Monday, September 14, 2009

Business Monopoly

I was in Mid Valley shopping centre yesterday and passed by X-Cut.

X Cut is a new business concept providing speedy hair cut service idea originated from Japan.

Now, this concept is mushrooming in Malaysia.

While watching the operation of this business, all of the sudden, I recalled the dialog between Datuk Wee Ka Siong with 4Bs and Sahabat NGOs couple of months ago.

There was one participant asking that many business in Malaysia is predominantly occupied by Chinese. Other races have no chance to enter or access into these business chain.

Such view was really pushing me to think deeply about so-called traditional business being monopolized by certain race.

X Cut pushed me to think again !

It inspired me if traditional business could not be penetrated easily by other groups, then for such new business of X Cut, everyone and every group is "on your mark" - "set"- "bang" - ie all are from same starting block.

Therefore, for business, creativity and innovation and determination are required.

There are limitless of opportunity out there if you think , if you act !

If Kopitiam concept is sweeping the market, why no one is developing " Nasi Lemak Shop", "Lontong Concept" business chain. There is no hindrance to enter the market by any ethnic group.

In Mid Valley, we see Chinese selling Malay kuih-muih by paying small stall rental approx. RM7000 per month.

There is no hindrance, brother !

Hindrance exists when we do not innovate.

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