Dr Abdulrahman Albar

Venture Scientist 🤖 | Founder & CEO @BinaRobotics | Driving Innovation in Robotics & Industry 4.0 | Construction 3D Printing Expert

[Dr Abdulrahman Albar @a_m_albar]

الحمدلله الذي بنعمته تتم الصالحات ، بفضل الله ومنته تم اليوم اجتياز مناقشة رسالة الدكتوراه بنجاح في تخصص الروبوتات و الطباعة ثلاثية الابعاد في البناء من جامعة برونيل لندن 🙌

[Dr Abdulrahman Albar @a_m_albar]

@mikefutia BANANA

[مُــعاذ بن نبيل بوعائشه 3D @Moath_Abuaysha]

لنتفق ان #الطباعة_3D في البناء 🏗️🏭
١- ليست بديلة عن البناء التقليدي
٢- مصممه لتحل تحديات البناء التقليدي
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لذا احببت اشارككم بعض التحديات التي تتميز بها #لطباعة_ثلاثية_الابعاد عن البناء التقليدي.
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في التغريدات التالية👇🏼

[مُــعاذ بن نبيل بوعائشه 3D @Moath_Abuaysha]

تقنية طباعة 3D جديدة 😍
"الطابعة تشوف نفسها" 👀

قبل ساعات اعلن معهد الـ @MIT 🤩
عن نجاح عمل تم لأكثر من 10 سنوات
لتطوير تقنية #الطباعة_ثلاثية_الأبعاد

< تقنية رؤية الكمبيوتر مع تعدد المواد >

تعاون بين @Inkbit3D و @ETH_en
أثمر بنقل الطباعة متعددة المواد الى
مستوى غير مسبوق 🚀

[Daniel Priestley @DanielPriestley]

Many of the rules we hear in business are wrong, or at least not right for small businesses under a million in revenue. Here are the top seven counterintuitive ideas I’ve used to grow businesses from an idea to a seven-figure company (often in the first year)

1. Getting good at spending is more important than saving money.

When building businesses, I focus on how to spend as much as I possibly can as fast as I can. This involves conducting small spending experiments and then doubling-down on what works.  Rather than looking for ways to save money, I want to spend more on marketing, promotions, product improvements and team; not less. I’m looking at every possible way to responsibly deploy cash to drive the business's revenues up.

Our whole lives we get taught to fear spending money and to focus on saving – which makes sense on a fixed income but not when a business has growth potential.

Until a business is turning over £1M+ there’s little point in cost-cutting or saving money; any gains will not be worth your time – it’s easy to waste five hours figuring out how to cut a bill by £150. Naturally, Avoid running out of cash, but your focus is better spent spending money on things that help generate immediate revenue.

The savings mindset will kill the expansive energy your business needs to reach ‘escape velocity’ where it can pay reasonable costs of doing business. It’s better to focus on ways to spend.

2. Revenue is more important than profit.

There’s an old saying ‘revenue is vanity; profit is sanity and cash is king’.

I agree that cash is king and you must never let your business run out of cash BUT I don’t agree that profit is sanity until you hit a certain size.

In the early stages of business, revenue matters more than profit. Let me stress, you have to be able to pay your bills, however, if you have the chance to take on new business but you know it’s probably not very profitable, take it on.

You’ll figure out the profit later – hopefully. Honestly, who cares if you’re making 40 percent profit margins on £80k of total business, you’d still be better off going and getting a job at Starbucks.

It’s far better to be making no profit on £1m and then try and figure out how you can improve margins by five percent.

The profit-seeking mindset will stop you from growing to a viable size. It's better to figure out revenue growth first and then figure out profitability (provided you don't run out of cash).

I like the quote from billionaire investor Peter Theil, “Profit is what you have when you’ve run out of ideas.”
3. Improving cash-at-bank is better than keeping accurate records.

In the early days of business, the only real number that matters is cash-at-bank. Spending too much time on detailed reports isn’t worth your focus until you have decent revenues to analyse.

Do anything to improve your cash-at-bank but don’t sit around analysing your early numbers. Get on the phone, have more meetings, send more invoices.

