|Coming to office early and leaving the latest, has become a habit.|
Some friends and acquaintances have found out that I am full-time in entrepreneurship, here are some of the common questions that popped from them.
I may be just 22, highly inexperienced compared to businessman in their 30s, 40s or 50s.
But I will answer what I can, as a 22 year old running a business for the 3rd year.
When and why did you decide to become an entrepreneur?
I started when I was 14 while still studying in secondary school, I saved my $5 daily allowance given by my parents and bought web hosting services to run websites and a $380 guitar to learn and teach fellow newbies interested in learning music. I starved in school and took about 4-6months to reach that goal.
I realised at that age that the Rich and well-to-do are always either
- Highly educated and working in higher levels of corporates, or
- People running a business, whether educated or not.
Being on a tight budget of a student, I ran a website that resells common products I could source on the internet, and conducted guitar lessons while learning it to help fund my amateur start-up at the age of 15.
Of course, it failed, at least it was an early failure and I learned a lot from it.
I gave up for a few years and concentrated on my studies, it was only when I had my internship in Malaysia that sparked the failed entrepreneur in me once again.
I would say, if you are still studying, keep a lookout and request for internship opportunities outside of Singapore, don’t just take any internship your school gives you, go out and see the world while getting underpaid, it can give you a better perspective and experience.
My Malaysian boss was a great mentor whom inspired and guided me into business once again.
What challenges have you faced?
I had a loving girlfriend for a period of time, but because of my commitments to work, I couldn’t play my part well, I am not and will not be ready for any relationship anytime soon, though lonesomeness does hit sometimes, that’s where you have to train thyself mentally strong while keeping a lookout for another “right one”, no one wants to die alone, right?
What do you love most about running a business?
My nature of work allows me to constantly meet great people and meet awesome celebrities such as Hossan Leong.
And I get to dress whatever I want to work everyday, put on foundations/concealers without being judged, and I get to color my hair!
I also don’t have to apply for leave to do some charity or volunteer work whenever I’m free.
What are some of the things you dislike?
The only thing I pretty much dislike now, is being required to wear a suit on certain occasions, I’m already layered with fats, having another coat on me almost melted me everytime!
You own a company, you must be loaded now lah!
Not true at all…..and this question isn’t cool at all, I do hate it when people assume I’m loaded and try their luck to take advantage, I am actually just like any young and poor Singaporean youths.
My business partner and I draw a monthly $500 allowance to just pay bills, transport, some CPF contributions and meals. We have pretty much no savings, we simply reinvest constantly, building the company a little bigger one step at a time.
Ha, even our staff gets paid more than us.
|My bank account hardly ever reaches 4 digits.|
I want to start a business too! How and any guide?
Sure, why not, it’s always good to experience something out of the ordinary.
Finding the right business partner:
Any Tom, Dick or Harry can be a business partner, choose and test the person, if he/she is the right person, do not blindly sign any papers without understanding the other party or anything related to business.
Your business partner is also your new wife/husband for life, you will together share, innovate, work, starve, suffer, be in success or embrace failure together.
There is no finish line:
You want to be an entrepreneur, you want to be a boss, take heed that once you start, there is no finishing line, one day you will have generations of people depending on you for a living, you cannot quit and failure is not an option, success is.
So, do you think I should work or should I start a business?
Honestly, it’s easier and less stressful to work for someone 9-5 daily in Singapore, but whatever career you choose, make sure that you are happy, and when you are happy, work is no longer work but a gameplay of realistic RPG(Role-playing Game), which is quite awesome.
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