JF Technology’s Dato’ Foong Wei Kuong: Malaysia’s 5G Flagbearer in China

#5G #China #Chips

JF Technology’s Dato’ Foong Wei Kuong: Malaysia’s 5G Flagbearer in China 

Dato’ Foong Wei Kuong heads the fast-rising semiconductor company JF Technology Bhd (JF Tech), which he founded in 1999 and grew into one of the top three test contacting solutions providers in the world with over 200 MNC clients and owner of 68 patents filed worldwide. 

In 2020, Dato’ Foong led JF Tech into China via a 5G partnership with Huawei, gaining access to her vast market of over 1.4 billion people.

(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.)

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CONTENTS 

00:24 - Born Poor: What Do You Do Next? 
02:33 - There Was A Guru: What Did He Teach? 
04:07 - From Country Manager to Starting JF Tech: How? 
05:50 - Faith: How Does It Help? 
07:08 - Dato Foong’s Success Factors 
09:38 - How a Business Network Helps 
10:53 - What Keeps Dato Foong Up At Night? 
13:23 - Management Tips and Techniques 
15:43 - Implementing Multiple Growth Engines 
17:32 - What It Takes to Partner a Giant Like Huawei 
18:37 - What It’s Like to Do Business in China
19:27 - Different Business Styles: China vs US 
21:05 - Will China and the US Go To War? Will We Need To Choose Sides? 
21:58 - Advice to Entrepreneurs 
22:46 - Where Will JF Tech Be in 2032? 

..

Follow Dato’ Foong and JF Tech Here: 
URL: www.jf-technology.com
LinkedIn: https://my.linkedin.com/in/wei-kuong-foong-5b4119b9

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Follow Vistage Malaysia & Singapore Here:
URL: https://vistage.com.my/
FB: https://www.facebook.com/VistageMalay...
LinkedIn: https://www.linkedin.com/company/vist...
To Become/Refer A Member: https://vistage.com.my/membership/mem...
To Become A Vistage Chair: https://vistage.com.my/vistage-chair/... ..

..
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: instagram.com/khoohsuchuang/

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Follow DoMore here:
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Dato’ Sharil Tarmizi - Entrepreneur, Policymaker, Investor

#Entrepreneur #Investor #Malaysia 

Having held key positions in public life with Malaysia's telco regulator MCMC and in the International Telecommunications Unions (ITU), Commonwealth Telecommunication Organisation, World Bank and the United Nations Development Program, Dato' Sharil Tarmizi has a unique viewpoint on the local and international regulatory landscape. 

He has successfully parlayed this with his own background in law to invest in his personal capacity in some of Malaysia's most successful startups, while continuing to play a directorship role in PLCs, GLCs and private companies like POS Malaysia, Digital Nasional Bhd, Amanat Lebuhraya Rakyat, Civil Aviation Authority of Malaysia, Opcom Holdings, Bina Darulaman, Privasia Technology, QuantePhi Sdn Bhd, Lotus Cars UK, Endeavor Malaysia, Multimedia Development Corporation and BinaFikir Sdn Bhd.

In this latest edition of the Do More Podcast's Think Inspire Series with Endeavor Malaysia and CGS-CIMB, Sharil shares some of his wisdom and experience with Khoo Hsu Chuang.

..

CONTENTS: 

00:01:45 - What Sharil Looks For Before Investing in a Business 
00:02:42 - What Makes a Good Entrepreneur? 
00:04:36 - Lessons Learnt From Passing on Twitter (!) 
00:08:08 - Metrics to Seek When Analysing a Business? 
00:10:11 - Key Differences Between US and Asian Startups 
00:12:06 - Why Do These Differences Exist? 
00:14:31 - There Are Different Types of Entrepreneur .. 
00:18:25 - The Trouble With Too Many Handouts 
00:20:54 - Malaysia’s Entitlement Malaise
00:27:00 - Does Malaysia Inc. Stymie Entrepreneurs? 
00:29:14 - Malaysia’s 5G Lethargy - Why? 
00:34:26 - Dealing With Structural Limitations 
00:37:58 - Should the Govt Shrink? 
00:41:05 - Govt Engagement and Policy: Sufficient? 
00:46:53 - What’s Wrong With a Foreign Listing?
00:49:52 - Advice To Entrepreneur in a Competitive ASEAN 
00:52:53 - No Safety Net: What Happens? 
00:55:12 - Older Entrepreneurs Means Experience 
00:56:10 - One Rule Above All to Succeed in Business 

--- 

Follow Dato’ Sharil Here: 

ZICO: https://zico.group/people/dato-mohame...
LinkedIn: https://www.linkedin.com/in/sharil-ta...
Crunchbase: https://www.crunchbase.com/person/dat...

