1.1 Networked (Li Ka Shing)
Before online business networking,
there existed face-to-face networking for business. This was achieved through a
number of techniques such as trade show marketing and loyalty
programs. Though these techniques have been proven to still be an effective
source of income, many companies now focus more on online marketing due to the
ability to track every detail of a campaign and justify the spend involved in
setting up one of these campaigns. "Schmoozing" or "rubbing
elbows" are expressions used among professional business professionals for
introducing and meeting one another in a business context, and establishing
business rapport.
Many business use networking as a key
factor in their marketing plan. It helps to develop a strong feeling of trust
between those involved and play a big part in raising the profile and takings
of a suppliers company and businesses can be seen as networked businesses,
and will tend to source the business and their suppliers through their existing
relationships and those of the companies they work closely with. Networked
businesses tend to be open, random, and supportive, whereas those relying
on hierarchical, traditional managed approaches are closed, selective, and
controlling. These phrases were first used by Thomas Power, businessman and
chairman of Ecademy, an online business network, in 2009.
In 1940, the billionaire fled with his
family from China to Hong Kong. At the age of 15 years, he quit school because
of his father’s death. He started working by selling plastic, belts watchbands
and flowers to raise money for daily bread. When he reached his early
twenties, Li was fortunate enough to begin with Cheung Kong Industries. In a span of few years he
became an illustrious name in Hong Kong. Known as Superman in
Hongkong, Li Ka Shing is the 11th Richest Man In The World with
an estimated wealth of $31.9 billion. Li Ka shing family originated from Chui Chow,
China. His father was diagnosed with Tuberculosis, which made Li take up the
family responsibility from a very early age. His father died at the age
of 15leaving him to be the only bread earner in the family. Due to war like
conditions in China, his family fled from China to Hongkong. Li Ka Shing mother
was Zhuang Biqin, who was a strong pillar of support to the family. Blessed
with three kids the, Li Ka Shing was the eldest child. The second son was Li
Jiazhao and a daughter Late Su Hu Li, who passed away.
Li Ka Shing married his maternal
uncle’s daughter Chong Yuet Ming. The couple has been blessed with two kids
named as Victor Li and Richard Li. Chong Yuet Ming died in the year 1990 in her
apartment. It is believed she died because of an overdose of sleeping pills. As
the Shing family followed Buddhist traditions, Chong Yuet Ming was buried
undertaking the same traditions.
A Hong Kong
is a businessman and philanthropist, he is one of the richest in Asia. As of
2015, Li Ka-shing has a net worth of US $ 33.5 billion. Born to poor parents in
mainland China, he lost his father at the young end, this led to him having to
start work at the age of 15. He first worked in a plastics trading company.
After gaining valuable experience working in the plastics industry, Li Ka Shing
may establish their own business, named Cheung Kong plastics company in year
1950.He has a wide network of business partners. He has used these networks to
obtain loans from the financial capital of its partners to buy its first
factory in 1958.
Over the following years he changed
the company's focus on plastic he eventually turned into a real estate
development and management company. Business is booming in recent years and the
company is renamed Cheung Kong Holdings. It was listed on the Hong Kong Stock
Exchange.He developed his business by taking over the Hutchison Whampoa of HSBC
in 1979. It added that the various industries with its existing business.
He runs an investment in container
port facilities around the world, including in Hong Kong, Canada, China, United
Kingdom, Rotterdam, Panama, Bahamas and many others. This shows he can expand
his business to countries outside of the country he has a good network of
partners.He has been involved in various business sectors such as real estate,
ports, electricity, telecommunications and the Internet.
Finally, Li Ka Shing cleverly uses its
network to expand its business abroad. This could prove an entrepreneur must
possess a series of running a business in this market. Although one of the
richest individuals in the world, he is known for being simple to practice a
frugal lifestyle.
1.2 Open
Risk Taker (Jimmy Choo)
The risk is that the measures taken
by an entrepreneur in running a business. Risk which is likely to happen to
that individual is high risk, medium risk and low risk. These steps depend on
the entrepreneur. Anyone want huge profits by investing substanial capital. It
also affects decisions entrepreneurs themselves, whether that decision is an
act wisely or not. As an example we take is an entrepreneur named Jimmy Choo.
