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Successful People talk about becoming their own BOSS, retiring RICH early and fulfilling their FULLEST POTENTIAL
Episodes
Monday Jul 24, 2023
Monday Jul 24, 2023
#retirement #malaysia #aged
EPF’s Nurhisham Hussein - Malaysia’s Retirement Crisis Is Already Upon Us
With costs outrunning salaries and a rapidly ageing population, Malaysia’s retirement time bomb has already exploded.
Nurhisham Hussein, a longtime professional acquaintance and Chief Strategy Officer at the Employees Provident Fund (EPF), Malaysia’s largest pension fund, talks to Khoo Hsu Chuang about some solutions, both at a personal and policy level. (Hint: they’re both painful.)
CONTENTS
00:02:41 - Snapshot of Malaysia’s Retirement Crisis
00:14:20 - What is the Policy Response?
00:18:04 - How Are People Getting By?
00:19:35 - Who Is Responsible For Your Financial Future? You? Or The State?
00:25:25 - What To Do About the Ever-Weakening Ringgit
00:29:26 - Undeclared Assets
00:33:49 - Nonexistent Financial Literacy
00:38:29 - Priority List of Financial Planning
00:44:50 - Can Malaysia Raise Taxes Like in the West (to Pay for Social Safety Nets)?
00:48:09 - Do Subsidies Result in a Culture of Mediocrity?
00:50:10 - The Singapore Comparison is Painful
00:52:19 - Direction of Structural Reform
01:00:52 - How Both the State and Private Sector Can Rethink Retirement
01:04:17 - How Good Health is Instrumental in Old Age
01:06:00 - What’s the TL:DR Here? A Summary
01:11:57 - For People, Rethink Retirement
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
---
FOLLOW HISHAM HERE:
Blog: http://econsmalaysia.blogspot.com
Twitter: https://twitter.com/econsmalaysia
LinkedIn: https://tinyurl.com/5ts79t5c
B: https://tinyurl.com/2dk6npbp
--
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
--
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Saturday Jul 15, 2023
Saturday Jul 15, 2023
#China #War #ASEAN
Loh Wei Hoong - China: an Autocratic Warmonger or ASEAN’s Biggest Opportunity?
China is the biggest enigma of our time. For us in ASEAN, she is either our biggest threat or our greatest opportunity. Or can China be both?
The more viewpoints we have, the more data points we can obtain to triangulate our opinions to form an educated guess.
Loh Wei Hoong, a longtime educator, investor and entrepreneur in China and Vistage chair, shares his point of view with Khoo Hsu Chuang.
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
CONTENTS
00:02:34 - Who is Loh Wei Hoong?
00:06:47 - What Should People Know About China?
00:10:50 - Working Hard …
00:17:39 - China’s Flaws ..
00:19:28 - What About Hong Kong?
00:26:36 - The Thucydides Trap
00:27:52 - And the Kashmir Region?
00:29:16 - Will China Declare War on Taiwan?
00:31:41 - US-China War: Who Wins? How Do We Prepare?
00:35:06 - War Is Inevitable
00:37:18 - Why America Wants to Fight with China
00:40:46 - Does America Rescue Taiwan?
00:44:48 - Is America $trong Enough to Fight China?
00:46:39 - How Malaysia Positions Itself
00:49:55 - Does China Leave Malaysia Alone?
00:52:10 - The Nine-Dash Line
0:53:50 - China’s Covid Policy
01:04:29 - The Global Population Dilemma
01:05:54 - Preparing for the Schoolyard Battle
01:09:50 - Does Malaysia Have the Right Leadership?
01:12:36 - Nusantara …
-- Follow Wei Hoong here:
At Vistage: https://vistage.com.my/loh-wei-hoong-chair-profile/
On SafetyWare Board: https://safetyware.com/board-of-directors/
--
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Saturday Jul 01, 2023
Saturday Jul 01, 2023
#war #inequality #nuclear #economy
Professor KS Jomo - Facing Up to War, the Military Industrial Complex, Food Security and Central Banks
Professor KS Jomo is one of Asia's most prominent economists of our time, having spent much of his career examining the challenges besetting the growth and development of emerging market economies in Asia and Africa. This, in the context of the policies practised and fomented by some of the world's richest nations in Europe and North America.
