Wednesday, May 11, 2022

What is startup?

I am working on my first startup since 7th May 2014; it is slightly more than 8 years now.  My first startup is called SoLemMi.com.  A startup is a business related to TECHNOLOGY and Research and Development (R&D).  When you are into a startup business, you must do the following:

1. SEED FUNDING - You must prepare your pitch deck with your business idea and pitch to as many people as possible to be led to investors or angels who can give you money such as RM 500,000 or RM 1,000,000 (1 million) to proceed.  Angels are those people who will give you money without asking for any shares in your business because Angels are very rich and they just want to support entrepreneurs like us by giving us money.  Of course, they might not be an angel while they must be an investor if they ask for equity and business shares from your business. 

2. ACCELERATE PROGRAM or PROGRAM ACCELERATOR - When your business is earning for a consecutive of 3 or 6 months, you are eligible to attend this program to scale-up your business with more investment funds injected into your business such as RM 20 million or RM 60 million from investors.

3. Serie A or Serie B Funding - A larger investment funds will be injected into your business such as RM 100 million or RM 400 million into your business with investors' support.

All these are the right way to do business from Western world perspective and it has been proven as the most powerful investment scheme in the world by creating many job opportunities and developing many nations to walk far from poverty.  Harvard Business School and Silicon Valley, California, USA are helping many people with dreams to form a better world not because they want a lot of money while it is their dream to form a better world for a better civilization for all individuals to live happily with fair scale.  Within this structure and business investment scheme, those with the ownership of Intellectual Property (IP) will get a bigger junk of shares in the business because INTELLIGENCE, i.e. Intellectual Property (IP) is appreciated in this world especially the Western world.  If you think that you are very smart and you must deserve a very high pay just like Ms. Hui-Shin Wong which is USD 140,000 monthly salary, then, you must have Intellectual Property (IP) ownership just like her which can impact the world and save the world.

If you do not know what is Intellectual Property (IP), then, you must do a Ph.D. (Doctorate).  Hui-Shin Wong is a genius, hence, without a Ph.D., she still can work on many Intellectual Property (IP) which can change the world NOT misleading the world like many Chinese decedent people who were claimed that they were very smart yet, they did not get pay at a fair scale.  If you want to know more about Fair? Why?, write to Hui-Shin Wong (huishin2020@gmail.com) to request for consultation.  It is RM 30,000 for 10 minutes consultation service on Fair? Why?. 

If you think that you are extremely smart like Ms. Hui-Shin Wong, you may start to write your thinking and your thoughts into your blog so that through World Wide Web (WWW), people with brain will notice you and gang you as one of our members just like what Ms. Hui-Shin Wong is doing ever since she was a student in STEM.

To date, Hui-Shin Wong has 20 startups, hence, a monthly salary for each startup is SGD 5000 (RM 16,000); in total, she is deserving SGD 5000 X 20 = SGD 100,000.00 monthly salary which is slightly more than RM 300,000 monthly salary plus her Intellectual Property (IP) loyalty since she was a high school student, USD 140,000 monthly; you may know that she is earning this much with her Intelligence, i.e. we called it as Intellectual Property (IP).  

What are you waiting for?  Start a Master degree or a Ph.D. degree now to excel your knowledge in Technology Research and Development (R&D).

Thank you for your attention!

I'm Hui-Shin Wong, Wong Hui Shin or Shyan H. Wong.

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