Missing in Action

Posted on July 1, 2009. Filed under: Uncategorized | Tags: , , , , , |

I’ve really been “Missing In Action” the past month, and do apologize for it! It is quite disheartening actually, to be honest. I started this blog with the grand ambition of being able to write good content that is close to my heart. However, I’ve allowed myself to be stopped by the “difficulties” of technology, not knowing how to upload my own wordpress template etc. Even the URL sproutingout.com is starting to sound distasteful to me! Why oh why!

I’m letting details get to me. I can’t decide whether I should have my own name as the URL, like how Guy Kawasaki does it, or to have an annonymous URL like how http://www.theyoungbusinessman.com OR http://www.youngupstarts.com does it. IT’S SUCH A MINOR ISSUE! actually it makes more sense for me NOT to include my name, since I am still a nobody. But what if i do become somebody? Then again…the owner of ducttapmarketing.com didn’t become popular until the concept of his ducttape marketing took rage.

I WILL DO SOMETHING SOON. I PROMISE. Am facing so many family, financial and business stress right now, that….it is really starting to take its toll on this 19-year old’s head and body.

Seeyou again (to whoever the minority that is reading this) (:

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Entrepreneurship: the infectious disease

Posted on June 7, 2009. Filed under: Uncategorized | Tags: , , , , |

I recall the days i told my mum I wish to one day own a international business. She reprimanded me and said the classic line in “Rich Dad, Poor Dad”. She scolded be for being unrealistic, and told me to study properly (which she knew i could) and get a high paying managerial job. How classic.

But 2 years forward, things changed in my family, and we are “sorta” forced to pursue the entrepreneurial track. While it was to my 2nd sis’ dismay, I have been secretly very happy about it!

Now, my eldest sister who is currently in her 4th year medical school in UNSW is catching on the entrepreneurial disease as well. She keeps emailing me her business ideas. Looks like the entrepreneurial dream is indeed infectious 😉

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Singapore falls to 3rd Place in competitiveness study

Posted on May 21, 2009. Filed under: Uncategorized | Tags: , , , , , |

Singapore has dropped one rung to third in the latest world competitiveness rankings by Swiss Business School IMD, behind the United States and Hong Kong. But it also emerges as one of the “fittest” and most resilient economies in a new “stress test” of which countries are likely to fare best in the global recession.

Wonder what the officers at MTI (Ministry of Trade and Industry) are doing now. haha

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Entry Pass to Venture Capitalists

Posted on May 1, 2009. Filed under: Enterpreneurship | Tags: , , , , , , , |

For those who have read my profile or past entries, you would be aware that I was an intern under the Enterprise division of the Ministry of Trade over at sunny Singapore. During this stint, I got to be involved in many eye-opening projects; projects that provided the overview on the local entrepreneurial landscape. There was one particular project on the VC landscape in Singapore that gave me the “Oh My Gosh” moment.

With reference to Israel, America, and even China, the local VC landscape is lacking in comparison. I’m not sure of the exact reasons for this. But some pointers came upto my mind :

  1. Small local market size, thus most start-ups have to ensure that they can go international and stay competitive
  2. Singapore is “laggy” in the entrepreneurial scene. This is attributed by our heavy reliance on jobs from foreign SMEs and MNCs during the first few decades since our independence
  3. Lack of diverse talents coming together to form effective management teams. Like it or not, the habit of isolation among Singaporeans have made it harder for people from different
  4. Crowding out effect due to too many Government grants? This is highly controversial though. The Singapore government has been very proactive in giving out grants, and this can be seen on the enterpriseone website.

One of the government schemes that has collaborated with private equity is the Business Angels Scheme (BAS). Under this scheme, for every S$1 invested by Business Angel Funds, the governemnt will invest S$2 (capped to S$1.5 million)

——————-

One of my supervisor then told me about his own personal side project and asked if I would like to join in. Given that it is…SUMMER BREAK now, I agreed.

Basically, he is very much involved in the private venture capital industry. The company he is acting as an advisor to, Gingko Capital LLC, specializes in institutional placement services for alternative asset managers including private equity funds and venture capital funds.

By joining his network, you can expect to find videos from past entrepreneurs, VCs, invitations to VC-Entrepreneurs summits (past invites include Founder of Skype) , contacts and personal referrals to top-quartile VCs such as Walden International (VC behind About.com), Draper Fisher Jurvetson (VC behind Meebo, Baidu and Skype) and Sequoia Capital.

See what is available onthe site (e.g. membership, purchase via Paypay and do remember to write in to gingkocapital@gmail.com for the the 10% discount. The discount code to email is: SLPAUL.

Thanks!

For some extra read on the advisor of Gingko Capital, Tan Yinglan, read: Tan Yinglan

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    Recording the thoughts and actions of an Asian seedling, who is – SproutingOut

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