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Global Entrepreneurship Profile picture
@entreprenenture
Aug 1, 2018 • 11 tweets • 13 min read • Read on X
Good evening, #entrepreneurs! Let us discuss this week's #GEMChats on #startups and #disruptors to the #tourism industry.

Feel free to #RT, reply and engage with us as we go on with this thread.
The answers to the #poll indicates that most of you feel the biggest gamechanger to the #tourism industry in this #Industry40 is the rise of low cost airlines followed closely by travel accommodations #startups like @Airbnb and @agoda.

Well, you aren't wrong there!
Low cost airlines #democratise travel for everyone. As @tonyfernandes puts it in @AirAsia's tagline: "Now Everyone Can Fly".

Flying had been considered a luxury accessible only to the middle class and well-heeled (sic) - Jack Yu writes at linkedin.com/pulse/now-ever…
But #travel and #tourism is not limited to only the journey there.

As @andreas212nyc writes: It is a crowded space, especially if you consider (sic) Airbnb, Expedia and TripAdvisor.

But many of the disruptors are smaller — yet fast growing — companies and startups.
Here are 6 Companies Disrupting the Tourism Industry by @andreas212nyc :

gem-magazine.com/6-companies-di…

Some of these names are: @KlookTravel @Withlocals @peek
AR/VR can also be a gamechanger for the #tourism industry.

If you are curious on how AR/VR can be used for tourism, you can read here to get an idea:

gem-magazine.com/how-to-use-vir…

The fear of over-promising that is often a big issue in tourism and #hospitality? No more with AR/VR!
Services like @getvidi (Vidi) founded by @aaronsarma are growing gamechangers to #tourism as well. It streamlines holiday planning for all and eliminates risk of being scammed and dodgy services during your holiday!

Read more here: gem-magazine.com/interactive-ho…
Other disruptors to the way we #travel now are e-wallets!

Platforms like @bigpaymeapp allows us to worry less about cumbersome credit card charges, ridiculously high exchange rates and foreign currency!

E-wallets and the wave of going #cashless will disrupt #tourism globally.
You can read more on e-wallets, the Malaysian perspectives, pros and cons as well as market expansion here:

gem-magazine.com/malaysian-comp…

gem-magazine.com/ewallets-is-ca…

gem-magazine.com/mobile-wallet-…

gem-magazine.com/wechat-pay-pav…

gem-magazine.com/the-malaysian-…

gem-magazine.com/malaysian-tech…
But with all these #technology and #startups, what #trend do they have in common?

Here are the three trends in #tourism #entrepreneurship:

1. They change the way business works
2. They change the places #tourists stay at
3. They change the way we communicate during our travels
You can read more on #trends in #tourism #entrepreneurship here:

gem-magazine.com/three-disrupti…

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More from @entreprenenture

Global Entrepreneurship Profile picture
Sep 28, 2018
Hello, everyone! Let's start our #thread on #child #entrepreneurs, both in #Malaysia and abroad.

We'll talk about the success stories as well as how to foster their development 😊 Let's go! Feel free to add on to the thread with your own opinion and sharing.
Latest in Malaysia is the story of Ferris. Ferris merupakan usahawan cilik yang terpengaruh secara positif dengan siri Upin dan Ipin! It's good to see how entrepreneurship in an animated series can piqued children and their interest in entrepreneurship!

If you ask if there are more of such stories in #Malaysia, there are!

11 y.o Elisa Ahmad Sayuti and her friends got inspired by both their participation in Kelab Usahawan Cilik as well as seeing their parents who are also #entrepreneurs!

sinarharian.com.my/gps-bestari/us…
Read 11 tweets
Global Entrepreneurship Profile picture
Sep 21, 2018
This week on #GlobalEChats, we are discussing #Farming and #agriculture.

Let's discuss this!
#Tech in #Farming has been changing the world since the invention of the wheel millenniums ago. Since then, all new innovations either make crops easier to #harvest, more bountiful shorter farming time and more resilient and healthier crops.

Want to know what #tech is hot now?
#Hydroponics has been a thing for a while now while #urbanfarming is still a growing idea. Among #tech that are being used in #farming are drones, #IoT and use of data analytics to ensure the precise farming.

While some may not be tangible but they result to exponential results!
Read 10 tweets
Global Entrepreneurship Profile picture
Sep 14, 2018
Let's discuss this thread for our #GlobalEChats!

So what do you make of the wave of #ecommerce these days? Come delve into the ins and outs of it with us!
So #Entrepreneurs out there, what is ecommerce?

It just refers to electronic transactions done in the name of #sale and #purchase.

In simpler terms, you buy and sell things online with the #internet! That's it!
But to whom and from whom can these #transactions take place between? Surprisingly, it's not just between #business (B) and #Customers (C)!

It can take place between:
1. B2B
2. B2C
3. C2C (or P2P)
4. C2B
Read 11 tweets
Global Entrepreneurship Profile picture
Sep 6, 2018
Let's start our #GlobalEChats on #music!

Among our #discussion topics: 1. #Stakeholders in music and what happens to them? 2. #Production of music 3. #Consumption of music 4. New #technology out there!
Firstly, let's talk about how scary #technology and #advancement can be to #music.

Some stats:
The US lost $12.5 billion a year in total sales due to pirated music.

71k jobs were lost; $2.7bn in annual earnings; $1.1bn of that would have been earned by the industry.
Source:

sheffieldav.com/education/how-…

But as with any #tech #disruption, there are always negative externalities.

In the #music industry, most of the bad press came from #piracy. Sites like Napster and P2P torrenting were rampant back in the day.
Read 12 tweets
Global Entrepreneurship Profile picture
Aug 30, 2018
Fellow #Entrepreneurs, let's begin our #GlobalEChats on #healthcare and #technology!

RT and follow us to keep updated on our weekly topics as well to interact with only the latest of #startup news.
So 79% of you believe that in spite of exponential #technology advancement, humans are irreplaceable in healthcare and will continue to be its frontliners.

Let's also discuss #AI and #robots in healthcare 😁
But first, how has #tech change the face of #healthcare. Let's take a trip down memory lane!

Some of the #robotics you see in healthcare today range from the electronic thermometer to crucial #life support.
Read 9 tweets
Global Entrepreneurship Profile picture
Aug 17, 2018
Let's start our #GEMChats this week. The topic of this week is #student #entrepreneurship!

We'll discuss these three factors in the poll options below as well as replies to the poll 🧐🧐🧐 Let's take this forward!
#Students? And #entrepreneurship? Is that even a good combination?

Especially when you read that the famous student entrepreneurs like Bill Gates and Mark Zuckerberg are all dropouts!!!

Can students not only run a #business while studying but also be #successful at it?
Taking a different perspective at this is that while these billionaires are college dropouts, the #idea for the #business all came about when they were in #college! As a young #student, your ideas have a chance at being fresh and can be developed through stringent planning!
Read 12 tweets

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