Skip to main content

5 myths about entrepreneurship (part 3 of 3)

Slide 12: What Is In For Me?
Now that I bursted all the myths and bubbles, why am I still running a business?  Other than I like to torture myself, here are some of the reasons.

What is in for me in entrepreneurship

Lots of Learning:
If you love to learn, this is where all the learning is.  As OffGamers grew, I noticed that none of the partners have any knowledge in financials and I decided to attend the CFA course.  Even though I didn't pass the exam, I learnt enough about financials.  I also learnt more about law and trademark after we received the first lawyer letter.

Entrepreneurship expose you to all areas of business, not just a very narrow scope as an employee in MNC.

Lots of Challenges:
Economy outlook, GST, currency, haze, etc, are all challenges.  If you don't like challenge, please stay away from entrepreneurship.

Self Discovery:
I figured that everything that didn't work in the company or business can be reflected back to me.  For example, when we can't hit sales target in Gapture, it reflects back to me not liking to sell, which goes deeper into I am afraid of wasting others' time, which then leads to my lack of acknowledgement of myself.

Roller Coster - Up's & Down's:
Entrepreneurship is the biggest roller coster ever, if you like roller coster.

Meeting People:
I get to meet people from all walks of life.

Building Culture:
I did some soul searching when running Gapture and I found out that what I wanted to do is actually to build a company that embodies all the values that I want in the country.  Core values in Gapture are Simplicity, Measurability, Integrity, Thirst of Learning and Excellence.

At Gapture, we don't care what race, religion and sexual orientation is our employee.  I requested our HR to drop the religion and race columns (which are very common in all forms in Malaysia) from our interview form.  We only ask that you perform as per job description and achieve your KPI.  We ask for excellence!

I wanted to build an excellent company that Malaysians are proud of, a role model for other companies, one that can inspire others to follow suit and bring excellence to the country.

I don't like the corruption culture in the country and I decided that Gapture is going to walk away from any business if there is a need for corruption.  This is not an easy choice as there is many businesses and companies out there operate in that manner.

Now, when you finally get to start your company, what values do you want to instil in it?  Out of all things that you have been complaining about the country, are you going to make a difference in your company?

Slide 13:
This is my favourite video about entrepreneurship.

5 myths about entrepreneurship (part 1 of 3)
5 myths about entrepreneurship (part 2 of 3)


Popular posts

Is AsiaWorks a scam?

First of all, let me disclose that I have attended the training, I did my AsiaWorks Basic training back in 2012, then Advanced and Leadership Program (LP) in 2014.  All these three trainings were conducted under Asiaworks Training Sdn Bhd in Malaysia.  The reason I'm writing about this is because when I did a Google search on "AsiaWorks review", almost all results point to negative reviews.  Best yet, some of these reviews are from hearsay of the writer's friends, family members, colleagues, etc.  I will bring you through my journey based on my first-person experience. Photo is for illustration purpose only, not a real photo of the training.  Photo credit: Luis Quintero Cult and Secrecy Imagine someone told you Bruce Willis is dead before you even watched the movie "Sixth Sense" (sorry to those who have not watched "Sixth Sense").  This is the main reason why they want to keep the content of the course so secretive.  The course is designe

Malaysian woman searching for her son separated at birth

If you are a Malaysian male (of Chinese/Malay ethnicity) and were born on October 28, 1977 (plus minus a week), please read on. You may have been told by your parents that you were adopted at birth, or you may doubt that you were adopted, or you may even have started looking for your birth parents with no avail. Photo credit: Luciana Ferraz I have just got to know that a friend's mom has a son who she has given away at birth.  She was then a 19-year-old young lady and she wasn't sure what to do with the unexpected pregnancy.  She insisted on not aborting the baby and followed her mom's advice to give the baby away when the baby was delivered in a clinic in Petaling Jaya, Malaysia.  She didn't get to see the baby at all and the only information she had was that the couple who adopted the baby are Malaysians (of Chinese ethnicity) in their 40's back then.  Her mom has passed on now and she has limited information on where to look for her son. She is a gra

Outsource vs. in-house

In my digital marketing company, we outsource a lot of the tasks in the office.  The following considerations are weighed before we decide outsourcing or hiring: Is this role a core competency of our business? If the answer is yes, we will hire if we have enough jobs to keep him/her busy.  If we don't have enough jobs yet, we will outsource until we can get enough jobs to hire one full-time. Photo credit: Is there a career path and environment for this role to grow in our company? We would like all our team members to grow professionally and personally.  We may have enough jobs for a particular role to be more cost effective hiring in-house, but if we know that we can't provide the right environment for this person to grow, we will outsource the jobs. We outsource our accounting, payroll, systems administration and office boy (despatch) jobs.  There is pretty much no career path for an accountant, a systems administrator and an office boy in our c