Founder of Business Consulting Company
Andy LAM
Andy LAM lived in Australia for years and became a consultant after graduating from university. He decided to return to Hong Kong to start his own business after he got his MBA degree. 10 years have passed, everything started from scratch, but Andy found it challenging. He always wanted to build a platform which colleagues could utilize their strengths and grow together and all these mean a lot to him.
Andy ran the business on his own in the beginning. He got his first business through his previous employer. Due to the outstanding performance, the company has quickly accumulated a group of customers to maintain a stable income. He kept exploring different opportunities to grow his business and finally established an IT team. At the same time, it also deepened the team’s understanding towards the digital industry in Hong Kong which has a great influence to the future development of the company.
To serve as a role model and operate the business attentively
Andy thinks being a role model is essential. Colleagues will be influenced by his perseverance when they see him operating the business attentively. Andy also likes to share his opinions with colleagues and encourage them to express their opinions. These help him build up the team and the company step by step.
To strike a balance is the most important element of successful
Looking back at the entrepreneurial process, Andy experienced numerous failures. Afterward he understood the importance of "striking a balance". There are many elements in “balance”, such as balancing the price of the project, balancing the company's manpower resources, and balancing the experience of colleagues on the project. Andy lost a lot of chances because of losing “balance”. Therefore, he has accumulated different experience along the way.
Be persistence at the end
Entrepreneurship is hard. Andy advised the entrepreneurs should not think that starting a business will definitely make people rich. Flexible working hours without supervision might not be the real case. On the contrary, entrepreneurs will always think about their business and there is no time to take a rest.
Once people are determined to start a business, he advised the entrepreneurs should do it wholeheartedly and consider clearly about the resources, network, time, spirit and ability. He also suggested the entrepreneurs write down the reasons for starting a business as they will be questioned by many people and will encounter many difficulties. This note can remind themselves not to forget the intention of starting a business, persist in their dream, face and tackle with these difficulties.
To recognize your interests and strengths for an opportunity
Andy thinks the entrepreneurs should not limit themselves to particular industries they are going to work in. Instead, they should recognize their interests and strengths, and look for an opportunity. He encouraged the entrepreneurs to equip themselves and bide their time as the chance will come.
Andy LAM – The founder of Business Consulting Company