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City University of Hong Kong Entrepreneurship Talk Edison Wong 2014 Oct 20th
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City University of Hong Kong Entrepreneurship Talk Edison Wong 2014 Oct 20th
Transcript of Entrepreneurship Talk
City University of Hong Kong
Entrepreneurship Talk
Edison Wong2014 Oct 20th
Edison Wong
● CEO, PantaRei Design– [email protected]
● Drupal developer & contributor– https://drupal.org/user/33940
● HKDUG Co-founder– https://groups.drupal.org/drupalhk
● History– 2006 - Bachelor of Engineering (B.Eng.), Internet Engineering,
CUHK
– 2010 - PantaRei Design founded
PantaRei Design
● Hong Kong based Free and Open Source Software (FOSS) service provider– Content Management System (CMS) with Drupal
– Cloud hosting with Amazon Web Services (AWS)
– Team collaborate solution with Atlassian
● Business Partnership– 2012 - AWS Consulting Partner
– 2013 - Acquia Partner
– 2013 - Atlassian Experts
– 2014 - Rackspace Hosting Partner
● FOSS Contributor– 2008 - Hong Kong Drupal User Group Co-founder
– 2012 - Drupal Services Provider
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 & entrepreneurial tool● To design, describe, challenge, invent your
business 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 207, 2/F IC Development Centre, No.6 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
