Adi Kusma shares founding story of Biznet and urges startups to be
their own chefs
Quote from Adi Kusma, founder of Biznet Networks:
The value proposition of your product must be clear, whether it is better pricing or it is more convenient for people to use your product.
How IP Mirrors female founders attain success with zero funding Quote from Janna Lam, founder of IP Mirror:
Be honest, sincere, and hardworking. When you are honest and sincere, people can feel it. Its not a bed of roses when you run your own business. You always have a lot of problems but theres always some principles you need to keep to in order to be successful. After thirteen years, Im still as hardworking as before. I work more than my staff. I want to lead by example as this will motivate the others to do likewise.
Singapores Deal.com.sg records $50 million yearly revenue; Founder shares his story Quote from Patrick Linden, co-founder of Dealguru Holdings:
It is important for entrepreneurs to stay firm to what they believe in. And if you need advice, go to the right people who have been there and done that rather than those who dont fully grasp the reality of entrepreneurship.
Indonesia Jatis Group co-founder shares his two-decade-long startup journey Quote from Izak Jenie, co-founder at Jatis Group:
Getting good partners for startup is crucial. I like Warren Buffets investment theory for this. If you know from the outside that there may be trouble, then dont get involved. Because once you get in, its difficult to get out. Similarly, in finding partners, if you foresee potential problems in working with them, then dont get started.
9. The story of a hacker-turned-entrepreneur who sold his company to Google Quote from Chester Roh, serial entrepreneur:
We have a strong conviction. At the time in Korea, blogging wasnt new. But the quality of the content wasnt that good. With search, we need quality content and Tatter & Company is providing all this quality content. So our strategy is clear. We are not taking care of all bloggers but we are taking care of high quality content creators.
How Streetdirectory founder picked himself up and rebuilt Quote from Firdhaus Akber, founder at Streetdirectory:
Entrepreneurs need to understand that they may not be successful on the first time, most arent. One needs to learn to pick themselves up and try again when they fail.
No funding, no rich daddy, founder of M-Stars in Indonesia started up his way Quote from Joseph Edi Lumban Gaol, founder of M-Stars Group:
On some occasions I had to borrow money from family and friends when the cash flow was low, especially to pay employees. This was one of the toughest challenges psychologically, as I had to pledge my credibility to them and spend sleepless nights making sure cash flow was positive and that loans from friends and family werent defaulted. Remembering those days now still makes me smile.
Serial entrepreneur Paul Srivorakul: His admax and Ensogo story Quote from Paul Srivorakul, serial entrepreneur:
Figure out what is the real problem and its always the hard problems. Be very clear on what you want to do with your company before you even build it
Compete with telcos? You must be crazy! Singapore startup MyRepublic is doing just that Quote from Greg Mittman, co-founder at MyRepublic:
When we go to meetings, everyone will pound their fist on the table and say, This is our company and we are going to be bold, we are going to get it right, damn it. It creates an attitude of ownership and we function like a family-owned business. We are one family.
The story of Zopim: Struggle and sacrifice on the way to startup success Quote from Royston Tay, co-founder of Zopim:
Unless I get full commitment from all of you, Im going to leave the company.
IAHGames founder went from distributing junk mail to running a $25 million games publisher Quote from Roland Ong, founder and CEO of IAHGames:
Local developers tend to develop and think like Singaporeans. But there are vast differences in how gamers behave, and that affects the way games are developed. Thats why locals need to expose themselves more, and Im starting to see that happen.
How KakaoTalk grew from a startup to a giant mobile platform Quote from Sirgoo Lee, Co-CEO at Kakao:
We pride ourselves on being innovators, trying new things and being willing to learn from others. We look to our users and keep learning from feedback. We are willing to upgrade and change our service to maintain the leadership in innovation. You can copy features and design. But you cant copy the spirit and philosophy of the company.
How The Mobile Gamer (TMG) hustles for growth in Southeast Asia Quote from Alvin Yap, founder and CEO at TMG:
Have at least six hours of sleep each day. It keeps you healthy and enables you to run the company better.
Being a CEO eats into you, says Tan Teik Guan of recently-acquired DS3 Quote from Tan Teik Guan, CEO at DS3:
Jumping is really scary. You can jump up or, more likely, jump into a hole. But if you dont make these decisions, your company will become mediocre. These decisions will eat into you when youre eating, sleeping, and bathing. It dominates your life.
Stephanie Chai of Luxe Nomad: Im earning less than in modeling, yet strangely happier Quote from Stephanie Chai, founder of Luxe Nomad:
Did modeling help? Most definitely. Living in different countries while not knowing anyone teaches you how to be adaptable. And that quality is crucial in a startup environment; you better learn to move with the times, and fast.
Lenddo CEO says building a startup isnt easy but passion is key Quote from Richard Elridge, CEO for Asia of Lenddo:
Everybody who has a startup understands difficulty. We tackled a big problem and we knew it was gonna be hard. We have the passion for that and we kept pushing through, despite the challenges we faced. If it was easy someone else would have done it.
Builks Linna Kanoknitanan: a COO is like a midfielder in a soccer team Quote from Linna Kanoknitanan, COO of Builk:
Understanding others doesnt only apply to customers, but the team as well. I constantly remind myself to always check what the team wants. This is to make sure they are happy to deliver what the company needs. Understanding people around me is the key to success.
Anphabes CEO, one of Vietnams rare female tech founders, speaks out Quote from Thanh Nguyen, CEO of Anphabe:
If we desire to succeed in business, we should create meaningful and useful products or services for customers first and relentlessly satisfy their needs.
How Joe Lonsdale, co-founder of billion-dollar Palantir, built his winning team Quote from Joe Lonsdale, founder of Palantir:
Optimism is believing in the best likely scenario. You cant trick someone into working for you (or, more accurately, you probably can initially, but its not a sustainable long term strategy). Optimism isnt about fooling anyone, it is about truly believing in a mission and sharing this passion with others.
CEO of Vietnams biggest e-commerce site reveals his secrets to success Quote from Nguyen Ngoc Diep, CEO of Vat Gia:
Always think as consumers. Observe and meet their needs. Dont completely copy successful foreign business models. Learn and customize them locally.
Forget Vietnams Lazada and Zalora, Hotdeal.vn makes 10,000 deliveries per day Quote from Nguyen Thanh An, CEO of Hotdeal.vn:
In this market, if you go too fast, the cost will be way too high. Once we understand the market and customer, then you can hit the market harder.
Jack Mas last speech as Alibaba CEO Quote from Jack Ma, founder of Alibaba Group:
A lot of people complain about yesterday. We have no power to change yesterday. But this very day, 30 years later, is what we can control and decide. Change yourself, take baby steps, and stay determined for ten years. I thank the times of change and everyones complaints. Because when everyone is complaining, that is your chance, an opportunity. Its only in times of change that someone can be clear of what he has and wants, and what he needs to give up.