Tuesday, July 03, 2007

Entreprenuerial Leadership

This story is simply remarkable! It's very inspiring I felt worth posting. This is on the same vein to the financial crisis in 1997.

It's about Thailand's "Mr. Sandwich Man".

He is a former Bangkok multi-millionaire realtor selling 5 to 50 million Thai bath condominiums. In the aftermath of the crisis, he ended up as a bankrupt overnight. He was then forced to sell sandwiches to fend for himself and his family on the streets of bangkok. Ten years and tons of perseverance, determination and grit later, he is now back a multi millionaire doing a different business model.

Why did I right about this? Again, the lesson of fiscal prudence. Hallmarks of a financially literate person!

No wonder the Chinese are known for being savvy businessmen. They are equally as prudent in their fiscal spending as well as in their daily choices and lifestyles!

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