xem bóng đá trực tuyến IPPG chairman shared xem bóng đá trực tuyến secrets of making successful start up
17 - 06 - 2017
On June 17, 2017, Mr. Jonathan Hanh Nguyen, Chairman of IPPG, had a speech to Ho Chi Minh City National University students about start-up at University of Economics and Law HCMC.
At xem bóng đá trực tuyến event, there were Board of Management members of xem bóng đá trực tuyến National University and more than 500 students from xem bóng đá trực tuyến National University of Ho Chi Minh City.
Start up steps of Mr. Jonathan Hanh Nguyen.
At xem bóng đá trực tuyến beginning of xem bóng đá trực tuyến talk, Mr. Jonathan Hanh Nguyen has shared his successful career path. He first started his career at grade 12 and xem bóng đá trực tuyến idea of start-up came to him by chance. He said: "I was in a soccer game with friends, accidentally xem bóng đá trực tuyến soccer ball ran into xem bóng đá trực tuyến camp of South Korean soldiers, so I ran to xem bóng đá trực tuyến gate to get back xem bóng đá trực tuyến ball and was stopped by xem bóng đá trực tuyến soldiers. After I presented xem bóng đá trực tuyến reason, xem bóng đá trực tuyến officer offered to buy my motorbike, but I did not agree because xem bóng đá trực tuyến bike was a gift from my father. However, at xem bóng đá trực tuyến same time, an idea just popped up in my head that buying xem bóng đá trực tuyến exact same bike in a store and sold it to xem bóng đá trực tuyến officer for profit (because back then xem bóng đá trực tuyến Korean soldiers were not allowed to go shopping). With no hesitation, I ran straight to xem bóng đá trực tuyến motorbike dealers to ask for xem bóng đá trực tuyến price. Back in that day, xem bóng đá trực tuyến price of a HONDA DD 70 bike is 34,000 VND, I told xem bóng đá trực tuyến officer I would sell to him with 36,000 VND; and he agreed. Therefore, I earned profit of 2,000 VND from xem bóng đá trực tuyến first business.
Mr.Jonathan Hanh Nguyen believed that was also his first lesson of starting a business without spending on capital: "If you ask that where I got 34,000 VND from to buy motorbike in xem bóng đá trực tuyến store to resell, then xem bóng đá trực tuyến truth is I only had 10,000 to deposit from xem bóng đá trực tuyến officer because he did not trust me, I then took xem bóng đá trực tuyến deposit to xem bóng đá trực tuyến motorbike shop to hand over to xem bóng đá trực tuyến owner and asking him to deliver xem bóng đá trực tuyến bike to xem bóng đá trực tuyến officer to receive xem bóng đá trực tuyến remaining amount of cash. Fortunately, after this deal I gained trust from both xem bóng đá trực tuyến Korean officer and xem bóng đá trực tuyến motorbike dealer, hence, my first business was successful. I had earned more than one-month salary of a government officer at that time. After that, more than 200 people in xem bóng đá trực tuyến Korean military based continuously ordered bikes from me so I became a motorbike dealer since then. "
His second start up was when he just graduated from xem bóng đá trực tuyến University in America and was accepted to xem bóng đá trực tuyến Boeing Finance Inspectorate. This job brought to him over 100,000$ per year, which was many people ideal salary. However, he has xem bóng đá trực tuyến thought, if he keeps working for this company, he will never have a chance to own a business. He discussed with his wife, and took all xem bóng đá trực tuyến money to rent a house, bought an old truck to do business in department store. In xem bóng đá trực tuyến beginning, xem bóng đá trực tuyến business was difficult for him since he had to drive for eight hours from home to xem bóng đá trực tuyến state of California to collect xem bóng đá trực tuyến goods. After a while, after knowing xem bóng đá trực tuyến Vietnamese community’s demand, his businesses were gradually prospered. When he owned home, machinery, he started buying xem bóng đá trực tuyến mortgage into xem bóng đá trực tuyến bank to borrow capital to continue running his business.
At this point, he has been working on his business and also working for Boeing at xem bóng đá trực tuyến same time. When xem bóng đá trực tuyến work was favorable, in early 1985 he received an invitation from xem bóng đá trực tuyến Vietnamese Government to participate in xem bóng đá trực tuyến opening of new route. Receiving xem bóng đá trực tuyến call from his hometown, he abandoned all; quit xem bóng đá trực tuyến job with ideal salary, leaving xem bóng đá trực tuyến business that was favorable in xem bóng đá trực tuyến US to return to Vietnam and participated in xem bóng đá trực tuyến opening of HCM – Manila route. This is an very important turning point in his life and his third start up event because according to him, opening xem bóng đá trực tuyến first route from Vietnam to foreign countries meant truly important not only to him but also to xem bóng đá trực tuyến country.
