I’ve covered this in my previous article that I’ve written, but I want to dive deeper into this topic as many founders have requested me to write more about this issue.
Your online C2C platform can offer a lot of value to your users. And, it’s a great source of revenue for you.
Disintermediation happens when people bypass your platform and transact directly with each other.
The only way to prevent disintermediation is by making sure that your users are getting more value on your platform than they would from dealing directly with each other.
If you want to keep…
As a start-up, you may have only one person in charge of your company. You are the CEO and everything revolves around you.
But as your company grows, there is a need for more than one person to run it.
You may need someone to take care of sales and marketing, or you may need someone to take care of the finance side of things.
As the company grows bigger, it needs to become more organized and that is where co-CEOs come in.
But having two CEOs in a company can create problems as well as work out great for…
There is a massive, fundamental shift occurring in how commerce is being conducted today and this shift has not only affected consumers but also businesses.
With the advent of technology and internet-based services, there has been a disruption in the traditional model of doing business.
For years, traditional business models have revolved around businesses having to deal with multiple intermediaries and this made doing business very complicated.
This created several problems such as high cost of doing business for companies, issues with customers having to go through multiple steps to complete a transaction, poor customer experience due to complicated procedures…
Let’s face it, retaining users is one of the hardest tasks to do in the world of startups.
You might have created a really cool product and your first step was to make sure that it solves a real problem, and that you have the best solution for it.
The next step is to promote your product and create awareness around it. Once you did that, your first batch of users will be coming in and at this point you might be thinking: “This is great!”
However, as you know by now, creating a successful product isn’t as easy as…
In my previous article I talked about how startups should focus on culture, how it can make or break a startup and how it can be established.
Here are some things that I have learned in the past few years of my career as a startup entrepreneur and founder at my startups.
Culture is like a religion to your company. It should be established at the core of your company and not something that you just add as an afterthought.
It will affect everything else in your company, from hiring, hiring, hiring to work environment, work life balance and so…
Nowadays the E-commerce market is booming and people are making millions from it.
The rise of the digital market has seen the advent of C2C marketplaces.
In this post, we will talk about how to monetize a C2C marketplace and top tips for startup founders who want to start their own marketplace.
If you want to make money from your C2C marketplace, then you have to charge commission on every transaction that takes place in your platform.
In fact, if you want to make huge money, then you have to charge high commission for every transaction that takes place in…
Startup founders have an important role to play in building out a robust SRE team. In order to build an SRE team that delivers on the promise of building a high-performing system, startup founders must have an intimate understanding of the work that is being done by their engineers.
This understanding is needed in order to ensure that engineers are working on the right things, and doing so in a way that will be sustainable over time.
SRE practitioners are skilled at building and maintaining high-performing systems, but this work does not fit neatly into the everyday tasks of software…
The terms angel investor and venture capitalist are often used interchangeably. However, there is a distinct difference between the two. While venture capitalists invest in startups that have the potential to grow into big businesses, angel investors put their money into companies that are either not in business or have just started showing signs of success.
According to a report by AngelList, there are now over 7,000 active angel investors on AngelList alone.
These investors invest their own money into early-stage startups and often mentor them as well. In 2017, $28.5 billion was invested by angels into over 3,000 startups.
I dropped out of my university, Singapore Management University and stopped pursuing my degree in Information Systems. I was supposed to be graduating in Spring 2021.
I did it because I wanted to build something that’s mine.
Not something that belongs to my boss or whoever else.
Something that is built on my own terms, by me without any interference.
Something no one can take away from me.
Something that can never be erased from my resume. A project of my own.
Something that I can show to my friends and family and say “I did this.”
I also wanted…
DevOps and SRE are not the same thing. They are often confused with each other, which is unfortunate because they both do different things.
DevOps, as the name suggests, is a development practice that focuses on “making it easier to build, test, and deploy software”.
This typically involves creating a culture where developers can quickly make changes to their code without needing to ask for permission from their team leads or system administrators.
In some cases this also means that developers take responsibility for monitoring their applications and systems themselves.
SREs (Site Reliability Engineers) are operations engineers who are responsible…