3 business leaders in Singapore share their tips on becoming a successful entrepreneur

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What makes a successful entrepreneur? How do you run a business effectively? We hear from Ron Sim, founder of Osim, Ho Kwon Ping, founder of Banyan Tree and Jamie Lim, CEO of Scanteak.

Ron Sim, founder of Osim, Jamie Lim, CEO of Scanteak and Ho Kwon Ping, founder of Banyan Tree. Building a company from the ground-up is an arduous task. It requires hard work, resilience and plenty of sacrifices along the way.that have made their mark on the international stage. Massage chair empire Osim was founded by Ron Sim in 1979. Today, Sim is building a spectrum of scalable Singapore-owned brands in the affordable luxury gourmet sector.

Ho Kwon Ping is one of Singapore’s most well-known hotel tycoons, having founded independent hospitality company, Banyan Tree Group.Just as important as building a successful company is ensuring its continuity to the next generation. Oftentimes, this is a challenging endeavour. We hear the perspective of second-generation CEO Jamie Lim, who now leads Scanteak, thestarted by her father.

“While brings trouble and we stir the pot, I believe iron sharpens iron and together, we just bring stronger synergy into bettering the business. Take the experience your parents had because you are in the business, I’m sure, because it’s successful. But then, reinterpret that, reinvent yourself with it.”

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