My name is ER MEI KEE with matric number 220222. I am the undergraduate student
who studying in the University Utara Malaysia (UUM). I come from Johor. I am
the sixth semester student and is taking the course Business Administration (BBA).
The main purpose of building this blog is due to the
requirement of the individual task (BPME2013-Entrepreneurship Skill and Behaviour).
In this blog, I would like to introduce the four successful entrepreneurs’
background, how they overcame all of the obstacle and eventually get their
success in carrier in ROOM 1. In the ROOM 2, I would like to share some of the
related articles in order to support and strengthen the concept and mind set of
becoming a true entrepreneur. In ROOM 3, I will use whatever the knowledge that
I have learnt from the previous two rooms’ theories in order to train myself to
become an entrepreneur.
ROOM 1:
- Ma Yun (Jack Ma)
- Mark Zuckerberg
- Bill Gates
- Tony Fernandes
MA YUN (JACK MA)
NAME : MA YUN (JACK MA)
AGE : 51 YEARS OLD
SEX : MALE
EDUCATION : HANGZHOU NORMAL UNIVERSITI (1988)
Ma Yun, with the well-known name as Jack Ma, was born on October 15, 1964 at Hangzhou, China. He is a Chinese entrepreneur and philanthropist. He is the founder and Executive Chairman of Alibaba Group, is a family of highly successful Internet-based businesses.
BACKGROUND:
Jack Ma is a proactive child since he was in his age 12. He started to get interested in learning English. However, he thought that learning from the academic books and from his teacher were not enough to feed his eagerness. So, he would ride on his bike for nearly 40 minutes every morning to the hotel near the city of Hangzhou’s West Lake, which is placed 100 miles far away from the place he lived. This is because, there are a lot of foreigners will be there every morning and he will provide free tour guide for them, and the foreigners will teach him, communicating with him by using English in exchange. Jack Ma has insisted this kind of life continuously, no matter that is winter day or raining day, for eight years. This experience has opened his eye toward the world and brought a big change for him in the future. In order to learn more and polish his English, Jack Ma also bought a video so he could listen to the English broadcast every day. In school, he flunked his exam for university two times before he was accepted by the Hangzhou Teachers University, which is considered as the worst University in his city. In the University life, he was elected as a student chairman and later became the chairman of the city’s Students Federation too. After graduate, Jack Ma applied for many job but at last he was turned down. Eventually, he was assigned to become a lecturer in the University. In 1992, the business environment was growing. Jack Ma started to try to grab the chance and started his translation company. In 1995, he went to Seattle. His friend introduced the Internet to him. This was the very first time Jack Ma started to touch the Internet, even is the computer. However, Jack Ma foresaw the high potential of Internet in the coming future. The idea of doing business via online was always presented in his mind.
THE WAY TO SUCCESS AND HIS COMPANY:
In 1999, Jack Ma invited 17 friends to his department. He explained his plan to them but at last, he only get one supporter. Jack Ma started to begin his online business with the web site name Alibaba.com. In this site, it allow the sellers to post their product on it and if the buyers are interested in, they can deal with the sellers. However, at the beginning of time, there is no much seller and buyer. In order to encourage more seller to post their product on his site and increase the site view, Jack Ma’s company bought all the stuffs the sellers sold. Gradually, the sellers and buyers is keep on increasingly increasing. Due to the site is not limited to anyone and it is globally site, it has successfully to attract the members from all around the world. In October 1999, the company has raised $5 million from Goldman Sachs and $20 million from SoftBank.
Once the Alibaba become stronger day after day, Jack Ma’s company has faced a new problem, that is the way of paying. So, they started to build the new like the TaoBao and ZhiFuBao in order to solve those problem. This company has been upholding the mission of “making it easier to do business across the world” and they have insisted on “customer first” value system.
THE REASONS WHY I CHOOSE JACK MA:
Jack Ma's rise is the one which most amaze me. This is because, as compare to the western country, China seem like less emphasis on electronic commerce. So, the rise of Jack Ma completely caught my eyeball and the following characteristics of his are those I admire the most.