As we know is Jimmy Choo well-known for its expertise in the field of fashion.
He is talented in producing high heels that have a class of its own. In other
words, high heels created by his exclusive and stylish. His high heels was
inspired by nature such as trees, flowers, and interior decoration where he
often visited. Jimmy Choo was born in Penang in 1961 into a family where his
father was also an expert in making shoes. He gained early exposure of his own
father. He attended primary school in Shih Chung Primary School and learning
until the end of his 12 years old. He succed to produce the first shoe at the
age 11 years old. He continued his studies in fashion in London. For the first
year of her parents defray the cost of his education, while for the next 3
years he worked part-time as a cleaner at the restaurant and also in the
tannery to cover the cost of his education there.
After his graduation in the field of
fashion, he took an open risk by trying to open a shoe store in a building
rented an abandoned former hospital site. For 4 years he endured grief because
his shoe sales declined. After trying hunched over 4 years, Jimmy Choo finally
get coverage in a fashion magazine Vogue Magazine in the UK. Jimmy Choo name
began to be known but unfortunately Jimmy Choo declining sales. Four years
later, when the late Princess Diana was pleased with his design and purchase
designer Jimmy Choo in 1990. Since then, Princess Diana was amazed by his
design. As a result, the name of Jimmy Choo grew up in the international arena.
Talent and his creativity in producing high heels internationally acclaimed art
of interest and guidance of his father. Jimmy Choo consistent in what is to be
produced quickly and do not have the excuses to easily give up and he already
made a name in the field of fashion. In fact, he is already on par with
international fashion designers.
To become a great entrepreneur and
successful they should make the study will advance the type business they run.
Before taking steps in their business should be involved in researching the
type of business they want to try like to ask the person who opened that
business type. This is important because we can anticipate what risks we will
face. To start a business is also in view of budget estimates. This is
important because if understated the budget of a business will not run smoothly
as planned. In addition, the risk of this type of advertising should also be
emphasized. This is because a product intending to be produced according to the
required budget estimates. The financial system in an important business
management to ensure smooth management smoothly.
Conclusion is, Jimmy Choo has its
own unique management style and caused him to attain a name in the
international arena and is known around the world. Jimmy Choo is an
entrepreneur who is not afraid to take any risks. For he, returns from the
risks taken will earn a good on his. Jimmy Choo has fulfilled the criteria of successful
entrepreneur in Malaysia. He also became an icon for future entrepreneurs who
wants to run a business. The idea of an entrepreneur should be creative and
other fresh from others. An entrepreneur always think outside of the box to
process each new invention and meet the customer.
1.3
Observant (Faiza Bawumi Sayed Ahmad)
Observant means quick to notice or
perceive things. In specific words, observant means someone who conscientious
in doing a job. This feature is important to be a successful person. As
evidence, Faiza Bawumi Sayed Ahmad is an owner of Syarikat Faiza Sdn. Bhd. .
Faiza is born on 1964 and have moved to Malaysia because she follow her
husband. Faiza fluent and can talk in
Malay language after only three month in Malaysia. Beside being aged of 60
years and the grandmother of 32
grandchildren, she also busy planning a strategy to strengthen and expand her
business to all over the world.
Syarikat Faiza did not succeed
easily. She start to sew with capital of RM 4 and in addition to selling a wide
range of groceries. Then, she switch to make curry spice under Bunga Raya
brands that is made at home and distribute them in stores. The capital from
selling the spice curry is used to open the grocery store. Faiza start to open
the grocery store as a core business. From there, she find that the wholesalers
are from the other races. At start of Faiza company, she learn to recognize the
different types of rice.
Before she selling the rice, she had
to go from one shop to another to get feedback if they want to buy her rice if
she sell it. In the year of 1992, Syarikat Faiza is officially become Syarikat
Faiza Sdn. Bhd and interweave the venture capital with Padiberas Nasional
(Bernas) in 1997. On a positive response, Faiza apply for a wholesalers and
selling rice license. Although the rival is quite intense, her business received
encouraging response. In early 1990,
people begin to insensitive to a method of manufacturing and content of food.
