Showing posts with label Successful Entrepreneur. Show all posts
Showing posts with label Successful Entrepreneur. Show all posts

Saturday, 14 March 2015

Tan Sri Dato' Seri Vincent Tan Chee Yioun

Tan Sri Dato' Seri Vincent Tan Chee Yioun

Biodate:

Name: Tan Sri Dato' Seri Vincent Tan Chee Yioun
Age: 63
Born: February 1952, Batu Pahat, Johor, Malaysia
Position: Chairman of Berjaya Group, Owner of Cardiff City Football Club and Owner of FK Sarajevo


Reason I choose Tan Sri Dato' Seri Vincent Tan Chee Yioun

Apart from Tan Sri Robert Kuok Hock Nien, Tan Sri Dato' Seri Vincent Tan Chee Yioun is another legendary entrepreneur in Malaysia. He is also the self-made entrepreneur who run the Berjaya Group. To many people his story is amazing because he is able to change from nobody to a billionaire and the start-up is by selling burger. His story is always motivate the young generation and his successful in business had bring a lot of impact to the economic of Malaysia. So, in my opinion, he is also a good learning model to many people. Every empire is start from a small change.


Background of Tan Sri Dato' Seri Vincent Tan Chee Yioun

Tan Sri Dato' Seri Vincent Tan Chee Yioun born in 1952 from Batu Pahat, Johor. According to an interview of Forbes with Tan Sri Dato' Seri Vincent Tan Chee Yioun, he said that he is start from a poor family. Since graduate from the secondary school, Tan Sri Dato' Seri Vincent Tan Chee Yioun is planning to further his study in law at oversea. However, at that moment, his plan was fail due to his father facing problem in business. 

Sooner, Tan Sri Dato' Seri Vincent Tan Chee Yioun is working as a clerk in a bank to help his family. At the same time, he also become an agent of insurance. Tan Sri Dato' Seri Vincent Tan Chee Yioun is able to promote to Senior Sales Manager due to his ability just in 4 years. What amaze was at that time Tan Sri Dato' Seri Vincent Tan Chee Yioun is just 23 years old. In 1980s, he is the one who brought in the McDonald's franchise business into Malaysia. This action had brought him a great wealth which allow him to start expand his business and built his business empire. Now, Tan Sri Dato' Seri Vincent Tan Chee Yioun is the Chairman of Berjaya Group, Owner of Cardiff City Football Club and Owner of FK Sarajevo.





How Tan Sri Dato' Seri Vincent Tan Chee Yioun Develop Business and 
the Business Development

In 1973, Tan Sri Dato' Seri Vincent Tan is working as the agent in the American International Assurance Company and at that moment he just 21 years old. Due to his family problem, Tan Sri Dato' Seri Vincent Tan is actually start working as a clerk in the bank. Few years later, he started his part-time of insurance agent.

However, the turning point is  when he saw a magazine's article which entitle "Hamburger Kingdom". This article is telling about the story of the McDonald, the US fast food chain. Sooner, Tan Sri Dato' Seri Vincent Tan planning to bring this product, McDonald to Malaysia. However, things do not go so easy, the McDonald headquarters had rejected his apply letter. In December of 1980, Tan Sri Dato' Seri Vincent Tan successfully grab the opportunity as the master franchise in McDonald. At that time, he hold 51% of stake and the first McDonald shop is open at Jalan Bintang, Kuala Lumpur.

The succession of McDonald do not satisfy Tan Sri Dato' Seri Vincent Tan but he continue to expand his business. In 1982, Tan Sri Dato' Seri Vincent Tan successfully buy a company name as Berjaya-Kawat with holding 37.8% of stake. And at that time he change to company name from Berjaya Kawat to Berjaya Group. In 1985, Tan Sri Dato' Seri Vincent Tan bought Sports Toto and obtained the license for his lottery business from a non-tendered privatization.

After forming the Berjaya Group, Tan Sri Dato' Seri Vincent Tan start his massive business plan which consist of Starbucks and 7-11 store. Until now, 7-11 store is able to expand nearest 2000 shops in whole Malaysia. After the economic crisis in 2008, Tan Sri Dato' Seri Vincent Tan had buy the social networking site Friendster and sold to Facebook in 2010. This allow Tan Sri Dato' Seri Vincent Tan increase his property to $500 million. Currently, the Berjay Group is involved in diverse business such as consumer marketing, multi-level direct selling, and other different form of business.