Firstly, Jack Ma positioned himself as the one who will not be easily pushed over. Everyone knows that the mantra of Jack Ma is “Never Give Up”. He is not easily been defected. Even though he was rejected for several times in applying job, but he still always be positive with that. He accepted the offer as the English lecturer in the University with salary 12 Renminbin per month, at the same time he still kept on finding the way to do his own business and finally, he was able to open his translation company.
Secondly, Jack Ma has his own opinion. When he found that the internet business is going to boom in China, he called up his friends and explained what he decided to do to them. Unfortunately, there is only one supported his idea. Even though Jack Ma has undergone many setback and others said he would not able to do that, although other cannot see what he saw, but he chose to ignore the naysayers and he work hard on his dream. I believe that, if Jack Ma was unable to insist on his opinion, today the richest man in the China will not be him.
Thirdly, Jack Ma is always been highly self-motivated. He always says that, all of us are not the genius or talented but a normal people, but all the ordinary people are able to do an extraordinary thing as long as you are not give yourself up and keep on pushing to a higher extend. Every single word of his is resited in my mind. Whenever I feel I couldn't to achieve what I want to achieve, his words will remind me that please don't find myself an excuse and I am the one who has this responsibility to make myself to be a better person.
MARK ZUCKERBERG
NAME : MARK ZUCKERBERG
AGE: 31
SEX: MALE
EDUCATION : PHILIPS EXETER ACADEMIY (2000-2002). ARDSLEY HIGH SCHOOL (1998-2000), HARVARD UNIVERSITY, MERCY COLLEGE
Mark Zuckerberg, who was born on 14 May, 1984, in White Plains, New York, with the name of the youngest billionaires in the world, is the co-founder and CEO of the Facebook.
BACKGROUND:
Mark Zuckerberg, who was born on 14 May, 1984, in White Plains, New York, with the name of the youngest billionaires in the world, is the co-founder and CEO of the Facebook. His parent hired private computer tutor with name David Newman to work with Mark Zuckerberg once a week. When he was in age 12, he showed his passion and talent in creating messaging program with name "Zucknet.". This allow his father, who works as a dentist, to use the program to call up a new patient without shouting across the dental office. He also co-operate with his friends to create the new game software. When he was studying in high school, a music software Pandora which called as Synapse has been created by him. Several big companies is getting interested in buying his software and hiring him but all the offers have been rejected. After graduating from Exeter in 2002, Zuckerberg enrolled at Harvard. He is reputed as the go-to software developer in campus. When that time he invented the programs called CourseMatch and Facemash. The CourseMatch can help students to choose their classes based on the course selections of other users. The Facemash is used to compare students’ picture and let the users to vote for the one they think as attractive to them. However, the later program has been shut downed by the school administrator because of the inappropriate function. All of these experiences has trained Mark Zuckerberg becoming a considered developer and paved the road to create a bigger success in his career.
Mark Zuckerberg, who was born on 14 May, 1984, in White Plains, New York, with the name of the youngest billionaires in the world, is the co-founder and CEO of the Facebook. His parent hired private computer tutor with name David Newman to work with Mark Zuckerberg once a week. When he was in age 12, he showed his passion and talent in creating messaging program with name "Zucknet.". This allow his father, who works as a dentist, to use the program to call up a new patient without shouting across the dental office. He also co-operate with his friends to create the new game software. When he was studying in high school, a music software Pandora which called as Synapse has been created by him. Several big companies is getting interested in buying his software and hiring him but all the offers have been rejected. After graduating from Exeter in 2002, Zuckerberg enrolled at Harvard. He is reputed as the go-to software developer in campus. When that time he invented the programs called CourseMatch and Facemash. The CourseMatch can help students to choose their classes based on the course selections of other users. The Facemash is used to compare students’ picture and let the users to vote for the one they think as attractive to them. However, the later program has been shut downed by the school administrator because of the inappropriate function. All of these experiences has trained Mark Zuckerberg becoming a considered developer and paved the road to create a bigger success in his career.
THE WAY TO SUCCESS AND HIS COMPANY:
Mark
Zuckerberg work on his own social networking site called The Facebook with
friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin. After his sophomore
year, he dropped out of college and immerse all of his time to Facebook. By the
end of 2004, Facebook had 1 million users.
