Entrepreneurs

Tuesday, 3 November 2015

Open Culture-Mohamed Bin Ghulam Hussein


Open Culture is a concept according to which knowledge should be spread freely and its growth should come from developing, altering or enriching already existing works on the basis of sharing and collaboration, without being restricted by rules linked to the legal protection of intellectual property.

This trait showed clearly from Mr. Mohamed Bin Ghulam Hussein. He is the founder of Mydin which is one of the largest and well-established Malaysian-owned Companies involved in wholesaling and retailing. With his own saving, without the help of government or anyone else, he begins to start his business empire with his small shop that have a really small space equivalent to the shop size. After 2 decades, Mydin Mohamed finally able to expand his business to the nearer country. One of the factor that Mr. Mohamed could be so success is because he is a person that is very open culture. To Mr. Mohamed, business is a culture and a way to live. Malaysia is a country that is very diverse in ethnic, economics, religion, and cultural. He accept this diversity and use it as a weapon in his business. Mydin sells various type of item that is suitable for the public and also the specific items for different cultural. Mydin products range from food line, household, soft lines and hard lines. This makes Mydin popular in public and brings success to Mr. Mohamed.

    This is in line with its business concept of ‘from society to society’. He held fast to his slogan to sell goods at wholesale prices. Prices meant is for customers who have low incomes. Furthermore, the main factor of success for Mydin Mohamed Bin Ghulam Hussein in business is due to the ethical factor in itself is very high. The Group Mydin always monitor the quality of his products because of wholesale prices. In addition, Mydin also concerned about labeling and halal status of products sold in outlets that they owned. Mydin Group also emphasizes ethical consciousness in its management by involving employees in community services activities that can contribute to society.


As a conclusion, his business started to grew well and he became a successful entrepreneur. Open culture makes his business became one of the largest wholesaling and retailing company in Malaysia, yet he became a successful entrepreneur.




Mohamed Bin Ghulam Hussein


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