[RECAP] Fundraising Strategies for Early Stage Startups Seminar at Block71

 

ANGIN team members attended the ‘Fundraising Strategies for Early Stage Startups’ seminar on the 21st of February, hosted by BLOCK71 Jakarta, to gain some insight in the criteria venture capital investors are looking for when investing in startups.

The Kopi Chat was between Peng T. Ong, Managing Partner of Monk’s Hill Ventures and moderated by Roshni Mahtani, CEO/Founder at Tickled Media – theAsianparent.com. It was quite a great experience listening to the expertise of Peng T. Ong who was the founder and CEO of Interwoven and Encentuate and the co-founder of Match.com – all three of these companies had successful IPOs on NASDAQ. He put a focus on being driven by actions and living in Indonesia he believes his current purpose is to foster growth is SEA globally through supporting technological prospects.

The event was well attended by many entrepreneurs – locals and foreigners from around the globe – looking for investment knowledge related to the Indonesian market.

Ong highlighted his venture capital investment philosophy in SEA into three points:

 

  1. The Entrepreneur team and founder must be coachable to grow and learn. The entrepreneur must be mature enough to make changes in themselves and to the company in order to adapt and be successful
  2. It needs to have a big business outlook – this is how it should work in SEA. Reaching a global market is vital and there must be opportunity for potentially 1 billion people and generate at least USD 100 mil usd in revenue within 4-8 years.
  3. The business must be able to differentiate itself from competitors as is grows and they must have sustainable proprietary information. Accumulation of proprietary information is key to growth and success.

As a entrepreneur Ong also explained that when starting a company it is also essential to keep clarity, integrity and resilience and to never compromise in the face of weakness as this will just lead to more compromise.

Overall it was an insightful evening which allowed junior ANGIN team members to game an insight into the large scale criteria and requirements of companies in which a VC invests in as opposed to an angel investor.

 

Giulia Sartori: Founder of Miachia

Tell us a bit about yourself.

I’m Giulia Sartori, I’m the founder of Miachia. We specialise in energy bars and bites, made from real fruit and premium ingredients.

You started in climate change consultancy, what was the point at which you decided to switch careers?

My background is in economics. I did a masters of environmental management and I started my career in climate change about 12 years ago. To be honest, I didn’t really know if I wanted to quit my job for good, and I still don’t. I just needed a break from that environment, despite the fact that I really did like my job. Around a year and a half ago, I wanted to change jobs but I couldn’t find anything that was exciting enough. Then I had a terrible experience with my boss at the time, which made me really want to try my own thing, something different. At that time, I was really excited about healthy eating and food. So I thought I might give it a try.

So you were already in Indonesia? Why did you choose to base your company here?

Yes, I came to Indonesia about 6 years ago for my work and my husband followed me. It was a funny evolution of things actually – he wasn’t feeling too well at first, and was later diagnosed with gluten intolerance. I then decided we had to change our lifestyle, so I enrolled myself in a nutrition course that I was doing at night and on weekends. From there, I started experimenting with recipes and things that I could do. I wanted to have a healthy lifestyle for us and the kids, but I couldn’t find much in the Indonesian market. It just came to me that maybe I could start my own business creating healthy snacks.

What is the concept of Miachia?

The concept is dead simple, but funnily enough it’s a concept that a lot of people don’t understand. So our products are 100% natural with no preservatives, refined sugars and syrups, just using 2-5 ingredients. Just nuts, fruits, and seeds. That’s it. So it’s really simple, but many people don’t see the added value of eating so simply and so naturally. The thing that I have most difficulty with, is that we say that our products don’t have added sugar in them, which they don’t, but are naturally very sweet because we sweeten them with fruits like dates, figs and raisins. Many Indonesians won’t believe us when we say we don’t use any sugar – they say, “They’re really sweet, how is that possible?” We just blend fruits!

