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Sunday, 27 November 2016

TASK B

TRAIT 1 : Observant
        Observant is an entrepreneurial traits that a successful entrepreneur should have. In a general, observant is quick to notice also known as alert. Observant is important to entrepreneur because it help them to view even further to develop their business. Entrepreneur who have observant trait in their self-know how to plan, organize, formulate, and take every opportunities that came up to them.  One of the advantage to the entrepreneur that have observant trait is they are able to predict thing before the worst happen.
            This observant value lies with the 8th richest man in Malaysia who is Tan Sri Syed Mokhtar Al-Bukhary. He is the richest Bumiputra entrepreneur in Malaysia who involved in diversified business area which is transportation and logistic, property development, plantation, defense and armory as well as engineering and power generation. According to Forbes, his net worth estimated to be US$ 2.90 billion.
            Observer like to look onto something deeper and could recognize the advantage and disadvantage quickly, potential and grab the chances and opportunities that appear. Tan Sri Syed Mokhtar Al-Bukhary’s smart way of thinking help him to gain the confidence from two shipping companies which is Maersk Sealand (Denmark) and Evergreen Marine (Taiwan) to move from Singapore to Tanjung Pelepas Port.
            Tan Sri Syed Mokhtar Al-Bukhary is a person who is quick to notice and grab any opportunities that appear to him. He also know how to manage thing well and able to get good achievement according to decision that he made. Thus. His observant value in every aspect has made him as the one of the successful entrepreneur in Malaysia.




TRAIT 2 : Proactive
         Proactive generally intends to take action before it's time to act (Sudin Haron, 1990). In fact, this feature also involves the positive attitude of an individual or institution in planning or performing an action, which will be considered criticality in advance again. This is to prevent the occurrence of something that absolutely requires the act in question. Proactive entrepreneur is a person who has often made changes in their lives to achieve that dream. They are determined to be the driving creative in their own lives and become an inspiration to others. Entrepreneurs can make proactive decisions that are prudent and responsible decisions regardless of the mood and the environment. Entrepreneurs who have a proactive feature will also act more aggressively in the behavior and actions in the business world. Proactive features that exist within these entrepreneurs will produce entrepreneurs who are creative and skillful in providing products and services for business and always looking for new opportunities to develop its business.
        Proactive also mean already makes a planning for something and thinking ahead and make a great idea. As an entrepreneur, we should strive for more proactive rather than be reactive. Tan Sri Syed Mokhtar al- Bulkhary is the one entrepreneur that being proactive, he doesn't focus on one business only, he has many kinds of business such as transportation and logistics, plantations, property development, defense and armory as well as engineering and power generation. He is also known for doing good by building centers of care and research. Reproduction of a general nature and is suitable for multi-racial society, especially in Malaysia's population is made up of various races, religions and beliefs. Therefore, entrepreneurs who practice this nature is able to attract many customers in turn can generate profits for the company following the sale of products that are appropriate for the client.



TRAIT 3 : Visionary
     His really likes in business and development ports. For example Pelabuhan Tanjung Pelepas Johor becomes famous in the eyes of the world in just a few period.His glory that his can dominate 90 percent Seaport Terminal (Johor) Sdn. Bhd in 1993. Tan Sri also achieve a mega project when Seaport tender give to him for 30 years to build Pelabuhan Tanjung Pelepas(PTP).

       Tan Sri Syed Mokhtar Al Bukhari also a owner of Syarikat Gulf International Investment Group Capital (GIIG) that have the important rules in Projek Hidro Elektrik Bakun.More than that, his have some famous firm in Malaysia like Malaysia Mining Corporation Berhad (MMC), PERNAS, Padiberas Nasional Berhad, Malakoff Berhad, Johor Port Berhad, Impian Teladan Sdn. Bhd., Indra Cita Sdn. Bhd. And many more.

        Tan Sri Syed Mokhtar Al Bukhari is a visionary person. His always imagine the future and move forward. Tan Sri is a successful businessman with various humanity value in his heart. We have to make his be our icon in daily life.








TRAIT 4 : Risk Taker
       In our opinion, we also see Tan Sri Syed Mokhtar Al-Bukhary as a risk taker. We can see it when he took a decision not to take SPM and help his parents doing their family business.
As we all know, level of someone's education mirror their cleverness and it is utmost important for a bright future instead. But Tan Sri Syed Mokhtar willing to sacrifice and gamble his possibly bright future by not taking SPM and start a business that he himself does not certain whether he will success or not in the venture.
 We also can see this characteristic in him when he wanted to approach logistic and transportation field. Before this, he do not know anything about this field, but he studies and made some research about this certain field. He finally made a decision to enter this particular field to start a new business.
He took the risk to enter the field. So, we can see that Tan Sri Mokhtar Al-Bukhary is a risk taker and we salute him so much!








TRAIT 5 : Failure is An Option
      Tan Sri Syed Mokhtar Al-Bukhary is a very successful entrepreneur in Malaysia. He was born in Alor Setar, Kedah, 1951. According to Malaysian Business Magazine, he had property valued RM2.93 billion in 2005 and became the richest businessman in Malaysia.
        To be a successful entrepreneur, he had gone through a lot of failures. For the first time he tried a business was after he graduated from secondary school and at that time, he helped his father who found a breeding cattle. But, the business had collapsed because the foot and mouth disease has devastated the entire business of breeding cattle in 1970. However, he never give up to reach the top. He tried to rebuild this business by selling meat along Alor Setar and surrounding. Then, he shared the meat packing ice and sell it to the Bumiputera dealer and restaurants around it. He was succeed in this kind of business. He was confident and persistent to develop his business.
        He was not only selling meats, but also involved himself to transportation business. He got permission to get four trucks under the class A company, named Sentosa. Then, he established Shah Company and applied for a rice trade license from BERNAS, continued by supplying rieto FELDA, MARA, and PERNAS trafficking. And several subsidiaries of Johor State Economic Corporation in 1975.
        After he successfully ran the businesses, he expanded his business to the other sector. Such as Amtek Holdings to manufacturing shoes and Oriental Garments Uniform Division for clothing.


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