10 things you need to know about running a startup

This article was republished with permission from blankanvas, the personal blog of Pat Law. Pat is the founder of GOODSTUPH, a social media agency in Singapore.

GOODSTUPH has passed its two-year mark without needing Government’s funding* nor a bank loan. It has kept steadily in the black from Day One.

Along the way, we gave birth to two other babies; GOOD Stories – a creative platform that brings the best stories forward and has often seen a 100% attendance rate event after event, and Another Good Thing, a social laboratory that produces creative solutions that make life better (an example is SocialKit).

I think it’s safe to say, by some 30 brands we manage and market, that we’re not your typical douchebag of a social media agency.

I’d be the first to admit that whilst I was comfortable churning strategic plans and campaign ideas, running an agency was an unfamiliar domain I had yet to visit then. I’ve witnessed some of the greatest creative minds fall when they went independent. So yes, the fear was inevitable.

There were certain values and processes I integrated into running GOODSTUPH, which I thought, might be useful for the budding entrepreneur reading this. Enjoy the following at your own peril. Here are the 10 things you need to know about running a start-up: Read more

Creative and Hacker Mixer – 15 Dec

What will happen when creatives mix it up with hackers? This Thursday, Relay Room and SmartSpace will collaborate with each others to present the Creative and Hacker Mixer. 50 Hackers, Entrepreneurs and Creatives from six different industries: Design, Photography, Film, Architecture, Animation and Illustration will be present. If you would like to share a creative idea in five minutes, you can email sarah@relayroom.com.

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Event Details

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When: Thursday, 15th December 2011
Time: 7pm-10pm
Where: Smartspace, 261 Waterloo Street, #02-24 Waterloo Centre, Singapore 180261 (Map)
Fee: $5 to cover the party food and wine
RSVP by sending an email with your name and email to mixer@relayroom.com

 

Creative Entrepreneurs Can Pitch It! For SGD 10K Funding

Pitch It! is the one of the open platform segments that going to be featured in Generating Idea Symposium, as part of the Asia On The Edge (AOTE) 2011 – a festival from 24-26 June that was first launched in 2008. AOTE was started by Asian Culture Enterprise (Singapore) (ACES) with the aim of creating a platform to highlight the latest trends, issues and artists in Asia, and as a gathering of like-minded individuals from the creative industries and the arts and cultural sectors in Asia. Targeted at creative entrepreneurs in the performing arts, design, film and new media, visual arts, and literacy arts, Pitch It! is an opportunity to get their ideas funded. Read more