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Christopher Quek

👤 Speaker
638 total appearances

Appearances Over Time

Podcast Appearances

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

It is for the family businesses because the startups that we bring in, the technologies that bring in are being integrated into the family's operations itself. Just a little bit of that element that we are seeing here is that we understand the challenges that these next-gens are facing.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

It is for the family businesses because the startups that we bring in, the technologies that bring in are being integrated into the family's operations itself. Just a little bit of that element that we are seeing here is that we understand the challenges that these next-gens are facing.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We do, number one, the solution, which is, of course, the technical solutions, getting the startups to support them. But the next step that we also get involved with them is also counselling them, advising them and showing them best practices of how other next-gens do it.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We do, number one, the solution, which is, of course, the technical solutions, getting the startups to support them. But the next step that we also get involved with them is also counselling them, advising them and showing them best practices of how other next-gens do it.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

Thank you very much for affirming and endorsing this model, Vince. It speaks a lot of weight when you share that with me. And it helps to affirm that what we're doing is right. In fact, I would have to admit to you that while that is our major goal, is to build this whole ecosystem of next-gen, we also have a little bit of our fun. Where we get to pick on kind of hat projects that

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

Thank you very much for affirming and endorsing this model, Vince. It speaks a lot of weight when you share that with me. And it helps to affirm that what we're doing is right. In fact, I would have to admit to you that while that is our major goal, is to build this whole ecosystem of next-gen, we also have a little bit of our fun. Where we get to pick on kind of hat projects that

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

But this is just a really interesting story that I wanted to share that I feel very happy to note that despite earning less revenue, we're still so highly profitable. And it just speaks a little bit about the nimbleness of some of the startups that we invested in. We also have another example where we integrated a technology into one of our startup technologies into a family business.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

But this is just a really interesting story that I wanted to share that I feel very happy to note that despite earning less revenue, we're still so highly profitable. And it just speaks a little bit about the nimbleness of some of the startups that we invested in. We also have another example where we integrated a technology into one of our startup technologies into a family business.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

So basically, we have another company called Agrimax. It helps to increase crop yields by 20 to 60%. And that means that if you are a farmer, with the same amount of time and effort, you get 20 to 60% more food supply. Of course, the story of food security, fantastic. Check off that list. That's great.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

So basically, we have another company called Agrimax. It helps to increase crop yields by 20 to 60%. And that means that if you are a farmer, with the same amount of time and effort, you get 20 to 60% more food supply. Of course, the story of food security, fantastic. Check off that list. That's great.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

But I think the other great thing was that there was this particular family business that took on Agrimax technology as a client, and they started seeing more and more produce. And because of the produce that they have, they decided that they don't need to charge too high a fee. to the next stage of consumers or to your wholesale distributors.

Chief Change Officer
#132 From Family Empire to Personal Legacy: Chris Quek’s Bold Quest for Independence - Part Two

But I think the other great thing was that there was this particular family business that took on Agrimax technology as a client, and they started seeing more and more produce. And because of the produce that they have, they decided that they don't need to charge too high a fee. to the next stage of consumers or to your wholesale distributors.