Hailing from Penang, Malaysia, his journey took him from Penang Free School in northern Malaysia to Yale and Harvard Universities, amongst many august institutions including the United Nations, where he also lectured, wrote and spoke on subjects as diverse as the political economy, climate change, economic inequality and social development.
Here, he talks to Khoo Hsu Chuang about the challenges facing the world, emerging ASEAN and Malaysia, and what we can hope, as individuals, to do about it.
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
CONTENTS
00:00:00 - Intro
00:02:43 - From Westlands and Penang Free School to Yale and Harvard
00:07:17 - How Malaysia's Multiculturalism Informed Jomo's Approach to Economics
00:11:46 - Uncertainty Has Existed Before; How it Should Be Navigated Today
00:20:02 - The Fed's Free Money Policy's Impact on Inflation
00:21:42 - Is There a Conspiracy Theory Afoot?
00:25:58 - Dealing with the Rich-Poor Divide and the Rise of Ethno-Populism
00:32:27 - How Market Economics Foments Inequality and Formulating a 'Turn'
00:37:54 - Is Democracy a Flawed System?
00:43:57 - Is War Inevitable?
00:52:21 - How Does KS Jomo Deal with the Threat of War at a Personal Level
00:53:32 - The Doomsday Clock Ticks ..
00:56:57- Living Life Differently ..
00:57:51 - A Panacea for Remedy
01:01:33 - Choosing Between America and China
01:03:49 - Who Drives ASEAN's Peaceful Non-Aligned Movement?
01:03:49 - Is China As Militant as the West Would Have Us Believe?
01:10:33 - That Time When Jomo Backpacked to India
01:16:40 - What Keeps Jomo Awake at Night Right Now?
01:19:00 - Rules for Life
FOLLOW PROF JOMO HERE:
URL: https://www.ksjomo.org/
TW: https://www.facebook.com/jomo.sundaram.3
FB: https://twitter.com/ksjomo
---
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Tuesday May 30, 2023
Tuesday May 30, 2023
Pemandu’s Dato' Sri Idris Jala: The Leader Malaysia Could Have Had - But Didn’t
#Leadership #Turnaround #MAS #Proton #Malaysia
PEMANDU's Dato' Sri Idris Jala - The Leader Malaysia Could Have Had - But Didn't
Born in Sarawak as a devout Kelabit Christian, Dato' Sri Idris Jala wasn’t meant to work at Shell for 23 years. Nor was he meant to head Malaysia Airlines, help Proton in its turnaround strategy, work as a former Minister in the Malaysian government, much less advise governments and global corporations in socioeconomic affairs as Chairman of PEMANDU Associates.
And yet he did, thanks to a heady cocktail of destiny, faith and hard work, culminating in his current roles as Co-Chairman of Sunway, ProChancellor of Sunway University and Chairman of Heineken Malaysia, in between lecturing twice a year at Harvard University.
Here, he talks to Khoo Hsu Chuang about Leadership, Fate, Faith and Serendipity, while proffering original and practical suggestions for Malaysia’s woes.
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
CONTENTS
02:16 - Idris Sings His Own Composition: 'Malaysia's Got Blues'
02:30 - What happened When Idris First Appeared on BFM in September 2010
04:49 - 'My Ancestors Were headhunters, Born in the Jungle'
07:39 - What if Idris Were Born Rich?
08:10 - How Hunger Tastes
09:10 - How the British Army's Movies Changed Idris' WorldView
09:33 - What Were Some Breaks Idris Received?
12:52 - The Role of Fate in One's Life: Destiny's Role
14:38 - Knowing One's True North
15:10 - The Moment When Idris Discovered His Life's Meaning, During The Barrio Revival
18:59 - What of Atheism?
19:31 - How did the Rest of the Cohort Do in Life?
20:15 - Idris' Career in Shell and on to National Duty
23:21 - Some Key Principles of Turning Around a Company
29:17 - Malaysia's GLC Challenges
31:42 - Dealing with MAS' Huge Excesses
37:20 - The Discipline to Ensure the Positive Changes Remain
38:52 - Weaning Malaysia Off Its Addictions
41:03 - The GST Discussion
45:52 - The Right People For a Turnaround Situation
47:13 - How to Deal with Fuel Subsidies
49:12 - Should Zombie GLCs Die? (Proton...)
52:37 - How Can Malaysia Be Turned Around?
54:14 - What is a 'Quality Graduate'?
