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The Billionaire Tour 2017: Creating 100,000 jobs

Released at: 14:38, 27/06/2017

The Billionaire Tour 2017: Creating 100,000 jobs

Photo: Hong Nhung

Program supports local SMEs in increasing knowledge and experience in optimizing business efficiency.

by Khanh Chi

Business Coaching Asia (BCA), the master franchisee of the AsiaCOACH Corporation, which has been helping small and medium-sized enterprises (SMEs) in Vietnam have opportunities to update their knowledge and strengthen their administrative and business management skills, held “The Billionaire Tour 2017” in Ho Chi Minh City a few days ago.

BCA has also been supporting local SMEs to improve core values, build and develop a sustainable corporate culture, and bolster their internal strengths and competitiveness in the context of global economic integration. Participants at the event were business owners, executives, and company and business organization leaders in Vietnam.

Business owners, executives, and leaders had access to and explored Brad Sugars’ famous five-step formula, acquired knowledge and experience in the field of enterprise purchasing - operating - selling to maximize business efficiency, understood making money from real estate, and were inspired and motivated to establish core values, cultural foundations, and sustainable business development.

According to a report from the General Statistics Office, the number of bankrupted businesses shutting down in the first five months of 2017 accounted for nearly 60 per cent of newly-established enterprises and those resuming operations after having been suspended. In the first two months, the number of bankrupt businesses increased nearly 15 per cent year-on-year and the number of businesses suspending operations neared 16,400.

Such figures point to alarming economic realities, suggesting that SMEs in Vietnam are facing many difficulties and challenges in global competition and economic integration.

The event featured Brad Sugars as speaker, who is the founder and CEO of ActionCOACH globally, an Australian billionaire, and a leading world entrepreneur who took ActionCOACH from a local business to a global franchise.

Since ActionCOACH was franchised in 1997, Brad Sugars has developed the concept of “business coaching”, engaging more than 1,000 franchise partners in 70 countries and territories worldwide.

Every week, over 1,000 business coachers from ActionCOACH work with more than 15,000 businesses worldwide, providing them with practical, application-intensive strategies that deliver rapid results and strongly and sustainably enhance business operations.

ActionCOACH was ranked 35th among the Top 100 Franchise Brands in 2016 by Franchise Direct and is among the world’s leading 50 franchise brands honored by Entrepreneur magazine.

During The Billionaire Tour, ActionCOACH celebrated its second anniversary in Vietnam. It has successfully implemented a number of programs and training products in accordance with its global standards and expanded its franchise network to neighboring countries in Southeast Asia and East Asia.

In its next five-year vision, ActionCOACH Vietnam is expected to support 10,000 business owners to build their systems, increase revenue, enhance profits, and create 100,000 jobs for Vietnamese workers.

BCA Corp. is the master licensee of ActionCOACH in ten countries in Southeast Asia (Vietnam, Laos, Cambodia, Thailand, Singapore, Myanmar, the Philippines, Malaysia, East Timor, and Brunei) and six countries in East Asia (Japan, South Korea, Taiwan, Hong Kong, Bangladesh, and Papua New Guinea).

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