In
2005, Accel has invested a huge capital
into Mark Zuckergerg’s company and then
he successfully to grant access to other
colleges, high school and international schools, attracting more than 5.5
million users at the end of the same year. This then began to catch the eyeball
of other companies, who wanted to advertise with the popular social network.
Mark Zuckerberg reject to sell his company Yahoo! and MTV Networks. Instead, he
tried to focus on expanding site, adding extra feature and opening up the
project to outside developers.
In 2006, Mark Zuckerberg’s company has been sued by the creators of Harvard Connection because of the issue of stealing idea. The incriminating Instant Messages found out that Mark Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends. Mark Zuckerberg later apologized and showed his regret to public.
In 2006, Mark Zuckerberg’s company has been sued by the creators of Harvard Connection because of the issue of stealing idea. The incriminating Instant Messages found out that Mark Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends. Mark Zuckerberg later apologized and showed his regret to public.
In
2012, Facebook has become the largest internet IPO through out of the time by initial
public offering, which raised $16 billion. Mark Zuckerberg negotiated the
company deal to purchase the Instragram.After the initial success of the IPO,
the Facebook stock price dropped somewhat in the early days of trading. But
Zuckerberg is expected to weather any ups and downs in his company's market
performance. He holds more than a quarter of its stock and retains 57 percent
control of the voting shares.
In 2013, Facebook first time to be counted as the Fortune 500
list. In the same time, the Mark Zuckerberg was successfully to become the
youngest C:EO at his age of 28.
THE
REASONS WHY I CHOSE MARK ZUCKERBERG:
Among the bunch of entrepreneurs, I choose the Mark
Zuckerberg as one of my idols is due to several characteristic of his that I
believe that, those characteristic can help us to build up our own personality
and achieving the success in the coming future. I would like to share my
opinion about Mark Zuckerberg in the following:
First, I admire his braveness in solving the problem when
his face his challenges. As we can
see, he has shown his boldness since he was still a child, he tried to help his
father to solve the problem of yelling scene that occur in the dental clinic
everyday by building up a messaging software.
Secondly, I like his decisive in making decision. He is
willing to come out from the comfort zone and taking risk to fight for his own
dream by dropping out from his sophomore and started to create his own
social-networking website. I strongly believe that he must bear a great stress
and lot of uncertainty when he made his decision.
Thirdly, I respect his forth future ability. This is because
of, although there are several big companies were highly valued his ability in
creating software and try to hire him before he graduate, but he rejected all the
attractive offers and start his own brand social –network website under his
name and finally, he grant a big success and become the youngest entrepreneurs
in history.
Fourthly, I firmly believe that we need to learn the courage
to admit our mistake from him. He has reveal his willingness to make an apology
when he found out what was he done is wrong. Targeted at the issue of stealing
idea from Harvard Connection, he had made apology and said "If
you're going to go on to build a service that is influential and that a lot of
people rely on, then you need to be mature, right?"
BILL GATES
NAME : BILL GATES
AGE : 60
SEX : MALE
EDUCATION : HARVARD COLLEGE (1973-1975), LAKESIDE SCHOOL(1967-1973)
Bill Gates, with Paul
Allen, founded the world's biggest software business, Microsoft, and
subsequently the richest man in the world.
BACKGROUND:
Bill Gates is born on 28 October, 1955, in Seattle,
Washington. He grew up in an upper middle-class family, with two sister. Since
start from a child, Bill Gates has showed his enthusiasm in reading books,
exploring and investigate the knowledge through spending large portion of his
time on reading the reference book and encyclopedia. He has an excellent grade
and performance in school. However, he seemed bored and withdrawn himself. His
parent started to concern his behavior and sent him to Seattle’s Lakeside School
when he turned 13. He met Paul Allen in school’s computer lab and due to the
common enthusiasm over computer, they became fast friend. During that time,
Bill Gates showed his talent by developing a payroll program and scheduling
program. In the age of 13, Bill Gates went into business with Paul Allen. They
developed “Traf-o-Data”, which can help to monitor the traffic pattern in
Seattle. However, Bill Gates’s parents stop him from doing business and wanted
him finished school and become a lawyer. Bill Gates enrolled at Harvard
University. Although he took the lawyer cause, but he seldom study what he
chose. Instead, he spend much of his time in computer lab. At time time, joined
Paul Allen, who was working for Honeywell. They immersed them self with the
possibility that
this computer could create in the world of personal computing. They contact the
MITS’s company, which made Altair. They have been asked for demonstration by
the company’s president. After Allen wrked at MITS, Bill Gates decided to
follow him and dropped himself out from the Harward. This disappointed his
parents. In 1975, both of them formed the partnership with name Microsoft,
which is well-known today.
