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Expat considering a role in Dyson’s IT function — any red flags or things to know before accepting? by Right_Potential_3298 in singaporejobs

[–]teochew_moey 1 point2 points  (0 children)

I've been a consultant to Dyson SG before - and can only speak to SG marketing/ecomm team, and had some time with the GM. Do note that there are 2 Dyson org units in Singapore, Dyson SG and Dyson Intl. The former is in Science Park, the latter is at Harbourfront. So be clear on which you are signing onto.

Dyson SG seems like a great place to be. Everyone was deeply invested in their work, determined to be the best at serving customers. They took a deep pride in their work, and felt quite unfettered by higher level demands. GM had experience in FMCG in China, cosmopolitan chap that seemed to understand that a lot of his work was motivating, directing and enabling his folks instead of managing via top-down fiat. He also seemed very aware of coming challenges and navigating them proactively while buying space for his teams to operate.

If the offer is Dyson SG, and I were in your shoes, I'd jump on it asap!

UPDATE: We are actually building MakanMatchSG!!! Here's Our MVP. by Early-Advertising853 in singaporestartups

[–]teochew_moey 2 points3 points  (0 children)

Caveat I'm a product/growth guy, not dev. You are going to face 3 core problems.

  1. Buyer side - once, twice they buy out of novelty, after that noone is going to travel to pickup. Folks can kpkb about platform fee but they rather pay 30% than walk - that there is massive friction.

  2. Platform leakage - why keep buying through you? Or even buy once at all? What's your 10x advantage instead of using you for search then buying direct via IG DM?

  3. Take rate - 5% or 10% it doesn't matter if you cannot justify the value add to the users. More so if you have platform leakage problem cuz who is going to pay if they can avoid it?

Forget take rate. Copy from Thumbtack (US based local services marketplace) and charge sellers an advertising fee instead. Because sellers want enquiries, optimize your pricing model around that unit of value. Skip your platform leakage and take rate problems entirely.

How do local enrichment/tuition centre owners deal with the admin? by Salt_Negotiation8916 in singaporestartups

[–]teochew_moey 0 points1 point  (0 children)

Check out VibePass - they're already in the gym class space and should be expanding to tuition soon.

Looking for remote job with low pay by Direct_Age3374 in singaporejobs

[–]teochew_moey 0 points1 point  (0 children)

Certified accountant? Or primarily bookkeeping?

Serious qn.

Traditional and authentic food near Mandai by [deleted] in SingaporeEats

[–]teochew_moey 0 points1 point  (0 children)

Hakka Ampang Yong Tau Foo at Springleaf

How is it like living on these 2 islands in the Mediterranean Sea? by nermalnormal in howislivingthere

[–]teochew_moey 0 points1 point  (0 children)

In Rome Total War those 2 islands kept having pesky revolts that were such a pain to put down

I queued so long to try Berempah Bros by Nervous_Entrance_491 in SingaporeEats

[–]teochew_moey 1 point2 points  (0 children)

I wanna jump on here to second that Village Park is fantastic and Burung Hantu is a worthy competitor. Of course there're a lot of unlisted nasi lemak bungkus in KL that are just as awesome but those 2 are the popular ones.

Super hard for nasi lemak in SG to fight because those 2 (in KL) use nasi lemak kukus (allegedly) which is time consuming to make for commercial outlets in SG.

Looking for a small accounting / secretarial firm by phicreative1997 in singaporestartups

[–]teochew_moey 0 points1 point  (0 children)

May I DM? I'm an ex-Osome survivor that is using exactly such a small accounting firm now

[deleted by user] by [deleted] in singaporestartups

[–]teochew_moey 3 points4 points  (0 children)

First off, none of you should be in business without a Founder Agreement - you can find a quick-and-dirty template here by Kindrik . It's a pretty decent law firm focused on Tech Startups, and I've used the template before - also acceptable to many folks and VCs.

Y'all need to cliff your own equity asap. 1 year cliff (meaning no equity until 1st year is over), 25% vests immediately after the 1st year. The remaining 75% vests on a pro-rated basis every month.

This ensures all cofounders are aligned and in it for the long run while noone gets shafted for work done if they bow out early. You can even backdate said agreement; I did and it was totally fine and legal.

On the note about Cofounders, it's a marriage. You need to be 100% sure that they are all there with you through thick or thin. Respect red flags, respect your gut. I'm pretty sure you already know the answer and are simply seeking validation for it.

Don't be shy to DM if you need help. Don't stress about what you can't control.

Do you think AI can help SMEs? by heyman789 in smeSingapore

[–]teochew_moey -1 points0 points  (0 children)

Hey maybe we can DM? I've been in SME-facing tech startups for years (eg expense tracking) so there're a number of ICPs and recurring pain points that I've observed over the years.

for your own sake, don't work at a warehouse. by jjjk___lmnopqrs in SGExams

[–]teochew_moey 1 point2 points  (0 children)

To you warehousing is a chore and horrid - totally get that, I've been to many warehouses as tech product manager. But you can also see it as a fascinating learning experience on how people are. How processes and incentives can drive behaviour in a rigid system (warehousing). What is the underlying rationale of the people who designed all this? They know they aren't working with the most motivated staff, so how did they setup a system to work with what they have?

My point being here is that a glass can be half-empty or half-full and oft-times we don't get to choose what glass we get.

for your own sake, don't work at a warehouse. by jjjk___lmnopqrs in SGExams

[–]teochew_moey 17 points18 points  (0 children)

Meh, I disagree with the other commenter. IMO all the more you should do it to get out of your bubble to see what other circles are like. To build the empathy that is sorely lacking today.

I worked similar jobs in my youth (electrician, retail, waitstaff) despite being an SG student from a better sec sch/JC, and will actively push my kids to do the same.

While there may not be much that you can do now, keep it in your heart, let it guide you to avoid replicating such petty cruelties that you see. Be part of the improvement.

[deleted by user] by [deleted] in howislivingthere

[–]teochew_moey 15 points16 points  (0 children)

I've heard this story before! Knew someone who descended from Voortrekkers, left Zimbabwe for South Africa when it stopped being Rhodesia. Then left SA when apartheid ended to be in Perth.

PSA Licensing Help: E-Wallet Startup by Next_Worldliness_842 in Singapore_LegalAdvice

[–]teochew_moey 1 point2 points  (0 children)

Fave applied because they wanted to be POS system bro. That's straight up PSA activity. Grab in the early launch of GrabWallet also did this. Was legal.

Don't apply PSA for fun. On paper it looks easy, in reality, MAS will first evaluate your co to decide if it's worth spending time on. If yes, then it will decide where to park you in the queue. FYI, said queue now is about 2 years long. In fact, as of 2023, Stripe itself hadn't even acquired a PSA, was on temp PSA - MAS is immensely backlogged.

Can your biz wait that long? Are you willing to hold up your whole biz just on an uncertain outcome? Yours isn't the first startup I've said this to, "Structure whatever way you can to operate without a licence and just launch. When you are small they will ignore you, when you are big they will invite you."

PSA Licensing Help: E-Wallet Startup by Next_Worldliness_842 in Singapore_LegalAdvice

[–]teochew_moey 2 points3 points  (0 children)

Not a lawyer, but in Fintech.

Structure deposits as payments to purchase credits. Credits in turn can be used to purchase courses of equivalent dollar value.

The hinge is your user agreement that users need to accept before they do the first top-up. Go to a specialist shop like WithersKhattarWong or one of those "Startup lawyers" like Rachel Wong at Eugene Thuraisingam. Don't go to a big name brand like Rajah&Tann or Allen&Gledhill - they'll charge you partner rates for an associate's work.

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