Mohamed Abbas, Co-founder of Onelyst

Abbas Ng with his venture Onelyst is empowering people to make informed financial decisions. He is inspired by his hard working father who is the best in his field.
What’s your story?
I was pursuing my degree at Nanyang Business School. I left without graduating and started Onelyst together with my team. I enjoy empowering people. At Onelyst, we have been financially empowering a section of society that risks being exploited by the existing system due to lack of access to information and choices.

What excites you most about your industry?
Finance is an inevitable part of life. Financial decisions can either help you or break you. Empowering people to make informed financial decisions at the most crucial time excites me.

What’s your connection to Asia?
I was born in Singapore. I have travelled to other parts of Asia. I love it.

Leisure Run Volunteer at Elderly Home
Favourite city in Asia for business and why?
Singapore. It is a simple place to do business. I love the ecosystem here.

What’s the best piece of advice you ever received?
Share your business and vision with as many people as possible. Listen to their feedback with an open mind.

Who inspires you?
My dad. He runs his stall selling roti-prata. Roti prata is a fried flour-based pancake cooked over a flat grill. He takes pride in what he does. He ensures he is the best in his field. He works really long hours. He inspires me in every sense.

What have you just learnt recently that blew you away?
According to Global Findex 2014, an estimated 2 billion people or 38% of adults in the world don’t have access to basic financial services. We have a lot more work to do.

If you had your time again, what would you do differently?
I would have learnt coding.

How do you unwind?
I spend time volunteering at an elderly home on Saturdays. I love jogging. I also spend time with my friends and family.

Favourite Asian destination for relaxation? Why?
I love Japan. I love the scenery and culture.

Everyone in business should read this book:
Never eat alone by Keith Ferrazzi. He explains how highly successful people use the power of relationships, so that everyone wins. He provides essential advice for anyone hoping to get ahead in business.

Shameless plug for your business:
Every single working adult on the planet will have access to transparent and affordable financing options within 60 seconds.

How can people connect with you?

This interview was part of the Callum Connect’s column found on The Asian Entrepreneur:
CallumConnectsCallum Laing invests and buys small businesses in a range of industries around Asia.  He has previously started, built and sold half a dozen businesses and is the founder & owner of Fitness-Buffet a company delivering employee wellness solutions in 12 countries.  He is a Director of, amongst others, Key Person of Influence.  A 40 week training program for business owners and executives.
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