Excellence Matters | Serving 9 Million Entrepreneurs | Anthony Tan

Faith Driven Entrepreneur
24 Jul 202315:27

Summary

TLDRThe video script explores the concept of servant leadership in entrepreneurship, using the example of Grab, a Southeast Asian 'super app' that started with a focus on safety for women and children. It highlights the company's growth to serve millions, empowering everyday entrepreneurs and emphasizing the importance of innovation in serving the underserved. The narrative ties back to Christian principles, illustrating how a faith-driven approach can lead to both social impact and business success.

Takeaways

  • πŸ› οΈ The concept of being a faith-driven entrepreneur is rooted in the idea of using one's talents in service to God and others with excellence.
  • πŸ“– The Gospel of John exemplifies servant leadership through the story of Jesus washing his disciples' feet, emphasizing humility and service as core values.
  • πŸš— Grab, often referred to as the Uber of Southeast Asia, has revolutionized transportation and other services in the region with its super app approach.
  • πŸ’‘ The inspiration for Grab came from a desire to solve societal problems, particularly focusing on safety for women and children in daily commutes.
  • 🌐 Grab's business model serves the underserved, providing opportunities for millions of everyday entrepreneurs, from drivers to merchants.
  • πŸ’Ό The company's success is attributed to its founders' focus on creating a sustainable, market-based solution that benefits both the community and the business.
  • πŸš€ Grab's growth and impact have been significant, with a presence in 500 cities across Southeast Asia, showcasing the power of entrepreneurship in the region.
  • 🀝 The company's culture emphasizes empathy and understanding of ground realities, with new employees encouraged to experience the services firsthand.
  • πŸ’‘ Anthony Tan, the founder of Grab, demonstrates an unwavering belief in the value his platform can create for millions, which is a key driver of the company's innovation.
  • 🌟 The story of Grab's rise to success challenges the myth that doing good equates to lower returns, proving that social impact and profitability can go hand in hand.
  • πŸ™ The script concludes with a reflection on the importance of serving others as a reflection of God's nature, suggesting that those with a servant's heart will be greatly blessed.

Q & A

  • What is the central theme of the video script?

    -The central theme of the video script is the concept of servant leadership and its application in entrepreneurship, particularly in the context of the faith-driven entrepreneur and the story of Grab's founder, Anthony Tan.

  • What biblical example is used to illustrate servant leadership in the script?

    -The script uses the example of Jesus washing the feet of his disciples as found in the Gospel of John to illustrate servant leadership.

  • What is Grab and how does it relate to the theme of service?

    -Grab is a Southeast Asian 'super app' that provides services such as ride-hailing, food delivery, grocery, and financial services. It relates to the theme of service by being a company that aims to serve others and solve societal problems, such as safety in daily commutes for women and children.

  • How did the idea of Grab originate?

    -The idea of Grab originated from the need to solve safety issues in daily commutes for women and children, and to provide a contextually relevant solution in Southeast Asia similar to what Uber was doing elsewhere.

  • What is the significance of the statement 'truly truly I say to you a servant is not greater than his master' in the script?

    -This statement, attributed to Jesus, emphasizes the importance of servant leadership and the idea that those in positions of authority should serve others, setting an example of humility and service.

  • How does Grab empower everyday entrepreneurs?

    -Grab empowers everyday entrepreneurs by providing them with opportunities to earn a living through its platform, which includes services like ride-hailing, food delivery, and financial services, thus contributing to their livelihood and economic empowerment.

  • What impact has Grab had on the lives of drivers and merchants in Southeast Asia?

    -Grab has impacted the lives of drivers and merchants by providing them with a platform to earn income, improve their economic status, and gain access to financial services, which can be life-changing for many at the bottom of the economic pyramid.

  • What is the connection between being a christ-centered leader and the business model of Grab?

    -The connection is that being a christ-centered leader involves doing excellent work and serving others, which is reflected in Grab's business model that focuses on serving the underserved and creating a sustainable, profitable business that benefits millions of people.

  • How does Grab's approach to innovation and technology align with the script's theme of service?

    -Grab's approach to innovation and technology is driven by the purpose of serving others, which means that their solutions are designed to address specific societal needs and problems, aligning with the theme of service and servant leadership.

  • What is the message conveyed about the potential of entrepreneurship and the region of Southeast Asia?

    -The message conveyed is that entrepreneurship, especially when guided by principles of service and faith, has the potential to create massive, world-changing impacts, as demonstrated by Grab's success and its positive influence across Southeast Asia.

