Entrepreneurs / Start-ups

13Jun 2014

Walkbout.sg, an excellent initiative by Kristine Lauria, saw a great deal of people coming to visit Block 71. Here at Angel’s Gate Advisory (“AGA”), we were very proud to be part of the event, having 8 of our startups spending a great time mingling with all the visitors who came and find out more about entrepreneurship.

Of all ages, shapes and sizes, we had a whopping easily over 200-300 people coming in and out the whole morning. Our founders did their demonstrations and explanations of their products, while at the same time sharing their life experiences on what it is to be an entrepreneur.

Big thanks to the team at Walkabout.sg for making it a success and all those who came by and visited us. We hope to see everyone soon again in any form of collaborations that may come!

Cheers!

AGA and our startups Chalk, UxArmy, Placematch, Blimp.dB, Jobstoday, Taste Genome Project, Zinicat and Loco.

27Aug 2013

Technology start-up’s online game Kung Fu Math, which follows the MOE syllabus, will provide 30,000 free user accounts

Singapore, 01/09/2013 – Primary School students finding it difficult to master and apply their arithmetic skills and/or lack motivation in the learning of mathematics will get to have a go at Math in a fun way, through gaming and learning.

Kung Fu Math, is embedded with exciting games, to enthuse students to deepen their understanding of mathematical concepts and sharpen their mathematics problem solving skills. It was developed by Mr Derrick Koh and curriculum designed by his former Primary School teacher, Ms Foo P.C. , an experienced educator who has held various leadership positions in the Ministry of Education and International Education Institution.

Mr Koh was an underachiever who kept failing in his mathematics when he was a student. Having benefited from Ms Foo’s guidance, his grades improved tremendously. Inspired by Ms Foo’s mentorship, he was determined to develop something to help students with the learning of Mathematics. This blossomed into a business partnership leading to the creation of Kung Fu Math.

Kung Fu Math is a mathematics e-gaming portal where children select and own one of the five avatars (characters) created. These avatars will grow in stages as children attempt to solve mathematical questions in the portal. Children will also earn virtual coins which they can use to purchase accessories to equip their avatars and unlock games where they can engage with their peers from within and beyond their schools.

Said Mr Derrick Koh, Founder and CEO of Kungfu Interactive: “The portal allows children to work on their mathematical skills, but also build good habits such as taking ownership of their own learning progress and build financial literacy through the management of virtual money. It also allows students to work on arithmetic problems at their own pace in the comfort of their own homes. To further encourage students, avatars which meet teachers’ expectations in the Math practices will be awarded virtual trophies by their school teachers.”

Kung Fu Math follows a structured format and ensures the mastery of mathematical skills in line with the latest MOE Mathematics syllabus. It also allows students to stretch the application of Mathematical and problem solving skills via its myriad question types.

A six-month trial of the gaming portal has been conducted with a Student Care Operator. Kung Fu Math will be launched in conjunction with the Primary School Leaving Examination (PSLE) marking days with some 10 MOE Schools on board.

Teachers of participating schools are given Kung Fu Math accounts, enabling them to create online assignments of different difficulty levels to meet the diverse needs of their students. Through the portal, these teachers are also able to monitor the progress of their students as well as the frequency students log on to practise. The Kung Fu Math curriculum team, which comprises former teachers and school leaders, will also set weekly challenges for students to work on.

The game is available for free signup at www.kungfumath.sg and is limited to 30,000 user accounts for its launch.

Kung Fu Math is supported under the Interactive Digital Programme Office’s i.JAM scheme which is administered by the Media Development Authority of Singapore.

 

About Kungfu Interactive Pte Ltd

Kungfu Interactive Pte Ltd is a technological startup founded by Mr Derrick Koh and his teacher Ms Foo P.C. specialising in the development of educational gaming technology and content. Kungfu Interactive Pte Ltd has received funding from private investors and is supported under the Interactive Digital Programme Office’s iJAM scheme which is administered by the Media Development Authority of Singapore.

 

Media Contact:

Mr Derrick Koh

Founder and CEO

Kungfu Interactive Pte Ltd

[email protected]

www.kungfu-math.com

03Aug 2013

by Christopher Quek

In Echelon 2012, young upstart Brian Wong, founder of Kiip, mentioned that start-ups should not hire people who have kids. Reported by Sg Entrepreneurs, Wong explains that people with kids will not be able to commit full-time to the business, as compared to those who have no family commitments.

