The Bootstrapper’s Bible for Free

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The House Always Win: Analysis of the Sentosa IR Bid

In about a week’s time, the results will be announced for the bid on the Sentosa Integrated Resort (IR). For the past few weeks, the three bidders are on the public relations (PR) offensive to demonstrate that they are the right one to set up shop here. This article looks at the strengths and weaknesses in each bid and also do an autopsy with recent newspaper article to speculate who may be the eventual winners. Read more

Is Experience an important criterion for hire?

In an article entitled “An Overrated Value” (Today Online, 27 Nov 2006), John Bittleston argued that experience is not the most important criterion in hiring. However, we also present a different line of reasoning which can make experience an important criterion for hire and also present the cultural barriers in Singapore as a possible problem for hirers not to use such a metric for employing new staff. This is important for entrepreneurs who have to find the correct people to join them. Read more

News Stop: Exoro Team interviewed for Business Times

Sometime back, we interviewed the team of students from the Exoro team and they told us about their game product, Exoro in SG Entrepreneurs. Today, they were featured in the Business Times and we congratulate them on their achievements. For more details on the press release, read on. Read more

The Entrepreneur’s Bookshelf: “Think & Grow Rich” by Napoleon Hill

Recently, Matthijs van Leeuwen, a co-founder of SimuGen (the biotech company who I co-founded with) dropped me a visit. While catching up with me on business, he gave me the book “Think and Grow Rich” by Napoleon Hill as a birthday present, which was in turn, recommended by Daniel Sheehan (another co-founder and friend of mine in Cambridge). As I am not fond of books about telling me that they have the right formula for making a million bucks, this book was surprisingly good, and even my business mentor in Singapore, Justin Ong also highly recommended it. The book was published in 1937 and strangely the lessons mentioned in the book are still relevant for many people today. So, in this article, we review this timeless classic by Napoleon Hill. Read more

Entrepreneurship to the Extreme: Serial Entrepreneurs

You hear about serial killers, serial lovers and etc. Serial Entrepreneurs are another breed of entrepreneurs that take the whole activity to another level. It is a pretty elusive way of being an entrepreneur and only few people like doing that. In Singapore, there are some serial entrepreneurs (to date, I know at least two, one in the healthcare industry and the other surprisingly a bar owner and specializes in niche goods). So, what kind of features does these kind of entrepreneurs need to possess? Here is the article to tell it all. Read more

Tips on Being Creative – Military Style

Mention the word “military”, and a whole series of words that include “rules”, “strict”, “lack of freedom” accompany it. The word usually connotes something other than creative. So how can we bridge the seeming divide between the two words? Continue reading this post by our resident contributor, DT. Read more

Niche Markets for Singapore Entrepreneurs – a new frontier?

As usual, I was invited to listen to postgraduates presenting their business plans yesterday. This time round, a few interesting surprises came up and this provided me to discuss the lessons learned from being a judge to the presentations. One interesting presentation which I heard yesterday is about a product in a niche market. The judges have an interesting discussion about investing in such markets. So, what is a niche market? If you are an entrepreneur in Singapore (where your market is small), is it really worth going into a niche market? We will explore some of these questions in this blog entry. Read more

News Stop: Singapore GST to rise to 7%. Who will survive?

Prime Minister Lee Hsien Loong announced in parliament today that the government will increase the GST to 7%. This will definitely have a huge impact on SMEs and companies that absorb the GST. For those businesses that are not registered for GST taxes, it may be a good idea to consider voluntarily registering for GST now. Let’s discuss sensible moves that SMEs should take to minimize profit loss.
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Start-Up@Singapore Talk: Darius Cheung, “Entrepreneurship as a Career Choice”

After our executive summary workshop last Saturday, this week, we will be featuring a Start-Up@Singapore roadshow in the National Library Board, who is also a partner to SG Entrepreneurs. The speaker is none other than the winner last year, Darius Cheung and also a resident contributor to SG Entrepreneurs. The event will be held on 2-3 pm, 11 Nov 2006 in the Jurong East Regional Library. For more details, please refer to this post. Read more

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