May 16, 2012 by Terence LEE
When Daniel Charles, the founder and CEO of Global Racing Schools, first decided to get into the racing business, he wanted to open a race track in Singapore. But he realized it would cost about half a billion dollars.
“That may not be the best place to start,” he thought. He decided to scale down, and considered starting a go-cart track instead. But that proved too daunting as well.
Finally, he settled on becoming a dealer for motorsports products. Slogging his way through, Daniel, at 25 years old now, has built Global Racing Schools into a company that connects leisure and professional racers to driving experiences by over 200 suppliers in 20 countries.
“I remember an entrepreneur talking on television about the right way to get into an industry: ‘Don’t focus on getting the whole body in. Start with the toe’,” he says, “if you want to be a DJ, start by carrying amps around. If you want to be the next Zuckerberg, start by hanging around the right places and events.”
Today, the young entrepreneur has offices in Singapore, Australia, and the United States. The avid Formula One fan, looking every bit a professional racer himself with designer shades, watch, and a racing polo-tee, has handled between two to three thousand customers ever since the company was started in 2008. Read more