--- 

Follow Chuang here: 
URL: http://www.domore.my/
LinkedIn: https://www.linkedin.com/in/hsu-chuan...
FB: https://www.facebook.com/khoo.chuang/
IG: instagram.com/khoohsuchuang/

--- 

Follow DoMore here: 

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Carsome’s Eric Cheng - Malaysia’s First Unicorn

#cars #IPO #ecommerce 

Carsome's Eric Cheng - Malaysia's First Unicorn 

In just 7 short years, Carsome's Eric Cheng has built Malaysia's first unicorn, thanks to years of hard grinding and a dogged will to succeed, following years of failure.

Find out what it takes to build a unicorn (ie a company worth a billion US dollars or more) in this day and age. 

00:00:58 - How A College Dropout Starts A Unicorn 
00:04:22 - Building Resilience -- 'Armour' -- Bouncing Back From Failure 
00:06:54 - Eric Executes Really, Really Well - Where Did He Learn It? 
00:09:42 - From Employee to Entrepreneur 
00:14:02 - Management Lessons From Left Field 
00:18:25 - Where Do You Find Good People? 
00:22:40 - The Right People For Regional Expansion 
00:26:41 - Playing the Unicorn Game 
00:28:40 - What Data Does Eric Use to Plan? 
00:30:37 - Profiling Customers in a Disparate ASEAN Market 
00:34:12 - Challenges of Regulation? Policy? 
00:36:52 - Dealing with Volatile Times 
00:39:16 - Dealing With Negative Sentiment to Tech 
00:41:38 - Can ASEAN Unicorns Ever Surpass American Unicorns? 
00:43:35 - Can Carsome Go Global? 
00:45:22 - Advice to Aspiring Entrepreneurs 
00:47:46 - What Defines Passion? 
00:50:10 - What Will Light Your Fire? 
00:51:04 - What Doesn't Kill You .... 
00:53:30 - Lessons From WeWork 
00:55:08 - What the Future Holds for Carsome 
00:56:55 - The Biggest Risks?
00:58:03 - Where Carsome is in 6 Months .. 

---

FOLLOW ERIC HERE:  
IG: https://www.instagram.com/ericccccccc/ 
FB: https://www.facebook.com/Im.Eric.Cheng 
LinkedIn: https://www.linkedin.com/in/ericcheng85/ 

FOLLOW CARSOME HERE: 
IG: https://www.instagram.com/carsomemalaysia/ 
FB: https://www.facebook.com/Carsome.my 
LinkedIn: https://www.linkedin.com/company/carsome/

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: 

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Enjoy Life! Carpe Dieme!

Loi Tuan Ee of Farm Fresh - The Ethical Entrepreneur

#Dairy #Milk #IPO

Loi Tuan Ee of Farm Fresh - The Ethical Entrepreneur 

Loi Tuan Ee was 42 years old, married and mortgaged when he decided to leave his cushy corporate job in packaging to start a food-based business in Johor, Malaysia. Sixteen years later, Farm Fresh has become a RM3 billion company with operations in Malaysia and Australia and markets all over the world. 

In this, the third of six special interviews with some of Malaysia’s largest and most successful entrepreneurs in collaboration with CGS-CIMB and Endeavor Malaysia, Khoo hsu Chuang speaks to Loi about his colourful story and his journey to the top. 

--

Contents: 

00:58 - Leaving a Highly Paid Job In His 40s to Start Farm Fresh 
03:13 - Conquering The Fear 
04:19 - Starting With Goats and Fish! 
05:46 - Raising Money, Asking Azmi to Join, Khazanah’s Entry 
08:03 - The Early Challenges 
10:49 - Starting a Consumer Brand Today 
13:26 - How Do You Grow Without Raising Prices? 
17:47 - Absorbing Inflation For Customers Benefit 
20:17 - Expanding Into the Region 
21:50 - New Markets in Infant Formula 
24:16 - Is Milk Advertising Unethical? 
26:30 - Succession and The Challenges of Keeping to the Brand Promise 
29:04 - Why Did You Decide to IPO? 
30:54 - Expanding Into ASEAN 
33:11 - Dealing With Distance, FX 
34:29 - The Indonesia and Philippines Markets 
36:50 - Ethical Advertising and ESG 
40:14 - Labour Shortages 
42:19 - Becoming a Dollar Unicorn 
44:19 - Life as a Listed Company 
47:21 - Skills Sets Sought Out By Big Investors 
49:03 - Major Compliance Hurdles? 
50:20 - How Important Are the Accountants and Legal Team 
51:43 - Three Pieces of Advices for Entrepreneurs 
56:29 - Sacrifices .. 

