1. Set a major goal, but follow a path.
2. Finish what you start.
3. Socialize with others of similar interest.
4. Learn how to learn.
5. Harmonize natural talent with interest that motivates.
6. Increase knowledge of subjects that inspires.
7. Take risk
The blog is about my two favourite successful entrepreneurs in Malaysia who are Dato’ Steven Sim and Dato’ Maznah Hamid. The most important reason that I choose both of them is because they are local entrepreneurs and they are the role model for us to learn their spirit and entrepreneur skill.
Wednesday, 4 December 2013
Saturday, 9 November 2013
Sasaran baharu Maznah
KUALA LUMPUR 4 Sept.
Syarikat kawalan keselamatan tempatan bertaraf dunia, Securiforce Sdn. Bhd.,
(Kumpulan Securiforce) merancang meluaskan empayar perniagaannya ke Amerika
Syarikat (AS) dan negara-negara Eropah tidak lama lagi.
Perluasan ke negara-negara itu yang
akan dilakukan dengan rakan kongsi asing melibatkan bidang logistik dan
perkhidmatan penghantaran kargo.
Ketika ini, Securiforce beroperasi
sepenuhnya di Singapura, Thailand, China, Vietnam, Hong Kong, Korea, Indonesia
dan Turki selain mempunyai pejabat perwakilan di Jerman, United Kingdom dan AS.
Pengerusi Eksekutif Kumpulannya,
Datuk Maznah Hamid berkata, pihaknya dalam proses mengenal pasti rakan kongsi
berpotensi di AS dan negara negara Eropah.
Jelas Maznah, hasrat tersebut wujud
di atas keinginan menyahut cabaran pelanggan untuk memberikan perkhidmatan
logistik secara menyeluruh ke seluruh dunia.
Securiforce dengan kerjasama Perbadanan Pembangunan
Perdagangan Luar Malaysia (Matrade) sentiasa mengintai peluang untuk meneroka
bidang perniagaan logistik di luar negara.
Pembukaan operasi di luar negara diutamakan di negara-negara
yang terdapat syarikat-syarikat dari Malaysia yang menjalankan operasi
perniagaan di sana, katanya kepada Utusan Malaysia di sini.
Securiforce ditubuhkan pada 1981 dan
kini mempunyai 5,000 kakitangan termasuk 4,000 pengawal keselamatan.
Syarikat itu kini mempunyai 65 buah
cawangan di dalam dan di luar negara dengan 60 peratus profil pelanggan adalah
institusi kewangan diikuti syarikat-syarikat multinasional dari AS dan Eropah,
kediaman kenamaan (VIP) dan pejabat kedutaan asing.
Syarikat berkenaan juga
berpengalaman dalam memberi perkhidmatan logistik dan pengangkutan kepada lebih
30 syarikat multinasional yang beroperasi di Malaysia.
Securiforce juga mempunyai gudang penyimpanan
yang mempunyai sistem keselamatan berteknologi tinggi di Lapangan Terbang
Antarabangsa Kuala Lumpur (KLIA), Pulau Pinang, Singapura dan Thailand yang
kerap kali digunakan para pelanggan.
Maznah menambah, bagi menjayakan
hasrat untuk melebarkan perniagaan di AS dan negara-negara Eropah, pihaknya
kini dalam proses meneliti prospek dan kajian kebolehlaksanaan (feasibility)
perniagaan di negara terbabit.
Kumpulan Securiforce mahu membuktikan bahawa syarikat
Malaysia juga berkeupayaan untuk bersaing di peringkat sejagat selain
memastikan usaha itu mewujudkan situasi menang-menang,
ujarnya.
Menurut Maznah, Securiforce adalah
syarikat bumiputera tunggal di Malaysia dan di Asia menawarkan khidmat logistik
keselamatan bersepadu kepada pengeluar barangan elektronik bernilai tinggi di
sejak tahun 1994.
Securiforce turut menawarkan perkhidmatan pengangkutan
barangan bernilai tinggi yang menggunakan lori kalis peluru (Armoured Truck)
yang dilengkapi dengan pengawal bersenjata api, GPS, sistem penggera dan sistem
pengunci elektronik, katanya.
Mengulas lanjut Maznah berkata,
Securiforce juga menyediakan sistem kawalan keselamatan elektronik berkomputer
dan membekal serta menjual peralatan keselamatan seperti kamera litar tertutup
(CCTV) dan membina kenderaan kalis peluru sendiri.
