The Family Business Podcast
About This Show
The Family Business Podcast is dedicated to the stories of family-owned companies and entrepreneurs around the world. This podcast is brought to you by Tharawat Magazine, a global publication that inspires family businesses and multi-generational entrepreneurs as they start, grow, and sustain their companies.
Most Recent Episode
The Eastern Adventures Of An Entrepreneurial Family
1 day ago
From the coastal town of Aabenraa in what is now Denmark, two young men, Heinrich Jessen and Jacob Jebsen, whose fathers and grandfathers were sea captains, set out on a trading expedition to the Far East in the late 1800’s. The two men who were also cousins proved very adept at bridging the cultures and establishing profitable trading partnerships, and in 1895, they went into business together. In 1909, they created Jebsen & Jessen Hamburg in Germany to facilitate trade between China and their European clients.
The times that followed were marked by turmoil and adventure: With the outbreak of WWI, being a company of German origin proved to be a severe disadvantage when trying to do business in British controlled Hong Kong. Jebsen ships were confiscated, bank accounts were blocked and the family business was nearly wiped off the map. But the experience of rebuilding the business after every setback proved beneficial for its long-term survival. By virtue of its unabated entrepreneurial spirit, the family is about to enter its fourth generation.
Today, there are two separate branches of the family enterprise, one that operates out of Singapore and the other out of Hong Kong. Together, the business has commercial interests in manufacturing, engineering, mining and distribution activities. Serving customers globally the group employs more than 7,000 people.
Tharawat Magazine had the opportunity to speak with 3rd generation member Heinrich Jessen, CEO of the Jebsen & Jessen Southeast Asia Group to discuss his family’s adventurous history and the key to longevity.
Episodes of This Show
Nov 29, 2017
Nov 27, 2017