If you grew up in the era of film photos, you would have heard of FotoHub, which was established in 1987.
In this episode of Mind Your Business, we will be speaking to its founder Vincent Tan, Founder, FotoHub and his daughter, Tan Shue Ying, Marketing Executive at FotoHub, a second gen business leader in this intergenerational business series.
We will take a look at the family's perseverance and adaptation in the face of digital cameras, smartphones, and unprecedented challenges in their traditional film photo business.
What were the hurdles faced when digital technology took center stage, the challenges of working alongside her father, and how they stayed at the forefront of the industry, catering to customers' evolving needs.
Presented by Lynlee Foo and Ryan Huang
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech
Highlights of the conversation:
(00.13) Introduction
(01.32) When and how did you pick up photography as a hobby?
(04.35) Are people still printing photos?
(04.53) Growing up in a digital era, did you envision your dad's business becoming obsolete?
(05.55) What made you decide to join your family business?
(06.11) What is your working relationship like with you dad and how do you complement each other?
(07.09) How have you contributed to the growth and success of the company?
(07.40) How can your business remain relevant?
(10.40) Do you see generative A.I. as a threat to your business?
(12.20) How does it feel to see your daughter carrying on your legacy?