Twice a year, you can sit down and take a closer look at the numbers but in the early stages of business, your entire operation is barely a rounding error on where it needs to be. Detailed reports are for businesses that have £1m+ revenues.

The detail-seeking mindset will take your eye off the bigger picture. The only management number you need to know in the early stages of fast growth is cash-at-bank; let your accountant worry about the rest - go kick the door off its hinges.

4. Band-Aid solutions are better than well-thought-out systems.

Band-Aid solutions get a bad name. What’s actually wrong with a Band-Aid? It’s fast, it’s cheap, it works – job done! Imagine remodeling your kitchen because you stubbed your toe! Sometimes Band-Aids are the perfect solution.

People glorify expensive long-term solutions but in small businesses they are overkill. In the early stages of business, an Excel spreadsheet that’s working is better than a CRM system that takes up time and money.

A shoebox full of business cards is perfectly acceptable if it means you spend more time on the phone and less time on data entry. A brochure with a spelling error is better than a brochure that took an extra three weeks and £500 to remove every mistake.

There’s nothing wrong with solutions that are fast, cheap, and do the job for now – if anything they are the best for a business with less than £1m revenue.

5. A brochure is more important than a website.

A small business doesn’t get in-bound inquiries, it doesn’t have people Googling it or trying to buy from it online.

Every sale is won over the phone or through face-to-face meetings (or Zoom). A good brochure is more valuable to a small business than a great website because it helps in the sales process (I'm including a PDF Brochure you can email to people along with a proposal).

A brochure is a perfect sales aide to explain the business or the product before, during, or after a sales meeting. A printed brochure has a sense of commercial reality about it and it's worth sending these to people in the mail where relevant.

A website feels safe because it puts a barrier between the market and the entrepreneur, it feels like the website is out there winning business and doing some work. This is an illusion, all the weight is on the shoulders of the entrepreneur and every sale will be hard one – it’s best not to kid yourself about this.

The mindset of putting barriers between the entrepreneur and the prospective buyer, will slow things down not speed things up.

6. The only brand that matters is your personal brand.

Large companies spend millions and millions on developing a trusted faceless brand – and it still doesn’t work. Big faceless companies are constantly losing business to upstarts who are willing to ‘be their brand’. Have a look at Elon Musk of Tesla Motors beating the established car companies.

People who front their brand succeed at a faster rate than people who hide behind a visual identity.

As an entrepreneur or leader of a small business, your job is to speak at events, comment in the media, use social media and personally meet people who you could do business with.

There are countless companies that are looking good but going nowhere; your role is to be a key person of influence who gets things done.

The Mindset of building a separate brand rather than embodying the brand is a costly mistake in the early days - people will buy you but will be suspicious of a new faceless company.

7. Passive income and automation will send you broke.

Many entrepreneurs fantasise about a business that runs itself. They want recurring revenue, multiple streams of passive income and automated systems that just work.

Especially in the early days, it’s a fantasy and it’s a dangerous one at that. Your business exists to solve problems for people that they can’t or don’t want to solve for themselves. By that definition if it was easy to automate or if it didn’t require effort and energy people would have figured it out themselves. If it's easy, it isn't valuable – or, if it were a cheap and simple thing to fix someone else would be giving it away for free.

There’s a lot of truth in the saying, ‘if it were easy everyone would be doing it’.

Expect your business to be time-consuming and hard. Look for complex problems to solve. Get hands-on in fixing hard problems.  Don’t try to simplify the solution too quickly. Remember that the desire for a smooth road creates a bumpy road and the desire for a challenge creates a game. Enjoy the bumps – you’re an entrepreneur or a leader and that’s what makes you valuable.

After you hit a million pounds in revenue you’ll start to notice ways for technology, systems and media assets to do some of the heavy lifting in your business. You might also stumble upon some opportunities for recurring revenues and you might develop some methodologies that help you to deliver solutions more efficiently. These insights rarely come in the early days so don’t force them, let them evolve.
Conventional Wisdom Is For Bigger Businesses

A motorbike going 100miles an hour behaves very differently to a bicycle going 10miles per hour. If you try to apply "motorbike wisdom" to a pushbike, you'll probably crash.

