Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with.
See the original post: Learn to lead. In a startup, the entrepreneur leader has to do two things. First, drive the business creation process, and secondly, inspire all the others. The others include the rest of the team, investors, and customers. That means hands-on leadership and effective communication. Even Startups Can’t Innovate Without a Process Growing economy Economically, this country of 67 million people is characterized by steady growth, strong exports and a vibrant domestic consumer market. Abundant natural resources and a skilled and cost-effective work force help attract foreign investors, and enable them to prosper and develop industry in Thailand.Troubled waters and fishy business
Today, consumers, distributors and even many seafood processors commonly lack basic information about the fisheries from which fish products originate. In general, they cannot know whether the fisheries are overfished or well-managed. They cannot even be assured that the fish were caught legally – a major concern when current evidence suggests that illegal fishing could provide up to around 30% of the wild-caught seafood that reaches global markets and, ultimately, people’s plates. (more…)
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The Future of Thai rice and Thai farmers
This year is the fourth anniversary since Thailand designated today, June 5, as National Rice and Farmers Day. As Thailand has been the world’s top rice exporter for a long time, questions about the future of Thai farmers and their improved livelihood remain unanswered. (more…)
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4 Startups Revolutionizing Social Commerce
In 2010 Mark Zuckerberg said, “If I had to guess, social commerce is next to blow up.” He was right. Social media has changed the way we shop online, and the statistics confirm it. About 81% of consumers receive advice from friends and family relating to a product purchase through a social networking site. And the majority — about 74 % — of consumers rely on social networks to guide their purchases. (more…)
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What Does a Startup Have To Do To Get Noticed?
The space for startups is more crowded than ever. First of all, it’s now international, so you have startups from every country in the world competing for your customer’s attention and their business. (more…)
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Capitalism: A means, not an end
Adam Smith’s notion of the ‘invisible hand’ has guided multitudes of people to promote ends which were not parts of their original intention. The market economy enjoyed its en vogue status throughout the 20th century and into the early 2000s. However, after the subprime crisis in the United States and the ongoing Eurozone crisis, questions have been raised on the efficacy and value of capitalism as the world’s economic system. (more…)
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Thailand is kitchen of the world
The importance of food and agriculture to Thailand is undisputable. About 40% of the population depends on agriculture for their livelihood and it contributes to about 10% of GDP. The country is the world’s leading rice exporter and has successfully positioned itself as the “Kitchen of the World,” with the annual value of food exports expected to exceed 1 trillion baht in 2012.
Thailand has also reduced overall poverty levels in recent years. It has recorded consistent economic growth and at the macro level is a food surplus country. However, access to sufficient affordable and nutritious food at the household level is a critical challenge, particularly in remote rural areas – as in many parts of Asia.
In fact, Asia’s food security challenges are formidable. The region is home to more than 60% of the world’s population and some of the world’s fastest growing economies but has only 34% of the world’s arable land and 36% of the world’s water resources. Complexity is added by …
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Innovation to an Existing Business Can Limit Risk
If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. Notice that I’m not suggesting that you steal someone else’s idea, but simply limit your risk by adding innovation to a proven entity. Evidence of success using this approach is all around us.
Continued here: Learn to sell. Don’t believe the old myth that “if we build it, they will come.” Selling is a learned skill, and takes effort, just like building a product. Everyone in your startup, especially the entrepreneur, needs to understand sales, and needs to be a salesman. Innovation to an Existing Business Can Limit Risk Long–established and newly emerging industries With steady economic development and strong support industries, Thailand's industrial production has grown and diversified rapidly both in long–established and newly emerging industries. …World Economic Forum on East Asia 2012
The 10 member countries of the Association of Southeast Asian Nations (ASEAN) together form an important strategic and economic region with a combined population of over 600 million, a nominal GDP exceeding US$ 1.8 trillion, and a growth rate for the region expected to exceed 5% in 2012 despite ongoing economic turmoil in the Eurozone and the United States. The ASEAN Economic Blueprint has established concrete targets to form a single market and production base by 2015. (more…)
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