douglas gan

Q: What do you think it takes to become a successful entrepreneur?

Jack Ma once said, “You are poor because you have no ambition.” I think what it takes to become a successful entrepreneur is to be realistic, focused and yet also be a dreamer and be fanatical about perfection. My own four words are: Perseverance. Determination. Passion. Ambition.

Q: What is the best and worst feedback/comment you have received so far?

I heard the same feedback in a single sentence before. The guy told me, “You are destined for greatness, or complete failure.”

Q: Setting up a business is definitely not easy. Who do you get your inspiration/strength from?

When I started my first few businesses, I drew strength from my mum who inspired me to do what’s right and when I do something, I must be a perfectionist and do my very best.

Now that I’m married and am starting a family (baby coming in February), I draw strength from my wife and my potential family in the future.

Q: What was the best piece of advice that you have received that inspires you up to this day?

“If you want to do something, do your best, or else why bother? Don’t do something to be just so-so. If want to do, be the best. Be the best of the best. Be number one. If not, don’t do, don’t waste time. Do something else.” – Mary Jane Tan (my mum).

douglas_gan

Q: I’m sure there are many aspiring entrepreneurs owners out there. Do you have any advice for them?

I think my mum’s and Jack Ma’s advice are great but my personal advice is, “If you are going to work on something eight hours a day for one-third of your life, you better love it.”

Q: Complete this sentence, “A successful entrepreneur is…

…a team of people who helped set the stage for the recognition of a single important message – one that has a huge impact that can impact the world or the industry they represent.

Q: Do you think that innovation is important in order for a business to succeed?

There’s a saying that, “Electric light did not come from the continous improvement of candles.” Innovation is so important for every business.

Start-ups grow their businesses only to become Multi-National Companies (MNC) some day and without innovation, the MNC will be like the many fallen darlings of the world, for example, Nokia’s Mobile Division.

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