Coffee, Courage, and Success: Business Lessons from OK and OldTown White Coffee

Assalamualaikum and greetings to all, I am Datuk Wira Dr. Azizan Osman.

Today, I don't just want to tell a story, but I want to touch your soul, I want to awaken the fighting spirit that may be fading due to the never-ending business challenges. I want to take you into the story of two kopitiams, Oriental Kopi (OK) and OldTown White Coffee, as a reflection of our business journey.

Imagine the year 2020, when the world is squeezed by a pandemic, when many are out of business, there are two young people who dare to open a coffee stall in Johor Bahru.

Named Oriental Coffee, or OK. In less than a year, they have generated RM5 million! It is indeed a loss of RM500 thousand, but that is only the beginning. This is the spirit of young people, brave, not afraid of challenges!

OK don't just dream, they act! They see the opportunity behind the hardship. The shops are empty, the rent is cheap, that's where they put up OK flags.

The result? Within three years, 14 branches stood proudly with an income of RM133 million and a net profit of RM20 million!

In fact, OK is now going further, preparing for an IPO, not to show off, but to further expand their business empire. With the projected value of the company reaching RM300 million, this is not just a success story, but proof that with the right strategy, a small business can become a giant!

But, let's not forget the story of OldTown White Coffee. Starting with a 3-in-1 product in 1999, they successfully opened a store and became a hangout in 2005.

In fact, in 2011, they were listed on Bursa Malaysia with 175 stores and a market capitalization of RM412 million. However, in 2018, they were taken over with a value of RM1.4 billion. Why? Because they are complacent with early success, less focus on quality and innovation.

This is the reality of business, brothers and sisters. Early success is no guarantee of continued success. We need to constantly innovate, be sensitive to market changes, and most importantly, never forget who our customers are.

Many of us may feel stuck, stuck in business. Maybe we think we have done all kinds of things, but the result is not much.

Maybe we feel that there are no new ideas, we don't know what to do anymore. But, remember, in every challenge, there is an opportunity. Look for the opportunity, seize the opportunity. Never give up!

If you want to grow, you have to dare to change. You need to get out of your comfort zone, try new things, and always learn. Don't be afraid to dream big, but don't forget to act.

Don't just rely on one product or one strategy, always look for ways to diversify your business.

Here's why you need to know about Business Growth Transformation:

  1. Understand the true potential of your business: You may not realize that your business can grow bigger than you thought.
  2. Learn proven growth strategies: From digital marketing to financial management, there are many strategies you can use to grow your business.
  3. Get guidance from experts: My team and I are ready to help you plan and implement a suitable growth strategy for your business.

If you feel stuck, if you feel you need guidance, don't hesitate to contact me. I am ready to help. I have a free consultation session that you can join. Let's rise together, succeed together!

Remember, success is not for the great, but for those who try. Let's be a more successful entrepreneur and remember, your competitors will never sleep.

7 Comments

  1. ZULKIFLI BIN ISMAIL

    THANKS FOR SHARING dOC

    Reply
  2. Azlan omar

    Alhamdulillah thank you RichWorks Dato Wira is the best.. I always learn from a distance.. Because of the commitment of civil servants that must be implemented.. Looking for an opportunity to organize free time to be together with RichWorks. A Precious experience.. God willing I will continue to learn from afar.. I will definitely reach my journey even if I have to crawl first before I can walk, run and fly freely...

    Reply
  3. Roleeza Jamsor

    Thank you very clear and touching the soul…. I'm down right now 😔 whatever, thank you very much

    Reply
  4. haryaty

    Thank you very much, I have been tested with health tests.. I hope Doc is blessed with good health and so is our family.. aamiin

    Reply
  5. norita

    Thank you for the useful sharing for me since I followed dwdhao. I don't have any business but just become a user and share the products I use/drink to friends and family.

    Reply
  6. Sharah binti Amirbangsa

    Thank you doc, a lot of helping young children to become generous millionaires, a lot of teaching the meaning of life, MAY ALLAH give doc good health, be able to benefit others amen..

    Reply
  7. Noraini Binti sulaiman

    Thank you doc, really inspired by this story...got and learned something

    Reply

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