【7 Lessons from 7 early-stage founders】
And that's a wrap! Startups are hard, very hard. There's a million different reasons why a founder will fail. Although every founder will never walk the same path as an another, it's my hope that you can at least distill some form of practical insight or inspiration from the experiences of the founders highlighted. Here's a quick snapshot of the lessons covered:
#1 - Establish a working relationship with your co-founder before tying the knot ft. Alan Chan of Omnichat (AW#16)
#2 - Don't in love with your product ft. Kevin Wong of Origami Labs (AW#15)
#3 - Talk to your investors ft. Hai Ho of Triip (AW#18)
#4 - Hire slow, fire fast ft. Hai Nguyen of Canavi (AW#20)
#5 - Don't compete for the sake of compete ft. Chris Xue of Novelship (AW#16)
#6 - Optimize on leveraging strengths instead of improving weaknesses ft. Chelsea Sim of Botbot.AI (AW#18)
#7 - Zoom in, zoom out ft. Jackson Aw ft. Mighty Jaxx (AW#20)
Beyond shared tactics or playbooks, it is also my hope that other founders' experiences resonate with your own, and let you understand that you are not alone.
At AppWorks, we now have over 1,300 founders in our community, filled with like-minded peers, mentors, and even business partners--perhaps the strongest founder community of its kind in GSEA. Applications for AW#22 will be closing next Monday, January 4. If you're a founder targeting AI/IoT, blockchain/DeFI, or SEA, do remember to apply.
It's been a pleasure serving you readers. If you enjoyed the content in any way, please do show your support by following our page and engaging with our posts.
It's now my pleasure to pass on the reins to my colleague Jack An, who will serve as your editor for the month of January.
Hope you all have a wonderful holiday and happy new year!
Cheers,
Jun
同時也有4部Youtube影片,追蹤數超過24萬的網紅Lindsie Pham,也在其Youtube影片中提到,Cùng nhau hướng về những điều tích cực qua vlog này nhé! Tìm hiểu thêm tại đây: https://bestbhutantravel.com/ --------------------------------------...
「triip」的推薦目錄:
- 關於triip 在 AppWorks Facebook 的最讚貼文
- 關於triip 在 AppWorks Facebook 的最讚貼文
- 關於triip 在 AppWorks Facebook 的最佳解答
- 關於triip 在 Lindsie Pham Youtube 的精選貼文
- 關於triip 在 Bangkok69 Youtube 的精選貼文
- 關於triip 在 Nhi Dang Youtube 的最佳解答
- 關於triip 在 Triip - Facebook 的評價
- 關於triip 在 Triip (triipme) - Profile - Pinterest 的評價
- 關於triip 在 Startup in Vietnam Shows Promise: Triip.me - YouTube 的評價
triip 在 AppWorks Facebook 的最讚貼文
【Lesson #3 - Talk to your investors】
Many founders spend countless hours of blood, sweat, and tears fundraising. Endless Zoom calls, perpetual follow-ups, coffee chats, check-ins, dinners, networking events, are all examples of this "always be fundraising" mentality commonly held among bootstrapping entrepreneurs. It's a lot of effort, that oftentimes does not carry over post-fundraising. Once they get money in, the communications falter—a grave mistake and wasted resource, according to Hai Ho, the founder/CEO of Triip (AW#18), a blockchain powered travel platform based in VN.
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What I’ve come to learn is that the strength of your company is very closely tied to the strength of your relationship with your investors and how frequently you interact with them. Oftentimes in the early days of your startup, you tend to shrug off any need for external help. You managed to build up promising initial traction, raise a round or two of financing, hire top notch talent—things are good, why trouble yourself with managing investor relations. “I’ll reach out when there’s a problem” you might think to yourself.
Before, I would probably hold a board meeting once, maybe twice a year depending on everyone’s schedule, strictly for the purposes of corporate governance. I’ve since changed how I communicate with my investors. No matter how busy it gets, I make it an effort to send email updates once a month and have meetings with them twice a quarter.
Looking back on my 13 years of entrepreneurship, I wish I could’ve done this a lot sooner. Your investors collectively boast a wealth of experience, wisdom, and connections. Make sure you take advantage of that. Talk to them, in good times and bad. You’re on a long-term journey together, so the least you can do is put some trust in each other. They can help illuminate your blind spots, while leveling the playing field against competition, but only if you let them.
We often forget that founder-investor relations are still a type of human relationship at the end of the day, which can only be developed through consistent face-to-face interactions (virtual or physical), not just from a couple of WhatsApp messages here and there. Doing so has created a stronger bond and mutual understanding between my board and I, and ultimately allowed for more information flow, both ways. Most of my problems now have become much easier to solve than before.
Right when COVID first hit in early 2020, I was still somewhat optimistic about the fundraising climate and overall travel landscape, in my naivete. But one of our very early investors that I had recently rekindled with through my renewed IR efforts thankfully stepped in with a precautionary outlook, shepherding us through some scenario planning and advising us to cut costs to zero and assume we wouldn’t be able to get new funds in until 2024. His guidance was instrumental in helping us weather this storm so far. It’s been an incredibly tough time for travel companies this year, to say the least. But building this communication flow with my investors and advisors has made it 10x easier, for both tactical and moral support.
