We have been in Hanoi, Vietnam, from March 7 to 9, 2018 to learn about Entrepreneurship and Innovation in Vietnam. The Society3 and World Innovations Forum Ambassador, Nguyễn Dũng from BKHoldings, Hanoi’s top Accelerator and Co-working space prepared two packed days with insights about Vietnam and a startup event in Hanoi. The two main cities, Hanoi and Ho Chi Min city compete for attention and leadership in a great way. Vietnamese are very competitive people and power worker.

Innovation in Vietnam

Vietnam is on the forefront of innovation in the areas of AI, Blockchain, Crypto currencies and other areas based on the Russian Education System. Vietnamese universities create great mathematicians and scientists who in turn work on the above mentioned topics. Our Innovation & Entrepreneurs event was having a gigantic 7 meter LED display. No more projector needed.

Co-Working & Acceleration in Vietnam

BKHoldings Co-Working Space is certainly a leading example of a highly comfortable, yet very accessible space for young entrepreneurs to work in. But here is not only a work space but also an accelerator, helping young entrepreneurs to be prepared to go after the business quickly and avoid unnecessary mistakes. It’s owner, a young entrepreneur himself created that space in a way that everybody can easily communicate with each other and still has a very professional appearance. And talking about communication: It’s worth mentioning that all startups, investors as well as representatives from universities or government spoke fluently English. It appears that there is a clear understanding that if one will want to do business on a global level has to speak the global language. We noticed that first in Bangkok then in Nepal – English is the universal communication vehicle.

Vietnam will be represented at the upcoming World innovations Forum in Switzerland as one of the highly innovative countries in the world. We will share some more insights in the Vietnamese Startup World and some top startups from several industry segments.

 

Most people associate Nepal with Himalaya, Yak, Temples and Monks. And that’s OK – but that was 20+ years ago. Kathmandu, the capital city is a 6 to 8 Million people mega city. The Universities produce entrepreneurs and scientists and the management schools develop top candidates. And the Entrepreneurial Wave Nepal is on the rise.

Entrepreneurial Wave Nepal, Khem Lakai, Society3 and World Innovations Forum AmbassadorWe have been invited to Kathmandu Nepal, from March 4 to 6, 2018 to learn about Entrepreneurship and Innovation in Nepal and share entrepreneurs experiences from around the world. The Society3 and World Innovations Forum Ambassador, Khem Lakai (Photo) made this three very impressive days for us.  Marita and I learned a lot about this extremely friendly culture which has to offer a lot more than Mountains and tracks – even though it is a breath taking experience being so close to the tallest mountains in the world.

Entrepreneurial Wave Nepal

We saw some very interesting startups in all kinds of fields from Medicine to technology and data management. And prior to the event that was organized by our Ambassador For Nepal, Khem Lakai we had a chance to meet leaders from the university, government, and industry on the campus of the Global Management Academy in Kathmandu.

Entrepreneurial Wave Nepal at Academy For Management Kathmandu

At the Event “Entrepreneurial Wave Nepal” we talked about the need to connect entrepreneurs from all countries to learn from each other, inspire each other and possibly create business partnerships across the globe.

Entrepreneurial Wave Nepal with Axel Schultze, Society3 at Nepal Entrepreneurs Night

In many countries, including Nepal, there is a huge interest in connecting with the rest of the world to learn what is needed, what problems need to be solved and how young entrepreneurs can share experiences from technology issues to business model development or fundraising challenges.

 

During the Entrepreneurial Wave Nepal, Marita Schultze addressed several points that are continuously discussed with female entrepreneurs such as the work/family balance, the perceived differences and why female entrepreneurs should not adopt to a male behavior but instead understand their advantages as a woman. “No need to copy a male entrepreneur’s behavior – put your uniqueness in the foreground instead”.

Entrepreneurial Wave Nepal with Marita Schultze, Society3 at Nepal Entrepreneurs Night

Female entrepreneurship is not just something Nepal will do but already has several years experience of engaged female entrepreneurs.

Podiums Discussion,Entrepreneurial Wave Nepal, Society3 at Nepal Entrepreneurs Night

The podiums discussion only emphasized what we already recognized: Nepal is on the verge to become another highly agile country in Asia that has to be watched and taken serious as one of the most potential innovation countries in the world. Clearly Nepal will be represented at the upcoming World innovations Forum in Switzerland and added to the list of the highly innovation countries in the world.

 

And last but not least, Mount Everest is an absolute must see, letting all innovations behind for a moment and meditate about the wonders of that world.

Entrepreneurial Wave Nepal and Mount Everest

Flying along side the Himalaya Mountain Ridge having Mount Everest straight in front of us.

In the next few weeks we will introduce some of the Nepali Entrepreneurs and what they do. Interestingly enough some actually come already from other countries to start their opportunity here in Nepal. One of them is Tirza Theunissen. but we will talk about her and her amazing project in a dedicated post.

OK in my previous post I talked about the European Digitization Issue. And rather giving it yet another abstract and very complicated explanation what it supposed to be, I’d rather talk about the effects it has today and why we it is a mind set and not a way of using machines. that solve all the problems.

CASE STUDY AMAZON

Beloved by many consumers – hated by many retailers.  Amazon a prime example for digitization. Not only Amazon but many catalog reseller before them understood that it will be impossible in the future to have a store with hundreds of thousands of products to choose from. It will be harder and harder to drive with your car into city centers buying a coffee machine and a mixer and a TV and a few other things and bring it to your car somewhere in a parking garage or actually carry it with a bus. But most importantly the seller with a less privileged brand but a very good product would have no chance to win in such an environment. And as a result we would have only a few global enterprise based products to choose from. The way to solve that problem was to involve the unbiased buyers to share their experience. Recommendations from other users, the information what other users also bought and the whole experience with other buyers was a breakthrough that could only work in a digital environment. Then the idea to let standard seller participate from the Amazon solution was yet another powerful move to integrate other sellers and at the same time make the offer even broader. While we have hundreds of thousands of online shops who are leveraging computer technology and software to sell their wares, it took companies many years to understand that the customer experience is so superior over any others that they could grow to the undisputed market leader. It wasn’t the technology but the mindset of Jeff Bezos to fully integrate the consumer as the most important part of a business success into the digital flow of their business. Today that includes the overview of what was purchased in the past, when, from whom and so forth. Also it included the return process and makes the consumer a part of the entire logistics chain. If we want to analyze Amazon versus other online shops – we may say that the degree of customer integration is by order of magnitude higher than from the other competitors and that could lead to saying the degree of digitization is much higher than from all competitors.

INTERESTING TO NOTE
In several countries or cities innovative businesses like Amazon are pushed out. The top case is Switzerland where companies are inspired to be digitized and innovative, but Amazon is not present in Switzerland. It’s mode so complicated that they give up. Yet Swiss consumers buy hundreds of millions worth of goods from amazon in other countries.

Germany: Crowdfunding startups is a great way to get some seed financing from the public. In most countries the digitization of fundraising is normal. Bafin, the regulatory administration in Germany seem to have no interest in supporting this way of digitization and so it is simply not happening. Germany however is one of the countries pushing digitization the most.

CASE STUDY UBER

Beloved by travelers, hated by taxi organizations. Also Uber is a prime example for digitization. The company was built based on the incredible bad customer experience when standing in line waiting for a taxi and looking at the line of taxis waiting to be used at the Las Vegas Airport. The idea was pushed further by the frustration of those who call a taxi and it never comes as well as the taxis that come to pickup a traveler who in the meantime just grabbed another taxi.  Many taxi organizations have been completely computerized and felt pretty digital but the customer experience was still terrible and the most important part of that business: the traveler was just not part of their digital processes at all. Uber developed a system where the traveler knew where the “taxi” they called is at any given point in time and the Uber driver already had the digital id of the caller and could theoretically request a payment if the passenger would just walk away, Similar to Amazon the widely understood business was disrupted by an organization  that included the customer into the already existing digital processes in a way that it completely outperformed the old business.

INTERESTING TO NOTE
Also here, countries that otherwise call for innovation and digitization, banned Uber as the taxi companies had no better idea to fight back by convincing lawyers and city officials to stop Uber in a different old fashion and somewhat corrupt way. In many cases the lobbyists from the disrupted industries fight back by pulling politicians into the game who don’t really know what is going on and rather block the innovation and digitization then helping embrace it.

SUMMARY

I can share hundreds of similar examples where we can look at Facebook in social networking, Google in search and advertising, HomeAway and Hotels, Expedia and travel agencies, E*Trade and broker business…. and very soon to come Banks, Insurance companies, Car Manufacturer, Hospitals and so forth.  All existing and future cases have one in common: The full integration of the customer experience (B2B and B2C) into the digital workflow will massively attack the old way of doing business.

To the contrary, not only Amazon and Uber are having problem to disrupt an old industry with their innovative models, AirBnB, BitCoin and many others face the same challenge.

Country official look for innovative technology to accelerate digitization. Yet stop it as soon as the degree of digitization is too high “in their very personal opinion, limited by the understanding of the technology and their effects”

Digital is about 60 years old

The world started to go digital in the 1960’s with a big push from IBM. In the 80’s the digital world was developed further by bringing the power of digital to every desktop in form of a PC or laptop. In the 90’s with the rise of the Internet to every home and in the early 2000 years with social media to absolutely everybody and their dog. Digitization also branched out to mobile devices and with the inception of the iPhone computer power was at hand of virtually everybody in every continent by the 2010’s

Our Industry is fully computerized

Businesses obviously ask: “What the hell are they talking about, we have computers we do online banking, we have a website, our machines run with CMC systems, the products are designed with CAD system and the processes with an ERP system.  What is the big push about digital? Even the word digital is more than 30 years old. Right. Modern businesses in most European, US and Asian countries are at that level already. Most businesses have a high level of internal computerization or digitization.

So what is all the fuss about digitization then?

We are fully digital! No – and definitely no – YOU are not fully digitized. Your processes are as old as 30+ years. Your customers do not play any significant part in your processes and the degree of automation that helps customers versus automation that helps your internal organization  is roughly 100:1 in our organization’s favor. So what is digitization then?

I feel sorry but it is a misleading term, that has never been even explained in Europe and is absolutely NOT used in the US. Most of us in Silicon Valley has at least a smile with a sorrow face about Europe. But in the US economy that is actually completely down with no idea how to fix it is thankful for any confusion outside the US to give them time to find ways to fix the country. Unlike in the 60’s, 70’s, 80’s or 90’s where top notch US business people flew to Europe and showed them how to use computers, how to connect them in LANs, how to do e-commerce, how to use the Internet and how to do social media – absolutely nobody come to show us “digitization”. Why? The term does not exist. Google for “Digitization in the US” or “Obama and digitization” you will notice there are only a low number of findings and the content has nothing earth shattering.

Can we call the “digitization” push OFF? Please NO.

Yet there is a reason why Europe needs a weak-up call and the term “digitization” was just a word – unfortunately not explained too well. Compared to the US and now even in super fast growing China, what we call DIGITIZATION is ahead of Europe – again. Why?  Because Europeans follow advice and when reading the explanations that describe digitization or sometimes digitalization, it is so abstract and completely useless that people find their own way into something that is actually 180 degree opposite of the purpose of digitization: completely networked activities. Now – if I describe the term in my way I would do what many others do and at the end we have thousands of interpretations. Therefor I’d rather describe the effects of digitization in our normal day to day lives and in our businesses.

I will do that in the next post.

Innovation gets funded with billions of $ all across the world. Hundreds of thousands of startups get founded every year. Yet 90% of the inventions, patented ideas, startups and corporate innovation labs do not succeed. If our crops would have been treated like our brain crops, humans would have extinct by now.

