Terence Tan’s frustration with life in a major bank led him to start a business transforming others lives as well as his own.
What’s your story?
I have an accounting degree and a post grad in finance and I was working with a major bank. It was a great job with good pay, but I felt I was going nowhere. I was exposed to transoformation, experienced it and loved it so I jumped on it and started the business with really little money and has grown to what it is today.
What excites you most about your industry?
I am in the transformation industry. Transforming business and relationships through process and education. Outside the industry people make up stories of what they think they know about it and speak as if they know it but they have absolutely no idea. This information needs to get out as it will be the most important information for humanity to survive.
What is your connection to Asia?
I was born in Malaysia and have worked with people throughout Asia. I have worked or lived in more than 8 Asian countries.
Favourite city in Asia for business and why?
At the moment for me would be Cambodia, it is like Malaysia in the 80s. Plenty of opportunities to grow as a country and community. The people are hungry to learn and they work really hard. I am always excited to work with a community like that.
What’s the best piece of advice you ever received?
Focus on your passion would be it. If I was just working for money, I would have given up on my business long ago, as there are many ways to make money. As it is my passion, I would be doing it even if it didn’t make any money. It is very fulfilling.
Who inspires you?
I would say my daughter. Because of her, I wanted to change the world to be a better and safer place for her to live in. As a result of that goal, I took on a global goal instead of a country goal. It changed the view of how I see things.
What have you just learnt recently that blew you away?
Recently I learnt how Skype designed their business and how they made it possible. It is an unusual business; how you can create a zero cost business with tech as a leverage. Since then I see business very differently.
If you had your time again, what would you do differently?
Fail faster would be it. Being an analyst, I plan too much and do too little. Ready, get set and go. The get set part took a long time for me. As an entrepreneur it would be more ready, go, get set. With market feedback, we correct along the way.
How do you unwind?
I cycle on the weekend to see the country.
Favourite Asian destination for relaxation? Why?
I love Bali, particularly Ubud. Its energy is quiet and spiritual, I use the time there to recover, eat clean, and recreate my next year forward.
Everyone in business should read this book:
Good to Great by Jim Collins. It is a great research book. The rest of the books are based on someone’s opinions and great ideas on how it works for them.
Shameless plug for your business:
In the last 20 years of my work, I have saved marriages, helped separated couples get back together.
I have mended broken family relationships. I helped them find out what it was about them that created the breakdown. I also help many entrepreneurs solve major problems, in return for handsome returns and pride in doing good in the world.
How can people connect with you?
I work best by phone or email. [email protected]
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To hear how entrepreneurs around the world overcome their challenges, search your favourite podcast platform for ‘CallumConnects‘ to hear a 5-minute daily breakdown.
Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built, and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder and CEO of MBH Corporation PLC. He is the author of three best-selling books ‘Progressive Partnerships’, ‘Agglomerate’, and ‘Entrepreneurial Investing’.