In 1998, she promoting Ponni rice from India which is good for
health, especially for diabetes, obesity and high blood pressure. Faiza said
that to prove the rice is good, her company has requested Universiti Putra
Malaysia (UPM) to make a study and the results are positive. Thus, it has been
proven that the feature that Faiza practiced have made her a successful
entrepreneur in Malaysia. Our country should be proud with entrepreneurs like
this in Malaysia and hope that the birth of new entrepreneurs in the future.
1.4
Visionary (Saiful Nang)
Saiful Nang professionally as the
well-known photographer have big influences among all others in Malaysia and
acknowledge as the leader in new troops of the millennium. He becomes as one of
the great success and visionary leader that able to overcome the tremendous
circumstances. His career becoming so
entertain, he has able to come back with the usage of friend’s DSLR camera from
his friends. This is the starting point, for his career as the photography
entrepreneur.
He has been awarded by the Media Corp
Asia as one of the best Asia’s photographer. This is one of the remarkable in
his industry achievement. Besides, he has also being awarded as the 20th
Successful Entrepreneur (Dewan Ekonomi (2011)). In addition, he has also succeed being
listed as in Top Ten Malaysians Individuals as in the name of Datuk Lee Chong
Wei and Tan Sri Tony Fernandez.
The most highly achievement in his
career when he formed most known professional photography named Candid
Syndrome. This innovative, creative and sophisticated ideas photography making
the company successful by taken several contracts with the outsider like
Indonesia, Brunei and Sweden.
He has famous as the ‘visionary
leader’ when he able to put the photography career being accepted as the
economical and profit oriented in the world wide. The company is not stop at
simple point but he lead to established the photography academy that named as
the ‘Saiful Nang Academy of Photography’ that nurtures almost 30, 000 of the
young and talented amateur in photography.
It is not the choices, if you start
something and not making any progress. As the talented persons, most visionary
leasers are going to finds the ways to contribute and making more expansion and
not try to restrict their self. Saiful Nang has grown the definition of the
photographer not only at certain occasion but able to sale it as the must
product for each corporate company. This is the characteristic that need to be
embedded in almost of the youngster nowadays.
1.5
Failure Is An Option (Tan Sri Tony Fernandes)
Succesfull entrepreneurs often not
easily discouraged when failure. At a difficult time, they are still looking
for opportunities. Most entrepreneurs believe that they learn more from failure
than success. As an entrepreneur, they will not run the risk of failure in
business. For an entrepreneur who has an open mind and are motivated, they will
assume faced failure in business is as a challenge to continue to progress and
be successful in the business. Examples of successful entrepreneurs after
dealing with failure is CEO Air Asia Tan Sri Tony Fernandes.
Tan Sri Tony Fernandes is a founder
and leading low-cost airline Air Asia. Tan Sri Tony Fernandes, who is now aged
48 and was born on 30 April 1964 to a family of Portuguese Goa (India) and
Portuguese Malacca. His father named Dr. Stephen Edward Fernandes and his
mother, Ena Dorothy Fernandez. Tan Sri Tony Fernandez wants to buy a company
that almost went bankrupt as a result of debt is too high and unable to repay.
Fernandes lease the house and use the savings to buy the company. Air Asia at
that time had two old Boeing airplanes, and owed a total of RM40 million.
Events at the time of purchase after
11 September 2001, namely a period of the worst in the history of commercial
aviation industry, causing people to argue that Fernandes had become crazy
because there are no people who dare to fly. They also predict that the company
Air Asia will go bankrupt. However after a year, Air Asia is able to explain
the entire debt, and no longer suffer losses. The reorganization Air Asia with
images and concepts that bring big changes and gain in a short period of time.
On December 28, 2014, he received the
sad news that one of the 8501 AirAsia plane has accident and crashed on the
island of Borneo, Indonesia. A total of 162 people were on the plane and all
were killed. It is very disappointing when the perception of people started
saying AirAsia is the cause of this incident and they already look down on this
company. However, for Tan Sri Tony Fernandes, this is
not a failure for everything. He was patient in the face of this tragedy and
try to take steps to compensate the victims of accidents. Victims not only
consist of Indonesian citizens, but also from other countries such as South
Korea, France, Malaysia, Singapore and the United Kingdom.
