Initiative

Chu Jenn Weng

One of the entrepreneur characteristic is initiative. The initiative means that who is willing to start something, not being left behind and willing to put themselves in challenging situations. Chu Jenn Weng is an entrepreneur who showed the trait of initiative. Chu Jenn Weng is one of the founder Vitrox Corp Bhd in Penang, Malaysia. Chu Jenn Weng was starting up his own business with his partner Siaw Kok Tong in machine vision. Chu Jenn Weng willing start up a business after visiting Hewlett Packard garage in USA and nowadays he become a successful entrepreneur. 

In year 1998, Chu Jenn Weng and his partner start up own business. The operation was operate in bedroom, garage and was moved to Krystal Point after business expand. In year 2000, he was converted from partnership to private limited company and was named ViTrox Technologies Sdn Bhd (VTSB). During start-up level, he was touched upon in every field of the business, starting from sales and marketing, R&D of vision system, part purchasing, finance, service and support.

In year 2005, Chu Jenn Weng was accepted a certificate of merit from Outstanding Young Malaysian (TOYM) Award under Business Economics and Entrepreneurial Accomplishment category. In year 2011, he was accepted Ernst & Young Malaysian Technology Entrepreneur and Outstanding Entrepreneur Award for Asia Pacific Entrepreneur Award (APEA).

Chu Jenn Weng also showed the initiative through target in year 2013 that the target of “555 strategy”, means that the annual turnover of MYR 500 million and has 500 employees. But in the year 2015, Chu Jenn Weng change the plan to the ‘Asia expansion strategy’ of focusing on China, Taiwan, Japan, Korea, Vietnam, Philippines and Indonesian markets. Besides that, direct sales force and strategic sales channel partners through reinforcing the group’s presence in North America and South America.

Based on the history of Chu Jenn Weng, can know that he willing to start up a business and have interest in job will become a successful entrepreneur. Besides, he also believe that Malaysian can expand business to global market.