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Education and Career Guidance (ECG) Singapore’S Start-Up and Entrepreneurial Landscape

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Education and Career Guidance (ECG) Singapore’S Start-Up and Entrepreneurial Landscape Start-up and Entrepreneurship Education and Career Guidance (ECG) Singapore’s Start-up and Entrepreneurial Landscape Singapore Needs More CFE Report: Nurture Young Singaporeans More Entrepreneurs to Stay Entrepreneurial Spirit and Can- Competitive in Next 50 years Open to Entrepreneurship Do Attitude in Young People ~ StraitsTimes.com (14 Jun, 2016) ~ The Business Times (22 Jan, 2016) ~ StraitsTimes.com (10 Feb, 2017) Managing 21st-Century Careers: The Need to Get ‘Entrepreneurial’ ~ TODAY Online (1 Jul, 2016) Singapore’s Start-up Ecosystem: Have We Arrived? ~ Channel NewsAsia.com (6 May, 2016) Singapore’s Start-up and Entrepreneurial Landscape Singapore Tops Global Ranking for Start-up Talent, Overtaking Silicon Valley: Survey ~ Channel NewsAsia.com (21 Mar, 2017) Singapore jumped from 20th position in 2015’s findings to first on 2017’s talent index, largely due to good access to experienced software engineers and growth emloyees, as well as lower cost of hires. (Video) Why Singapore is Hot for Start-ups ~ Rakuten.Today (5 Jun, 2016) Singapore's Environment Favours Entrepreneurship Start-ups: Venture Capitalist ~ Channel NewsAsia.com (21 Apr, 2015) SingTel's Challenge to Start-ups: Solve our Problems ~ StraitsTimes.com (14 Jan, 2016) A Supportive Ecosystem to Drive Entrepreneurship and Innovation $20m to Be Set Aside for First-time Entrepreneurs ~ Channel NewsAsia.com (22 Mar, 2017) Under the Startup Founder scheme, first-time entreprenuers can tap on a start-up capital grant and mentorship support. Singapore startups win big at Global FinTech Hackcelerator ~ TODAY Online (16 Nov, 2016) StartupWeekend Singapore ~ StartupWeekend Singapore Prime Minister Lee Hsien Loong opens JTC (Video) Startup Weekend Singapore Jan 2017 LaunchPad @ One-North –The Heart of (Video) Startup Weekend Singapore July 2016 Singapore Entrepreneurship Action ~SPRING Singapore (23 Jan, 2015) BASH is launched: Biggest facility yet to help grow start-ups in Singapore ~ StraitsTimes.com (11 Feb, 2015) For Aspiring Student Entrepreneurs Who Are Interested to Explore Further YES! Schools ~ SPRING Singapore Entrepreneurship in Polytechnics: Encouraging Entrepreneurship ~ IE Singapore Encouraging Students to Start Own Business ~ StraitsTimes.com (4 Apr, 2016) ~ www.ace.org.sg “Makerspaces” Allow Students to Early-stage Start-up Programs Get Messy and Creative • Clinic@BASH - http://www.bashsg.com/clinic-at-bash.html ~ TODAY Online (25 Apr, 2016) • Ef. Singapore - http://www.entrepreneurfirst.sg/ • NUS Overseas Colleges - http://enterprise.nus.edu.sg/educate/nus-overseas-colleges • Airmaker X - http://plus.airmaker.sg/ List of Successful Entrepreneurs in Singapore We have selected the experiences of some who have turned great ideas into business, took the risks to carry out their vision and went on to make a mark in their chosen industry. We hope you will find something in their entrepreneurship journey that will either inspire or help you in your own entrepreneurial adventure. – Quek Siu Rui, Lucas Hgoo and Marcus Tan (Carousell) – Charles Wong (Charles & Keith) – Tan Tong Hong (Big Box International Pte Ltd) – Dr. Robert Yap (YCH Group) – Douglas Foo (Sakae Sushi) – Lyn Lee (Awfully Chocolate) – Joey Chang (AXS) – Adrin Loi (Ya Kun) – Richard Eu (Eu Yan Sang) – Olivia Lum (Hyflux) – Han Keen Juan (Old Chang Kee) – Anatasia Lew (Bengawan Solo) – Sabrina Tan (Skin Inc) … and many more… Carousell, a mobile marketplace app • Founded in 2012 by co-founders Quek Siu Rui, Lucas Hgoo and Marcus Tan • The three NUS students who were on a one-year immersion trip to Silicon Valley stumbled upon a personal problem of having so many gadgets lying around their room from buying things from Amazon while they were in the US • They thought that buying and selling could be much simpler with a mobile platform, thus coming up with the idea for Carousell The Journey of Co- Teamwork is essential founders of Carousell to success • Each one of them has their own specialization and interest that they make use of to contribute to the team • The team was rejected by a professor for a $10,000 NUS Grant to kick-start their product development • However, they showed the professor how much they believed in their own idea and eventually managed to get a $7,000 grant • Siu Rui stated: “Keep learning, you don’t know what you don’t know” • "Pitching is one important skill-set to succeed as an entrepreneur" More Information on Carousell 'Advantageous Being a Millenial': Young entrepreneurs on Forbes' 30 Under 30 Asia list ~ Channel NewsAsia (Nov 2016) (Video) MAKING THE CUT: Singapore-based app Carousell Interview with Co-Founder of Raises $35 Million in Series B Carousell, Quek Siu Rui Funding ~TECH360.TV Youtube Channel ~ CNBC (Aug 2016) Important to take risks to Charles & Keith succeed • Founded in 1996 by brothers Mr Charles Wong and Mr Keith Wong, Charles & Keith was initially envisioned to specialise in ladies’ footwear. • Having started from a simple shoe store at Amara Hotel in Singapore, the company has now expanded overseas and has over 400 stores worldwide, such as in the Middle East and Japan. • Mr Charles Wong, one of the founders of Charles & Keith established his company at the age of 22. • Having assisted his mother at their small shoe shop in the heartlands of Ang Mo Kio since young, Mr Wong has been greatly exposed to the shoe industry. This experience then motivated him in that direction and inspired him to create his own brand of footwear. • Under his leadership, the Charles & Keith brand has won numerous accolades to date, including the Excellent Service Award in 2002 and The Enterprise Award at the Singapore Business Awards 2008. The Journey of Charles Wong • Learnt from past business mistakes • Important to take risks to succeed • Sought the advice of others and remembered vividly that his uncle encouraged him to take the leap of faith • Highlighted the importance of working both hard and smart • Tried to learn from the experience of others to leverage on their technical expertise More Information about Charles & Keith The Story of Charles Wong ~nie.edu.sg DBS Dialogues with Charles Wong and George Quek on starting up ~ DBS Dialogues Youtube Channel Sakae Holdings • Sakae Holdings Ltd. has come a long way since the opening of its flagship Sakae Sushi outlet in 1997. • Today, the Group has more than 100 Sakae Sushi outlets in Singapore, China, India, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, the U.S. and Japan. • Boasts an outstanding portfolio of brands – Sakae Teppanyaki, Sakae Delivery, Sakae Junior Club, Hei Sushi, Hei Delivery, Senjyu, Crepes & Cream, Sakae Express, Sachi and Nouvelle Events. • Growing up with a strict father who did not give him excess pocket money, Mr Foo learnt the value of thrift early in his life and this has helped him save money to fund his many businesses. The Journey of Douglas Foo • Wants the young people to think about the role they want to play on the world stage • Entrepreneurship should not be seen as a way to simply earn profits • Grateful for his exposure to positive values from a young age. Not one to forget his roots, he still holds the values from the mottos of his alma maters (Respect, Magnanimity, Trustworthiness and Alertness) • Recognizes that our time on earth is finite and we should all make the best of the time we have. More Information about Douglas Foo The Story of Douglas Foo ~ nie.edu.sg (Video) Success in Sushi with Sakae Holdings' Douglas Foo - (Video) Success in Sushi with Part 1 Sakae Holdings' Douglas Foo - ¬Canon Thinkbig Youtube Channel Part 2 ¬Canon ThinkbigYoutube Channel Awfully Chocolate Against all odds • The founder Ms Lyn Lee left her career as a lawyer to enter the food & beverage industry, with little experience in the field. • It was her love for chocolate that sparked off the idea to create the perfect chocolate cake. • Started Awfully Chocolate in 1998 with just one outlet selling one type of chocolate cake. • The business idea was unconventional. Many people do not believe she will make it. • Today, Awfully Chocolate has taken over the hearts of many chocolate lovers in Singapore, Jakarta and other Asian cities. The Journey of Lyn Lee • Her passion for the craft and their unconventional ideas, with honesty and authenticity at its core, their business grew. • Advice to aspiring entrepreneurs is to simply go for it and not to overthink it. Expecting immediate answers blinds one to the possibilities and opportunities which, according to her, are the most important things about entrepreneurship. More Information about Lyn Lee Lyn Lee ~ nie.edu.sg (Video) Sweet success with Awfully (Video) Sweet success with Awfully Chocolates' Lyn Lee - Part 1 Chocolates' Lyn Lee - Part 2 ~ The Star Online Youtube Channel ~ The Star Online Youtube Channel Ya Kun Kaya Toast "You can be nurtured to aspire to be what you are; what you • Mr Loi worked as an assistant at a coffee shop for several years before partnering want to be." two fellow Chinese immigrants to open a coffee shop at the Telok Ayer Basin in 1944. • Mr Loi continued the business and even slept on the countertop at his stall in order to wake up on time to serve his first customers at 5 a.m. • With determination and conviction, Ya Kun embarked on several phases of expansion, in Singapore and regionally. From a single coffee shop in 1998, Ya Kun now has close to 50 outlets in Singapore and more than 60 outlets in countries such as China, Indonesia, South Korea, Thailand and The Philippines. The Journey of Adrin Loi • Advice for budding entrepreneurs is to have passion in what you do, ensure that you have a good team of people to work with, as well as to set a good example for the rest to follow. • He believes that one can be nurtured to aspire to be what you want and what you want to be.
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