How to build a viable Business Model – 5th July 2012
July 2, 2012 by Stephanie SUTANTO
You have an idea for a startup that you have been itching to work on. But you are unsure on how and where to start. Knowing that only one of out ten new startups manage to launch successfully, how can you turn odds in your favor?
Fret not, the upcoming workshop to be held this Thursday will answer these questions and more!
Led by serial entrepreneur Tanguy Lesselin and co-organized by SGE, the workshop will start with Tanguy giving a keynote and tackling the perspective on what makes a good business model and advice for budding entrepreneurs. Thereafter, our invitee, Piyush Chaplot of Innosight Ventures, will offer his opinions and share his experiences as an investor and mentor on this topic.
Here are some key issues this workshop will address:
- How do you know your business model is going to work (or not)?
- How to think creatively about potential business models? How to choose one?
- How to strengthen your business model? What are the little things that make your business model move from crap to gold?
- What are a few examples of Asian companies that have failed or succeeded because of their business models?
- What are investors looking for when analyzing your business model?
- As a founder, how do you operationally manage a business model pivot?
When: Thursday, 5th July 2012
Time: 6:30PM -8:00PM
$45$0 – subsidized by Microsoft!
Where: Level 21, Auditorium, Microsoft Singapore, One Marina Boulevard, NTUC Centre – Singapore 018989
The session is subsidized by Microsoft. If you are interested, kindly register your interest. If you’re a startup that doesn’t fit the target as above, your registration may still be considered. As the number of participants is limited (we had over 80 attendees for the previous three sessions: “How to fire up your dream team,” “How the hell can we raise money” and “How to make a Rock Star product“), we will come back to you within 48h to confirm your attendance.
Back in 2003, Tanguy Lesselin had already co-founded, built, raised 6M Euros in venture financing, and sold the first company Tekora (web content management software) to a listed company. He then went on to start another one, CV Premium that became profitable from year two onwards and still enables executive job seekers to get help writing their resumes today. Tanguy’s third company, Sokoz, was the first live shopping platform back in 2008. It earned industry and media recognition, got 150K active members in just 6 months, and 350 high-end brands and pro-sellers operating on the platform. Tanguy raised 2M Euros from business angels and was nominated e-commerce manager of the year in 2010 by the leading e-commerce magazine in France. Today, Tanguy is working on a stealth startup in Singapore and also invests as a business angel.
Piyush currently works with Innosight Ventures as VP-Finance & Investments. His current role is to source, evaluate, structure, monitor, and manage early stage investments in Singapore. He serves on the Board of www.chope.com.sg and also acts as part time CFO for some of the other investee companies. Additionally, he manages the finance and compliance functions within the Innosight Ventures group. He has more than 10 years of experience in financial and risk management roles in India, Indonesia, Australia, UAE and Singapore. Piyush is a member of the Institute of Chartered Accountants of India, CPA Australia and CPA Singapore. He holds a Masters of Commerce degree from M.D.S. University in Ajmer, India. He is also a Certified Internal Auditor (CIA). He also maintains a personal website in which he shares about his own views on startups and funding and has also contributed several insightful articles to SGE.
Photo: Luis Argerich
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About The Author
Stephanie SUTANTO - Resident Contributing Writer
Stephanie is currently pursuing her undergraduate studies in the University of California, Los Angeles. She hopes to learn more about startups both in Los Angeles and in Southeast Asia, possibly starting one of her own in future. And yes, she prefers sashimi to chocolates and flowers any day. You can find her on LinkedIn and Twitter.Read other posts by Stephanie SUTANTO