SIMP Investing

SIMPs

This is the SIMP investing podcast, where we discuss everything and anything finance or business-related SIMP stands for Simplified Integrity Meaning Prudence You can find us on Spotify, apple and google podcasts and don’t forget to follow us on Instagram at @SIMPInvesting https://www.instagram.com/simpinvesting/ read less
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Episodes

Episode 46 - How Felix Started ADPList to Democratise Mentorship and Scaled it to the World's Largest Mentorship Community
01-11-2022
Episode 46 - How Felix Started ADPList to Democratise Mentorship and Scaled it to the World's Largest Mentorship Community
Today on the podcast, we have the great privilege of hosting Felix Lee, the founder of ADPList, a global community of mentors and learners, where people can find, book, and meet mentors around the world. ADPList's mentors include the likes of professionals from Microsoft, Discord, Netflix, Figma, Google, Amazon, Stripe, Twitch, and more. Previously, he was the co-founder and CEO of Packdat which he exited, and design lead for GoTrade.  In this episode, we covered: Felix's entrance to entrepreneurship, how his ventures acquired their first users (both mentors and mentees), the importance of product and design, how ADPList started when Felix wanted to serve the world, how he met his co-founder, how ADPList achieved traction with zero marketing dollar spent, the importance of quality control, the economic model of ADPList, the benefits of VC fundraising and what to look out for, stock options and compensations for employees, the 5 tools he uses and much more!  Learn more about ADPList: https://adplist.org/ Follow Felix on LinkedIn:  https://www.linkedin.com/in/felixleezd/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 45 - How to Build Multiple 7-8 Figures Businesses with Dato Barnabas Huang, Founder of NutriFirst & Huang's Jewelry and MD of UFC Gym SG
18-10-2022
Episode 45 - How to Build Multiple 7-8 Figures Businesses with Dato Barnabas Huang, Founder of NutriFirst & Huang's Jewelry and MD of UFC Gym SG
Today we have the special privilege of speaking to Dato Barnabas Huang, a serial millionaire entrepreneur who has built multiple 7-8 digits revenue businesses that includes NutriFirst, Huang's Jewelry and he is also the country managing director of UFC Gym Singapore.  In today's episode, we covered: How Barnabas hustled his way to high 7 digits revenue with NutriFirst based on the concept of trust and authenticity, the importance of being genuine and wanting to provide value, his hiring processes and how he identifies employees with intrinsic callings, building a community and keeping customers engaged for highest LTVs, effective inventory management of a jewelry business which could have stock that lasts for decades, providing most value at a competitive price point as a strategy with UFC Gym SG, embracing new distribution/sales channels like live streaming on Facebook and much more!  Learn more about Barnabas' businesses:  https://huangsjewelry.com/ https://www.ufcgymsingapore.com/ https://www.nutrifirst.com/ Reach out to Barnabas: https://www.instagram.com/barnabashuang/?hl=en https://www.linkedin.com/in/barnabashuang/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 44 - From a Career in Investments to Selling Out Inventory in 3 months with Charlene Oh, founder of Mooi Beauty & Pawkit
13-10-2022
Episode 44 - From a Career in Investments to Selling Out Inventory in 3 months with Charlene Oh, founder of Mooi Beauty & Pawkit
Today, we have Charlene Oh, the founder of Mooi Beauty, Mooi Teeth and Pawkit on to share more about her entrepreneurship journey from her roots in a career in Finance. Mooi Beauty is a beauty brand that is home to the Mooi Teeth whitening kit that launched at an astronomical pace, selling out 4000 sets in the first 3 months since the company started. The brand is also featured organically in The Straits Times, Clicknetwork, DailyVanity and TheBeautyInsider.   In today's episode, we covered: How Charlene and her partner came up with the product design and idea of Mooi Teeth, the product release cycle strategy of Mooi Beauty, how to create a recurring element for their products and increase LTVs, influencer marketing, the benefits of selling on marketplace platforms like Shopee, the importance of sourcing a strategic supplier, the importance of trust in user acquisition, product expansion and localisation for health products and much more!  Learn more about Mooi Beauty and Mooi Teeth:  https://www.mooiteeth.com/ Reach out to Charlene:  https://www.instagram.com/charleneeeoh_/?next=%2F ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 43 - How To Create A #1 Product Hunt Ranked AI SaaS with ex-SMMA owner Selim from MARKCOPY.AI
22-09-2022
