Stone Soup of an Online Business


Incubator for Startup

Posted by: pin on: 01 Aug, 2008

My partner, Yowchuan was one of the few entrepreneurs invited to MMU’s Centre for Commercialization and Technopreneur Development (CCTD) 8 years ago. Through it was merely a 300 sqf of space, but was already big enough for our dream to wonder far. Having the first office there, we never look back again.

If I’m not wrong, there are few incubators in Malaysia, check out the full list of MSC Malaysia status incubators. Looking back, some incubators are just like another MSC, both work like The Real Estate Corridor.

Not only this, some trying to confuse our technopreneur to make them believe that all big dream need some big funding. Yet, at many times, they can’t even tell you if your business model is right? You spent lot of your time attending entrepreneur-related talk and meet up with those ’successful’ businessman who shows you where they are now, but not how to get there!

Working with my interns over the years, I believe we have talented graduates for sure. They are lacking of confident, instead of funding and cubicle space. Talking about this, schools should actually allow them to pursue their dream as early as during their final year project stage, than working on those impractical project to look good in GPA/CPA. If they start earlier, they save more time and prepare themselves better before graduating!

What entrepreneurs want?

The physical space of where they work is never bigger than their dream. When you’re the only one to go off the beaten road after graduating, you need more than the incubator to realize your dream!

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4 Responses to "Incubator for Startup"

1 | Mike Tee

August 1st, 2008 at 4:27 pm

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Very good post, Pin. I gotta agree with you on every point - especially the “going off the beaten road” bit.

It’s a very challenging experience - especially when you see your friends going on the salaried path, working their way up the corporate ladder and seemingly living a very comfortable life not having to worry about paying the bills!

Being an entrepreneur, esp right off graduation, requires either a whole lot of confidence, or a head-full of stubborn cells!

2 | pin

August 2nd, 2008 at 1:24 am

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Mike, I’m thinking of starting a no-frills incubator to help entrepreneur especially young graduate. One day, the beaten road will be the real super corridor and we will have our Local-Larry, which I’m sure there are such talents in Malaysia!

4 | MMU’s Technopreneurship Programs » Stone Soup of an Online Business

August 26th, 2008 at 4:01 pm

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[...] 3-months internship training. We have a great talk. I shared with her about my plan to setup an incubator for young entrepreneurs. And, come to know that Pei Lee has published a paper related to the [...]

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