Besides, another well known story of Tan Sri Dato' Seri Vincent Tan is he became the owner of Cardiff City Football Club after a consortium of Malaysian investor bought 30% of the club's shares in May, 2010. Until now, Tan Sri Dato' Seri Vincent Tan is stated had real time net worth of $1.15 billion by Forbes and was the second richest person in Malaysia after Tan Sri Robert Kuok.


Sources from:
http://www.chenggongxue-master.info/2012/08/tan-sri-dato-seri-vincent-tan-chee.html
http://success-ent.blogspot.com/2011/11/berjaya-corporation-berhad-10.html
http://www.forbes.com/sites/tatianaserafin/2012/09/19/malaysian-billionaire-vincent-tan-on-philanthropy/  
http://www.bloomberg.com/research/stocks/people/person.asp?personId=8374029&ticker=BST:MK

Tan Sri Tatparanandam Ananda Krishnan

Tan Sri Tatparanandam Ananda Krishnan


Biodate

Name: Tan Sri Tatparanandam Ananda Krishnan
Age: 77
Born: Kuala Lumpur, Malaysia
Position: Owner and sole proprietor, Usaha Tegas Sdn Bhd


Reason I choose Tan Sri Tatparanandam Ananda Krishnan

Among other famous entrepreneur in Malaysia, Tan Sri Tatparanandam Ananda Krishnan is a self-made billionaire who keeps a determinedly low profile but is rapidly expanding his business empire. He is a businessman, an entrepreneur and philanthropist. The reason I choose Tan Sri Tatparanandam Ananda Krishnan is because although he is the billionaire, he is humble and stay low profile compare to others. In my opinion, his humble attitude and his way of succession should learned by many young entrepreneur. 


Background of Tan Sri Tatparanandam Ananda Krishnan

Tan Sri Tatparanandam Ananda Krishnan is a Tamil Malaysian of Sri Lankan Tamil origin businessman and philanthropist. According to Forbes, Tan Sri Tatparanandam Ananda Krishnan is the Malaysia's second-richest person. He also a second wealthiest in Southast Asia behind Tan Sri Robert Kuok, and number 82 in the world. He had a real time net worth of $9.4 bilion.

Tan Sri Tatparanandam Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur. His parents were Sri Lanka origin. Tan Sri Tatparanandam Ananda Krishnan study at VIvekananda Tamil School and Victoria Institution in Kuala Lumpur. After that he attended University of Melbourne, Australia to complete his degree. Finally, he holds an MBA from Harvard University in 1964.

Currently, Tan Sri Tatparanandam Ananda Krishnan owns Maxis Communications and MEASAT Broadcast Network Systems. This two companies are the 2 of the biggest communications companies in Malaysia. Maxis now is the biggest cellular phone company in Malaysia with more than 5 millions subscribers and about 30% of Malaysia's market share whereas MEASAT own 2 communication satellites which offers 30 television channels and 16 radio channels. Tan Sri Tatparanandam Ananda Krishnan also slump in shares of Bumi Armada, an offshore oilfield services provider.

The interested things is that Tan Sri Tatparanandam Ananda Krishnan had only one son. His son do not show interested in heritage the wealth of his father but become a monk and name as Ajahn Siripanno. However, Tan Sri Tatparanandam Ananda Krishnan is also a devout Buddhist and known as great philanthropist, especially in the field of education. (http://www.tsemrinpoche.com/tsem-tulku-rinpoche/current-affairs/richest-mans-son-monk.html)




How Tan Sri Tatparanandam Ananda Krishnan Develop His Business and
His Business Development

The first business of Tan Sri Tatparanandam Ananda Krishnan venture was the Malaysian consultancy MAI holding Sdn Bhd. He was the founding director of state oil giant Petronas and was a low profile of the central bank, Bank Negara, between 1982 and 1987. There is also been said that Tan Sri Tatparanandam Ananda Krishnan is the one who selling the idea of building the Petronas Twin Towers in the early 1990s to the former Prime Minister Mahathir Mohamad.  

In the beginning of 1990s, Tan Sri Tatparanandam Ananda Krishnan start to building his multimedia empire which now consist of Maxis Communication, MEASAT Broadcast Network Systems and SES World Skies. Currently, he has business interests entertainment (Astro), space (3 Satellites), oil, power, shipping, telecommunications (Maxis in Malaysia and Aircell in India), property and gaming which is Pan Pools Malaysia. According to the sundaytimes.ik, his companies operate in most part ofs of South East Asia and a quarter of his wealth is coming from the gambling business which consist of lottery and horse-racing wagering.

