Explore the field of entrepreneurship

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(7) If we refer to the list of the 10 richest individuals in Malaysia, as reported by the Metro daily newspaper, their names are as follows: 1. Tan Sri Robert Kuok: US$11.8 billion 2. Tan Sri Quek Leng Chan: US$10.2 billion 3. Koon Poh Keong and siblings: US$5.8 billion 4. Ananda Krishnan: AS$5.4 billion 5. Teh siblings: US$5.2 billion 6. Lee Yeow Chor and Yeow Seng: US$4.6 billion 7. Dr Chen Lip Keong: AS$2.8 billion 8. Tan Sri Lim Kok Thay: US$2.


3 billion 9. Tan Year & Weight: AS$1.9 billion 10. Chia Song Kun: US$1.8 billion costa rica phone number resource The names of the richest individuals in Malaysia, if we examine their biographies, most of them are businessmen. In Malaysia, the size of a business can be classified as small, medium or large. What distinguishes each of them is in terms of income size and also the number of workers. A small business that is managed by the owner himself, or that requires the active involvement of the business owner, to me, is more similar to the concept of self-employment.


In this context, you work for yourself. You are your own boss. A business should be able to run on its own, either with or without the involvement of the business owner. This means that the business has a business system and workforce that can operate on its own. The free time can be used to formulate a strategy to start a new business. (8) Create passive income There is a formula related to passive income that I want you to know. You may have heard of this formula before. When your passive income is higher than your liabilities , then at that time you have achieved financial independence.