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Sky Chiew – Misc Quotes

In my previous post, i focused on my interview with TechinAsia. In this post, i take a different approach, featuring some of my favorite quotes over the years. They’re from a variety of sources, including The Business Times, HRM Asia, blogs and others.

‘We didn’t have a lot of capital so we needed to adopt a different strategy,’ says Donut Empire CEO Sky Chiew, who recently won the Spirit of Enterprise Award 2008 for his entrepreneurial success with the chain. – Business Times, 2009

Sky Chiew – Financing Strategy

But Mr Chiew is not about to start borrowing from banks to finance his expansion plans, especially given the tight credit conditions.

‘All along we have not had any finance from banks because we are in a cash business,’ he says. ‘If we got debt we would have expanded very fast.

‘But my style is that I don’t want to owe people money or borrow money from the banks. All of our machinery has been fully paid for.’ – Business Times, 2009

Sky Chiew – Singaporean Taste Buds

Singaporeans have discerning taste buds and they go for quality, he says. – Business Times, 2009

Sky Chiew – R&D

Mr Sky Chiew, the CEO of Donut Empire states that “many taste tests” have been done to ensure that the flavours fit into their signature donut flavour. – Youth.sg

Sky Chiew – Why I Entered F&B

“The reason why I went into the donut business is because I’ve always had a passion for the food and beverage (F&B) industry. My parents were in the F&B business and I fell in love with donuts as a child,” Chiew fondly remembers.- HRM

Sky Chiew – Adaptability

“We have to adapt ourselves constantly if we wish to expand overseas. We have to get used to different mentalities and different service standards available in other countries, and adapt ourselves accordingly. – HRM

These are a some of my favorite quotes and i’m putting them in a post for easy access. What do you think?

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Sky Chiew – My Interview With Tech in Asia

One of the interviews that i’m most proud of is the one with Tech in Asia. Time flies and it has already been nine years since “Interview: Sky Chiew, CEO of Donut Empire” was published and you can read the full interview on Tech in Asia but i just wanted to share some of the key snippets.

Sky Chiew – The Early Years

I used to own several clubs and pubs in Malaysia and was in the entertainment business for 10 years.  Now I run my club in Singapore alongside my other businesses. I chose the food business because I have passion for it and also because my parents were in this industry as well.

Entrepreneurs in F&B

Every industry has it’s quirks and the F&B industry is no different. A good product is probably paramount but it needs to be supported by good marketing and effective management as well.

The Sky’s the Limit

One question that i’m asked a lot is what my tips are for aspiring entrepreneurs. Always remember to think big and plan your path. If there’s a will, there’s a way. Fortune favors the brave and it is important not to let the minor setbacks stop you from your dreams.

What’s an average day like in the life of Sky Chiew?

Different strokes for different folks is how i’d describe it. There’s no one size fits all prescription on how to live our lives but if there’s one thing i’d like to highlight is the need for an active lifestyle and i love wakeboarding and golf!

Sky Chiew’s Vision

Many people have asked me what vision do I have for myself. Where do i see myself in 5 years? Well that’s never an easy question to answer but i thought i’d pen some of my quick thoughts in this post.

Search for “Sky Chiew” on the Internet and you can see that probably my biggest passion in the world is creating Singapore’s own brand of donuts and showcasing them to the world. Five years from now? I hope to be running my donut empire all around the world. I hope you’ll join me.

Sincerely,

Sky Chiew