#Asia Video: Startups should ride the ‘Silver Tsunami’: Prof Wong Poh Kam

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The World Entrepreneur Forum award winner also points out that having a pan-ASEAN outlook to startups is incredibly important for any company

On October 21, Professor Wong Poh Kam won the World Entrepreneurship Forum’s (WEF) 2015 Entrepreneur for the World Award under the educator category.

Currently a professor at the National University of Singapore as well as the Director of the NUS Entrepreneurship Centre, Wong helped lay the groundwork for Singapore’s startup scene as an instrumental player in setting up the city’s angel investing ecosystem.

Also Read: Video: Reflections from Kickstarter Co-founder Charles Adler

e27 sat down with Professor Wong to discuss Singapore’s place in the Southeast Asian ecosystem, why Asia’s ‘Silver Tsunami’ presents a market opportunity and how he fosters the city’s entrepreneurial spirit.

As the video is nearly 10 minutes long we broke down the time stamps so you can skip ahead to the most interesting sections.

  • 0:05 — It takes a whole ecosystem to nurture an entrepreneur
  • 1:08 — Singapore needs to fill pan-ASEAN market gap
  • 2:43 — Encouraging multicultural teams
  • 3:09 — Investors encouraging a pan-ASEAN approach to business
  • 4:07 — Fostering an entrepreneurial attitude
  • 5:15 — Asia’s aging population presents a market opportunity
  • 6:00 — Asia’s older community is relatively wealthy and active
  • 6:45 — Young entrepreneurs don’t see the elderly as an opportunity
  • 7:20 — Changing the business model of institutions
  • 7:57 — Advice for young entrepreneurs

The post Video: Startups should ride the ‘Silver Tsunami’: Prof Wong Poh Kam appeared first on e27.

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