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 Teachings from the Malaysian tycoon, Tan Sri Fumihiko Konishi

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SUSAngelic Layer
post May 28 2021, 06:53 AM, updated 5y ago

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Tan Sri Fumihiko Konishi is a chemistry graduate from Tokyo University of Pharmacy in 1966, after studying English, he traveled abroad to different country finally deciding to settle in Malaysia in 1968.
At first he was penniless and have difficulty finding foreign work permit in Malaysia, he soon work in a Chemical dye trading company in Singapore, gaining contacts and experience in the process.
Using his chemical knowledge, he started Fumakilla in Penang (now Texchem), he have since started over 70 businesses which more than 20 failed, he now owns 45 companies which includes Sushi King and seafood production company in Myanmar.
In 2007, he was awarded the title of "Tan Sri" by Agong for his contribution to the economy of Malaysia.
More interested in entrepreneurship, he leaves the running of the company to his CEO while he focus on launching new businesses which now include bio degradable and environmental friendly solutions.

His house in Penang:

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His book (Japanese)
https://www.amazon.co.jp/%E3%83%9E%E3%83%AC...k/dp/B06Y1626Y7
Teachings from the Malaysian Tycoon - 25 simple rules.


This post has been edited by Angelic Layer: May 28 2021, 06:58 AM
Mr.Robert
post May 28 2021, 07:04 AM

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List them down please.

Feed me
CZero
post May 28 2021, 07:07 AM

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From: 0:0:0:0:0:0:7f00:1
QUOTE(Mr.Robert @ May 28 2021, 07:04 AM)
List them down please.

Feed me
*
https://www.bloomberg.com/profile/person/1786964
malakus
post May 28 2021, 07:08 AM

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Tips 1. Find strong cables.
Tips 2. Grease the shit out of the cables
pandah
post May 28 2021, 07:49 AM

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gua sukak pakai fumakilla insect spray

baru tau factory in penang
LowKeras
post May 28 2021, 07:54 AM

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I found this educated me

'gaining contacts and experience in the process.'
SUSAngelic Layer
post May 28 2021, 08:01 AM

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QUOTE(Mr.Robert @ May 28 2021, 07:04 AM)
List them down please.

Feed me
*
1. Fight your battle in a field where there is no competitors to succeed.
2. A person with average ability should dare to take more risk.
3. There are no unsolvable problems in business.
4. An average person can become extraordinary if they are passionate.
5. Delegate work to subordinates is the strongest strategy.
6. People who are successful continuously measures their success in ways more than profit and loss.
7. The difference in successful person and unsuccessful person is "trust".
8. Difference between lucky and unlucky person is the ability of grasping opportunity (rather than your capability)
9. The ironclad rule in investment is invest in human resource.
10. Do not get angry when Chinese hate you (Japanese) understand the deep reason. (Be humble)
12. Why there should be difference between Malaysian tycoon and Angmoh tycoon? (be confident, do not kowtow just because he is Angmoh, yet never discriminate other races)
13. People who save money will be poor. (There is no value in money that is not put into use)
14. People who only thinks that business are just about "selling things" will not be successful (understand the nature of business)
15. Why accountant who goes to play at noon rise to CEO the fastest? (Work smart according to the condition of the field, not work hard)
16. How to deal with strong people in negotiation (Understand their appetite, draw a deal breaking line, strong man have ego, do not be angry)
17. How do turn hostile people into friend (People are weak in groups, so they act tough and hostile. Facing "one person" that person will be your friend, never compromise on "trust", deal in negotiation alone to show that you are in charge and as a person)
18. How to apologize (draw a black and white line in business, do not apologize for the sake of calming down the matters (insincere), what people want is justice, do not run away from responsibility.)
19. First class people care about health as well as study and work.
20. Make anxiety your friend (do not let anxiety turn into desperation, let it concentrate your nerves in analyzing the conditions)
21. Just be happy with your life, you don't have to look great by other people's standard (Self content)
22. Failure is a part of life, suck it up and do not trouble others.
23. Success is not a matter of capability but a matter of ambition.
24. Other than guts, be optimistic and creative in solving problems even using extreme measures.
25. People who work for the benefit of their family is trustworthy, no need loyalty for the company, be good and considerate to your employee's family and they will be loyal.
Other:
- Be optimistic
- Turn crisis into opportunity
- Value trust over money
- Give recognition and praise to your subordinates.

