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Monday 21 November 2016

Task 1 : Observant (Tan Sri Tony Fernandes)

Observant is defined as good at noticing things around a person in the Oxford Learner’s Dictionaries.In the process of becoming a successful entrepreneur, one of the features that need to be available in each entrepreneur is to have observant. This is very an important value in them as an entrepreneur because it allows them to view even further in developing their business. The entrepreneurs who know how to plan, analyze, formulate and take every opportunity is the entrepreneurs who have observant in themselves.
This observant value lies within Tony Fernandes who is the founder of Air Asia Airlines. Tony Fernandes is a well-explained example for observant trait entrepreneur. Back to the history, the nine of eleven terror attacks gave airline industry gives the hardest hits and economic effects around the world. However, Tony treats it as a chance for him to move into the uncertain airline industry. He was seeing the opportunity to provide flight service where the other airline that has cut down the flight path. The observant trait makes Tony take the first step to the route of an entrepreneur.

The former Prime Minister, Tun Dr. Mahathir Mohamad suggested to Tony to take over the existing airline with zero cost which is the government-owned subsidiary that heavily indebted, instead of start from scratch. With rational thinking, this suggestion would not be taken by any people. Again, Tony was seeing it could enable him to operate low-cost flight services. Thus, he used RM 1 (Ringgit Malaysia) to buy the existing airline. One year after, Air Asia had cleared all the debts. Nowadays, Asia airline still operates and still gets attention from all Malaysian to use its services.

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