Page 43 - Masala E-magazine Vol 9 Issue 6 Junel - July 2018
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What do you enjoy most about what you do?
I love seeing my family work hard with commitment. I have
my brother and three children currently working, and soon
my brother’s children will join as well. Seeing them grow and
fl ourish makes me happy. It is not all about amassing wealth, but
rather it is about learning from mistakes and being happy with
our accomplishments, however big or small.
What is a typical workday like for you?
I manage our businesses holistically, so in a day I move from our
head offi ce in Issaraphap, to our factory in Samut Sakhon, to
our hotels and properties in Bangkok and Pattaya, and also our
retail outlets. Every day is different!
Both the textile and hospitality industry are very fast-moving
and competitive. How do you keep things fresh and exciting?
A lot of research and discussion is necessary. Our family
members who are active in the business aim to meet every two
months to discuss the future; which products and industries
we should focus on more; and how to grow further. We all come
together with different viewpoints and experiences, which keep
things interesting.
What keeps you motivated every day?
Defi nitely seeing our new generation work with more vigor and
determination, which keeps me motivated to continue working
as I grow older.
Additionally, I believe that we have a duty to help society. If we
enjoy growth in our businesses and we have the means to help
others, we must. This motivates me to continue working and to
do my duty as part of our community and nation.
In what way does your company give back to the community?
Ideally, I believe that 10 percent of earnings should go to
to another. Instead, you identify their talent and potential, altruistic causes. We are very blessed to be where we are,
and make sure they are placed in correct positions of the but the country we live in still has pockets of need, hence we
company, where they will develop and grow in their own way. should identify and give back to these communities.
My motto is to never leave anyone behind.
Our family works with various charitable organisations to
My personal philosophy is that the head of the company build schools in Thailand and give scholarships to students
must take care of the resources that are passed on from annually. We also continuously work with global charities
generation to generation, and a path of growth must be that give back to communities in India and the Middle East.
instilled into the family’s thought process. Our focus for the next few years will be for communities in
the Indian subcontinent.
What are some of the business philosophies you live by?
1. Focus and dedication: you must be willing to give 100
percent of your time to your business.
2. Sacrifi ce: Your social life defi nitely has to take a step back
when necessary.
3. Treat your business partners well: Everyone needs
margins, including your suppliers and customers. Your
clients must also profi t, and if they don’t, you won’t get
their returning business. They are not vehicles to make
money from but your partners. You must be able to 100 widows are supported with monthly allowances from
grow together. the Madan family, facilitated through United Sikhs.
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