Episode 43 - How To Create A #1 Product Hunt Ranked AI SaaS with ex-SMMA owner Selim from MARKCOPY.AI
Today, we have Selim on the podcast to share about his amazing pivot from being an SMMA owner to a superbly remarkable entrepreneurship venture with Mark Copy. Mark Copy utilises machine learning and AI-related technology to help companies create awesome content that converts. Be it through SEO-optimised blog articles or templated content, Mark Copy has it all. As a testament to Mark Copy's results, it is a number 1 ranked product on Product Hunt. If you're an aspiring entrepreneur looking to build a product in the SaaS and bottom-up Saas space, this episode is a must-listen-to.  In today's episode, we covered: Selim's beginnings as an SMMA owner and how his struggles led to the founding of Mark Ads. Selim's and the company's pivot and how to identify when a company should pivot. Why building an app on Shopify is a great idea. How to find great co-founders. How Selim positioned Mark Copy's products competitively, and how the company found its first clients. The importance of continuously emailing, reaching out and developing a strong sense of urgency in the company's culture. Trends in machine learning and AI algorithmic structures. How the team identified the right audience to pivot the product to? How to develop pricing strategies for SaaS products. The importance of building a community around the product. Why Selim began to embrace a remote working culture and its benefits. Plus many more!  Learn more about Mark Copy:  https://www.markcopy.ai/ https://www.linkedin.com/company/mark-copy-ai/ Join their discord community:  https://discord.com/invite/7GSJYTakj5 ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 42 - How Bevan Scaled Corvan To 8 Figures In Revenue, Digitalised The Business & Established Top 5 Seller on Shopee and Lazada
20-09-2022
Episode 42 - How Bevan Scaled Corvan To 8 Figures In Revenue, Digitalised The Business & Established Top 5 Seller on Shopee and Lazada
Today's guest, Bevan is a close friend of ours, and we're tremendously grateful for his time and sharing. Bevan is the COO of Corvan. Corvan is one of Malaysia's fastest-growing companies in the home appliances industry. Corvan consistently ranks as Lazada's and Shopee's Top 5 in the Small Appliances category. Corvan specialises in developing and bringing home appliances of high practicality and quality to consumers. Today, Corvan serves hundreds of thousands of happy and loyal customers with its bestselling products such as the Corvan Cordless Vacuum, picaMop Cordless Mop and Cordless Waterproof Power Scrub. In today's episode, we covered: Bevan's experiences and learnings from his internship at an e-commerce enabler Nsquared. Why does the concept of e-commerce enablers work and their benefits for large MNCs. How the distributorship, dealer and retailer business model works. The process of attaining an exclusive distributorship from Nito. How Corvan dealt with supply chain disruptions arising from the COVID-19 pandemic. How the pandemic forced Corvan towards digitalisation and creating an online brand presence and operational infrastructure. How Corvan utilised influencer marketing to get the ball rolling for them. The importance of reviews, social medial presence/referrals and serving great products in general. How Corvan manages SKUs, deciding when to add or remove a product from their product list to juggle between variety and economies of scale. The importance of developing technical expertise and product teams to constantly solve customers' pain points and develop great winning products and much more!  Find out more about Corvan's incredible products:  https://www.corvan.com.my/ https://shopee.com.my/corvan.os https://www.lazada.com.my/shop/corvan/ Corvan's socials:  https://www.instagram.com/corvan_asia/?hl=en https://www.tiktok.com/@corvan_asia https://www.facebook.com/CorvanAsia/ https://www.linkedin.com/company/corvan/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 41 - Deploying Millions in Pre-seed and Series A Venture Capital Investing with TRIVE and Christopher Quek
15-09-2022
Episode 41 - Deploying Millions in Pre-seed and Series A Venture Capital Investing with TRIVE and Christopher Quek
