Simplicity in Business

1-iGYPswi0SlWCJqB2DWFjcgThe best businesses have one interesting feature when the company’s vision and strategy are described by the founder of the company: the business strategy for the company is extremely easy to communicate but difficult to execute. Continue reading Simplicity in Business

How Great Founders have convinced me within 15 minutes

The_barren_zen_garden_in_Tenryuji_#Kyoto_#Japan_at_Tenryū-jiSometime last year during a date night with my wife, I told her that I can decide within the first 15 minutes of my conversation with a founder whether I want to invest in a company or idea. We took a list of those which I have recorded in my own spreadsheet and told her private that I would invest if I have the money and discovered that it was fairly accurate. In fact, the best investments out of my portfolio are done within 15 minutes and the rest which I took time to deliberate and ponder usually never panned out. It’s not based on some emotion or feeling. It also worked for me on startups which I don’t partake in but will have done it if I have the cash. Continue reading How Great Founders have convinced me within 15 minutes

The Shokunin Way

The_autumn_leaves_covering_the_red_gate_outside_Tenryu-ji_Temple_#Kyoto_#Japan_at_Tenryū-ji Every year, my wife and I spent a week in Japan where we spent our time looking at product design, and understanding how the interfaces on different products there work. Watching documentaries such as “Jiro dreams of Sushi” and “The Kingdom of Madness and Dreams” provided me inspiration on why everything I do should have the attitude of Japanese craftsman, called the Shokunin way. Learning from my past failures while learning the skills for the next journey, I have adapted the Shokunin thinking into product and general management. Continue reading The Shokunin Way

Startups Dilemmas in Asia: Bad Revenues & Pivot

dilemma-500 Here’s a scenario which I have encountered when various founders sought me for advice across Southeast Asia. They have successfully raised a significant amount of money through investors with a revenue model based on their initial product with the intention to expand to other markets or scale the revenues up with more aggressive sales or marketing tactics. As they start their next cycle, they discover that their business model is not scalable as they originally thought it would be. In such a situation, they are tempted to pivot to a different model given that they have some cash runway. The question is that how they should pivot. Here are a few considerations if anyone out there are thinking about turning around their startups. Continue reading Startups Dilemmas in Asia: Bad Revenues & Pivot