PitchDeck Asia presented by Asia Tech Podcast is a regular podcast showcasing some of Asia’s most exciting startups. Each episode, we collate a batch of startup founders who join the show to share their story, the problems they’re solving and their funding requirements. Founders are welcome to submit their startup to The Pitch here. Our goal is to create a platform to help Asian based founders and investors connect through story.
Mr. Malik advises the social enterprises to have the idea that is commercially viable because they do have moral responsibility towards the people who work for them. They should also know how they are going to show their social enterprises value because an investor would not only look at the individual, stories, how they are going to make money but also most important is how they are going to spend the money.
Mohd Affendy talks about his first time raising funds and about his approach in realising the high demand for Sewing in Singapore. He also shares with us about Teag being the leading social enterprise in making their beneficiaries who are un-trained women with problems to be seamstresses. To build the skills they have also secured an exclusive right to conduct sewing training by one of the leading training centres in Singapore.
Elke Pascoe shares with us about her goals for the next two years from now. They are hoping to be out in the shelves selling their products and nourishing the babies and toddlers in New Zealand, Australia, Singapore and Middle East. They aim to produce the best and most natural formula in the market so that every child who uses the product is going to thrive because of it.
Nikhilesh Goel shares with us what is it really like in the journey of a startup. The biggest takeaway from his experience is- if you can handle the constant ups and downs which happen every day and still come out smiling it then this is for you. You either do something new or do it better.
Azmul Haque stresses on the importance to keep an eye on the business model as it is growing and also on the changing regulations. Especially if the startup is dealing with consumers, large corporates or small players they need to make sure they are compliant with the law may it be commercial contracts or pure play regulation.
Ned Phillips summarised the entire show by sharing an interesting perspective for the founders- before the launch of a startup work out why you are doing it because if you are building it to sell it you have to do it the right way otherwise in 5 years time you will find yourself with a company that you cant sell.
Angela and Theresa shares with us about the biggest challenge that they face in early stages of funding- CAPITAL. How do you access the money, where does it come from, is it good or bad money and whether it is strategically beneficial for the company should be the focus points. Following all this, they also face a challenge of being a single founder.
Kineret and Cheryl talks about the importance of accelerators for early stage startups because they have the connections, networks, mentors and they can guide you. No matter whether the startup offers a product or a service they should be able to create traction and thats what the investors are looking for.
Our panelists talk about their learnings in different stages of a startup. It is of utmost importance to ask for advice from the right and relevant people so that you are not misled by the crowd you are not targeting. The startup founder wears a lot of hats at the same time thus having a co-founder shares the efforts that are put in. The key is to do reflections on your failures so as to learn and get better.
Lets talk about traveling with pets. Many people dont understand how difficult it is, correct? -- Its true, many people dont understand unless theyve had to travel with their own pets. In a way its like the divide between having kids and not having kids. Until you have kids, you dont know what its like. Its different for every airline; but what tends to happen is theres a separate cost you pay and youre required to take your pet to a separate part of the airport for cargo. Theres often no signage and no one to help you as you might expect. Pets are often then left in the cargo warehouse for hours while the flight is prepared and all the passengers go through check-in like normal. This is a very scary and stressful process for them.
Lets talk about CarePod. Can you describe what it is? -- Weve developed an entire solution to help people feel better about traveling with their pets. There are essentially two parts: 1) the physical solution and 2) the software side. The pod itself is basically a first class accommodation for pets, designed to help reduce the stress factors they face. Weve tried to design something that increases airflow and ventilation while reducing the amount of visual and noise stress pets are exposed to. During flight pets are in the cargo hold, which is not accessible to passengers, and not designed for comfort. With the CarePod, we try to maintain a low-intensity environment for pets during the entire duration of travel.
Who are you looking for then in terms of investors? What sorts of people do you see really understanding what youre trying to do? -- Weve been surprised by people who get what were doing who may not be pet owners themselves. People who, for example, see tech and design as making the world a better place. Theyve approached us and said we like what youre doing here with better design and better tech. We are also seeing airlines getting it more and more. They realize they need to acquire consumers long-term and they need to cater to a generation who see pets are part of their family and who very much want to travel with their pets.
Lets talk about Vybes. What is it and what are you doing there? -- Vybes is a platform for millions of influencers to sell goods and services they create directly to their followers. We are disrupting the influencer market in a big way, allowing influencers to bypass brands and sell directly to their followers.
Are there people or products that work really well on this type of platform? -- We launched in April, 2018 and were still learning. Its possible though to identify two types of people for whom this works well: 1) people with very niche products, and 2) people who really have superfans that will just buy anything.
As a marketer myself, I am interested in what you call the K-factor. Can you explain what this is? -- The K-factor is how many additional users does a new user bring onto the platform? If each user brings on an additional user, the K-factor is 1. If youre interested, you should look into this as theres a lot of information out there. What we want to do is figure out how to use technology to incentivize people to use our platform without us having to pay for them.
282: Graham Brown – Asia Tech Podcast (PitchDeck Asia)
Passionate about the landscape of the Asian startup market, Graham Brown, founder of Asia Tech Podcast created this platform to give founders of startups a voice and share their stories
There are many amazing woman startup founders out there however they are not able to share their stories. Stories inspire the next generation of talent. Graham has a vision to create an MTV for the startup world
If the founders are going to invest their time in raising money for the business, they should focus on getting traction and have a team as well. More importantly they should find a "number two" to run the business - insights from Rina Neoh, Managing Partner of Platform E