I made it on time to attend the third StartupQ8 Seminar and was very impressed with the insights that were shared during the event. It started with Abdulaziz Aloughani explaining the steps of a business and what are the best options to pick from.
I was surprised to find out Kuwait has one of the highest success rates when it comes to businesses. On average 1 out of every 10 businesses are successful while in Kuwait it’s around 3 or 4 out of every 10. This is be a big incentive so start a small/medium business in Kuwait.
After that there was a skype conference call with Hoi Wan from Hong Kong and he explained how starting a business in Hong Kong works and how every single action goes through rules and regulations. Dr Naif took stage after that and explained how he established his business from scratch.
He’s first big step was convincing investors with his new idea, Dr.Naif started with KD 2 million from mostly friends and family but including investors. Although he said some things I completely disagree with it was very insightful overall. Looking forward for the 4th Seminar which is also free.