SOMETHING WENT REALLY WRONG

After a keynote at the European Commission’s Digital Agenda, I discussed a burning question with one of the officers. I asked: “Why is so much money poured into more and more inventions and innovative ideas but absolutely nothing in helping to get them to markets?” The answer was prompt and very clear: “Commercial success is the job of the entrepreneur, not of a government”. While I understood the rational behind the thinking, I still found it odd to let 90% of invested money evaporate, just because a more or less philosophical process. The result is not only lost opportunities but also widening the chasm between rich and poor, putting the leadership position of a nation in jeopardy and risking to loose talents who may find other nations more appealing.

Innovation that can’t be brought to market is of no value for the respective society and should not be funded with tax money.

WHAT PROFESSIONAL INVESTORS DO

The top venture investors nurture their investment from Idea to IPO. It’s the only way to get a significant return on investment. Plus they educate, mentor and coach their portfolio companies to bring them to maximum performance. And the result is stunning. instead of 90 % failure rate it’s only 75%. In other words they doubled the success rate of startups they have invested in. Unfortunately that is the tiny fraction of startups that had the privilege to move to Silicon Valley and get investments from some of the top VCs. But in the end, our “Innovation Crops” deliver a miserable 10% yield, while we know we could get it up to 25%.

We need to change the innovation paradigm

WHAT IS THE VALUE OF INNOVATION

I guess we can agree that innovation is perceived a key driver for progress and growth. But is that true?  Is it the innovation or is it the ability to bring new and different products to market and attract a huge amount of people to support it, buy it or otherwise engage with it. A less innovative product that is produced in huge quantities and attract a large global market is most likely creating more jobs, more revenue, more profits and therefor more taxes for the local community than a product that is much more innovative but nobody knows about it therefor the company may not even survive. The true value of innovation is created at the time that product or service is hitting large markets and get a lot of business.

ONLY SUCCESSFUL INNOVATION MEANS JOBS AND TAXES

If we can agree that a value is only created when the companies grows, creates jobs and pay taxes, we should also agree that funding the urge of developing something is less important that funding the the need to bring it to market. Creative minds will build innovative products whether they get funded or not. But only if economic success is supported afterwards the innovation is gaining in value. And if the core driver for Innovation Funds is job creation and prosperity we may need to reconsider the funding strategy and put some money aside for every amount of money spent in the invention itself.

NEW INNOVATION PARADIGM FOCUSING ON COMMERCIAL RESULTS

A new innovation support program needs to focus on commercial success more than anything else. That includes providing non bureaucratic processes and rules to actually be able to make global trade even as a startup. It means lowering regulatory barriers to an absolute minimum. It also means providing business education to leverage latest techniques for an efficient and successful go-to-market plan – something no university will ever be able to offer. And means that young startups are supported with international networks and concepts to leverage existing trade networks. And of course that some of the funds available for the invention itself is also made available to kick start the commercial success.

 

One of the big hurdles for entrepreneurs trying to grow fast and go international, are trade rules, currency considerations, trust, transaction financing, dealing with letter of credits and much more. Global trade for startups is virtually impossible. After getting global four times with our previous businesses, we decided to make it easy for all young entrepreneurs to go international. We started to design a global trade network, leveraging latest blockchain technology, smart contracts and our own global business know how.

Most super growth tech companies were still too slow

When we look back in time, Facebook demonstrated an unbelievable power of growth, yet it was too late in Asia. The same goes for Uber, Tesla and others. On one side conservative investors argue about speed to go international. Yet later stage investors argue about missed opportunities. Conventional growth techniques just did not allow mach faster growth than the current world leaders showed.

We don’t want to support monopolies, but….

Amazon for instance had a great chance to go global without anybody copying it right way. However new contenders like Alibaba do not stop taking market share bit by bit. That means monopolies find their contender quickly and that is a good thing, because we need diversity and options. But maybe it’s a good idea to give fragile startups an opportunity to go international even faster and then learn to defend their innovation at a later stage.

