Startups – NFQ Entrepreneurs Playbook

How will the global economy recover from COVID-19?

The past six months have had a catastrophic impact on the global economy and recovery will require serious collaboration between private and public sectors. It’s hard to believe, but even though many countries have been shut down for months, we are still in the COVID-19 response phase. However, I do believe the innovation economy –– where we’ve seen so much […]

by Yung Wu × September 13, 2020 × 0 comments

Anti-Black and Systemic racism – the need for change

For weeks, we’ve been grappling with a pandemic — one of the greatest health challenges humanity has ever faced. Now we are being pulled into historic political challenges, too. Many people in our community are grappling with racism, inequality and a lack of diversity and inclusion. It’s vitally important that we raise these issues with our kids, our friends and […]

by Yung Wu × June 3, 2020 × 0 comments

Is Venture Capital right for you?

I often get asked about the venture financing process by entrepreneurs who are seeking venture funding for their companies. And the thing that I always emphasize is that venture financing IS NOT for everyone. Depending on the entrepreneur and the stage of the business, sources of financing can include family, friends, banks, angel investors, vendors, customers, strategic partners, venture debt […]

by Yung Wu × April 13, 2015 × 0 comments

The fallacy of the BIG IDEA …

On many occasions, I’ve been approached by friends, associates, acquaintances, who want to know what the “secret sauce” is for building a great business. Most of the time, the questions center around “how do I come up with the one, big idea?”. I’ve come to the conclusion that most people who think that they would like to become entrepreneurs, don’t end up doing so because they waste so much

by Yung Wu × April 20, 2014 × 0 comments

Here Is What Is

Entrepreneurs are different–people who see possibilities where others see limitations. But best ideas seldom win, and paraphrasing my friend Daniel Lanois in his film “Here is What is”, people would be surprised how much Creativity comes from Shit. Put into the context of how startups evolve into successful companies, it has become clear to me that the key to later […]

by Yung Wu × February 26, 2014 × 0 comments

Plan for the Worst … Hope for the Best !!

Most entrepreneurs that I have met have the innate gift of being able to “Hope for the best”, to suspend disbelief and to trust in their personal ability to build successes out of their ideas. Their belief in their ability to turn “perceived limitations” into “enabled possibilities” is a key trait that fuels entrepreneurs to travel where others fear to […]