Terence Zou is happy to be transforming the lives of millions through his carpooling app.

What’s your story?
Navy Commander. Harvard graduate. Private equity investor. Finance lecturer. Founder and CEO of RYDE – Singapore’s number one carpooling mobile app!

What excites you most about your industry?
We are transforming the lives of millions while saving the earth.

What’s your connection to Asia?
I grew up in Singapore, studied in the UK and US and worked in Hong Kong for a while. I travelled extensively throughout China doing deals in my finance days.

DSCF0628 Terence2

Favourite city in Asia for business and why?
Hong Kong. A very cosmopolitan, dynamic and free city. Lee Kuan Yew once said that Hong Kong people move around and do business with a certain “buzz.”  I totally agree.

What’s the best piece of advice you ever received?
My Navy commander once told me, “nothing is impossible. It’s all about working hard and having self belief.” I took his advice seriously.

Who inspires you?
Jack Ma. He grew Alibaba from an unknown internet company in Hangzhou to an NYSE listed firm and he did not even write a line of code.

What have you just learnt recently that blew you away?
Madonna’s performance during her Singapore Rebel Heart Tour certainly blew me away.

If you had your time again, what would you do differently?
I would not have done anything differently because life should be seen as a whole and not in parts. The sum of my experiences shaped my thoughts and convictions to step out to be an entrepreneur.

How do you unwind?
Listening to jazz with a glass of shiraz and some camembert on the side. Very therapeutic.

Favourite Asian destination for relaxation? Why?
Phuket. Been there many times. Beautiful beaches, weather and great food! Thai people are one of the most hospitable people around!

Everyone in business should read this book:
Zero to One. Peter Thiel talks about uncharted frontiers to explore and business innovation.

Shameless plug for your business:
RYDE is the future of mobility, transforming the way we move around.

How can people connect with you?
Visit our website at http://www.rydesharing.com/sg/home/ and like our Facebook page https://www.facebook.com/rydesharing/

Twitter handle?
@rydesharing for our Instagram and Twitter!

This interview was part of the Callum Connect’s column found on The Asian Entrepreneur:

CallumConnectsCallum Laing invests and buys small businesses in a range of industries around Asia.  He has previously started, built and sold half a dozen businesses and is the founder & owner of Fitness-Buffet a company delivering employee wellness solutions in 12 countries.  He is a Director of, amongst others, Key Person of Influence.  A 40 week training program for business owners and executives.

Take the ‘Key Person of Influence’ scorecard <http://www.keypersonofinfluence.com/scorecard/>

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Get his free ‘Asia Snapshot’ report from www.callumlaing.com

Recently Published

Key Takeaway: A study has found that humble leaders can become more promotable by growing others through a “humility route”. Human capital theory suggests that employees’ value can be enhanced by investing in their knowledge, skills, and abilities. Humble leaders focus on the learning and growth of their followers, creating human capital value for themselves. […]

Top Picks

Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […]
Key Takeaway: Wellness culture, which claims to provide happiness and meaning, has been criticized for its superficial focus on superficial aspects like candles and juice cleanses. Psychological research suggests that long-term wellbeing comes from a committed pursuit of both pleasure and meaning. Martin Seligman’s Perma model, which breaks wellbeing into five pillars: positive emotions, engagement, […]
Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […]
Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […]
Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […]

Trending

I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

Join our Newsletter

Get our monthly recap with the latest news, articles and resources.

Login

Welcome to Empirics

We are glad you have decided to join our mission of gathering the collective knowledge of Asia!
Join Empirics