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Silly, don’t be a struggling entrepreneur in Singapore.

TAKE THAT LEAP OF FAITH

As you know, starting up can be a frightening experience. Or a really taxing one – even on your wallet. You may have heard of instances where entrepreneurs struggle to put bread on the table. Or that they spent their entire life savings – that they saved for ten years? – to keep their dream-turned-nightmare alive.

But you don’t always need to do that.

If you hold the idea that starting up your own business means relying on your own capabilities and resources entirely, I hope this post convince you otherwise. You may think that if you seek help, that same help may dilute your idea. Or worse, wrestle control of your brainchild.

Not necessarily.

Sometimes you’ve just gotta do the necessary research, for grants or methods that best fit your wants, needs, and concerns.

Then you have to take that leap of faith.

GOOD NEWS

The first piece of good news for you, if you are still thinking of setting up a company in Singapore, is that there’s an Entrepreneurship Review Committee.

What has it gotta do with me?

Well, entrepreneur-to-be, that means more good news!

According to CNA, “The Entrepreneurship Review Committee could put out its recommendations on how to further improve the entrepreneurship landscape in Singapore early next year.” Read more here.

I don’t know what this sounds like to you, but to me, it sure shows that the spotlight is on entrepreneurship! That entrepreneurs would have added help to support growth. In other words, aided success because of a better foundation. All thanks to better and existing measures that have been put in place by the government to support entrepreneurship.

Just recently, 1 Nov, Minister of State for Trade and Industry Teo Ser Luck shared more good news. Angel investors and venture capital firms are providing more funding support. Also, government schemes are assisting start-ups to get their ideas off the ground.

Comparing then (2005) and now (2013), active start-ups grew from 24,000 to 39,000. How do you gauge their success? The number of employees from these start-ups grew from 167,000 to 300,000.

A confidence boost for you and your new company in Singapore.

GET HELP

If you are looking for help from Singapore Company Setup services to programmes that can help you with your start-up, here a couple of resources you might want to look at:

IN THE MEAN TIME, FUEL THE DRIVE

Getting help may be a great launchpad for you and your business idea, but it is vital for you to pace yourself and keep the drive going.

It is tough, but you need to face your fears and make it work in your favour. Read this direct and engaging article on Keys to Success and The 5 Fears That Hold Entrepreneurs for the tough to get going.

Or if you are a visual person, check out these really witty and concise infographics by Funders and Founders that keep you believing in what you are doing.

Don’t lose heart, don’t give up, keep going.

If you are ready to start your business, take the first step. Fill the form below to start your very own company.

 

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