Why you should not do a startup

•Download as PPTX, PDF•

1 like•1,166 views

I share some scenarios of when people want to start companies (experience talking to other startup founders and from my own experience) and why they shouldn't. I also give a good case of a Thai startup that started for all the right reasons and is doing well.

Technology Business Entertainment & Humor

Why You Should NOT Do a
Startup
Mohan Belani
Founder and Director, e27

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

• Based in SV in 2006/2007
• Founded e27 in 2007
• Built Echelon to SEA’s largest
tech startup event (#win)
• Founded Gokil Games in
2010
• Failed and closed in 2011 

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

“I want to build the best social gaming, voice
chat, instant messaging, in app social network,
music sharing, loyalty rewards location based
app…. And millions of people will download it and
use it”

- Wannabe Startup Founder 1
#FAIL
© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

“I’m going to start an amazing company and sell
it for $1B... And then I’ll be an ANGEL INVESTOR”

- Wannabe Startup Founder 2
#FAIL

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

“All my friends are doing startups and I want to
do one too…. And I want to be in an incubator!
Startups are so COOL!”

- Wannabe Startup Founder 3
#FAIL

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

“I’m awesome! I can code, talk to people, sell, do
online marketing, hire, fire, clean the office… I’m
awesome!!”

- Wannabe Startup Founder 4
#FAIL

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

“Everybody in the world will use my product…. I’m
awesome!!”

- Wannabe Startup Founder 5
#FAIL

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

Why You Should NOT Do a Startup

• Your idea sucks, find a real problem
• No one is going to buy your company, focus on
your customers
• Startups are not #fun or #cool
• Find a co-founder, don’t be a one man show
• Understand your market, find a niche

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

Builk and Patai = #AWESOME-WIN

• Solving a real world problem (#win)
• Focused on growth, not selling out (#win)
• Works his ass off (#win)
• 2 founders, CEO and CTO, solid team with
amazing experience (#win)
• Hyper focused on the Thai market and slowly
expanding (#win)
© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

• E27 wants to help build the
Thai startup ecosystem
• mohan@e27.sg
• Don’t be shy, say hi! 

© 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved.
8 Prince George's Park Singapore 118407 | www.e27.sg

COMPANY CONFIDENTIAL

More from e27

Echelon Thailand 2017 – How can Digital Technology Address Social Needs While...

e27

Echelon Thailand 2017 – Hiring 101

e27

Echelon Thailand 2017 – Leveraging On Scalable Technology To Expand Regionally

e27

Disrupting the Food / Agri Landscape in Southeast Asia With Tech Innovation

e27

Echelon Asia Summit 2015: Startup Metrics for Mobile Pirates

e27

Echelon Asia Summit 2015: Path of a NEXT GEN [ASEAN] Start-UP

e27

Echelon Asia Summit 2015: State of App Nation: Asia Edition

e27

Echelon Asia Summit 2015: The Old Guy Speech (The End of the Mobile App Cycle...

e27

Echelon Asia Summit 2015: The Future of Payments

e27

Echelon Asia Summit 2015: Build Your Multi-$B Category Outside of The Valley

e27

Online advertising as a business model is typically shunned in Southeast Asia, mainly due to investor’s lack of faith in its potential as a serious revenue opportunity. Joe is here to share with you that the notion of startups not being able to monetise via online advertising might not hold true, especially looking at data from Southeast Asia’s online trends. Joe will compare similar mid sized markets like the Nordics, Latin America, Brazil, India and Russia and do a deep dive into the online trends from Singapore, Malaysia, Indonesia, Thailand, Philippines and Vietnam. Delegates can expect to get a better understanding on why online advertising is not a dirty word and where is Southeast Asia in terms of online advertising as a serious potential business model, and where are we headed towards. Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27

Why online advertising is not a dirty word - Echelon 2014

e27

How do Technology Companies And Venture Capital Firms Around The World Maximi...

e27

Building a Marketplace Business

e27

The Tipping Point for the shift from physical to digital retail is occurring due to significant advantages e-commerce has over brick-and-mortar retail. But which e-commerce model will win in the long run? Ebay /Alibaba / Rakuten type marketplaces or a more controlled retail platform like Amazon, which also has a marketplace? Will the emerging “asset light” models, such as Instacart, PostMates, eBay Now, Uber(?), and Google Shopping Express, enable physical retailers to team up and provide instant gratification to beat the e-commerce giants? Let’s discuss the evolution and future of e-commerce – exciting times! Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27

