BOSS HOLYWINGS : INVEST DI SINI, 2 TAHUN BALIK MODAL | INVESTOR SAMPE NGANTRI_Andrew Susanto Part 2

Summary

In this insightful conversation, a business leader shares valuable lessons from the entertainment and hospitality industry. He discusses his experiences in the HolyWings Group, emphasizing the importance of focus, adaptability, and genuine partnerships in business growth. He highlights how a successful business requires constant innovation, the role of trust and chemistry in partnerships, and the need for unwavering commitment. The leader also shares his approach to avoiding distractions, including prohibiting 'double jobbing' among employees, and stresses the importance of learning and staying grounded for long-term success.

Takeaways

• 😀 Adaptability is key to business success. HolyWings founder is constantly traveling the world to find new concepts and adapt to trends.
• 😀 Focus is essential. The importance of not having a 'double job' and staying focused on one business was emphasized.
• 😀 Building strong partnerships is vital. It’s not just about business ventures; it's about choosing the right people with whom you share the same vision.
• 😀 Business owners should trust their partners. The speaker entrusted the HolyWings founders with his money without initially auditing financial reports, trusting their capability to manage the business.
• 😀 Creative brainstorming and conflict are part of the process. The HolyWings founders often argue over ideas, but this leads to productive and innovative solutions.
• 😀 Success is a long-term process. Rapid success is a misconception, and true success takes time and sustained effort.
• 😀 Pride and trust matter more than financial gain in some partnerships. Investors often invest in the pride of being associated with successful businesses like HolyWings rather than just for financial return.
• 😀 Business expansion is not only about financial success but also about maintaining a good reputation and quality service, such as how HolyWings handles its various outlets and projects.
• 😀 Investor relations are crucial. HolyWings ensures that there are always new investors for every project, maintaining fresh and diverse support for each initiative.
• 😀 The key to business growth is consistency and focus on one thing. Focusing on a single business or task, like the founder’s experience with photo printing, leads to success over time.

Q & A

What is the main focus of Holywings Group's business model?

The main focus of Holywings Group's business model is in the entertainment and hospitality sectors, including bars, clubs, and restaurants. The group operates a variety of outlets and concepts under different names such as HW Life, Superclub, Tiger, and Dragon, with a significant focus on adaptability and staying relevant in the fast-changing entertainment industry.

Why does the speaker emphasize not allowing employees to have 'double jobs'?

The speaker emphasizes not allowing employees to have 'double jobs' because it leads to a lack of focus. He believes that true success comes from fully dedicating oneself to a single role or business, and that spreading attention across multiple jobs dilutes effectiveness and focus.

How does Holywings Group stay adaptable and creative in the entertainment industry?

Holywings Group stays adaptable and creative by constantly looking for new concepts and trends from around the world. For example, they introduced the HW Life concept after observing a trend in China where solo singers perform in clubs, creating a new atmosphere compared to traditional bands. Additionally, they invite international acts like Disclosure to keep the entertainment fresh and engaging.

What does the speaker believe about successful partnerships in business?

The speaker believes that successful partnerships are built on mutual trust, compatibility, and shared vision. It's essential to connect with the right person first, then figure out what business to pursue together. He highlights that conflicts in partnerships usually arise from differences in work styles, not personal character.

What are the key qualities that Holywings looks for in investors?

Holywings looks for investors who are willing to contribute not just financially, but also share the vision and values of the company. The group values investors who can see beyond immediate profits, and instead value the pride and reputation of being associated with the brand.

How does Holywings handle investor relations and new projects?

When Holywings has a new project, they prioritize offering it to new investors first, to maintain fresh involvement in the business. They distribute opportunities through direct communication, such as DMs, rather than publicly announcing it, ensuring that both new and existing investors have a chance to participate.

What role does 'pride' play in Holywings' investment model?

Pride plays a significant role in Holywings' investment model. Investors are often motivated by the prestige of being associated with the brand, and they value the reputation of owning a part of the Holywings outlets, rather than just seeking immediate financial returns.

What is the speaker's perspective on quick success in business?

The speaker believes that quick success is a misconception. He argues that true success in business takes time and focus. He advises against rushing growth or expecting rapid profits, emphasizing that consistent effort and long-term focus lead to sustainable success.

How does Holywings ensure the recovery of its brand after challenges?

Holywings ensures brand recovery by maintaining consistency in its operations, staying adaptable, and learning from past mistakes. Despite facing challenges, including controversies, the group has managed to recover steadily by focusing on its strengths and staying true to its business principles.

What is the speaker’s advice for small business owners (UKM)?

The speaker advises small business owners to focus on optimizing their capacity and abilities, rather than rushing to replicate the success of large companies like Gojek or Tokopedia. He stresses that focusing on one business at a time, and fully committing to it, is key to long-term success.