Nanyang Technological University student Goh Chye Seng has already experienced the thrill of selling a profitable business and he is just 24.
Mr Goh, who set his sights on becoming a millionaire as far back as primary school, set up Amery Tuition Centre with his friend Gordon Li, right after serving national service.
They built up the client base and sold the company for a low five-figure sum around a year later after Mr Li left to study in Britain.
Sounds easy and in a sense it was - at least at first.
Mr Goh was reading an online story about parents being up in arms over how difficult the Primary School Leaving Examination maths questions were.
"I thought that would be a good opportunity to do a workshop for Primary 6 pupils," says Mr Goh, now in his second year studying accountancy, with a minor in entrepreneurship.
"We went to MRT stations to distribute fliers and got my partner's former tutor, who was a primary school teacher, to run the workshop. I was the salesman."
They offered an early bird special of $88 for one full-day session and signed up 100 pupils, with classes held at the four-room flat where Mr Goh and his family live.
Their success spurred the duo to open a tuition centre on the second floor of an HDB shophouse in Hougang.
They started with $5,000 - Mr Goh's share came from his tuition jobs - to rent and renovate the space, hire tutors and print brochures.