City University of Hong Kong Entrepreneurship Talk Edison Wong 2014 Oct 20th

1. City University of Hong Kong
Entrepreneurship Talk
Edison Wong
2014 Oct 20th

2. Edison Wong
● CEO, PantaRei Design
– hswong3i@pantarei-design.com
● Drupal developer & contributor
– https://drupal.org/user/33940
● HKDUG Co-founder
– https://groups.drupal.org/drupalhk
● History
– 2006 - Bachelor of Engineering (B.Eng.), Internet Engineering,
CUHK
– 2010 - PantaRei Design founded

8. PantaRei Design
● Hong Kong based Free and Open Source Software (FOSS) service provider
– Content Management System (CMS) with Drupal
– Cloud hosting with Amazon Web Services (AWS)
– Team collaborate solution with Atlassian
● Business Partnership
– 2012 - AWS Consulting Partner
– 2013 - Acquia Partner
– 2013 - Atlassian Experts
– 2014 - Rackspace Hosting Partner
● FOSS Contributor
– 2008 - Hong Kong Drupal User Group Co-founder
– 2012 - Drupal Services Provider

9. PantaRei Design (cont.)
● History
– 2010
● Founded by Edison Wong
● Applicant of The Hong Kong Federation of Youth Groups (HKFYG) Youth
Business Hong Kong (YBHK) Programme
– 2011
● Applicant of Innovation and Technology Fund (ITF) Small Entrepreneur
Research Assistance Programme (SERAP)
● Applicant of Hong Kong Science & Technology Parks (HKSTP) Incu-Tech
Programme
– 2014
● Graduate as HKSTP Talent

19. Outline
● Lean Startup
● Business Model Generation
● Agile Management
● 3-3-3 Principal
● Resources for Getting Start

20. Lean Startup
● Scientific Approach
– Creating & managing startups
– Getting desired product to customers' hand faster
● Work smarter, NOT work harder
● Validated Learning

23. Business Model Generation
● A strategic management & entrepreneurial tool
● To design, describe, challenge, invent your
business model

26. Agile management
● Flexible & Interactive
● Complete small portions of deliverables in each
delivery cycle
● Include customer collaboration

29. 3-3-3 Principal
● 1 = Monthly budget
– e.g. HKD100K for a 5 members team
● 3 = 3 Months overall budget
– e.g. HKD100K x 3 = HKD300K
● 3-3-3 = 9 Months business plan
– HKD300K Cash
– HKD300K Account Receivable
– HKD300K Opportunities

30. Resources for Getting Start
● YBHK
● Microfinance Scheme
● Incubation Programmes (by HKSTP)
● Incubation Programmes (by Cyberport)

35. Q&A

36. References
● http://theleanstartup.com/
● http://www.businessmodelgeneration.com/
● http://www.agilealliance.org/
● http://ybhk.hkfyg.org.hk/
● http://www.hkmc.com.hk/eng/pcrm/ourbusiness/mf.html
● http://www.hkstp.org/en-US/Services-Programmes/Incuba
tion-Programme/Overview.aspx
● http://www.cyberport.hk/en/about_cyberport/our_5_cent
res/entrepreneurship_centre/about_ec_incubation_progr
amme/about_ec_incubation_programme_about_the_programm
e

39. Thank You
● Please feel free to contact us:
– Unit 207, 2/F IC Development Centre, No.6 Science Park West Avenue,
Hong Kong Science Park, Shatin, N.T.
– +852 3576 3812
– http://pantarei-design.com/
– sales@pantarei-design.com
● We Are Hiring!!
– UI/UX Designer
– Web Developer
– System Architect
– hr@pantarei-design.com