Page 15 - MASALA LITE ISSUE 82 | JULY 2017
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                                                            I decided that it was time to leave the e-commerce   are there to teach you ways to get around them. The
                                                            game and go somewhere I could make a bigger   more I look at things that way, the more fun and
                                                            impact. That’s when I started Frank.co.th.    enjoyable every challenge in life becomes.

                                                            Did you ever actually join dad’s business?    Would you recommend other businessmen’s kids
                       “Obstacles aren’t                    No, I was always sure I could make it on my own.   to do it alone?
                                                            Once I had proven myself, I was sure I could join the   Defi nitely. Our families are used to doing things a
                 supposed to stop you from                  family business when I was ready.             certain way. There’s nothing wrong with that; it’s
                                                                                                          worked for them. It’s our job to venture out and test
                  moving forward, they are                  Was the family’s reaction something like ‘best   the waters. If we fail, no harm done; there’ll be many
                                                            get all that out of his system while he’s young’ or   other opportunities to redeem ourselves. If, on the
                 there to teach you ways to                 ‘what on earth is he thinking?’               other hand, our parents were to fail, they’d be risking
                                                            My family was very happy actually. They told me   the livelihoods of their children and grandchildren,
                       get around them.”                    they hadn’t spent all that money on my education   and that’s a much bigger risk.
                                                            just so I could do something I could have picked up
                                                            with experience.                              What advice do you have for them?
                                                                                                          Don’t be afraid to try something. It doesn’t have to
                                                            Wasn’t it the family in the end who had to sponsor   be diff erent. The best ideas aren’t original, but rather
                                                            this whole big idea of yours — your start-up?  the ones best executed. Facebook came way after My
                                                            No, I was lucky enough to fi nd investors who believed   Space and iPhones came out way after other phones in
                                                            in me.                                        the market. Focus on the execution of your idea. Work
                                                                                                          smart and test as many things as you can with real
                                                            What is the start-up?                         customers.
                                                            Frank.co.th is an online insurance company. Our
                                                            goal is to make buying insurance faster, simpler and   Would you say this experience has changed you?
                                                            more customisable to customers’ needs. We’ve been   Managing 50-plus people changes you in many ways.
                                                            running for a little over a year now and recently   Not only have I learned about a completely new
                                                            we were awarded the most innovative start-up   industry, I’ve also learned about the responsibility
                                                            award from Bangkok Insurance for all of our eff orts   I have to my staff  and stakeholders. It’s like I’ve
                                                            in digitising insurance, and received wide press   become the big brother all over again. I guess this is
                                                            coverage, including TV interviews.            my destiny after all and, come to think of it, I’m really
                                                                                                          happy about that.
                                                            Any regrets and challenges?
                                                            Plenty of challenges, no regrets. Obstacles aren’t
                                                            supposed to stop you from moving forward, they



                                                          SAHIL RATTANAPHAS

                    Sahil Rattanaphas says his dad is his greatest fan, and
                    has been fi nancially supportive throughout, despite his
                 sometimes dodgy dreams. Today, he enjoys eating for free
                                             and is trying to lose some kilos.


              How close are you and dad?
              Very close. Although he is a man of few words, his actions speak louder than
              anything most people have to say. He is a good man and he gave my brother and I
              the foundation that we needed to become who we are today. My brother is older
              than I, so he takes on a lot of the responsibilities given to us. I honestly couldn’t
              have achieved what I did without his support, guidance and criticism. He‘s more
              than a brother.
                  Dad is my number one fan. I get calls from him on an hourly basis, asking about
              new clients, new ideas and, of course, when our next dinner outing will be. I’m so
              lucky to have him.

              What’s your dad’s business?
              Like most Indians coming to Thailand at the time, my family business (my mum
              plays a huge part in it, so I wouldn’t call it my dad’s business) is textile trading.

              Tell us a little about your background?
              I had a great upbringing with lots of love and respect from everyone in my
              family and extended family. We are extremely close to all of our bhuas, masis
              and mamus (uncle and aunties) as well as my cousins who are actually more
              like sisters. I can’t remember a time when I needed guidance and didn’t have
              multiple people giving me advice. My parents valued education above most
                                                   other things so I was lucky enough
                                                   to go to one of the best schools in
                                                   Asia. Oh, and there was also a lot of
                                                   food involved in my upbringing, a lot
                                                   of food. That might be the reason I
                                                   gravitate towards hospitality.

                                                   How long were you with dad’s
                                                   business before you felt like fl eeing
                                                   the nest?
                                                   I really enjoyed working alongside     “If you feel like you’re stuck and can’t
                                                   my brother, mum and dad. It was
                                                   challenging and rewarding at the       break out, talk to your mum and dad;
                                                   same time. In all honesty, my parents
                                                   always encouraged me to do other    they will support you. The last thing your
                                                   things while performing my duties for
                                                   the family business. I’ve had several   parents want is for you to be unhappy.”
                                                   start-ups succeed and fail through


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