Hello, everyone and welcome back to our weekly #GEMChats! This week, we'll discuss the results of the poll on whether #celebrities make successful #entrepreneurs!

Let's begin, shall we?

#startup #womenentrepreneur #business #showbiz
So recently @KylieJenner sparked a heated debate on how celebrities are successful at entrepreneurship when she was announced to become the youngest self-made #billionaire ever.

cnbc.com/2018/07/11/kyl…

#KUWTK
Some feel strongly that she only dethroned #MarkZuckerberg from that position because she is part of the #Kardashian and her #entrepreneurial venture has multi-level of safety net and it allows her to #scaleup at an exponential rate.
However, @KylieJenner #KUWTK seems to be directly involved and #invested in her #business ventures. She personally promotes her products and while there are safety nets in place, it can be said that she has innate #entrepreneurship skills.

So let's look at more examples.
@jessicaalba co-founded The Honest Company, a USD$1-billion company which recently secured a USD$200 million investment.

Fortune: "Since Alba founded the eco-friendly Honest Co. in 2011 (sic), they expanded from selling natural baby products to home cleaning and beauty items".
#Male #celebrities like @RyanReynolds, George Clooney and @Drake have been known to venture into the #alcohol industry with Aviation Gin, Casamigos Tequila and Virginia Black Whiskey.

All three show #Entrepreneurship talent in addition to being #superstars in #showbiz.
Some #superstars also display #Entrepreneurship talent from investing in #startups and #tech. @JaredLeto is one such celebrity who has been found making well-timed bids for companies like Uber, Snapchat, and Spotify.

fortune.com/2017/10/18/jar…
And @JaredLeto isn't alone. Scores of celebrities have done the same. @LeoDiCaprio recently invested in @MindMazeSA and @iamwill is also a keen investor in #tech #startup!

variety.com/2017/digital/n…
Ashton Kutcher @aplusk once wrote a piece on how and why he invests in #startups. You may read it here:

techcrunch.com/2018/05/23/how…
Locally in #Malaysia, a few #selebriti have also been known to have a knack for #business

One such example is Dato' Rosyam Nor, who is the first and only #artist to own and run a grocery store, ST Rosyam.

astroawani.com/berita-hiburan…
Other #artist #tempatan have been known to show #keusahawanan and #entrepreneurial talent through #businesses ranging from #clothing like @altimet and @SazzyFalakCLPT as well as show companies like @REALFAFAU and @faizalfbi76
Want to know more about #Malaysian #artists and their #entrepreneurial ventures? Tune in to eFM for the morning and evening BMO slots with @NanaMahazan. Tomorrow, Nana shares her own #entrepreneurship venture with #beauty products.

Be sure to head over to efm.live/live-stream/
So while we can say #celebrities may have their #Entrepreneurship journey easier than others, most show genuine interests and aptitude for #business. Some even take it up a notch by becoming #investors to other companies.

What do you think? Tweet us at #GEMChats to interact.

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More from @entreprenenture

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
Sep 21, 2018
#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
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
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
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
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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