Founder Series
Founder Series
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I asked a Venture Capitalist for Life Advice
David Yeng, Managing Partner of Founders Venture Capital and Co-founder of InsureVite. Despite initially dropping out of the London School of Economics and facing failures with startups, David's journey led him to become a successful venture capitalist and Program Director at Founders Institute, the world's largest pre-seed accelerator.
Our conversation explored David's unconventional path, highlighting key success factors in entrepreneurship, professional insights, and valuable life advice drawn from his diverse experiences. Join me as we unravel his journey, learning from his triumphs, setbacks, and the wisdom gained along the way.
⌚️Timestamps:
0:00 Introduction
0:35 Advice for someone in their early 20s
3:03 How to find a balance between internships and entrepreneurship?
8:00 Why did you decide to drop out from London School of Economics?
10:17 Is your life now better than a normal path?
13:35 Does not having a degree affect your life?
14:30 Opportunity cost of starting a business in university
19:07 Advise for risk takers
20:51 How to get from $0 to $1000,000?
25:39 Challenges faced when starting a business
33:57 Finding a co-founder
35:21 Defining moments as an entrepreneur
40:45 How much did you earn in revenue from your business?
42:42 What made you decide you want to be a VC?
47:40 Things you look out for when investing in a start-up
54:30 Advise for entrepreneurs
57:40 Most successful investments as a VC
01:01:39 Conclusion
Thinking about sharing your story to others pursuing financial freedom? Reach out to me on Linkedin and let's have a chat there!
Connect with me on LinkedIn:
www.linkedin.com/in/chiong-lun/
Connect with Eugene, the channel's producer:
www.linkedin.com/in/eugene-toh-37050a21a/
มุมมอง: 586

วีดีโอ

How I earned $23,000 from NS
มุมมอง 3.1Kปีที่แล้ว
I had a few reasons when indicating my preference as an officer in BMT. I wanted something challenging where I could learn to grow and earned the most (in terms of income) during National Service. Therefore, holding a higher rank/position in the SAF definitely contributed in me being financially wealthier. However, in this video, I will be sharing how you can better manage your money regardless...
A Day In A Life Of an Army Officer in Singapore
มุมมอง 15Kปีที่แล้ว
The purpose of this video is to share a glimpse of what it is like being an officer in Singapore. Before entering the army, I had little understanding as to what a men, sergeant or an officer does. Hopefully this video gives you greater insight and understanding as to whether being an officer is something you would be interested in. Whatever said in this video are from my OWN personal experienc...
WHAT OCS TAUGHT ME…
มุมมอง 8K2 ปีที่แล้ว
It's impossible to squeeze a 9 months long course in this one video, but I will be sharing some of my biggest takeaways about leadership from OCS. It is truly a privilege to be in OCS and to commission as an officer. For those of you guys out there who have yet to enlist, are currently in BMT or simply just curious about OCS in general, hopefully this video can give you more insights as to what...
10 THINGS YOU NEED IN BMT / NS
มุมมอง 10K2 ปีที่แล้ว
Throughout my time in NS, I realized that these 10 items (actually 12) that I have brought along have brought so much convenience to me. Hopefully it helps you as much during your time in NS. A quick list on the items in the video: 0:16 Wet Wipes 0:50 Cooling Wipes 1:26 Small Basket 1:59 Febreeze 2:36 Portable Chargers 3:07 Laptop Case 3:50 Detergent (BRING 2 x $1 coin for washing machine) 4:08...
HOW I GOT INTO SMU 📚 (Detailed step-by-step guide)
มุมมอง 13K2 ปีที่แล้ว
In this video, I will be sharing with you how I secured a spot in SMU by bringing you through SMU's application process in detail. Hopefully this video gives you some insight on what to expect during the application process, while giving you examples of how I wrote my personal statement etc The advise shared in my videos and everything I wrote is what has worked for me and might not necessarily...
How To Get IPPT GOLD | Tips & Hacks
มุมมอง 28K2 ปีที่แล้ว
In this video, I will be telling you everything you need to know to further increase your chances in getting GOLD for IPPT. All the tips, tricks and hacks you can apply when using the ELISE MACHINE so you can maximize your statics. Will also be showing you some workouts that can further help you to grow your physical strength for push ups, sit ups and 2.4KM run. 0:23 All 3 stations 0:39 Tiers &...
HOW MUCH DO YOU EARN IN THE ARMY? (NSF)
มุมมอง 8K2 ปีที่แล้ว
If you are curious how much you might be earning as an NSF, fear not because I will be giving you a rough overview of how much you will earn! In this video, I reference largely the salary range of the Singapore Army because it is very much similar to the SCDF and SPF. If you are curious to find out more about the salaries of every job as an NSF and all the extra benefits you can get, kindly che...
HOW I GOT INTO OCS
มุมมอง 23K3 ปีที่แล้ว
In this video, I will be sharing with you some key factors that I believe affect your chances heavily in getting into OCS/SCS. Hopefully this video will give further insights on what you can focus so as to increase your chances in getting into command school. I am neither a worker from HQ nor do I know anything about how the selection of unit truly works (pretty sure got more stuff etc clearanc...
NS: A RECRUIT'S LIFE IN BMTC TEKONG
มุมมอง 26K3 ปีที่แล้ว
In this video, I briefly run you through some of the things a recruit will experience in BMTC, such as how routine order works, trainings that will be conducted and SOC. Hopefully this video gives you further insight on what's life as a recruit in BMTC is like! More videos to come on BMTC which will include my experiences from more high key activities like outfield, live firing and grenade thro...
How to get a HIGH GPA in Ngee Ann Polytechnic - Business Studies
มุมมอง 4.9K3 ปีที่แล้ว
How to get a HIGH GPA in Ngee Ann Polytechnic - Business Studies

