Distinguished Business Leader,
Mr Ong Peng Tsin
Moving Beyond Technology to Business and Entrepreneurship
Have you made a dent on the Universe? Do you like what you do? Mr Ong Peng Tsin challenged the audience. It made his talk different. Founder of Encentuate, was the Distinguished Business Leader, the 13th in the series, in San Francisco, USA. The audience relished the challenge and kept him busy past midnight! 100 young professionals and students attended the event at San Mateo Marriott, on 2 April 2008.
Mr Roy Quek presenting a token of appreciation
to Mr Ong Peng Tsin
His philosophy came early in the talk. “What we do defines who we are”. It is a philosophy that has been distilled from years of experience as an employee at start-ups and eventually establishing start-ups. He said there is a need to develop Intellectual Property. He suggested moving from “Made in ….” to “Designed in ….” To Mr Ong, intellectual property is profitable business.
(L-R) Mr Roy Quek (Director, Overseas Singaporean Unit, PMO), Mr Ong Peng Tsin (Founder & Chairman, Encentuate), Mrs Ong Peng Tsin, Mr Heng Jee See (Consul-General, San Francisco)
Mr Ong with Overseas Singaporeans in
To him it was easier to start a business in Singapore today than before. Mr Ong should know. After all he was one of the 20 members of the Economic Review Committee set up by the government in 2001 to look into building up the entrepreneurial spirit in Singapore.
Mr Ong had his “National Service” mapped out - IIPL – Infocomm Investments Private Limited. It is a project that aims to use its equity investment to support IDA’s efforts to develop Singapore into an Infocomm hub. Questions covered the Singaporeans lack of hunger, mixed with some fear. For Mr Ong the example of Encentuate’s success spoke for itself. He said more needed to be done to create better conditions. For the audience though, the lasting thought, goes back to Mr Ong’s philosophy -- Make Meaning!
Click here for more details on Encentuate.