Me & My Money

Inspired by retrenched, resilient dad

As mobile devices became ubiquitous, Mr Eng Poo Yang started Appvantage in 2011, focusing on mobile solutions for the automotive industry. The initial start-up capital was $50,000, and he broke even in six months.
As mobile devices became ubiquitous, Mr Eng Poo Yang started Appvantage in 2011, focusing on mobile solutions for the automotive industry. The initial start-up capital was $50,000, and he broke even in six months.PHOTO: GIN TAY FOR THE SUNDAY TIMES

Serial entrepreneur had seen his father start a successful trading business in a recession

Inspired by his businessman father, Mr Eng Poo Yang set up his own business with two friends after graduating in 1994. He soon learnt it was no walk in the park.

During the first two years, he went for months without pay and had just enough to get by, while trying to build up the cash flow that would sustain the business.

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A version of this article appeared in the print edition of The Sunday Times on April 01, 2018, with the headline 'Inspired by retrenched, resilient dad'. Print Edition | Subscribe