High ROIs, Unicorns, SPAC deals, IPOs, eccentric founders, tech, AI, robotics, blockchain, and crypto are some of the terms that are associated with venture capital (VCs) today. But is there all that is to VC? Today, we have the extreme privileged of speaking to Christopher Quek to dive deeper into what Venture Capital investing really entails. Christopher is the founder and managing partner of TRIVE VC. TRIVE is an early-stage VC that focuses on positive impact technology investments in South-East Asia. TRIVE and Christopher have deployed over US$26m of capital into 20 early-stage startups.  In today's episode, we covered: Christopher's entrepreneurial roots, his pivot to incubating startups and eventually launching a VC fund. How to start a VC fund from a regulatory and legal perspective. The "art" vs "science" of early stage investing. How Christopher and his partners managed to secure millions in fundraising. Why VC, SEA and early stage vs private equity or real estate funds? The importance of building a relationship in the due diligence process. The negative screening process of finding the right investors, the value-add of VCs, what happens before and after capital is deployed into a start-up, how early-stage venture capital investments are "hedged" and more!  Reach out to Christopher:  https://christopherquek.com/ Learn more about TRIVE VC:  https://www.trive.vc/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 40 - Daniel Charbonnet: From AWS to Launching All Citizens, a high performance Menswear Brand that Achieved 300% Growth in FY2021
13-09-2022
Episode 40 - Daniel Charbonnet: From AWS to Launching All Citizens, a high performance Menswear Brand that Achieved 300% Growth in FY2021
Daniel Charbonnet is the founder of All Citizens. All Citizens is a direct-to-consumer menswear brand on a mission to democratize comfort and provide comfort, performance and quality to all. His story is a unique one. As opposed to the typical entrepreneur, Daniel had a very successful career in AWS and IBM prior to founding his business. Listen on to find out more about his career switch from consulting at large tech firms to creating an undergarment to solve men's greatest pain point, discomfort around our family jewels. Eventually Daniel and All Citizens raised $1.2m in seed funding and achieved 300% growth in FY2021.  In today's episode, we covered: Daniel's pivot from consulting to entrepreneurship, how he came up with the prototype of All Citizens despite not having a design or clothing background, and how he managed to find great suppliers and established highly efficient operation and return policies to achieve return rates of 1.9% and achieve shipping within just 2 days. How to maximize the SKU catalogue to manage the trade-off of variety and economies of scale in production, the importance of addressing customer pain points and basing the company's every step towards bettering the customers' experience, how All Citizen dealt with demand surge, and the importance of forecasting. How All Citizens acquired its first customers and why ensuring customer happiness is crucial in expansion via referrals. Daniel's marketing philosophy, how to deal with squeezed margins, the importance of a strategic investor and much more!  Find out about All Citizens:  https://allcitizens.sg/ https://allcitizens.com/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 39 - Nicole Yap (8SIANMOM) the Founder of 8SIAN on Web 3, Crypto and Building a NFT Project that made $10mil in Trading Volume in 24 hours
08-09-2022
Episode 39 - Nicole Yap (8SIANMOM) the Founder of 8SIAN on Web 3, Crypto and Building a NFT Project that made $10mil in Trading Volume in 24 hours
Nicole Yap is the founder of 8SIAN, a global, inclusive community that brings together members who share admiration for Asian cultures. The project gathers a large list of influential supporters such as Steve Aoki, Matt Higgins of Shark Tank, and Jaeson Ma, the founder of 88Rising. For us, whose only single NFT buy almost went to zero, this pod is a masterclass on what a successful NFT project and community should be like when managed right.  In today's episode, we covered: Nicole's start to entrepreneurship by reselling luxury fashion wear like Supreme, finding out about and buying Bitcoin at $80,  operating and owning franchisee outlets of Instea, Why she is bullish on NFTs & Cryptocurrencies, how she got into NFTs after learning about VISA's acquisition of Cryptopunks, how being active on NFT discord channels led to her wanting to start 8SIAN, the unique aspects of 8SIAN's roadmap, establishing partnerships with renowned web 2.0 companies like Cider, Uniqlo & Royal Selangor, the unit economics of NFTs, pre-launching, and marketing of 8SIAN, building up and policing the community, how she built up 8SIAN's team, her thoughts on the markets today and how she manages her time wisely and efficiently.  Reach out to Nicole:  https://www.instagram.com/8sianmom/?hl=en Find out more about 8SIAN:  https://www.instagram.com/8siannft/?hl=en Nicole's Podcast (8sian Powerhouse NFT Talk): https://open.spotify.com/show/1uRPAZoA4pdPsTFjleBDBI?si=20cdcf95416d4ee2 ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 37 - Building a Media Empire with Bryan Choo, the Founder of TheSmartLocal, Eatbook SG, MS News and ZULASG
01-09-2022
