The last working day off CNY long holiday, I recieved the email notice from Preseed, and once again, as I already know the answer, your application has been rejected by the evaluation team.

Not to my suprise at some point, inside the meeting there’s only one of the evaluator really listening when I’m giving my pitch out of 5 person inside (another person is listening but is Preseed staff so I don’t think he is able to give out any of his voice). What is other doing? Well, one of the guy is enjoying his food (Char bee hun) that served, and another lady is 3D-ing herself, and one of them is face-booking and MSN-ing. I know the outcome at the first 30sec when I steped inside the room, but I’m still doing my best to give out my whole presentation. :) Thanks to the support of one of the Dr. inside, I have the courage of continue my presentation and not to immediately walk out from the room due to the action of non-respectful act of the evaluator inside. :)

When I shared my experience with friends and he shared that it is pretty common to see the evaluator behave like that, and at some point, they purposely to act like that to give some pressure and see how the presentor react. Haha, at some point, some told me e-Commerce and content is not the core focus for the preseed to fund, they are more interest in tech rather than model.

However, I still have deep faith on e-Commerce, regardless what the other out there is thinking. No matter what is the tech is evolving, there is one thing I believe on. You can have great tech like IP Phone on Skype, great video sharing technology like YouTube, or Technology gadget like iPhone, Malaysia is still Malaysia, and Asia is still Asia. I remember when Jack Ma started his Alibaba and tried to positioin its company, he studied Western and Europe market, and then he finally position its B2B portal towards SME rather than MNCs or GLSs, for one reason, Asia is still Asia, and we need to find a niche where we are different from Western or Europe at one point. :)

SEA itself contained a large group of economic power, with nearly half a billion population (from below population demographic table of data I compiled from different sources, mainly from UN data) that is potentially explore to Tech and e-Commerce, and this is the untargeted group for technology at one point. Believe it or not, they are the next spending power after India, China and Japan. If you can build a great economic chain and value chain to supply needs to them, you know what that mean. Malaysia, at one point has position itself very well at the central of all these countries, and it is a great logistic hub for making this happen. What you think of the tools that can make this happen in next 3 – 5 years? It is e-Commerce. I love what my great boss said, you don’t see the economic wave only build your strength, you must see beyond 3 – 5 years, and build to drive the change. Asia going to be the next strongest economic entity (believe or not, it going to be truth some how, some one told me :) . Just ask yourself, in pre-1900, which country is the strongest in Financial, Industrial, and military? It is not United State, it is UK. And before that, in pre-1800, it is not UK either… every 100 years, it change, and it bring mega shift to everything. Are we fortunate to be in Asia?

  Total Population <15 Years 15 – 64 Years >65 years Male Female
<15 Years 15 – 64 Years >65 years <15 Years 15 – 64 Years >65 years
Malaysia 26,600,000 32.40% 63.30% 4.30% 4,118,000 7,838,000 526,000 3,884,000 7,785,000 667,000
Singapore 4,400,000 15.60% 76.10% 8.30% 326,000 1,666,000 165,000 337,000 1,750,000 208,000
Hong Kong 7,000,000 13.50% 74% 12.50% 482,500 2,402,100 339,500 452,100 2,700,100 464,800
China 1,321,851,888 20.40% 71.70% 7.90% 143,527,634 487,079,770 49,683,856 126,607,344 460,596,384 54,356,900
Taiwan 23,000,000 19.40% 70.80% 9.80% 2,330,951 8,269,421 1,123,429 2,140,965 8,040,169 1,131,152
Indonesia 237,000,000 28.40% 65.70% 5.80% 34,343,198 78,330,830 6,151,305 33,175,135 77,812,339 7,699,548
Thailand 65,000,000 21.20% 70.30% 8.50% 7,104,776 22,763,274 2,516,721 6,781,453 23,304,793 3,022,281
Philippines 92,680,000 34.50% 61.30% 4.10% 16,043,257 27,849,584 1,631,866 15,340,065 28,008,293 2,128,953
India 1,147,996,000 30.80% 64.30% 4.90% 188,208,196 386,432,921 27,258,259 171,356,024 364,215,759 30,031,289
Australia 20,743,000 19.60% 67.30% 13.10% 2,031,313 6,881,863 1,170,589 1,936,802 6,764,709 1,478,806
SEA  446,423,000       63,966,544 145,329,551 12,161,481 61,454,455 145,425,134 15,204,588

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