We also try to source everything locally and directly from farmers as much as possible.  Unfortunately it’s not possible for all our ingredients, so what we do source from outside, we try to source from organic suppliers.

So your market a mix of Indonesians and expatriates?

Yes. Initially, it was purely expats. Simply because those were the people that could easily understand our product. The feedback that I got was surprisingly really good. At the moment, I’m trying to expand to the Indonesian market as well, which is generally upper-middle class. Number one, because those are the people who are concerned about diet and healthier eating and are also able to afford our product.

Having led number of teams throughout your career, what leadership lessons have you learnt?

When I started Miachia, I made a conscious decision to only employ women. Particularly those who did not have an education, both older or younger and haven’t had many previous employment opportunities. With that in mind, I have had problems that i’ve never had before in terms of leadership. One of them is implementing procedures and standards, and explaining why things are done in a certain way, has proven difficult to put in place and enforce. The main thing i’ve learnt is to be flexible and patient. I did not have a lot of patience before and I could often be demanding. I was very fast paced then, whereas now I have to take a step back and go a lot slower.

Being a mother of two kids, how do you juggle all of it? What are the secrets?

Look, I have to admit, I never get it right. There are times where I really need to focus on work, and I just focus on that a lot more than my family. Then there are times where I have to take a step back and take more time for the kids and the family. Maybe I’ll go to work and then come home a little bit earlier. Weekends are absolutely non-working days. So I try to have a balance but very rarely I get it right. I just see what is priority.

Overall, the family has always been my priority. Of course work is important, but I always try and make time for them. When I quit my job, I started this company with the intention that I would examine how the business if going after a year, and decide whether to go back to work and find myself new employment. So during that year, I worked so hard to get this company up and running. But I also wanted to enjoy my kids while I still had the flexibility, which I wouldn’t have in a normal 9 to 5 job. So I tried to spend a lot of time with them, because they’re small and need time and attention. People say its quality versus quantity, and at this age it’s actually the other way. It’s about how much time you spend around them, so I try to be around as much as possible.

Do you have any advice for any young women who want to go into entrepreneurship?

One of the advantages I had in starting my own company was that I was not afraid of failure. That helped me a lot, it helped me to start and not overthink it. Therefore I focused on how I was going to do things and try to be successful, rather than sinking into fear and thinking about the what ifs. I actually give mentorships to other women here that are looking to start their own business. The most common question asked is ‘What if i fail?’ My answer to that is

‘So what?’ If you fail, at least you will learn something from the experience and wouldn’t have lost much except time, and even that is compensated by the experience that you’ve learnt. My advice to young people is don’t be too worried or scared to fail, because you probably will in some areas at least. Just take that lesson and you apply it back to something else next time.

When starting a business pitch your idea and business model to as many people as possible, especially entrepreneurs, their feedback will help you structure or improve the concept. Within this year and a half of starting Miachia, there have been many things that have not worked at all. For me, it’s just been expenses in terms of money that I’ve thrown out the window. But I wouldn’t have known if I didn’t try.  Don’t be worried about what your friends or family will say, just do it. The younger you are the less you have to lose as well. So, who cares.

[RECAP] WU Reconnect Party

To celebrate their new space, WU Hub hosted a networking party last Thursday (08/02). The event was well attended by dozens of startup founders, investors, and several ecosystem builders.

We would like to congratulate WU HUB for the newly opened coworking space!

Thinking of moving to a new working space? WU HUB might be your perfect fit.

Strategically located at Kuningan area (opposite Setiabudi One), WU HUB offers shared desk (30+) and private offices (8) at affordable price. Find out more about WU HUB on here!

 

Dayu Dara Permata: Senior Vice President of GO-JEK

Tell us a bit about yourself.

My name is Dayu Dara Permata. I am the Senior Vice President of GO-JEK, and co-founder of GO-LIFE which is the lifestyle division of GO-JEK.

What was the inspiration behind the GO-LIFE division?