The E-commerce Revolution: How the Industry is Evolving and What the Future H...

e27

Early stage startups, by nature, are fast, nimble, and agile. But as you scale up your business and build your company, how do you keep this DNA? How do you avoid bureaucracy and red tape creeping in and slowing you down? Building and nurturing your culture is crucial and companies like Airbnb and Amazon have done this successfully. This session explores the key aspects of innovation and agility for startups at scale, zooming into the culture, organization, and mechanisms that have allowed Amazon to keep leveraging its startup DNA to innovate across multiple industries. Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27

The Key Ingredient to Building a World Class Startup: Startup DNA, And How to...

e27

What is Wrong With Angel Investors And Accelerators

e27

9GAG’s Secret Sauce To Millions Visitors And Billions Pageviews - Echelon 2014

e27

Investment Perspectives in Thailand by Dr Adrian Vanzyl (Ardent Capital)

e27

Founders Drinks Sept: Building a global A-Team with freelancers

e27

Founders Drinks: Generating ROI with digital marketing (by Techsailor)

e27

More from e27 (20)

Echelon Thailand 2017 – How can Digital Technology Address Social Needs While...

Echelon Thailand 2017 – Hiring 101

Echelon Thailand 2017 – Leveraging On Scalable Technology To Expand Regionally

Disrupting the Food / Agri Landscape in Southeast Asia With Tech Innovation

Echelon Asia Summit 2015: Startup Metrics for Mobile Pirates

Echelon Asia Summit 2015: Path of a NEXT GEN [ASEAN] Start-UP

Echelon Asia Summit 2015: State of App Nation: Asia Edition

Echelon Asia Summit 2015: The Old Guy Speech (The End of the Mobile App Cycle...

Echelon Asia Summit 2015: The Future of Payments

Echelon Asia Summit 2015: Build Your Multi-$B Category Outside of The Valley

Why online advertising is not a dirty word - Echelon 2014

How do Technology Companies And Venture Capital Firms Around The World Maximi...

Building a Marketplace Business

The E-commerce Revolution: How the Industry is Evolving and What the Future H...

The Key Ingredient to Building a World Class Startup: Startup DNA, And How to...

What is Wrong With Angel Investors And Accelerators

9GAG’s Secret Sauce To Millions Visitors And Billions Pageviews - Echelon 2014

Investment Perspectives in Thailand by Dr Adrian Vanzyl (Ardent Capital)

Founders Drinks Sept: Building a global A-Team with freelancers

Founders Drinks: Generating ROI with digital marketing (by Techsailor)

Recently uploaded

EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER

MadyBayot

Architecting Cloud Native Applications

WSO2

How to Troubleshoot Apps for the Modern Connected Worker

ThousandEyes

Three things you will take away from the session: • How to run an effective tenant-to-tenant migration • Best practices for before, during, and after migration • Tips for using migration as a springboard to prepare for Copilot in Microsoft 365 Main ideas: Migration Overview: The presentation covers the current reality of cross-tenant migrations, the triggers, phases, best practices, and benefits of a successful tenant migration Considerations: When considering a migration, it is important to consider the migration scope, performance, customization, flexibility, user-friendly interface, automation, monitoring, support, training, scalability, data integrity, data security, cost, and licensing structure Next Wave: The next wave of change includes the launch of Copilot, which requires businesses to be prepared for upcoming changes related to Copilot and the cloud, and to consolidate data and tighten governance ShareGate: ShareGate can help with pre-migration analysis, configurable migration tool, and automated, end-user driven collaborative governance

Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff

sammart93

ICT role in 21st century education and its challenges

rafiqahmad00786416

In this keynote, Asanka Abeysinghe, CTO,WSO2 will explore the shift towards platformless technology ecosystems and their importance in driving digital adaptability and innovation. We will discuss strategies for leveraging decentralized architectures and integrating diverse technologies, with a focus on building resilient, flexible, and future-ready IT infrastructures. We will also highlight WSO2's roadmap, emphasizing our commitment to supporting this transformative journey with our evolving product suite.

Platformless Horizons for Digital Adaptability

WSO2

Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows. We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases. This video focuses on the deployment of external web forms using Jotform for Bonterra Impact Management. This solution can be customized to your organization’s needs and deployed to support the common use cases below: - Intake and consent - Assessments - Surveys - Applications - Program registration Interested in deploying web form automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.

Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...