ความคิดเห็น

  • @dicklet03
    @dicklet03 22 วันที่ผ่านมา

    good video chiong lun

  • @1heysup1
    @1heysup1 หลายเดือนก่อน

    make a video on how to get into SCS

  • @alexaesekellyry5942
    @alexaesekellyry5942 2 หลายเดือนก่อน

    Robel Park

  • @alexaesekellyry5942
    @alexaesekellyry5942 2 หลายเดือนก่อน

    Robel Park

  • @Zeus-o7e
    @Zeus-o7e 3 หลายเดือนก่อน

    What is the minimum pull up to do?

  • @liaujunlecadynsass3551
    @liaujunlecadynsass3551 3 หลายเดือนก่อน

    I am going to die

  • @sriramkannan2592
    @sriramkannan2592 5 หลายเดือนก่อน

    Hey bro, I aam prospecting one of SMU's Masters Programs. Since Im relatively new to writing personal statements and essays, I found your video very helpful in organising my thoughts surrounding the points that can be mentioned in my essays. Many thanks brother.

    • @chionglun
      @chionglun 5 หลายเดือนก่อน

      I am glad it was of great help and thank you for writing this comment 🤗

  • @damienchazelle3309
    @damienchazelle3309 5 หลายเดือนก่อน

    atp this video is just a flex of your resume lol OG

    • @chionglun
      @chionglun 5 หลายเดือนก่อน

      Idt my resume that impressive leh

  • @damienchazelle3309
    @damienchazelle3309 5 หลายเดือนก่อน

    OG looking at this resume as a malaysian just made me realise there are levels jesus fking christ

  • @unterseeboot4563
    @unterseeboot4563 6 หลายเดือนก่อน

    Hi I have a few questions. I’m 16 now, 2 more years to NS, I want to become an officer and sign on ah… 1. Does our eyesight and overall health matter to be selected for OCS? 2. Do we need / get to indicate our interest in OCS to be shortlisted, if so, how? 3. How was your NS journey like as an officer and do you have any tips or advice?

    • @chionglun
      @chionglun 6 หลายเดือนก่อน

      1. Your eyesight does not matter unless you want to be pilot. 2. Nearing the end of bmt will have this exercise to test your leadership ability. Do well for that. Another thing also is that you will abe asked whether you want to be a commander. Indicate you want to go ocs. 3. Watch my video of day in a life of an officer bah! Hope it helps :)

    • @unterseeboot4563
      @unterseeboot4563 6 หลายเดือนก่อน

      @@chionglun Thanks man!