Back in 2015, GO-JEK had just launched its mobile application which had 3 services – transportation for 2-wheels, logistics for 2-wheels and food delivery. Nadiem [Makarim] reached out to me and asked if i wanted to join his team with this application called GO-JEK. At the time, it was a really small startup – with only about 12 people in the management team in a very small office.

I asked him, “Why do you want me to join?” to which he shared with me his vision for GO-JEK – as a tool to empower the informal sector through technology and user-centered design, which is done by providing a platform for users and service providers. Nadiem started with transportation services and logistics which he believes to be the backbone of the business. But on top of this backbone, he believed that you could build layers and layers of services, which is how GO-LIFE came about.

We are harboring the opportunities in the market – the skills and talent out there, the service providers who struggle to find customers, who make barely enough money to make a living yet at the same time, are very productive and skillful. While on the supply side, there are inflexible working hours, with some people working away from their families for 8-10 hours, even when there are no customers. And on the demand side, you see all these customers struggling to find service providers, who are also limited by operating hours. At certain hours, everyone has to queue, and then other times it is idle. It’s simply inflexible.

These inefficiencies in the market means there is an opportunity to aggregate. So that’s how the idea came about. When Nadiem reached out to me he had no idea what kinds of services were going to be launched, so I had to figure that out. I pulled my best friend in to be co-founder, and pushed for these 3 new services (on-demand beauty, massage and cleaning services) because I am an avid user of these services. Nadiem always told me that when you invent something, make sure it also solves your problems and that you’re passionate about it. So then if things don’t go well, at least you’ve solved your own problems.

Where do you see GO-JEK going in the next few years?

GO-JEK now has become a one-stop app for urban needs. Three years ago when I first joined the company, we were just starting with transportation and logistics services. Now that backbone is very strong, and any services can really be built on top of it. We are the largest transportation network in Indonesia with around 1 million drivers, whether it be 2-wheel or 4-wheel. We are the largest logistics network in Indonesia, the largest cashless payment network and the most diverse in terms of the services we provide – transportation, logistics, food, retail, shopping, lifestyle, to professional services and payment – you name it.

Where is GO-JEK going next? When you want to grow a business there are only 3 things you can do: Firstly, you can diversify your services. We’ve just started to do that, and we are not even halfway done yet! In the next coming years, we will continue to diversify our services.

Secondly, extensifying or expanding to other regions.  Indonesia has more than 300 cities, more than 100,000 populations. Now we are in 75 cities. There are still 200+ cities to expand to just in Indonesia. The opportunities are even more immense outside of Indonesia.

Last but not least – intensifying. For every service that we’ve already launched, one of the other features is to make things more efficient and more effective,  and to provide more uses and solve more pinpoints.

Being a woman who is also quite young, have you ever felt undermined because of that?

Ever since I started my career, I have always had that feeling of being inexperienced and very young, particularly being a woman in a male dominated industry.  So when I first jumped into the workforce, I started working as a corporate strategy analyst in a company where I was the youngest, the most clueless, etc. So you always have to establish yourself. How you do that is by working to the best of your ability, continue to learn and never stop. Step up in your role in every opportunity. If you’re given a small role, go beyond that scope and prove that you can do it and next thing you know – they give you more than your initial scope, and before you know it you are leading the team and responsible for a major deliverable and exposed to top management and shareholders. So that’s what happened in my first year working as a corporate strategy analyst.

Then, I was a consultant at McKinsey. I was also the youngest there in every team setup. I had to work with clients with more than 20 years experience in that particular field and you have to advise them. Of course you will also be undermined. The things we hear from time to time from clients, like “Oh my socks are older than you!” or “What are you doing here? You’re the same age as my daughter!” These were very common. You will always get undermined if you are young and inexperienced, if there’s someone more senior than you and you’re also working on something you’ve never done before. The key is to establish yourself, do the best to your capability and scope, go beyond that scope and prove that you can.

What are the most challenging aspects of your work? How do you stay motivated?