57:26 - What's Most Important about the Education Journey
1:00:11 - Five Key Turnaround Strategies
1:02:11 - What Does it Take to Lead? To Inspire?
1:06:58 - Shell's Four Traits of a Top Leader
1:09:41 - Leadership in the 21st Century
1:11:47 - Covid Almost Closed PEMANDU - What Happened Next?
1:19:46 - Idris' Rules for Life
1:23:12 - Putting the Game of Impossible Into Play: What's Involved?
1:26:29 - The Impossible Task Idris Has Set Himself
1:29:49 - That Time When Idris Met Lee Kuan Yew
1:33:15 - What’s Malaysia's Impossible Task?
..
Follow Idris here:
Twitter: https://twitter.com/IdrisJala_
At Pemandu: https://pemandu.org/
Wikipedia: https://en.wikipedia.org/wiki/Idris_Jala
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Wednesday May 10, 2023
Wednesday May 10, 2023
#property #realestate #reit #malaysia #klangvalley #singapore
Knight Frank’s Justin Chee - Is The Malaysian Property Market Finally Coming Back?
Knight Frank Malaysia’s Executive Director Justin Chee shares his thoughts on the Malaysian property market and the new areas for property investment, which has always been a good hedge against inflation.
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
--
CONTENTS:
00:00 - Intro
00:18 - Health of The Local Property Market
01:21 - Explaining the Cycles in Malaysia’s Property Market
03:25 - How Strong Will the Next Property Rally Be?
04:23 - How and Why is the Property Market ‘Protected’?
06:00 - What is the Appeal of Property?
07:40 - The Interest in Property is Broad-Based
11:00 - And Then There Are REITs: How Do They Work?
13:38 - Which REITS to Buy?
17:15 - Prices Will Always Increase
17:52 - Factors For Buying a Real Property
19:40 - Established Areas? Or New Up-and-Coming Areas?
21:35 - The Interest Rate Factor
24:45 - Views on New Townships
25:48 - Is Urbanisation Still Happening?
26:34 - Why Is Outstanding Loan Still So High After Paying For So Many Years?
28:55 - How to Benefit From Housing Loan
29:35 - How Is Property a Hedge Against Inflation?
32:00 - How To Select Which REITs to Buy (Local vs Foreign, Sectors etc)
33:30 - The FX Element in Buying Foreign REITs
35:35 - Keppel DC REIT: The Data Centre Theme vs Interest Rate Direction
38:00 - The Yield Discussion: Which Ones Are Blue Chip REITs?
41:20 - Sunway REIT Buying EPF’s Hypermarkets .. What Does This Mean? (IMPORTANT!)
43:05 - So .. REITs Can Now Undergo Development?
44:18 - What Are the Trends Shaping Malaysian Real Estate?
49:02 - Does Malaysia Have Enough Electricity to Drive Huge Data Centres?
50:20 - Final Words on Property Investment
--
CONTACT JUSTIN HERE:
LinkedIn: https://www.linkedin.com/in/justin-chee-kfm
Knight Frank: https://tinyurl.com/2s3j4bmj
--
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Monday Apr 10, 2023
Monday Apr 10, 2023
#investing #antifragile #change
Penjana Kapital’s Taufiq Iskandar: ‘Read, Adapt, Antifragile’
Malaysians have a chance to prosper in an uncertain yet unexciting future but first they must learn to shed old habits while adopting new approaches that appear daunting at first, says Taufiq Iskandar, CEO of Penjana Kapital, whose mandate is to assist in ensuring Malaysia’s success.
CONTENTS
00:00 - Intro
00:39 - The Unpredictability of Today's World
01:54 - Applying the Knowns and Unknowns to Investing Decisions
04:58 - What Happened in Nov 2021? Everyone Lost Their Pants!
07:03 - So How Does Joe Public Deal With Uncertainty?
08:34 - How Do Structured People Deal With Uncertainty?
11:07 - Of Margins of Safety ..
13:45 - Financial Literacy Advice
16:28 - What of Scams?
17:44 - Choosing the Right Investment Classes
20:45 - Asset Allocation Strategies
21:45 - Information Asymmetry in Investments
22:58 - Do Investment Professionals Perform?
23:32 - Where Do Markets Go in the Next 3-5 Years?
24:55 - Best Places to Invest?
26:12 - The Evaluation Process?
27:39 - Research Does Not Mean Just Reading
28:02 - Marks and Spencers - An Example of Value Investing for Taufiq
30:01 - Wherein Crypto, MegaTech?
