it entrepreneurship talk - city university of hong kong
TRANSCRIPT
City University of Hong Kong
IT Entrepreneurship Talk
Edison Wong2015 Jan 27th
Wong Hoi Sing, Edison● CEO, Founder, PantaRei Design
– 2009, PantaRei Design founded
– 2010, HKFYG YBHK applicant
– 2011, ITF SERAP applicant
– 2011, HKSTP Incu-Tech applicant
● FOSS and Drupal Developer, Contributor and HKDUG Co-founder
– 2000, Debian GNU/Linux 2.2 ('potato')
– 2005, Drupal Developer
– 2008, BarCamp HK Speaker
– 2008, HKDUG Co-founder
– 2011, Drupal 7.x Core Contributor
● https://www.drupal.org/u/hswong3i
PantaRei Design● Everything Changes and Nothing Remains Still● Reinvent Enterprise with Open Source Software and Cloud Computing● Hong Kong based FOSS service provider
– Content Management System (CMS) with Drupal– Cloud Hosting Solution with Amazon Web Services (AWS)– Team collaborate solution with Atlassian
● Business Partner with industry leaders– 2012, AWS Consulting Partner– 2013, Acquia Partner– 2013, Atlassian Experts– 2014, Rackspace Hosting Partner
PantaRei Design (cont.)
● History– 2010
● Founded by Edison Wong● Applicant of The Hong Kong Federation of Youth Groups (HKFYG) Youth
Business Hong Kong (YBHK) Programme
– 2011● Applicant of Innovation and Technology Fund (ITF) Small Entrepreneur
Research Assistance Programme (SERAP)● Applicant of Hong Kong Science & Technology Parks (HKSTP) Incu-Tech
Programme
– 2014● Graduate as HKSTP Talent
Outline
● Lean Startup● Business Model Generation● Agile Management● 3-3-3 Principal● Resources for Getting Start
Lean Startup● Scientific Approach
– Creating & managing startups
– Getting desired product to customers' hand faster
● Work smarter, NOT work harder● Validated Learning
Business Model Generation
● A strategic management & entrepreneurialtool
● To design, describe, challenge, invent yourbusiness model
Agile management
● Flexible & Interactive● Complete small portions of deliverables in
each delivery cycle● Include customer collaboration
3-3-3 Principal
● 1 = Monthly budget– e.g. HKD100K for a 5 members team
● 3 = 3 Months overall budget– e.g. HKD100K x 3 = HKD300K
● 3-3-3 = 9 Months business plan– HKD300K Cash
– HKD300K Account Receivable
– HKD300K Opportunities
Resources for Getting Start
● YBHK● Microfinance Scheme● Incubation Programmes (by HKSTP)● Incubation Programmes (by Cyberport)
Q&A
References
● http://theleanstartup.com/
● http://www.businessmodelgeneration.com/
● http://www.agilealliance.org/
● http://ybhk.hkfyg.org.hk/
● http://www.hkmc.com.hk/eng/pcrm/ourbusiness/mf.html
● http://www.hkstp.org/en-US/Services-Programmes/Incubation-Programme/Overview.aspx
● http://www.cyberport.hk/en/about_cyberport/our_5_centres/entrepreneurship_centre/about_ec_incubation_programme/about_ec_incubation_programme_about_the_programme
Thank You
● Please feel free to contact us:– Unit 326, 3/F Building 16W, No.16 Science Park West Avenue,
Hong Kong Science Park, Shatin, N.T.
– +852 3576 3812
– http://pantarei-design.com/
● We Are Hiring!!– UI/UX Designer
– Web Developer
– System Architect