BEIC – Borneo Entrepreneurship Investment Convention

  • Business model > product & service. How can we make sure, our business model brings “Win” to more party ?
  • BEAM – A platform to gather and help entrepreneur to connect with people and resources.
  • Learn the culture first before we go into a foreign place.
  • supermodel secret founder strategy of Expansion to foreign market:
    1. Rider on the shoulder of giant – Using ready developed sales platform for market testing. Do people in this market searching for this product? What are the keywords/ what are the problem that will link them to this product/service? – Go Multiple to reduce the risk.
    2. Invest on the social community that the targeted crowd.
    3. Hire/engage local partner to enhance the effectiveness of customer support.
  • Toys”R”Us lesson : People still buy toys but people decide to buy else way.
  • The ingredient of inspiring others – Exposure & Knowledge.
  • Collect data to make better decision and create unique success formula.
  • “You don’t have to be great to start, but you have to start to be great.” – Zig Ziglar
  • O2O – Online to Offline
  • Investor perspective: Good founder of a company = (Network of the industry + experience of the industry + unfair advantage) Committed and focus on one business.
  • Understand the seasons of our business, so we can know how to respond when each season comes. How to understand ? “Data, Data, Data”
  • Influencer marketing.
  • The next potential business trend: Human communication with AI.
  • Characteristic of successful entrepreneur:
    • Ability to take pain for a very long time.
    • Hungry enough to go all out.
    • Need to understand the client better than themselves.