THE
WAY TO SUCCESS AND HIS COMPANY:
Though
BASIC software program for the Altair computer, they netted the company a fee
and royalties. Bill Gates found that there are only small amount of people who
are using BASIC in the Altair computer are actually had paid for it. He thought
the free distribution of software will demotivate the programmers to write a
better software and he advocated that the software are needed to be sold. At
the same time, Bill Gates has a poor relationship with MITS president Ed
Roberts because of they had a clash on software development and direction of
business. In 1977, Roberts sold MITS to the other company. Bill gates and Paul
Allen sue the new owner of this company in order to retain the software right
that they have developed for Altair. In 1978, Bill Gates was in his age 23, he
moved company to Bellevue Washington, with 25 employees. He successfully to
place himself as the head of Microsoft with grossed 2.5 million US dollar. In
1980, IBM invited Microsoft to collaborate and operate the upcoming personal
computer. Due to the lack of operating system that can run IBM’s computer, Bill
Gates bought an operating system that can function same like the IBM’s PC. He
make deal with the owner of the developer without telling them about the IBM
deal. Bill gates has been sued for hiding the important information. He
admitted it and paid an undisclosed compensation. In 1981, Bill Gates became
the president and chairman of the board, Paul Allen became the executive
vice-president. In the same year, Apple collaborate with Microsoft to develop
software for Macintosh computers. With the experience of sharing knowledge,
Microsoft able to develop Windows. In 1983, Microsoft was going global with
offices in Great Britain and Japan, and with 30 percent of the world's
computers running on its software.
THE REASONS
WHY I CHOOSE BILL GATES:
Bill Gates is
the world-class richest man, surely all of his success and achievement are not
only merely rely on his fortune and luck. Though out the studied of his past
experiences, i have learnt some of the fundamental but indispensable
characteristics from him.
Firstly, focus
and be hardworking on absorbing knowledge from all sources that you can reach
is a must. We can easily see this characteristic since he was still a small
boy. Bill Gates was willing to scarify his playing time with his peers,
withdrawing himself out from the others and fully immersed himself in all kind
of reference books and encyclopedias. He knows how much precious the time is and he filled himself with
whatever he needs.
Secondly, Bill Gates masterly aligned himself
with those who has the same ambitious and interest. Even though the
characteristic of his and Paul Allen is a huge difference, and the Paul Allen
actually is his senior, but the gap between them still can be narrowed through
the enthusiasm on computer. They shared the knowledge and investigated the
computer program together. Eventually, they became the good partner in doing
business when came to their adulthood.
Thirdly, Bill Gates is good at using his own
infective power to persuade and influence other decision. When Bill Gates still
23, he was invited to co-operate with the Apple to develop software. However,
due to his young age, his potential future partner can’t recognize him out at
the first place before meeting, he even has been assigned to make coffee. Fortunately, his good communication skill and
well-preparation has brought him with the admiration and the contract to deal.
TONY FERNANDES
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NAME: DR. ANTHONY FRANCIS FERNANDES
AGE: 51
SEX :MALE
EDUCATION : EPSOM COLLEGE, LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE, UNIVERSITY OF LONDON
BACKGROUND:
Dr. Anthony Francis Fernandes, with the popular name
as Tony Fernandes, is the Group Chief
Executive Officer AirAsia.
Year
|
Achievement
|
1989
|
-Financial
Controller of Virgin Communications London
-joining
Warner Music International London
|
1991
|
-
studied at Epsom College, UK, and the London School of Economics.