Episode 37 - Building a Media Empire with Bryan Choo, the Founder of TheSmartLocal, Eatbook SG, MS News and ZULASG
Today, we have the privilege of speaking to Bryan Choo, one of the bigger names we have hosted thus far for sure. Bryan is the founder of multiple companies including TheSmartLocal.com, Eatbook SG, MS News, and ZULASG. Unbeknownst to the majority except for avid fans, Bryan is also a former competitive Starcraft 2 player who has reached rank 1 on different servers on many occasions, his passion for the game has also led to him founding SC2SEA.com, a gaming portal that has hosted eSports competition as well. This pod is a must-listen for those wanting to start a career or a venture in content creation and media.  In today's episode, we covered: Bryan's start to entrepreneurship with SC2SEA.com, the "why" and "how" of the founding of TheSmartLocal.com, how he and the team grew TheSmartLocal successfully after a pivot, creating different specialized media companies to cater to certain demands and outreach, the importance of data in organic and targeted content creation, how Bryan utilizes first principles, his thoughts on TikTok vs Facebook, how Bryan selectively designed the organizational infrastructure of TSL and allocation of resources, how TSL utilized SEO optimization to drive traffic during its early days, thoughts on media tech, blockchain & eSports, and finally providing advice to us on how we can scale the SIMP Investing Podcast.  Bryan's companies:  https://thesmartlocal.com/ https://zula.sg/ https://mustsharenews.com/ https://eatbook.sg/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 36 - How Haoming Turned Huggs Coffee Around After The Pandemic & Digitised The Business
30-08-2022
Episode 36 - How Haoming Turned Huggs Coffee Around After The Pandemic & Digitised The Business
A seasoned entrepreneur, on today's pod, we spoke to Haoming, the managing director of Huggs Coffee. Prior to joining Huggs Coffee, Haoming was the co-founder of Artbox Singapore and brought Shilin Night Market to local shores too, which we are sure many of us have gone to at least one of their events. When speaking to Haoming, we were intrigued by the way he approaches creative ideas and business models and the many mentions of "first principles" thinking. This podcast is a must-listen for entrepreneurs wanting to make things happen.  In today's episode, we covered: Haoming's entrepreneurship journey with Artbox and Invade, and how he managed to convince partners, the government, and consumers to join in on these lifestyle events. How Haoming joined Huggs Coffee and what were the impactful opportunities that he saw then at the heart of the COVID-19 lockdowns. The action plan and strategies for turning Huggs Coffee around and digitalizing the brand through tapping on digital platforms, working on brand and value perception, and more. How Haoming positions Huggs Coffee and fends off "competitors" like Starbucks and Coffee Bean by creating its own niche. Haoming's first few hires to turnaround Huggs Coffee, the advantages of local brands, a unique way of thinking of the franchising business model, and more!  Reach out to Hao Ming: https://www.linkedin.com/in/haominglee/ Learn more about Huggs Coffee: https://www.huggscoffee.com/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 35 - How Ex-Facebook, Ex-Alibaba, Stanford Alum Neo Kai Yuan Founded Rocket Academy & Tips On Becoming An Effective Software Engineer
25-08-2022
Episode 35 - How Ex-Facebook, Ex-Alibaba, Stanford Alum Neo Kai Yuan Founded Rocket Academy & Tips On Becoming An Effective Software Engineer
Today on the pod, we speak to Kai Yuan, the CEO & Founder of Rocket Academy. Rocket Academy is an online coding boot camp that aims to help people become software engineers and has a 100% job placement rate. A highly experienced programmer himself, the podcast episode entails a lot about the intersection between coding and entrepreneurship.  In today's episode, we covered: Kai Yuan's journey and experience working at Facebook/Meta, Alibaba, Nuna, and Dana Cita as a software engineer. What is the most important and underlooked skill of software engineers, how Rocket Academy fights off competitors by not focusing on them, how did Rocket Academy capture its first few customers and partners, how someone should learn to start programming and why the focus on algorithms and Javascript, how to identify if coding is appropriate for someone, the benefits of fundraising from venture capital firms, what he is looking out for in the Edtech space, how he built and scaled the team and more!  Reach out to Kai Yuan:  https://www.linkedin.com/in/kaiyuanneo/?originalSubdomain=sg Learn more about Rocket Academy and its offerings:  https://linktr.ee/rocketacademy ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 33 - Living in Hong Kong vs Singapore As A Finance Professional with Alvin from Watch Jelly