  • @KurogamiNoShanks_3768
    @KurogamiNoShanks_3768 6 หลายเดือนก่อน

    Body too low oso no count the machine wants your body to be fully straighten like doing plank arms 90 degrees as you push down

  • @celinejonesdeux
    @celinejonesdeux 6 หลายเดือนก่อน

    What is sword of honor award?

  • @ZeroDevilene
    @ZeroDevilene 7 หลายเดือนก่อน

    👍

  • @zachariahgoh856
    @zachariahgoh856 7 หลายเดือนก่อน

    Only tip i heard: Try to scem elliss machine as much as possible

  • @hiei4714
    @hiei4714 8 หลายเดือนก่อน

    Is there any student accommodation near SMU?

    • @chionglun
      @chionglun 8 หลายเดือนก่อน

      Have. Prinsep street residence smu

  • @NghiepNgo-k3g
    @NghiepNgo-k3g 9 หลายเดือนก่อน

    Thanks Bạn .

  • @FireFoxGaming56
    @FireFoxGaming56 9 หลายเดือนก่อน

    Nice vid brother I was a lance corporal in scdf 4th division hq 😅 GO JAGUARS! 😂

  • @Yyyy12311
    @Yyyy12311 10 หลายเดือนก่อน

    Where do u get posted to after ocs ?

  • @admaiusbonum977
    @admaiusbonum977 11 หลายเดือนก่อน

    ur arms aren't even fully extended at the peak of the movement, u sure fail one

    • @Ausbals
      @Ausbals 8 หลายเดือนก่อน

      keyboard warrior, no one extends their arms fully during ippt

  • @theadventurer1602
    @theadventurer1602 ปีที่แล้ว

    Sidetrack abit: Generally, all Army Officers have lot of advantages over others in all forms of applications. The advantages is simply that you have already proven you have leadership and command abilities. Next time if you are looking for a job, by indicating you served as Officer in your NS, half a battle won for the job pursuit.

    • @dionnelson9919
      @dionnelson9919 ปีที่แล้ว

      nah they only care about your internship experiences, esp in fields like IB

  • @ThePriceEngineer
    @ThePriceEngineer ปีที่แล้ว

    very informative but misleading at the same time from the title

  • @mattyrose75
    @mattyrose75 ปีที่แล้ว

    TLDR; listen to your instructors

  • @heyheyyourmum950
    @heyheyyourmum950 ปีที่แล้ว

    you how old boi boi

  • @dastfa8402
    @dastfa8402 ปีที่แล้ว

    I thought gold rank is give 500sgd?

    • @chionglun
      @chionglun ปีที่แล้ว

      Only after you ORD if I’m correct. Nsf don’t have 500

    • @dastfa8402
      @dastfa8402 ปีที่แล้ว

      @@chionglun i see thanks!

  • @OlonaZ
    @OlonaZ ปีที่แล้ว

    Can you please help me i have been struggling to upload my proof of payment at smu Please send me their emails if you have them or link

  • @CaptainG1001
    @CaptainG1001 ปีที่แล้ว

    Just curious were u from poly or A levels? How were ur results like? Also, did u ever like took up positions such as section or platoon IC?

    • @chionglun
      @chionglun ปีที่แล้ว

      I was from poly! My results were above average and I didn’t take up any section or platoon ic role during BMT

    • @CaptainG1001
      @CaptainG1001 ปีที่แล้ว

      @@chionglun ok thank you for your advice! Btw I rly wanna go into command sch but recently I fell very ill high fever and all and had to stay out for 5 days MC total abt 7 days. Do you think this will affect my chances? Now I have to go for RT outfield and 4km route march

    • @chionglun
      @chionglun ปีที่แล้ว

      I know of people who fell sick and missed some trainings but still went to command school. Don’t be too disheartened! Just focus on what’s ahead and take it a step at a time. More importantly, it’s the friendship and memories that you forge which to me are most memorable. Just work hard while encouraging others, have fun and most importantly stay safe!