--- 

Follow Loi and Farm Fresh here: 

URL: https://www.farmfresh.com.my/ 
Endeavour: https://www.endeavormalaysia.org/people/Loi-Tuan-Ee 
LinkedIn: https://tinyurl.com/ycktfuk8 
FB: https://www.facebook.com/farmfreshdairyproduce/ 
IG: https://www.instagram.com/farmfreshmilkmalaysia/ 

--- 

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: www.instagram.com/khoohsuchuang 

--- 

Follow DoMore here: 

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Chandran Nair - Change Is Still Possible in Malaysia

#Malaysia #Change #EndRacism

Chandran Nair - Change Is Still Possible in Malaysia 

Chandran Nair is a Malaysian businessman and founder of The Global Institute for Tomorrow, an independent think-tank based in Hong Kong.

This is his second appearance on Do More,  discussing, amongst other issues, his latest book, titled 'Dismantling Global White Privilege: Equity for a Post-Western World', which argues the case for a more equitable distribution of wealth, power and resources in a fast-changing New World Order.

CONTENTS 

00:01:52 - Reflections of the Russia-Ukraine War
00:04:21 - Making Sense of Asia’s Place in a Changing World Order 
00:07:23 - Asia Lacks a Globally Credible Homegrown Media Platform 
00:11:40 - Must ASEAN Choose Between the US and China? 
00:14:32 - Asia Must Dismantle European White Privilege 
00:17:21 - What to Expect From a China/Russia Alliance
00:20:34 - What’s China's Version of Global Supremacy?
00:24:11 - Is China Ready for Leadership? 
00:26:50 - Are Western ‘Democracies’ Truly Democracies? 
00:30:10 - Malaysia Still Suffers From Institutional Racism 
00:34:46 - Can Change Ever Happen? 
00:39:41 - Self-Censorship Still Exists in Malaysia
00:41:09 - Wherein Freedom of Speech? 
00:46:42 - What is the Malaysia Anti-Racism Institute (MARI)
00:52:47 - Can Malaysia Change Gears to Become an Anti-Racism Hub? 
00:55:11 - Change Is Simple

..

Follow Chandran here:

LinkedIn: https://www.linkedin.com/in/chandran-nair-57184418a/?originalSubdomain=hk
At the Global Institute for Tomorrow (GIFT): https://global-inst.com/our-team/
Wiki: https://en.wikipedia.org/wiki/Chandran_Nair_(businessman)
World Economic Forum: https://www.weforum.org/people/chandran-nair
URL: https://global-inst.com/

..

Follow Khoo Hsu 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: instagram.com/khoohsuchuang/

..
Follow DoMore here:
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ITUNES: https://apple.co/2lQ47mS
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How Fadza Anuar & Vivy Yusof Built a MULTIMILLION-DOLLAR Brand Fresh From University

#modestfashion #muslimah #ecommerce #fashionvalet

How FashionValet’s Fadza Anuar & Vivy Yusof Built a MULTIMILLION-DOLLAR Brand Fresh From University: Challenges, Work-Life Balance and Parenting 

This is the story of how a young couple from Malaysia built a multimillion-dollar modest-fashion global brand named FashionValet fresh out of university with no business experience whatsoever. 

CONTENTS 

03:11 - How It All Started 
07:25 - Building a Brand From Zero 
11:25 - Profitable From Day One!! 
13:15 - Scaling Up 
15:10 - Fundraising 
15:55 - Early Mistakes in Advertising 
18:39 - Digital Marketing 
20:37 - Websites, Packing, Delivery, Logistics and Returns! 
24:00 - Social Media’s Good and Bad Sides 
26:43 - Advice For Handling A Social Media Presence 
30:19 - Don’t Use Your Own Name in the Brand! 
32:09 - Husband-Wife in Life and in Business Too 
38:05 - Parenting While Working 
41:54 - Staying Creative 
44:09 - Size of Global Modest Fashion Market 
46:03 - Exporting the Formula Internationally 
47:52 - Industry Metrics Fadza Is Watching 
50:23 - Sustainability 
53:26 - Local Fashion Ecosystem 
54:26 - Sustainable Fabrics: Comfortable? 
55:23 - Sustainability’s Role in Valuation 
57:12 - What’s Next? Handing Over the Reins