Beliau menambah, Emiriyah Arab
Bersatu (UAE) menyatakan minat untuk mendapatkan sistem keselamatan yang
ditawarkan syarikatnya dan permintaan itu masih di peringkat pertimbangan.
Kami perlu lebih berhati-hati dalam menjalankan perniagaan
di Asia Barat dan perlu menilai terma serta syarat yang akan dikenakan.
Selain itu, kajian sikap dan tanggungjawab rakan niaga di
UAE perlu bagi menjamin kestabilan perniagaan Securiforce di negara tersebut,
ujarnya.
Ditanya sama ada syarikat itu
berminat mengapungkan sahamnya di Bursa Malaysia, Maznah berkata, mengikut
keupayaan, Securiforce layak disenaraikan ke Papan Utama Bursa Malaysia.
Bagaimanapun, kata beliau, ia tidak
dilakukan untuk menjamin perniagaan warisan keluarga itu.
By Azman Ibrahim
5/9/2011
Retrieved from: http://www.utusan.com.my/utusan/info.asp?y=2011&dt=0905&pub=Utusan_Malaysia&sec=Korporat&pg=ko_02.htm
4 things we can learn from Datuk Maznah, owner of Securiforce!
Datuk Maznah Hamid is a force to be reckoned with. She definitely is Malaysia’s iron lady in the business world.
She has taking a deep plunge that no one would and live
through slums before coming out of it. She is the owner of the nationwide
recognized security company, “Securiforce”.
Today she owns multiple successful businesses. She is a very
generous person and is always sharing her success with the public and the
younger generation.
Here are what we can learn from this iron lady:
1. Women is not a weakness!.
Datuk Maznah is a woman, and look where she is now. Woman
can never use the excuse that being a woman is a weakness to not make it big in
the business world. Datuk Maznah is the living prove of a how a woman can be
successful in the business world. Never doubt yourself!. She
is now a boss to over 4000 male workers and is among the leader of a business
highly dominated by men
2. Money is not an obstacle.
Do not give the excuse that no money means you can’t do
business. Datuk Maznah believe anyone can start a business with a small capital
and persevere to make it grow. She started her business with only RM5000 which
is all her hard earned savings, which is quite a large gamble. Gathering
experience and exposure is important.
3. Don’t run away from challenges.
Every obstacle we met we should face it. Life is tough,
there is no escape. Datuk Maznah treats challenges as a motivational drive,
instead of an excuse to run. She even gave birth to one of her daughter in a
slum without proper facilities. Ever since then she decide to take up the
challenges and face it for her families future. Go by this saying “Whatever
that doesn’t kill you, only makes you stronger”.
4. Improvise.
We should always improvise when it comes to business.
Improvise to save the business in its dying times. Datuk Maznah face the
problem of having not enough cash to pay her workers salary, she instead offer
to cook meals for them. When the company started earning money, she paid them
all back with the appropriate amount. In one of the dying times, she herself
even became a night-shift guard. Determination is another key, if there
is a will there is a way.
By Arnold Chua
1st August 2013
Retrieved from: http://www.funnymalaysia.net/4-things-we-can-learn-from-datuk-maznah-owner-of-securiforce/
1st August 2013
Retrieved from: http://www.funnymalaysia.net/4-things-we-can-learn-from-datuk-maznah-owner-of-securiforce/
Reinstate entrepreneur ministry
KUALA LUMPUR: A businesswoman has called on the government to reinstate the Entrepreneur and Cooperative Development Ministry, abolished in 2009, to ensure the welfare of entrepreneurs were not abandoned.
New Straits Times 14 May 2013
Retrieved from: http://www.nst.com.my/nation/general/reinstate-entrepreneur-ministry-1.278504
Securiforce executive chairman Datuk Dr Maznah Hamid said the abolishing of the ministry led to several other ministries absorbing the duties but "clear and coherent organisational skills were lacking".
"I have been running entrepreneurial workshops on a weekly and monthly basis since 2009.
"And these workshops have shown that it is difficult to get things done as the departments dealing with entrepreneurial matters are handled by several ministries," she said in the wake of Prime Minister Datuk Seri Najib Razak's upcoming cabinet line-up.
Maznah, who has been running her security company for over 30 years, said budding entrepreneurs needed a proper platform and this was possible with the reinstatement of the ministry.
