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Saturday 25 April 2015

Traits of Entrepreneur: Decisive

         The entrepreneur must feel comfortable with making decision, although that decision has risks and uncertainty existed. But we know that entrepreneur is always learned from their past mistakes, and form better assessments in the future. Other than that, the entrepreneur that running a business need to make a decision on the day-to-day business operation, including: marketing, financing, production, and much more. Moreover, an entrepreneur is a leader, leadership requires an entrepreneur to able to make key decisions effectively. 

Steve Job



Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma - which is living with the results of other people's thinking. Don't let the noise of other's opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

- Steve Jobs




Trait of Entrepreneur: Versatility

         An entrepreneur with versatility are open-minded and willing to accept various opportunities as compared with those who aren’t. The entrepreneur is characterized with versatile are able to socialize at everywhere. The entrepreneur is learning the cultures and its languages in order to communicate and socialize with their customers to build a strong business relationship with his clients and other people. Versatility makes an entrepreneur to seek for new opportunities since they are keeping in touch with various people every day. Moreover, the entrepreneur has also obtained information on a regular basis in order to be more competitive than other businesses. With this, they can quickly identify the changes and seek solution for the changes. Additionally, entrepreneur with this trait has always left the comfort zone and do whatever is needed to maximize value creation. 

Manny Pacquiao



“Life is meat to be a challenge, because challenges are what make you grow”

- Manny Pacquiao






   



Trait of Entrepreneur: Initiative

         Entrepreneur with the characteristic of initiative is able to search for new opportunities in the market. They are being proactively to look around the environment, seeking for the current problems, analyze and find solutions for it. They are not afraid to take risks to try something new. Entrepreneur faces risk everyday due to their initiative to try everything. However, they will evaluate the risk and consider taking appropriate risk. They consider the advantages and disadvantages before taking the initiative actions, and make a decision on it. Therefore, although they are initiative and risk-takers, most of the time it brings positive outcome since they have analyzed and evaluate on the initiative action.

Mark Zuckerberg


“We look for people who are passionate about something. In a way, it almost doesn’t matter what you’re passionate about. What we really look for when we’re interviewing people is what they’ve shown an initiative to do on their own.”

- Mark Zuckerberg














Trait of Enterpreneur: Integrity and Reliability

        Integrity and reliability are the factor to sustain trust and confidence. An entrepreneur that has these characteristics will attract people to cooperate with him. Therefore, this characteristic is crucial to success for an entrepreneur in his business. This is because the stakeholders alike value these attributes highly. People without integrity and reliability is hard to work with. People normally like to keep away from those who are not honest, since everyone do not like to be cheated


Mark Suster




“I believe that integrity and honesty are very important to most venture capital investors. Unfortunately, I don’t believe that they are required to make a lot of money.”


- Mark Suster


Wednesday 22 April 2015

Traits of Tan Sri Dato’ Sri Liew Kee Sin: Foresight


         For building an empire in property area, Tan Sri Dato’ Sri Liew Kee Sin had shown that he had a well foresight to look at the surrounding and consequences to seek for a new business opportunities. This trait is very important for an entrepreneur to ensure the long term sustainability and the successfulness of a company.

      No matter as a chief executive officer of SP Setia Berhad or as a chairman of Eco World Development Group Berhad, he had posed a very good foresight in identify the challenges in property field  and the development in Malaysia. He had taken up the several projects which those projects had contributed large revenue to SP Setia Berhad such as Setia Alam and Setia Walk at Pusat Bandar Puchong in Selangor, Setia Pearl Island and Setia Vista in Penang. These projects not only contributed to the revenue of the company but also contributed to help the area around Puchong to be prosperous, the development of country and the property field in Malaysia.

        Furthermore, recently he also had launch its half of its new project in UK, which under Eco Word Development Berhad. This is because he foresee that currently the demand is more than supply in the property field in UK, so it is a new opportunities for them to explore a new market in overseas. These projects are expected will bring in the large income to the Eco World Development Group Berhad.

 

Traits of Tan Sri Dato' Sri Liew Kee Sin: Integrity and Reliability


Integrity and reliability owned by an entrepreneur means that he or she will not bias to any bodies related to the benefits of the company. The entrepreneur will provide the most precious opinion based on the best judgment from him or her. Tan Sri Dato’ Sri Liew Kee Sin is the non-independence and non-executive director of Eco World Berhad where his son being one of the substantial shareholder and director of Eco World Berhad. Although Tan Sri Dato’ Sri Liew Kee Sin is a non-independence director in the company, he able to judge the projects and plan the projects to bring more profit for Eco World Berhad. 

Besides, Tan Sri Dato’ Sri Liew Kee Sin will still handle the Battersea Project and Qinzhou Industrial Park development which are the main projects of SP Setia. Logically, the responsibility of being the leader of both projects shall be taken from Tan Sri Dato’ Sri Liew Kee Sin once he had resigned as the CEO of SP Setia to avoid the conflict of interest. By having the traits of integrity and reliability, the management team believe that he will be able to handle the interest carefully and bringing no harm to the projects in SP Setia.