Made in Singapore Entrepreneurs – Innovation Magazine
December 20, 2005 by WeiChang
Recently I read this article from ‘Innovation Magazine’ and couldn’t agree more with Guy Kawasaki in his inteview. Well, it’s a great read and a nice summary about the problems facing Singapore in our road to cultivating entrepreneurs.
Click on title for excerpt and link to URL.
Excerpt:
‘I: What do you see as the biggest difference between the United States and Singapore in terms of inculcating entrepreneurship? What do you think the local environment lacks?
Kawasaki: Singapore has based its educational system on the expectation that its graduates will work for the government or multinational corporations (MNCs), neither of which prepares one for entrepreneurship. In America, if you work for a large company for a long time, people ask why. In Singapore, if people leave a large company, people ask why. This is a huge difference.
In addition, the Singapore leadership has been visionary and strong and as a result have developed the strategies and tactics for the growth of the country from the top down. As a result, the educational system has encouraged the society to learn and pick up knowledge and facts but not necessarily to be creative, which is a key factor in entrepreneurship.’
URL: Made in Singapore Entrepreneurs
About The Author
WeiChang - Co-Founder
A seasoned entrepreneur despite his youth. Armed with the experience of tossing snowballs in Europe during his Polytechnic exchange programme at ESIEE (Paris), Lai founded his first company (PINKCUBE) at the turn of the millennium in his mind when he was in his late teens. However, he only formalized it 2 months after he was diagnosed with cancer in 2004. The illness was so serious then that no one even dared to ask for a prognosis. Knowing that he had nothing to lose, Lai tried and failed many times in his entrepreneurship endeavors during his chemotherapy and radiotherapy sessions. But he never gave up, and with the help of his partners during his NUS undergrad days, he founded the largest tuition agency in Singapore - ManyTutors.com. His interest for business does not stop here though, and Lai is currently managing numerous businesses including the Otaku House retail outlets and Internet projects to build the next Google.
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