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8 May 2015

Asian Entrepreneurs On The Rise

Dreams of entrepreneurship spreads to Asia


Aspiring to be a young entrepreneur such as Mark Zuckerberg, the founder of Facebook, is usually thought of as a Western phenomenon.  But now dreams of being a successful entrepreneur are sweeping through Asia among the young. And making all this possible is the amazing growth in access to the Internet. There are almost 3 billion global internet users, two-thirds of them coming from the developing world and the number of global mobile-broadband subscriptions is around 2.3 billion, with 55% in the developing world, according to the International Telecommunications Union.  Most of these users in the developing world will be in Asia and they are mainly young people.  The Internet and the tech revolution is bringing this generation new business opportunities and inspiring stories of successful Asian entrepreneurs.  What all this means is that the next wave of potential Mark Zuckerberg’s are likely to come from Asia. You can read more about my thoughts on this in FT Wealth in the article, The Rise of the Asian entrepreneur.