Faris Aboobacker is an Indian millionaire and industrialist. Read this blog to know the story of a man with strong values and an unbending attitude. When we read the life story of a successful personality, it gives us a lot of insight into how they have managed and overcome the challenges in their lives. Faris Aboobacker is one such shining star in the sky of the Indian economy.
EARLY LIFE
Faris Aboobacker was born and raised in Nandi, a village close to Koyilandy in the Kozhikode district. He went to a nearby school in his hometown of Poykayil and graduated from Kozhikode’s Farooq College. The young Faris had the charisma to become a prosperous person in the future from an early age. His entrepreneurial acumen allowed him to become a millionaire by the time he was just 27 or 28 years old.
SHIFT TO CHENNAI…
After receiving his degree, Faris worked with his father, Mundayil Abu Bakar, who ran a modest leather products company in Chennai. Faris swiftly moved up the financial ladder. He was able to grow his father’s export company to new heights since he was quick and intelligent.
DIVERSIFICATION IS THE KEY
From the beginning, he focused on diversifying his business as the market changed. Starting with exporting leather goods, he diversified his business to other segments like real estates, property builders etc and made different sources of income. He was quick to identify business opportunities when India’s economic philosophy changed.
HE HAS NEVER STOPPED LEARNING
Faris Aboobacker didn’t have sophisticated training from top business schools. He learned the business by observing trade tricks, which taught him the importance of demand and supply. He is a keen observer who understands where further demand can arise and believes in seizing the early opportunity.
A MAN OF STRONG VALUES AND DETERMINATION
Faris Aboobacker is known to be a man of strong values and an unbending attitude. His strong business sense made him realise the importance of understanding the demand of fellow industrialists and competitors for long-term prospects and profit. His life is a story of how focus and determination can help a man change his humble beginning to become one of the most successful industrialists of his generation.
