Jayden Lal Blog
Sunday, 15 July 2018
Auckland Champs (Winners)
Auckland Champs (Winners)
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Business Trip to Singapore
Business Trip To Singapore
In the recent holiday, I had the privilege of being 1 of 10 students from all over New Zealand to attend a fully paid business trip to Singapore. With the help of Cameron McCormick, I submitted a 60-second application video that ultimately led me to be selected as an ambassador for New Zealand Entrepreneurs.
Meeting the other 9 students on the first Saturday of the holidays at Auckland Airport was exhilarating. However, knowing I was going to meet like-minded individuals and take on challenges with new people from different countries made the anticipation even more exciting.
In the last 2 days of the trip, we did a 48 hour shark tank/dragons den presentation, where we cooperated a Singapore student business group. We then formed 5 groups of 4 students and went straight into building a business idea and prototype, as well as create and practice our presentation. Yes, I will admit it was a stressful time, but we all worked extremely hard for the time we were given and did as much as we could. My group created a prototype app called FOODPAL which helps track the food you have in your pantry and what you have spent on items, and keeps records of all of your recipes. We then had to show the functionality of the app and explain the need for it to the judges in the NZ Chamber of Singapore. My Group won the challenge “Winners of the 2018 Southeast Asia Centre of Asia-Pacific Excellence.” We have strong interest in our idea which may potentially lead to me and my NZ teammate Max to return to Singapore to further develop it. This trip has really opened my eyes up to the wider world and has intensified my passion for business.
Singapore was a truly enriching experience. Beyond the business knowledge I have taken away from the trip, the differences in New Zealand and Singapore's lifestyle allowed me to gain a new perspective on culture. We visited many people including High Commission of NZ and his team, and NZ entrepreneurs who run successful businesses such as XERO Accounting, which enlightened us on their profession and their knowledge. XERO Accounting, in particular, talked about how they overestimated their ability to take off in Singapore and how they struggled and overcame these problems. We also went to visit and speak in places such as the Singapore Stock Exchange and High Commission, which was very interesting. Here, we learned about the reasons for needing a stock exchange as well and how it works.
This trip has been amazing, won’t ever be forgotten, and the global business knowledge learned will be taken forward with me into the future.
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