Blockchain based global trade for startups

Global trading platforms are the most used example when blockchain technology get’s explained to industry executives. However global enterprises can’t just rip out their conventional IT system and replace their gigantic databases with a blockchain. Nobody even knows if a slower blockchain would hold the load. That is very different with startups. Their problem in international trade is the initially small volume. For a blockchain however just right. Bringing thousands of startups quickly on a centralized system would be a nightmare. But using a self regulated decentralized solution a great opportunity. Building out interfaces to adopt the blockchain by a startup is easy – for enterprises a life long project. Making global trade rules standardized through smart contracts can be very easy adopted by a startup that has no real rules today. Just creating all the smart contracts for an enterprise would be a complex undertaking with lots of risks and liabilities.

The Society3 Blockchain would allow technology resellers in any corner of the world to safely buy and sell innovative technology that also comes from any place in the world. Tokenized businesses where anybody can trade anything makes the business much more valuable and much easier to conduct.

What does that mean in reality:

  1. Instead of creating, negotiating and working based on tens of pages of a distributor or sales contract written in many languages and considering many currencies, we invented self executing contracts that define the trade process once and for all. If adjustments are needed in future situations they will be adjusted for future deals as well.
  2. Instead of trying to understand the other trade party and developing some vague sort of trust, all players on the trade platform are authenticated and clearly identifiable. Trust development is taken over by the system.
  3. Orders can be placed by anybody and send to any trade partner. The fully decentralized trade model does not need any “distribution organization” in between. The blockchain and the corresponding user interfaces take care of the transactions and processes.
  4. Shipments are  made by the companies (startups) using any of the freight forwarder who docked onto the platform. Tracking and processing of all documents are taken care of by the blockchain and the corresponding self executing contracts.
  5. Delivery can be made to business partners or directly to end customers. Payments are made in crypto currency and every party takes care of the conversion of crypto into the respective local currency and back.
  6. Smart contracts keep track on both, the order flow and the shipment flow in digital form. Tax and customs documentation can be either printed when necessary or also digitally transferred.
  7. In case of a return due to a defective product, the same process goes reverse.
  8. Transaction cost is covered through miners getting paid for their job in tokens and only over time there maybe a small fee in the sub % range necessary to keep the platform up and running.
  9. Producer, customer, shipper, customs authorities and any other participant can be rated and that way develop reputation over time.
  10. The system provides unparalleled transparency due to its decentralized management at lowest possible cost.

Never before it was so easy to sell and buy products from all over the world to all over the world. Most of the expensive and delay causing intermediaries are reduced to one: the decentralized blockchain.

If you like to be part of the Global Trade System project, influence functionality and beta-test the first version of the GTS as soon as it comes out, please join the group and apply for the project.

GTS Project Application

Application link will be available soon

 

Getting innovation to global markets

Bringing innovation successfully to market is key for prosperity

Nations all over the world pour millions and billions into innovation support – yet only a fraction of those inventions are ever seen their markets. Innovation officers consider bringing those innovations to market the sole responsibility of the entrepreneurs who created them. The job is done when an innovation was funded. An estimated 2% of the innovations funded by the European Commission become eventually successful solutions – the rest of the Millions in funding evaporate.

Instead of taking some of the grants to ensure that the major part of the investments in innovation even has a chance to survive – more money is thrown into ideas that all too often already from the beginning have no chance to get anywhere. This frustrating waste of money time and resources drove us to rethink the core values of innovation.

The initial value of innovation is zero

Any invention or innovative product or service has no value just because it exists. Assume, somebody develops a battery in the size of a matchbox that can host 1 Gigawatt of energy for 500 hours. As long as nobody has access to it, there is absolutely no economic value for our society. That power box does not create revenues, it does not create jobs, it does not give business to trade organizations and no added energy to its actual consumer.

Only if that invention is brought to market, it begins to create an economic value to the economy / society it is made available to. And the larger the geographic range is, the higher the value. Social networks have been in existence in very rudimentary forms before Facebook, LinkedIn and Twitter. But only once the innovation of digital social connections became a user friendly appearance and was brought to large numbers of the population it became of real value. And in almost all cases the value for the company is created when the value for the consumer is created.