"Agencies such as PNS (Perbadanan Nasional Berhad) and Tekun (Entrepreneur Group Economic Fund) can be better managed if they are placed under one single ministry.
"This will also mean less operational costs for the ministry," she said here yesterday.
New Straits Times 14 May 2013
Retrieved from: http://www.nst.com.my/nation/general/reinstate-entrepreneur-ministry-1.278504
Thursday, 7 November 2013
Thursday, 17 October 2013
The 10 Myths of Entrepreneurship
- In reality, although entrepreneurs are action oriented but they are also thinkers.
- They always have alternative plans & actions towards if his/ her original plan fails.
- They make their moves carefully and think deeply when making decision.
Myths 2: Entrepreneurs are born, not made
- This myths mean that characteristics of entrepreneurs cannot be taught or learned.
- In reality, entrepreneurship has models, processes and case studies that allow traits to be acquired through learning.
- Research has proven that entrepreneurs can be produced and taught. It is not limited to certain family, race or individuals.
Myths 3: Entrepreneurs are always inventors
- Many successful entrepreneurs are not inventors, but they use creative ideas in doing something.
- They will modify & innovate ideas to suit the market demand.
Myths 4: Entrepreneurs are academic & social misfits
- It is result from people who have started successful enterprise after dropping out of school or quitting a job.
- In reality, entrepreneurs are viewed as heroes. They excel socially, economically and academically. They must have excellent communication skills and strives in economic development of community.
Myths 5: Entrepreneurs must fit the "profit"
- It is not necessary for individuals to have ALL the characteristics to become a successful entrepreneur.
Myths 6: All entrepreneurs need is money
- Every business venture need capital to survive. But in reality, money does not guarantee success.
- Entrepreneurs have to deal with other problem such as managerial incompetence, lack of financial understanding, poor investment, poor planning and others. So, for entrepreneurs, money is only a resource but not the ultimate objective.
Myths 7: All entrepreneurs need is luck
- Being in the right place at the right time is always an advantage. But "luck" happens when preparation meets opportunity.
Myths 8: Ignorance is bliss for an entrepreneur
- In the competition world of business which demanded detailed planning and preparation, entrepreneur should be equipped with solid knowledge and strategies, which would be key to success.Myths 9: Entrepreneurs seek success but experience high failure rates
- It is not true that many entrepreneurs suffer failure before they are successful.
- But failure can teach many lesson to those who are willing to learn and failure often leads to future success.
Myths 10: Entrepreneurs are extreme risk takers (gamblers)
- The concept of risk is a major element in the entrepreneurship process.
- most successful entrepreneurs work hard through planning and preparation to minimize the risk involved.
Wednesday, 9 October 2013
Secret Recipe adds 10 more Beyond Veggie cafes
Vegetarian Restaurant Receives Positive Response from Public
Secret Recipe Cakes and Cafes Sdn Bhd (Secret Recipe) and franchise owner of Secret Recipe Café plans to open 10 vegetarian restaurant branches known as Beyond Veggie by Secret Recipe in 2013.
Chief Executive, Datuk Steven Sim said, according to early planning, 10 branches will fully be handled by its core company, Secret Recipe.
Opening next year
He said, “Klang Valley will be the main location where all the new branches of Beyond Veggie by Secret Recipe will be opened next year.”
“Beyond Veggie by Secret Recipe is part of the company’s expansion and we expect it to have positive contributions,” he told Berita Harian recently.
At this moment, two branches of Beyond Veggie by Secret Recipe have opened in Tropicana City Mall, Petaling Jaya, and Publika, Kuala Lumpur.
Steven said, Beyond Veggie by Secret Recipe expansion plans are also based on the positive responses at these two branches.
“Even though Beyond Veggie by Secret Recipe is managed by us, the company will explore a franchise operation in the future,” he said.
International operation
He said, “The trend of healthy eating can be seen in several countries and we plan to expand this operation internationally.”
“By the end of 2013 or in beginning of 2014, we are planning to open Secret Recipe’s Beyond Veggie branches in Singapore, Indonesia and China”, he continued.
Different menus
Steven mentioned that menu that is offered in this restaurant is different from the menu at Secret Recipe outlets because it does not contain any meat or any elements of animals.
“The menu here is suitable for all age groups as the main ingredient is vegetables and other ingredients are fresh and natural.”
Numerical Fact
95 choices of food are being offered in the Beyond Veggie Secret Recipe restaurant.
