CEO, Dining & Nightlife Abu Dhabi, Michael Hine
Have you always been an entrepreneur?
I’ve always
had an entrepreneurial mindset, even from a young age. When I was younger, I
decided that I wanted to buy this red BMX bike, it was the coolest bike to have
at the time. My parents would make me do chores to save enough money to buy it,
however I soon realized that it was going to take a while to save. One day I overheard
the window cleaners speaking to my mother and I realized that I could make more
money window cleaning. That day I got my bucket and went door to door
undercutting the window cleaners, I quickly made enough money to buy the red
BMX. It was at that point that I felt empowered and confident enough to always
pursue my own vision.
How did you become the CEO of Dining &
Nightlife?
My wife was
working in hospitality and she was complaining that a publication had placed
her restaurant advert next to a vacuum cleaner advert and due to the
positioning of the advert it reflected badly on her hotel brand. I remember
saying to her just advertise somewhere else, that’s when we realised that there
wasn’t a publication that was fully focused on Dining & Nightlife in Abu
Dhabi, so we decided, along with our partner to do something about that, and
from that Dining & Nightlife was created and I became the CEO.
Talk us through a typical day in the life
of Michael Hine?
I wake up
around 6.00am and normally finish work at around 11.00pm. I always start my day
by exercising, it’s important to try and stay healthy. I then have a conference
call with my business partners and head off to meetings. Most of my time is
spent meeting people. I’m a big believer in building a relationship with all my
clients. I’m lucky to have some fantastic clients so meeting them doesn’t feel
like work.
What
advice would you give an entrepreneur starting a business?
Get ready to
work the hardest you have ever worked in your life. When you work for someone
you can have the odd day where you procrastinate, as an entrepreneur you can’t
do that, if you don’t work you don’t get paid, that’s the harsh reality. Forget
holidays, forget sick days and that party on the weekend, cancel it. If you are
serious about starting your own business, you have to be ready to make some
very big sacrifices.
What exciting projects have you recently
worked on?
Our new app
Dining & Nightlife Discounts, which is in soft launch and Abu Dhabi Food
Festival. In December the team and I had the opportunity to collaborate with
the Department of Culture and Tourism – Abu Dhabi for the third year. We worked
closely with the team for Abu Dhabi Food Festival. It’s a great experience and
every year the food festival is going from strength to strength.
How would you describe the people in your
organisation?
Driven, its
one key element I look for when employing someone. They need to have a get up
and go attitude, I like people who find solutions not excuses. I work hard
myself, so I expect my team to do the same, I’d never ask anyone to do anything
I’m not willing to do myself.
What are
you working on right now that excites you?
The Dining
& Nightlife Discounts app. It’s been in the making for over 2 years and we
are happy to see it live. Users can avail a range of discounts from dining
deals, brunch bargains, last minute offers, exclusive experiences and nightlife.
Discounting is a hot topic right now, especially
in the F&B industry, some are for, whilst some are against, what’s your
opinion on the subject?
Discounts
are here to stay, that’s the reality. We have a discounting culture, people
actively seek a discount, it dictates where most people dine. I had a
restaurant at the start of the year inform me that they wouldn’t be taking part
in the Dining & Nightlife Discounts app because instead of discounting they
were going to reduce the price of the menu. A few weeks later they came back
and signed up. Customers don’t look at the prices on the menu they look at the
percentage of the discount given. It has become the norm and therefore it will
never change. I know some restaurants that have stopped discounting and the
restaurant next to them has then increased their discounts, leaving the other
restaurant totally empty.
Some people have said why should
restaurants offer discounts when so many are closing?
I don’t see how the two are related, if a restaurant is closing there are several factors that could be at play, bad food, terrible service, location or lack of marketing. Discounts should be used to drive footfall and revenue. Like anything when used right it’s a great way to highlight your venue for very little cost.
Follow Michael on Instagram UAESocialite