I know these seven ideas fly in the face of conventional wisdom but conventional wisdom has 80 percent of UK businesses earning less than £100K revenue each year – clearly, some of the "common sense" ideas don’t work.

Turn your back on convention and adopt some of these counter-intuitive ideas as you grow from an idea to a seven-figure business.

[Rafiq Swash @rafiqswash]

Contented to have been shortlisted as a finalist in the Great British #Entrepreneur #Awards! @EntrepreneursGB
no one is an "island" and as a founder of @aidriversltd, I am entirely dependent on my excellent, motivated, driven team of experts in all that we have done and doing!

[Aidrivers Ltd @aidriversltd]

#Aidrivers is delighted to work in a strategic alliance with @ADPortsGroup to deliver smart, #sustainable transport solutions through #AiEnabled #autonomous technology. By working together, we are stronger!

#Autonomousmobility #Autonomousvehicles #SustainableAutonomy

[Rafiq Swash @rafiqswash]

My latest thought leadership piece is all about Primary #DigitalInfrastructure for #sustainable #port #automation Read it on https://t.co/QEbeRTmpV2 @ForbesTechCncl

[Oliver Cameron @olivercameron]

I recently left @Cruise after 2 amazing years.

In that time, we launched & scaled cars with no driver to tens of thousands of happy customers. I'm super proud to have worked at such a special place.

What's next after 7 years in self-driving cars & AI, and what did I learn? 👇

[أحمد الشقيري @shugairi]

#سين : من أهم حلقات الموسم في رأيي : الشباب ثروة
أتمنى مشاهدتها ونشرها ان أمكن

https://t.co/CidiMJpJ4X

[Dr Abdulrahman Albar @a_m_albar]

https://t.co/yGQfuxWqUy

[برق الإمارات @UAE_BARQ]

مجموعة موانئ أبوظبي تنظم ورشة تدريبية لمجموعة من المهندسين والفنيين لتزويدهم بالمعرفة النظرية والعملية المتعلقة بالشاحنات ذاتية القيادة.

@ADPortsGroup

[المعماري د. هشام القاسم @ArchHesham]

أكبر مبنى مطبوع ثلاثي الأبعاد في العالم يكتمل في دبي.

استخدمت شركة البناء تكنولوجيا الروبوتات لبناء أكبر مبنى مطبوع ثلاثي الأبعاد في العالم، وهو مكتب من طابقين بارتفاع 9.5 متر ومساحة أرضية تبلغ 640 متر مربع.

#تقنيات_البناء
#صناعة_البناء

[Dr Abdulrahman Albar @a_m_albar]

@AlsafiKhalid الله يبارك فيك و يخليك يادكتورنا و استاذنا الغالي 🌹

[Dr Abdulrahman Albar @a_m_albar]

الحمدلله الذي بنعمته تتم الصالحات ، بفضل الله ومنته تم اليوم اجتياز مناقشة رسالة الدكتوراه بنجاح في تخصص الروبوتات و الطباعة ثلاثية الابعاد في البناء من جامعة برونيل لندن 🙌

[Dr Abdulrahman Albar @a_m_albar]

@Faresmmw الله يبارك فيك دكتورنا الغالي 🌹

[Dr Abdulrahman Albar @a_m_albar]

@rafiqswash It has been an absolute pleasure and honour to have you as a supervisor and a friend @rafiqswash during the whole journey ❤️ I really can't thank you enough 🙌

[Rafiq Swash @rafiqswash]

Congratulations and well done. It has been a great journey of graduating from undergrad, master degree and now PhD

[Dr Abdulrahman Albar @a_m_albar]

@wingdisk Thank you Fred 🙌

[Dr Abdulrahman Albar @a_m_albar]

@salehfadel الله يبارك فيك و يسعدك د. صالح🌹 اللهم امين

[Dr Najlaa Bajaber د.نجلاء باجابر @najlaa74]

الحمدلله الذي بنعمته تتم الصالحات 🌹اجتاز ابننا عبدالرحمن البار مناقشة الدكتوراة بتميز ولله الحمد والمنة في مجال الهندسة الاكترونية "Robotics "🌷🌷 أحببت اشارككم الفرحة والعاقبة لديكم ولابنائكم وأحبابكم بالمسرات♥️