During the investigation period,
every corner of the airframe inspection and find the cause of this accident.
Many countries sent help search the wreckage and victims. Therefore, there are
many ways of settlement is made by the CEO of AirAsia to get back on track
after receiving a problem. After the incident, he sent each of its subsidiaries
to check the aircraft before take-off and step up security and passenger
aircraft. In conclusion, he proved that nothing is impossible in this world and
what is more interesting, module AirAsia's low fares services business, an
example of its rivals such as establishing Fireflyz MAS, SIA establishing Tiger
Airways and Qantas Airways to establish Jetstar Airways.
1.6 Open Culture (Steven Lim)
The concept of an open culture where
knowledge is that there needs to be freely distributed and growth through the
development, exchange and enrich the work of the existing on the basis of
partnership and cooperation without being bound by any rules regarding the
protection of intellectual property law
Some
examples of entrepreneurs who adhere to this concept is Steven Lim, who is the
founder of Secret Recipe. He was a creative and ambitious. Secret Recipe
existence began when he noticed a lack in food-based businesses in Malaysia and
established its first premises in Petaling Jaya. Due to lack of capital at the
beginning of the first outlet to advertise his marketing by offering free coffee
to customers. His desire to open an outlet in Orchard Road have lost because of
the brand Malaysia underestimated but he never gave up until the end Berjaya
well. Secret Recipe market now successfully reaching out to China, Australia,
the Philippines, Thailand, Brunei and some other countries that raise brand
Malaysia to a higher level.
In conclusion, Steven Lim is an
entrepreneur-featured open culture as he is able to detect shortcomings in the
food business and successfully create new concepts that fit a variety of walks
of life globally around the world.
1.7
Outcome Oriented (Mydin Mohamed Bin Ghulam Hussein)
Entrepreneurship is a critical
thinkers to produce products outside the box and beyond people’s expectations.
An entrepreneur never giving up in doing something till successful. They also
have a high desire in the success of their business. They will seek help
earlier entrepreneurs who have managed to get useful tips to use in the future.
An entrepreneur must be proactive, proactive means actively participating in
community service activities involving the public. They prefer the needs of the
public by not burdening them. Entrepreneurs take actions to sell their products
by offering a much lower price that they can get. As exampes of entrepreneurs
that can linked here is the founder of company Mydin Mohamed Holdings Berhad is
a Mr. Mydin Mohamed Bin Ghulam Hussein. He good at finding opportunities to
better known, with what he did he will be rewarded. Entrepreneurs must consider
that the needs of the public as well think profit alone. In addition, he can
also be an opportunity for workers to public.
Entrepreneurs are individuals who
see a potential in themselves . they will desperately working hard to make the
effort worthwhile and find fulfillment .It
is because entrepreneur have to aim the profit to make sure that their company
will always stable. They also do not think profit alone , but the
results can be used to contribute to communities. They are an important asset
to the country , as a result of their efforts that will bring honor to both
countries
1.8
Team Oriented (Steve Jobs)
Team work is a characteristic of
an entrepreneur. Team work means work or work performed in groups. Team work is
an important aspect that should be included in entrepreneur person. Successful
entrepreneurs have a great teamwork that can help him in his efforts to advance
any type of business. A good team work also can makes business carried durable.
For example, many successful entrepreneurs have a strong teamwork to help each
other in any types of problem or to solve the problem.
Steven Paul "Steve" Jobs (
February 24, 1955 – October 5, 2011) was an American information technology
entrepreneur and inventor. He was the co-founder, chairman, and chief executive
officer (CEO) of Apple Inc.; CEO and largest shareholder of Pixar Animation
Studios a member of The Walt Disney Company's board of directors following its
acquisition of Pixar; and founder, chairman, and CEO of NeXT Inc. Jobs is
widely recognized as a pioneer of the microcomputer revolution of the 1970s,
along with Apple co-founder Steve Wozniak. Shortly after his death, Jobs's
official biographer, Walter Isaacson, described him as a "creative
entrepreneur whose passion for perfection and ferocious drive revolutionized
six industries: personal computers, animated movies, music, phones, tablet
computing, and digital publishing.
