Saturday, 22 March 2014

Ray Beh




The name for this young entrepreneur called Ray Beh. He was the founder of Frambie.com, Frambis a startup company that offers custom made wall decor through the internet. He was graduated with Bachelor of Entrepreneurship from UUM. He also was ex-SIFER UUM and actively involved in community development activitiy such as BarCamp and Technology Event for Penang.

He had experience in Picture framing business and Website design business. And he think online based custom framing is possible and now is the right time. So, he started doing research, further developing the idea as well as the business plan.



Below are the SWOT of Frambie company:
1)Strength: Innovation in buying process
2)Weakness: Lack of special product
3)Opportunity: Complement product (Artworks) for frame and canvas
4)Threat: Rising of new competitors


Mission of Frambie:
Making the best wall décor to inspire people.

Vision of Frambie :
To build a hassle free purchasing and delivering experience for wall décor industry, and bridging the traditional art gallery business to the web, creating the next generation art gallery.

Slogan of Frambie :
Delivering Inspirations


He was get Young Entrepreneur Awards by Canon Singapore and MediaCorp
More info is available at: http://www.frambie.com/my/content/7-press-room



The competitive advantage of Frambie is become first mover advantage as an online based wall décor solutions to offer art, frame and canvas.

 Further information can visit http://www.frambie.com/my/




Wednesday, 12 March 2014

The Enterpreneur Culture

“Culture is one of the most precious things a company has,” said Herb Kelleher, Founder, Southwest Airlines.  “So you must work harder on it than anything else.”

For the entrepreneurial business, its culture begins from day one.  The culture is a reflection of the values the entrepreneur brings into the business.

Culture is important for an entrepreneurial venture because it is the mechanism that institutionalizes the values of its founders.  Culture serves to socialize new employees.  It helps them understand how they should treat the customers, how they should treat each other, how they should act in their jobs, and how to generally fit in and be successful within the business.

If managed properly, culture also improves the performance of the business.  Culture is an important part of the overall strategy of the business and helps ensure a growing organization will continue to meet the expectations of customers that were established by the entrepreneur during the early start-up of the venture.

For many businesses their success has been built on the entrepreneurial nature of the business.  Since it is important to keep the entrepreneurial nature of the business, as that is what has gotten the business this far, it is important to create a culture of entrepreneurship.

“Building a culture that encourages autonomy, risk-taking, and entrepreneurial behavior is challenging,” said Jennifer Prosek, CEO of CJP Communications and the author of Army of Entrepreneurs: Create an Engaged and Empowered Workforce for Exceptional Business Growth.  “For companies that want to out-think and out-pace the competition, an entrepreneurial culture isn't optional: it's an absolute necessity.”

According to Prosek, the key to unleashing that creative energy is to create an entrepreneurial culture based on four pillars.
  1. Authenticity -- Demonstrate your sincerity by being enthusiastic about entrepreneurial strategies and actions pursued by the business.
  2. Commitment to People – “An entrepreneurial culture is based on the idea that each individual can be a powerful force for change in the organization,” said Prosek.  Support the professional development of your staff, celebrate exceptional work, and don't forget to have fun.
  3. Commitment to the Business -- Align an individual's interests with those of the business. “At my firm, we have a program called Commission for Life™,” explains Prosek, “Which encourages new-business generation: Anyone who books a meeting that results in a new client gets 5 percent of the revenue for the life of the business.”
  4. Continuous Effort -- The work of building a company’s culture never ends.  
Sustaining an entrepreneurial culture starts with who you hire.  It is essential to carefully screen prospective employees to ensure that they will fit within your culture.  An entrepreneurial culture is also sustained by your reward system, by the autonomy and respect you give to your employees, and by consistent communication about your ongoing entrepreneurial vision for the company.

Creating an entrepreneurial culture creates a business that will continue to grow by adapting to change and by actively pursuing new opportunities in the market.
This post originally appeared at The Entrepreneurial Mind. Copyright 2014.
http://www.businessinsider.com/building-an-entrepreneurial-culture-2011-8?IR=T&

Wednesday, 5 March 2014

Tan Sri Lim Kok Thay

Tan Sri Dato' Lim Kok Thay is a prominent entrepreneur in Malaysia. He is the second son of Tan Sri Lim Goh Tong and Puan Sri Lee Kim Hua. Besides that he also the founder of the Genting Group.