  • How does the script relate the concept of serving others to the nature of God?

    -The script relates the concept of serving others to the nature of God by suggesting that serving one another is in line with God's nature within us, as exemplified by Christ's actions and teachings.

Outlines

00:00

πŸ™Œ Faith-Driven Entrepreneurship and Service

This paragraph discusses the concept of being in service to others as a faith-driven entrepreneur. It emphasizes the importance of using one's talents and gifts in service to God and others with excellence. The example of Jesus washing his disciples' feet is highlighted as the epitome of servant leadership. The story of Anthony Tan and Grab, a 'super app' in Southeast Asia, is introduced, illustrating how a faith-based approach to entrepreneurship can lead to innovation and success, even in the face of societal issues like safety concerns for women and children.

05:01

πŸš— Empowering the Underserved with Grab

The second paragraph delves into the impact of Grab, a company that has revolutionized transportation and various services in Southeast Asia. It details how Grab's services, from ride-hailing to financial services, empower millions of everyday entrepreneurs and improve the lives of those at the bottom of the economic pyramid. The narrative shares the personal story of the speaker, who experienced the benefits of Grab's services firsthand, and how the company's market-based solutions create sustainable, profitable business models that also uplift vulnerable communities.

10:03

🌟 The Power of Innovation and Christ-Centered Leadership

This paragraph highlights the importance of innovation and Christ-centered leadership in building a successful business like Grab. It discusses the challenges of serving the underserved and the necessity of inventing and reinventing to create efficient and productive solutions. The speaker shares insights into the company's rapid growth and its ability to change consumer behavior, emphasizing the role of empathy and understanding ground truths in creating a loyal customer base. The paragraph concludes with reflections on the potential of entrepreneurship and the impact of following God's word in creating world-changing businesses.

15:08

🌱 Serving Others as a Foundation for Success

The final paragraph reinforces the idea that serving others is not only a moral imperative but also a key to business success. It recounts the origins of Grab as a solution to societal problems and its evolution into a unicorn company that has positively impacted millions across Southeast Asia. The paragraph reflects on the founders' commitment to serving others as a driving force behind innovation and technology, suggesting that this servant's heart aligns with the teachings of Christ. It concludes with an invitation to discuss the session's insights and their relevance to personal entrepreneurial journeys, encouraging transparency and mutual learning.

🌐 Global Impact of Southeast Asian Entrepreneurship

This paragraph, although empty in the provided script, could be inferred as a closing statement or a transition to a broader discussion about the global impact of Southeast Asian entrepreneurship. It may serve as a reminder of the potential for positive change that can be achieved when businesses are founded on principles of service and innovation.

Mindmap

Keywords

πŸ’‘Service

Service in this context refers to the act of helping or doing work for others, often voluntarily and without direct financial gain. It is central to the video's theme, emphasizing the importance of serving others as a core value in entrepreneurship and leadership. The script mentions how God created humans to serve others, and this principle is exemplified in the story of Jesus washing his disciples' feet, illustrating the humility and selflessness in service.

πŸ’‘Faith-driven Entrepreneur

A faith-driven entrepreneur is someone who integrates their spiritual beliefs into their business practices and decision-making processes. In the video, this term is used to describe individuals who are not only pursuing their personal calling but also using their talents to serve God and others with excellence. The concept is tied to the idea of servant leadership and the pursuit of a purpose that benefits society.

πŸ’‘Gifts and Talents

Gifts and talents refer to the natural abilities or skills that individuals possess. In the script, these are presented as divine endowments meant to be used in service to God and humanity. The video encourages faith-driven entrepreneurs to leverage their unique skills to fulfill their purpose and contribute positively to society.

πŸ’‘Excellence

Excellence is the quality of being exceptionally good or outstanding. The video script stresses the importance of doing work with excellence, especially when it involves serving others. It is mentioned in the context of how Jesus served his disciples, setting an example of the highest standard of service.

πŸ’‘Servant Leadership

Servant leadership is a leadership philosophy where the main goal of the leader is to serve others, especially their team members, rather than focusing on their own power or status. The video uses the example of Jesus washing his disciples' feet to illustrate the concept of servant leadership, showing humility and a focus on the needs of others.

πŸ’‘Grab

Grab is referred to as the 'Uber of Southeast Asia' in the script, highlighting its role as a major ride-hailing service provider in the region. The company has expanded its services beyond transportation to include food delivery, grocery, and financial services, making it a 'super app' that serves a wide range of consumer needs and supports millions of everyday entrepreneurs.

