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The Hive is a members’ coworking space and creative community based in the dynamic Wan Chai area of Hong Kong. 

NEST is a hands-on investment incubator focusing on scalable consumer businesses in the lifestyle space. Our vision is to develop Hong Kong as a global hub in the fields of entrepreneurship and creativity to enable start-up businesses to thrive.

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Invest Hong Kong is the department of the Hong Kong Special Administrative Region (HKSAR) Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy.

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Bridges Executive Centre has been in business for 10 years and helped over 8,000 clients incorporate and grow their business in Hong Kong with a knowledgeable team fully versed in different corporate aspects like company formation, company maintenance (e.g. company secretary, Annual Return, BR renewal), accounting, audit arrangement, tax filing and tax efficiency planning, investment visa, etc., covering every need of a start-up from basic to advanced. Their helpful staff, fast turnaround time, fair pricing and full range of maintenance support tell why you will love them.

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Maurice WM Lee Solicitors are a Hong Kong law firm focused on legal services relating to business, finance, trust, investment, wealth management, creative industries and legislative lobbying.  Our experienced lawyers also provide legal services in key areas such as media, entertainment, dispute resolutions and China legal services.

 

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Researching and Evaluating the Startup Market, by Thom Kozik

Posted by Jonathan Greechan on 2012-09-21

Inside FI gives you exclusive access inside the training sessions of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

In this talk from the Los Angeles Founder Institute, Thom Kozik gives critical advice on how to best go about researching where your business fits in the startup market. He advises founders on several elements to consider, yet reminds them that Startup Research is an ongoing project and there is always new information to be learned.  

Thom is the CEO of Context Digital Media and has 25+ years of experience in the Internet and Software industries, with particular focus on gaming. He is also a mentor for the upcoming Los Angeles Founder Institute, which is currently accepting applications. If you could use expert training, feedback, and support to launch a technology company, then apply today. The Early Application Deadline is Sunday, September 23rd.

Kozik stresses the importance of defining your product, knowing your market, planning an exit strategy, and establishing success milestones. These four components along with managing your distractions and understanding how your stakeholders impact your business, are imperative for navigating today's ever-changing high-tech climate. Thom sums it all up with saying the market is an ecosystem, not just a list of competitors. You have to know where your business falls in the mix of things and always be open to change. Afterall, technology is truly a 'here today, gone tomorrow' type of game, and if you're not thorough with your evaluations, you might just get left in the dust. 

If you like the video below, follow Thom on twitter @ThomKozic

LAFI Spring 2012 Basic Research Tom Kozik

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