Now is the best time for start ups

Just flipping through today's Straits Times, there were 2 articles that caught my eye.

Both NUS and NTU, our local universities, are putting more effort into developing start ups and guiding them along to grow. I have spoken to both the entrepreneurial teams at NUS and NTU previously. One thing that I felt was worth it was the network and group of mentors they had. A strategic partnership or mentorship is more important to a new startup as compared to $50k or $100k.

Start ups can maintain being lean by reducing on their operating and fixed costs. Their founders can live off a meagre allowance to drive their hunger to succeed. However, they will need someone to help them open doors and bring them to the next level. Especially for start ups with younger founders whose networks are not as strong.

"Be strong my young one"

The Young CEO