Pearce is thankful for the patience of Kuwaiti businessman and wants Forest to follow in the footsteps of Derby County for long-term success.
"I'm very pleased for the owner who stayed loyal and patient,” the 52-year-old told Sky Sports, according to BBC Sport. “We have to emulate the likes of Derby who have been patient over a number of years and built a good side. Judge me at the end of the season.
“Is this a better football club than we were last season? I say yes, but we have to keep working, hopefully this will spark us on."
Pearce made the comments following Forest’s 2-1 comeback win against Derby County at the iPro Stadium in the Championship on Saturday.
Prior to the win, the Nottingham-based outfit had lost four matches in a row in all competitions, with Pearce coming under pressure.
However, Forest chairman Al-Hasawi maintained his faith in the former Manchester City manager, who will now be determined to build on the victory over Derby.
Despite the defeat, Derby remain one of the top favourites for automatic promotion to the Championship.
Last season the Rams reached the playoff final, and indeed Pearce has chosen a very good example for Forest to follow.
Forest are unlikely to finish in the top two of the Championship this campaign, but they can certainly secure a playoff spot.
What Pearce now needs to do is put together a run of positive results and start to climb up the table.