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Home > Asia Tech Podcast > 252: Ria Lao – Groupstar (Founders in Asia FIA4)
Podcast: Asia Tech Podcast
Episode:

252: Ria Lao – Groupstar (Founders in Asia FIA4)
Category: Business
Duration: 00:38:12
Publish Date: 2018-05-11 18:00:00
Description:
  • 06:30 The key question of when to pivot and what to focus on, the curse of the entrepreneur - everything is an opportunity
  • 24:20 Is it necessary to have a co-founder when starting a business? Ria and Jodie share their thoughts
  • 34:02 Ria's number one tip for others who are interested in setting up a business in this region- don't quit your day job!

Podcast notes:

  • 00:05 FIA4 - Founders in Asia with Ria Lao, founder and CEO of Groupstar, hosted by Jodie Collins
  • 01:14 Ria talks about her background and how she ended up in Singapore
  • 03:00 All about Groupstar and how it transforms communication within large companies using video solutions
  • 06:30 The key question of when to pivot and what to focus on, the curse of the entrepreneur - everything is an opportunity
  • 09:03 The importance of having a clear vision for your team and not just focusing on the product offering
  • 12:02 As a founder, is the decision making backed by data points or gut feel? Ria's views on this
  • 14:33 Where does Ria see the greatest opportunities across the region?
  • 15:47 Ria addresses the perceived challenge of selling technology to less developed markets
  • 17:52 Examples on how companies use Groupstar to turn internal information into videos
  • 21:49 Ria shares the lessons she has learnt and the mistakes she has made throughout her journey as a founder
  • 24:20 Is it necessary to have a co-founder when starting a business? Ria and Jodie share their thoughts
  • 26:51 Ria dispels the myth that you need investor money up front to get started with a team
  • 28:28 How various areas of expertise in startups are being handled by other markets abroad like in India or Philippines
  • 30:23 Where in the region does Ria see the most exciting growth potential for her business? From Indonesia, Japan to Australia
  • 32:03 The surprising demographic uptake of Groupstar, senior management are more interested in using it than the young millennials
  • 34:02 Ria's number one tip for others who are interested in setting up a business in this region- don't quit your day job!
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