I did my degree in engineering in the UK but I was actually more interested in business. I did learn a few good things from the British though. It was a great experience mixing with the international community at the university and it opened my eyes to bigger things in life.
I came back to Malaysia in 1992 after completing my studies and learned about doing business the hard way when I joined several companies which were going through hard times. I purposely joined them although I knew they were in trouble.
I saw first hand how the management teams of those companies came up with some very creative maneuvers to keep those companies afloat in those situations. Together with them, I negotiated with lawyers, bankers, suppliers, vendors - whatever it took to save those companies. I was a junior but those were situations where they needed “all hands on deck”. I was thrown into the deep end right from the start so I learned things quickly and I learned them well. I became a senior quite fast .
Along the way I picked up valuable experience and contacts, locally as well as abroad. International trade, which caught my attention earlier due to its immense potential, soon became a passion. The learning curve was a very steep one as I learned things fast.
Going through this “school of hardknocks” gave me the much needed experience and I went into business in 1996 when I started my global procurement consulting (GPC) business that year from the basement of my house. I haven’t looked back since.
The rest is history as I expanded the business further while diversifying into other types of businesses. The GPC business is a very lucrative business and it has provided me with the means to start and build up my other businesses.
I have always believed in having multiple sources of income. Nothing wrong with that. You must not keep all your eggs in one basket. Spread it a bit. But don’t do everything at the same time. Focus and do it one by one. Concentrate on one venture at a time and when it has stabilized then get someone else to run it for you.
Currently, apart from the global procurement consulting (GPC) business, I also have other businesses dealing with mergers & acquisitions (buying and selling other companies after turning them around), JV brokering, Internet publishing, halal-food manufacturing for exports, etc. My global procurement consulting (GPC) business readily opens doors for my manufacturing business. There is a very good synergy between them. Enough to keep this "old man" on his toes. I have my core team to help me out though. “Delegate well” are the keywords here.