Jeffrey Haguewood

Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving

Edi Saputra

Following the popularity of “Cloud Revolution: Exploring the New Wave of Serverless Spatial Data,” we’re thrilled to announce this much-anticipated encore webinar. In this sequel, we’ll dive deeper into the Cloud-Native realm by uncovering practical applications and FME support for these new formats, including COGs, COPC, FlatGeoBuf, GeoParquet, STAC, and ZARR. Building on the foundation laid by industry leaders Michelle Roby of Radiant Earth and Chris Holmes of Planet in the first webinar, this second part offers an in-depth look at the real-world application and behind-the-scenes dynamics of these cutting-edge formats. We will spotlight specific use-cases and workflows, showcasing their efficiency and relevance in practical scenarios. Discover the vast possibilities each format holds, highlighted through detailed discussions and demonstrations. Our expert speakers will dissect the key aspects and provide critical takeaways for effective use, ensuring attendees leave with a thorough understanding of how to apply these formats in their own projects. Elevate your understanding of how FME supports these cutting-edge technologies, enhancing your ability to manage, share, and analyze spatial data. Whether you’re building on knowledge from our initial session or are new to the serverless spatial data landscape, this webinar is your gateway to mastering cloud-native formats in your workflows.

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME

Safe Software

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood

Juan lago vázquez

Webinar Recording: https://www.panagenda.com/webinars/why-teams-call-analytics-is-critical-to-your-entire-business Nothing is as frustrating and noticeable as being in an important call and being unable to see or hear the other person. Not surprising then, that issues with Teams calls are among the most common problems users call their helpdesk for. Having in depth insight into everything relevant going on at the user’s device, local network, ISP and Microsoft itself during the call is crucial for good Microsoft Teams Call quality support. To ensure a quick and adequate solution and to ensure your users get the most out of their Microsoft 365. But did you know that ‘bad calls’ are also an excellent indicator of other problems arising? Precisely because it is so noticeable!? Like the canary in the mine, bad calls can be early indicators of problems. Problems that might otherwise not have been noticed for a while but can have a big impact on productivity and satisfaction. Join this session by Christoph Adler to learn how true Microsoft Teams call quality analytics helped other organizations troubleshoot bad calls and identify and fix problems that impacted Teams calls or the use of Microsoft365 in general. See what it can do to keep your users happy and productive! In this session we will cover - Why CQD data alone is not enough to troubleshoot call problems - The importance of attributing call problems to the right call participant - What call quality analytics can do to help you quickly find, fix-, and prevent problems - Why having retrospective detailed insights matters - Real life examples of how others have used Microsoft Teams call quality monitoring to problem shoot problems with their ISP, network, device health and more.

Why Teams call analytics are critical to your entire business

panagenda

Vector Search -An Introduction in Oracle Database 23ai.pptx

Remote DBA Services

Discover the innovative features and strategic vision that keep WSO2 an industry leader. Explore the exciting 2024 roadmap of WSO2 API management, showcasing innovations, unified APIM/APK control plane, natural language API interaction, and cloud native agility. Discover how open source solutions, microservices architecture, and cloud native technologies unlock seamless API management in today's dynamic landscapes. Leave with a clear blueprint to revolutionize your API journey and achieve industry success!

WSO2's API Vision: Unifying Control, Empowering Developers

WSO2

DBX First Quarter 2024 Investor Presentation

Dropbox

Dubai, known for its towering skyscrapers, luxurious lifestyle, and relentless pursuit of innovation, often finds itself in the global spotlight. However, amidst the glitz and glamour, the emirate faces its own set of challenges, including the occasional threat of flooding. In recent years, Dubai has experienced sporadic but significant floods, disrupting normalcy and posing unique challenges to its infrastructure. Among the critical nodes in this bustling metropolis is the Dubai International Airport, a vital hub connecting the world. This article delves into the intersection of Dubai flood events and the resilience demonstrated by the Dubai International Airport in the face of such challenges.

Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf

Orbitshub

Understanding the FAA Part 107 License ..

Christopher Logan Kennedy

Dubai, often portrayed as a shimmering oasis in the desert, faces its own set of challenges, including the occasional threat of flooding. Despite its reputation for opulence and modernity, the emirate is not immune to the forces of nature. In recent years, Dubai has experienced sporadic but significant floods, testing the resilience of its infrastructure and communities. Among the critical lifelines in this bustling metropolis is the Dubai International Airport, a bustling hub that connects the city to the world. This article explores the intersection of Dubai flood events and the resilience demonstrated by the Dubai International Airport in the face of such challenges.

Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...

Orbitshub

Passkeys: Developing APIs to enable passwordless authentication Cody Salas, Sr Developer Advocate | Solutions Architect - Yubico Apidays New York 2024: The API Economy in the AI Era (April 30 & May 1, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...

apidays

Boost Fertility New Invention Ups Success Rates.pdf

sudhanshuwaghmare1

The microservices honeymoon is over. When starting a new project or revamping a legacy monolith, teams started looking for alternatives to microservices. The Modular Monolith, or 'Modulith', is an architecture that reaps the benefits of (vertical) functional decoupling without the high costs associated with separate deployments. This talk will delve into the advantages and challenges of this progressive architecture, beginning with exploring the concept of a 'module', its internal structure, public API, and inter-module communication patterns. Supported by spring-modulith, the talk provides practical guidance on addressing the main challenges of a Modultith Architecture: finding and guarding module boundaries, data decoupling, and integration module-testing. You should not miss this talk if you are a software architect or tech lead seeking practical, scalable solutions. About the author With two decades of experience, Victor is a Java Champion working as a trainer for top companies in Europe. Five thousands developers in 120 companies attended his workshops, so he gets to debate every week the challenges that various projects struggle with. In return, Victor summarizes key points from these workshops in conference talks and online meetups for the European Software Crafters, the world’s largest developer community around architecture, refactoring, and testing. Discover how Victor can help you on victorrentea.ro : company training catalog, consultancy and YouTube playlists.

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024

Victor Rentea

Recently uploaded (20)

EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER

Architecting Cloud Native Applications

How to Troubleshoot Apps for the Modern Connected Worker

Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff

ICT role in 21st century education and its challenges

Platformless Horizons for Digital Adaptability

Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...

Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME

Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood

Why Teams call analytics are critical to your entire business

Vector Search -An Introduction in Oracle Database 23ai.pptx

WSO2's API Vision: Unifying Control, Empowering Developers

DBX First Quarter 2024 Investor Presentation

Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf

Understanding the FAA Part 107 License ..

Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...

Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...

Boost Fertility New Invention Ups Success Rates.pdf

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024

Why you should not do a startup

1. Why You Should NOT Do a Startup Mohan Belani Founder and Director, e27 © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

2. • Based in SV in 2006/2007 • Founded e27 in 2007 • Built Echelon to SEA’s largest tech startup event (#win) • Founded Gokil Games in 2010 • Failed and closed in 2011  © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

3. “I want to build the best social gaming, voice chat, instant messaging, in app social network, music sharing, loyalty rewards location based app…. And millions of people will download it and use it” - Wannabe Startup Founder 1 #FAIL © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

4. “I’m going to start an amazing company and sell it for $1B... And then I’ll be an ANGEL INVESTOR” - Wannabe Startup Founder 2 #FAIL © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

5. “All my friends are doing startups and I want to do one too…. And I want to be in an incubator! Startups are so COOL!” - Wannabe Startup Founder 3 #FAIL © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

6. “I’m awesome! I can code, talk to people, sell, do online marketing, hire, fire, clean the office… I’m awesome!!” - Wannabe Startup Founder 4 #FAIL © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

7. “Everybody in the world will use my product…. I’m awesome!!” - Wannabe Startup Founder 5 #FAIL © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

8. Why You Should NOT Do a Startup • Your idea sucks, find a real problem • No one is going to buy your company, focus on your customers • Startups are not #fun or #cool • Find a co-founder, don’t be a one man show • Understand your market, find a niche © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

10. Builk and Patai = #AWESOME-WIN • Solving a real world problem (#win) • Focused on growth, not selling out (#win) • Works his ass off (#win) • 2 founders, CEO and CTO, solid team with amazing experience (#win) • Hyper focused on the Thai market and slowly expanding (#win) © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

11. • E27 wants to help build the Thai startup ecosystem • mohan@e27.sg • Don’t be shy, say hi!  © 2012 Optimatic Pte. Ltd, holding company of e27. All rights reserved. 8 Prince George's Park Singapore 118407 | www.e27.sg COMPANY CONFIDENTIAL

Why you should not do a startup

Recommended

Recommended

More Related Content

More from e27

More from e27 (20)

Recently uploaded

Recently uploaded (20)

Why you should not do a startup