#Asia Xiaomi to open first flagship store in Indonesia?

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The consumer electronics company is rumoured to open a flagship store in Jakarta this Friday

30H (1)

Rumours have been circulating that consumer electronics company Xiaomi is currently preparing to open its first flagship store at a high-end mall in South Jakarta.

According to an anonymous source as quoted by Kompas Tekno, the store will be called Mi Home and is set to open on Friday.

At the time of writing this report, there was no confirmed information about how the store will be.

However, referring to the China-based brand’s flagship stores in its home country, it will also serve as a discussion and hangout place for Mi fans. Customers will get to purchase Xiaomi’s products, ranging from smartphones, smart devices, tablets, TVs, power banks and headphones.

Also Read: Xiaomi: From pocket-friendly mobiles to Segways and smart TVs

Xiaomi entered Indonesian market in September 2014 through an exclusive distribution deal with Lazada, with Xiaomi Redmi 1S as the first of its products to enter the market.

As China’s smartphone market starts to get saturated, pre-order purchase for Xiaomi Redmi 1S reached 50,000 buyers when it was first launched on Lazada in Indonesia.

Enjoy 2-for-1 tickets to Echelon Indonesia 2016 now. Do not miss out on Indonesia’s biggest international tech conference!

Image Credit: Gratisography

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#Asia Reverse logistics startup Blubirch gets US$2M angel funding

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The startup will use the funds to expand its services in India and other countries, as well as to strengthen the team

Blubirch Co-founder and CEO Sapan Jain

Blubirch Co-founder and CEO Sapan Jain

India- and Singapore-based reverse logistics services startup Blubirch has secured US$2 million in angel funding from a group of investors, including Chicago Capital Ventures and PE investor Sanjay Mehta, as per an official statement.

The company will use the funds to expand its services in India and other countries, as well as to strengthen the team.

“While technology is at the forefront of what we do at Blubirch, our main focus is to assist our clients to manage their complete range of technology assets. The fund raised will be used to further enhance the technology platform and expand operations across six more cities,” said Co-founder and CEO Sapan Jain.

The startup was established in April 2014 by Jain, along with Jeby Cherian, Amit Goel and Jayathirtha Katti.

Also Read: Bessemer, Blume back ReGlobe in its quest to be the Uber for refurbished goods

It provides solutions for IT asset management and re-marketing, and also deals with refurbished customer returns and excess. It delivers technology reverse logistic services in multiple countries by employing a multi-channel approach – online, offline and resell. The startup deals with assets ranging from enterprise machines to mobiles.

Blubirch cams to have a network of over 3,000 partners across the globe for redeployment.

It now plans to launch its consumer services and expects to reach INR 60 crore (under US$10 million) revenue by early next year.

Headquartered in Bangalore, the startup also has offices in Mumbai and Singapore.

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#Africa Mentorship key to growing startup businesses

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Mentors play a key role in growing businesses, supporting entrepreneurs and enabling SMEs to survive and flourish in tough trading conditions, according to Christo Botes, executive director of South African risk finance firm Business Partners.

Such is the positive impact of mentors, Botes said he has witnessed businesses on the verge of bankruptcy not only recover but be propelled to new levels of success as a result of guidance from a mentor.

Although there are various types of advisors available, business owners should opt for a mentorship approach when seeking advice and guidance. The difference, Botes said, is subtle, as a mentor can play any number of roles.

“A mentor is able to play the role of a strategic adviser, technical expert or business consultant, and sometimes all of them at once. However the key characteristics of a mentor has to do with their experience, attitude and approach. They practice the science and the art of business, not merely the science,” he said.

Business consultants tend to solve specific problems in the business and impart formal, defined pieces of knowledge or procedural know-how, while a mentor strives to impart wisdom based not on textbook learning but instead on their own experience.

Botes said another key differentiation is the motivation behind a mentor’s actions.

“The ordinary consultant will keep within his scope of work and may not consider long term growth and goals,” he said.

