Plagiarism or Co-incident? Coin sorting wallet designers clash on Kickstarter.

Ever since Kickstarter allows Singaporean creators to launch their projects in September, there has been a rush of projects being listed. Many did not manage to survive the harsh world of crowdfunding and a few will stand and gain media recognition. One of the project that succeeded in doing so is the KIN wallet. Designed by a team of students in the NUS School of Industry Design, the project … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 4)

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Ok, I know I haven’t been writing for quite some time. Truth be told – I have been really busy at work and whatever spare time I had was used for researching on the FBA Private Label experiment or amending the listings I done in my Seller Central Account. Yup the Podcasts on Amazon selling is super addictive. Check out Part 3 here. I still can’t ship inventories to USA Amazon Fulfillment … [Read more...]

Does having a day job mean giving up all your dreams?

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So the end of the year is just around the corner again. This is the time of the year where people start wondering, what have I done with my life this year? Why haven’t I worked on the dream / magnum opus yet? Everyone thinks there are only two choices in life : 1) Slog through your day job and give up on your dreams, grit your teeth and join the daily grind 2) Quit your day job, hopefully … [Read more...]

How To Fly First Or Business Class At A Fraction Of The Cost

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What are some of your most deep-seated assumptions? You know, stuff that you’d never even think about questioning. Like: “You need a college degree to be successful” “Investing is about how well you pick stocks” “Donald Trump will never win the election” How about this one: “Credit card fees are a waste of money” Are they really? Let’s think about this for a sec. Sure, no … [Read more...]

My interview with the creators of Seedly, your personal finance assistant

Last week I wrote about a new personal finance app called Seedly that I’ve started using to track my expenses. It’s one of a kind in Singapore in the sense that it is able to extract transaction information from your bank accounts in the 5 major banks in Singapore and allocate them into expense and income categories. The process is a bit tedious as I need to manually log in to my bank account … [Read more...]

Implications of ANZ’s sale of its Asia Business to DBS

On 31 Oct 2016, ANZ released an announcement that it has decided to sell its Asia business in Singapore, Hong Kong, Taiwan and China to DBS, citing lack of compelling competitive position in the region. ANZ remains committed to growing its institutional business in these regions, but will be unloading all of its retail businesses in the sale. What does this deal mean for investors and consumers? … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 3)

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Ok, this will be a short post and will be continuation of my previous posts (read here and here). I should be getting two samples this week. Actually one of them have arrived in Singapore. However since I am not at home most of the time (through out the day), I have rescheduled the DHL delivery man to come back on Saturday. So yeah, I don’t have the samples with me. I was shown a photo of a … [Read more...]

5 Lessons for Small Publishers from the World’s Largest Board Game Convention: Spiel Essen 2016

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When I first started writing about my adventures in the world of board game design and publishing, I thought that nobody will bother to read my blog. It seems like I was proven wrong. During my walk around Spiel Essen 2016 this year, I went around to say "Hi" to some of the new Asian board game designers and to my surprised, some of them actually recognized me and thanked me for sharing on … [Read more...]

Will SPH acquire The Finance SG?

When SPH announced its plan to cull staff for the next couple of years, it was a sign of times for the media giant. Faced with falling revenues and declining daily newspaper circulation, SPH is grappling with the disruptions of the media industry. Nonetheless, it is important to note that over the past decades, SPH had made numerous acquisitions of online media platforms. Thus, will SPH acquire … [Read more...]

How Can Factoring Help Singaporean Entrepreneurs?

Factoring is a way for entrepreneurs to ensure steady cash flow. While it may not be necessary to use it, all Small to Medium Enterprise (SME) owners in Singapore should at least understand it. There may come a time when a late paying customer impedes cashflow, and getting your money back means the difference between a stellar performance and a missed opportunity (or an expensive loan): What … [Read more...]

Parable of The Monkey Guru

OK, ok I made up this one, so enjoy ... One of the villager read Parable of The Monkey Business posted by Yaruzi and realized that the whole things were rigged, and that monkey market manipulation occurred all the time. Based on this fresh revelation, he tried hard to sniff every movement of the monkey boss syndicate. He bought when he sensed hidden buying by the syndicate and sold when they … [Read more...]

Parable of The Monkey Business

The story below was not written by me, and some of you may have come across it. Nevertheless, there is useful lesson in it. Here it goes.   Once upon a time... in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.   The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.   The man bought … [Read more...]

Eatigo: Model Business Idea For the Future

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Have you heard of eatigo? If you haven't, I really think that you should check it out. It's idea is simple, but ingenious. Some restaurants are empty at certain time of the days. Or some restaurants are emptier than usual because of some situational event. With fixed overheads like rental, staff costs, utilities and also inventory of food to clear, an empty table represents revenue being … [Read more...]

Singapore telco sector loses shine with new entrant likely

Singapore’s telco sector is seing a shakeup with three contenders throwing their hat into the ring to be the republic’s fourth player. This has led Daiwa Capital Markets to downgrade the sector from “neutral” to “negative”. M1 has also been downgraded to “hold” with StarHub and Singtel held at “underperform” and “hold” respectively. The possibility of a new player in the telecom market is … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 2)

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Ok, this will be a short post and will be continuation of my previous post. So yes I got my new logo and brand name from fiverr. There was a slight hiccup as yesterday morning the designer messaged me and told me that he would like to cancel the order as he had too many orders. However, I declined and he offered to do it if I gave him one more day, which I did. So yes I got may logo / … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 1)

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Ok, this will be a short post and will be continuation of my previous post. So what is my progress as to the FBA experiment since my post on 25 Sept 2016? See below: Yes, I managed to create a Seller Account with Amazon. I think I would like to try a Private Label route (read here on how one does wonder with by selling via Private Label), instead of Retail arbitrage method which is buying … [Read more...]

The Future of Singapore Transport 2016

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I just read this piece of news from Today. Amazing. $5 to get to anywhere! That's what SWAT has proposed. So, what's the catch? Advance booking (30mins in advance, or by 10pm the night before) Share ride with others Designated pick up locations (within 300m) The additional limitations because it is in it's initial phase are that location and timings are limited, but of course, as … [Read more...]

We Need Angel Investors In Singapore

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I have a mechanical engineering degree but I have never done an engineering job. I have never thought that I would be an entrepreneur but I became one. BigFatPurse is almost 3 years old and I must say it has been a good and lucky ride thus far. Being an entrepreneur has taught me to count my blessings more readily. Just as I thought that I would never touch engineering again, BigFatPurse … [Read more...]

Relevant FinTech startups for us

I'm a fan of the FinTech Revolution and I believe that FinTech startups will improve the quality of financial services provided to consumers. Before I go into any detail on specific ones that I find interesting and relevant, I should highlight that this is not a sponsored post. In fact, none of my posts so far are sponsored. I have mentioned before that there are no plans thus far to monetise … [Read more...]