Retrieved from: http://www.tropicanacitymall.com/media/bh_030113.html
Retrieved from: http://www.tropicanacitymall.com/media/bh_030113.html
Secret Recipe secures master franchisees in India, Cambodia
Secret Recipe Cakes and Café Sdn Bhd has secured master franchisees in Southern India and Cambodia during an international franchise signing ceremony yesterday, as part of the company’s regional expansion plan.
Its chief executive officer Datuk Steven Sim (picture) said this is in line with its mission of launching Secret Recipe into profitable markets with longterm sustainability and expansion growth in the food and beverage (F&B) industry.
“I am positive on the success of two ventures in India and Cambodia. The two countries are both ext raordinary markets where demands for such modern cafés are increasingly popular due to the emerging population landscape and lifestyles,” he said in a speech before the signing ceremony in Kuala Lumpur yesterday.
A statement by the company said Faba Global Group Co Ltd Cambodia and Secret Recipe South India Pvt Ltd were both granted the master franchise for operating Secret Recipe in their respective countries and districts under the Secret Recipe Master Franchise Agreement.
“Secret Recipe’s new ventures in Cambodia and India under the master franchise are anticipated to contribute to the company’s growth,” it said.
For its Indian operation, Sim said together with Secret Recipe Restaurants India Pte Ltd, it expects to open the first outlet in Bangalore in the third-quarter of 2012.
“We are confident in achieving a target of ten outlets by the end of 2013,” he said.
For Cambodia, Sim said Secret Recipe is set to make its mark in the F&B café scene, targeting the city of Phnom Penh.
“The location in the city will be perfect for business growth, positioning itself in the centre of a large and growing regional market,” he said.
“Secret Recipe would like to tap into this vast economic potential with foreseeable business success. Together with Faba Global Group, the inaugural outlet in Cambodia is targeted to be operational by April 2012. We are confident of achieving six outlets by end-2013,” he said.
Its chief executive officer Datuk Steven Sim (picture) said this is in line with its mission of launching Secret Recipe into profitable markets with longterm sustainability and expansion growth in the food and beverage (F&B) industry.
“I am positive on the success of two ventures in India and Cambodia. The two countries are both ext raordinary markets where demands for such modern cafés are increasingly popular due to the emerging population landscape and lifestyles,” he said in a speech before the signing ceremony in Kuala Lumpur yesterday.
A statement by the company said Faba Global Group Co Ltd Cambodia and Secret Recipe South India Pvt Ltd were both granted the master franchise for operating Secret Recipe in their respective countries and districts under the Secret Recipe Master Franchise Agreement.
“Secret Recipe’s new ventures in Cambodia and India under the master franchise are anticipated to contribute to the company’s growth,” it said.
For its Indian operation, Sim said together with Secret Recipe Restaurants India Pte Ltd, it expects to open the first outlet in Bangalore in the third-quarter of 2012.
“We are confident in achieving a target of ten outlets by the end of 2013,” he said.
For Cambodia, Sim said Secret Recipe is set to make its mark in the F&B café scene, targeting the city of Phnom Penh.
“The location in the city will be perfect for business growth, positioning itself in the centre of a large and growing regional market,” he said.
“Secret Recipe would like to tap into this vast economic potential with foreseeable business success. Together with Faba Global Group, the inaugural outlet in Cambodia is targeted to be operational by April 2012. We are confident of achieving six outlets by end-2013,” he said.
By Farah Adilla
Monday, 19 December 2011
Retrieved from: http://themalaysianreserve.com/main/news/corporate-malaysia/1130-secret-recipe-secures-master-franchisees-in-india-cambodia
Monday, 19 December 2011
Retrieved from: http://themalaysianreserve.com/main/news/corporate-malaysia/1130-secret-recipe-secures-master-franchisees-in-india-cambodia
Up Close & Personal with Datuk Steven Sim
THERE was a time when Datuk Steven Sim probably did not think that it was possible to have his cake and eat it too. When he set up the first Secret Recipe outlet in SS2, Petaling Jaya, 14 years ago, he was not thinking about building an international lifestyle cafe chain. “Initially, we thought we would be very happy if we could succeed in growing a network of outlets in Malaysia alone,” he recalls.
He must be ecstatic these days. There are now 270 Secret Recipe restaurants, with more than 3,500 employees in eight countries, namely Malaysia, Singapore, Indonesia, Thailand, the Philippines, China, Brunei and Australia. Operating on a casual dining cafe concept, Secret Recipe serves appetisers, pasta, fusion food, cakes, baked desserts, ice cream and beverages. According to Sim, the annual revenue for the chain is over RM400mil.
