At just 29 and with a string of start-ups behind him, you might assume Taimoor Khan is satisfied with his career.
But he says he just wants a job.
Mr Khan was born in Pakistan and moved to Dubai when he was six months old. He has lived there ever since except for a five-year period when he studied in Montreal, starting his first business when he was 24.
“When I moved back I worked in contracting for a year,” he says. “I got passed around a bit just so I could learn the ropes in the different departments. We had a maintenance division within that company and I noticed a really cool trend going on – what used to be called maintenance was now being called facilities management. The scope of the activities that companies like that did was being broadened.”
So after spotting the opportunity, he started up Sensaire Facilities Management. A few months later he had another entrepreneurial idea while walking through Dubai International Financial Centre with a friend.
At the time, DIFC had only two eateries, Zuma and Caramel.
“We thought this is a bit too snooty for our liking, so why don’t we do something fun and relaxed. And The Gramercy was born,” says Mr Khan, who is no longer involved in the facilities company, but remains a co-owner of The Gramercy, a sports bar.
Since opening the bar in 2010, he has also set up two manufacturing factories in Qatar and Saudi Arabia on behalf of a firm, started up a catering company with a business partner, opened a supermarket on his own, set up a restaurant with friends, and helped his sister open a beauty salon.
The supermarket, Save & Smile Hypermarket in Deira, is his proudest achievement to date.
“I saw this supermarket for sale and I just took a walk down and talked to the people and I was like, I know what’s wrong with this business and I can fix it, so I studied the supermarket business for a week, went to all types of places, pretended to be all types of people, talked to them and asked them questions,” says Mr Khan.
The branch has now been open for a year and is so successful he has plans for two more in Dubai.
The restaurant, S’wich, a venture with friends, is a modern take on the shawarma, which opened this month in Dubai Marina.
Next, he has his sights on launching up a venture capital firm to help other entrepreneurs.
“If you have come to this country from elsewhere it means you are hungry for professional success and for personal success,” he says.
“There are a lot of people hungry for success in that way but they just need a little boost up, a little bit of help. Not always with money and not always with advice, sometimes they are brilliant with x, y and z but clueless with a, b, c,” he says.
Mr Khan plans to offer companies funding, but also help budding entrepreneurs to plug gaps in their knowledge or abilities. He says it will also be unlike most other venture capital companies.
“Most of the ones I see say ‘hey come pitch your idea… sell us on it and we will fund you and you do the rest’. I’m not such a fan of that. Maybe it’s also because I have to adapt my situation because I haven’t got that much money to give,” he adds, laughing.
Juggling all the initiatives he is involved in requires team-building, structures and organisation of policies and procedures says Mr Khan. You also have to be a bit crazy to take it all on, he adds.
But the serial entrepreneur is not satisfied with just building his business empire.
“This is all leading up to my future career,” he says. “I don’t care about timings and I don’t care about money. I just want a job.”
But he does not want any job. He wants to work in football.
“That’s my ultimate ambition. I am just making my way there. Some of the businesses require my daily input, some don’t, so I might sell some. I might make different management arrangements with some,” says Mr Khan.
“I would need to go through a reeducation process because I would love to study sports science then hopefully find a junior trainee job. Probably at the ripe old age of 40. I would be so happy to do that I would do it for free.”
business@thenational.ae
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'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
Dubai World Cup prize money
Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf – $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000
The bio
Favourite food: Japanese
Favourite car: Lamborghini
Favourite hobby: Football
Favourite quote: If your dreams don’t scare you, they are not big enough
Favourite country: UAE
Dunki
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Jebel Ali Dragons 26 Bahrain 23
Dragons
Tries: Hayes, Richards, Cooper
Cons: Love
Pens: Love 3
Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2
The specs
Engine: 2.0-litre turbo 4-cyl
Transmission: eight-speed auto
Power: 190bhp
Torque: 300Nm
Price: Dh169,900
On sale: now
Kandahar%20
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Batti Gul Meter Chalu
Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Company%20Profile
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MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
MATCH INFO
Uefa Champions League, Group C
Liverpool v Red Star Belgrade
Anfield, Liverpool
Wednesday, 11pm (UAE)
Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press
Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
COMPANY%20PROFILE
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The biog
Family: wife, four children, 11 grandchildren, 16 great-grandchildren
Reads: Newspapers, historical, religious books and biographies
Education: High school in Thatta, a city now in Pakistan
Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India
Happiness: Work on creative ideas, you will also need ideals to make people happy