• To hear the episode before the others, subscribe to Thmanyah. ✴️ https://thmanyah.link/subscription-fi... • For those who love working at Fنجان, we are looking for smart and patient people to help us reach great guests and ideas. They have a keen eye and a strong research muscle. If you are interested, apply via the link: https://thmanyah.link/1zy0 An enjoyable and wonderful episode about the story of the founding of Jarir Bookstore, from the seventies until today, with the founding partner and Chairman of the Board of Directors of Jarir Bookstore, Muhammad Al-Aqil. Jarir has withstood more than forty years of challenges and difficulties, and today it is considered one of the most prominent companies in the retail sector in the Middle East. My guest always repeats that what Jarir does in selling books is a social act, but how is that when they take 50% of the value of the book just to display it in the bookstore? It is true that Jarir Bookstore has been growing continuously since its inception, but for five years there has been no significant growth in profits. Despite this, the company continues to distribute profits that affect investment in the company's growth, so why doesn't it stop distributing them? Is Jarir afraid of competition? Why do many complain about the poor Jarir website and application? 70% of wealthy families lose their wealth in the second generation, so how did Jarir avoid the risk of the company passing from one generation to the next? How did it ensure that problems did not occur? Did it affect their relationship with each other? Al-Aqil has many lessons to learn from his experience. - • Traveling soon? Or planning your next tourist destination? This short survey is for you: https://surveys.thmanyah.com/tourism1 • A newsletter from me, Abdulrahman Abu Maleh, and the Fنجان team, for the podcast’s close audience. https://thmanyah.link/8be1e3 • Download the “Radio Thamanya” app. https://thmanyah.link/radio-fnjan • We made investing easy and simple, download the Abyan Finance app https://thmanyah.co/abn • Safa Investment, high-end housing solutions that meet your needs and exceed your expectations: https://thmanyah.link/561 • Enter the world of e-commerce through the easiest doors, with “Salla”, the future of trade..: https://thmanyah.link/salla • Whether you are a coffee lover prepared by professional coffee makers or prefer to prepare it at home. We are honored to enrich you in the world of specialty coffee, start with one step: https://thmanyah.link/9y3 and share your experience with us through our interactive platforms. Topics: 0:00 The beginning 1:40 His studies and entry into the world of commerce 15:00 How did the idea of ​​Jarir Bookstore start? 30:30 Did he face problems with book censorship? 43:33 Why do they take 50% for displaying the book? 50:58 Closing of Jarir Furniture and Jarir Real Estate 1:03:19 Why did they establish Jarir Investment 1:08:15 Jarir’s shift to selling electronics 1:16:52 The first offering of Jarir Bookstore 1:27:18 What is their strategy in choosing the locations of the branches? 1:43:05 How did Amazon and Noon affect Jarir’s sales? 1:46:54 When will the problems of Jarir’s website be solved? 1:55:24 The “Buy Now, Pay Later” service and their orientation towards the Gulf countries 2:05:05 The impact of dividend distribution on growth 2:14:54 How did they work to transfer the company to new generations 2:38:28 His relationship with his family and his focus on charitable work 2:53:05 The fun of the journey 2:59:04 After the episode: The biggest returns and how to lose Eight on Radio Eight: https://thmanyah.link/i0qw Eight website: https://thmanyah.link/fa44da Eight radio: https://thmanyah.link/af2741 Eight on Twitter: /thmanyah Eight on Instagram: /thmanyah Eight on TikTok: /thmanyah Eight on Facebook: /thmanyah