“To have a million-dollar food and beverage (F&B) enterprise”, Mr. Benny Se Teo shared right from the get-go, “one needs to start with a billion dollars”. Speaking at “In Search of Purpose” – a session organised by the Central Singapore Community Development Council – his point was clear. The F&B industry is hard, and as a social entrepreneur the founder and CEO of restaurant chain Eighteen Chefs has to possess the business nous. Hearing his experiences in person for the first time, I was most struck by Mr. Teo’s pragmatism. Continue reading →