“For a mentor, however, success means being able to walk away from a business with the entrepreneur standing solidly on his own two feet. A mentor can also work with a defined plan and for a fee, but gains satisfaction from seeing the client succeed as a result of his work. Even if he is brought in to implement a technical process in a business, he does so with passion, and with a broader view to empower the entrepreneur and the business.”

The greatest insight gained from mentors is their ability to deal not only with the business’ problems, but also the person behind the business.

“An experienced mentor knows that most of the problems in an owner-managed business stem from the quirks and weaknesses of the owner,” Botes said.

When taking the decision to approach a mentor, he said a formal and clear business agreement works best.

“The agreement should include a scope of work, a timeline, measurable outcomes, and clearly defined tasks for the mentor, as well as the business owner. As good mentors are intensely invested in the success of the businesses that they assist, they do not easily tolerate their advice being ignored by a stubborn business owner,” Botes said.

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#Asia Ollie to women in tech: Growth starts with the decision to try

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Gender disparity in tech is a universal problem. The author and serial entrepreneur tells us what needs to be done

Ollie-fin

In 2013, author and serial entrepreneur Aulia ‘Ollie’ Halimatussadiah published Girls & Tech for young Indonesian women aspiring to start a career in the country’s blossoming tech industry. The book highlighted the importance to have more women in tech, profiled high-achieving women in the industry, and shared pro-tip for aspiring female founders.

But she does not stop at writing books.

As Co-founder of Girls in Tech Indonesia (GiTI), a local chapter of the US-based movement, she recently launched business idea competition #WomenWin. In the event, 10 startup founders — all women — pitched in front of judges to win mentoring and technology development opportunities.

Coming out as winners are Vanda Yulianti with Indonesian Kids, a one-stop portal to promote Indonesian culture to kids; Nike Nadia with Help Nona, an online counselling platform for women; and Putry Yuliastutik with Kostoom, an online marketplace for tailors.

“To inspire girls to work in technology, there have to be more role models. So we don’t only talk about me, or Anantya [van Bronckhorst, Co-founder of Think.Web], or Shinta [Dhanuwardoyo, Founder of Bubu.com],” she says.

Ollie has published more than 20 books on fiction and tech business. Her love for writing led her to co-found self-publishing platform NulisBuku and online bookstore KutuKutuBuku, in which she holds the position of CTO. Apart from GiTI, she also runs Startup Lokal, monthly meetings for tech industry players.

e27 sits down with her to find out what Indonesian women need to do to get ahead in the game.

Here are edited excerpts of the interview:

Also Read: Indonesia’s Tunaiku is a fintech ‘startup’ within a bank

Since you published your book in 2013, what progress has been made by Indonesian women in tech industry?

Progress has been great. I don’t have the exact data, but when Dick Costolo [former CEO of Twitter] came here, he was very happily surprised because when he visited the Computer Engineering programme in University of Indonesia; there are already more than 50 per cent of women studying. Back in my time, the maximum was 20-30 per cent.

There are more female students coming to events that I am arranging, and they already have a clear vision for their future startup. I also see more girls, partnering up with boys, using the best of each’s skills to synergise. They have the nerve to come up to me, to pitch or ask for mentoring.

Is affirmative action still necessary? Do we still need an all-women incubator programme?

In a sense, yes. But women-friendly is more like it.

By far, I see that GEPI is the most progressive in this term. It is being led by a woman, Angelyn [Ardiwinata, Executive Director]. Many of its angel investors are women. They even paint the wall pink (laughs).

There shouldn’t be a separate entity especially built for women, but there has to be a balanced proportion between men and women.

Also Read: Innovation is not an issue in Indonesia: Ideosource’s Andrias Ekoyuono

The government plans to introduce coding in school curriculum. Do you think this is enough to encourage more women participation?

In general, I consider that as a progress, not only for girls, but also boys. It’s great to help shape their logic, their thinking ability … to show them early on that coding is actually doable.

