from hobbyist to technopreneur by wilson chua
DESCRIPTION
Future Gen PTE Ltd. (http://futuregen.sg) Technopreneur Wilson Chua shared his journey, experience, and lessons learned transitioning from hobbyist to early technopreneur in Dagupan, Pangasinan and now in Singapore too. This is the third webinar organized under the DigitalFilipino Start-Up 100 Project that aims to mentor, encourage, give advice to aspiring technopreneurs. More information about the project can be found at http://www.e-commercephilippines.comTRANSCRIPT
Wilson L. Chua
From Hobbyist to Technopreneur
www.futuregen.sg
Agenda
Lessons from current businesses – S Curves
Call to Action
Lessons for Startups
Lessons Learned with Historical Perspectives
Singapore Base of Operations
1
2
3
4
5
From Hobby to Business
1983 1982 1985 1986 1989 1979 1990
From Hobby to Business
1993 1994
Historical Perspective
2005 1998-2004
Historical Perspective
2007 2009 2008 2010 2011
The Next Wave
Lessons from Current Businesses: The S Curves and the Constant
Computers
Communica/ons
Virtual Work
www.futuregen.sg
• “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled”- HBS Howard Stevenson
• What to watch out for in running a start up? – Benefits – Risks
Lessons for Startups
• Control your time. • Choose your team. • Help people. • Build ‘new stuff’ • Change the world
(one PC device at a time )
Top 5 Benefits I enjoy from running Own Business
• Stigma of Failure (??) • Run out of capital/funds • Business ends up owning you. • Opportunity costs.
Downside Risk
www.futuregen.sg
Singapore Base of Ops
Legal FTA and IP
Business Friendly Taxes, Grants, Regula/ons
Peace and Order
Knowledge Hub
How to start?
Do what you love and you will never have to work a day in your life.
Form your Team
Execute on your vision.
Pitch.
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