The biggest challenge for me as a leader is to manage people and to lead. In my life, I’ve read probably more than 100 books on leadership, and have been exposed to a lot of coaches who are good leaders. So I thought I knew a lot about leadership. I never led until I joined GO-JEK, because at McKinsey I was an analyst and mostly interacted with researchers who I didn’t have to manage. When I hired my first 60 members at GO-JEK, I realized I didn’t know how to lead despite all those books I had read. That is the most challenging part of being a leader – to lead, and how you manage these human beings with feelings and emotions – today they could be happy, tomorrow they could cry. When you give them guidance, some of them get it and become easily motivated, while others continue to be clueless.

My teams grew quickly from 60 to 150. So, feel like my biggest challenge everyday is how to manage people, how to develop them so that they can be the next leaders, and hopefully be my successors. I think leading is like giving birth, you can read hundreds of books on how to give birth, you don’t know how it feels and what it takes until you are the one actually doing it. So I think it’s just about practice and try to be a better version of the leader everyday. Because everyone is a work in progress. I don’t think anyone is perfect, it’s always contextual and situational. You can be a good leader for a certain company or organization, then you take on a different role and have to start all over again. So that’s the challenge.

How do you motivate yourself on tough days?

First of all, when you do something, make sure it’s something you’re passionate about. You’re not only in it for the money, but that you’re in for a good cause. Because there needs to be a purpose to do well, but also to do good. If you have that, then everyday will feel lighter. There are also challenges everyday that sometimes takes problem solving. How I get through my day is by reminding myself what I am here for. That means taking a step back to re-prioritise and understand what matters the most. Is it worth fighting for? You need to choose your battles. You can’t be stressed out about too many things. Understand what you can control and forget what you cannot control, because if you think about it all the time, it will just make you very unhappy. So, understand what’s within your scope, what you can control, and then solve it.

Do you have a female role model who has impacted your life?

I look up to Cheryl Sandberg (COO of Facebook). I think she is very inspiring in the way that she is a great leader – a great leader for herself, for her team, for change and for causes that she believes in. At the time, she was in her thirties, in a senior role working as the United States Secretary of the Treasury. Then, Mark [Zuckerburg] came to her asking her to join his online social networking company. She decided to take a chance and trust in Mark, someone who was 15 years younger than her. She has that audacity, fearlessness but also humility. She inspires a lot of people.

If you could tell young girls in the world any message, what would it be?

I have this mental model I call B.R.A.V.E. ‘B’ stands for believe in yourself, if you can or believe you cannot you will be right either way. So whenever I do something, I believe I can. If you have the mindset that you can’t do it, you’re already halfway to failure.

‘R’ is role model success – which is important if you want to be successful as a female leader. Everyone wants to be successful. but there are many definitions of success. My success means something very different to someone else’s success. Make sure you know what success means to you – that could mean leading a team of a thousand people or to be like someone, whether that person be Mark Zuckerberg or Bill Gates or Jokowi. Once you have a goal in mind, the journey can be zig-zag or sideways but at least you know you’re going there.

‘A’ stands for attain rational distance. Sometimes when women think they want to drop out of the workforce, it can be short-sighted, focused on the short-term, or purely fueled by emotions. If you want to be a successful leader, you always need to attain rational distance whenever you make a decision. Whatever decision you make will affect you and your future. If you make decisions, ask yourself the question – Will my family and friends be happy about it? In ten days or ten months, will I be happy about it? If the answer is no, then probably don’t make that decision or at least postpone it until you are more rational.

‘V’ is view failures as a learning. As an entrepreneur and a leader, most times than not you will fail at the first time you try. The success rate of startups is 10% which means if you try 10 times, you will succeed at least once. If you bump into failures, don’t feel like this is the end of everything. Just think of it as part of your learning curve. As I go on and make mistakes, I learn to do better. Then, at some point my performance will outdo my failures and I will be a high-performing leader and individual. So, view failures as the cost of learning.

‘E’ is expand possibilities. A lot of female leaders think they have to choose between career or family, love life or professional life, and being successful at work or at home. That is exactly what will happen if you think that way. You will only succeed in one of these areas because that is your mindset. Expanding possibilities is about believing that you will achieve everything, not at the same time, but at the right time. There might be a time where I will want to settle down and have kids. That means that in the next 9 months, I will have this hormonal turmoil and might not be my best self all the time, but it’s ok because it’s an investment. Once you have given birth, maybe your priorities will shift to make sure that your kids are well-looked after and you become a responsible mother. But after that, you can basically run again and continue your marathon. Believe that you can be successful in everything that you do, be ready to pass in and out of your career and family until you find the right balance. Just be brave.

 

[RECAP]: Yale School of Management: Global Social Entrepreneurship Indonesia 2018

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Global Social Entrepreneurship (GSE) is an elective course and student-led club at the Yale School of Management (SOM). Founded in 2004, GSE has emerged as one of the most popular elective course offerings at SOM. The course is centered on experiential learning, providing students with the unique opportunity to design and engage in pro bono consulting projects with non-profit and for-profit social enterprises working in the fields of economic development, education, sustainable energy, and healthcare.

Each year the GSE course focuses on a different country. Since its inception, GSE has worked with organizations in Peru, South Africa, Madagascar, the Philippines, Colombia, Thailand, Nicaragua, Ghana, and Brazil. For 2018, GSE will be working with client organizations in Jakarta, Indonesia in partnership with the Universitas Indonesia Faculty of Economics and Business.

ANGIN team has been selected by The Yale School of Management to collaborate with GSE to address key business and strategic challenges. We will be working with  a team of five highly qualified students from the Yale School of Management and other graduate and professional programs at Yale University, including Forestry & Environmental Studies, Public Health, and Global Affairs. Our team will also be joined by a student from the Universitas Indonesia. Along with the resources of Yale University and Universitas Indonesia, these students will bring a wealth of professional experience to address the challenging, real-world problems facing social enterprises and non-profits.

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[RECAP]: Australia-Indonesia Youth Leaders Workshop

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It was a pleasure participating in the 2018 Australia-Indonesia Youth Workshop on the 1st & 2nd of February which ran parallel to the Indonesia-Australia Digital Forum. It was a great opportunity to strengthen the people to people links of Australia and Indonesia, enhancing the bilateral relationship. The workshops took place at the Fairmont Hotel and The Australian Embassy Jakarta.

The overarching theme for this workshop had a focus on the digital sector. Throughout the program we were presented talks and keynotes by distinguished professionals in the startup and investment space including Nigel Hembrow, Willix Halim, Fransiska Oetami and our own angel investor Francisco Widjojo.

From this as diverse teams of young Australians and Indonesians we engaged in discussion and formed problem statements to address issues in the Indonesian economy. The winning team now has the opportunity to put there idea into practice with a $10,000 AUD award.

Overall the two days were a great collaboration between the Australian and Indonesian government with an excellent initiative for greater change.

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[RECAP]: Indonesia-Australia Digital Forum 2018

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Thank you to the Indonesian and Australian Governments for jointly hosting the excellent Indonesia-Australia Digital Forum. As Australia’s Department of Foreign Affairs and Trade noted: “The objective of the program [was] to build new areas of cooperation, and to drive momentum in Australia’s commercial links with Indonesia’s vibrant digital economy.” As ANGIN, we were excited to participate in the program on the 1st of February, as well as the supporting program for collaboration with Australian business on the 31st of January.

The conference saw many guest appearances from both key members of the Indonesian government as well as the Australian government. Notably the Gala Dinner was hosted by the Indonesian Minister for Communications and Informatics, Pak Rudiantara. Also present was The Honourable Michael Keenan, who congratulated the forum participants for showing real commitment to the shared future between Australia and Indonesia. Australia’s Prime Minister, Malcolm Turnbull, also made a televised speech from the other side of the ocean.

Being a part of the supporting program for Indonesian and Australian businesses on the 31st of January was also incredibly insightful. A number of important voices in the startup space from both the founders side and the investors side came together to describe the challenges for building transnational private partnerships. To that end, a number of stakeholders were called on to voice their opinions. There were two panels, one facilitated by Convergence Ventures’ partner, Donald Wiharja, and the other by Algorith.ma’s managing director and co-founder, Nayoko Wicaksono. Some topics discussed were: “Will Indonesia’s payment process follow an American or Chinese model?” and “What are the challenges for e-commerce development in Indonesia?”. To answer, a number of industry leaders came together and drew on their vast experiences, notably: COO of Bukalapak, Willix Halim; founder of Acorns, George Lucas; the President of FinTech Australia and Managing Partner of Inventure, Simon Cant; as well as representatives from McKenzie Consulting, the Bank Central of Indonesia, and many other well-recognised speakers.

In addition to the fintech and startup stream that ANGIN participated in, there were a number of simultaneous discussions on the topics of digital health, cyber security, smart government, and creative digital industries. It was truly a comprehensive and informative few days.

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RECAP: Clapham StartupFest 2018

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From February 2 – 3, EV Hive at Clapham was buzzing with young entrepreneurs, students, and investors alike attending the third annual Clapham Startup Fest. Clapham StartupFest is an annual event that aims to bring together the startup community of Medan through two jam-packed days of workshops, panels, and networking. Founders did quick pitches at the expert speed-dating sessions to representatives from investor groups like ANGIN and East Ventures, while others sat in on specialized workshops such as copywriting for social media and legal considerations for startups. Attendees were able to attend a variety of panels and talks ranging from an all-female panel speaking on the unique challenges faced in the workplace to Go-Jek’s Crystal Widjaja speaking on using analytics to manage growth to a personal fireside chat with Kevin Darmawan of Coffee Ventures.

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ANGIN and Connector.ID were able to take special part in Clapham StartupFest this year. ANGIN’s Valencia Dea explained angel investment to a crowd of young and aspiring startup leaders and sat on the Womendiri panel, while Meredith Peng hosted a workshop on the fundraising landscape of Indonesia and how to approach various capital providers. ANGIN team were also glad to discover confident and passionate founders at speed dating and Pitch Stage session.

It was an especially vibrant event this year, with inspiring panelists and event attendees alike. The future of startups is looking bright in Medan, and our hope is for ANGIN and Connector.ID to continue to support this entrepreneurial city’s ecosystem. Special thanks to the Clapham StartupFest team, the event sponsors, and Christopher Angkasa for creating this event and showing us some signature Medanese hospitality!

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Elisabeth Kurniawan: Founder of The Shonet

