Friday, March 29, 2019

Reflection on Mapletree Forum

The forum provided me with good insights of the entrepreneurship industry. The various speakers shared about how innovation has brought success to their business. The founder of VersaFleet, Shamir shared on how he integrates technology into the logistics supply chain industry to develop innovative solutions for conventional work processes that consumes a lot of time. Through the help of technology, he was able to develop a new work process that is time efficient. With the growing problem of aging population faced around the world, it is important to increase work productivity to help improve the sustainability of an industry. 

One of the speakers, Eugene shared his experience in the food industry which I thought was very useful. He mentioned the importance of developing a product that has a value to appeal to the intended audience. An example, he gave was the discovering of grasshoppers as an alternative food source by the Israelis to improve food sustainability. He shared that it would be a challenge to convince the public to eat grasshoppers. Hence, he suggested the Israelis to discover the benefits it would bring if people were to eat grasshoppers. The public would be more likely to eat grasshoppers if there were attractive benefits to it. 

Another takeaway from the forum would be the importance of passion to succeed in what you have set out to do. The speakers all shared the same sentiments on the importance of having a certain level of enthusiasm in their entrepreneurship journey. They shared that most entrepreneurs failed because they lost their passion midway. 

Overall, I am grateful to be offered the opportunity to attend the forum.

*Commented on Jordon's, Javier's and Wei Wen's posts.

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