31:00 - And Property, Real Estate?
32:49 - What Does Wealth Mean?
34:50 - What Does the 99% Do?
35:56 - Wealth Disparities and What it Means for Society
37:17 - Boom and Bust Cycles
38:47 - Will War Break Out?
40:57 - Where Does Malaysia Go From Here?
43:20 - Where are the Statesmen?
47:04 - What is the Road Ahead?
47:45 - What Amounts to Adaptability?
48:58 - Should Malaysia's Assistances Be Dismantled?
50:13 - Taufiq's Three Nuggets of Wisdom
(Many thanks to the Asia School of Business for their collaboration with The Do More Podcast, in whose studio this conversation was recorded. The Asia School of Business is a partnership between MIT Sloan School of Management and Bank Negara Malaysia).
--
Follow Taufiq here:
LinkedIn: https://www.linkedin.com/in/taufiq-iskandar-088543a/
IG: https://www.instagram.com/taufiqiskandar/
..
Follow Penjana Kapital here:
https://www.linkedin.com/company/pksb/
---
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang/
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Saturday Mar 18, 2023
Saturday Mar 18, 2023
#ula #ecommerce #Internet #Indonesia
Ula's Nipun Mehra: Conquering Indonesia's Vast and Fast-Growing E-Commerce Market
Nipun Mehra, the Founder and CEO of Indonesia-based e-commerce firm Ula, came to entrepreneurship late in life, having first worked at
Sequoia Capital, Flipkart, Pine Labs, Amazon and Boston Consulting.
The delay didn't hurt though, with Ula now counting Jeff Bezos, Prosus Ventures, Tencent and B-Capital Group among its investors, hoping to capture a portion of the $300B+ retail market in the region.
This is his story and life- and business lessons.
(This interview was part of a collaboration with CGS-CIMB and Endeavor Malaysia as part of the 'Thought Inspire' Series, filmed at the Asia School of Business, a partnership between MIT Sloan School of Management and Bank Negara Malaysia.)
---
CONTENTS
00:00:00 - Intro
00:00:53 - Which Came First: Employment or Entrepreneurship?
00:03:22 - Get a Job First?
00:05:05 - When Was the Plunge Taken?
00:06:11 - Which Skills Were Most Valuable?
00:07:15 - What Do Blue-Chip Investors Like Sequioa Seek in Entrepreneurs?
00:12:49 - Does Academic Excellence Matter?
00:15:31 - Should Entrepreneurs Expand to Indonesia, ASEAN's Biggest Market?
00:18:24 - In New World Order, Should Entrepreneurs Pivot to Profit Instead?
00:22:08 - How To Choose A Market to Operate In?
00:28:46 - In Tech, Layoffs & Cost Cuts. Discuss.
00:31:19 - Have Valuations Suffered in the Current Market Conditions?
00:34:48 - Managing Investors When Valuations Fall
00:38:27 - Where to List? Asia or US?
00:42:36 - Why Did Jeff Bezos Invest in Ula (And In His Personal Capacity)
00:45:31 - Nipun's 60-Second Pitch to Amazon's Jeff Bezos
00:46:20 - What Does it Take to Succeed in Indonesia?
00:48:18 - How to Scale In Indonesia
00:49:26 - How to Develop Expectations Jointly With Investors
00:52:40 - What Are Tencent's Expectations?
FOLLOW NIPUN HERE:
LinkedIn: https://t.co/8lI1IVZcuf
Twitter: @nipunmehra
Endeavor: https://endeavorindonesia.org/nipun-mehra/
---
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang
..
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Wednesday Feb 15, 2023
Wednesday Feb 15, 2023
Richard Eu is the great-grandson of Eu Kwong Pai, who founded the traditional Chinese medicine (TCM) business Eu Yan Sang, which first began in Perak, Malaysia in 1879. He has been credited not only with keeping the 144-year-old brand relevant and thriving, but also for wresting back control of the business from Lum Chang in a series of buyouts, listing (and de-listing) the company on the SGX and steering the brand into the digital age.
Like most scions of multi-generational, successful family businesses, Richard rarely appears in the public eye. Which makes his views, in this rare appearance, of issues like breaking the three-generation family curse, IPOs, motivating wealthy children and having Temasek as a shareholder all the more valuable.
