Entrepreneurial Traits : Observant

    Observant means to pay close attention to precisely everything that happens around us. It is a process of collecting the information by seeing or, more specifically as observations of behaviour and make a note of the behaviour observed. Example of successful entrepreneurs is DatukLoh Boon Siew.

      When DatukLoh Boon Siew’s childhood, he started working by collecting animal filth as fertilizer in agriculture and fishing for sale as a family income .When he was 12 years old, his father took him to Penang to migrate and find a source of income . He was told by his father to work in a mechanic shop.

        They both do not have the slightest time to have fun but to work hard to send money to families who are in China. To earn more, on the night he washed his bus and wage 10 cents per bus. At the age of 18, he decided to run their own business and often figure out a way how to get the opportunity to do so.

        He save the money little by little, then bought some mechanical equipment, worth RM10.00 and 8 buses worth RM200.00 to be repaired and used as a passenger bus. The bus also highly profitable which is from RM1.20 to RM1.40 per day.  

         In 7 years, he owned 40 buses and a store which sells spare batteries and vehicles . After the Second World War ended, Datuk Loh expanded his business by opening a second-hand car shop and become distributors of some sort of British motorcycles. 

 In 1958, he visited Japan for outings. In Japan he saw a Honda motorcycle that has never been used in Malaysia and think maybe get a good market if brought to here. After detecting the producers who, he made ​​a deal to order 12 units. This bike was later sold to his friend without taking any profit. This is show that Datuk Loh have is good observant because he successfully sees Japan as a country which leads to the expanding of his business. 

         Now he is the one who managed to put the Honda as the third largest vehicle sold in the country since 3 years ago. He has reason to be proud of its success in the business and corporate leaders, putting him as one of the richest in Penang and from 10 leading figures in the Malaysian entrepreneurs.