S2E7: On going from zero to property hero - Ohmyhome
Race and Rhonda Wong: sisters who defy expectations. One mastered treasury bonds in Chicago, and the other wowed as a Cantonese pop star in Hong Kong. Now in Singapore, they've created Ohmyhome, simplifying property transactions. 5,000+ homes, S$1.6 billion value—truly a powerhouse duo.
About this episode
Race Wong and Rhonda Wong are brilliant, daring sisters and duo behind Ohmyhome, Singapore's one-stop property transaction platform. You would not have believed it but before starting a business together, they led completely different lives: one doing treasury bond options in Chicago, while the other as a Cantonese pop star in Hong Kong.
Eventually, they found each other back in Singapore, building a platform that makes renting, buying, and selling property a breeze. Today, Ohmyhome has transacted more than 5,000 homes that represent a combined value of S$1.6 billion.
What you'll learn
- How to respect each other’s strengths and weaknesses in order to co-manage a business together
- How our views towards money is an important topic for any business partnership (or even marriage)
- Why you must put the company’s goals above your own personal agenda
- How decisions are made by appointing a final decision maker and having true, honest discussions
- The top qualities of a co-founder are reliability, capability, ambition, and shared values
- Create business focus by asking yourself, “what reason will a customer have to not use my product?” and then go work on that
- How to build a minimum viable product by responding to customer’s needs
Episode resources
- How Google Works by Eric Schmidt (Book)
- 313 million-year-old fossil footprints at Grand Canyon are the oldest of their kind found at park - CNN (Article)
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