Open For Business

Open For Business

By BFM MediaBusiness
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Open For Business episodes

  • The ROI of the Skyline: 14 Years of The Marini’s Group

    The Kuala Lumpur F&B industry can be brutal. Most trendy dining spots survive for two or three years before becoming obsolete. Yet, 14 years on, The Marini’s Group remains one of the city's most formidable, independently owned hospitality empires.

    Founded by Modesto Marini and Elizabeth Hew-Marini, the group operates some of the most lucrative and iconic venues in the capital, including Marini’s on 57, the Michelin-selected steakhouse Marble 8, the Spanish-Nikkei concept Mesa on 51, and the high-energy nightclub, Müro. But beyond the glamour of celebrity guests and panoramic skyline views lies a highly disciplined business operation.

    Elizabeth joins us to discuss the financial mechanics of ultra-premium hospitality, the unit economics of securing rooftop real estate, and why they have refused to hand their empire over to private equity.

    See omnystudio.com/listener for privacy information.

    40 min
  • I Dreamt of Washing Shoes (And It Made Me 5 Figures)

    Gurcharanvir Singh built his company because he had a dream about washing shoes.

    Three years later, Guchi Cuci is a highly profitable, 5-figure home-based shoe cleaning service that has doubled its revenue every single year since inception. Operating entirely without commercial rent, Gurcharanvir leverages on organic TikTok virality to acquire customers, specifically targeting the "lazy or busy" demographic. Even more impressively, he manages this growing operation alongside a full-time career as an architect, a part-time job at a gym, and training for KL Fashion Week.

    Gurcharanvir joins us to dissect the exact metrics behind his micro-business. We also look at the unit economics of pricing a service at the cost of a meal, the challenge of calculating Customer Acquisition Cost (CAC) through social media algorithms, and the capital expenditure required to transition from cleaning sneakers to detailing cars.

    See omnystudio.com/listener for privacy information.

    25 min
  • The PropTech Rebellion: How MyRumahBaru is Changing Real Estate

    For years, the Malaysian property market has been dominated by a legacy "discovery-only" portal model. Real estate agents are forced to pay RM3,000 to RM8,000 in upfront annual subscriptions just to list properties, with zero performance guarantees. The result? Agents receive high volumes of raw traffic, but only 2% to 3% actually convert into real appointments.

    Enter MyRumahBaru (MRB). Co-founded by Melvin Soh, Ching Yaw Hao, and Anthony Chin, MRB is an AI-powered property platform designed to destroy the traditional subscription model. Instead of charging for listings, MRB provides unlimited free listings and utilises an AI chatbot to converse with, pre-qualify, and financially vet buyers (including Debt Service Ratio calculations). Agents and developers are only charged a flat RM200 fee when a verified buyer actually shows up for an appointment. This model has successfully driven buyer show-up rates to over 90%.

    Melvin joins us to dissect the hard metrics behind MRB's growth, the unit economics of a pay-per-performance marketplace, and why incumbent portals are structurally trapped from copying their technology.

    See omnystudio.com/listener for privacy information.

    29 min
  • The FMCG Playbook: How Fukuro Scaled to RM14M Without VC Funding

    Fukuro Malaysia was founded in 2019 to fill the "missing middle" in the kitchenware market. Co-founders Daryl Lai and Kevin Lau recognised that local brands were trapped in a race to the bottom on price and quality, while international brands dominated the expensive, premium tier. Applying an FMCG approach to kitchen essentials, they bootstrapped Fukuro into a highly profitable brand generating RM14 million in annual revenue, with a presence in over 1,300 offline retail stores across Malaysia.

    Daryl joins us in the studio to dissect the hard metrics behind Fukuro’s growth. We also discuss treating physical shelf space as a customer acquisition channel, the strategy for protecting unit margins against multinational competitors, and the roadmap to hitting RM50 million in annual revenue organically.

    See omnystudio.com/listener for privacy information.

    28 min
  • Preserving Amachi's Legacy One Appam At A Time

    Amachi’s Palagaram is a brand dedicated entirely to preserving traditional Indian sweets and savories. What began as a heartfelt weekend project operating out of a family home in Subang Jaya—offering customers a warm, "1 Malaysia" open-house vibe—has now blossomed into a fully commercialised F&B operation.

    Aaron Jay Dason and Narmatha Shanmugam join us to share the deeply personal journey of keeping their grandmother's legacy alive. We explore the emotional weight of commercialising cultural comfort food, the financial mechanics of moving from a rent-free family kitchen to a commercial retail space, and the delicate balance of building a fast-growing, 7-figure heritage brand as a husband-and-wife team.

    See omnystudio.com/listener for privacy information.

