Weikiat.NET: My outdated musings
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3 telltale signs that a startup is fakin’ it
Office Fun Customers
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Hack #4: Don’t spend too fast.
Many startups of businesses die because they have not mastered the cashflow game. It can become a downward spiral if you spend money that you don’t have. Even if a client promise to pay $X, never count on the money reaching your bank account in a timely manner. Until money enters your company’s bank account,…
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Hack #3: Know your limits, and get creative
We often find ourselves standing before an immovable mountain. Instead of trying to move the mountain bit by bit, a feat that can be unfeasible, take a step back and explore other options. Look for a plane that can allow you to bypass the mountain. Even if some challenges seem too difficult to overcome, looking…
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Hack #2: Don’t waste time on things that don’t matter
Time is one of the most valuable resource you have. You can choose to spend your time consuming (services, food, entertainment), or spend your time planning, creating or hustling and working towards your success. Time is a finite resource. It is no surprise that some of the most successful entrepreneurs are extremely disciplined with how…
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Hack #1: Know your reason
There has got to be an explicit reason behind what we do every day. It is easy to do something with no reason at all. But we have a definite time in this world. Any second spent on doing things for no reason is time wasted that we can never get back.
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Carousell’s Series B
To me, a startup can only get away from trying to generate revenue for so long. The true test comes when they try, and perhaps they have been holding out trying until they get a long enough runway, which is now, getting their Series B. The best way to boost valuation is to hide…
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Startups: Reliance on fundings as a barrier to entry against competitors.
I think well funded startups are after perceived barrier to entry now. If you lose more money per year, it means there is a higher barrier to entry to your business, as others need to have deeper pockets in order to compete. In the eyes of investors, that’s actually good. If you are making 5…
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Science: Why charging phones overnight is a bad idea
I’ve wrote an article on why you shouldn’t leave your phones to charge overnight on Alvinology.
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A Candid Look At My 10 Years Of Entrepreneurship Journey In 8 Minutes (Lessons included)
My earliest recollection of something resembling Entrepreneurship was when I was 15. I’ve picked up programming for about 2 years by then, and I have created a couple of random apps and tried to sell it online. One of the app was called Wicked’s Developers’ Suite and contains a html text editor, a search engine scraping…
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An Inventor & A Magician
When I was 5, I wanted to be either an Inventor or a Magician when I grow up. I couldn’t decide which is more interesting of the two. An Inventor create new things; a Magician does the impossible and make people smile. Retrospectively, I now realize that I’ve been creating new things and making people smile for…
Got any book recommendations?