πŸ’‘Innovation

Innovation in the video is portrayed as a result of the drive to serve others better. It is not an end in itself but a means to improve services and solve problems. The script mentions how Grab's founders were motivated by societal issues, such as safety during commutes, and used innovation to create solutions that serve the underserved.

πŸ’‘Underserved

The term underserved refers to populations that do not receive adequate services or resources, often due to systemic barriers. In the context of the video, Grab's business model focuses on serving these populations, such as providing safe transportation for women and children and financial services for the unbanked, thereby driving both social impact and business success.

πŸ’‘Sustainability

Sustainability in this video refers to the ability of a business model to maintain itself over the long term without requiring continuous external support. The speaker emphasizes the importance of creating a sustainable business that can scale and continue to serve the underserved populations without relying on annual donations or handouts.

πŸ’‘Empowerment

Empowerment in the script is about giving people the means to improve their own lives and livelihoods. Grab is described as empowering over 9 million everyday entrepreneurs, from drivers to merchants, by providing them with opportunities to earn and support their families, thus uplifting the bottom of the economic pyramid.

πŸ’‘Christ-centered Leadership

Christ-centered leadership is a leadership approach that is guided by the teachings and example of Jesus Christ, emphasizing humility, service, and love for others. The video suggests that being a Christ-centered leader involves doing excellent work and creating a positive impact in the world, as exemplified by the success and social mission of Grab.

Highlights

The concept of serving others as a core element of being a faith-driven entrepreneur is introduced, encouraging a shift in perspective towards service-driven innovation.

Jesus washing the feet of His disciples is presented as the ultimate example of servant leadership, emphasizing humility and service as key values.

The story of Anthony Tan and the creation of Grab is highlighted, showcasing how a business born from a desire to solve safety issues for women in Southeast Asia evolved into a multi-billion dollar super app.

Grab’s mission to serve the underserved, particularly women and children, in Southeast Asia, and how this approach led to the creation of a sustainable, profitable business.

The significance of contextualizing solutions to fit local needs is demonstrated through Grab's adaptation of the Uber model for Southeast Asia, leading to its success.

The company’s impact on millions of micro-entrepreneurs, particularly drivers and merchants, who rely on Grab for their livelihood is emphasized.

The innovative approach of providing smartphones to drivers as a means to empower them economically, rather than offering handouts, is a key highlight.

The idea that serving the underserved and the underbanked can be both socially beneficial and highly profitable is explored through Grab’s business model.

Anthony Tan's belief in the potential for market-based solutions to have a massive impact across an entire region is discussed, emphasizing sustainability and scalability.

The importance of empathy in business is highlighted through Grab's onboarding process, which immerses new employees in the experiences of drivers, merchants, and customers.

The commitment to staying close to the ground and continuously gathering feedback from users is presented as a cornerstone of Grab's success.

Anthony Tan’s strong faith and belief in God’s guidance in building a business that honors Him and serves millions of people is a recurring theme.

Grab's journey from a Harvard Business School project to one of Southeast Asia's first unicorns is outlined, demonstrating the power of entrepreneurship in solving real-world problems.

The broader impact of Grab on Southeast Asia’s economy and its role in uplifting the region’s micro-entrepreneurs is recognized as a significant achievement.

The session concludes with a call to emulate Christ’s example by serving others with humility and love, tying the themes of faith, service, and entrepreneurship together.

Transcripts

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foreign

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[Music]

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[Applause]

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[Music]

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foreign

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[Music]

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God made us to be in service to others

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let that sink in for just a moment how

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might it change your perspective on

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being a faith-driven entrepreneur for

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many of us we're focused on pursuing our

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call to create it's a personal and

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intimate purpose that invites us to use

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the gifts and talents God has given us

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in service to him and in everything we

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do we want to do it with Excellence but

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what if we looked at this Pursuit from

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another perspective instead of focusing

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only on what we have to offer what if we

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allow the purpose of serving to drive

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our ideas inspiration and Innovation the

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greatest example of servant leadership

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is found in the Gospel of John the

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disciples are gathered together in an

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upper room just before Jesus is arrested

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and put to death before their last meal

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together Jesus does something that still

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Echoes across time

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he proceeds to wash the feet of his

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disciples

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never has this been done before

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esteemed Rabbi kneels before his

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followers to serve and care for them in

