EntreCity

16/03/2018

Five years in a row as the most expensive city in the world. This is something all of us including government need to worry about especially if we compare wages with the other expensive cities in the world.

New York and Los Angeles didn't even make the top 10.

02/10/2017

The Straits Times reported an extract of Inderjit Singh's analysis of the issues the Singapore economy faces today and also some recommendations which he feel the government, companies and all of us Singaporeans should consider if we want to create a vibrant Future Singapore Economy.

Inderjit Singh did the analysis based on the feedback I have gotten from many from the private sector and also based on my own personal experiences. Many Singaporeans have expressed concern about whether there is a great future ahead for Singapore.

Inderjit Singh urge everyone to share ideas and suggestions you may have. We all have to take personal interest in such issues as the government alone may not have all the answers in the complex world ahead of us.

Please follow this link http://www.entrecity.com/singapore-future-economy-by-inder…/ for the full write-up.

03/09/2016

Submissions Closed.

Winner will be announced in two weeks once our judges review the submissions of proposal.

http://www.entrecity.com/business-idea-competition/

City of Entrepreneurial Learning and Sharing

26/08/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - The Singapore Story : Nation Building through an Entrepreneurial Mindset

The Singapore Story has been characterized by transformation through Entrepreneurship. Our founding fathers, led by Mr Lee Kuan Yew perhaps characterize the true spirit of entrepreneurship creating the SINGAPORE of today, one that many expected to fail after independence. Singapore faced many challe...

20/08/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Entrepreneurship is a Global Common Language

Entrepreneurship & Social Justice
Even as the world progresses, poverty continues to plague mankind. According to the World Bank, 2.5 billion people live on less than $2 per day. The World Entrepreneurship Forum (http://www.world-entrepreneurship-forum.com/) believes that we can solve this pove...

29/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Entrepreneurship in the Dot Com Era – Part 2: A Business is Still A Business

Our previous article gave an overview of the entrepreneurial boom in the dot com era. In the second part of our series, we begin taking a look at the mistakes that led to the failure of many businesses in the dot com age, and how we can learn from them.

“Any business must consist of a fundamental...

28/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For – Part 6: Broad Horizons

Continuing in our series on what investors look out for when evaluating a start-up, this week we look at the importance of global thinking.

Investors are increasingly looking for a start-up’s ability to think on a global scale. This is especially relevant for a country with as small a market as S...

28/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Entrepreneurship in the Dot Com Era (Part 1)

After taking a look at various factors that make up the art of entrepreneurship, today we begin a new series – lessons learnt from the dot com days.

The transition to a knowledge-based economy in the 1990s saw a lot of enthusiasm regarding how this new economic environment would work. Consequentl...

27/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For Part 4 – Feasibility of Transforming Your Plan into a Business

Previously, we have discussed the importance of having a good, detailed business plan. Potential investors will also be looking out for how realistic your plan is.

Many entrepreneurs have very well thought-out plans with aggressive numbers. While this could be seen as a sign of confidence in one’...

27/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Negotiating the Head and the Heart

Previously, we raised the importance of utilising one’s gut feeling when it comes to making decisions, using the heart to make decisions that seem to defy logic yet yield favourable results. One of the questions you may have is, how do you know when to listen to your heart, and when to listen to you...

26/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For – Part 5: Money Talks

Our previous article looked at the importance of having a business plan that sets out realistic and achievable goals. Related to this is the issue of how you and your team plan to make use of the funds that you have raised. Investors will be paying very close attention to how your funds are allocate...

26/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - When the Head and Heart Disagree

The entrepreneur’s gut instinct is a very important tool in their arsenal. It may be able to see trouble a mile away. But in some cases you may not be able to express it in time to save the company.

Take the time to reflect and to listen to your gut instincts. It may be giving you the signals to ...

25/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For Part 3? Getting Into Details

In our last article we wrote about how important it is to investors to see a strong business plan. We spoke about certain key areas that they look for, namely: opportunities, threats, market size and market share, customers, marketing strategy, competitors, suppliers, risk analysis, financial plan, ...

25/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - A Mother’s Wisdom

"An Arab friend of mine told me that mothers are indeed very amazing people. He shared a personal experience with me about his wife.