Tan Sri Lim Kok Thay is the Chairman and Chief Executive of Genting Berhad, the holding company of the Genting Group, which involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas business activities.
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships visiting over 200 destinations in the world, and providing about 35,000 lower berths.
He holds a Bachelor of Science Degree in Civil Engineering from University of London, United Kingdom. He attended the advanced management programme of Harvard Business School, Harvard University, USA in 1979.

He was appointed as a director of Genting Berhad in 1976. Under the founder’s and Kok Thay’s stewardship, the Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad), Genting Malaysia Berhad and Genting Plantations Berhad which are listed on the main board of Bursa Malaysia; Genting Singapore which is listed on the main board of Singapore Exchange and Genting Hong Kong which is listed on the main board of the Hong Kong Stock Exchange.

He was appointed the Chairman and Chief Executive of Genting Berhad and Genting Malaysia Berhad when the late Tan Sri Lim Goh Tong retired in December 2003. Kok Thay has since expanded Genting’s presence globally, especially in the leisure tourism and entertainment industry.

Under his guidance, the Genting Group has developed leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and “Awana”, as well as established strategic partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Synthetic Genomics and many others.

He assisted the Mashantucket Pequots which is a Native American Tribe to establish Foxwoods Resorts Casino in Connecticut in 1990 which are 340,000 square feet of floor space. The Foxwoods Resort Casino is the largest casino in the United States.

He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Resort. Resorts World Genting has been voted by World Travel Awards as the "World's Leading Casino Resort in years 2005, 2007, 2008, 2009 and 2010" and also voted as "Asia's Leading Casino Resort" from years 2005 to 2010.

In 2005, he expanded Group’s presence to the United Kingdom (“UK”). Today, Genting UK Plc is the largest casino operator in the UK with 43 casinos.

In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa which was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia’s first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions.

Today, under the guidance of Tan Sri Lim, the Genting Group has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in the Philippines, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami.

Tan Sri Lim was appointed as a Visiting Professor of the UK-based Institute of Biomedical Engineering of Imperial College, London in October 2009. He was also appointed the Honorary Professor of Xiamen University, China in December 2007.

In 2002, he was bestowed the national award titleship of “Tan Sri” by his Majesty, the Yang Di Pertuan Agong, for his contributions to Malaysia .

In 2009, Tan Sri Lim Kok Thay named the “Travel Entrepreneur of the Year” by Travel Trade Gazette (TTG) Asia ) and “The Most Influential Person in Asian Gaming” by Inside Asian Gaming, for his contributions to the leisure and travel industry.

Tan Sri Datuk Tiong Hiew-King

Tan Sri Datuk Tiong Hiew-King is the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group, a timber company founded in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia.

Tan Sri Datuk Tiong resides in Sibu, a town in Sarawak, of Borneo island that is part of Malaysia. Tiong is ranked by Forbes as the 840th richest person in the world with a net worth of about US$1.1 billion.

Two major Chinese national dailies in Malaysia which are Sin Chew Jit Poh and Guang Ming Daily also operated by Tiong's Rimbunan Hijau Group. Besides that, there are also The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong. He is forging a global Chinese publishing group with his Ming Pao Enterprises which operates Ming Pao newspaper in San Francisco, New York, Vancouver and Toronto.

Back home in Sibu, Tiong and his family are members of the ruling Sarawak United People's Party (SUPP), a major party of the ruling coalition government in Sarawak. Tiong's younger brother Tiong Thai King has been the Member of Parliament of the Lanang Parliamentary Constituency in Sibu from 1995 to 2013.

Led by his privately held Rimbunan Hijau Group, Tiong Hiew King's businesses range from media and timber to oil and gas, and include 5 listed companies in Malaysia, Hong Kong and Singapore. He publishes 7 newspapers and 35 magazines and well known as the Rupert Murdoch of Chinese-language media. He now expanding into the e-textbook market in Hong Kong. He also announced plans to spin off his travel business and list it in Hong Kong. His logging operations from Papua New Guinea to New Zealand and in his native Sarawak continue to draw the ire of international environmental groups.

