Information about the EntrepreneurKumar Manokharan born in Penang in 1983, decided to venture into the electrical business in 2014. Started as a Founder and now as a Managing Director of the company, Vyramid Electrical & Engineering has grown rapidly in Penang and later expanded to other states in Malaysia. Kumar graduated in Master of Business Administration (MBA) and Bachelor of Business Administration.
Kumar faced several challenges at the beginning of the business, the most significant being insufficient funds. Other challenges include business rivalry and securing project awards tenders. To overcome the competition, the company conducted intensive analytic studies of the market conditions and consumer demand. The company also reengineered its value/pricing structure with quality service.
Other Interesting Facts about the EntrepreneurKumar’s entrepreneurial strengths include his business acumen, tenacity, self-discipline and total immersion to undertake all the financial risks. He also believes that consistent commitment and self-determination are key elements for success. In his free time, Kumar loves to play football and jog or workout at the gym.
Success is not in what you have, but who you are.
Company Achievements and
Kumar believes that starting a successful business is not all
smooth sailing. Personally, his business had to overcome a
challenging period in 2014 to reach its current position as a major
player in the Mechanical and Engineering (M&E) engineering field.
Vyramid Electrical & Engineering Sdn. Bhd. is now a leading private
owned Mechanical & Electrical contractor in Penang with a turnover
of over MYR 70 million. The number of full time employees have
grown from just five to 20 and the company now has its own new
3-storey building. Moving into the future, Vyramid plans to be listed
in the coming year and expand its business to the Middle East and
Role of the Entrepreneur
Vision, Mission & Future PlansKumar’s mission is to provide excellent service to clients or customers by managing and exceeding customer expectations with strict quality and safety control and to be the expert in the electrical industry and a leader in electrical installation with high safety features. Vyramid is committed to every project with adherence to standard operating procedures (SOPs). It is also committed to innovation to gain a larger share of the market. Kumar also believes that a flexible and smart working environment will increase productivity.
Kumar’s advice to aspiring entrepreneurs is to invest in themselves by improving their skills, knowledge and experience as without self-investment one won’t be able to build a business, let alone sustain one.