This post has been edited by Angelic Layer: May 28 2021, 08:24 AM
farkingdom
post May 28 2021, 08:01 AM

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Buy his book > makes him richer
doppatroll
post May 28 2021, 08:03 AM

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QUOTE(malakus @ May 28 2021, 07:08 AM)
Tips 1. Find strong cables.
Tips 2. Grease the shit out of the cables
*
This. laugh.gif
Nowadays, if you want big, you got to have cables..... they are the source connection to your wealth...just bite the cable that feeds you
Lyu
post May 28 2021, 08:36 AM

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Y Malaysia

SG was his start point rite
SUSAngelic Layer
post May 28 2021, 08:48 AM

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QUOTE(Lyu @ May 28 2021, 08:36 AM)
Y Malaysia

SG was his start point rite
*
Point 1 in rule #7.
He intend to start in Malaysia anyway, but he cannot find employment in Malaysia.
Lyu
post May 28 2021, 08:57 AM

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QUOTE(Angelic Layer @ May 28 2021, 08:48 AM)
Point 1 in rule #7.
He intend to start in Malaysia anyway, but he cannot find employment in Malaysia.
*
Sounds like he not thankful

It was SG who granted the work permit first rite?
SUSAngelic Layer
post May 28 2021, 08:59 AM

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QUOTE(Lyu @ May 28 2021, 08:57 AM)
Sounds like he not thankful

It was SG who granted the work permit first rite?
*
Why starting a business in a place with no competitors with your own effort and opportunity is not thankful?
Singapore kasi dia?
He have to drive more than 5000km to do sales for Singapore company, kena diao Chinese because he is a Japanese.
anakMY
post May 28 2021, 09:02 AM

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never heard of this person, really that low profile huh?
fun_feng
post May 28 2021, 09:03 AM

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I saw this house, never knew the owner is Japanese
thxxht
post May 28 2021, 09:04 AM

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buying that book is just gonna make him richer
y500
post May 28 2021, 09:04 AM

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lich
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post May 28 2021, 09:12 AM

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post May 28 2021, 09:22 AM

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QUOTE(Angelic Layer @ May 28 2021, 08:01 AM)
1. Fight your battle in a field where there is no competitors to succeed.
2. A person with average ability should dare to take more risk.
3. There are no unsolvable problems in business.
4. An average person can become extraordinary if they are passionate.
5. Delegate work to subordinates is the strongest strategy.
6. People who are successful continuously measures their success in ways more than profit and loss.
7. The difference in successful person and unsuccessful person is "trust".
8. Difference between lucky and unlucky person is the ability of grasping opportunity (rather than your capability)
9. The ironclad rule in investment is invest in human resource.
10. Do not get angry when Chinese hate you (Japanese) understand the deep reason. (Be humble)
12. Why there should be difference between Malaysian tycoon and Angmoh tycoon? (be confident, do not kowtow just because he is Angmoh, yet never discriminate other races)
13. People who save money will be poor. (There is no value in money that is not put into use)
14. People who only thinks that business are just about "selling things" will not be successful (understand the nature of business)
15. Why accountant who goes to play at noon rise to CEO the fastest? (Work smart according to the condition of the field, not work hard)
16. How to deal with strong people in negotiation (Understand their appetite, draw a deal breaking line, strong man have ego, do not be angry)
17. How do turn hostile people into friend (People are weak in groups, so they act tough and hostile. Facing "one person" that person will be your friend, never compromise on "trust", deal in negotiation alone to show that you are in charge and as a person)
18. How to apologize (draw a black and white line in business, do not apologize for the sake of calming down the matters (insincere), what people want is justice, do not run away from responsibility.)
19. First class people care about health as well as study and work.
20. Make anxiety your friend (do not let anxiety turn into desperation, let it concentrate your nerves in analyzing the conditions)
21. Just be happy with your life, you don't have to look great by other people's standard (Self content)
22. Failure is a part of life, suck it up and do not trouble others.
23. Success is not a matter of capability but a matter of ambition.
24. Other than guts, be optimistic and creative in solving problems even using extreme measures.
25. People who work for the benefit of their family is trustworthy, no need loyalty for the company, be good and considerate to your employee's family and they will be loyal.
Other:
- Be optimistic
- Turn crisis into opportunity
- Value trust over money
- Give recognition and praise to your subordinates.
*
actually, his success really started with No 1 on this list.