Innovation Value

We see a clear correlation between consumer value and innovation value. If we stay with social media media for a moment, we see that correlation in several instances pretty clear. The US social media company LinkedIn started in 2003 and shortly thereafter German competitor Xing. Xing was even able to make it to become the first social media company in the world to do an IPO. However LinkedIn was more appealing to users and was strategically marketed on a global scale. Xing vanished away and LinkedIn dominates that part of the social media tools. The IPO for Xing did not help, the money they gained did not get them to the top. And exactly the same happens in the early phase of a business – when they are still startups.

Switzerland for instance is known for its innovative people and companies. It’s the country with one of the most patents per capita. Yet – in the past 20 or 30 years not a single tech company made it to the top. The innovation was purchased on an very early stage, investors and entrepreneurs chose the quick money over the economic value potential it could have for the country and sold the business, one after the other to companies who mostly siting other countries. The Innovation Value for country of Switzerland is nearly zero because the value creation, job creation, revenue and tax creation is happening in other countries.

Innovation Value and Valuation

Companies like Microsoft, Google, Facebook, Intel, WordPress, and lately Bitcoin dominate the technology related behavior, data usage and providing across the entire planet. All those companies have been considered vastly overvalued and part of a crazy hype. Just a few years later we most realize that the value seem to be OK and even if not, those companies dominate the rest of the world. Recently however the US dominance is broken and another country is becoming the most critical enemy: China. Europeans, Africans, Latin Americans just turn their heads from west to east and now complain about overhyped companies like Alibaba, Baidu, Tencent, Huawei, Xiaomi, Geely and so forth. All those companies shine with their high valuation. And the high valuation in turn attracts investors, talents, consumers and general attention. Only the combination of highly innovative products PLUS well marketed solutions create an economic value for a society by creating large amounts of jobs, revenue and taxes.  And the valuation from far sighted investors is the best indication for the economic potential in the future.

Innovation Value for a Economy / County

A country which does understand that network of value, innovation, valuation, and marketability of their startups and entrepreneurs has a great chance to benefit from the innovation they support, sponsor and fund. For others it is a risk of a large money and brain drain and even worst – like in Switzerland, large sums of money are poured into innovation and those who actually seem to have a great chance to grow are purchased long before the value could provide a return to the donor.

 

First global innovation gathering

In June 2018, for the first time, entrepreneurs, investors, enabler and government officers from around the world meet at the World Innovations Forum. The forum helps to get a better picture about the status quo of global innovation and entrepreneurship. This conference of the visionaries will show how far even emerging countries are and what we can do to help bring innovation  better to market.

Innovation of no value

Around the globe, billions are invested in innovation. However as long as no support is given to bring those innovations to market, the large majority of great ideas evaporate. The World Innovations Forum will address that and help make a change. More innovation need to find their markets and contribute to global prosperity.

Technology at Risk

Artificial Intelligence, Crypto Currency, Robotics, Autonomous Vehicles, Technical Implants, DNA Manipulation and more are considered risky technologies and at the same time great advances of the human mind. We don’t want to have neigh sayer pound on the technology and obsessed engineers defend it. Instead we will discuss many of those topics with those who have a common sense and explore the future evolution of those technologies.

Getting startups into global markets

It’s always too late and always too early when young entrepreneurs grow international. Today’s networked world, digital and online practices and new technologies open up all new opportunities. How can a startup from Nigeria go global 2 years after founding and be in 20 countries a year later? Yes it’s crazy, not health, too fast, irresponsible and way too risky. And yes, it’s the core spirit of entrepreneurship. With the Society3 leadership team having brought 4 companies international within their first four years and today’s technology we will help startups go broad faster than ever before imaginable. Of course with all the risks and challenges and with all the opportunities.

A global entrepreneurial mindset

After all, it is the unbelievable spirit in Silicon Valley that is responsible for driving all the other advantages of the area. Silicon Valley is known to be the epicenter of innovation, the best place to get funded and the most compelling place to work. But if you do a deep dive analysis you find an interesting chain: The amazing mindset of all the like minded people makes working more like fun – not work. With that it makes it easy to learn from each other, probably 10 times faster than anywhere else. If you combine the work energy and the super fast learning, top notch companies are only the result. That attracts investors who in turn learned to nurture that spirit and develop it even further. NOW – since we cannot send millions of startups to San Francisco / Silicon Valley, we need to get creative if we want to increase the success rate of all entrepreneurs.