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this case our savior humbles himself

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before those he is about to save

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Jesus's disciples hardly know what to do

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with this Revelation and yet the lesson

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is clearly articulated by Jesus

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truly truly I say to you a servant is

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not greater than his master nor is a

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messenger greater than the one who sent

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him if you know these things blessed are

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to you if you do them in effect Christ

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is saying we should serve one another in

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honor to the one who served us with his

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very life

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that is service with utmost Excellence

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if you're in America you may think of

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the company grab as the Uber of

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Southeast Asia of course if you live in

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Southeast Asia Uber is the grab of

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America whatever way you look at it with

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198 million downloads of the app nine

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million drivers and 352 cities in eight

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countries in a 14 billion dollar

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valuation Anthony tan and grab are

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running circles around the ride sharing

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industry they put in the palm of our

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hands a super app that helps with

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deliveries Banking and so many other

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services let's watch

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I remember I had to describe this in the

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business plan competition

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where one slide showing their cases of

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very unfortunate rape of sexual

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harassment sudden taxi drivers putting a

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sleep aid on the aircon so that the

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passenger will fall asleep

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like many great entrepreneurs he was

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motivated to solve a problem and I was

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really focused on more of a social

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Enterprise

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I met Wei Ling my co-founder and well

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exploring a lot of cases some of them

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were actually Southeast Asian cases

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about helping people at a base their

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pyramid while creating long-term

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sustainable profitable business

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and that's when we said hey Lang and I

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said one of the biggest problems is

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safety safety in the daily commute for

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women and children

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as he waited in after graduating and

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going back to Kuala Lumpur where he was

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from he realized that as Uber was taken

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off there was a way to contextualize

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that same solution that was solving

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problems elsewhere in the world but to

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contextualized in a little bit different

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way in Southeast Asia and that's really

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what gave birth to grab

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[Music]

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garbage is a Supra that provides

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services across ride hailing food

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delivery Grocery and financial services

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my first encounter actually with Anthony

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is that he solved my problem I was there

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living with my wife and our three young

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kids we didn't have a car we were living

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in the middle of Kuala Lumpur and the

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experience that Brooke and the kids had

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trying to take taxis to transport around

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the city or to the airport or to

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wherever was horrific I got dropped off

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in the middle of nowhere they'd get you

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know haggled every time they got in a

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cab on what the fair was going to be

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nobody wanted to run on the meter and

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Anthony solved that problem for our

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family and as I dug into like what is

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this thing that we're using that's

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actually kind of like uber but different

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that helped me understand that like oh

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my gosh there's actually a Believer

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who's building this company that's

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actually benefiting our family in some

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extraordinary ways so every service we

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do whether it's ride hailing but it's

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food delivery whether it's grocery

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delivery

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what uh it's loans and lending Services

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whether it's deposit micro savings

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every one of this you can see it

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empowers the bottom of the pyramid to

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anyone and everyone in between so today

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we Empower over 9 million everyday

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entrepreneurs from drivers to Merchants

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some we make up a hundred percent of

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their daily earnings some we make up 20

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30 of the daily earnings

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all across the region most of us are

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consumers

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but just think about the millions of

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merchants or micro entrepreneurs that

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rely on grad every single day for every

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part of their life including their

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livelihood that was our entire thesis

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was we came from many governments in the

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region that would give out eight

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handouts I remember when Ling and I

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first trained a first set of drivers the

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never seen a smartphone before and

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talked to them I said no you just pay a

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dollar a day to us we will let you have

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this Smartphone and they could earn an

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income

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number it was the first time this

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concept of We're not gonna give you an a

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we're gonna give you a fishing rod to

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help you fish and eat their family

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through their earnings as a driver and

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they didn't themselves and that gave

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themselves pride and self-respect it's

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something I don't think handouts can do

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drivers in this region are a subset of

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60 of the world's population which is

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bottom of the pyramid these are the

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largest consumers of the world

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they are the backbone of Southeast Asian

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economy so aiming and serving this

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vulnerable group

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of doing good and uplifting them

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actually builds a sustainable profitable

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business

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I think one of the things that Anthony

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realized in the process of giving birth

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to grab was that in order for him to

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have the Maximum Impact that he could

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have across the entire region and to

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employ millions of drivers as he now

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employs he really needed to think about

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a market-based solution that was

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sustainable that didn't require people

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to write checks every year he was really

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focused on a business that could be

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sustainable across the region in

