The Success Story of Vernon Kwek, CEO Once dumped, Bankrupt, Imprisoned

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The Success Story of Vernon Kwek, CEO Once dumped, Bankrupt, Imprisoned

Friday, October 11, 2019

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Title : The Success Story of Vernon Kwek, CEO Once dumped, Bankrupt, Imprisoned
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The Success Story of Vernon Kwek, CEO Once dumped, Bankrupt, Imprisoned

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The success of a person is indeed not seen from his profession. Proven Vernon Kwek, 48-year-old man now successfully became CEO of Primech Services & Engineering in Singapore. Mr. Vernon Quack dropped out of high school to become a whiner. He went bankrupt and jailed, but now is the CEO of a cleaning company with 3,000 employees and monthly sales of around $ 12 million.




In fact, he also had experienced a major failure in his life. At that time, the Straits Times said he filed for bankruptcy until he could only pay workers with a monthly salary of SGD 1,300 (Rp.13 million), whereas previously he was able to pay up to SGD25,000 (Rp. 250 million).




At first glance, Vernon Kwek, 48, looks very impressive. A person who excels, for lack of a better word.




But this is the problem; not always smooth for him. In fact, the famous history of Quack has also felt:



  • Dropped out of school at the age of 14

  • File for bankruptcy

  • Sentenced to prison for four months



The Success Story of Vernon Kwek, CEO Once dumped, Bankrupt, Imprisoned



According to the Straits Times, the story begins when he was only 13 years old.




Knowing that the manager of a cleaning company could earn more money than a new engineering graduate, he asked to drop out of school. And naturally ...




His father forbade him to do it.




Unwilling to give up, Dewey then ran away from home for two months, and his father finally relented.




Dewey was then allowed to take up a full-time cleaning service position, a job that gave him $ 430 a month. And because he was a hard-working and resourceful person, he was immediately promoted to a boss of the same age, earning an increase in salary of SGD800.




"I asked the manager if he was sure. My father became a supervisor only when he was 40 years old. I am only 14 years old. But he said: "Don't worry. You have your father's genes. He has leadership qualities, you must also have the same thing."




Once he dated a girl, but he was dumped because he wanted to go to college to be a scholar in the hope of being successful.




But Vernon never hated people throwing it away. "Actually I have to thank him. If it wasn't for what he said, I wouldn't be here today, "he said. At present, he is married with four children aged nine to 16 years.




After crying over his loss for five whole days, Quack went and looked for work. Once again, his hardworking attitude proved to be a real tool, and he got a five-figure salary after a year.




After the National Service, Mr Kwek returned to his former company and operated as a subcontractor, producing an impressive SGD25,000 and driving a BMW 318.




However, he began to spoil himself and spent money in vain on the advice of his friends.




When the company heard about his antics, they cut him off, and he effectively went bankrupt at the young age of 26.




Dewey returns to Jani King, the company where he worked before he was jailed.




He then joined WIS Holdings and was transferred to Primech ten years ago. At that time, the company had 200 employees and produced SGD 500,000 (RM1.5 million) a month.




Currently, he holds a 10% stake in the company and runs Primech and two cleaning companies, A&P Maintenance Services and Maint-Kleen. He is also happy to be married with four children, all aged between nine and 16 years.




And despite all his setbacks, he said that he was not ashamed of them.




"I did something wrong but it brought me here. Why should I be embarrassed? "He added.




And so, people. Life is not running fast.




That's a marathon.




So, if you feel sad and sad right now, remember that as long as you don't give up ... you will definitely succeed. No matter how long.




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