Did you know that Singapore has approximately 130,000 SMEs? Resident contributor, whysgentrepreneurssuck looks at the significance of the small-medium enterprises in Singapore to her economy. Read more
Here are some recommended entrepreneur reads for the day:
Why Valley VCs Are Like the Mob by Business 2.0 beta, gives you another perspective about how VCs can be counter-productive to your startups. The real question is to ask, why do you need money to fund your startup?
How to present to investors by Paul Graham, summarizes pretty well the principles behind presenting your ideas to investors.
Here are some recommended entrepreneur reads for the day:
“Founders at Work” by Guy Kawasaki: the article discusses about the new book “Founders at Work” by Jessica Livingston. The quotes by some founders in the post tell you that passion is more important than money.
STARTUP DREAMS? When should they end? by John Nesheim: There are some harsh realities about being a founder. The article also explores when the entrepreneur should start thinking about their exit.
Yesterday, an article “Govt agencies need to change” (Gracia Chang, 10 Feb 2007, Today Online) talks about the fall in the startup rate last year. Actually, the report came from the press release of the Global Entrepreneurship Monitor (GEM) 2007. The actual report and data will be out in two weeks time. Hence, we write a short preliminary commentary to what has been announced last Friday in NUS by the GEM team, from NUS Entrepreneurship Centre. Read more
Recently, we have been receiving a lot of applications for the funding commissioned by MDA. There are good and bad ideas. Of course, some of them will be getting “No, I am sorry to inform you that….” from us. it should not mean to you that it is the end of the road if we don’t fund you. If you believe in your idea so much, you should continue the search for funding. Even better, try to do a startup without funding, like some of our resident contributors, Cobalt Paladin, Design Sojourn, Weichang, Der Shing and myself have done. Through a few correspondences and meeting some self-proclaimed and crappy “entrepreneurs”, I have set up a list of reasons why they don’t make the mark. I have also placed some notes in this post to tell people what kind of entries will end up in our rubbish bin. Here are three reasons why we are ready to reject them. (updated 5 Feb 2007) Read more

While working on a business, an entrepreneur may have to create partnerships with other people or companies for different purposes. Our resident contributor, Der Shing, one of our resident contributors and a local entrepreneur, presents a basic guide to provide some advice on how to pick, manage and leverage partnerships. Read more
Intrapreneurship refers to the creation of an innovative enterprise within an organization. Is it really possible in Asia, given the cultural factors such as hierarchy and adhering to the viewpoint of the collective community? Our resident contributor, Brian Ling aka Design Translator examines what the Asian viewpoint of intrapreneurship and offers some tips on how to become one in our fast paced changing Asian economy. Read more
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
We hear the success stories of YouTube and HardwareZone recently in the mainstream media. It also raises the debate on whether Singaporeans are capable of creating our own YouTube. Our resident contributor, Der Shing will examine three key pertinent features that are required for building a successful, innovative and sustainable company like YouTube. Read more
Once you have stablized the first phase of your startup, you will need to look for a proper office. Our resident contributor, Der Shing draws his experience about moving the company office from place to place and shares his thoughts about the value of matching office environment to company growth. Read more