the hive co-working space

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.

maurice wm lee solicitors

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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The Asian Venture Capital Journal (AVCJ) is the leading source of information on Asian private equity, venture capital and mergers and acquisitions. Based in Hong Kong, AVCJ has been providing editorial coverage, quality data and intelligent analysis via its Asian Venture Capital Journal weekly magazine to the Asian private equity industry since 1987. AVCJ is also the organizer of the highly acclaimed AVCJ Private Equity & Venture Forum series of conferences in the world’s leading financial centers including Tokyo, Hong Kong, Singapore and New York. The AVCJ Forums series regularly receives strong support and participation from the industry’s leading professionals and firms, including GPs, institutional investors and advisors. 

Adeo Ressi on Predicting Entrepreneurial Success - @Forbes Interview by @JJColao

Posted by Jonathan Greechan on 2012-11-21

One of the most distinctive tenets of the Founder Institute is the unique application process, which, as many of you may know, includes an hour-long aptitude test. A bit unconventional compared to our peers, the test aims to measure the success of potential and current participants of the Institute.

Our unique approach sparked the curiosity of Forbes writer J.J. Colao, who recently wrote an article entitled “Can An Hour-Long Aptitude Test Predict Startup Home Runs? Adeo Ressi Thinks So”. Colao interviewed the Founder Institute’s CEO, Adeo Ressi regarding the institute and the test, digging to the premise behind why it is an integral part of enrollment.

The basic premise of the test was originally to eliminate admissions bias - the fact that venture firms funded mostly 20-something white male Ivy League grads annoyed Ressi, hence he sought to develop a means of introducing diversity to the startup ecosystem. With over two years in use and over ten thousand test results measured, the Founder Institute and the test’s developer have determined that “entrepreneurs have more in common with artists than they do with managers" and don't always score highly on IQ or conscientiousness. A somewhat surprising find that indicates successful entrepreneurs lean more towards open mindedness, “a Big Five [personality] trait associated with curiosity, creativity and a penchant for novelty."

Any practice that is viewed as out of the ordinary naturally evokes some amount of skepticism, however, so far the the test has proven to be highly successful, and a great asset for predicting entrepreneurial success. To learn more about the aptitude test read the full article on Forbes here. The article will also appear in the December 10th print issue of Forbes Magazine.

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