Khoo is the
Executive Chairman and Chief Master Trainer of Adam Khoo Learning Technologies Group, one of Asia’s largest private educational institutions, which runs educational seminars for over 80,000 people annually in 7 countries. His business interests include
advertising,
corporate training and professional investing.
In 2008, Khoo was ranked among the top 25 richest Singaporeans under age 40 by
The Executive magazine. In the same year, he was conferred the
NUS Business SchoolEminent Business Alumni Award.
Background and education[edit]
Childhood[edit]
Turning point in education[edit]
In 1987, when Khoo was 13, his parents enrolled their
"under-achiever" son for a five-day residential program at Ladyhill Hotel called Super-Teen Camp.
[1][3][7] The man responsible for spotting Khoo's "gifted talent" in Super-Teen was Dr. Ernest Wong,
founder, principal consultant and master teacher of Ernesco, the Centre for Motivational Language Learning based in
Kuala Lumpur,
Malaysia[7] (the Super-Teen Camp is now under Learning Mastery Pte. Ltd.) Dr. Wong's
teaching tools incorporated and adapted an American-developed
learning technology called
neuro-linguistic programming (NLP), as well as whole-brain learning.
[7] This was the beginning of Khoo's interest and journey in mastering motivational techniques,
[7] which formed the foundation of many of his best-selling books and
seminars.
At 23, Khoo obtained his
licence in NLP in
Seattle, Washington.
[7] At 24, he became a trainer at SuperTeen,
[1] conducting courses for organizations like the
Chinese Development Assistance Council (CDAC),
Association of Muslim Professionals (AMP),
Nanyang Girls' High School and the Universitas Pelita Harapan (UPH) in
Jakarta.
[5] At 25, Khoo was
coaching top
insurance agents and marketing managers twice his age on how to boost sales.
[1] At this time, his
father, Vince Khoo, who owned the
advertising agency Adcom, bought out all
partners and offered the younger Khoo the opportunity to run it.
[1] Within three months, he turned it around from making losses in 1998–1999 to clinching a pitching rate of 80 percent
[1] with the first monthly
profit, and went on to increase margins by 30%.
[8]Their clients have included AIA,
Dumex,
Mobil (lost during the
Exxon merger), Phillip Wain slimming centers, Sobe Fresh Soya Milk,
Tabasco,
Heinz, Sinsin,
Night Safari, Singapore and
MobileOne (M1).
[1][9]
At 26, Khoo earned his first million, from giving motivational training at schools and companies (the most lucrative, earning him up to S$1000 an hour), his entertainment company and shrewd investments in
equities,
unit trusts and
property.
[3]
Portfolio[edit]
Investments[edit]
Property[edit]
Khoo's
portfolio consists of
property that he
rents out. In 1998, he bought a
condominium in East Coast for S$480,000 and rented it out for about S$3,000. He sold it for S$650,000 in 2004. Other properties he owns include a house in East Coast and a condominium at Robertson Quay.
[10]
Businesses[edit]
Khoo does not believe in taking on
consumer debt and prefers starting businesses with zero
capital, paying freelance fees or stocks in the beginning until
profit is generated.
[6]
Bibliography[edit]
- I Am Gifted, So Are You! (first published by Oxford University Press, ISBN 978-9812324276).[7]
- How to Multiply Your Child's Intelligence (Pearson Education, ISBN 978-0131013551)
- Clueless in Starting a Business (Pearson Education, ISBN 978-9812445070).
- Master Your Mind, Design Your Destiny (Adam Khoo Learning Technologies Group, ISBN 978-9810508562)
- Secrets of Self-Made Millionaires (Adam Khoo Learning Technologies Group, ISBN 978-9810552848)
- Secrets of Millionaire Investors (Adam Khoo Learning Technologies Group, ISBN 978-9810581954
- Secrets of Building Multi-Million Dollar Businesses (Adam Khoo Learning Technologies Group, ISBN 978-9810814786)
- Nurturing the Winner & Genius in Your Child (Adam Khoo Learning Technologies Group, ISBN 978-9810596835)
- Secrets of Successful Teens (Adam Khoo Learning Technologies Group, ISBN 978-9810837174)
- Profit from the Panic (Adam Khoo Learning Technologies Group, ISBN 978-9810820879)
- Profit from the Asian Recovery (Adam Khoo Learning Technologies Group, ISBN 978-9810857783)
- Winning the Game of Life! (Adam Khoo Learning Technologies Group, ISBN 978-9810700812)
- Winning the Game of Stocks! (Adam Khoo Learning Technologies Group, ISBN 978-9810756154)
References[edit]
- ^ Jump up to:a b c d e f g h i j k "I want to be a millionaire by 26", The Sunday Times, 21 October 2001
- Jump up^ "Young millionaire Khoo to address seminar," The Business Times, January 2002 (no date provided)
- ^ Jump up to:a b c d e f g h i j "He made his first million at 26", The New Paper, 27 September 2001
- ^ Jump up to:a b c d e f g h i j k Khoo, Adam; Tan, Stuart (2004). Master Your Mind, Design Your Destiny. Adam Khoo Learning Technologies Group Pte Ltd. p. 348. ISBN 978-9810508562.
- ^ Jump up to:a b c d e f g "Lousy at learning? Take heart", The Straits Times LIFE!, 6 August 1998
- ^ Jump up to:a b c d e f g "From underachiever to millionaire", The Edge Singapore, 18 December 2006
- ^ Jump up to:a b c d e f g h i j "I Am Gifted So Are You", Bizad, no date provided
- Jump up^ "Driving Ambition" by James Lee
- Jump up^ "Following father's footsteps to take a leap forward"
- ^ Jump up to:a b c d "Big investor but frugal spender", Me & Money, The Straits Times, 22 February 2009 [1]