How does he gauge success? “Apart from doing well financially, a person, in order to be considered ‘successful’ should also have a balanced way of life – a good family, a good home, enjoy some recreation and also be able to contribute back to society in whatever way he can.”

While retirement won’t be happening anytime too soon, 10 years from now, Mr. Tham hopes the company will continue to grow into a bigger and more stable company: “At 73, if I cannot contribute actively, I hope to be able to contribute as an advisor.” All that while reading, playing golf with customers and partners as well as taking skiing holidays with his family during the year-end break.

His advice to budding corporate leaders? “You need to have a strong vision for the things that you believe in, execute well and be patient and wait for the results. Don’t be too anxious to start – gather enough experience and money first. Do your homework well – understand the type of business that you intend to enter into and what the rewards and financial risks are. Have a good business model and there must be something unique about the business that gives you a chance to succeed.”