In Malaysia, the company owns 50 outlets, with another 140 being operated by franchisees. “Last year, total revenue from the 50 outlets and a central kitchen we own in Malaysia was about RM150mil. Net profit was more than RM20mil,” says the 51-year-old Sim.
He left his job as a marketing director at a multinational company, where he was earning a five-figure monthly income, after spotting a gap in the food and beverage (F&B) industry. “At that time, there was a distinct lack of casual dining cafes in Malaysia,” he explains. He set up the business together with three nephews, who are trained bakers, and a start-up capital of RM150,000. “It was self-funded. Until today, we have not borrowed from the banks.”
By Thomas Huong
Saturday June4, 2011
Retrieved from: http://www.thestar.com.my/Story.aspx?file=%2F2011%2F6%2F4%2Fbusiness%2F8829997
Saturday June4, 2011
Retrieved from: http://www.thestar.com.my/Story.aspx?file=%2F2011%2F6%2F4%2Fbusiness%2F8829997
Entrepreneur Concept
Definition of Entrepreneur:
- Entrepreneur is individual who develop a enterprise and can be defined as a person who operates a business that is successful with a profit motive in addition to adopting a strategic practices to succeed.
- Kuratko and Hodgetts (2001)
- One who undertakes to organize, manage and assume the risks of a business - Bygrave in Bygrave & Zacharakis (2004)
- A person who perceived an opportunity and creates an organization to pursue it - Zimmerer & Scarborough (2005)
- One who creates a new business in the face of risks and uncertainly for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capatalize on them
Tuesday, 8 October 2013
Datuk Maznah Hamid
Datuk Maznah Hamid |
Datuk Maznah Hamid is the Securiforce Group
Executive Chairman. She was born in Air Hitam, Kedah Darul Aman. She is known
as the Iron Lady of Malaysia. She is not only a well known entrepreneur and
business woman but she also is a famous motivational author and speaker.
She has started the business venture when she decided to buy an almost bankrupt, unknown security company and now turn it into a multi-million empire. From an unknown entity, Securiforce now has become the largest security provider in Malaysia. When an almost bankrupt company was offered to her, Datuk Maznah and her husband, who were eager to change their ordinary life had took the plunge and sacrificed RM5,000 of their saving as the capital to start the business. Datuk Maznah not only managing the operation during the early days when business just start up, she also to be a clerk, secretary, manager and receptionist. They even sold their own house and moved into a slum that came without electricity for expand their business.
The company was established without any loan
from financial institutions. This because Dato’ Maznah believe that “the main
capital in business is yourself”. In order to success the business, she always
carries the principle of “we should produce a workload more than what we paid
for, as in the end, we will be rewarded much more than what we have done”.
Datuk Maznah has also established Maznah Motivational Centre, MMC,
which conducts seminar on business and human development. She has published a
book entitled "Motivasi Memburu Kejayaan" has become the source of
guidance to the aspiring entrepreneurs who can learn from her own experience,
principles and practices to achieve success and excellence.
Datuk Maznah as a successful entrepreneur not only build and grow her
companies but also contributing to the growth and improvement of the economic
and the society’s life in Malaysia.
Datuk Steven Sim
Datuk Steven Sim |
Datuk Steven Sim, a modern entrepreneur who has established Secret Recipe cafe
and turned it into a successful homegrown franchise business. He has created one of the
most recognized Malaysian brands. He started the business in 1997 with 3 of his
nephew who were bakers. The company
has grown and today has more than 300 staff nationwide and still growing.
Currently, Secret Recipe has presence in countries like Philippines, China,
Thailand and Singapore.
Datuk Steven has worked with international companies in the field marketing and brand--specific oversees a network of offices in Asia Pacific countries. He has learned a lot especially when he has the opportunity to visit different countries throughout his career. He started the first premise of Secret Recipe at SS2 Petaling Jaya. When he first started the chain in 1997, he had a selection of 12 to 25 cakes. Besides, at those days, because lack of capital for promote on the first shop of Secret Recipe, Datuk Steven did his own marketing by offering free coffee. It happened a positive situation that customers trying to enjoy free coffee with the cakes sold there. Five years ago in 2001, when he went into fusion meals, he had only four on the menu. Today, he has a variety of 50 cakes and 60 fusion meals and drinks.
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