Many people want to start a business but they don’t really know how to start? And that doesn’t mean they can’t be entrepreneurs.

Some just don’t know where to start that’s all provided they have the funds. But they need further information or further research and from this blog I can see they(admin,BL,wannapreneur,John etc etc) are trying their best to provide information and also encouragement to encourage their fellow singaporean.

I can say Singapore still have chance to developed or innovate a new product. But depend on what area they are trying to focus on? For example maybe they can’t compete in IT market. But still that doesn’t mean there is no other ways to improve or compete globally..

Nowadays not only about technology, But I can say Singapore still can make a mark if they focus on the food industry bringing the flavour of Singapore out to many different countries.

And their local food products can establish a name..For example, Like DODO fish balls are actually becoming popular..We know it’s Made in Singapore.

And don’t underestimate this little pack of fishball. If it become Asian favourite it can become a hit as well..When people living in Overseas longed to taste their homely flavour which I called it the ping pong ball fish balls…

The fishballs are good sellers at supermarket and people need food as basic necessities..But of course I do not just mean fishball alone..There could be other things as well to look at..

And I think whether foreigners or not, At least every individual had the rights to speak up..Give others a chance..An outsider sometimes can look further beyond the facade that one is looking at.. ;)

Just to let you know, John has kindly written this article for SG Entrepreneurs out of good will. Actually the best part is that we have never met in real life.

In response to your opinion, here are my thoughts:
1. Singaporeans have the tendency of being molly-coddled into following what the government proposes. Creative is not the only company that has reached good heights. Have you heard of Cygenics (biotech company) and Hyflux (water company)? There are two parts to teaching people to start an enterprise: 1. the financial education and how to present the idea in the form of a business plan and 2. your own personal instinct to do it.

2. People don’t talk about it here and we practice it as well. Maybe you should take a look at the links page. There are quite a lot of entrepreneurs and investors blogging about their experience. To most of us, it is social service to help the community. At least I have been writing from my experience of starting 2 biotech companies (1 failed and 1 succeeded – proof of concept worked and now going into a series B funding in the UK). Yes, I work as an academic and an entrepreneur. Why I am back here is because I am here to serve my bond. But it does not stop me from starting things up.

There is a chinese saying to this, “Men who cannot do it themselves should not stop others from doing it.” John and I are blessed with Singaporean students who learn the trade and want to do it to change the world.

My goal is to stimulate local entrepreneurs, such as in Singapore, to think differently about converting an idea to a world-class business that goes IPO on NASDAQ within five years, regardless of where they decide to locate the company. The Singapore government does not pay me.

Claris Tan is right on the mark (see above): we must encourage and support the wannabes, so the chicks take a chance and try to fly. It is a lot easier to do when the locals (culture, parents and peeers and government) are cheering for you (e.g. in Silicon Valley and China, and now Singapore) instead of making your life difficult .

So I challenge you to make your contribution by example. What can you do to add to the support for wannabe entrepreneurs in Singapore? Perhaps the best way is to form a core team to do a world-class new enterprise, as others from Singapore have done from the Bay area (e.g. Peng Ong). Or find a startup to join and start learning on the job. We what to see you put your good mind and talent to work, showing how you DO it. We’d love to be invited to your IPO party!

our education system used to “groom” us with mindset of working for MNC and company. But now, Singapore needs entrepreneurs in order to bring the country to next level. With MNC seeking for business advantage and lower cost in other countries, the advantage Singapore has today is stability and “efficiency in term of getting things done”. However, it will be matter of time, before this advantages is catching up by other countries. Therefore, Singapore needs a way to create awareness of entrepreneurship and encourage setting up of local companies to bring job to local ppl. What’s better way is to formally “educate” and “support” entrepreneurship. Whether this work or not remain to be see. As it is said to have “any plan, whether if it is effective or not, than to have no plan at all”, the same thing happen to entrepreneurship. No one can really tell whether it will succeed or not for entrepreneur. At least, the best they can do is to try.

Rather than let nature takes it course in term of entrepreneurship flourishing in Singapore (which may take a long time), the gov want to accelerate the process by creating awareness and educating. It may work for some. Some may find it foolish, however if it manage to “awake” even some minority to give a try, it already succeed in its programmes.

Whether John Nesheim is paid to say good thing or whether John make his impression of Singapore through working with his group of “committed and passionate Singaporean” or not is not the real issue.
The thing is that Singapore has to do whatever to create and encourage entrepreneurship, and the method it do so does not really matter. The end result is what really matter.