Tag: SMEs

Roadside MBA: Lessons from Small Businesses

April 20th, 2016   •   no comments   

The Roadside MBA

I love traveling. I love David versus Goliath tales. And I enjoy reading about business strategies.

Put this together and what have we got? The Roadside MBA by economics and business professors Michael Mazzeo, Paul Oyer and Scott Schaefer.

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The $100 Startup [Book Review]

August 24th, 2015   •   no comments   

The $100 Start Up

How do we escape the 9-5 shackles of corporate drudgery to build a life of adventure, meaning and purpose? Can we do this with $100 (or less) in our pocket?

The answer to both questions is yes. At least according to Chris Guillebeau, author of The $100 Startup.
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MoolahSense Brings Crowdfinancing to Singapore

January 2nd, 2015   •   1 comment   

MoolahSense Website

Are you an entrepreneur seeking to raise funds but unable to secure a bank loan? Or perhaps an investor looking to diversify your portfolio?

If you belong to either category, you may wish to consider crowdfinancing. Unlike traditional means of securing funds through bank loans or equity investments, crowdfinancing (or crowd-lending) allows businesses to borrow money through an online peer-to-business platform from individual lenders.
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Can Small Really Become The New Big?

February 26th, 2014   •   2 comments   

Courtesy of Chorus + Echo

I just read an interesting HBR blog post by Hemant Taneja on The Economies of Unscale. In the post, Taneja claimed that the advent of global manufacturing, trade, and the Internet have created a new playing field for small businesses.

Quoting from the post:

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Something Beautiful – A Marriage of Art with Fashion

October 6th, 2013   •   1 comment   

Kay Wong and Adeline Yeo at the launch of their collection

What do you get when you mix women’s fashion, finger painting art and motherhood? The answer is Something Beautiful

Hatched in far away Prague during a Spotlight Singapore business trip led by my friend art administrator Colin Goh, this collaborative effort came about when Singapore fashion designer Kay Wong of online fashion retailer Milky Way teamed up with finger-painting artist Adeline Yeo. Through the partnership, Kay and Adeline combined their creative and entrepreneurial talents in a business venture that infuses the beauty of art into ladies wear targeted at mothers.
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The Lean Startup: Book Review

April 17th, 2013   •   5 comments   

The Lean Startup

Creators of new products in environments of extreme uncertainty, startups face enormous risks.

In the US, about 50% of small businesses fail in the first five years. Insufficient capital, over investment, and low sales are just some of the reasons leading to this sobering statistic.

As a startup owner, what can you do to “growth hack” your business and improve your chances of success?

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WTF! The Story of Two Fry Guys

April 9th, 2013   •   no comments   

27 year old Melvin Ong (above) has a vision. And that is to be the king of fries in Singapore.

Together with his partner Steve Tan (also 27), Melvin owns and operates What The Fries! – a snack food outlet located at the basement of J Cube Mall. With the cheeky acronym WTF, the stall has been in operation slightly over a year (it opened on 2 Apr 2012). It serves savoury snacks like Golden Nuggets, Mexicali Wings, Roasted Drumlets, Sunny Hunny Wings, and lots of fries.

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The E-Myth Revisited – Book Review

March 5th, 2013   •   no comments   

The e-Myth revisited book review

Are you a struggling entrepreneur trying to juggle it all, but find it a tremendous challenge?

Well, perhaps it’s time for you to stop, take a step back, critically evaluate where your business is going, and read The E-Myth Revisited.
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Which Comes First – the Product or the Market?

February 14th, 2013   •   no comments   

Which Comes First The Product or the Market
Too many toys to choose from! (Ethan in a shop in Shibuya, Tokyo)

Hit by a flash of inspiration, you decided one day to pursue your dream.

You are all fired up and raring to go. After slaving away for goodness knows how long, you have perfected your recipe for world domination.
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The 3 Cs of Convergence Marketing

January 28th, 2013   •   no comments   

What is the true essence of marketing?

I believe that it can be distilled into three basic questions:

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