TAN SRI SYED MOKHTAR AL-BUKHARY

TAN SRI SYED MOKHTAR AL-BUKHARY

          For selecting a successful entrepreneur figure based on examples of leaders who have been studied, Tan Sri Syed Mokhtar Al-Bukhary is that researchers select the human on the basis of his success in becoming one of the richest local entrepreneurs in Malaysia. Name Tan Sri Syed Mokhtar Al-Bukhary, is very known and respected among Malaysians, especially the Malays because he was a figure of Malay entrepreneurs who have a love of wealth and welfare matters.  He was born in Alor Setar, Kedah in 1951 and is the third child of seven siblings, actually came from a disadvantaged background. The difficulties faced by him make he intended to change the pattern of family life by going into business.

         He is a private man who does not like to show off his luxurious life. He is easily approached by everyone. For him, status is not something vital in his life. There is a time when he is up and there is the time when he is down. Lifestyle is just like a disease for him that can Detroit people. He also a strong Muslim and always give charity with the sincere heart and even built mosques across the country. It shows his integrity and reliability traits.

         His hardship before is what make him today. He was able to be successful today thanks to the hardship of he and his family was in before.  A long time ago, he and his father sell grocery to their neighbors around their neighborhood. As a business grows, they increase from one state to the next, and they even imported cow from the neighboring country, Thailand to sell it in the local market. His down to earth and humbleness makes it easier for him to cooperate with another businessman from other races. He takes over a business that seems to fail and turn it around until he earns the profit.

            There is no secret for being a success. All of this comes from effort and hardworking of someone itself. It's the same as Tan Sri Syed Mokhtar Al-Bukhary as he working so hard to stand where he is now. He's just a normal human being that was created by god but what makes him different from us is his way of getting mature. He believes that there is no shortcut for success. He has nothing in the beginning but he's success to make his name big today and also a wealthy entrepreneur.

Based on our example of an entrepreneur, we have described five traits of entrepreneurial that he demonstrates as an entrepreneur that assist he to be successful in their venture.

Proactive

Proactive means the ability to see what we can do and struggle to get and make it true. This is one of the good habits that we can describe Tan Sri Syed Mokhtar. He very smart to use any initiative that he has. For an example, he was taking an initiative to repair our national mosque which is the most visited placed in Malaysia by the traveler. He was making it more cheerful and luminous. Based on what he have done, automatically our social community will know him very well and at the same time promoted him and also his company or product.

Observant

Entrepreneur in this 21st century must grab any chance and also know how to analysis, formulates and take and action towards any chance that they have. Based on Tan Sri Syed Mokhtar al-Bukhary, he is very smart in to take an action and grab the chance that he have. For example, he has included himself in the project of privatisation Johor Port Sdn. Bhd. and Johor Tenggara Oil Palm Sdn. Bhd.

A trough of Johor Port Sdn. Bhd., he was involved in Tanjung Pelepas Port project. He have success to show or introduce that port and also was attract two international shipping company, which is Maersk Sealand from Denmark and Evergreen Marine from Taiwan to move from Singapore to Tanjung Pelepas , On this side, we can see Tan Sri Mokhtar is someone who has capable to see any chance and know to arrange the future. Other than that, Tan Sri Mokhtar has put his abilities in every company that have a potential to get profit. For an example, he has invested in popular rice company, BERNAS. His ability to see the chance in every company is his key to success until he declares to be among the richest in Malaysia.

A failure is an option

Tan Sri Syed Mokhtar Al-Bukhary is a person that does not know how to give up and always learn from his mistake. He is also a careful and responsible person in doing what he had to do. He always said the wealth that we get should come from responsible and the wealth that we get, no matter how small it is, should be used for good reason. His personality that does not know how to give up in any situation make him the idol for young entrepreneurs that want to be like him.

When the farming business run by his father failed, he did not give up but being more energetic to open a new business that is selling back the meats to the local buyers and restaurateurs around Alor Setar. Starting from that, there is no sense of failure in his life. For him, there is no failure in his life because every failure must have ways behind that.  When facing a problem, he always being proactive, calm and smart to find the solution for his problem. He also will make sure that the problems that he obtained faced immediately and he thought that every problem has a solution and-and it can be a deal by having patience and calm inside.

Visionary

Tan Sri Syed Mokhtar Al-Bukhary has the vision to improve the living standard of himself and his family. Patience and perseverance through various obstacles become the main reason for him to success. He always keeps himself in a vision to help local people although he is already successful to be the catalyst for him to continue working hard to earn more assets.

He also always looks forward and takes no interest in his failure. His vision is to help others using the wealth that he gets and because of that, he's working hard to make sure that his vision will come true. He represents Malays generation that is able to lead several conglomerate businesses that most of them have been successful.

His success can be measure when he successfully got 90% of Seaport Terminal (Johor) Sdn. Bhd. In 1993, the Seaport Terminal (Johor) gets the mega project and have been giving the concession to build and operate Tanjung Pelepas Port (PTP) that make him the biggest shareholder in that company.

He will focus more on a business at a time until it gets successful overall and beneficial to the public. Next, he will venture new business and will do the business until it gets stable and successful. Although facing failure, he will rise again and find the new way to improve his mistakes to achieve its vision.

 Open risk taker

Risk refers to the uncertainty in decision-making and the impact that the decision make has to bear. He was a bold first move in the commodity business with only rice and then expand its business into other commodities, namely sugar through Bukhari Sdn. Bhd. and he does not have a lot of knowledge about it. Later, he went on to establish Bukhari (KL) Sdn. Bhd. for the contract to supply rice, tea, ghee, powdered milk and chocolate from the government. Certain extent through his courageous efforts in taking the risk of going into business has paid off so much that he can diversify his business selling without a need to rely on business revenues only.