Observant

 

Tan Sri Lim Goh Tong
Source: lifeofchina.lofter.com

Observant entrepreneurs are able to observe the problems, the needs or even the want consumers have at the moment, they manage to realize the consumers’ desire by initiating business while making profit for themselves. (Friel, 2014).

It is found on the late Tan Sri Lim Goh Tong, the founder of Genting Highlands Resort. Lim was initially working on a hydro-electric power project which is mostly patronised by the British colonials seeking cool refuge from the land of tropical heat in Malaysia. The idea of building resort on the hill was firmly conceived during his visit to Cameron Highlands. Lim was having his dinner and the cool breeze he enjoyed struck him as the standard of living that should have in Malaysia. His realised that there are high on demand that people visiting mountain resorts for vacation to enjoy the cool breeze at the hilltop. It was certainly a great business potential to build a mountain resort that is nearer to Kuala Lumpur as there is a significant driving distances from Kuala Lumpur to Cameron Highlands. Since then, Lim searched for the suitable location at Kuala Lumpur’s vicinity to build hilltop resort. He found Gunung Ulu Kali of 1,800 metre which is just 58 kilometre from Kuala Lumpur. A series of expedition and exploration at Gunung Ulu Kali including a collection of wealth date of topography, drainage and soil conditions were constructed in developing the plans for building the resorts. (Lim Goh Tong, 2016)

 Although there were numerous adverse occurrence throughout the project, Lim was proved by his action in transforming remote mountain into a holiday resort at last ,which was first thought to be impossible and risky by the people around him. Lim spend all he had on the project by selling rubber state and from the investment income of iron-mining, sub-contracting and hardware business, his friends rejected his favour to invest in the project at the same time. He began the construction with his team once being approved by the Federal and State government, the whole project was completed within seven year. Since the opening of first hotel in 1971 namely Highlands Hotel, Genting Highlands Resort continued to grow from strength to strength. (Genting, 2015)

 

The earlier look of Genting Highlands Holiday Resorts in the 70s
Source: skyscrapercity.com

 

To date, Genting Group is a diversified one ranging from the initial resort activities and hotels to plantation, power generation as well as oil and gas exploration and production. In conclusion, being observant is the key to be a successful entrepreneur.