  • @wongappetit
    @wongappetit ปีที่แล้ว

    Hi can u explain your work out regine for yourself personally? Can u also explain what is 10s up and down (60s)? Is that 6 sets of 1 push up taking 10 seconds?

    • @chionglun
      @chionglun ปีที่แล้ว

      Hi! What I meant by 10s up and down is that you decline/elevate yourself as slowly as possible when you’re going down or up and do it for a total of 60s. So down (10s), up (10s) and so on until you reach 60s. That helped strengthen my upper body muscles. Honestly any push up workouts in general would help you greatly as long as you do it consistently every night before lights out!

  • @쟌디-e9g
    @쟌디-e9g ปีที่แล้ว

    The fact is..... if your academic performance is fine.. you dont need all of them

    • @chionglun
      @chionglun ปีที่แล้ว

      But if you are aiming for scholarship then other things on your portfolio do matter

  • @cocoguardian6679
    @cocoguardian6679 ปีที่แล้ว

    Really just blurred the armpits?!😂

    • @chionglun
      @chionglun ปีที่แล้ว

      It was too bushy 😂

  • @JS-rc1qt
    @JS-rc1qt ปีที่แล้ว

    HAHAHAHAHAHA OMG

    • @chionglun
      @chionglun ปีที่แล้ว

      Hehe hope you found it funny 😆

  • @איתמרעזר-מ9ש
    @איתמרעזר-מ9ש ปีที่แล้ว

    No, this journey is about getting yourself a new addiction🥳🥳🥳

    • @chionglun
      @chionglun ปีที่แล้ว

      😂 hopefully not

  • @Xu_Xin.
    @Xu_Xin. ปีที่แล้ว

    So as long as you hit the 20 push up and 20 sit up mark for both the push up and sit up station you'll get the max 25 pt for each of them respectively? Or do you have to do more than 20 if 20 is the minimum?

    • @chionglun
      @chionglun ปีที่แล้ว

      You need to be able to do the max reps of 60 push ups (25 points) and 60 sit ups (25 points) to get a max score of 50 points.

    • @Xu_Xin.
      @Xu_Xin. ปีที่แล้ว

      @@chionglun Yea I just searched it up but Thanks. Hopefully others would be able to see your reply haha

  • @YKLEdits
    @YKLEdits ปีที่แล้ว

    Yo wait aren't u from my battalion

    • @chionglun
      @chionglun ปีที่แล้ว

      Yoo which battalion r u from

    • @YKLEdits
      @YKLEdits ปีที่แล้ว

      @@chionglun 40sar

    • @chionglun
      @chionglun ปีที่แล้ว

      Nice la 💪🏻

  • @ahmadnabz5067
    @ahmadnabz5067 ปีที่แล้ว

    for phone checks what do they actually check in our phone?

    • @chionglun
      @chionglun ปีที่แล้ว

      Typically check for in camp photos and pornographic materials.

  • @aikyaaik2320
    @aikyaaik2320 ปีที่แล้ว

    With great power comes great responsibility

  • @zacklim4215
    @zacklim4215 ปีที่แล้ว

    what nowdays u guys got laptop or tablet?

  • @zacklim4215
    @zacklim4215 ปีที่แล้ว

    lmao i dunno why i am watching this ord like 7 years ago.

  • @NazirulAmir77
    @NazirulAmir77 ปีที่แล้ว

    Btw, no the machine doesn’t record a new low. The most important step is your form up before coming on the machine, not setting up properly will result the machine not calibrating properly hence the no counts. Find good machines? It’s a myth, every machine is the same. The difference is whether the machine needed recalibration or not, but if you have good form it will not affect you probably just need to go a little lower that’s all. I worked with the ELISS system for 5 years and still counting 👍🏼

    • @chionglun
      @chionglun ปีที่แล้ว

      Thank you for your insights! Hope it helps others 😊

    • @syakuilleoatmeal
      @syakuilleoatmeal ปีที่แล้ว

      what do you mean by “ most important step is your form up before coming on the machine” ? 😅

  • @alexteo6371
    @alexteo6371 ปีที่แล้ว

    I Served NSF Since 16 March 1988. Those Days, We Received Monthly Allowances, as Per The Enlistment Act. We Don't Receive Salaries, Unlike Workmen. Not sure What's Happening Nowadays. Salaries; Refers to Employer-Employee Relations, versus Enlistment Allowances.

