Lilliam Pollard is originally from Brazil but has been in Dubai for five years — which she says feels like forever. Before that she was travelling the world working on cruise ships and lived in South Africa for two years. She founded E-Walls, a decorative wall sticker company, a little over three years ago. She has a background in marketing, graphic design and hospitality.
How would you describe your financial journey so far?
The road has been tough and has definitely had its speed bumps but slowly I can see the results of my hard work and dedication. It’s been hard to grow [the business] as fast as I want to because I’ve had to put up all the money myself, without investment, so I think that has made it harder. You also don’t realise that there will be so many hidden costs when you start out, which of course makes it all the more difficult but a lot has to be said for persistence and commitment.
Would you call yourself a spender or a saver?
Right now, I’m a spender. We’re in the middle of moving to a new studio so that’s proving to a much bigger spend than I’d hoped but after that and a few other developments the saving will happen.
What is your philosophy towards money?
I tend not to worry too much about it. The great thing about money is that you can always make more and I’m sticking to that ethos. I also try not to put too much pressure on money either; if you do I think it becomes a lot more stressful. And who wants added stress?
Did you make any financial mistakes along the way?
Yes. I think everyone does though. I’m impulsive and a little impatient so when I decided to choose the “easier” and “cheaper” path it backfired. I’ve learnt that the cheaper option is either never actually that easy or has so many extra costs that it ends up as the most expensive. Also, no matter how much research you do into these financial decisions, there will always be extra hoops to jump through or more balls to keep in the air to make it happen. I’m learning to not get too stressed out from these mistakes … I learn from them.
Do you believe in planning for the future?
I think it’s important to plan for the important things and set targets, but things happen that you can’t account or plan for so you have to be flexible enough to make changes along the way. Again, as an impulsive person, changes can happen quickly so I have to make sure that any changes that are made are done for the right reasons and better my company in the long term.
How important is money to you?
Money isn’t the reason I started this business. That decision came from my passion for it. I am a big believer in loving what you do. Having said that, money is important; without it there is not much you can do. I try not to stress about it and instead focus on the business as a whole, not just the money.
What is your idea of financial freedom?
Financial freedom is much more than having money. To me it means being able to grow and develop with my customers and keep them interested and happy with the service I provide. I want world domination, and that isn’t easy. You have to be patient.
What do you enjoy spending money on?
Travel — without a doubt! I don’t get many holidays but I love travelling the world and experiencing new cultures. A little extra pocket money to spend in the Mall wouldn’t go a miss though.
lgutcher@thenational.ae
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
CREW
Director: Rajesh A Krishnan
Starring: Tabu, Kareena Kapoor Khan, Kriti Sanon
Rating: 3.5/5
Du Football Champions
The fourth season of du Football Champions was launched at Gitex on Wednesday alongside the Middle East’s first sports-tech scouting platform.“du Talents”, which enables aspiring footballers to upload their profiles and highlights reels and communicate directly with coaches, is designed to extend the reach of the programme, which has already attracted more than 21,500 players in its first three years.
The Book of Collateral Damage
Sinan Antoon
(Yale University Press)
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
HAJJAN
Director: Abu Bakr Shawky
Starring: Omar Alatawi, Tulin Essam, Ibrahim Al-Hasawi
Rating: 4/5
The specs
Engine: 2.3-litre 4cyl turbo
Power: 299hp at 5,500rpm
Torque: 420Nm at 2,750rpm
Transmission: 10-speed auto
Fuel consumption: 12.4L/100km
On sale: Now
Price: From Dh157,395 (XLS); Dh199,395 (Limited)
Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
Biog
Mr Kandhari is legally authorised to conduct marriages in the gurdwara
He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada
Father of two sons, grandfather of six
Plays golf once a week
Enjoys trying new holiday destinations with his wife and family
Walks for an hour every morning
Completed a Bachelor of Commerce degree in Loyola College, Chennai, India
2019 is a milestone because he completes 50 years in business
A new relationship with the old country
Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates
The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:
ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.
ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.
ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.
ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.
IN WITNESS WHEREOF the undersigned have signed this Treaty.
DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.
Signed
Geoffrey Arthur Sheikh Zayed
The specs
Engine: 6-cylinder, 4.8-litre
Transmission: 5-speed automatic and manual
Power: 280 brake horsepower
Torque: 451Nm
Price: from Dh153,00
On sale: now
COMPANY PROFILE
Name: DarDoc
Based: Abu Dhabi
Founders: Samer Masri, Keswin Suresh
Sector: HealthTech
Total funding: $800,000
Investors: Flat6Labs, angel investors + Incubated by Hub71, Abu Dhabi's Department of Health
Number of employees: 10
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)
More on animal trafficking
Company profile
Company name: Twig Solutions (with trade name Twig)
Started: 2021
Founders: Chafic Idriss, Karam El Dik and Rayan Antonios
Based: UAE
Sector: FinTech
Initial investment: bootstrapped (undisclosed)
Current number of staff: 13
Investment stage: pre-seed — closing the round as we speak
Investors: senior executives from the GCC financial services industry and global family offices
COMPANY PROFILE
Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures
Company profile
Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices