Things You Can Learn from the Visionary

Do you have great desire to be a successful entrepreneur? Well, you need to learn the business attitude from the best. Successful in running his businesses that play in various sectors, Sukanto Tanoto is among the richest Indonesian with total asset up to US $2.8 billion. The main business vehicle of Sukanto Tanoto’s kingdom is Raja Garuda Mas International, with various business activities, ranging from paper, palm oil, construction, and energy production. The following are some main factors you have to have by learning from SukantoTanoto.

Keeping an Eye to every Business Opportunity

Mr. Tanoto realized that Indonesia has huge disadvantages by importing logs from abroad. Why should you buy if you can produce it yourself? He learned this lesson after pay attention to the number of logs exported to Japan and Taiwan, and the imported back in higher price. Thus, he started to establish his own plywood company, Raja Garuda Mas in 1973.

Deliver what You Promised

It is important to keep the trust from the customers. By the time Mr. Tanoto decided to build his own plywood company, he asked for permission from Minister of Industries to establish the factory, and the process was done in 10 months only, or 4 months faster than the initial plan.

Education is Priority

We should agree to this idea. Education plays important role in shaping your knowledge and capability. Mr. Tanoto understands this factor, and despite his inability to study in formal school, he learned formal Bahasa Indonesia and his English skill through dictionary and American magazines. When his first company was established, he did not necessarily felt satisfy, and decided to pursue his formal education by studying management course abroad.

Giving Back to Society

Once you achieve your success story, remember to realize the importance of human development. In concern to this matter, Tanoto Sukanto and his family established Tanoto Foundation in 2001, with the purpose to help improve human resources development. This foundation focuses primarily on education, healthcare, and disaster relief. It has given scholarships to students with excellent academic performance.