By: Kevin Livingston
If there is one constant with technology start-ups, it is failure.
The concept of “serial entrepreneurs” and the mantra of “fail fast, fail often” are embedded in the startup culture of Silicon Valley and slowly taking hold here. It was even a theme at the June 9 SmartStart awards, a nine-month innovator program for budding tech entrepreneurs.
Speaking at the event, even National Bank of Cambodia Director-General Chea Serey emphasised risk-taking in reference to some of the biggest US tech companies that were founded by people who dropped out of college. “If you have a dream, follow it,” she told the SmartStart group. “I encourage you to take more risk. You are going to fail but you are going to learn.”
While most behind the push for more tech start-ups in Cambodia agree that it is sound advice, what often goes missing legal experts say, is the idea of being legally prepared to crash so you can get back up. Start-ups, they say, also need to know how to attract investors and that requires having their legal house in order.
Read more >> https://capitalcambodia.com/young-start-ups-learn-grown-up-reality/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment