This isn’t just yet another story of a young entrepreneur, it is also a sign of how seriously education is taken here in Singapore, and for investors, how this industry can be a potentially interesting one with deals and investment opportunities plentiful.
Evan Heng gave up a chance to study in London, so that he could concentrate on growing his tuition centre business, Zenith Education Studio. “If I did go to the UK, I will live with the regret of not knowing how this business opportunity would have panned out,” recalls Heng of the decision he made four years ago, in an interview with The Edge Singapore.
From a one-man show, Heng has expanded his company into a 100-strong force currently and is slated to open five more centres later this year, bringing his total to nine. Revenue is set to way surpass the $6.7 million generated last year.
