As former CEO of the Asia-Pacific division of commercial real estate services company, Cushman & Wakefield, for over 5 years, Sanjay Verma has gained first-hand insight into the region’s unique opportunities and challenges. He has observed the market grow and evolve, cultivating valuable learnings along the way. Now, as Advisory Board Member for FlySpaces, he shares his experience and expertise in the field.
On a mission to make Malaysia the startup capital of Asia, the Malaysian Global Innovation & Creative Center (MaGIC), under the program direction of Jowynne Khor, strives to connect the dots linking entrepreneurs with valuable resources, to establish networks that spark collaborations, and to create structural improvements in the startup ecosystem.
Focusing on three core activities, MaGIC strives to support the success of startups in Malaysia.
Regus has built its reputation as the world’s leading provider of serviced workspaces—with business centers, executive suites, conference rooms, lounges, and virtual offices—spanning 3000 locations, 900 cities, and 120 countries. For over two decades, their business has surged alongside fluctuating work trends, changing office cultures, and shifting demographics.
Lars Wittig, Country Manager for Regus Philippines, is excited to be at the forefront of this industry. In developing the 24 different Regus centers across the country, he deals with region- specific conditions, advantages, and obstacles; from Metro Manila traffic to the localized characteristics of different locales.
In his much lauded book, Asian Brand Strategy, Martin Roll writes, “Today, businesses and consumers are placing increasing importance on brands. Brands give a sense of identity, stimulate the senses, and enrich life experiences. People have a need to affiliate and surround themselves with things they know well, trust, and aspire to be.”
In the startup scene, when it comes to revolutionary ideas, the conversation is dominated by technologies that disrupt industries and innovative business models that challenge established conventions. Singapore’s HipVan, an online brand selling furniture and home living essentials, has been on a steady trajectory that follows this trend. Last year, venture capitalist firm Golden Gate Ventures awarded the startup US$3.3 million, their largest investment yet. With Singapore’s online retail market expected to grow up to 200% year-on-year, HipVan Co-founder and CEO Danny Tan is confident of their company’s position. “I think it’s great. We’re certainly having fun doing it, but there’s still a long way to go,” says Tan. “The number one trait of an entrepreneur is to be an optimist, right? Just keep an understanding of what you know and what you don’t, and try to make the best of what you have everyday.”
“At Zalora, your purpose is not just to collect your paycheck at the end of every month. Maybe that’s what your parents wanted you to do because that’s what they did,” begins Paulo Campos, CEO and co-founder of Zalora Philippines. “As for me, I’ve always blazed my own trail. Here, we have a sort of trinity wherein happy employees plus happy customers equals happy company. It’s the sense of community that makes our employees like working here. This is what makes us successful.”
Co-working has become increasingly popular in other parts of the world. Now it is gaining momentum in Asia through FlySpaces, an online marketplace offering short term rentals for work and event spaces in the Philippines and Singapore. Co-working is a solution for entrepreneurs, freelancers, startups and small and medium enterprises (SMEs) who don’t want to sign long term leases for office spaces at sky high prices. With FlySpaces, you now have access to spaces that work for your business.