Creating that spirit in other places has been proven to be possible. Now we want to create it across the world. This is one of the key projects we are kicking off at the World Innovations Forum in June this year.

TICKETS

Unfortunately we have only a very limited number of tickets for this year, about 10 for each of the 25 countries, so please register early to make sure you can join.

Ticket sales is now open.

With 50% external funding rate since its start in 2014, the S3 San Francisco Accelerator is one of the most successful accelerator programs out there. In 2015 Society3 was named top 100 most influential accelerator. Now we will make it available for all entrepreneur in the world – no matter where they live.

AN ONLINE VERSION OF THE SILICON VALLEY MINDSET

It is impossible to get millions of startups to San Francisco / Silicon Valley and have them participate in the unique spirit of open minded people, breaking all barriers to find solutions and collaborate day in and day out to create world class solutions. But what we can do is to create that same spirit and the same connectedness online so everybody can benefit. A mindset is not something that works physically and therefore is independent of the online or offline world.

EIGHT WEEK PROGRAM

The program is restructured for attendees to completely participate online. All workshop sessions will be done during the 8 week program wherever the entrepreneurs live. The typical program requires entrepreneurs to participate in the weekly online sessions on Wednesday where knowledge transfer, reviews and discussions take place. During the week, local or remote mentors maybe available. The anchor elements of the program include:
* Vision & Purpose of your business (1 week)
* Leadership, Talents & Culture (1 week)
* Disruptive business model development (2 weeks)
* Go-to-market strategy (1 week)
* Traction & Growth Hacking (2 weeks)
* Fundraising, from Seed to IPO (1 week)

The first online accelerator program (Flight 7) starts April 11.
Graduation and Demo Day is during the World Innovations Forum in Switzerland in June 2018

APPLICATION PROCESS

If you are interested in joining:
1) Make yourself more familiar with the PROGRAM DETAILS
2) Apply here: PROGRAM APPLICATION

 

 

The two founders of Society3 and the World Innovations Forum, Axel and Marita will be visiting ambassadors in 8 countries in Asia, co-organize local “Entrepreneurs Night Events” and explore key challenges and opportunities to increase success rates of entrepreneurs and corporate intrapreneurs.

There is an enormous engagement to increase the level of innovation all over the world. However most societies work isolated from the other and still live in the old paradigm of keeping everything close to their chest, distrusting others and maintain a rather closed mindset. Our mission is to change that.

It takes a special mindset to bring innovation successfully to global markets.

An economy is only as good as their ability to innovate and progress. What was the US in the last century, the UK before that is China today. And while China is the economic leader in Asia right now, other Asian countries like South Korea, Malaysia, or Japan are high on their heels. Yet, bringing innovation to global markets requires a paradigm shift in mindset. Our mission is not to create even more innovations – but bringing the good ones successfully to global markets. Only then, businesses grow, create jobs, and spark new businesses again.

We are visiting Thailand, Nepal, Vietnam, Malaysia, Singapore, Hong Kong, Mainland China, South Korea and Japan.

Entrepreneurs Nights

Tue Mar 6 Kathmandu, Nepal
Thu Mar 8 Hanoi, Vietnam
Tue Mar 13 Kuala Lumpur, Malaysia
Thu Mar 15 Singapore, Singapore
Tue Mar 20 Hong Kong
Thu Mar 22 Shenzhen, China
Tue Mar 27 Seoul, South Korea
Thu Mar 29 Tokyo, Japan

In each city we will have time to meet with ambassadors, investors, entrepreneurs, sponsors and governments.

We are extremely excited about this tour, meeting many amazing people and sharing our vision of a globally connected innovation meta space that helps entrepreneurs from all corners of the earth to work with each other as if they would sit in the same co-working space.