G-Xchange Inc. president and CEO Ren-Ren Reyes describes the past year of local startups. #EsquirePHVideo #EsquirePHEvents
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00:00I feel the startup industry has actually been becoming more active so it's very
00:05encouraging to see. I see there's a lot more kind of funding also coming into
00:10the market so again that's that's very good you know for those who want to
00:14build a startup in the Philippines. I think there's more we can do. I think
00:20you know kind of having the appetite there is appetite and kind of getting
00:24education for our budding entrepreneurs and to really how do you say invest and
00:29take the risk I think will be important if you really want to build a very
00:34successful and entrepreneurship ecosystem. One piece of advice go to your consumer
00:42your target market and really understand their need and become really the best at
00:46trying to serve that need you know so you build expertise and if you focus and
00:53become the best then you have a high chance of success.
00:59you