  • @coolest.j7285
    @coolest.j7285 ปีที่แล้ว

    Hi, I'm in NP BA, and I'm very nervous abt being able to maintain a stable GPA in my course, so i just wanted to thank you for sharing these tips as my very first lesson in NP will be 2 weeks from now😊

    • @chionglun
      @chionglun ปีที่แล้ว

      Glad it helped :)

  • @zhien1035
    @zhien1035 ปีที่แล้ว

    Hii wanted to ask if you have any CCA while in poly and if u do,how do you plan your time to revise after CCA cus won't u be tired? and also vv good video!!

    • @chionglun
      @chionglun ปีที่แล้ว

      I was from Sandbox! Cca won’t be everyday unless you are in the exco community, but it’s only busier nearing event periods. Squeeze in time after school, b4 cca n afterwards for your studies. Study smart like perhaps asking for tips n hints from others to narrow down the things you need to study

  • @coleknight1170
    @coleknight1170 ปีที่แล้ว

    Thxs I could not find how much time they give u for push up & sit ups

    • @admaiusbonum977
      @admaiusbonum977 11 หลายเดือนก่อน

      2 minutes, such easy game. used to be 1 minute only when the new system came out

  • @ankur2804
    @ankur2804 ปีที่แล้ว

    bro how to apply for the ug course in school of economics if you are an indian and can i apply for smu after my 12th standard.??????

  • @veenasaju43
    @veenasaju43 ปีที่แล้ว

    Can you please help me ..When does the admission for SMU starts?

  • @andrewie4
    @andrewie4 ปีที่แล้ว

    The way u give advise here. U will go far ah boy!! I will see your SMU video soon. Keep it up ya!!! Uncle here so happy to know tat u r doing well in life!!! Jia you

  • @cytan9187
    @cytan9187 ปีที่แล้ว

    Very nice summary of the work of an officer. I hope you are able to talk to your CSM about procedures because he's the most experienced person in your company. I was in an SIR about 4 decades ago and I don't recall having to do so much PT in my unit -- so, NS 4 decades ago must've been a lot less "xiong" than now :) Here's my opinion: for people who think that NS is a waste of time, Chiong Lun's experience shows that it is what you make of it. If you're a commander at 18 -19 years old, you're just a kid right out of JC and yet you are given a very heavy responsibility to take care of your men. Not only is the responsibility heavy, you have to execute those responsibilities under *pressure* while you're still learning yourself! I really don't know anywhere else you can receive this trial by fire type experience which will turn out to be very valuable in the civilian world. Just my 2 cents.

    • @chionglun
      @chionglun ปีที่แล้ว

      I absolutely agree with everything that you said! With high pressure, stress and responsibility there will be times where one fails too. However, this is where we learn about our own flaws and failures so as to strive for continuous improvement. To me regardless of rank and role, army provides everyone an opportunity to learn, reflect and improve should one chooses to. Some roles may seem smaller than others but every role is important in making sure the army runs one way or another.

  • @beefdon
    @beefdon ปีที่แล้ว

    Hey! Recently there is a ocs guide going around in advertisements. Any chance that's you? Been trying to get a copy of it

    • @chionglun
      @chionglun ปีที่แล้ว

      Nope! Haha saw that ard too but that’s not from me.

  • @janelle4811
    @janelle4811 ปีที่แล้ว

    hi, great vid! may i know what questions were asked during the scholarship interview?

    • @chionglun
      @chionglun ปีที่แล้ว

      It’s been some time since my interview but mainly they ask questions like why I deserve this scholarship, any side projs im doing now, passion/hobbies. If i recalled the conversation was mainly towards what I was doing then and in my spare time

  • @chervianator
    @chervianator ปีที่แล้ว

    great video :)

  • @chervianator
    @chervianator ปีที่แล้ว

    nice thank you