This characteristic can be seen by
the figure of Steve jobs. Steve Jobs is the most famous entrepreneur whose his
work been used all over the world. Steve Jobs was originally just a worker in
Atari Ins. Through this work of Steve Jobs talent in the field of computing.
Recognizing his interest more inclined towards the computerization Steve Jobs
and his friend Steve Wozniak decided to set up a company called Apple.
It was not easy to make Apple as a
known brand. There are many challenge that Steve Jobs and Steve Wozniak have to
face such as they do not have enough worker and they also do not have a real
premise. But this challenge does not make Steve Jobs and Steve Wozniak give up.
They survive and work by each other. They took 10 years to develop the Apple
and to make a company known throughout the country.
Steve Jobs and his team not only can
work together to produce a product that is absolutely perfect, but they can
also keep the company's secrets. For example, information about the latest
product to be released by Apple has never leaked by a team of Steve Jobs. We
can only find out information about the product through a press conference held
by Apple. Good cooperation between Steve Jobs and his team managed to prevent
competitors to imitate their products.
Now Apple was a great company that
produce electronic gadget that been used by everyone. In conclusion, the team
work between Steve Jobs and Steve Wozniak was one factor that lead to the
company Apple is known worldwide.
1.9
Proactive (Datuk Wira Dr. Maznah)
According to the Student Dictionary
Second Edition, proactive means to be positive with the drafting and control
measures taken much earlier than expected will force things or events. Datuk
Wira Dr. Maznah is Executive Chairman of Securiforce. She was proactive and
managed to make Securiforce as a security company in Malaysia. Not only that,
she has also been successful with expanding services Securiforce to logistics
(handle cargo by air, sea and land as well as a system of warehousing and
distribution integrated), cash management, high - tech cargo management,
service 'armored trucking, and various services other.
One of its companies, Transport Company
Sdn. Bhd provides electronic security services such as installation of CCTV
cameras, central monitoring system, electronic card access system, fire control
system and the supply of equipment for institutions of higher learning. This
achievement not expected by the public because they remember Securiforce
service only limited to the control of safety standards and service
Cash-In-Transit. She was a normal woman, but she held fast to the principle of
'we must be willing to work more than the salary paid, then eventually we will
get more of what we do'. This principle has enabled her to achieve the success
that smart in his life.
Before she decided to get involved in
the field of security services, her almost daily visits to the house foreign
embassies due classroom teaching there and found the dignitaries were among the
key targets for this service which has many security guards, thus she has no
intention of try out the business of security. She and her husband have taken
over security company in 1980 by naming Securiforce Sdn. Bhd with their
savings. Beginning with this company is actually very difficult because she did
not have the financial resources (bank loans can not), but she was forced to
sell your home and rent a house in a slum without electricity for two years.
The consistency she has won the title
of 'iron lady' because she survived all the hardships. During interviews with
reporters, she said the wealth of experience that is taken from the beginning
to the end she managed to maintain a system to cause a sophisticated and
comprehensive security at this time. Her proactive attitude more persistent
record that she has managed to become the first Malaysian woman to take care of
security companies. In fact, she has several subsidiaries that are thriving in
the real estate field. Among them is Lake Fair, property developers in Bandar
Tun Razak, Cheras who build condominiums along the exclusive penthouse.
Moreover, due to changing global
demand, Securiforce has been expanding internationally by establishing
Securiforce logistics (shipping agent land, sea and air) to meet current needs.
His business internationally, including Asia, Europe and the Middle East.
Furthermore, Securiforce Logistics has branches in Singapore, Bangkok, China,
Korea, Turkey and Germany. His achievements are impressive everyone. The
principle of his success is 'actual business capital is itself'. In his book
Hunting Success Motivation, words that inspire the spirit of the book reads,
"we should not just be an observer to the success of others. Grab business
opportunities that always abound in our own country.