In all lifespan, Tan Sri Tatparanandam Ananda Krishnan is not only achieve his great success in the business but also contribute to the charity and foundations. He has donated as much as RM160 millions for providing developing and education opportunities for Bumiputra Malaysia. 
Sources:
http://www.tsemrinpoche.com/tsem-tulku-rinpoche/current-affairs/richest-mans-son-monk.html
http://www.skorcareer.com/malaysia-eng/anandakrishnanprofile.htm
http://www.forbes.com/profile/ananda-krishnan/
http://www.thestar.com.my/Story/?sec=b&file=%2F2012%2F3%2F7%2Fbusiness%2F20120307112244
http://www.sundaytimes.lk/070527/News/nws14.html

Friday, 13 March 2015

Tan Sri Robert Kuok

Tan Sri Robert Kuok Hock Nien

Biodate
Name: Tan Sri Robert Kuok Hock Nien
Age: 92
Born: 6 October 1923, Johor Bharu, Malaysia
Position: Chairman, Shangri-La Hotels and Resort Chain


Reason I choose Tan Sri Robert Kuok Hock Nien
Tan Sri Robert Kuok is the proud of the Malaysian. He was the self made billionaire entrepreneur who successfully built his business empire from a small beginning from his home town at Johor Bharu. His story was a legend and inspire many entrepreneur especially the young entrepreneur. Tan Sri Robert Kuok is a person who change from nobody to somebody which I think is a good model for all young entrepreneur who once had their dreams.


Background of Tan Sri Robert Kuok
According to the news publish by Forbes, Tan Sri Robert Kuok occupies the top spot on the Forbes Malaysia Rich list for the 10th straight year, which mean that he is still the Malaysia's richest man. Tan Sri Robert Kuok's father is from Fujian, China, a commodities trader who arrived in Malaysia in 1909 which that time Malaysia still called as Malaya. Although Tan Sri Robert Kuok come from a celebrated background, he still admitted that he was once only an office boy. Tan Sri Robert Kuok was the youngest of three brothers. Three of them are studying in Raffles Institution in Singapore. At that moment,Tan Sri Robert Kouk had the chance to built up his English communication skill and this help him a lot in building his business empire.

Tan Sri Robert Kuok Hock Nien and the Kuok Foundation House at Singapore

How Tan Sri Robert Kuok develop his business
Upon finish his studies in Raffles Institution in Singapore, Tan Sri Robert Kuok worked in grains department of Mitsubishi, a Japanese industrial conglomerate, between 1942 and 1945. After his father died, Robert Kouk and his two brother start their own business which is trading in agricultural commodities and named as Kuok Brothers Sdn Bhd in 1949. Under the new post-colonial government, he was venture into being a sugar merchant, alongside the government and who would have thought that a few decades later, he would be controlling the sugar industry in the world.


Business Development
In 1962, the sugar merchant facing a great challenge which the supplied of sugar in Malaysia increasing dramatically. The supply of sugar from China and the price was cheaper than Tan Sri Robert Kuok. However, sooner Tan Sri Robert Kuok had found the solution which is taking the sugar supply from India. Tan Sri Robert Kuok continued to invest heavily in sugar refinery, controlling 80% of the Malaysian sugar market with production of 1.5 million tonnes per year which is equivalent to 10% of world production. This had made him called as "Sugar King of Asia".

In 1971, Tan Sri Robert Kuok had built the first Shangri-La Hotel, in Singapore. His foray into the Hong Kong properties began in 1977, when he acquired a plot of land on the newly reclaimed Tsim Sha Tsui East waterfront. And at here, Tan Sri Robert Kuok had built his second hotel which name as Kowloon Shangri-La.

In October 2009, Tan Sri Robert Kuok's PPB Group issued a statement to Bursa Malaysia, stating that it has decided to sell its sugar units to Felda, along with the land used to cultivate sugarcane, for RM1.29 billion.

Tan Sri Robert Kuok’s business interests now cover sugarcane plantations, sugar refinery, flour milling, animal feed, oil and mining to finance, hotels, properties, trading and freight and publishing.The Kuok group was also investing in many country which including Singapore, Thailand, Philippine, China, Indonesia, and Australia. The Kuok group is organized geographically under 3 main hold companies in Hong Kong, Singapore, and Malaysia.
(from http://malaysiafactbook.com/Robert_Kuok)

According to Forbes, Tan Sri Robert Kuok's real time net worth $11 Billion. He had been stated as the Chinese Malaysian tycoon made his fortune in sugar, palm oil, shipping and real estate. Here is the interview video of Tan Sri Robert Kuok with CCTV "Dialogue".





