The Importance of competition with entrepreneur Mohammed Shakaoat

For entrepreneur Mohammed Shakaoat, competition is what sets success apart from the rest. The 28-year-old Bangladeshi millionaire believes it’s the reason clients will seek his expertise in Amazon dropshipping or help in the ATM business. “I have to constantly stay at the top of my game,” says Shakaoat.

He believes building a strong and trusting relationship with clients is tremendously important. “Your client may not even give your competitor a chance if the relationship is strong enough,” says Shakaoat.

Shakaoat builds trust using a high-integrity win-win approach with his employees. He suggests other bosses be patient as building trust with staff takes time, planning, and perseverance.

“Be impeccable with your word from the get-go and implement a communication process that continues to keep you and your clients connected,” he stated.

Shakaoat only takes on clients possessing similar goals and ambitions as he does. He wants to work with clients that work with him instead of against him. He likes to build relationships first before talking money.

“Yes, I have turned down clients because we didn't fit well. Our team always refunded the client and ended the relationship respectfully as stated in our contract,” says Shakaoat. Shakaoat’s businesses revolve around helping others.

He started his ATM business to provide Floridians access to their bank accounts remotely. He now owns over 45 ATM machines across Florida.

After a YouTube video kickstarted his entrepreneurial career in the ATM business, he developed a course teaching aspiring entrepreneurs how to follow his footsteps in the ATM business by the name of ATM Academy (@atm__Academy), where more than 400 students have access to valuable resources such as private chat rooms and access to video chats with Mohammed himself.

He also helps run a dropship and management company for people who sell their products online. Project WiFi (@Projectwifi) provides relief for over 55 business owner’s busy schedules so they can work on larger projects or spend time with their families.

Shakaoat takes great pride in having a connected team. “I am very thankful for like-minded individuals who have the same vision as I do and help me achieve new milestones in my businesses every day,” says Shakaoat.

Mohammed Shakaoat’s future looks bright as he continues to expand his business repertoire each day. He wants to continue to help as many people as he can with https://projectwifi.io/team and www.atmacademy.com, and he looks forward to exploring new opportunities in the future.

 For now, he’s enjoying being his own boss and travelling as he pleases. “When you love what you do, a job will never feel like work,” he stated. We wish Mohammed all the best in his future endeavors.

To follow Mohammed’s journey, feel free to follow his Instagram.

Disclaimer: No Deccan Chronicle journalist was involved in creating this content. The group also takes no responsibility for this content.