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EntreCity

EntreCity
The idea behind EntreCity is to help entrepreneurs build successful businesses. We want to achieve this by helping people build an entrepreneurial mindset and to arm them with the technical tools to start and grow businesses. Whether or not you are ready to start a business, EntreCity aims to help everyone to think with an entrepreneurial mindset.

Mentor’s Thoughts Week 54: Your Biggest Asset

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Many a time, businesses assume that their biggest assets are material assets that they own – their offices, for instance, or their property. There is no denying that these are indeed valuable assets. However, any company’s biggest asset would undoubtedly be their people. Your business revolves around people, and it is important to understand that with the right people, you ...

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Sci0042: What Investors Look For – Part 6: Broad Horizons

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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 Singapore. Entrepreneurs in a larger market like the USA, ...

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Ideabase Analysis 8: The Hotbox

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Breakdown Description Company Name The Hot Box Website http://www.thehotbox.com.sg Problem and Solution Anyone who’s stayed on a campus that’s more or less removed from the rest of society, pulled all-nighters and had hunger pangs kicking in at a time when everywhere that sells food is closed, knows the pain of having to resort to junk food from vending machines or ...

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Sci0041: What Investors Look For – Part 5: Money Talks

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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 allocated – after all, part of ...

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Art0049 – Entrepreneurship in the Dot Com Era (Part 1)

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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. Consequently, there was a spike in the number of people ...

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Sci0040: What Investors Look For Part 4 – Feasibility of Transforming Your Plan into a Business

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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’s business plan, investors often prefer more conservative scenarios. Your business plan, therefore, ...

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Art0048: Negotiating the Head and the Heart

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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 your head? The truth is that ...

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Mentor’s Thoughts Week 53: The Ways Of An Innovative Leader.

Eureka! My time has come. As an ADHD-blessed student, I used to daydream and imagine alternate worlds. I also thought about different ways to tackle academic curriculum even though they might not be correct. I looked at words and played with them in my mind. I replaced them with various words and permutation of words, and transformed them into all ...

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Mentor’s Thoughts Week 52: Waves After Waves Of Positive Energy

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It takes a lot of positivity, mental and emotional balance to do what entrepreneurs do(and to succeed at it well). There will be many ups and downs in the journey, but that should not have a negative impact on the product or your customers. Build a positive frame of mind and use that to nurture your creation. “During my flight ...

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