Follow Vivy Here: 
IG: https://www.instagram.com/vivyyusof/?hl=en
LinkedIn: https://www.linkedin.com/in/vivyyusof/?originalSubdomain=my
Duck: https://www.getducked.com/
FV: https://www.fashionvalet.com/
Endeavor: https://www.endeavormalaysia.org/people/Vivy-Yusof

Follow Fadza Here: 
IG: https://www.instagram.com/fadzaanuar/?hl=en
LinkedIn: https://www.linkedin.com/in/fadzarudin-anuar-4580a518/?originalSubdomain=my
Twitter: https://twitter.com/FashionValet
Endeavor: https://www.endeavormalaysia.org/people/Fadza-Anuar

--- 

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
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Utile Works’ Terance Chen - The Leather Artisan

#ARTISAN #LEATHER #ENTREPRENEUR

Utile Works' Terance Chen - The Leather Artisan 

I've noticed an undercurrent of young, passionate entrepreneurs who place quality and craftsmanship on par with commercial success, unlike in my generation. 

One such person is the leather artisan Terance Chen, who left his job in engineering to pursue his love of creating bespoke leather products from his workshop in Penang.

This is his story. 

CONTENTS: 
01:33 - How Terance Started 
03:06 - Overcoming Parents Objections 
04:13 - Why Buy Only the Best Materials? 
05:05 - How to Measure Success? 
05:55 - What Products? 
06:42 - BDSM Products Too .. 
07:30 - Everything is Bespoke (Custom Made) 
08:30 - What Does Business Mean to Terance? 
09:35 - Who Is The Typical Customer? 
10:45 - Convincing Premium Tanneries To Work With Him 
12:07 - Overcoming The Pandemic 
13:17 - In Business For Passion 
14:50 - Building Resilience When You're Flat Broke 
16:20 - Growth Plans 
16:55 - Justify the High Price?  
21:02 - What's Next? 

--- 

FOLLOW TERANCE HERE: 
IG: https://www.instagram.com/terancechen/?hl=en
FB: https://www.facebook.com/TeranceChen/
Pin: https://cz.pinterest.com/suckoneortwenty/
URL: https://www.utileworks.com/
(Some) Press: 
https://www.robertvisuals.com/utile-by-terance-chen
https://bit.ly/33tqa8D

--- 

Follow Khoo Hsu 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: instagram.com/khoohsuchuang/

--- 

Follow DoMore here: 

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Dr. Lee Hwok-Aun - Inequality’s Iniquities, In Malaysia and Elsewhere

#Inequality #NEP #Competitiveness

Dr. Lee Hwok-Aun - Inequality’s Iniquities, In Malaysia and Elsewhere 

Dr. Lee Hwok-Aun is the author of “Affirmative Action in Malaysia and South Africa: Preference for Parity”,  published in 2021 by Routledge and of numerous articles, in academic and media publications, on affirmative action, inequality, discrimination, social protection, labour and education. 
He is a Senior Fellow and Co-coordinator of the Malaysia Studies Programme at the ISEAS-Yusof Ishak Institute, and a PhD holder in Economics from the University of Massachusetts, Amherst. 
Inequality forms a key tenet of his work, a subject on which he has studied and written academic papers on since the early 90s.  

..
CONTENTS: 

00:00:00 - Intro
00:02:56 - Inequality in South Africa versus Malaysia: The Differences 
00:08:19 - The Main Flaws in the Malaysian System of Preferential Policies 
00:18:04 - The Political Catch-22 of Ever-Popular Preferential Policies Vs Their (Necessary) Dismantling 
00:23:20 - One Cannot Feed Four 
00:28:10 - Whether Templates for Equality Exist In Scandinavia 
00:32:10 - And What of China and Thailand? And the ASEAN Experience? 
00:39:58 - And Yet, Inequality is Shrinking in ASEAN. Why? 
00:46:20 - Malaysia’s Next Decade: Does Inequality Shrink or Expand? 
00:57:38 - Should Policy Resemble Evolution i.e. where Only the Strong Survive? 

