Information Entrepreneurship

- Inspiring Entrepreneur –15 September 2012

Chairul Tanjung

“The Cassava Child”

Developed by:Fransisca Katherina Rumambi - G1200547CFRUMAMBI001@e.ntu.edu.sgKnowledge Management - WKWSCINanyang Technological University, Singapore

Chairul Tanjung and His Businesses

Financial Services

Bank Mega, the third largest and fastest growing credit card player), including:- Bank Syariah Mega Indonesia- Mega Finance (consumer finance)- Mega Life (life insurance)- Mega Insurance (general insurance)- Mega Capital Indonesia (securities brokerage)- Mega Capital Investama and Mega Asset Management (fund management)

Media

Trans TV, innovation and performance leader in the

Indonesian television industry

Acquired another nation-wide free-to-air channel,

Trans7 and become the most profitable TV stations in

Indonesia

Detik.com, the Indonesia’s no. 1 online news portal

Retail

The Group acquired 40% stake in PT Carrefour

Indonesia to become the single largest shareholder

in Indonesia’s leading retailer

The Group acquired 40% stake in PT Carrefour Indonesia to become the single largest shareholder in Indonesia’s leading retailer

• Founder and Chairman of CT Corp, Indonesia’s leading consumer focused business group with three core industry sectors as follows:

Entertainment and Lifestyle

Holds the exclusive franchise for over 25 international

high-end fashion brands and other brands (Coffee Bean,

Baskin Robbins, leading travel agencies Antatour and

Vayatour, Metro (dept. store)

The leading entertainment player in Indonesia with two

class integrated indoor theme parks and resort

destinations (Trans Studio Theme Park)

Natural Resources

Investment in Palm Oil sector

Highlights of the Years

Born

Graduated from Faculty of Dentistry

University of Indonesia (UI)

Obtained Master’s Degree of Business

Administration from Education and

Management Development

Institute (IPPM)

Chairman of the National Economic

Committee for Indonesia Economic

Development

Launched his autobiography

“Chairul Tanjung: Si Anak Singkong”

(Chairul Tanjung: The Cassava Child”

1962

1987

1993 2012

2010

NOW

Current Positions:• President Commissioner for the core group

companies• Chairman of the Indonesia Forum, Board

Member of the Pacific Basin Economic Council

• Chairman of the Indonesian National Kidney Foundation

• Board Member of the Indonesian Committee for Humanitarian Programs, the Indonesian Red Cross, and the Jakarta Art Foundation

• President of the Badminton Association of Indonesia

BUILDING HIS BUSINESS THROUGH THE YEARS

Chairul Tanjung: The Cassava Child

What is Cassava Child (Anak Singkong)?Indonesian label for someone who is very young,

poor, inferior and know nothing

• He was raised in Gang Labu, a small street in Jakarta in vile community with a lot of financial problems

• Since childhood, he was earning his own money to help his Mother by selling ice and working in photocopy station when he was in college

• He is very modest that lead to his nickname as Cassava Child (Anak Singkong)

Personal Quality: The Spirit of Entrepreneur

Severe Financial Problems- Sold ice and worked at photocopy station- Started to engage with a supplier who sold cheaper dentistry equipment- Started his small business at campus

Personal Characters- Discipline- Visional person- Confident- Persistent and hardwork- Humble- Open-minded with creativity- Passion to become successful entrepreneur

Running and expanding his business slowly but

sure

Strive through failures

Lesson Learnt: Learning From Failures

The real entrepreneurs are never undaunted by failures

A Failure can be a milestone on the road to success

Failure is a mistake that taught us to move to the next idea

Study and profit from the mistakes

Lesson Learnt: Learning From Failures

Find another good relationship

Accept responsibility, do not blame others

Personal Quality: The Spirit of Giving Back

Chairul Tanjung is a person with integrity and has a spirit of giving back to the community

He combines learning and earning opportunities which offerchildren and their families long-term solutions of POVERTY

Building schools in rural area and free

education

ReferenceArief Budisusilo (July 1, 2012). Chairul Tanjung Si Anak Singkong: Ini 5 Kesan Pribadi SBY Terhadap CT. Retrieved August 30, 2012 from http://www.bisnis.com/articles/chairul-tanjung-si-anak-singkong-ini-5-kesan-pribadi-sby-tentang-ct.Biografi Chairul Tanjung (2012). Retrieved August 30, 2012 from http://info-biografi.blogspot.sg/2010/05/biografi-chairul-tanjung.html.Chairul Tanjung (2012). Retrieved August 29, 2012 from http://en.wikipedia.org/wiki/Chairul_Tanjung.Chairul Tanjung (March 2012). Retrieved August 29, 2012 from http://www.forbes.com/profile/chairul-tanjung/.Chairul Tanjung (2012). Retrieved August 30, 2012 from http://ctcorpora.com/chairul.html.Didit Putra Erlangga Rahardjo (June 30, 2012). Inilah Kesan Yudhoyono Terhadap Chairul Tanjung. Retrieved August 30, 2012 from http://nasional.kompas.com/read/2012/06/30/21390430/Inilah.Kesan.Yudhoyono.terhadap.Chairul.Tanjung.Didit Putra Erlangga Rahardjo (June 30, 2012). Air Mata Chairul Tanjung Pun Mengalir. Retrieved August 30, 2012 from http://nasional.kompas.com/read/2012/06/30/21295583/Air.Mata.Chairul.Tanjung.pun.Mengalir.Dita Widodo (July 11, 2012). Chairul Tanjung Si Anak Singkong. Retrieved August 30, 2012 from http://lifestyle.kompasiana.com/catatan/2012/07/11/chairul-tanjung-si-anak-singkong/. Fajar Pratama (June 30, 2012). Si Anak Singkong Buku Perjalanan Hidup Chairul Tanjung Diluncurkan. Retrieved August 30, 2012 from http://news.detik.com/read/2012/06/30/225813/1954862/10/si-anak-singkong-buku-perjalanan-hidup-chairul-tanjung-diluncurkan.Tribunnews.com (July 2, 2012). Chairul Tanjung Besar Dari Jasa Fotokopi. Retrieved August 30, 2012 from http://www.tribunnews.com/2012/07/02/chairul-tanjung-besar-dari-jasa-fotokopi.