Sukanto Tanoto Quotes

Sukanto Tanoto is an Indonesian businessman involved primarily in the lumber industry. As of 2013 he was considered to be one of Indonesia's wealthiest individuals with a net worth of US$ 2.3 billion. After starting as a supplier of equipment and materials for the state-owned oil firm Pertamina, Tanoto moved into the forest industry in 1973. Tanoto's business interests are represented by the Royal Golden Eagle group of companies . Wikipedia  

✵ 25. December 1949
Sukanto Tanoto: 13 quotes0 likes

Famous Sukanto Tanoto Quotes

“After you think, you act. After you act, you learn. Make decisions, but decisions will have risks of mistakes. But make sure you avoid disastrous mistakes and avoid making the same mistake twice.”

Sukanto Tanoto

Keynote speech, Wharton Global Modular Course, May 25, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Entrepreneur-Journey-2 <br class="br">2015

“The global pulp & paper industry is estimated to be worth $1 trillion while the palm oil business is worth $400 to $500 billion a year. The challenge is to build the business to a large scale.”

Sukanto Tanoto

Globe Asia Interview, Sep, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Resource-King-GlobeAsia <br class="br">2015

“You Americans bring your accountants and lawyers. We are like Nike -- we just do it.”

Sukanto Tanoto

On overseas Chinese doing business in China, versus Americans. Interview, Enter the Dragon: Building the Chinese Powerhouse, Jun 26, 1994. http://acc6.its.brooklyn.cuny.edu/~phalsall/texts/chinprss.html <br class="br">1994

“Doing the commodity business with China is like drinking coffee. We enjoyed three spoons of sugar per cup for a long time. Suddenly, when that’s cut to one and a half spoons, we feel bitter — because it used to be so sweet.”

Sukanto Tanoto

Interview, New York Times, Dec 1, 2015. http://www.nytimes.com/2015/12/22/business/international/indonesia-economy-interest-rates.html?_r=0 <br class="br">2015

“I learn by doing, but each time I don’t understand, I will ask… If I don’t understand, I don’t feel ashamed to ask questions.”

Sukanto Tanoto

Keynote speech, Wharton Global Modular Course, May 25, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Entrepreneur-Journey-1 <br class="br">2015

“I have always believed that conservation is not a liability to industries. Instead, if done properly, it can be an asset.”

Sukanto Tanoto

Interview, China Economic Herald, Nov 30, 2007. http://www.rgei.com/files/media_releases/ceh_301107.pdf <br class="br">2007

“It doesn't makes sense. Why should we import (plywood)? Why not produce ourselves?”

Sukanto Tanoto

On 1960s Indonesia exporting logs but importing plywood from neighbouring countries, keynote speech, Wharton Global Modular Course, May 25, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Entrepreneur-Journey-1 <br class="br">2015

Sukanto Tanoto Quotes about business

“Life is like this. When I started business 48 years ago as a contractor, I was only looking to survive, cari makan”

Sukanto Tanoto

looking for food <br class="br">Globe Asia Interview, Sep, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Resource-King-GlobeAsia <br class="br">2015

“Our business philosophy is the four C’s. We do business in a way that is Good for the Community, Good for the Country, Good for the Climate, and only then will it be Good for the Company.”

Sukanto Tanoto

Speech, World Economic Forum Davos 2016. http://www.inside-rge.com/Sukanto-Tanoto-Fourth-C-WEF-Davos <br class="br">2016

“You have to see where the market is going. I always believe there is no sunset business. It’s all in the mindset because if you give up, then you die.”

Sukanto Tanoto

On film and Eastman Kodak, Globe Asia Interview, Sep, 2015. http://www.inside-rge.com/Sukanto-Tanoto-Resource-King-GlobeAsia <br class="br">2015

“Philanthropy is part of our DNA - business-wise and family-wise.”

Sukanto Tanoto

CNBC https://www.youtube.com/watch?v=OCBNr3punKw <br class="br">2017

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