Topic > Entrepreneurship and Leadership Report by Sri Lim Goh Tong

Sri Lim Goh Tong is an extraordinary entrepreneur born on 28 February 1918 in Fujian, China. At the age of 16 he had to leave school and earn a living for his family. Since China's situation was unstable, he decided to come to Malaya (Malaysia at that time) at the age of 19 and learned the Malay language while working as a carpenter. He returned to China in 1940, but returned to Malaya and earned money by becoming a vegetable grower before moving into petty trading. Soon after he ventured into the scrap metal and hardware business. He later made his first fortune by engaging in second-hand trading due to the urgent demand for heavy machinery after the end of the Japanese occupation. Then, the late Tan Sri Lim Goh Tong tried several types of related industries, including iron mining and construction. When he was venturing into the construction business, he had the idea of ​​building mountain resorts near Cameron Highlands as it would have the potential to attract local and foreign tourists. He did some research before proceeding with the construction of the resort. Although it was risky, he ignored the negativity and steadfastly went ahead with his plan. He had to work seven days a week and invest all his money in this project called the Genting project. Once the project was completed, the road to Genting was destroyed by violent storms. It took four months to repair the damage before it finally opened in May 1971. Genting Highlands has been developed for nearly 30 years and has diversified into many other industries such as plantations, property, paper, power generation, oil exploration and gas and cruise ships. industries. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Sri Lim Goh Tong possessed leadership traits that helped him become a successful entrepreneur. The first is enthusiasm, as he became an entrepreneur despite not having a proper education. He also did not speak or write in English or Malay. He soon learned Malay, Cantonese and Mandarin. He did not allow the language barrier to be a limit to his success and was able to negotiate one of the largest commercial contracts in the country. Second, he had a visionary leadership style. When he was much younger, he took the opportunity to venture into the heavy machinery industry as there was an urgent demand for it for resumption of operations in mines and rubber plantations. He later foresees great potential if he built resorts on the top of a hill. Even though the project was risky, he was determined to prove that the project can be completed with huge success. The neighbor is conscientious. His never-ending hard work contributed to his success. From vegetable grower to entrepreneur, he never stopped looking for opportunities to develop his business. Even when he was leading the Genting project, he did not want to neglect his current business. He was willing to work seven days a week and traveled endlessly to make sure everything was running smoothly. The fourth is social audacity. He has held fast to his idea and carries forward his project despite the risk of failure or bankruptcy due to the huge amount of money he has invested in the Genting project. When he asked his friends to invest, they rejected him and advised him to abandon the entire project as no one can see the project as a success. According to the late Tan Sri Lim Goh Tong, since no one has the courage to do it, there will be no competition. Another important thing that everyone should have is to be bold but cautious. Tan Sri Goh Tong was.