Entrepreneur characteristics in Tan Sri Syed Mokhtar Al-Bukhary
Friday, 14 October 2016 04:50 | Written by your name 0 comments
1.
Failure is an option
Tan
Sri Syed Mokhtar had experienced a business failure when livestock undergo
bankruptcy. Nevertheless, he continued to rise by trying other businesses. His
failure and learn a lesson and experience for his future. After that, he was
successful in business. This success adds his enthusiasm and confidence to
develop themselves in the business world. In addition, Bukhari Shipping also
suffered losses. This led him to incur losses US400,000 dollars.
Based
on the situation on the above, it is clear that Tan Sri Syed Mokhtar also
experienced a failure in business. However, the spirit of Tan Sri to strive to
fruition today. Past failures is a catalyst for success in the future.
2.
Observant
Tan
Sri Syed Mokhtar has been watching and appreciating science practiced by his
father's business. This was because he had watched his father dealing with
suppliers of cattle and buffaloes from Thailand. This allows him to learn a
little bit of business processes. Tan Sri also wise in choosing the underlying
business sector. This is because, he wisely observes expanded needs at a
specific time. At first, he was involved with necessities such as rice and
sugar. Later, he was involved with shipping, in line with current needs.
Therefore,
he is a smart businessman in observing and evaluating the pros and cons of an
action. Observation is very important to get good ideas in business.
3.
Proactive
Tan
Sri Syed Mokhtar Tan Sri Syed Mokhtar al-Bukhari is a proactive. This is because,
he managed to find opportunities that exist in the business environment. In
addition, he was also careful in doing business. He has many personal
characteristics and superior should be emulated by all parties. He is always
looking for any business opportunities that exist and will try to tap into
those opportunities. For example, he has entered into various sectors, where it
has nothing to do with each other. He had entered the food industry,
manufacturing, shipping and more. Therefore, he continues to be proactive in
going into business. Successful entrepreneurs are entrepreneurs who are always
proactive in every action taken.
4)
Visionary
Tan
Sri Syed Mokhtar al-Bukhary has a vision to improve the living standards of
their families. Patience and perseverance through various obstacles to become
the main reason for his success. He is also a man with a vision. This is
because, he is willing to donate his wealth to the poor and religious. Tan Sri
Syed Mokhtar always look forward. Tan Sri Syed Mokhtar's vision is to help
others by using his own wealth. Therefore, he must work hard to ensure that the
vision is achieved. In Islam, his good deeds will be rewarded in the afterlife.
Thus, he contributed a lot for charity purposes.
Therefore,
Tan Sri has set up Yayasan al-Bukhary to help the poor, especially in the field
of education. Until now, Yayasan al-Bukhary has spent more than RM300 million
for religious, cultural and educational. Among the major projects undertaken
are the construction of complex al-Bukhary costing RM400 million in Kedah. The
complex plays an important role by providing facilities such as mosques,
orphanages, and others.
Therefore, clearly show that Tan Sri Mokhtar
Al Bukhary a figure with the foresight to realizing his vision. He has helped
to increase the welfare and development of Islam in Malaysia.
5.
Open risk taker
Tan Sri Syed Mokhtar
Al-Bukhari took a risk when he dabbled in business. He was courageous to
initiate steps in the business such as rice, sugar and others. He said to take
the risk because he did not have a lot of knowledge about the underlying
business sector. With the daring nature to bear the risk, the underlying
business. He has successfully diversified its business without relying on the
sale of the business only.
