Erupture Hackathon Asia Finals 5-Minute Startup Soup 🫕 Master Talk Highlights

Erupture Hackathon Asia Grand Finals: 5-Minute Startup Inspiration 
Review of the Keynote Lecture: The Master Speaks >>>

Professor Yan Min-Ren, Honorary Dean, iiLABs Industry Innovation Research Institute, USA

Take Away

Winning a StartUp Competition Is Only the Start; Within the First 5 Years of Entrepreneurship, You Must Keep a 'Growth Mindset' and Keep Moving Up

Try More, Embrace Failure. Failure Is the Best Feedback for Testing the Market. Keep Trying, Just Go Do It

Do Not Fall Into the Myth of Success. What Investors Buy Is Not Your Technology, But the Business Value Behind It. So when a startup succeeds for the first time, is it because it happened to match customer demand, or because there is truly a need for real-world market application?

Think about it... Can Other People Replace What You Have?

As Long as a Team Has Two People, Disagreements Are Completely Normal. Many founders eventually go their separate ways, not because they cannot do business, but because they realize it is too profitable! So in the early stage, the equity structure and partners must have a high level of consensus.

Everyone Is Now on the Road to Success. Keep Going!

>>> Want to SeeFor a Great Short Video, Click Here to ContinueCnC Club Official Facebook Fan Page

Attorney Yu Po-Chang, Wan Guo Wan Jia Legal Advisory Group

Take Away

When Doing Cross-Border Business, You Must Understand the Local Legal and Cultural Environment and Manage Risks Well. If You Accidentally Step on a Landmine, You Could Be Taken Down in One Blow.

In Southeast Asia, many Taiwanese business owners in Vietnam and Thailand may think that sending employees for a few days every one or two months on a tourist visa is fine, and the company has not applied for a work permit. But once someone reports it and the police come to inspect and find 'illegal work', the fine is the least of it. You could be barred from entering the country for five years and also face criminal liability!

A startup Is Not a Listed Company. Resources Are Limited, So You Must Fill the Most Dangerous Hole First [Risk Control]

Many corporate tax disputes are caused by 'internal sabotage' and reported by former employees. Most companies do not go under because no one wants their product, or because the service is poor, but because of internal sabotage and problems in 'people' management.

Ask More Questions, Seek Advice from Experts, and Find the Benefactors on Your Entrepreneurial Journey.

>>> Want to SeeFor a Great Short Video, Click Here to ContinueCnC Club Official Facebook Fan Page

 Deputy Secretary-General, Taiwan Listed and OTC Companies Association, Chang Yao-Jen

Take Away

The market Is Constantly Changing. Change Is Both a Crisis and an Opportunity. Take U.S. tariffs as an example: Taiwan has been hit with an increase of more than 30%%, so what is the response? You can go after orders from countries with even higher tariffs and maintain your competitiveness.

A startup should imagine itself as a Supreme Commander, with land, sea, and air all equally strong.

The air force refers to building influence through online communities; the army is the strength of your own team; the sea is vast, and unless you are like Shohei Ohtani and exceptionally strong at everything on your own, you need to find strategic alliances.

When you are on stage, pay more attention to the other competitors. See whether what they have is what you lack.

>>> Want to SeeFor a Great Short Video, Click Here to ContinueCnC Club Official Facebook Fan Page

Yang Han-Chun, Managing Partner, Taiwan Anjie Angel Investment

He Started His Entrepreneurial Journey Early in Silicon Valley, His Company Was Once Ranked Among America's Top 500 Online Retail Companies, He Worked at a SoftBank-Invested Dot-Com Company in the San Francisco Bay Area, Has Experience Operating a Deep Tech Startup Accelerator, and Has Raised Over US$200 Million in Total!

Want to know what advice this person, who has Silicon Valley startup experience, led a national-level accelerator, and is now an institutional angel investor, gives to startups?

Hurry Up and Take Notes Take Away

On Day 1 of Entrepreneurship, You Must Think Globally! And Be Ready to Scale Up!

Many Taiwanese startups initially think they should first build up the Taiwan market and then replicate it overseas. Singapore, with its small population and roughly city-sized scale, has startups that consider the Southeast Asian market from the very beginning!

In Taiwan's early days of going global, the focus was mainly on semiconductors and hardware, where the emphasis was on cost down. That is completely different from today's startups, which compete by discussing how to scale up innovation and sustain growth.

Culture is very hard to replicate. Even when people speak the same language, such as in the United States, Canada, and Australia, cultural differences often take one generation, or even two, to truly understand and reflect.

Before Taiwanese startups go global, they must first understand the local culture, connect with locals, and get to know the 'local insiders'.From an investor's perspective, if an investment cannot generate more than 10x returns, it cannot be considered a good deal. If your startup can earn tens of times its value in Taiwan alone, that's fine; otherwise, you need to think GLOBLE from day one!

Director Xu Zhu-Xian, Taiwan Office of the Arizona Trade and Investment Office, USA

Take Away Key Points

We are currently in an era when Asian enterprises hold their strongest position in history. Asia represents technology, innovative applications, and abundant demographic dividends.

Asian companies still have two areas where they are not doing well enough. First, the cost of 'being seen' is very high. No matter how well your company performs, if no one sees it, what then? That's why media and self-media are extremely important. The era when good wine needs no bush is over; many business leaders now step forward as influencer KOLs themselves. Second, even if people see you, they may not trust you. The cost of 'being trusted' is very high, so choosing a trusted channel is also crucial. For example, in the United States, Y Combinator, Erupture, and CnC Club entrepreneurial services are all platforms that help startups increase visibility and build trust.

This year marks the 20th anniversary of Y Combinator. Twenty years ago, there was no startup accelerator mechanism at all. If you had invested in Y Combinator 20 years ago, you might already be retired by now. But it's never too late - now is the best time to invest in CnC Club.

>>> Want to SeeFor a Great Short Video, Click Here to ContinueCnC Club Official Facebook Fan Page



Dr. Qu Jian-Zhong, Founder of Knowledge Power Technology Dr. Qu's Tech Classroom  

Describing himself as a storyteller under the bridge, Qu Jian-Zhong decided to become a YouTuber after burning through his startup funds! He discovered that many major companies, including MediaTek and TSMC, had only a few thousand YouTube followers, which meant they were either not managing their channels or did not know how to. Seeing this market pain point and demand, he positioned 'Dr. Qu's Tech Classroom' as a platform where experts from every industry share professional knowledge. Now, the Dr. Qu's Tech ClassroomYouTube channel has more than 400,000 followers. How did he build it? 

Managing Communities Key Points 
Building a community platform is very difficult, but if you stand on the shoulders of others, success becomes much easier. YouTube is already a successful platform. 
Taiwan has a lot of startup talent, but lacks horizontal connections, so the R&D innovation of startups is not being seen by the customers who need it! 
Through expert sharing across industries, 'Dr. Qu's Tech Classroom' brings together a powerful network of community resources and relationships, enabling connections that create opportunities for collaboration.
 When sharing knowledge in a community, do not use too much jargon. Explain advanced professional knowledge in very simple and easy-to-understand language. 
An international perspective is very important. If you can speak English more naturally, you may be able to grow your followers tenfold!

>> Want to SeeFor a Great Short Video, Click Here to ContinueCnC Club Official Facebook Fan Page