He was once carrying his son while walking with his wife, and just after a few minutes he felt the heavy load and his arms started to ache. He then asked his wife h...

24/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For Part 2 : A Good Business Plan

After seeing that there is a strong integrated team on board, the next important thing potential investors and VCs will look for is the quality of the plan, and hence, the quality of the business plan. The business plan is an important document that captures your thought process and your understandi...

24/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Going From Small to Big

Entrepreneurs often do a great job of conceiving ideas and developing them into businesses. They do it best at the start-up stage and especially when the number of people involved is small. Start-ups can go through many changes before a proper company structure can be established.

It is at these ...

23/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Fuzzy Logic in the Decision Making Process

Entrepreneurs use a lot of judgement in the decision making process. But where does this judgement come from? It is definitely some form of process in decision-making, but not a very structured process.
Although it looks like a fuzzy process, there is a lot of thought put in when it comes to makin...

23/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - A Good Team Makes The Difference

Team dynamics plays a crucial role in the development of a company. How well the team works with each other can make or break the team. Investors look at this aspect very closely, because it is something that can carry the team to success or drown them in failure. Following up from our previous art...

22/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For – A Robust Business Plan

Investors are constantly on the lookout for business plans that captures the fundamentals of a business in a clear, succinct and structured manner. Scanning through the business plan will enable a VC to evaluate your understanding of your industry’s key success factors and whether you have identifie...

22/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - A Good Deal Won

As we are discussing on how Entrepreneurs should think with their hearts, we share an instance from Mr Inderjit's Book - The Art and Science of Entrepreneurship, where thinking with his heart, he was able to make a very great business decision.
"When I started United Test and Assembly Center (UTAC...

21/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - The Sixth Sense: Making Decisions

Have you ever been appalled by decisions which seem to defy logic and yet yield such favorable outcomes? An entrepreneur is well-versed in making such seemingly illogical decisions. So what motivates them to look beyond logic when making decisions?
It is because Entrepreneurs think with their heart...

21/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Investors Look For: There Is No I In Team

As an entrepreneur you must ask yourself, “What Do Investors Look For When Deciding To Invest In A Project Or Company?” It is important to answer this question before seeking for funding from investors and we will highlight the main criteria investors look out for before committing themselves.

Th...

20/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Don’t Be an Entrepreneur For the Wrong Reasons

What we have observed is that many have failed to realise the subtle difference between true entrepreneurs doing things for the right reasons, and those doing it as an alternate career choice. Failure to understand this can result in disappointments and quick failures if you are becoming an 'entrepr...

20/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - So What Actually Makes a Good Business Plan?

A good business plan is not one that is very technical in nature. Many people think it should look very professional but in actual fact, a good business plan needs to be easily readable and understood. It is crucial that you are able to convey that you have a great idea, a properly thought out plan ...

19/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - What Comes After The End?

It is always best to keep a business plan clean from too much information. It should not be bogged down with too many details. Instead all non-essential details should be included in the appendices.

As we discussed earlier on, the business plan should be as concise as possible and the plans as fo...

19/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Maybe You Are Not Feeling The Pinch

Today we share a story from The Art and Science of Entrepreneurship by Mr Inderjit. An experience that he had in his past venture that made it clear about passion
“When I joined forces with a group of fresh graduates to start a dot com venture in 1999, I thought I had partnered a group of very enth...

18/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Right Exit at the Right Time

ypically, the exit strategy is not covered as a section by itself in the business plan. It may be subsumed within the financial section. However, the exit strategy is important especially to investors who are concerned with the amount of potential returns and when these returns can be withdrawn from...

18/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Passion or Pressure?

sk any entrepreneur about his journey and you will realize that it is never any easy one. The life of an entrepreneur may be fraught with challenges and uncertainties, which are expected of start-ups that are trying to establish themselves and grow. This may be exacerbated if the entrepreneur lacks...

17/07/2016

New post added at EntreCity - City of Entrepreneurial Learning and Sharing - Why is Passion such a Buzzword??

While passion is widely recognized as the key to success in every field and career, the role of passion in entrepreneurship is amplified. Passion provides motivation and the impetus to move forward which is crucial in entrepreneurship where individuals are self-starters. Without passion, entrepreneu...