What often happens nowadays, girls — and even boys — are often reluctant to enter IT because it gives the image of being unapproachable.

You mentioned in your book that women sabotage themselves by believing that they can’t. How can they tear down this mental barrier?

Growth starts with a decision. To try, to be curious.

After a while, I began to develop a comfort zone. I used to do a lot of coding, but I haven’t done that in a while.

So I gave myself a challenge: Can I create a prototype of a mobile app in 24 hours? Turned out I can. By only using Google and YouTube to search for tutorials, I can came up with a prototype in about three hours.

As long as we have made that decision to move forward, we can.

I am particularly concerned about women who are in an abusive relationship. I want to create an app that includes several speed dials, so in an emergency situation, they only need to press one button and it’ll contact all those numbers.

It’s a very simple concept, and considering how one starts out not knowing how to build an app … Give yourself time, deadline, and you can actually do it.

Also Read: [Podcast] Is Indonesia becoming a one-trick pony?

At a certain age, women tend to leave their career to take care of the family. What can businesses do — especially startups — in order to help them juggle work and family life?

It’s a bit hard for me to answer as I haven’t experienced it. But looking at my peers who had successfully done it, they do it by working flexible hours. Even if they go to the office, there are very decent nursing rooms with nannies available.

Giving women flexible time [to work], with stronger focus on results. And facilities such as nursery rooms. These are the things that really help.

People have different stages in life, and this is what women are going through in their life. I’d say there is nothing wrong with having a ‘down time’.

Women leaders receive criticism not only on their professional side, but also on personal side, such as when Marissa Mayer took only one month of maternal leave. How can women deal with critics?

Understand yourself and your values — that’s the most important. For me, my value is to be creative. To create something that’ll change people’s lives. If I had understand this well, then whatever people may say, it’ll not affect me at all.

If I don’t know myself, I would be insecure.

And for others, I’d advise them to not judge people.

Enjoy 2-for-1 tickets to Echelon Indonesia 2016 now. Do not miss out on Indonesia’s biggest international tech conference!

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#Africa She Leads Africa to expand She Hive workshops, co-working spaces

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Female entrepreneurship support organisation She Leads Africa has announced it will expand its She Hive professional bootcamp and co-working space for ambitious young women to more than five African countries in 2016.

She Leads Africa piloted the She Hive in Lagos, Nigeria concept earlier this year, with over 30 sessions covering topics such as raising seed capital, communicating with your customers and using data and analytics to drive business decisions.

The weeklong bootcamps are designed to help young women develop their career and business skills, join a community of leaders, and network with mentors and investors.

She Leads Africa will next year expand She Hive to reach more cities, connect with more ambitious young women and bring in more pan-African and global experts. Its first stop will be in Accra, Ghana, on January 20-24, with more than 15 sessions of training and mentorship, expert led classes and resources.

“At She Hive Accra, we’ll have a virtual pass for community members who are unable to physically attend the event,” said She Leads Africa co-founder Yasmin Belo-Osagie.

“We’re also launching She Leads Africa co-founder Office Hours which will allow entrepreneurs to book time with an She Leads Africa co-founder to discuss strategy or to review their pitch deck. As former strategy consultants, the She Leads Africa team is trained to help businesses reach their potential and we’re excited to share those skills with our community.”

She Hive will then move on to Abuja, Nigeria, in March, and Nairobi, Kenya in June, with the organisation encouraging members of the public to vote for where they would like to see the She Hive visit. That feedback will help choose the final three cities.

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#Africa JokkoSanté “medicinal cooperative” launches in Senegal

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Senegalese startup JokkoSanté has launched a “medicinal cooperative” with a community of 6,000 inhabitants, allowing customers to recycle their unused packaged medicines in what it describes as the first of its kind in Africa.

Launched in August of last year by Adama Kane, JokkoSanté allows people with leftover medication to sell it online at an affordable rate to those in need.