18-08-2022
Episode 33 - Living in Hong Kong vs Singapore As A Finance Professional with Alvin from Watch Jelly
Today on the pod, we have the privilege of having Alvin from Watch Jelly back on the podcast (p.s. Alvin's our first repeat guest!). Besides running Watch Jelly, Alvin actually works full-time in Wealth Management at a Bulge Bracket bank. As compared to most bankers, Alvin actually worked and lived in both Hong Kong and Singapore. Today, he joins the pod to share more about the major differences in both Financial hubs.    In today's episode, we covered: Why Alvin chose to enter Wealth Management, the major differences between working and living in Hong Kong vs Singapore, What aspects of Finance Hong Kong specialise in, and why is Hong Kong lagging in the tech and crypto space. What trends to look forward to in 10 years in Hong Kong, the commodities industry in Hong Kong, and how the COVID situation is being handled there. Lastly, Alvin shared more about the possibility of watch price arbitrages and what to consider for your first milestone watch.  Reach out to Alvin's channels:  Check out his youtube channel here: https://www.youtube.com/channel/UCXKEKkJMgJGmM3SvSfFDs2g Follow him on IG here: @watch.jelly https://www.instagram.com/watch.jelly/?hl=en Follow his BilliBilli here:【WatchJelly的个人空间-哔哩哔哩】 ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 29 - How To Build A 7 Figure eCommerce Pet Business With Sniff & Bark Founder Faith Wu
04-08-2022
Episode 29 - How To Build A 7 Figure eCommerce Pet Business With Sniff & Bark Founder Faith Wu
Today on the pod we have with us, Faith Wu. Faith is the founder of Sniff & Bark, an eCommerce company based in Canada that provides dog accessories such as collars and harnesses that are designed and manufactured with love for dog moms who would do just about anything for their dogs. Besides scaling Sniff & Bark, Faith has transitioned into providing consulting for people who would love to level up their TikTok and social media game by utilizing her proven marketing/creative strategies and experience. In today's episode, we covered: How Faith got into entrepreneurship, transitioning from Finance & a CFA to a full-time entrepreneur, how did Sniff & Bark start, and how Faith scaled the company. How did Faith deal with operations, building her team, distribution, a large variety of SKUs, inventory, processes, and S.O.Ps. Faith also touched heavily on her marketing strategies and why influencer marketing did not work out well for her and what did.   Reach out to Faith and her businesses:  Sniff & Bark: https://sniffandbark.com.co/ Join Sniff & Bark's Ambassador Programme for exclusive discounts and rewards: https://sniffandbark.com.co/pages/ambassador @sniffandbark on Instagram  Faith's Instagram and TikTok: @itsfaithwu Interested parties can also reach out to her on Instagram or TikTok for consulting-related advice  ----- You can find us on Spotify, Apple, and google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only.
Episode 28 - Super Scaling with Alvin Poh, $30M Exits, Founder of CLDY, Super Scaling and Ex-Founder of Vodien
02-08-2022
Episode 28 - Super Scaling with Alvin Poh, $30M Exits, Founder of CLDY, Super Scaling and Ex-Founder of Vodien
Today, we have the privilege of hosting Alvin Poh as a guest on the Podcast. Alvin is a serial entrepreneur who founded and sold Vodien for $30m back in 2017. Today, Alvin directs his efforts to guide serious and aspiring entrepreneurs to super-scale their ventures to the $100k+/Month profit mark. Particularly with a special focus on systems and building a productive team. Additionally, Alvin aims to solve the existing pain points of customers in the web-hosting space with CLDY.  If you're an aspiring entrepreneur or a business owner, definitely go this episode a listen.  In today's episode, we covered: Alvin's entrepreneurship journey and how Vodien transitioned to what it was. How Alvin and the team were able to acquire Vodien's first customers. The importance of systems in scaling, communications, and more. Alvin's 5E concepts. Exiting from Vodien, finding purpose again. Why did Alvin start Super Scaling and CLDY?  Reach out to Alvin: https://www.linkedin.com/in/alvinpoh/ Listen to his podcast where he shares about super scaling: https://open.spotify.com/show/0mJOvWw14GBUeeMifjXDSu?si=7f3d553fe6784dfb Alvin's businesses:  https://superscaling.com/ https://www.cldy.com/sg/ ----- You can find us on Spotify, Apple, and Google podcasts, and don’t forget to follow us on Instagram at @SIMPInvesting. Disclaimer: Before we begin, we would like to put out a disclaimer. The information and content discussed do not constitute financial advice, and serve for educational or entertainment purposes only