Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts

Sunday, February 22, 2009

Love Affair With Air Asia

There's enough vitriol spewed over the last few weeks in Malaysian politics to make one nauseous. Well, it's a Sunday, so I thought I should have a change in pace and blog about my love affair, well, one with Air Asia. (So don't expect to find me caught on camera a la CSL ;-))

I wrote an article a few weeks back which was published in The NutGraph (which they re-titled "Loving Air Asia")
I have the greatest admiration for Datuk Seri Tony Fernandes, and I'm not abashed to loudly proclaim the fact that I'm a fan of Air Asia, and what it has done not only for travel in Malaysia, but for the entire region. A former colleague of mine once told me, if there's anyone who deserved his datukship, its Tony Fernandes.

Air Asia's mantra of “Now Everyone Can Fly” has really taken millions places, many of whom have never flown before. The airline is of course not without criticism, one of the most ticklish was the perversion of its motto to “Now Everyone Can Wait” for the frequency of flight delays, particularly in its early years. I've often been a victim of Air Asia delays myself, but it's a price and risk I'm willing to pay, in exchange for the affordability it affords me in travelling. After all, I've also suffered delays on trips with either the Malaysian Airline System (MAS) or the world renown Singapore Airlines (SIA).
Now, I know there are many out there who have negative sentiments against Air Asia, some of whom are my Pakatan Rakyat fellow Members of Parliament, especially over the recent issue of the still-born Labu "KLIA East" airport. But if you read my story, you'd know that my "love affair" is personal. I further believe that since I don't hold back much when "whacking" things I find distasteful (e.g., Barisan Nasional), I should also do the same for things which I really like, even if its against the grain.  You can read the full story at The NutGraph here.

I do have a part II to the above story, focusing a little more on the KLIA-East but given all the other urgent and critical things happening around us today, you may still have to wait a little before the second part sees the light of day ;-)

I'm also a big big fan of Tony Fernandes as a real entrepreneur, and I'll put him right up there with the best in the region. In fact, anyone with real ambitions to become an entrepreneur in Malaysia (I for one, had only half-ambitions, prefering early retirement ;-)), should emulate his "gung-ho" spirit. Unlike many of our country's pseudo-pretend-entrepreneurs who rely on government concession and oblique guarantees to become multi-millionaires, Tony made it big with no government guaranteed passenger traffic, protected air routes, monopoly license or government underwritten loans.

His "politics" could of course do with some improvements (speaking at Shahrizat's campaign trail(?!) Faint!) but everyone makes an honest mistake now and then ;-) After all, I was sympathetic to Pak Lah at the start of his reign, and Jeff Ooi, my fellow compatriot today, even campaigned in 2004 for BN!

For everyone's information, I don't own any shares in Air Asia although I watch over its performance. I have Tony Fernandes' handphone number, but we're not drinking buddies. I don't fly free on Air Asia although they sponsored a ticket each to Macau and Bali for my Charity Golf Tournament in October last year (Tony, I'm sure you can do better than that!!) And Tony is certainly no crony of Tony's for there's nothing I can offer except to buy air tickets at bargain basement prices. ;-)

Friday, September 26, 2008

Making It Big

Thanks to a friend who forwarded me this blog post, I now know who Adam Khoo is. He actually wrote this post actually a full 2 years back, but I certainly thought that it's will remain extremely relevant particularly to those who seek to build a business or are in the midst of building one.

Adam Khoo is a self-made millionaire in Singapore by the age of 26, and is now "the Executive Chairman and Chief Master Trainer of Adam Khoo Learning Technologies Group Pte Ltd and a director of seven other private companies. Adam is also a director of the Singapore Health Promotion Board (HPB)." His latest post is with regards to "why he loves stock market crashes" which is certainly something useful to ponder over. I certainly believe that over one's lifetime, you just need 3 stock market crashes to make it big in terms of wealth - while at the same time not let greed blind you.

But this post isn't about the stock market. It's about "making it big", like Adam Khoo. He wrote that...
...recently, someone came up to me on a plane to KL and looked rather shocked. He asked, ‘How come a millionaire like you is travelling economy?’ My reply was, ‘That’s why I am a millionaire.’ He still looked pretty confused. This again confirms that greatest lie ever told about wealth (which I wrote about in my latest book ‘Secrets of Self Made Millionaires’). Many people have been brainwashed to think that millionaires have to wear Gucci, Hugo Boss, Rolex etc… (I shop at G2000 by the way) and sit on first class in air travel. This is why so many people never become rich because the moment that earn more money, they think that it is only natural that they spend more, putting them back to square one.

...I refuse to buy a first class ticket or to buy a $300 shirt because I think that it is a complete waste of money.

Does that then make him a miserly miser? ‘What is the point in making so much money if you don’t enjoy it?’
The thing is that I don’t really find happiness in buying branded clothes, jewelry or sitting first class. Even if buying something makes me happy it is only for a while… it does not last. material happiness never lasts, it just give you a quick fix...

Instead, what make ME happy is when I see my children laughing and playing and learning so fast. What makes me happy is when I see by companies and trainers reaching more and more people every year in so many more countries...

I think the point I want to put across is that happiness must come from doing your life’s work (be in teaching, building homes, designing, trading, winning tournaments etc…) and the money that comes is only a by-product. If you hate what you are doing and rely on the money you earn to make you happy by buying stuff, then I think that you are living a life no better than a prostitute.
His philosophy certainly resonates with me, and although I never made it as big or as fast as he obviously did, I share most if not all of his views on the post. And clearly, you don't have to be the Penang Chief Minister to fly economy. (This is however, not a plug for Adam Khoo's books and training - make your own informed decisions on that one ;-))

So for you young people out there with dreams of a bright (and well to do) future, remember to take a leaf of Adam Khoo. ;-)

Monday, August 27, 2007

Malaysian Venture Capital Association Talk

I've been invited to give a talk around the topic of entrepreneurship at Malaysian Venture Capital Association's (MVCA) Networking Breakfast. ;) Hence for those who are interested in me discussing non-political issues for a change, you may join the event.

The details are as follows:
Date: Wednesday, 29 August 2007
Time: 8.30am – 10.30am
Venue: Coffee Pavilion, Securities Commission, Persiaran Mont Kiara, Kuala Lumpur
For those interested in attending, please contact Pn. Maizatul Ain at (+603)20962094 or via email @ admin(at)mvca.org.my to confirm your seats. The Breakfast session will cost RM30 for MVCA members, and RM50 for non-members.

The programme for the event is as follows:
0830: Registration & Buffet Breakfast
0850: Welcome Remarks by Azam Azman, Chairman MVCA
0900: Presentation by David Fong, CEO, iSpring Venture Management Sdn Bhd
0930: Presentation by Tony Pua, former CEO and founder of SESDAQ-Listed IT company
1000: Q&A & Networking Session
1030: Ends
So for those interested in business and meeting potential venture capitalists, feel free to drop by! See you there! ;)