    31 min
  • Polar Cold: The Agritech Startup Rebuilding Urban Refrigeration

    In Southeast Asia, nearly 40% of food is wasted before it ever reaches the consumer. Much of this spoilage happens in the "last mile"—the chaotic journey between massive edge-of-city cold warehouses and the neighborhood restaurants, wet markets, and food courts that actually serve the community. For these SMEs, traditional cold rooms are a financial nightmare, often demanding over RM50,000 in upfront capital for equipment that frequently breaks down.

    Founded in 2024, Polar Cold is replacing this broken system with a decentralised network of hyperlocal, energy-efficient cold rooms. Co-founders Jonathan Harvey and Joe Khoo have built a rental model that provides SMEs with industrial-grade, IoT-monitored cold storage for a fixed monthly fee.

    Joe join us to unpack the operational reality of Hardware-as-a-Service, the hidden costs of tropical refrigeration, and their upcoming expansion into Malaysia.

    See omnystudio.com/listener for privacy information.

    32 min
  • Life After VC: How BloomThis Scaled to 8 Figures Solo

    In 2023, after years of utilising seed and VC funding to scale their operations, BloomThis co-founders Penny Choo and Giden Lim executed a rare strategic move: they bought their company back. Today, the fully independent, vertically integrated floral and gifting e-commerce platform is generating 8-figure annual revenues with healthy 7-figure profit margins across Malaysia and Singapore.

    Penny joins us to dissect the hard metrics behind their success. We scrutinise the unit economics of a perishable supply chain, how to protect brand equity against the cheap discounting of TikTok social commerce, and the strategy behind driving customer retention in an industry reliant on episodic, once-a-year purchases.

    See omnystudio.com/listener for privacy information.

    23 min
  • Menopause Asia: No, It’s Not Just Burnout

    Perimenopause is rarely discussed in boardrooms, yet it causes 1 in 4 women to consider leaving the workforce — often at the absolute peak of their careers and earning potential.

    Joanne Ho knows this firsthand. After successfully building Malaysia’s first retail cupcake chain - Cupcake Chic, and scaling an online flower delivery business - Happy Bunch, Joanne found herself stepping away from her work. She assumed she was dealing with severe executive burnout. In reality, she was experiencing perimenopause.

    Realising that millions of women lack the language, awareness, and access to personalised hormonal care, she launched Menopause Asia in October 2025. The bootstrapped digital health platform connects midlife women directly with licensed doctors for hormone therapy, metabolic health programmes, and lifestyle support.

    Joanne shares the emotional and strategic journey of building a health-tech startup, plus the steep learning curve of entering a regulated medical space, and why supporting women through midlife is not just a healthcare issue, but a critical corporate retention strategy.

    See omnystudio.com/listener for privacy information.

    25 min
  • Inside the Revival of Mum’s Place

    For decades, Mum’s Place was an institutional dining destination in Petaling Jaya, famous for its comforting, Peranakan-influenced Malaysian dishes. When the original founders, Christopher De Mello and Jennifer Tee, retired and closed the restaurant in December 2021, it left a massive hole in the local culinary scene.

    But in January 2026, niece and nephew duo Nureen and Zareef Thajudeen, stepped up to resurrect the beloved brand. But instead of trying to replicate the massive scale of the original restaurant — which spanned 5 shop lots and employed 16 cooks — the new generation has completely scaled down, operating at a quarter of the original capacity and shrinking the menu from 120 dishes down to just 30.

    Zareef and Nureen join us in the studio to discuss the immense pressure of cooking for a deeply nostalgic customer base. We also dissect the decision to shrink operations to maintain quality, the unit economics of a bootstrapped family revival, and the operational paradox of trying to scale "home-cooked meals" through a future central kitchen.

    See omnystudio.com/listener for privacy information.

    35 min
  • The Messy Middle: Bootstrapping Cuura to 7 Figures

    The local Malaysian beauty industry is dominated by aggressive marketing, promising consumers "flawless skin in 3 days" and chasing the latest viral TikTok trends.

    But when Sarah Shah Nor suffered from severe postpartum eczema, she realized those harsh, trend-chasing products were exactly what sensitive skin couldn't handle.

    Leaving behind her background in the fashion industry, Sarah founded Cuura—a beauty and wellness brand built on gentle, effective, and innovative skincare designed specifically for busy working mothers. Today, Cuura has scaled into a 7-figure, highly profitable, and 100% bootstrapped business that includes both physical retail stores and the Cuura Skin Spa.

    Sarah talks to us about the operational reality of building a beauty brand from scratch, the financial discipline required to bootstrap a physical retail and spa business, and the deeply emotional, often lonely "messy middle" of trying to scale an empire while navigating motherhood.

    See omnystudio.com/listener for privacy information.

    27 min

About Open For Business

From the publisher's feed

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include…

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