About myself
This is the first time I am blogging and it will basically tell my life story in achieving my dream life style. I was born into a fairly rich family and stayed in a semi-detach most of my life. My father was a businessman and he owned a hardware distribution business with his business partner (my uncle). Business was successful and my younger brother and I never tasted hardship.
My father was a businessman most of his life and he always provide us the best life he can afford. I still remembered him buying me a car just after I passed my driving license when I was just 19 yrs old. At that time, I was one of the very few JC students driving to school. I was enjoying life in JC1 and I nearly failed my promotional examination. One fine day, my father asked about my study and instead of giving me a scolding, he asked me to quit JC and help him in his business. I was a little shocked as he seldom talk to me or show concern about my study. Deep down in my heart, I knew I can easily get into our local University as I was not even trying hard for my JC1 exam. Nevertheless, I told my father that I will try my best to get a degree. I never really understand my father's intention but now I truly understand his feeling. My father is a tow kay most of his life and he doesn't want his sons to be working for someone else. He strongly believes that being a entrepreneur is the only way to achieve the life style most people dream of.
When I was in my teens, I love to day dream about owning big bungalow with many fancy super cars lining up at the garage. I would also dream about running a business more successful than my father and retire at age 40. As I grew older, I realized that life is not a bed of roses and I have to downgrade my dream. The big bungalow became a condo and all the super car became just one continental car.
I graduated with a Engineering Degree in July 1997 and my first job was a System Engineer earning $2450/mth. I still remember that it was the beginning of the Asian Financial Crisis and everything seem so gloomy. This further dampened my dream and I was brought down to Earth.
I started working in my father's business in 1998. After 1-1/2 year with my father and uncle's business, my brother and I established a new business in 1999 and ended the 26 years of business partnership with my uncle. Life was good to us and our new business was quite successful. In 2008, we sold our company to a foreign listed company and our family pocketed a tidy sum. Life as a entrepreneur was very different after we sold our business. We were asset rich but cash 'poor'. We are now cash rich and I have to quickly adapt a new strategy to manage my new found wealth. After experimenting with different investment strategy, I grew more confident of my investment strategy to generate passive income. I decided to 'retire' at age 39, one year before my dream retirement age.
I will blog about my life from an entrepreneur (10 yrs) to an passive income investor (4 yrs). I never expect to blog about myself as I consider myself to be someone who likes to live a private life. Maybe I have become too bore after retirement.
My father was a businessman most of his life and he always provide us the best life he can afford. I still remembered him buying me a car just after I passed my driving license when I was just 19 yrs old. At that time, I was one of the very few JC students driving to school. I was enjoying life in JC1 and I nearly failed my promotional examination. One fine day, my father asked about my study and instead of giving me a scolding, he asked me to quit JC and help him in his business. I was a little shocked as he seldom talk to me or show concern about my study. Deep down in my heart, I knew I can easily get into our local University as I was not even trying hard for my JC1 exam. Nevertheless, I told my father that I will try my best to get a degree. I never really understand my father's intention but now I truly understand his feeling. My father is a tow kay most of his life and he doesn't want his sons to be working for someone else. He strongly believes that being a entrepreneur is the only way to achieve the life style most people dream of.
When I was in my teens, I love to day dream about owning big bungalow with many fancy super cars lining up at the garage. I would also dream about running a business more successful than my father and retire at age 40. As I grew older, I realized that life is not a bed of roses and I have to downgrade my dream. The big bungalow became a condo and all the super car became just one continental car.
I graduated with a Engineering Degree in July 1997 and my first job was a System Engineer earning $2450/mth. I still remember that it was the beginning of the Asian Financial Crisis and everything seem so gloomy. This further dampened my dream and I was brought down to Earth.
I started working in my father's business in 1998. After 1-1/2 year with my father and uncle's business, my brother and I established a new business in 1999 and ended the 26 years of business partnership with my uncle. Life was good to us and our new business was quite successful. In 2008, we sold our company to a foreign listed company and our family pocketed a tidy sum. Life as a entrepreneur was very different after we sold our business. We were asset rich but cash 'poor'. We are now cash rich and I have to quickly adapt a new strategy to manage my new found wealth. After experimenting with different investment strategy, I grew more confident of my investment strategy to generate passive income. I decided to 'retire' at age 39, one year before my dream retirement age.
I will blog about my life from an entrepreneur (10 yrs) to an passive income investor (4 yrs). I never expect to blog about myself as I consider myself to be someone who likes to live a private life. Maybe I have become too bore after retirement.
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