How does embracing diversification in business and personal life lead to unexpected success and resilience? In this episode, Yonah engages with the multifaceted Linda Lim, whose journey from finance to real estate and beyond illustrates the power of diversification. Lim shares her experiences, from Wall Street trading to developing resorts in Bali and embarking on ventures in logistics and food packaging. Their discussion delves into the significance of risk mitigation, the intricacies of international business, and the impact of personal growth on professional success. Lim exemplifies how diversification isn't just a financial strategy but a life philosophy, driving innovation, stability, and personal fulfillment.
[00:01 – 06:13] From Finance to Real Estate
- Lim's transition from finance to real estate
- The role of education and early career experiences
- The move from banking to building and developing real estate
[06:14 – 12:02] Building a Global Portfolio
- Developing resorts in Bali and diversifying into logistics
- The importance of asset class and geographical diversification
- How the COVID-19 pandemic highlighted the need for adaptable business strategies
[12:03 – 18:01] Navigating International Waters
- Expanding into new markets like Mexico and New Mexico
- The blend of real estate development and logistics for business growth
- Insights into the attainable housing market and its stability
[18:01 – 25:24] Bridging Cultures Through Food
- Lim's journey into the food industry with a focus on Indonesian cuisine
- The challenges and triumphs of introducing new food products to the market
- The role of cultural appreciation and personal passion in business
[25:25 – 33:53] Personal Insights and Professional Wisdom
- Lim's reflections on life, business, and personal growth
- The conversation on the essential nature of compassion and continuous learning
- Closing thoughts on defining success and the path forward
Connect with Linda:
Website: essentialelementcapital.com
LinkedIn: https://www.linkedin.com/in/lindalim88/
Instagram: https://www.instagram.com/essentialelementcapital/
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Tweetable Quotes:
"In risk mitigation, diversification is the way to go. No one can predict the market." – Linda Lim
"If I'm able to create constant positive transformation in my life, that's to me is already a success." – Linda Lim