Users register on the website with a personal account tied to their mobile phone number, which is credited or debited based on medicines sold or bought. JokkoSanté is built to allows ordinary members of the population, philanthropists and NGOs to donate medicine obtain better communication methods and more transparency.

In Senegal, 80 per cent of the working population is not covered by any healthcare system, while as much as 72 per cent of a family’s spending on health is on drugs expenses.

“In this context of scarcity, drugs consumption is not optimised as unused medicines accumulate in families’ first-aid boxes till lapsing,” Kane told Disrupt Africa.

Kane’s answer is JokkoSanté, is a community system for the deposit, storage, sharing, and cross-financing of medicine, merging all families’ first-aid boxes into a single community pharmacy.

“For deprived people, prescription are funded by the private sector under their CSR activities. As a benefit, these private companies are guaranteed an increased and direct visibility as their action are advertised by branded text messages sent to each of the beneficiaries.”

Initially self-funded, JokkoSanté this year won a US$150,000 award from the BMCE Bank of Morocco, and is now looking for US$100,000 to expand its operations throughout Senegal and into other African countries.

“We are finalising our deployment in Senegal in 2016. We aim to cover more than 15 African countries by 2017,” Kane said.

The startup gains revenues from commissions of between five and seven per cent on funds made available by the corporate sector, credit card and mobile money payments, as well as advertising.

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#Africa SA’s Eventerprise raises $400k, plans expansion to UAE, Europe

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Cape Town-based startup Eventerprise, an online portal that allows event hosts to source, review and contact event suppliers, has raised US$400,000 on the back of attending the Web Summit event in Dublin, and is now planning expansion to the United Arab Emirates (UAE), the United Kingdom (UK) and Germany next year.

Disrupt Africa reported last month Eventerprise was travelling to take part in the annual Web Summit event, having spent the last two years honing its product in Cape Town.

The startup claims to provide event hosts with significantly better events with less stress, and suppliers with access to new clients, through its dating service-style portal. Having used South Africa as a test-case, and reached over 7,000 registered suppliers and testimonials, the startup is now planning on taking its idea global after raising funding.

Co-founders Götz Thümecke and Charlie Wright told Disrupt Africa Eventerprise has closed a US$400,000 round from local and international investors, and is looking to raise US$2 million in total.

A lot of work went into making the most of Web Summit, with a team on the ground networking and feeding leads back to a team in Cape Town that followed up electronically and ran a social media campaign.

“We could see a few people were quite overwhelmed in this environment, with over 40,000 participants, 2,000 companies presenting. It is a very down to earth approach,” Thümecke said.

Wright said the whole process was about getting as much exposure as possible for Eventerprise after a long period of developing its product and studying the market.

“We have immersed ourselves into how we catapult ourselves into the market. It’s not only about the product, it is about how we capitalise and profile ourselves,” he said.

“It was a culmination of hard work. The results from Dublin were a trigger to the investors that were waiting on the sidelines.”

The co-founders said Eventerprise’s product was designed to cover a market that is not being covered adequately currently, with the startup having plans to expand to other the UAE, UK and Germany in the first half of next year.

“We’ve developed this in Africa. We are able to prove a lot of elements to the business plan that can catapult it internationally. There’s lots we can do from Africa to take on the world,” Wright said.

And the opportunity is bigger than many people believe, they said.

“There’s a lot of data that isn’t available to the industry. The events industry has been estimated at US$565 billion, but that is purely on documented figures that come from the corporate world. There are no documented figures for the domestic or private market,” he said.

South Africa has been used primarily as a test market for product the co-founders believe has potential to go truly global, and Wright said it had been the right choice.

“It is large enough, it is small enough, it is mature enough, and it is creative enough to be indicative of any events market in the world. It has enabled us to fly under the radar and conduct a huge amount of research on an industry in its full view without exposing ourselves,” he said.

Eventerprise likes to promote the fact that it is not a directory.

