the challenges of a first time entrepreneur
TRANSCRIPT
The Challenges of a First Time EntrepreneurJohnson Goh (吳漢瑞)
Founder - Eumakh.com
First book to influence my decision to be an entrepreneur
Earned Cashas a kid
It’s a long, arduous road
Almost 1M FB fans20k Private Beta
90 minutes on site
Journey was filled with moments like these
Dealing with Failure
Dealing with Failure
Customer Development
Dealing with Failure
Hiring
Customer Development
Dealing with Failure
Hiring
Customer Development
Sales
Marketing
Finance and Accounting
Product Management
Design
Engineering Psychology, Influence
Organization Design
Business Strategy
Blogging
Distribution
Entrepreneurship is a marathonnot a sprint
Entrepreneurship is a marathonnot a sprint
Solve a problem, don’t just work on something cool
Entrepreneurship is a marathonnot a sprint
Solve a problem, don’t just work on something cool
Team is CRUCIAL
Lesson 1: Entrepreneurship is a marathonnot a sprint
Monopoly for the real world
When you first start off, you’re like a beggarDeal with it!
Remember! No One is out of reach
#Fail No. 1
Not used to failing at all
My support network was a big help
Lessons Learnt
The most important thing is to embracefailure
You can reach out to anybody
You need a strong support network ofpeople to cheer you on
Soft skills like Psychology in game design,Business Dev, Product Management, coding
Lesson 2: Solve a problem, don’t just work on something cool
Games with Real World Prizes
Hacked eBay to be our worldwide distribution center
Raised from a Casino Tycoon
Designer of Siri helped us design
Beautiful, Awesome Product
Except, no one cares as it doesn’t solve a problem
Build something people WANT!
Lesson 3: Team is CRUCIAL
You need someone to challenge your assumptions
A company’s success is nothing butthe sum of the decisions made..
A company’s success is nothing butthe sum of the decisions made..
..And the decisions made are nothingbut a factor of the quality of peoplemaking them
Eumakh Co-founder
We argue.. A LOT!
Makes me go like this some times...
Sometimes even like this..
But the sum of the decisions were more rightthan wrong as a result of those arguments
nickname:Hermie
full name:Herman Schaaf
We went through a lot ofcandidates to find him
Lessons Learnt
People are your most important asset
Be picky on who you have on your team
Fight hard to get the people that you feelare right for the team
We want to be CableTV for the web.Guardian curators of the web’s video content
The road is still super long..
Enjoy the Journey,Enjoy the RideJohnson Goh (吳漢瑞)
Founder - Eumakh.com
Join us on this fun ride... Send me an email.. Especially if you look like this.. *slurps*