Be inspired by the best leaders of Southeast Asia tech. Jeremy Au is a VC, serial entrepreneur & Harvard MBA interviewing brave founders, investors & rising stars. Build the future, learn from the past & stay human in between. No B.S on success. Get transcripts, startup resources & community discussions at www.jeremyau.com (http://www.jeremyau.com).
New episodes every Monday & Thursday. Looking for more guests from Indonesia, Vietnam, Thailand, Malaysia, Philippines & Singapore. Dad, hiking & tea.
Tsun-Yan Hsieh: Board Leadership (Sony, Dyson & Singapore Airlines), Art of Coaching & Positive Influence - E330
In this discussion, Tsun-Yan Hsieh, Founder & Chairman of LinHart Group, and Jeremy Au talk about three key themes:
1. Board Member Dynamics & Real Conversations: Tsun Yan emphasizes the importance of both strategic and tactical aspects as a board member, drawing from his experiences with companies like Sony, Airtel, Dyson, Singapore Airlines, SingHealth, and Manulife. He sheds light on the essence of real conversations and attributes of results, detailing the significance of pre-meeting dinners and side chats. He believes that being a board member isn't just about agreement, but also about bringing diverse viewpoints to the table. He recalls times when he voiced opinions that went against the grain and urged the board to revisit certain decisions, suggesting they were crucial in ensuring the company didn't overlook potential pitfalls or become complacent in its strategic direction.
2. Coaching, Consulting, and Positive Influence: Tsun Yan explores the art of coaching and consulting. Drawing from his extensive career and his journey in establishing a coaching business, he explains the nuances of providing advice and mentorship. He also discusses his co-authored book, "Positive Influence," and elaborates on the difference between being a leader who merely manages vs. one who truly inspires and drives transformational change. He underscores the distinct strategies required when mentoring fresh minds vs. seasoned professionals. For the former, the approach is more exploratory, given their potential to pivot in their career trajectories, and for the latter, it's about honing and refining skills, as senior executives often seek to perfect their craft or achieve specific leadership milestones.
3. Tsun Yan’s Personal Journey: Tsun Yan reflects on his curiosity from a young age, leading up to his days as a young executive. He narrates instances where he mustered the bravery to engage in lengthy discussions and shares an anecdote about entering a room and holding an engaging conversation for four hours. He shared that it wasn't just about the duration but the depth and quality of the discourse. He also discussed that negotiations and engagements often revolved around facilitating changes, requiring him to navigate the challenges of agreements with top-tier executives and always pushing for the necessary evolution.
They also delve into the evolving leadership paradigms in Southeast Asia, authentic communication in the workplace and how it can foster trust and drive productivity, the significance of continuous learning and adaptation in today's dynamic business environment, and how genuine feedback can be instrumental in shaping the leaders of tomorrow.
Watch, listen or read the full insight at https://www.bravesea.com/blog/tsun-yan-hsieh
Get transcripts, startup resources & community discussions at www.bravesea.com
WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde
Spotify: https://open.spotify.com/show/4TnqkaWpTT181lMA8xNu0T
YouTube: https://www.youtube.com/@JeremyAu
Apple Podcasts: https://podcasts.apple.com/sg/podcast/brave-southeast-asia-tech-singapore-indonesia-vietnam/id1506890464
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZC5jby9icmF2ZWR5bmFtaWNz
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Learn more about Ringkas here: https://www.ringkas.co.id
10/17/2023 • 32 minutes, 16 seconds
Conglomerate Underperformance Bain Report, Super App Business Logic & User Trust Relationship Path - E329
In this discussion, Shiyan Koh, Managing Partner of Hustle Fund, and Jeremy Au, talked about three key topics:
1. Conglomerate Underperformance: Shiyan and Jeremy discuss the Southeast Asia report by Bain & Company, diving into the transformation of conglomerates – entities that once stood as beacons of success and now grapple with dwindling performances. They touch on potential causes of underperformance such as the challenges faced in managing diverse business units, rapid technological advancements, and the rise of competitors. They also talk about key success factors conglomerates need to focus on enhancing core competencies, leveraging synergies across business units, and maintaining a robust governance structure. They emphasized that conglomerates must realign their strategies with the changing business environment.
