Founder to Founder: Shopline Shares Startup Story with Asia Venture Club [AUDIO]

shopline

Introducing Dennis Grady, founder of Asia Venture Club – a new member to the StartupsHK community. Dennis publishes a podcast on startups and entrepreneurship and we are happy to have him as one of our new ongoing columnists. His first piece delves into his interview with Raymond Yip of Shopline.

Raymond Yip got a $50HK gift from his boss on his 10 year anniversary at Citibank. His entire team had been fired and he was unfulfilled with the work he was responsible for doing. It was time for him to jump ship. He had been working on his own side development projects which helped to create a bridge for him to transition out and a way to assess market needs and thats how Shopline was born.

Shopline is a DIY e-commerce platform built specifically for Asian markets.  They have a top tier team and have built a big presence in a short time with over 16000 customers already on the platform (thats just in HK and Taiwan).  They are a mobile ready platform that allows small and mid-sized businesses to manage their own online stores on the go.

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From Startup Founder to Book Author: An Entrepreneur’s Journey from Wall Street to Business in China

mich

I remember Startup Mondays hosted by StartupsHK back in 2010/2011 days in the Hong Kong startup scene.

Each week awesome stories from awesome entrepreneurs.

I was invited to speak at one and was so nervous.

I was known as the “Shenzhen guy in Hong Kong” hopping back and forth in across the China / hong Kong border. I spent time making a full powerpoint slide deck showing how I came to Asia knowing nothing, hustling at the Hong Kong trade show and Canton fair. Learning how to hire, to setup a company, deal with Chinese fapiao receipts.

Discussed the factory quality control problems, the attempted law suits. It was an edge of your seat 2 hour chat I shared with the audience of about 30 people (quite a few for those of you who know how small the BootHK coworking space was in Wan chai! After the sharing session, a lot of people really enjoyed the talk and I was asked to present it in other events in Hong Kong, Shenzhen and eventually in Los Angeles, Florida, and Shanghai at various events.

This became the outline of the book I published today – Destination: China is a book about my story quitting my day job working at a trading assistant on Wall Street in 2007 and moving to the other side of the world to do factory sourcing and e-commerce full-time.

Here is an outline of the book and what to expect:

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The Hong Kong Startup Ecosystem: What’s Next?

tytus

Before looking at the future of the Hong Kong startup ecosystem, it’s important to begin with the past. The Hong Kong startup ecosystem has seen tremendous progress during the past five years.

The most important factor has been the entrepreneurs themselves. Without entrepreneurs, there would be no ecosystem. To build teams, of course additional talent has been needed, and Hong Kong has seen a strong mix of immigration and inspired young people. Next, capital from angel investors and real estate from co-working spaces has provided the the basic resources for starting a company. The first accelerator in Hong Kong, AcceleratorHK, was started by  my partner Stephen Forte and Paul Orlando, with a wave of new accelerators now following. Education was added to the mix when my partner Allison Baum brought General Assembly to Hong Kong, and there are currently several options for learning the basic skills about startups.

So what’s next?

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