Mr Christopher Yeung, Founder of Carshare.hk (www.carshare.hk)

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From the course by The Chinese University of Hong Kong

Entrepreneurship

12 оценки

The Chinese University of Hong Kong

Entrepreneurship

12 оценки

Course 3 of 4 in the Specialization Doing Business in China

An entrepreneur is someone who is always on the lookout for problems that can be turned into opportunities and finds creative ways to leverage limited resources to reach their goals. In this course, learners will be introduced to the fundamental concepts, theories, and frameworks of entrepreneurship and learn how to apply them within the context of the world's largest market: China. Through cases, articles, and experiential learning, learners will gain expertise in how to identify and evaluate opportunities; interpret, analyze, and build financial models to enable high-growth ventures; practice living life as an entrepreneurial leader; and create a new product or service for the Chinese market.

From the lesson

Module 1: What Is Entrepreneurship?

In this first module, you will learn to appreciate the mindset of an entrepreneur. If you are thinking of starting your own business, it is critical for you to adjust yourself to be one if you want to succeed.

Mr Desmond Marshall, Managing Director of Rouge International (www.RLSCLUB.com) and Rouge Ventures (www.RougeVC.com)1:49

Mr Emil Chan, Co-founder and CEO of Starthub Holding Ltd (www.starthubhk.com)1:37

Dr Witman Hung, Principal Liaison Officer for Hong Kong of Shenzhen Qianhai Authority (www.szqh.com.cn)6:48

Mr Christopher Yeung, Founder of Carshare.hk (www.carshare.hk)2:36

Ms Jah Ying Chung, Founder and Air Marshal of Launchpilots (join.launchpilots.com)3:00

Meet the Instructors

Prof. Dominic Chan
Associate Director, EMBA Program, Associate Professor of Practice in Entrepreneurship, Project Director, Centre for Entrepreneurship
Department of Decision Sciences and Managerial Economics

But why would you want to be

an entrepreneur?

Um, well, I have brief experience

working for corporates.

I think one of the… one of the main

reason I wanted to become an

entrepreneur at this age or at this timing

is because I think the opportunity cost of

starting a business is the lowest when

you've just graduated. (Right) And when

you grow older, when you have your own

family, you probably will need to have

the security of supporting your family; so

I chose to first experience on my own to

start a business first. There are actually

pros and cons of of it.

The pros is you have a low opportunity

cost, but also the con is that you would

lack of experience from from the

business world. Em, but I think so far

because of the Internet age as everything

is going so fast, I think everyone is just

learning as they start their own business.

I think it kind of… the gap between…

I would say it's kind of make it more fair

for younger people to also start a business

compared to like experienced people. (Because it's now easier.)

Because technology is actually easier for

younger people to also start their

company. (Yeah) So, if I may summarize

that, right. So, you have some corporate

experience and then but you want to start

your company because it’s the right timing

and technology make it now more

feasible for young people to start

a company. (Yeah, exactly.)

I know your company... you started your

company in Hong Kong but then you also

moved to Shanghai for your next venture.

(mhm) Tell me … tell us a little bit

about that.

So, we operated our car sharing platform

in Hong Kong for around two years and then

we thought that there are a lot of assets -

some valuable assets, for example, like

cameras, like expensive clothing or

jewelries. These are some assets that you

don't often use, but but

it's really expensive.

So, we were thinking how about we

create a platform that allows people to

share all these valuable assets and that's

when we… when we, when we think about

that we think Hong Kong maybe a really

small market, we want to tap into a city

where when it expand, it can go beyond

many cities. So, we chose to start these

new new venture in Shanghai.

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