A Ride in the Pedicab: Thoughts on Startups and Juan

I arrived at Rockwell. Got dropped off at Estrella Street. Was going to walk to the Power Plant, but this elderly gentleman asked me if I wanted a ride on his bicycle car. I was happy to hop into the contraption, as it saved me from the walk. It was an interesting experience to ride in the bicycle car, while this pleasant fellow peddled along the street. While he was treading along, a car nearly hit us at an intersection. The man’s bicycle couldn't keep up with the flow of traffic, but he didn’t fret. He brushed the incident off his shoulders like a true boss. After the 5 min bike ride, I get out of his cart and asked him, "Kuya, anong tawag ulit sa bike mo?" He replied with a … [Read more...]

Ambition + Innovation = Startup

If I buy a Jollibee franchise, would that be a startup? If I open a sideline internet cafe while I'm handling my day job - is this a startup? There are several definitions thrown around now about what a startup is and isn't. Here's mine: Ambition + Innovation = Startup First, a startup is all about ambition. It doesn't want to be another player in the market. It aims to be the BEST player in the market, or better yet, it aims to find entirely new blue ocean markets. When I was still in Chikka Asia, one phrase thrown around a lot was "global domination." This is a startup. Morphlabs, a local cloud computing firm recently  was granted 5 million dollars in funding … [Read more...]