Gen Y Speaks: 5 things I learnt after dropping out of university, clearing a hefty debt and setting up a business

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I don’t come from money. My parents migrated to Singapore when I was five years old and it was through their sacrifices that I managed to go to school and have food to eat and clothes on my back.

My parents migrated to Singapore when I was five years old and it was through their sacrifices that I managed to go to school and have food to eat and clothes on my back.

At first, I was sceptical, but I thought of giving it a try after I saw testimonials of people achieving great success such as owning luxurious cars, getting five-figure pay cheques and so on. I wanted to be like them too. The first three months, we were earning minimal revenue, then in the fourth month, construction work was happening all around our stall.

We went to all the banks to negotiate instalment plans and my parents helped me pay off some smaller debts so I worked out a payment plan to return their help too.The author with his uncle, father, sisters and mother celebrating his youngest sister's birthday in 2017.However, in 2011 and 2012, bookstores started to shut down.

It was only after I started my own business that I started to realise that as long as I live by other people’s standards, I will never be happy.

 

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