Tan Sri Datuk Sir Hiew is the number nine richest man in Malaysia which have 1.8 billion. Currently he is 78 years old, married and have 4 children. 

 

Tuesday, 4 March 2014

Vijay Eswaran

Vijay Eswaran is a Malaysia businessman who born on 7 October 1960 in Penang. He is an author and also currently serving as the Executive Chairman of the QI Group which the company's headquarter in Hong Kong. 

He is the son to Pushpavathy Chinnaiah, a teacher and Vijayaratnam Saravanamuthu, who was with the Malaysian Ministry of Labour.During his childhood, his father Vijayaratnam work with the Labour Ministry and they had the family moving to different parts of Malaysia.

In 1984, Vijay Eswaran graduated with a socio-economic degree from the London School of Economics. After that he stayed on in Europe for a year and did several odd jobs which included working on a construction site in Belgium, plucking grapes in France and driving a cab in London. He was introduced to binary system marketing when he was in the UK, and that prompted him to obtain a professional qualification from CIMA in the UK, followed by an MBA from the Southern Illinois University in 1986. At this time he was involved in multilevel marketing (MLM) on a part-time basis while working for Synaptics in the U.S.. It wasn't until his return to Malaysia, he started to look at MLM more seriously where he was approached by the Cosway Group to start its Philippines business.
After he return to Asia in 1998, then he co-founded a multilevel marketing company that would eventually grow and expand into what is today the QI Group, an e-commerce based conglomerate with businesses in travel, media, telecommunications, luxury products, wellness, training, and corporate investments. The QI Group has regional offices in Hong Kong, Singapore, Thailand and Malaysia and a presence in nearly 10 countries through a wide range of subsidiary companies.

Vijay Eswaran has spoken at management and business forums such as the sixth Pravasi Bharatiya Divas in India, and the World Economic Forum.
His first book which published in 2007 called In the Sphere of Silence. It explains his personal life management philosophy and his habit of starting each day with an hour of silence. Eswaran has also developed an interactive program called the Thought of the Day, or TOD Program. He then published his second book in May 2008, In the Thinking Zone, a collection of thoughts and reflections on life. His third book, 18 Stepping Stones, was released in 2010. On the Wings of Thought, a collection of his photography, was launched in 2011.
Vijay Eswaran has also established the RYTHM Foundation, the corporate social responsibility arm of the QI group. Vijay Eswaran has established a charitable organization in Malaysia, the Vijayaratnam Foundation, which is named after his father. Through these foundations Vijay Eswaran has initiated community programs, such as mentorship, and has also made donations to individuals and charities.

In the July 2011 issue of Forbes Asia, he was named as one of 48 'Heroes of Philanthropy' in the region.
In February 2013, Vijay Eswaran was named in Forbes Asia's Malaysia's 50 Richest at Number 25. In 2012 Eswaran was given the New Global Indian (NGI) award for philanthropy and business excellence at the Global Indian Business Meet (GIBM) in New York.

The International Herald Tribune reported his arrest on an Interpol warrant in May 2007. The two main founders Vijay Eswaran, who was then Group Managing Director and Joseph ‘Japa’ Bismark, Founding Director involved in a dispute in Manila, Philippines which was escalated to an alleged ‘offence’ leading to an Interpol Red alert listing of four directors.  The case was fought out substantially in the courts of Manila and Jakarta. After three weeks, Indonesian courts released him; a Manila court dismissed the charge soon afterward.

In August 2013, a newspaper in India reported that Vijay Eswaran was being investigated by the Economic Offences wing in regards to Qnet, which he founded. Police have frozen six of Qnet's bank accounts in the country. In an interview about the charges, Vijay Eswaran has denied any wrongdoing, and dismissed the claims as being indicative of corruption and poor journalistic standards in India. Qnet has also stated that Vijay Eswaran is neither director, nor shareholder of Qnet's Indian franchise(Vihaan Direct Selling Pvt. Ltd.).

His wife Umayal Eswaran who is the Chairperson of the Vijayaratnam Foundation.