..
Follow Hwok-Aun here: 
LinkedIn: https://bit.ly/3r447NW
Twitter: https://twitter.com/hwokaun
FB: https://www.facebook.com/howcan/
At ISEAS: https://www.iseas.edu.sg/about-us/researchers/lee-hwok-aun/

--- 

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: instagram.com/khoohsuchuang/

--- 

Follow DoMore here: 

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Yinson Holdings’ CY Lim: The Energy Services Unicorn

Yinson Holdings’ CY Lim: The Energy Services Unicorn 

In this, the first of six Do More episodes powered by Endeavour Malaysia and CGS-CIMB for the inaugural ‘Thoughts Inspire’ series, CY Lim, the 37-year-old Group CEO of oil and gas services giant Yinson Holdings talks to Khoo Hsu Chuang about the journey that propelled the family controlled logistics firm into the second-largest Floating Production Storage and Offloading  - FPSO - company in the world. 

Exemplified by the 100x increase in market value between 2010 and 2022 to its current RM6.5 billion, CY shares the management secrets, lessons and trials of building a truly global business from a purely domestic one in just 11 short years beginning when he took the reins when he was just 25 years old.

CONTENTS 

00:02:38 - The Early Years: Getting His Father’s Buy-In To Enter a New Business: Oil and Gas 
00:05:41 - Challenges of Getting Funding In a Capital-Intensive Industry 
00:07:28 - Winning The Regionalisation Game, Starting in Vietnam 
00:09:23 - Making Mistakes And Learning From Them 
00:12:15 - What Do Demanding MNCs and National Oil Companies Seek? 
00:14:24 - The Importance of a Strong track Record When Doing Global Business 
00:16:22 - How To Get The Right Financial Metrics 
00:18:40 - How To Keep The Right People When the Industry Is Extremely Volatile 
00:20:41 - Some Useful Tricks For the Aspiring Entrepreneur 
00:22:36 - How To Manage Demanding Investors 
00:24:54 - How Did Yinson Move So Fast? 
00:29:46 - How To Deal With Uncertain Political Developments Here and Abroad 
00:32:27 - How to Strategise and Plan for a Fossil Fuel-Free Future 
00:36:18 - Advice For Sustainability Conscious Entrepreneurs 
00:38:19 - Can Yinson Grow Another 100x? 
00:40:24 - How To Maintain The Same Energy and Drive in the Next Decade? 
00:42:43 - What Will Yinson Look Like in 2032? 
00:44:51 - Does LUCK Play A Role in Business? 
00:46:51 - Can You Make Your Own Luck? 
00:49:03 - What Attributes Does The Successful Entrepreneur Have  
00:51:15 - Can One Person Drive An Entire Organisation Forward?
00:52:28 - What Should Entrepreneurs Do About Messy Local Politics?
00:55:37 - The Succession Dilemma 
00:57:23 - Common Traits In High-Performing Managers 
01:01:05 - Can Yinson Be Malaysia’s First Global Behemoth? 
01:03:52 - What Goals Should Success and Ambition Be Based On? 

..

Follow CY and Yinson here: 
URL: https://www.yinson.com/board-of-direc...
LinkedIn: https://my.linkedin.com/in/cy-lim-a45...
Endeavour: https://www.endeavormalaysia.org/peop...

Follow Endeavour Malaysia here: 
https://www.endeavormalaysia.org/

Follow CGS-CIMB Malaysia here: 
https://www.cgs-cimb.com/en/home

Follow Chuang here: 
URL: http://www.domore.my/ 
LinkedIn: https://www.linkedin.com/in/hsu-chuan... 
FB: https://www.facebook.com/khoo.chuang/ 
IG: www.instagram.com/khoohsuchuang

Brown Brothers Harriman‘s Ainun Ayub: Commandments For Success

#success #investment #NFT

Brown Brothers Harriman's Ainun Ayub: Commandments For Success

London-based Ainun Ayob, shortlisted for the European Women in Finance Awards 2021 via her work at the boutique investment bank Brown Brothers Harriman & Co., talks about what it takes to succeed in finance at a time when Malaysia’s Brain Drain is accelerating and how global finance is changing - fast.

CONTENTS 
02:49 - Why Work Abroad? 
09:51 - The Necessity of Staying Competitive, Social Privileges Notwithstanding 
13:49 - What Does It Take to Succeed? 
17:04 - Investing in an Era of NFTs and Cryptos 
21:49 - How Conventional Markets Dovetail With Internet 3.0 
24:38 - Ainun’s Success Advice To Her Children 
26:56 - Where Should One Begin Their Career? 
30:28 - Three Commandments For Success 

Follow Ainun Here: 
LinkedIn: https://bit.ly/3dGSXZk 
Company: https://bit.ly/3DNgDFW 

--- 

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: 

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