{"id":12784,"date":"2019-05-14T13:55:42","date_gmt":"2019-05-14T04:55:42","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=12784"},"modified":"2023-02-16T17:38:03","modified_gmt":"2023-02-16T08:38:03","slug":"secrets-polyglots-success-business","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/","title":{"rendered":"Secrets of a polyglot’s success in business"},"content":{"rendered":"\t\t
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Eldor Makhmudov speaks five languages, travels for much of the year, and appears to have a knack for turning \u201ca crisis into an opportunity.\u201d Originally from Uzbekistan, he is also a family man who has made South Korea his home since earning a government scholarship in 2008. He joined Samsung C&T in 2012 as a global intern, before rising to the position of senior professional in the Energy & Metal Division\u2019s Coal Group.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Victory from the jaws of defeat<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A clear example of Makhmudov\u2019s global ascent is the way he developed a highly fruitful business relationship in Sakhalin, Russia. By his own admission, \u201cthe situation of our sales in Russia was not good.\u201d After contacting several coal mines on island of Sakhalin, he discovered a company that had just begun to develop a mine six hours away from the nearest airport by car. He found out about its problems and offered some help.<\/p>

\u201cI am very proud of it because it was a case in which we changed a crisis into an opportunity,\u201d he explains. \u201cIt was a small mine at first, but now its output is gradually growing.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Multilingual edge<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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If language learning requires motivation, Makhmudov appears to have plenty of it. He\u00a0studied to improve\u00a0his English\u00a0while growing up\u00a0speaking Russian and Uzbek. Korean was next, and he added Chinese after joining Samsung C&T to better communicate with Chinese and Taiwanese client companies. He feels this has all given him an edge.<\/p>

\u201cIt is true that I can communicate better with partner companies if I can speak their language,\u201d he says. \u201cI can lead the conversation more comfortably than our competitors who use interpreters, and I can make partner companies \u2018our people\u2019 with the sense of kinship generated by using the same language.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Big and small things<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What emerges from Makhmudov\u2019s story is someone for whom relationships are vital. As he puts it, \u201cIn business, everything is about people.\u201d It is this attitude that seems to drive his frequent personal visits to Russia, Thailand, the Philippines, and India. He stresses the importance of continually meeting suppliers, contacting them regularly to look for potential opportunities of any size. \u201cWe begin with a small deal and then it can lead to a long-term contract later,\u201d he insists.<\/p>

He also highlights the need to build trust with business partners: \u201cIf two companies are competing, the business partner will choose the company that responds quickly. It seems that trustworthy relations are created gradually by both big and small things, even as simple as promptly responding to the requests of business partners.\u201d<\/p>

As for the future, Makhmudov says he \u201cwould like to meet more business partners of the world while adapting to the local culture of Korea.\u201d It might seem like a busy life, but he claims any stress vanishes when he hears his 3-year-old daughter call, \u201cDaddy!\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Eldor Makhmudov, senior professional in the Energy & Metal Division\u2019s Coal Group of Samsung C&T, smiles during a photo shoot on March 22, 2019.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Eldor Makhmudov speaks five languages, travels for much of the year, and appears to have a knack for turning \u201ca crisis into an opportunity.\u201d Originally from Uzbekistan, he is also a family man who has made South Korea his home since earning a government scholarship in 2008. He joined Samsung C&T in 2012 as a […]<\/p>\n","protected":false},"author":1,"featured_media":12734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-12784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment"],"acf":[],"yoast_head":"\nSecrets of a polyglot's success in business - Samsung C&T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Secrets of a polyglot's success in business - Samsung C&T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Eldor Makhmudov speaks five languages, travels for much of the year, and appears to have a knack for turning \u201ca crisis into an opportunity.\u201d Originally from Uzbekistan, he is also a family man who has made South Korea his home since earning a government scholarship in 2008. He joined Samsung C&T in 2012 as a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-14T04:55:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-16T08:38:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2019\/05\/Eldor-Makhmudov-4-featured-image-1200x959-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"958\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samsung C&T Global PR Manager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\"},\"author\":{\"name\":\"Samsung C&T Global PR Manager\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#\/schema\/person\/7c21bf3897113ac1b49ed07b1d871d08\"},\"headline\":\"Secrets of a polyglot’s success in business\",\"datePublished\":\"2019-05-14T04:55:42+00:00\",\"dateModified\":\"2023-02-16T08:38:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\"},\"wordCount\":513,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2019\/05\/Eldor-Makhmudov-4-featured-image-1200x959-1.jpg\",\"articleSection\":[\"Trading & Investment\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\",\"url\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2019-05-secrets-polyglots-success-business\/\",\"name\":\"Secrets of a polyglot's success in business - 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