Source from:
http://www.nextupasia.com/richest-people-in-asia-as-entrepreneurs/
http://www.forbes.com/profile/robert-kuok/
http://fj.sina.com.cn/minshang/tttj/2014-09-03/15499049.html
http://malaysiafactbook.com/Robert_Kuok

Jan Koum

A Story from Poverty to Riches

Jan Koum
Biodate
Name: Jan Koum
Age: 39
Born: February 24, 1976, Kiev, Ukrainian SSR, Soviet Union  
Position: CEO of WhatsApp & Managing Director in Facebook, Inc

Reason I Choose Jan Koum
Have you guys ever find that now days people are used to looking at smartphone, sending Whatsapps message. And this WhatsApp application since 2009, are the first place in App Store, Google play in the downloaded list. So, how is this from happening? The founder, Jan Koum said before they are do one thing, and do it well! So this is the reason I want to discuss this entrepreneur, he is inspire many people especially in this technology era. He will never give up although being fail to work in Facebook company.

Entrepreneur is the people who able to see potential in the market and sets up a business, taking on financial risks in the hope of profit. Jan Koum had created a massive successful messaging company, in wikipedia, he had been choose as the entrepreneur list of 21st century and in Forbes he had been listed as an Entrepreneur with real time net worth as $6.8 billion.(http://www.forbes.com/profile/jan-koum/)

The Background
So who is this Jan Koum? An entrepreneur? A technician? A billionaire? In 19/2/2014, Forbes had post a news about the Jan Koum, the title which sound like "Exclusive: The Rags-To-Riches Tale of How Jan Koum Built WhatsApps Into Facebook's New $19 Billion Baby". Now, who is this Jan Koum? I am believe that no one knew him until he had create Whatsapps and successfully sold to Facebook with $19 billion.

The whole story is began when Jan Koum had buy an iPhone and he started realize that this will create a new  industry and able to bring a great fortune. Jan Koum was learning computer networking by himself at 18 years old by purchasing manuals from a used book store. After that he joined a hacker group called woowoo on the Efnet internet. He enrolled at San Jose State University and moonlighted at Ernst & Young as a security tester. In 1997 he met Acton, the co-founder of Whatsapps, and at that time they are not more than just a Yahoo employees. After over the year watched Yahoo go through multiple ups and down, in September 2007, Koum and Acton finally left Yahoo and took a year to decompress, traveling around South America and playing ultimate frisbee. Ironically, both of them are failed to work to Facebook but now turn up Facebook is buying their product.


The Business Development
The turning point is started at Jnuary 2009 and Koum buyan iPhone. He found out that the application having a great potential and able to bring new industry. Thus, he visit his friend Alex Fishmen and discuss about his idea. Later on, Koum decided to choose the name WhatsApp which sounded like "what's up". The reason is letting people to be more easy to contact and connecting to each other so that they are more closer to each other.

After decided what to be done, Jan Koum is persuaded Acton to join him. And at that time, the founder successfully form a small group from the Yahoo employees and able to pool $250,000 in seed money. In early 2010, Whatsapp is able bringing about $5,000 a month. In 2011, within one year, WhatsApp hit the top 20 in Apple's App Store.

The Legend
In 2014, Facebook had announced that buy WhatsApps, company with at most $300 million revenues, and 55 employees at the price of $19 billion. Undoubtedly, this news had surprise everyone and doubt that is WhatsApps worth so much? 

WhatsApp had more than 4.5 million users and this had show that Facebook is planning to dominate the message market era in mobile communication. This also will helping Facebook get into the teenagers who do not like mainstream social networks but like the instant messaging like WhatsApp and Line. 

From here we can see how a person is able to change from a poverty to the richest. Just like what the founder of WhatsApps said:"Do one thing, and do it well!"

Source:
http://en.wikipedia.org/wiki/Jan_Koum
www.forbes.com/profile/jan-koum/
http://mashable.com/2014/02/20/whatsapp-jan-koum-career/
http://www.popsugar.com/tech/WhatsApp-Founders-Jan-Koum-Brian-Acton-34113022