Cultivating entrepreneurial spirit


Foo says a support system, such as an entrepreneurs’ community, is needed for every aspiring entrepreneur to have an accountability partner for a little bit of push.

ABOUT 1,000 aspiring entrepreneurs attended a 14-day online summit to listen and learn from experts in various fields of entrepreneurship.

Organised by the 100x Academy Sdn Bhd, which runs an entrepreneurs’ community called 100x Connects, the 100x Entrepreneurs Summit saw a line-up of 48 speakers comprising participants and professionals from seven countries, namely Malaysia, Singapore, Australia, New Zealand, Israel, Sri Lanka and the United States, sharing their experience and expertise through live talks.

The summit was endorsed by the Entrepreneur Development and Cooperatives Ministry.

At the virtual launch, Deputy Minister Datuk Mas Ermieyati Samsudin said the ministry decided to support 100x’s initiatives with the belief that it would be a leading entrepreneurs’ community in the country.

She said the ministry aimed to cultivate the community with entrepreneurial values and mindset as well as provide support services and platforms for entrepreneurial capacity development.

“We aim to create a holistic and conducive entrepreneurial ecosystem to support entrepreneurship development.

“Also, the 100x Academy’s 100-day ‘100x Start-up Challenge’ is an excellent programme for entrepreneurs to start their entrepreneurial journey.

“Never give up on a dream just because of the time it will take to accomplish it, ” she stressed.

The 100-day “100x Start-Up Challenge” is a one-stop entrepreneur accelerator programme, starting April, that guides aspiring entrepreneurs from business ideation to validation and scaling of their real-life and future businesses.

100x Academy chief executive officer Alfred Foo said the entrepreneurial journey, especially at the start, was a lonely one for many.

Some do not even get the support of their family and friends, he said, hence the need to have a safe entrepreneurs’ community for them to turn to and share their happiness and sorrows.

He said sharing sessions within the community would be therapeutic and would open up collaborative opportunities with other entrepreneurs.

“In today’s competitive landscape, collaborative efforts yield results.

“Successful entrepreneurs will say that they would not have made it alone.

“Everyone needs an accountability partner for a little bit of push, ” he added.

To access the 100x community, visit www.facebook.com/100xconnects.

Registration for the 100-Day “100x Start-Up Challenge” can be done at www.100xconnects.com/startupchallenge.

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