PETALING JAYA: YTL Corp Bhd
’s executive chairman Tan Sri Francis Yeoh Sock Ping (pic) was conferred the World Outstanding Entrepreneur Lifetime Achievement Award at the London School of Economics (LSE) in London, United Kingdom earlier last week.
The award was given in conjunction with a conference on “Asean at the Geopolitical Crossroads” which was jointly organised by the LSE and Political Science, KSI Strategic Institute for Asia Pacific (KSI) and the Asean Business Club.
Yeoh said he held the LSE in high esteem, and he credited divine providence for his successes even until the international stage today.
To succeed in the field of entrepreneurship, Yeoh said it was important to have vision, together with a clear sense of purpose.
“We are blessed to see what others cannot yet see.
“We are blessed with a faith that sees the right direction in businesses that we are involved in.
“Vision gives direction, it attracts people who are like-minded.
“Together we can imagine a better future and commit to building it,” Yeoh told StarBiz after winning the award.
He also said it was important to have a relentless work ethic because success will compound from sustained effort over long periods.
“It is the willingness to outwork problems, seeing problems as issues to be resolved,” Yeoh said.
It was important to have perseverance, integrity and character – all of which are moulded through life’s experiences, he added.
“Breakthroughs often come right after prolonged struggle.
“True greatness rests on trust. Reputation is an invisible asset, yet it is the most valuable tangible asset,” Yeoh said.
To ensure continued success, Yeoh noted it was necessary to remain adaptable, with a long-term focus in mind.
“We build for decades, not quarters. Short-term thinking sacrifices lasting values.
“We always strive to build the right thing, in the right way at the right time.
“Markets change, technologies evolve and winners adapt quickly,” he said.
