In the startup world, no name quite evokes more starry-eyed fangirl-ing than that of Elon Musk. Understandable, considering he’s a serial entrepreneur, savvy CEO, leader of the new space race, etc. Or borrowing words from his real life doppelganger Tony Stark - a “genius billionaire playboy philanthropist.” (He formed the Musk Fund in 2002, which focuses on grant-making in the areas of renewable energy, science and engineering education) But with any success story, it hasn't always been smooth sailing. Tesla didn’t make a profit for around a decade and lost US$100 million in stock value after a negative review came out in the New York Times in 2013. And that's one setback.
When it comes to entrepreneurialism, we often laud and idolise Iron Man-style confidence and hefty fundraises, but fail to realise that with value comes roadblocks, and pursuits that lead nowhere, and often insomnia. One thing the genius billionaire playboy philanthropist has managed to consistently do well is capturing the public’s attention. His ventures, simply put, are aligned with the bigger picture and speak to a supply that consumers didn’t even know they could demand. He insists that we care about sustainability, exploration, and humanity’s betterment through technology — and lures with flash and the promise of fulfilling a new ideal persona: status meets awareness. The risks may be high but the rewards — well, we don’t need to elaborate. It’s difficult to pinpoint what's led him to the position of being one of the greatest innovators of our time — is it brains, scale, timing? Or is it something simpler — the notion of self-actualisation through technologies towards a future that the rest of us can’t even envisage on our own? As he stated: “if something is important enough, even if the odds are against you, you should still do it.” If that’s truly the case, then he might just be one of the luckiest people alive.
While we’re on the topic of Elon Musk — why not join us on 5 August to get to know the little company that he founded Paypal. The Paypal and BraintreeAsia Pacific team will be leading a seminar with Garage Academy, “Payment Optimisation for Startups with Paypal Braintree,” to explore how to maximise payment systems for online merchants.
As part of our #BeTheChange series, we sit down and discuss how people and business have evolved, with change-makers in our Garage Community.
This week, we sit down with Michelle Hong, co-founder of Rooftop Republic, a social enterprise on a mission to introduce the joys of urban farming to the city folk of Hong Kong.
Rooftop Republic has been part of the Garage Community since 2018, and they have a rooftop farm on the terrace of our Wan Chai Lockhart space.
It was great to catch up with Michelle over sustainability, social entrepreneurship, and the joys of growing your own food.
The advent of user-friendly e-commerce tools has made starting your own small business easier than ever.
With so many people embarking on their entrepreneurial journey, we thought we’d give you a reminder on how to support small, local business owners.
We encourage everyone to be conscious consumers - whether this means voting with your dollar for locally farmed vegetables, or writing a positive review for the indie coffee shop in your neighbourhood.
Here are a few ideas to get started:
As part of our focus on growth, we asked the Garage Community what areas they would like they spend more time developing. It was very clear that you all wanted to dedicate more time to your mental and physical health!
Considering that Hong Kongers have some of the longest working hours in the world, it’s important to carve out some time for yourself.
Here is a comprehensive wellbeing toolkit with guides, recommendations, and resources for bettering your mind and body.
Want to take part in this month's Community Survey? Click here.