-
recognized as an Associate Member of the Association of Chartered Certified
Accountants.
|
1992
|
-Managing
Director, Warner Music Malaysia
|
1994
|
-
Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of
Innosabah Securities Sdn Bhd
|
1996
|
-Regional
Managing Director, Warner Music South East Asia
|
1999
|
-Vice
president of Warner Music South East Asia
|
2001
|
-Has
been the Group CEO of AirAsia
|
2008
|
-
member of the Institute of Chartered Accountants in England and Wales (ICAEW)
|
2010
|
-
the French government had conferred on him the award of Officer of the Legion
d'Honneur, the highest award that can be conferred on a non-French national
|
2011
|
-
Gaining awards include the Honor of the Commander of the Order of the British
Empire, conferred by Her Majesty Queen Elizabeth II for services to promote
commercial and educational links between the UK and Malaysia.
-
He was named as one of the world's 100 most creative people in business for
by New York-based business magazine Fast Company
-He
was awarded the Inaugural ‘Travel Business Leaders Award’ winner by CNBC.
|
THE WAY TO SUCCESS AND HIS COMPANY:
When
Tony Fernandes still was a child, the idea of building a budget airline company
was firmly grew in his mind. This was because of, when he was in the age of 12,
he has been sent to England for further study and he couldn’t get back to his
hometown due to the high price fly ticket. He has accumulated the concept of
low price fly whenever he get the chance to fly with his mother when she was
doing her business. Tony Fernandes also get the strong support from his friend,
Kamaruddin Meranun and Aziz Bakar. Three of them started
to surf internet to collect and make their business plan with capital RM 1
million. In order to get the qualified licence of flying, they met Datuk
Pahamin and they were suggested to have a meet with Perdana Menteri Dr
Mahathir. After presentation the idea to Dr. Mahathir, he highly praised for
the effort they paid, and he offered them to choose and take over one of the
failure airline company from two. Due to the lack of capital problem, the idea
has been delayed for a period. After this, Tony Fernandes met with one of his
old friend with name DRB Hicom， the ex-owner of the
AirAsia. He is agreed to sell his company to Tony Fernandes with RM 1. When
that time, the AirAsia was in debt with RM 40 million, two planes, and 254
staffs. This transaction has been officially done on September 8, 2001. When
that time, there is no company willing to invest in because they still have no
brand. Without enough capital, Tony Fernandes and Kamuruddin Meranun pledged
their house to raise modal. To start the journey to success and reputed their
brand, AirAsia has undergone heavily cut cost through innovative solution,
efficient processes, and passionate approach to business, by using the tagline
“Now everyone can fly”. Until now, AirAsia has truly made air travel accessible
to billions of people in Asean, Northeast Asia, and South Asia. Today, AirAsia has 130 aircrafts and
10,000 staffs and swiftly risen to become the world’s best low-cost airline.
THE
REASONS WHY I CHOOSE TONY FERNANDES:
I choose the Tony Fernandes as one of my idols is due to
several characteristic of his that doesn’t show on other enterpreneurer and I
believe that, those characteristic is essential to help us to build up our own
personality and achieving the success in the coming future. I would like to
share my opinion about Tony Fernandes in the following:
Firstly, Tony Fernandes is never afraid to challenge the
norm. Just a few years ago, the passengers are still needed to call a travel
agent to buy a fly ticket. In order to provide a more convenient service to
customers, Tony Fernandes challenged the norm by riding on the e-commerce wave.
They also introduce online check in service to the customers. His innovative
idea already created a huge success to his company.
Secondly, Tony Fernandes is always dare to think big and
never give up on pursuing his dream. In the old time, the price of the fly
ticket is always high and it cannot be afforded by everyone. At that time, Tony
Fernandes was still a 12 years old boy but he has noticed this problem and he
dares to dream to open his own low-cost airline, even though he still have no
much idea and capital to start. He tried to overcome all these problem by
spending much effort on it.
Thirdly, Tony Fernandes always be positive when facing the
challenges. Although he has only RM 1 million and it is obviously not enough to
buy the failure airline company, but he still be affirmative with that. He even
has a high confident in re-building the airline company, which was in debt with
RM4 million.
