Fund con­sul­tant from Tan­za­nia

China Daily (Latin America Weekly) - - Business - By ZHUANG QIANGE zhuangqiange@chi­nadaily

“I never re­gret my de­ci­sion to quit the med­i­cal pro­fes­sion be­cause I’m achiev­ing my suc­cess in a bet­ter way,” said Pa­trick Sa­muel, a 42-year-old Tan­za­nian en­tre­pre­neur in Bei­jing.

When Sa­muel fin­ished his med­i­cal ed­u­ca­tion in Pek­ing Uni­ver­sity in 2003, he landed a job as doc­tor with Pek­ing Uni­ver­sity Third Hos­pi­tal.

How­ever, around 2007, China’s rapid eco­nomic strides con­vinced him to branch out to the busi­ness of in­vest­ments.

He fig­ured he “did not have the lux­ury of time” to spend at least 20 years to at­tain pro­fes­sional ex­cel­lence as a doc­tor, in­clud­ing pur­suit of fur­ther stud­ies. He quit and in 2008, started Bei­jing New Hori­zon In­vest­ment Con­sult­ing Co, which pro­vides in­vest­ment pro­pos­als to pri­vate clients.

Al­though his fam­ily and friends thought he had gone crazy, Sa­muel re­mained fo­cused and earned his spurs the hard way, learn­ing about busi­ness and in­vest­ments by burn­ing the mid­night oil.

“To be a suc­cess­ful con­sul­tant, you need lots of tal­ent. You’ve to be a jack of all trades in the real sense,” Sa­muel said. “I read over 60 books per year and that is just not any book.”

His ser­vices in­clude profit fore­casts and in­vest­ment vi­a­bil­ity as­sess­ments. The Bei­jing-based com­pany serves more than 1,500 cus­tomers and earns around 5 mil­lion yuan ($747,000) per year.

Many Tan­za­nian com­pa­nies seek Sa­muel’s ser­vices to forge co­op­er­a­tion agree­ments with Chi­nese com­pa­nies. “China is a Land of Op­por­tu­nity and so is Tan­za­nia, es­pe­cially af­ter the launch of the Belt and Road Ini­tia­tive. It is a project that will ben­e­fit the world, es­pe­cially Africa.”

In March 2017, with the help of New Hori­zon, rep­re­sen­ta­tives of the Bu­rundi gov­ern­ment vis­ited Tell­how Sci-Tech Co, a listed high­tech com­pany in Nan­chang, and planned to es­tab­lish a diesel power plant near the cap­i­tal Bu­jum­bura.

“With most of my adult life spent in China, I have es­tab­lished a strong con­nec­tion with this coun­try,” said Sa­muel. “Im­merse your­self in the cul­ture of China, and you’ll soon find a way to achieve your goal here.”


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