I wasn’t there at the event, but having a short lunch talk with John Fearon, another panelist,  gave me his two cents worth. He has a family to watch over and what motivates him is his family and his drive to succeed. I didn’t have much to comment at that time but it did get me thinking, was I a better entrepreneur when I was single or am a better one now, having a child and another on the way?

Brian Wong reminds me of my earlier days. When I graduated and returned from overseas, I was filled with bombastic, youthful, arrogant energy, thinking that I was armed with a degree, I knew about just everything. I worked till wee hours in the morning in the office on various projects to get the company going, hiring like-minded people like myself who were young and single. What made me more bold was to continue taking up every possible business opportunity to learn more and experience more. I worked hard and clocked many hours. But did I truly reach my goals during those years. Sadly, I fell short of these goals.

Was I a good entrepreneur as a single? As I reflect the last 6 years of entrepreneurship before I married Mrs Right, I found myself taking very big risks (which a number didn’t pay off), working towards things that were not long-term and ended up with failures. Was it due to inexperience? Maybe. But let’s compare the difference here when I became married.

I got married at 30, 6 years after I graduated. I found myself realising life isn’t all about myself. I wish I could work wee hours into the morning, on weekends and committing time to my entrepreneurial pursuits, but that changed. Family time with the wife was important and it meant giving up opportunities that I would like to do. It becomes even more difficult when you have a kid. And being a hands-on father, I found myself in need of extra help from the grandparents to chip in while I get time-out to work.

What has changed between singlehood and being a family man? When I was single in my 20s, I gained the chance to learn as much as I could. I also was very brash and didn’t concern myself with consequences of my business decisions. But now being a family man, I found myself thinking ahead for the family, what decisions I make will impact the future and security of my family. I took that mindset back to the businesses I run now, and I find myself doing the same, accessing the different outcomes and being more sensible in my decision.

When you have a screaming kid who is difficult in putting her to bed, you learn patience. No matter how much she cries and how long it takes, you know you will reach that end-goal, getting her to sleep. It may tire you out but you find the satisfaction knowing that you can reach that goal. This is something I also learnt and brought it back to the business.

Talk about finances. Family finances are the hardest as you need to place your children as priority. You start to reduce your personal expenditure on yourself and focus on saving for your children. In business, I found myself making simple decisions to save on non-essentials but pour in more money into marketing, which is the same as a child. Both are investments for growing the business and your future respectively.

So the eventual answer to my question, do entrepreneurs with family make good entrepreneurs? I am inclined to say yes, based on my personal experience. Family entrepreneurs, as I call them, may not have the quantity of time to work on, but the quality of time spent is well-used. This is of course whether the family entrepreneurs knows how to use his family experience and take it back to the business he or she runs.

So if you are an entrepreneur who is single and running head-on to grow your business, it doesn’t hurt to have a partner who is a family man. The combination of quality and quantity time may just produce a very successful spark of an idea!

Christopher Quek is a resident mentor at AGA. This article was drawn from his blog.

01Aug 2013

Hi everyone!

Welcome all to the Angel’s Gate Advisory (AGA) web portal! After many months of dragging and procrastinating, we are now finally proud to establish a website of information. It has been quite silly as everyone that we meet, we repeat ourselves again and again about what we do and what our purpose is. Finally, we can now say, “just go visit our website. Everything is just there!”

Anyhow, as the tagline goes, “Entrepreneurs building Entrepreneurs”. AGA isn’t your typical incubator. We are not experts in finance nor experienced VCs or angels. We are your typical entrepreneurs who gone through the worse and worst of times. Entrepreneurship isn’t for the faint hearted. We failed many times, only to learn from the past mistakes and pick ourselves up again for the next fight, which leads to a higher chance of success.

We hope that AGA will be the start of a fresh new perspective. And it is a start of a social cause to build an ecosystem where successful entrepreneurs return to help new budding entrepreneurs avoids the traps and pitfalls that they faced in the past. In this way, we can see higher chances of successful entrepreneurs being honed.

On top of this information site, we will be interviewing and inviting various Singaporean and Singapore-based entrepreneurs to provide their perspectives, hoping that these nuggets of anecdotes will inspire and enrich the development of our entrepreneurial community.

Cheers!