Last Friday, Action Community for Entrepreneurship (ACE) organised a fireside chat to discuss how to navigate the challenges of a bear market, together with FAZZ Financial Group and JTC Corporation. Yinglan Tan, founding managing partner of Insignia Ventures Partners, Hendra Kwik, Tianwei Liu, group CEO and group deputy CEO of FAZZ Financial Group shared their valuable insights and experiences with the audience, including founders and startup employees. Here are some takeaways from the event: 1. It’s time for a mindset shift. Forget vanity metrics like monthly active users (MAU) and stay focused on income generating activities. 2. It’s not about cutting people, but always think of how to do more with less. Make sure every team member has this mindset to treat every dollar as their own. 3. Consider getting the right advisor for your startup the way you would when hiring. There was also a networking session for the participants. We thank everyone for making this event a success and look forward to meeting you again. If you are interested to attend similar events to network and learn, please apply to be an ACE member here: https://lnkd.in/gK8JNgC2 Florence Neo, Jerrick Tee, Joseph Khong 康健豪, Suruthi Joy Xavier, Robin M, Kevin Neo, Poh Cai Ling #weareACE #tradeassociation #startup #ecosystem #entrepreneurship #founders #business #leaders #networking #learning
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Group Leader. Academic faculty, Project lead. WSH Safety Trainer. Entrepreneur. Innovator. Associate editors. Invited Keynote Speaker
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