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Sunday 20 November 2016

Task 1:Open Risk Taker (Mohd Safiuddin Bin Ilias)

    
      According to Collins English Dictionary (2007, p.1901), an open risk taker can be defined as an individual that tends to behave in a way that can potentially cause physical harm or financial loss, but might also present an opportunity for a rewarding outcome. 
     Mohd Safiuddin Bin Ilias is the youngest  millionaire of cosmetics in Malaysia at age of 19 years. His famous name is Safiey Ilias. He is the founder of DSI Empire which was established in January 2016.
       Safiey Ilias had studied at UiTM Shah Alam only for one semester. He stopped studying because he wants to focus on his businesses. It shows he is a brave person to take the risk to achieve his goal as a success entrepreneur. He was willing to stop studying in the university while he did not know whether the business will be successful or not. If not successful, businesses will be destroyed, he will have no education and no financial resources to get back for study in the university.
   Safiey Ilias managed his businesses carefully to avoid the risk of going bad. He did something to ensure his business runs smoothly and growing. He has his own strategies to run his business which is not to start a business with debt. He did not set up shop and hire many people at the beginning of his business to reduce expenses to keep monetary fine. After his business stable, he managed to hire people and open his own company.He has achieved a lot of success in the businesses cosmetics in Malaysia. For his latest product near the end of 2016, he realize new skincare which is Babies Glow.

1 comment:

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