2. Super Apps and Conglomerate Parallels: Shiyan and Jeremy delve into the similarities between the growth strategies of super apps and traditional conglomerates, both aiming to be the go-to solution for a wide range of user needs. For super apps, this means integrating diverse services like e-commerce, ride-hailing, food delivery, and financial services into one seamless platform to drive user engagement, increase stickiness, and maximize transaction value. However, just as conglomerates faced challenges in managing diverse business units and ensuring consistent quality across all ventures, super apps also grapple with the complexities of offering multifaceted services while retaining user trust and ensuring optimal user experience.
3. Building Trust with Users: Shiyan spotlights Costso’s approach to cultivating and maintaining a loyal customer base. They underline that businesses should focus on curating offerings that genuinely align with users' needs and prioritizing their interests above all else, rather than pushing products and services. They discuss that organic alignment is the cornerstone of a long-lasting, trusted relationship and that adapting to shifts in user interests can sustain relevance in their markets, keeping them ahead of competitors.
They also talk about biotech as an underexplored area in the region, the evolution of game distributors and publishers, the regulatory hurdles startups face across different countries, the gamification of e-commerce, and the behavioral economics behind app designs.
Watch, listen or read the full insight at https://www.bravesea.com/blog/conglomerate-underperformance
Get transcripts, startup resources & community discussions at www.bravesea.com
WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde
Spotify: https://open.spotify.com/show/4TnqkaWpTT181lMA8xNu0T
YouTube: https://www.youtube.com/@JeremyAu
Apple Podcasts: https://podcasts.apple.com/sg/podcast/brave-southeast-asia-tech-singapore-indonesia-vietnam/id1506890464
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZC5jby9icmF2ZWR5bmFtaWNz
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LinkedIn: https://www.linkedin.com/company/bravesea
Learn more about Ringkas here: https://www.ringkas.co.id
Valerie Vu, Founding Partner of Ansible Ventures, and Jeremy Au took a deep dive into Vietnam’s tech and VC landscape. They discuss three main topics:
1. Vietnam’s VC Scene: Valerie shares that the primary driver for her initiative to build a Vietnam VC fund is the glaring funding gap in the country, particularly for early-stage companies that struggle to secure the capital needed for growth. The fund aims to bridge this gap and foster a more robust ecosystem for startups in Vietnam.
2. VNG and VinFast IPOs: They talk about the much-anticipated IPOs of tech giants VNG and VinFast. Valerie points out how VNG's super app, Zalo, brings a unique set of services to its users such as messaging, social networking, and e-commerce, setting it apart from similar apps like WeChat. They also discuss how VNG and VinFast aim to tap into international capital markets and how the U.S. stock market offers them a broader platform to raise significant capital and gain international recognition. Valerie also names companies that are poised for IPOs such as Momo, Tiki, and more.
3. Zalo and TikTok Shop UX: Valerie shares her hands-on experiences as a user of various tech products, such as Zalo and TikTok Shop. She’s impressed with the seamless in-app shopping experience on TikTok, contrasting it with other platforms that require users to leave the app to complete a purchase. She shares how Zalo has deeply localized content that recognizes and adapts to the local Vietnamese audience’s preferences. Jeremy and Valerie also talk about Vietnam's export-oriented economic model and its associated challenges, especially in light of reduced orders from major markets like the US and Europe, the diverse tech ecosystems across Southeast Asia, and the hurdles Vietnamese startups face in terms of profitability and listing regulations.
