Success looks easy—until you discover the ups and downs behind it. Our Success Stories segment brings the drive, vision, as well as the hardships of young and successful entrepreneurs who have worked tirelessly to build their businesses to the forefront. Learn from the personal experiences of those who have been there, done that, and are still doing it, and get inspired to start a journey of your own.
A lot of it has to do with “what problem are you trying to solve in the market?” If their purpose is to get rich fast, then there are better ways compared to starting a tech business I can assure you.
I think it’s really easy for young entrepreneurs to get carried away with the business idea. Basically, when we look at start-up success stories, whether its Facebook, or Grab, entrepreneurs don’t know 70-80% of the story that lead to that success.
I know it’s quite clichéd to say this but, I think you need to be physically and mentally healthy. Because when you start your own business, there are a lot of things you need to do, and you’ll need a lot of energy to do so.
Just like playing an RPG game, the higher the level you go, the harder the obstacle. So, be thankful and appreciate the little victories. They may be small, but they are victories nevertheless.
Plan properly before you start. Because it’s not as easy as you think.
I started this business, I wanted to see it through and to achieve what I originally set out to build.
If I have money today, I’ll eat rice. If I have less money tomorrow, I’ll eat porridge. And if I don’t have any money at all, I’ll eat grass. Despite all this, I will still love what I do.
Be passionate in what you do, money will get you started but it will not keep you happy forever. It’s the inherent satisfaction you get from building your own brand, your own community that supports each other.
Be mentally and physically prepared to face all the challenges that come your way. People assume starting a business is just about planning and but in actual fact, you have a lot of other aspects of the business to take care of.
Sometimes we as entrepreneurs need to take up the challenge and take some risks because I think that’s what entrepreneurs are all about. I want people to know that you need to have the passion when you want to start a business and work hard at it.
Even though everyone knows about cafés and is willing to try one as soon as a new café opens, you really have to be top-notch. You have to impress immediately, in terms of your food, environment, service, everything. You have to go in totally ready. If you let them down, they will take their money elsewhere because there are so many competitors.