Never Give Up

Do you remember an article published in Singapore Straits Time on October 29, 2006 – 82 Year Old Come Back Kid Bounces back from bankruptcy. Crippled by the recession of the mid-80s after building a retail empire, he started all over again in his 70s and became a millionaire once more.

AT 72 years old, he was a declared bankrupt. But instead of giving up and fading into retirement, Emporium Holdings Group boss Lim Tow Yong became a millionaire all over again at the age of 82.

I think most of us will give up and/or counting the days to the grave. Mr Lim did not.

He gathered his strength and his ‘WHY’ when 800 of his former employees threw him a dinner party to cheer him up in 1996. It sparked the fire in him! 'It just touched my heart and I have never forgotten it. I've thought about it every day for the last 10 years and I told myself that I must work harder and one day pay them back', said Mr Lim.

He uses imagery to help his vision. He framed pictures taken during that dinner and looked at them every day to strengthen his mission. After he was discharged from bankruptcy in 1999, he with his partners, opened 17 stores in Sabah, three in Labuan and seven in Brunei

Mr Lim make back his millions!

'That dinner is the thing that brought back some financial fortune for me.' Someone asked if he would retire now that he has made his second fortune. His reply was 'Retirement is not a word in my vocabulary.'