(This interview was part of a collaboration with CGS-CIMB and Endeavor Malaysia as part of the 'Thought Inspire' Series, filmed at the Asia School of Business (a partnership between MIT Sloan School of Management and Bank Negara Malaysia)
..
Follow Richard and Eu Yan Sang here:
Wikipedia: https://en.wikipedia.org/wiki/Richard_Eu
Tatler: https://www.tatlerasia.com/people/richard-eu
LinkedIn: https://www.linkedin.com/company/euyansang
..
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: https://www.instagram.com/khoohsuchuang
..
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Friday Jan 27, 2023
Friday Jan 27, 2023
EP Plus’ Pang Tse Ming: Profitable, Innovative and Altruistic
Tse Ming is the founder and CEO of EP Plus, a healthcare and pharmaceutical company he founded to escape his humble beginnings.
Now profitable and exploring a regional expansion into three more countries on top of the existing three (Malaysia, Singapore and Indonesia), the company’s focus has shifted to also incorporate Innovation and Altruism
CONTENTS
00:18 - Kuala Pilah, Sports, Risk-Taking and Being a ‘Have-Not’
03:15 - Where the Hunger Came From
03:53 - How the Business Started
05:23 - Three Turbochargers
07:10 - Fertility is Dropping: Why?
08:48 - How Is Business?
10:50 - Healthcare: Always a Strong Business
12:57 - What Keeps You Awake at Night
14:31 - Benefits of Being a Private Business
15:14 - Keeping Staff Motivated: How?
16:09 - Will You Sell Any Shares?
16:43 - IPO? Private Equity?
17:41 - What’s the Company Culture?
19:30 - How to Build a Successful Business?
21:55 - Advice to the Young Businessman
..
Follow Tse Ming Here:
URL: https://epplusgroup.com/master-marketeer/
LinkedIn: https://my.linkedin.com/in/tse-ming-pang-9b114b38
..
Follow Chuang here:
LinkedIn: https://www.linkedin.com/in/hsu-chuang-khoo-ab199343/
FB: https://www.facebook.com/khoo.chuang/
IG: www.instagram.com/khoohsuchuang
---
Follow DoMore here:
WEBSITE: https://www.domore.my/
YOUTUBE: https://www.youtube.com/c/DoMoreTakeChargeofYourLife
ITUNES: https://apple.co/2lQ47mS
GOOGLE PLAY: https://bit.ly/3b1l8iO
SPOTIFY: https://tinyurl.com/y6zufvcp
PODBEAN: https://domoreasia.podbean.com/
INSTAGRAM: https://www.instagram.com/domore.asia/
Thursday Jan 12, 2023
Thursday Jan 12, 2023
#healthcare #pharmaceuticals #business
Medispec's Teng Beng Lee -- From Fighter Pilot to Successful Business Exit
From humble beginnings in Penang, Malaysia, to wanting to become a fighter pilot in the SIngapore army and then into business having obtained his first product from Thailand, determination marked Teng Beng Lee's success in business.
(Vistage Malaysia engaged Do More to conduct this interview. Vistage is the world’s largest CEO coaching and peer advisory organisation for small and midsize business leaders, with over 27,000 members worldwide.)
---
CONTENTS:
00:00:51 - Hitchhiking to Singapore to Become a Fighter Pilot
00:03:10 - A Sister's Help to Starting in Business
00:03:58 - No Such Thing as Failure
00:04:26 - The Power of Passion
00:05:34 - How Beng Lee Secured his First Medical Product .. at the Expense of Sime Darby
00:08:21 - Growth .. How?
00:09:00 - Business Principles to Live By?
00:09:42 - Healthcare: Recession-Proof
00:10:05 - Why Only Asian Generic Drugs?
00:11:17 - Why Exit?
00:11:57 - Creating Value for an Exit: How?
00:12:55 - Fighting Complacency
00:14:12 - Why Become a Businessman?
00:15:00 - What It Takes to Succeed
00:15:28 - How to Stay Motivated
00:16:38 - Why Sell and Not Keep?
00:17:31 - The Process of Selling to Ekuinas
00:18:10 - Post-Retirement Plans?
00:18:57 - What's Most Important Now?
00:19:19 - Advice to His Children?
00:19:52 - Investing Advice?
Follow Beng Lee here:
IG: https://www.instagram.com/blteng/
Vistage: https://vistage.com.my/taking-charge/
Follow Chuang here:
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuan...
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