Friday, July 29, 2011

How the 'Popiah King' Became a Billionaire

Came across the following inspiring article tt i wanna share with u...

Also saw the Yahoo article on Irene Ang n sometimes i think i'm also fragile like a wine glass...life is what we make outta it...what we make the most outta the packs of cards tt we were dealt with at birth...sometimes i feel tt i have to fight for so many things in my life...i juz have to be thankful tt all these have added strength to my character n made me the person tt i am today...i guess u wouldnt use the word boring to describe me...leechie muz jia you!

""I've willed myself to be strong. I'm not who I am today by birth," Irene Ang says. "I was very quiet at home growing up; I always felt that I had not earned my rights to speak up."

"I knew then that life was what I made out of it, and from a young age many incidents taught me that I have to fight for what I want," Irene Ang adds. "That made me who I am today -- going through a tough childhood -- so I am very touched, and always grateful.""






‎"Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are!"
N what gives u the right to judge n stereotype me when ur character is like ...??? =.="

"Never waste time on a person who can't accept u as who u r. The relationship will never run smooth even if there is an opportunity." ~ Jason
I'm only a leechie...too bad if u cant even accept tt...it's not my prob ;p

"Everything that irritates us about others can lead us to an understanding of ourselves."

"Life is not about achievement, it's about learning and growth, and developing qualities like compassion, patience, perseverance, love, and joy, and so forth. And so if that is the case, then I think our goals should include something which stretches us." ~ Jack Canfield

"Life is like a piano, the white keys represent happiness & black keys show sadness. BUT as you go through life’s journey, remember that the black keys too make music !"

"Justifying a fault doubles it"

"Financial success doesn’t equal life success. Success and happiness is a culmination of many things. If one is off big time, you’re not going to feel like a success, or maybe even happy. That’s why it’s so important to pay attention to everything that matters to you now, and not just what money can do for you later." ~ Harv

"I don't care what you earn, where you live, what you drive, whether you're gay or straight, fat or thin, tall or short, beautiful or average, rich or poor, smart or not. If you're my friend, you're my friend. I accept you for who you are, and that's ALL that matters. If you feel the same.. steal this status from me, your friend, like I just did from another friend ....Keep it movin"

Saw thess jokes ;p
"My hairdresser (cute gay guy) used to bitch: "Wonderbra is biggest culprit for False Advertisement ever. After you seduce her, and take off her bra .. and you "wonder" where her boobs go to!".
I told him: "Well, its exactly just like men talking "big" and boasting about themselves to impress women. Real life disappoints!""

"Written on pub men's room wall: "Dont look up here for a joke, its in YOUR HANDS""

"Religion is like a penis. It's fine to have one. It's fine to be proud of it. But please don't whip it out in public and start waving it around, And PLEASE don't try to shove it down children's throats."

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"How the 'Popiah King' became a billionaire

Friday, Jul 29, 2011
AsiaOne

It was a gesture of goodwill that led 62-year-old billionaire Sam Goi to his #12 spot in Forbes Asia's Singapore's 40 richest list this year, but his entrepreneurial streak was what carried him through.

Despite being known as the 'Popiah King', food was not what Mr Goi set out to do when he first ventured into business.

Born to a farmer from China's Fujian province, Sam Goi migrated with his family to Singapore when he was six. They lived in Geylang, where they lived in a one-room tenement and where his father opened a small grocery store.

After dropping out of high school, he did odd jobs at a mechanical repair shop while also helping his father at the store. It was here at this repair shop that he found out that he had a knack for fixing machines.

His first business venture was, fittingly enough, his own repair shop, which he financed through a loan from his father. However, it closed in less than a year.

He did not give up. He was able to raise enough money through the informal Chinese community lending network to start the same business, now called Sing Siah. In four years, his revenues had grown to half a million dollars, and he started a new business to repair ships at the Jurong Shipyard. These two businesses kept flourishing, with multi-million dollar revenues that enabled him to employ 400 people.

It was his third business, however, that made him a billionaire.

When he moved to an industrial zone, he stumbled upon a factory which had a unit that was struggling, with feuding partners. The product: popiah skins. He bought a controlling stake from the owners, who he had earlier befriended. He later bought out his partner, who had started a similar business in Malaysia. By 1980, he had full control of Tee Yih Jia.

From a small operation employing 23 people who could produce 3,200 wraps a day, it is now a frozen foods empire with estimated revenues of US$1.3 billion (S$1.6 billion) that produces 35 million pieces of popiah skins daily in factories in Singapore, China, Malaysia, and the US.

These are sold under the company's Spring Home Brand, and are distributed internationally, together with other products like roti paratha, Indian samosas, glutinous rice balls, and prawn balls.

In 2006, he handed over operations to his US-educated children, and is now going into property in China.

He told Forbes Asia: "I'm a simple man who started in a small way with the humble popiah, but now we've gone far beyond that."

Source: Forbes Asia"

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Simply ♥ this song ;p

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