in Japan, mosquito coils are a normal thing during the summer.
when he came to malaysia/singapore, where the weather is like summer whole year long, but no mosquito coils? no ubat nyamuk?

make one. no competitor. became rich faster. short cut.

in the interview i saw, he said he was travelling for holiday in malaysia when he got the idea.
he has been travelling to many countries, then only he decide wanna work in Singapore/malaysia.

well, good that he can bring things that is already developed in his country to other country.
those days, being able to travel and holiday in other countries really open up opportunities and broadens your experience.

nowadays, have internet.
have cheap flights.

those days only helang can do it.
rich gets richer.





Izzet
post May 28 2021, 09:27 AM

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His mansion in Penang is like a castle and upscale neighbourhood at Jesselton near botanical garden.Super helang.
alanyuppie
post May 28 2021, 09:28 AM

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Half of the stuff in the list are pretty common sense and cliched even.


lagista
post May 28 2021, 12:11 PM

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QUOTE(alanyuppie @ May 28 2021, 09:28 AM)
Half of the stuff in the list  are pretty common sense and cliched even.
*
Ayam glad he stay away from cronism, songlap in order to make quick easy money eat super ring
botlife
post May 28 2021, 12:16 PM

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all so call teachings sharing is not intend to make u sucess one, its for make himself feel greater

as sucessful people know sucess cant be duplicated 99.99% of the time
SUSCincai lar
post May 28 2021, 12:24 PM

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so malaysia citizenship liao ???... or still jepunis ??
Ayambetul
post May 28 2021, 12:26 PM

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Jipang sekali lagi menjajah tanah malaya
J1g54w
post May 28 2021, 12:35 PM

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QUOTE
13. People who save money will be poor. (There is no value in money that is not put into use)


Need to invest money to make more money. Invest in business, invest in skills, invest in people, invest in assets. Money sitting in bank is useless money.
bristlebb
post May 28 2021, 01:03 PM

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back then things work, even an illiterate guy can be a successful businessman
nasiputih
post May 28 2021, 01:12 PM

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QUOTE(Angelic Layer @ May 28 2021, 08:59 AM)
Why starting a business in a place with no competitors with your own effort and opportunity is not thankful?
Singapore kasi dia?
He have to drive more than 5000km to do sales for Singapore company, kena diao Chinese because he is a Japanese.
*
all this suffering seem to be connected to dap
ericangtzeann
post May 28 2021, 01:15 PM

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Good taste in house.
SUSAngelic Layer
post May 28 2021, 05:19 PM

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I forgot to add that he mentioned to be patient while working for others, stay at a particular job for at least 5 years.
He work for far lower income than in Japan for 6 or 7 years before setting up his own after gaining enough contacts and capital in the region, he can stay to do so because he have a clear objective. (ie he didn't work for an income, but work so that he can set up a business)

This post has been edited by Angelic Layer: May 28 2021, 05:20 PM
kamfoo
post May 29 2021, 12:51 AM

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Smart guy
Blofeld
post May 29 2021, 01:12 AM

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didnt realise it's his house when i jogged past that house
SUSrainy~days
post May 29 2021, 01:23 AM

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if u have a rich daddy~ can skip most of the things on the list
Questions12345
post May 29 2021, 01:26 AM

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Wtf his house atleast rm20 mil in that location
Khabib Nurmagomedov
post May 29 2021, 01:37 AM

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QUOTE
A person with average ability should dare to take more risk

No wonder genting kaya raya
SUStsunade
post May 29 2021, 01:48 AM

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So many of his rules point to kabel mesti kuat
merv_99ers
post May 29 2021, 10:50 AM

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got translated version of the book? mana jual?

kindly share the link tq
SUSAngelic Layer
post May 29 2021, 02:18 PM

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QUOTE(merv_99ers @ May 29 2021, 10:50 AM)
got translated version of the book? mana jual?

kindly share the link tq
*
I don't think so, I just happen to saw it randomly.
Maybe it would be interesting if an English translated version be published, I'll shoot a mail to Texchem and the publisher and see what I may hear from them.

 

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