chasing after his money for the good knock off supposed brand name suit they are wearing. Oh yes!  That sexy 8 cylinder vehicle runs on LPG or some low grade fuel because they simply refuse to pay the cost of premium petrol or cannot afford to!

You do NOT have to concur with my thoughts!  These are my own experiences over 31 years as a professional salesman, I have heard it all!  I have seen it all, and that is why I chose to walk away from working with such a ridiculous professional culture.

I work to be paid on time and I expect that because I am professional in my dealings and demeanor, I will receive the same respect professional and financially.  Sadly this has never happened and each and every time I have tried to help someone from this culture – it has been an extremely unpleasant outcome for me in many ways due to no fault of mine because if you use common sense - 'it takes two hands to clap'!

The courts only run-on facts and NOT emotions! – Sadly, this culture does NOT realize that if they simply worked on logic, most of the courts would shut down and lawyers would have to find new vocations!

Should you desire to have a chat with me – I would be happy to do so!  Please hit me up at any time – (my contact information is given below) – I would love to learn more about you and what you do!

Hoping to hear from you soon & let’s be professional friends – (Do check out my linked in Profile & see my endorsements & professional recommendations)  I really hope we can do something wonderful together to appreciate each other’s professional lives! - https://www.linkedin.com/in/amynaghulamali/

If you found any value in my blog – Please share it with your network!

If you would like advice or a direct FREE consultation please contact me here via e-mail - amyn@ghulamalis.com

SELLING-HOSPITALITY

SELLING-HOSPITALITY

(& surviving the HoReCa industry)

After 31 years of rejection, as a career salesman that has sold any and everything in any and every business vertical and industry, I can confidently say that the Hospitality Industry is an extremely volatile segment to play in!

Why?  Because your clients are NEVER loyal to you as technology has made them impulse buy solutions that may seem cheaper on a mobile phone or a digital screen immediately BUT, are restrictive nightmares when one actually goes into the fine print. (that 100% of impulse buyers do NOT read) 

The Hospitality Industry even pre-covid has always had a defensive-aggressive approach where they spend an immense amount in ridiculous marketing budgets to create repeat customers and get them to embrace their Brand loyalty schemes. (like membership value / discount cards) 

Hoping to get a piece of the pie gigantic players from the financial segment also jumped in many years ago to try to support the Hospitality or HoReCa (Hotels, Restaurants & Café’s) industry.  This has been a great help but at what cost because everything adds to the cost of goods sold that are in the end passed down to the consumer! 

Having launched, introduced, created a demand and sold a HoReCa FMCG products for a major ISO pharmaceutical company, a bitter reality struck me that despite all our gimmicks and tricks of the trade the only way possible to ensure a solid sales pipeline is purely dependent on the entire industry working seamlessly together!  

However, that does seem possible but NOT on such a macro level!  The main reason in my research I found out was an extremely fluid, erratic and treacherous army of worker ants in this hospitality colony! The frontline staff or your waiters, bar tenders, bus boys, concierge staff in fact everyone involved have gone into a survival mode and rather than focus on upselling / creating client repeat loyalty to the brand they work for, are only focused on the “tip” or basically the financial element.

For a quicker and maybe a few pennies more the front-line staff make a dash for the next best option and rather than appreciating their careers vertically they move laterally and basically jump from the frying pan into the fire professionally because the grass always looks greener on the other side! 

As a business consultant that looks at everything from a sales perspective! Oh wait, I do not believe in marketing concepts as they do not guarantee any yield on the employers returns on their exiting investment to help them somehow curtail their cost of goods sold! 

My sales approach, I find is better because first I bring in the cash-flow and then I request the board of directors or any organization to only limit their ad-spend to maintaining a humble brand presence!  To me, with the way the world economy is evolving I find that advertising which was a necessity in the 1990’s and prior to the digital revolution is no longer worth it! 

 Everyone or every brand is struggling to be noticed and Billions are spent globally try to do just that however, they seem oblivious to the fact that everyone is doing the same and there is so much electronic noise out there in cyberspace that any amount of budget becomes rapidly ineffective to gain a steady yield from the consumer market.

My solution is simple! One should go back to the core ethos of the industry, then their own brand, run a complete SWOT analysis on their entire infrastructure and tie numbers down to any solutions that one may present! 

After that rather than implementing those solutions and begging the stakeholders for more funds to create funds (maybe) a sales approach needs to be identified.  Now here is where it becomes fun and odd enough simple! 

I strongly advise my clients to disregard fancy marketing plans written by some college kids or graduates with virtually no street experience and street smarts and can only quote some archaic theories that Kotler’s or some other academic literature has fused into their way of thinking! 

My approach is to take that entire marketing funds demand and hand it over to the HR department.  I always request my customers and clients to reinvest back into their HR department strengthen it and empower it to appreciate the existing workforce.  If your workforce is content (not happy) they will be the most loyal frontline soldiers that will do more than your bidding, and their redirected and invigorated focus to work as a team will be crucial and maximize your sales.

The day the HoReCa industry realizes that “people are sick and tired of all the gimmicks and crave for that personal touch” only then will they be able to understand that ‘people run businesses and industries and NOT big ad spends and unwarranted text book concepts!’

Should you desire to have a chat with me – I would be happy to discuss options with you so hit me up at any time – (my contact information is given below) – I would love to learn more about you and what you do!

Hoping to hear from you soon & let’s be professional friends – (Do check out my linked in Profile & see my endorsements & professional recommendations)  I really hope we can do something wonderful together to appreciate each other’s professional lives! - https://www.linkedin.com/in/amynaghulamali/

If you found any value in my blog – Please share it with your network!

If you would like advice or a direct FREE consultation please contact me here via e-mail - amyn@ghulamalis.com or on WhatsApp - +66 9444 20133