Ever since I can remember, my parents have rewarded me for getting good grades at school.
This, of course, motivated me to work hard at school and college; I have a degree in theology from the University of Oxford, a postgraduate certificate in education and an MBA.
What's more, I'm also a qualified sports coach, specialising in football and netball, which is good for teaching physical education.
My years of studying have paid off as, nowadays, I run and manage Power Tutoring, an after-school private tuition centre at Dubai Knowledge Village. In the three years since I opened the business, I've seen student numbers grow from zero to around 100.
In a country as cosmopolitan as the UAE, you're bound to have children from a variety of academic backgrounds, not all of whom speak English as a first language.
Regardless of their ability, all children can benefit from extra tuition, either to help them with their school work or to extend their learning and push up their grades.
Ever since I can remember I've always wanted to work for myself. I earned my first crust at the age of 12 as a paper delivery boy in my hometown of Brighton [in the UK], earning £1 a week (about Dh19 today).
My father, a retired manager for British Telecom, encouraged me to put aside some of my earnings and opened a bank account for me.
I did just that. A year later, my parents matched my tiny sum of money, bringing the total to £100.
In 1987, at the age of 16, I landed my first job during the school holidays processing insurance claims following a freak hurricane in southern England that destroyed countless buildings and large swathes of forestland. I only earned £80 a week, but even that meagre sum was taxed by the government. I thought that was really mean. I clearly enjoyed the thrill of making money. At 18, I decided to enter the corporate world, taking a trainee position with Barclays Bank. But the job lasted only seven weeks - I felt there was more to life than processing other people's cheques.
This train of thought led me to working voluntarily for six months at a Christian book shop in central London. Christian Literacy Crusade, a registered charity, covered my food, accommodation and travel expenses, so it was during this period that I learnt how to live an almost cash-free existence. I neither spent money nor went out much because I didn't have the money, so it was a deep learning curve.
In 1989, I was accepted to the University of Oxford. I spent the next five years of my life here: three reading theology, one completing a postgraduate certificate in education and another as a student union president, a position that came with a £120-a-week allowance and free accommodation.
It was during my academic years that my experience of living frugally paid off. I lived simply and almost entirely on my government-assisted student grant and help from my parents. During summers, I worked as a guide for foreign students. Not only was it a great CV builder, but I got to visit places like Madame Tussauds and the Tower of London for free.
I emerged from student life with no debts and no collateral, just plenty of fond memories and a clutch of internationally recognised qualifications. I spent the next three years working as a live-in tutor at a private school in Suffolk.
Although I was only earning around £15,000 per annum, my living expenses were paid for me. This meant I was able to save up enough money to return to full-time education and complete an MBA at the University of Nottingham Business School. My parents matched my own savings once again, bringing my tuition fund to £20,000.
After graduating, I took a break from education by immersing myself in the high-pressured world of telemarketing, where I sold seats for business conferences. My basic salary was only £600 a month, but I also received a commission if I sold a certain number of seats.
The job was extremely stressful and you either sunk or swam. I was living on my wits. My basic salary barely covered my rent, but I managed to bring home a reasonable wage.
It was only a matter of time before I longed to return to education, so I took a teaching position at a private school in Worcester, England.
It was at this time that I heard about GEMS setting up another version of Sheffield Private School in Dubai. So I decided to take my chances on life overseas. I got the job and moved to Dubai in 2004 to begin my new role.
While living and teaching in Dubai I quickly became aware of a growing demand for private tuition. In 2006, I quit my job to begin tutoring children in their own homes.
This inspired me to build a business model around private tutoring. By opening a centre in a free zone, I was able to bring the students to one place. As I have no dependants, I used my own savings and money from my parents to set up shop.
The cost of getting started included buying a company trade license at the free zone, which cost Dh120,000. Furnishing and offices came to another Dh110,000.
In the early days, I learnt how to market my business through trial and error - and now I firmly believe that the best way to promote your company is through word of mouth. This realisation came only after I spent a small fortune on advertising in magazines that didn't really bring any returns. I recall spending around Dh100,000, but this brought little back in the way of business.
Nowadays, the business is growing through repeat customers and recommendations.
In 2008, I made enough profit to invest Dh300,000 on refitting the tutoring centre. So I bought three interactive white boards, imported furniture designed for children from Germany and installed new lighting, carpeting and computer stations.
I also invested in a lime-green interior and a striking new logo. It's important that children feel they are away from school if they are extending their learning experience.
Running Power Tutoring (www.powertutoring.com) has afforded me with the chance to combine my business acumen with my teaching background.
As we're on an even keel, I'm keen to keep the centre a boutique business that specialises in improving the numeracy and literacy skills of students.
