Indonesian Political, Business & Finance News

Once Incurred Losses and Debts, Sandiaga Uno Shares Keys to Financial Recovery

| | Source: INVESTOR.ID Translated from Indonesian | Finance
Once Incurred Losses and Debts, Sandiaga Uno Shares Keys to Financial Recovery
Image: INVESTOR.ID

JAKARTA – A financial journey does not always run smoothly, even for a businessman of Sandiaga Salahuddin Uno’s calibre. He revealed that he once suffered major losses and became entangled in debt at a young age, before eventually rising and building a successful business.

He shared this experience during the talkshow ‘Important Lessons on Money Not Taught in One’s 20s’, organised by Unscripted by Theresa Learns together with vOffice in Jakarta.

Sandiaga recounted that at the start of his career, he took high-risk investment decisions in the stock market. Instead of gaining profits, those steps resulted in major losses, even forcing him to bear debts, including to his family.

“That experience became a valuable lesson that financial decisions must be accompanied by careful calculations,” he stated.

However, that situation did not make him despondent. Instead, he turned it into a turning point to rise again. By utilising his knowledge in the field of finance, Sandiaga began building businesses and gradually restored his financial condition.

Within about three years, he succeeded in escaping the pressure and continued to develop through an investment business that later became the foundation of his success.

Sandiaga stressed the importance of discipline in managing finances, particularly in maintaining a balance between income and lifestyle. According to him, increases in income are often followed by uncontrolled rises in lifestyle.

Diversification of Investments

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