Watch, listen or read the full insight at https://www.bravesea.com/blog/vietnam-ecosystem
Get transcripts, startup resources & community discussions at www.bravesea.com
WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde
Spotify: https://open.spotify.com/show/4TnqkaWpTT181lMA8xNu0T
YouTube: https://www.youtube.com/@JeremyAu
Apple Podcasts: https://podcasts.apple.com/sg/podcast/brave-southeast-asia-tech-singapore-indonesia-vietnam/id1506890464
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZC5jby9icmF2ZWR5bmFtaWNz
TikTok: https://www.tiktok.com/@jeremyau
Instagram: https://www.instagram.com/jeremyauz
Twitter: https://twitter.com/jeremyau
LinkedIn: https://www.linkedin.com/company/bravesea
Learn more about Ringkas here: https://www.ringkas.co.id
9/10/2023 • 27 minutes, 35 seconds
Request for Startups: LLM for Bahasa Indonesia, Community Unbundling, Wealth Advisors and More
“A lot of social science research reinforces the idea that changing your context helps you change your behavior. Imagine if there was a bot that makes everyone more active. It can egg you on and make the passive dynamic a little bit more active to remind you where your goals are. These are not technically complex and you could see them becoming ubiquitous. These little voices are trying to nudge you in a specific direction.” - Shiyan Koh
“Generative AI is really helpful because there's a trust component. If you have multiple accounts, you traditionally need an agent or representative to support you. There's also a privacy component. I can tell them everything. To some extent, you could trust an AI a little bit more because it's not talking to a human who could potentially talk about the topic over dinner, no matter their NDA. So yeah, that's a really interesting idea. I think that's a good idea. Especially because you know, you can do all the things right? It can be like a real wealth advisor.” - Jeremy Au
“What’s interesting about the things people wish existed is that they weren't that crazy. There were a bunch of requests for things that are not that far off but the challenge is not the technical execution. We’ve seen various versions of these but they've never really taken off because of distribution or monetization challenges.” - Shiyan Koh
In this insightful conversation between Jeremy Au and Shiyan Koh, the Managing Partner of Hustle Fund, they talk about entrepreneurship and forward-thinking perspectives on innovative ventures. The discussion highlights three pivotal areas:
Language Model Advancements: The conversation highlights the potential of exploring Large Language Model (LLM) technology for Bahasa Indonesia, Vietnamese, and Tagalog. The applications of LLM in these languages could revolutionize communication and accessibility, opening up new opportunities for businesses in diverse markets.Community Unbundling and AI: They introduce the concept of community unbundling, where AI-driven platforms can empower individuals to navigate personal finance and health decisions independently. The idea of a personal financial advisor powered by AI that analyzes individual spending patterns is particularly intriguing.AI Applications in Health and Wellness: The conversation delves into the possibilities of AI applications in the health and wellness space. Shiyan Koh and Jeremy Au discuss the potential of AI health assistants, capable of nudging individuals toward their fitness goals and providing personalized feedback on nutrition and exercise choices.
The discussion provides a unique perspective on the intersection of AI and personal management systems, from finance to health, making it a must-listen for entrepreneurs, and anyone interested in the future of AI applications.
Watch, listen or read the full insight at https://www.bravesea.com/blog/request-for-startups
Get transcripts, startup resources & community discussions at www.bravesea.com
WhatsApp: https://chat.whatsapp.com/CeL3ywi7yOWFd8HTo6yzde
Spotify: https://open.spotify.com/show/4TnqkaWpTT181lMA8xNu0T
YouTube: https://www.youtube.com/@JeremyAu
Apple Podcasts: https://podcasts.apple.com/sg/podcast/brave-southeast-asia-tech-singapore-indonesia-vietnam/id1506890464
Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZC5jby9icmF2ZWR5bmFtaWNz
TikTok: https://www.tiktok.com/@jeremyau
Instagram: https://www.instagram.com/jeremyauz
Twitter: https://twitter.com/jeremyau
LinkedIn: https://www.linkedin.com/company/bravesea
Learn more about Esevel here: https://esevel.com/it-services-carepacks/
7/30/2023 • 38 minutes, 56 seconds
Welcome to BRAVE Southeast Asia Tech
2/20/2023 • 50 seconds
Welcome to Brave Dynamics
Welcome to Brave Dynamics. This is your host, Jeremy Au. Leadership is harder than it looks. As a proven founder and Harvard MBA, I interview courageous entrepreneurs, executives and investors every week. I also share my frontline experiences, coaching insights and own professional development journey. If you're stepping up as a new leader, founding a startup or venturing into the great unknown, this is the podcast for you.
For show notes and transcripts, go to www.jeremyau.com