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position to scale

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to be a christ-centered leader you are

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expected to do excellent work that is in

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the word this idea or this fallacy I

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would say a myth that by doing good you

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actually deliver below returns in fact I

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would

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argue and I strongly believe

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in the total opposite today

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our whole business model has been

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serving the underserved whereas women

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and children who needed safety we've

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built a ride-hating very profitable

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business but how did it start because we

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found an unserving the underserved

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because we are the bigger way how to

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make money by serving and I'll tell you

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it's hard to serve the underserved to

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serve the underbank

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and make money you have to invent you

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had to move the efficiency Frontier or

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the productivity Frontier but how do you

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shift the Frontiers by invention by

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reinvention by Innovation so it forces

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you to invent

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and they are creating an experience in

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the market that today feels like

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as common as you know drinking water

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when at the time

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it's like people said oh why I wouldn't

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need to use an app to call a taxi I can

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just call this number I've been doing

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that for 20 years

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right there they have to change Behavior

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and um and they did so at rapid speed

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[Music]

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we've become customers one choice by

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staying close to the ground you know

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just yesterday I was talking to the

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driver saying hey why do you have

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another app

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um tell me why and after that I called

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my CPO after that and then said hey

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let's brainstorm finding ways how to

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figure away how to gain more loyalty

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from drivers like these at a group level

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every new Grabber who comes in

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do on board

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onboarding means immersion to ground

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truths meaning go down to the ground go

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and deliver food yourself go and

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ride with a driver partner if you can't

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drive yourself

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go and be a merchant sit beside a

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merchant and operate on the merchant app

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yourself so that orientation that

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onboarding helps create empathy

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for the customer for the merchant for

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customer service agents Anthony has

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incredible grit and belief

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in what he's doing I mean his entire

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body his entire being is that belief in

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the value he can create for for millions

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of people in the livelihood that his

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platform can can create for millions and

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potentially billions of people

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in the future

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the connotation that we all have in our

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minds when you think about a CEO comes

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through really quickly within 30 seconds

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of meeting Anthony I knew I wanted to

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invest what Anthony communicated was

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both an extraordinary level of

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confidence and competence and also what

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we needed to do together what the US was

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in Graham and that sense of something

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that was way beyond what Anthony is

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impressive as he was but Way Beyond what

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he could do individually that was

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contagious and that allowed him to

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aggregate the level of talent in that

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company that for us as an investor you

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know it's it's the least diligence I've

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ever done on any of our investments

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[Music]

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you know when we were in public

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it sent a word statement and I remember

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going you know I kept looking up you

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know I was just pointing up look up

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folks it's all him

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I didn't do this a hundred percent

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him the significance is that how a

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company that was founded in Kuala Lumpur

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Malaysia could take what stage on a U.S

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public Stock Exchange all took place in

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a way whereby we honored him in all that

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we did and we have shown that you can be

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in this world but not of this world and

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yet do his work and yet build a great

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business

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that has affected positively to nearly

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500 cities across Southeast Asia

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in a region that most people when I

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first went to college in the US didn't

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know where it was and it shows you the

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potential

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of Entrepreneurship it shows you the

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potential of the region and how

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our micro entrepreneurs and everyday

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entrepreneurs are taking World stage

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but also shows you that following God's

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word

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[Music]

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can create massive world-changing impact

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[Music]

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foreign

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[Music]

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was created to solve a problem into

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society

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launched during the Harvard Business

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School project pitch competition for

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women who didn't feel safe getting home

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at night grab also seeks to improve the

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lives of drivers and has since become

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one of Southeast Asia's earliest

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unicorns and has impacted millions of

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lives across the region at its core grab

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was created to serve others the purpose

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is driving Innovation and Technology not

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the other way around

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perhaps the reason this super app has

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performed the way it has has less to do

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with an idea and more to do with its

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Founders capping into us being hardwired

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to serve one another as his followers we

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are to emulate Christ

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serving one another in loneliness of

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heart and mind seeking to build one

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another up in humility and love when we

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neglect to serve others we go against

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God's very nature within us those who

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pursue a servant's heart will be greatly

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blessed to know what it's like to love

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God and love one another talk about this

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session in your group and how it relates

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to the journey you're on open yourselves

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up to learning from one another be

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transparent and honest with each other

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well you get out of this time together

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will only be as enriching and

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life-giving as what you put into it see

play14:59

you next time

play15:00

[Music]

play15:07

thank you

play15:23

foreign

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