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Making a Makers Company (and how we almost went bankrupt)

Starting a company is a walk in the park, more precisely Jurassic Park. This is a story of lessons learnt, bad experiences, and a near bankruptcy experience of a group of friends who unknowingly built a company at 18 years old in 2008. From coaching Robotics CCA in schools to starting their own maker product line, the sharing will outline how the team made both wise and stupid decisions at various milestones and the maxims they lived by, including “The best product does not win”, and “If you are good at something, never do it for free”.

The following is adapted from a talk given by Alan Yong, Tech Director of Nullspace, at Maker Conference of Maker Faire Singapore.

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Singapore: State of Education

The 2014 report “The Learning Curve” by the Economist Intelligence Unit ranks Singapore’s education system in the third place globally, after South Korea and Japan, and ahead of Hong Kong, Finland and the United Kingdom. Two international studies : Trends in International Mathematics and Science Study (TIMSS) and Progress in International Reading Literacy Study (PIRLS) places Singapore students at the top few ranks in Reading, Mathematics and Science. Our students are also adept at creative problem solving, as shown by coming in top in PISA problem solving test . National University of Singapore (NUS) and Nanyang Technological University (NTU) are ranked 24th and 41st globally by QS World University Rankings 2013 .

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If it were easy

everyone would be doing it