Jumpstart Magazine May/June 2014 | Page 38

36 JUMPSTART JUMPSTART Student Entrepreneurs of Hong Kong In every issue we’ll highlight several remarkable students who pursued enterpreneurship while still in school. INTERVIEW WITH STANLEY PANG FOUNDER OF GOLD MINE INTERVIEW WITH VIN NG Stanley is a student at Hong Kong University, graduating this June 2014. T he ambition for my project, Gold Mine, is to transform the perception of a locked screen to users. Our Android app idea started with the question, ‘Why should there be a locked screen for a phone?’. Our team thinks that the current locked screen is boring but it could be fun. By providing a fun experience and customized contents within the 2 seconds used for unlocking, the Gold Mine team hopes that users can indeed feel that they are using a ‘smart’ phone. FOUNDER OF DIRECTION.HK Being a student and an entrepreneur at the same time is not easy. First of all, it is very hard to find student start-up partners in Hong Kong. Many do not want to give up their highly paid ibank offers in exchange for an unpaid start-up role. Also, fundraising takes a lot of effort, as it is not easy to make people trust inexperienced teenagers. Fortunately, the endorsement by Cyberport of this project has helped us to gain partners. Despite all the limitations, we have never thought of giving up as we are so passionate about our project and nothing can extinguish the fire in our hearts. Business Portrait Photography I began my startup company, direction.hk, when I was studying for a degree in economics. My company is based in Hong Kong and specializes in providing high-quality, tailor-made T-shirts, polo shirts, jackets, customized corporate uniforms, and fine gifts for different organizational groups. From a young age, I had an interest in business, and while at university I set a goal to start my own business. My inspiration was because of my childhood background. I studied in England, and my parents worked hard for me to have that education. Therefore, I wanted to start a business to earn money and have flexibility to spend time with my family. The reason I chose to start this business was because I noticed that the uniform and T-shirt market was monopolized by a few companies, and I felt that there was an opportunity in terms of sales volume. At the beginning, I promoted the company through my network of friends and relatives. Then I shifted the focus to online social media marketing, such as Instagram and Facebook. One way I promote is through the distribution of leaflets. I go to corporate offices, organizations, and schools as the most direct, effective way to reach the clients. Managing my academic work and my business is difficult. However, I feel the key factor in balancing the two is time management. I schedule time for work and time to focus on academics, which often means giving up free time with family and friends. I also balance work and school by cooperating with my partners. It is important to have partners who are willing to help share the work. The uniform and T-shirt industry has a low barrier of entry, meaning that many people can enter the market with few resources. This has caused a challenge for my company, as more competitors start to appear. Hong Kong is a very informationmobilized society, and my goal is to continue to have my company stand out in the market. Get Your Photograph Taken For Marketing Materials, Social Media, LinkedIn etc. We Offer On-Location 45-Minute Session, After Which You Will Receive 3 High Resolution, Fully-Retouched Photos. Special Offer Through June 30, 2014 $1,500 Book now! [email protected] +852.9740.6091 www.pimphotography.net 37