In xem bóng đá trực tuyến Question & Answer section, Mr. Jonathan Hanh Nguyen received many questions from students related to xem bóng đá trực tuyến issue of business startup.
To Ha - 3rd year Marketing student, University of Economics and Law Ho Chi Minh: Can you share your persuasive experience in bringing famous brands to Vietnam?
General Director of IPPG - Ms. Le Hong Thuy Tien represents to answer questions from students
To this question, Ms. Le Hong Thuy Tien - General Director of IPPG Group, who has a lot of experiences in negotiation to bring world-renowned brands to Vietnam, has shared: "As Mr. Johnathan Hanh Nguyen has just shared, at xem bóng đá trực tuyến beginning we only had a duty-free shop at Tan Son Nhat airport and needed xem bóng đá trực tuyến presence of major brands. We had to convince them that Vietnam is a new country which just escaped from xem bóng đá trực tuyến war and we are working with xem bóng đá trực tuyến government to welcome investors to start from airport industry. That proves that Vietnam's infrastructure is improving day by day, our country is in need of xem bóng đá trực tuyến presence of world-renowned brands to prove to international visitors that our country is developing, it is not a poor backward country. With outstanding financial proof and professional business plans, those brands eventually agreed to do market survey in Vietnam, xem bóng đá trực tuyến very first brand that IPPG brought to Vietnam is Hennessy - xem bóng đá trực tuyến liquor brand. Ever since, other brands have also followed Hennessy's footsteps to enter xem bóng đá trực tuyến IPPG duty-free shops." Ms. Le Hong Thuy Tien said that it was difficult to negotiate because there was no famous brand presented in Vietnam yet, therefore, investors were afraid to enter xem bóng đá trực tuyến market. However, once a big brand is willing to enter, then it will build a fundamental trust for other brands to enter. One other factor that is just as important to xem bóng đá trực tuyến success of xem bóng đá trực tuyến IPPG in persuading well-known brands to come to Vietnam is "actions need to go along with work", this has created a great deal of trust for our partners as well as investors.
Vu Van Dai – majoring in Business Administration from University of Economics and Law of Ho Chi Minh city asked: What are xem bóng đá trực tuyến components to become a successful business man? And which components is xem bóng đá trực tuyến most important?
Answering this question, Mr. Jonathan Hanh Nguyen said that in order to become a successful entrepreneur, there are so many factors. Beside xem bóng đá trực tuyến existing factors, xem bóng đá trực tuyến first factor is hard working in order to accomplish your goal; xem bóng đá trực tuyến second is to understand xem bóng đá trực tuyến strengths and weaknesses of yourself to promote, learn and improve it. xem bóng đá trực tuyến success of IPPG today is not just only xem bóng đá trực tuyến revenue of 600 million dollars a year, or a team of 25,000 employees; but also xem bóng đá trực tuyến responsibility to xem bóng đá trực tuyến community, to society and business as well as to fulfill all tax obligations to xem bóng đá trực tuyến government. According to Mr. Hanh Nguyen, serious compliance with tax obligations is also an important factor to become a successful entrepreneur. Managements must always be transparent and honest to xem bóng đá trực tuyến customer as well as to xem bóng đá trực tuyến partner and to xem bóng đá trực tuyến state management, too.
Nguyen Hoang, a second-year student in E-commerce, University of Economics and Law asked: Knowing that start-ups are always associated with community values, all startups are eager to bring something worthwhile for xem bóng đá trực tuyến community before thinking of profit. As a businessman who has made lot of contribution to xem bóng đá trực tuyến start up community, what are xem bóng đá trực tuyến biggest obstacles for young people starting up?
Answering this question, Le Hong Thuy Tien – IPPG General Director said: With IPPG we do not always think of profits, contributions to xem bóng đá trực tuyến community & society are also goals of development criteria not only of xem bóng đá trực tuyến IPPG, but also of other big corporations. If your start-up project contains unique ideas, relevant to xem bóng đá trực tuyến society, for sure those big businesses are willing to invest. Ms. Thuy Tien also advised that, when you want to start up, you should consider and thoroughly understand xem bóng đá trực tuyến needs of xem bóng đá trực tuyến society. According to her, successful startup projects are projects that solved complicated problems of daily life.
Agreed with this viewpoint, Mr. Jonathan Hanh Nguyen emphasized: "Starting a business always presents in our daily lives, it is important that you have to grasp xem bóng đá trực tuyến opportunity and start working on it immediately since opportunity do not come often.”
At xem bóng đá trực tuyến end of xem bóng đá trực tuyến talk, Mr. Jonathan Hanh Nguyen concluded by saying: "Whatever you do, when successful, always head to xem bóng đá trực tuyến homeland, contribute to build it in order to make your home country richer and more beautiful day by day.”
Here is a short video from xem bóng đá trực tuyến speech of Chairman Jonathan Hanh Nguyen at xem bóng đá trực tuyến National University:
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