From Hobbyist to Technopreneur by Wilson Chua
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Transcript of From Hobbyist to Technopreneur by Wilson Chua
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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