We Need To Start A Paradigm Shift In Thinking Among ASEAN VCs

The truth is, if Facebook or Google were started in ASEAN, they would probably never have taken off because no one would have funded them and they would have died.

Our Start-Up Ecosystem Is Still Young

That’s understandable, because our start-up ecosystem is still young.

Naturally, investors here have never built, invested in or been part of the early days of a start-up that truly changes the world.

Read Also:

What’s Stopping ASEAN From Having A 100 Billion USD Tech Company?

Because of that, it is understandable why most of them don’t know how to value or identify start-ups that can truly become world changers.

We evolved based on what we are most comfortable with and understand best, resulting in many local and regional copycats or solutions.

That’s Fine — We All Still Have Much To Learn

That’s fine, it is part of the growth of an ecosystem. China went through the same thing.

However, it is important to acknowledge that if ASEAN is to ever become a developed ecosystem that could eventually support world changing start-ups, we all still have much to learn and improve.

Read Also:

Why I Got So Frustrated At ASEAN’s Start-Up Ecosystem After Coming Back From China

VCs & LPs Can Do Whatever They Want — It’s Their Money

Ultimately, VCs and LPs can do whatever they want with their money and invest in whoever they like, because it is their money.

It is their right to do so.

But If VCs Really Want To Make Money + Build The Future — Everyone Needs To Improve

However, in their best interests, if they really want to do their job well and make real money and own a piece of the future and the world’s most lucrative businesses, everyone needs to improve and learn from the best in the world together.

Read Also:

Are Early Stage ASEAN VCs Valuing Start-Ups Wrongly?

Don’t Think That You Know Everything — Everyone Has Loads To Learn

It becomes dangerous when VCs and leaders here think that they know everything when they actually don’t.

Even the best in the world know that there is still a lot that even they do not know that they don’t know. That’s why, it is extremely important for all of us to keep and open mind and keep learning.

Everyone has loads to learn.

Read Also:

Are ASEAN VCs Stuck With Un-EXITable Dividend Paying Start-Ups?

Learn From The Best In The World — Don’t Be Too Arrogant To Learn

For our ecosystem to truly progress, all of us need to improve and learn from the best in the world. We can’t be too arrogant to learn no matter how “successful” we are here.

Don’t Count Out Zero Early Revenue Start-Ups That Solve Global Problems

We can start by opening up our minds to zero early revenue start-ups that are trying to solve the world’s biggest problems.

Don’t count them out just because they don’t have revenue now.

Read Also:

Many Start-Ups That Generate Supernormal Profits Had Zero Early Revenue — VCs Need To Realise That

Give Truly Innovative Start-Ups That Can Become 100 Billion USD Companies A Chance

Have an open mindset, and start giving truly innovative start-ups that can become 100 billion USD companies in the future a chance.

Don’t write them off just because you think they are too ambitious.

Hear them out, you might be missing something very big by ignoring them.

Read Also:

The Next 100 Billion Dollar Start-Up Will Be A Dating App

Start Taking The Right Risks — Support Innovative Start-Ups With Global Ambitions

Don’t be afraid of taking the right bets, support innovative start-ups with global ambitions, because that’s where most of your value and returns would be generated.

Read Also:

Here’s Why You Should Invest In Me & Wowwwz

I hope you will help me out a little here so that I can build the tools to help everyone in this world find their soulmate whom they can grow old together and live long happy lives with.

If you have access to a brand, company, working building, community or even VCs, let me know; I can help you build a community of people who like your product or brand and introduce them to each other, or bring a community closer by introducing people at the same building or company to each other!

You can reach me at johnson@wowwwz.com or LinkedIn.

My 10 Year Start-Up Journey — Lessons & Honest Reflections

Don’t forget to SHARE this story and all related stories to as many of your friends too, we need to more people to spread the word so we can start a positive paradigm shift in our ecosystem.

Also, you can help by downloading the app, give us a good rating, subscribe to my Youtube Channel about relationships-coming soon, leave your email, join this Facebook Group and check back every few months for cool updates.

*Search for Wowwwz on the App Store or Play Store to download

JohnsonKhooTV — Subscribe to my upcoming Youtube Channel where I will be talking about real life stories about love & relationships

FB Group To Stay Updated On Wowwwz’s Journey— Join this Facebook Group so you can stay updated on our journey, new features and new stories and new updates on our quest to build a start-up that could help everyone in this world find true love and live happily ever after

You can also follow me on Facebook, Twitter or Instagram.

More stories and articles can be found on my blog johnsonkhoo.com or via this link to a list of all published stories here.

Help me out, because many people’s lifetime happiness is in your hands.

Once you’ve downloaded the app and signed up, you can also start to meet other amazing single people in Kuala Lumpur or Singapore who share the same values and interests as you by scanning the QR codes below.

*Search for Wowwwz on the App Store or Play Store to download

SCAN with Wowwwz to meet amazing single people in Kuala Lumpur!

SCAN with Wowwwz to meet amazing single people in Singapore!

Do SHARE this with as many of your single friends as possible so they can find their soulmate soon, we can get more traction, and raise the funding necessary to build you more cool features that will help amazing single people meet each other and amazing couples grow their relationship!

Let’s do this together!

The world needs YOUR HELP so all of us can find true love!

You have the power to become a superhero!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: