At 19 years of age, Rachel Lim’s enterprising spirit led her to take a leap of faith to start her own business while she was still an undergraduate at the Nanyang Technological University. 13 years on, her homegrown fashion business not only went beyond the local online market to capture the hearts of global online shoppers but also expanded to brick-and-mortar retail stores in Singapore, Malaysia, Indonesia, Cambodia and Hong Kong.
“I went on a journey to discover and embrace who I am. I chose to focus on my strengths and hone in on them while acknowledging my limits.” Instead of conforming to cookie-cutter approaches or following the leadership style of famous entrepreneurs, Rachel realised the importance of coming into her own and establishing her own path. Similarly, Singapore business owners should explore their strengths and map out how they want to manage their SMEs instead of mirroring other leaders or businesses.“Intuition is key when you speak to someone and especially today where most people are so skilled at giving the right answers.
Business owners in Singapore can take entrepreneurship to a whole new level if they choose to meditate on what they are grateful for. Whether you practise daily gratitude journaling like Rachel or sit in quiet contemplation for five minutes every day, you will develop more positive moods and optimism to manage your business. Studies also found that keeping a log of what you are thankful for can lower stress, help you sleep better and even reduce the risk of heart disease.
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