Applications for AW#22 are now open to founders targeting SEA, AI/IoT, or Blockchain/Defi -> https://bit.ly/2VQaEg9
triip 在 AppWorks Facebook 的最佳解答
Over the past few months, we have been working closely with Tech in Asia to produce a documentary called “Crossing Borders,” which tells a story about the Greater Southeast Asia (ASEAN + Taiwan) startup ecosystem and some of the founders who make tech innovation happen here.
The story is complex. As varied as Southeast Asia is, its founders are even more varied.
This short video introduces you to three of these founders whose journeys have taken them to Taiwan.
Joel Leong (AW#13) -- co-founder of ShopBack, the region’s largest cash-back rewards platform, which is based in Singapore and has an R&D team in Taiwan
Jin-Ni Gan (AW#19) -- A Malaysian founder who lives in Singapore, Jin-Ni founded a micro-mobility startup called Telepod, which seeks to enable better transportation options, and a cleaner environment
Hai Ho (AW#18) -- A blockchain-focused founder based in Vietnam, Hai created Triip, which seeks to help residents of the region travel to places that are not normally on the typical tourist maps
The video is a good primer for showing some of the reasons why Southeast Asia founders launch here, or explore the market dynamics of this thriving country. Among them are:
* Mobile penetration rates that rank among the largest in Asia
*A digital economy and strong e-commerce legacy worth north of US$42 billion GMV per year
*Large pockets of SEA communities in cities like Taipei, which include a demographic that spans the Philippines, Vietnam, and Indonesia (in fact there are over 80,000 Vietnamese in Taiwan)
*A population of engineering graduates numbering over 25,000 per year which many startups turn to for their backend and front end engineering development
*And don’t forget the many global technology companies, like Google and Microsoft, that have staged R&D practices here
For many founders out there who do not think of Taiwan as a tech-forward, e-economy-driven country, which shares similarities to the SEA ecosystem, this video and these facts may be an eye-opening experience.
If you are a founder in Southeast Asia, or a founder working on AI / Blockchain and would like to belong to a community of founders who work together to solve critical problems, apply for our next cohort, AppWorks Accelerator #21.
Applications can be found here: https://bit.ly/3e4YHdo
The COVID19 pandemic has been a challenging experience for many founders, but it has not slowed many of them down. Stay tuned for a follow up video we produced showing how founders in Southeast Asia have dealt with COVID19 and regional lockdown.
You can find our interview with Lucas Ngoo, Co-founder of Carousell here: https://youtu.be/nRs_IZianfs
Doug Crets
English Communications Master, AppWorks Accelerator
#founders #COVID19 #GSEA #TaiwanCanHelp
triip 在 Lindsie Pham Youtube 的精選貼文
Cùng nhau hướng về những điều tích cực qua vlog này nhé!
Tìm hiểu thêm tại đây: https://bestbhutantravel.com/
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![post-title](https://i.ytimg.com/vi/KA6jboJi3U0/hqdefault.jpg)
triip 在 Bangkok69 Youtube 的精選貼文
Pattaya AM8:00 / Start :
Soi lengkee - 3rd Road - Pattaya tai - WS - Pattaya Beach Road
![post-title](https://i.ytimg.com/vi/bp8uJ-8qbQs/hqdefault.jpg?sqp=-oaymwEbCKgBEF5IVfKriqkDDggBFQAAiEIYAXABwAEG&rs=AOn4CLAbg21gIRCnmNhti77Yh4IrKVkR7A)
triip 在 Nhi Dang Youtube 的最佳解答
"Nothing is Art If it does not come from Nature"- Antoni Gaudí
You will see and feel harmony deeply of Art and Nature when you are in Catalonia- Barcelona.
Thanks so much Catalonia Tourism Board for giving us an opportunity to experience Catalonia- Barcelona to open our mind and heart fully to understand the beauty of
Nature, Art, Culture, and People all together in Catalonia.
Music: A Look Out- Appearing
![post-title](https://i.ytimg.com/vi/XL44fXaospM/hqdefault.jpg)
triip 在 Triip (triipme) - Profile - Pinterest 的推薦與評價
Triip | Triip is the travel platform that enables travelers to enjoy the best private tours passionately crafted by handpicked local tour guides. ... <看更多>
triip 在 Startup in Vietnam Shows Promise: Triip.me - YouTube 的推薦與評價
![影片讀取中](/images/youtube.png)
Ha Lam founded Triip.me in Saigon, Vietnam, to connect local guides with travelers. Her company has more than 7000 users and 800 guides ... ... <看更多>
triip 在 Triip - Facebook 的推薦與評價
Triip 。 26298 個讚 · 1 人正在談論這個。 Triip PTE LTD - a sustainable travel tech company licensed by Singapore Tourism Board enabling travel. ... <看更多>