For one-to-one tuition, students pay Dh9,995 for the academic year, consisting of 35, 50-minute, lessons. A fee for learning in a small group is Dh7,875.
Owing to the economic climate, I've kept my prices the same for three years and have a number of full-time staff and part-time tutors.
My plans for the future are to begin mentoring children, as well as to provide a bespoke solution for high-net-worth families wanting their children to be tutored at home.
As for the lessons that I myself have learnt, they are: don't over extend yourself in the early years and keep the business model clear and simple. In that way you learn along the way - just like tutoring.
* As told to Lizzy Millar
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
Company profile
Name: Tabby
Founded: August 2019; platform went live in February 2020
Founder/CEO: Hosam Arab, co-founder: Daniil Barkalov
Based: Dubai, UAE
Sector: Payments
Size: 40-50 employees
Stage: Series A
Investors: Arbor Ventures, Mubadala Capital, Wamda Capital, STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator.
COMPANY PROFILE
Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)
Mohammed bin Zayed Majlis
Results
2.15pm: Maiden (PA) Dh40,000 1,200m
Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).
2.45pm: Maiden (PA) Dh40,000 1,200m
Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.
3.15pm: Handicap (PA) Dh40,000 2,000m
Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.
3.45pm: Handicap (PA) Dh40,000 1,000m
Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.
4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.
Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.
54.45pm: Handicap (PA) Dh40,000 1,700m
Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.
The five pillars of Islam
Company profile
Company name: Shipsy
Year of inception: 2015
Founders: Soham Chokshi, Dhruv Agrawal, Harsh Kumar and Himanshu Gupta
Based: India, UAE and Indonesia
Sector: logistics
Size: more than 350 employees
Funding received so far: $31 million in series A and B rounds
Investors: Info Edge, Sequoia Capital’s Surge, A91 Partners and Z3 Partners
Sly Cooper and the Thievius Raccoonus
Developer: Sucker Punch Productions
Publisher: Sony Computer Entertainment
Console: PlayStation 2 to 5
Rating: 5/5
Results:
5pm: Maiden (PA) Dh80,000 1,400m | Winner: Eghel De Pine, Pat Cosgrave (jockey), Eric Lemartinel (trainer)
5.30pm: Maiden (PA) Dh80,000 1,400m | Winner: AF Sheaar, Szczepan Mazur, Saeed Al Shamsi
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA) Group 3 Dh500,000 1,600m | Winner: RB Torch, Fabrice Veron, Eric Lemartinel
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (TB) Listed Dh380,000 1,600m | Winner: Forjatt, Chris Hayes, Nicholas Bachalard
7pm: Wathba Stallions Cup for Private Owners Handicap (PA) Dh 70,000 1,400m | Winner: Hawafez, Connor Beasley, Ridha ben Attia
7.30pm: Handicap (PA) Dh 80,000 1,600m | Winner: Qader, Richard Mullen, Jean de Roaulle
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Sholto Byrnes on Myanmar politics
The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 258hp from 5,000-6,500rpm
Torque: 400Nm from 1,550-4,000rpm
Transmission: Eight-speed auto
Fuel consumption: 6.1L/100km
Price: from Dh362,500
On sale: now
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
The specs
Engine: Dual synchronous electric motors
Power: 660hp
Torque: 1,100Nm
Transmission: Single-speed automatic
Touring range: 488km-560km
Price: From Dh850,000 (estimate)
On sale: October
more from Janine di Giovanni
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Confirmed bouts (more to be added)
Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez
Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
In The Heights
Directed by: Jon M. Chu
Stars: Anthony Ramos, Lin-Manual Miranda
Rating: ****
Guardians of the Galaxy Vol 3
Director: James Gunn
Stars: Chris Pratt, Zoe Saldana, Dave Bautista, Vin Diesel, Bradley Cooper
Rating: 4/5
A QUIET PLACE
Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou
Director: Michael Sarnoski
Rating: 4/5
INDIA SQUAD
Virat Kohli (capt), Rohit Sharma, Shikhar Dhawan, KL Rahul, Vijay Shankar, MS Dhoni (wk), Kedar Jadhav, Dinesh Karthik, Yuzvendra Chahal, Kuldeep Yadav, Bhuvneshwar Kumar, Jasprit Bumrah, Hardik Pandya, Ravindra Jadeja, Mohammed Shami
Company Profile
Company name: Yeepeey
Started: Soft launch in November, 2020
Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani
Based: Dubai
Industry: E-grocery
Initial investment: $150,000
Future plan: Raise $1.5m and enter Saudi Arabia next year
TWISTERS
Director:+Lee+Isaac+Chung
Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos
Rating:+2.5/5