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Abdul Razak Dawood: Founder DESCON, BARD Foundation, Columbia University & Lawrencepur | 288 | TBT

International listeners can support TBT here: https://buy.stripe.com/14keVU54r5hQ55... In tonight’s conversation with our special guest, Abdul Razak Dawood. What was his life pre-partition like? What difficulties did he face while trading? How did he set up the business? What was settling in Karachi like? What was his experience with studying abroad like? When did he start to see his life differently? What was his MBA like? How did he feel about being a Pakistani student at an American University? How Pakistani entrepreneurs have evolved over time? What was Pakistan in 1968 like? How did market segmentation help the growth of his business? The takeover of the New Bangladesh government in 1971? Why did he leave Lawrencepur in 1972? Getting exposure & rebuilding business? Selling Dawood Hercules to Fatima Group? Starting up DESCON? What was after DESCON? Abdul Razak’s advice to business owners? What is the mission behind BARD Foundation? Why did he choose to expand his business in South Africa & Central Asian Republic? Did Abdul Razak Dawood ever regret his choices? How does Abdul Razak Dawood envision Pakistan in 2050? Catch this and much more in tonight's episode. #thoughtbehindthings #muzamilhasan #business 00:00 Tonight’s guest: Abdul Razak Dawood 01:01 Abdul Razak’s early life pre-partition 02:10 Trading as a family 03:00 Establishing businesses post-partition 04:05 Settling in Karachi, Pakistan 04:30 Decision of his father & his uncle 05:37 Studying in English Public School 06:19 Growing up in England 07:39 When did he start to see his life differently? 10:48 Why did he choose to study engineering? 12:33 What was his MBA like? 14:54 How does he feel about being a Pakistani student in an American University? 16:29 What did he learn from studying in America? 19:28 What businesses did his uncles establish in Pakistan while he was in America for 18 years? 21:44 The evolution of Pakistani entrepreneurs 22:35 What was Pakistan in 1968 like? 24:20 Working in Lawrencepur 29:05 Work culture back then vs. now 31:30 How did market segmentation help the growth of his business? 33:08 The takeover of the New Bangladesh government in 1971 37:22 Why did he leave Lawrencepur in 1972? 38:48 Getting exposure & rebuilding business 41:57 Selling Dawood Hercules to Fatima Group 43:24 What did he do after leaving Dawood Hercules? 45:37 Starting up DESCON 52:17 What was after DESCON? 56:42 Getting into the agriculture business 1:00:23 Abdul Razak’s advice to the business owners 1:03:51 BARD Foundation 1:05:52 What is the mission behind BARD Foundation? 1:14:25 The concept of sports scholarship in Pakistan 1:15:28 Why have people not invested in sports in Pakistan? 1:22:20 His involvement in the education sector 1:23:57 Why did he choose to expand his business in South Africa & Central Asian Republic? 1:31:22 Problems in export growth strategy 1:40:24 The future of the export business of Pakistan 1:47:36 Does Abdul Razak Dawood ever regret his choices? 1:49:56 How does Abdul Razak Dawood envision Pakistan in 2050? Do not forget to subscribe and press the bell icon to catch on to some amazing conversations coming your way Connect with us: •   / thoughtbehindthings   •   / muzamilhasan   Instagram: BARD Foundation Instagram: https://instagram.com/bard_foundation... DESCON Official Instagram:   / descon.official   Twitter: Abdul Razak Dawood’s Twitter: https://twitter.com/razak_dawood?t=Ly... BARD Foundation:   / bard_org   Facebook: BARD Foundation: https://www.facebook.com/ChangingFort... DESCON Facebook: https://www.facebook.com/DesconOffici... One8nine Media:    / @one8nine   Support our podcast: https://anchor.fm/syed-muzamil-hasan-... You can also audio stream our podcast on the following platforms: • Spotify: https://spoti.fi/3z1cE7F • Google Podcast: https://bit.ly/2S84VEd • Apple Podcast: https://apple.co/3cgIkfI