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Wednesday, October 9, 2013

Startups in Kuala Lumpur Malaysia!

I'm finally living the startup life. After tons of research and tests over the years to see what works in Malaysia's eco-system, I finally found a ground that I am able to dispense myself at. A stable foundation for me to grow. For the past few months, I've learnt a lot of the startup process here in Malaysia.

1) People CAN be categorised stereotypically by their races. Racial Profiling seriously works here.
2) People in Malaysia really CANNOT do anything other than what they are thought to do. If you learn law, all you can do is work in a law firm. If you were to do anything outside of that, It's just not possible and the quality is usually pretty bad. Unless they've been doing that 1 thing that they've been doing for years. They don't have the capabilities to be resourceful. The ones who can? - Those are the rebels who never paid attention in school. (To hire them, they don't need a CV)
3) I understand why foreigners hire by race. Certain races seem to be better than the other o.O . In General of course. There are plenty rare exceptional persons.
4) This is not a country to start businesses in. There are no mentors. Industry experts ARE NOT experts. They're mostly wannabes who are trying to find their way in life as well. The real experts have left the country. Mentors are being mentored by people who aren't really that well versed as well. The ecosystem is broken because no one here has the critical and analytical capacity to pull through. There's a lack of discipline in people's lives. (find mentors in Singapore)
5) The most popular of people are not useful. The people you really want to talk to are those that keep their heads down and mind their own business. You won't see them at every single event that exists in Kuala Lumpur itself. To be able to reach them, you'd need to be able to socialise and go through many different circles of sport, etiquette, networking and (the one that really draws them) Hardwork and Smart conversations. Facebook - it gets you everywhere.
6) Malaysian Entrpreneurs like their education system, made a "routine" that they need to follow to achieve success. *Facepalm* 


7) The eco-system encourages women to get married. I myself was in a conversation with a Leading Startup Icon in Malaysia. He knew of my financial freedom and said that I should just settle down now and get married. Live the life.  This was said as I was seeking advise for beginning the company in Malaysia and conversing of the company to him. #offensive
8) Huge Conferences in Malaysia address nothing. Issues aren't solved, New information is not really discussed and Bringing Silicon Valley or Obama doesn't really do anything for anyone within the ecosystem. (Also, publicity is really bad here)  


All in all, If you're starting a business, Malaysia's not the best places to base your company. Companies can work for 4 years here and not see any returns. They just go around and around in circles. Many Companies who have shifted their base to Singapore immediately find success. BOOM BABY! Then they never come back. By that measurement alone, you can tell that there is definitely something wrong with Malaysia's ecosystem, and not the persons who are doing business here. Tons of money has been pumped into building the entrepreneurial environment...... so why is it not working? Simple. Cause the culture of work here, is nonchalant and apathetic, for most races (yes everything is based on race). #nuffsaid 




Post scheduled at 10/9/13 11.27am. 



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