We are a hybrid between a web presence and a social media presence. We are an impartial, transparent medium to connect the market,” Wright said.

The event industry, he said, was something of a “wild west”.

“The event industry has no barriers to entry, and no governance. We’re not the police, but we’re out there to install some kind of professionalism,” Wright said.

“We’re going to shake it up a bit, and bring those that are worthy of work to people’s attention. The people that have been in the industry a little bit longer are going to be the ones that are slower out of the blocks.”

Thümecke said Eventerprise was “obsessed” with adding value to those that it is serving.

“It has got huge impact, and when it gets seen as this value maker in the industry, it has got real meaning,” he said.

“We believe that after these rollouts we may be able to do parallel launches, when we have mastered this aspect of local adjustment.”

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#Asia The right way to listen in business

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Listening takes more than just hearing what the other person says

Entrepreneurs, leaders and managers who are close to perfecting the art of listening are likely to do better than those who lack basic listening skills. Listening is a far-reaching skill that will, at the very least, help you do one of two things:

  • Build a team and work environment founded on creativity and respect
  • Create and offer a product or service that prospective customers genuinely want to purchase.

Looking at it both ways

A company is likely going to benefit if everyone feels like they are included and a part of something. This will start a positive chain reaction. When people feel listened to, relationships are strengthened and team dynamics improve drastically.

Creativity starts flowing as people begin to feel more confident in themselves.

When creativity starts to flow, it’s easier to create and offer a product or service that prospective customers genuinely want to purchase. This all stems from the moment that team members feel comfortable putting forward their ideas and responses, knowing that they will be acknowledged and considered. The feeling leads to more innovative thinking which can help push a company towards coming up with the best way to package a product or service for its target audience.

Learning to listen the right way

It may not exactly be surprising to hear that listening is a skill, but it’s definitely worth examining carefully. The only way to become a better listener is to practice doing it. As entrepreneurs, many of us tend to not listen as effectively as we could.

Also Read: Define your message, empower your presentation

Sometimes your ears are wide open and you’re fully focussing on what someone has to say, and other times people assume they already know what they are about to hear and tune out, getting it wrong right from the beginning.

There are also times when people listen and react defensively immediately, a move which is the most detrimental by far — especially when you’re trying to run a business successfully.

Fortunately, there are a few ways to minimise these issues:

Change your mindset: Despite what someone says to you, you should be ready to take responsibility as opposed to allocating blame. You need to motivate yourself to fully understand the issue at hand.

Try listening without judging: The people in the conversation’s views may be veering in a direction completely opposite to your own. But this should inform you that the other person’s perception has its own validity.

Through constructive criticism, entrepreneurs and leaders can identify areas of weakness in themselves and others, which can be improved upon.

Take some time to comprehend what was said: After the person is done speaking, take some time to summarise what was said and ask the speaker to clarify whether your understanding matches their point of view. This should help you sum up everything you’ve heard and fully process the information.

Also Read: 3 lessons on building a great company from Air Asia’s CEO Tony Fernandes

It may seem simple enough, but many leaders don’t listen carefully. They follow bad practices like constantly thinking about the next response or argument, mentally disagreeing with the speaker before they even finish, making evaluations and judgments and allowing their minds to wander.

But if you’re looking to build a successful business, understanding the basic concept of listening to others should be step one on your to-do list.

Stanley Meytin is the Founder and Creative Director at True Film Production, a New York City-based video production company that creates videos for businesses and brands all over the world. Known for his creative visual storytelling, brand building and digital marketing expertise, Meytin has helped many businesses establish their company image and transform into iconic brands. Meytin’s expertise is fuelled by his passion for bringing ideas to life, which is evident in the work provided to his clients and in his attitude towards existing and future entrepreneurial ventures.

The Young Entrepreneur Council (YEC) is an invite-only organisation comprising the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship programme that helps millions of entrepreneurs start and grow businesses.

Image Credit: Fairmacy/Shutterstock

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