Tell us a bit about yourself.
My name is Elisabeth. Currently I’m running The Shonet, which is a shopping network that connects brands and readers through interactive content. We position ourselves as a social commerce that combines content and commerce. There are a lot of e-commerce and media outlets, but there needs to be a coherence between both. So that’s why The Shonet exists.
Where did you get the idea for that?
In Indonesia, there is a need for credibility in a platform. We are targeting millennials and females who are seeking advice from industry experts, and care about who writes the content.  Especially now with a lot of printed media shifting to online, and a lot of what’s online is often mainstream and viral. There is a need to go back to our roots and make sure that credibility is there.
Fashion is quite interesting because it’s quite heavily dominated by women. Is it the same dynamic in Indonesia as it is in the States, being a woman in fashion?
I think in the States, there are also men in fashion. It’s funny, people study fashion to be in the fashion world. But actually in the retail/fashion business, most of my colleagues were ex-bankers actually; they used to work for Goldman Sachs, Morgan Stanley, etc. But for people who study fashion, everyone has to start from internships. I think there is a huge difference in the fashion world versus the actual job. Even in fashion there’s a requirement that we need to be on top of everything, cater to small details, grab coffees, run errands. Those are the things that are included during internships. Whereas in Indonesia, people see internship as different aspects. Actually, those coffee runs – if an intern doesn’t mind grabbing coffee, we can tell that they don’t mind to do the dirty work.  
How do you see yourself shaping the Indonesian fashion scene? Because everything seems so set in States, it seems like Indonesia is quite the environment to change things and move around. It’s very dynamic. How do you think you can shake things up?
I am not a big fan of the culture in the fashion industry back then because there was a lot of seniority. I wish it was more of a flat structure. Everyone can have an opinion and doesn’t have to be afraid to speak up about their ideas. I love the culture of tech companies, and bringing that to the fashion industry is important. The reason why companies like Google, Facebook, and Netflix are so successful is because of the open culture. They are very open to ideas. In fashion, it is very hierarchical. Whereas in tech, you can ask anyone anything. I want to change this in Indonesia. Our company is focused on fashion, lifestyle and beauty, and enabled by tech. We are incorporating a culture where its open and receptive to ideas. But we still have the persistency and quality of the fashion industry. So it’s a mix of both.
In the West, fashion can be seen as empowering women by giving them more choices. But there’s also self-image – a lot of people criticise fashion for having adverse effects on girls’ self-esteem. It’s difficult to say whether its empowering or not, especially because a lot of the fashion powerhouses are run by men in the States and in Europe. What’s your opinion on that? And how can fashion in Indonesia be empowering?
Especially with the growth of women leaders in this country, it’s about promoting gender equality and the idea that women can lead as well. If we see the statistics, a lot of women have lower salary than men, regardless of position and whether women can perform as well. But by having more women in leadership positions, we can minimize those scenarios and start making a difference. Being in the role, we are able to structure things based on performance rather than gender. These gender biases are happening in Indonesia. However, this country is starting to see more women leaders. These are sensitive topics, but they are real. These things are possible to be changed as long as the leader wants to change it.
Is there gender bias in an industry like fashion that is dominated by women?
Yes, even in fashion. That’s why everyone is promoting the idea of women’s empowerment. At first, I thought that gender biases were only prevalent in the banking industry which is very male dominated. But no, I’m actually quite surprised.
Have you had any major setbacks in climbing up the ladder?
I did back in the days. Because I wasn’t a US citizen, I was a foreigner. I used to have a dream of making it in the States and being better than average. Having that mentality has pushed me to perform better. The part of the challenge is that when it comes to foreigners, it’s a question of “Can you be better than everyone else?” That was in the early stages of my career, but I was very persistent to make a difference. Once my boss saw that, he started to put trust in me which then opened up to more opportunities. I climbed up the ladder from there.
You have to try twice as hard as a foreigner?
Exactly. And do the things that nobody wants to do. Once i had to run after a FedEx truck because of a delivery that we had to make sure came on time. There was another time when I had to deliver 20 cappuccinos to an office, back and forth from Starbucks in the middle of a snowstorm. I literally had to do that — these things that are unseen in the industry.
Wow, that’s crazy! Do you have any advice for young girls trying to break into the fashion industry?
Persistence, stop complaining and having a positive mind. Especially in the moments where you struggle the most, remember to just be positive. Just be open about criticisms and setbacks. Always thrive to be better. It’s hard for people to take criticism sometimes, especially millennials. Just never give up, which mean you have to see a lot of positives in criticism. That’s where I’ve been able to grow the most – through criticism. Don’t give up easily.
What do you tell yourself on those days where you want to give up?
I just keep focused on why I do what I do. If i give up right now, the things that I did and the people that believed in it –  it will all be for nothing. There are a lot of things that give you the urge to give up, but I just keep pressing forward.
What’s the best thing you love about your work?
We bring good impacts, we know we have a vision to bring back the credibility and to appreciate people. Sometime, companies in Indonesia don’t focus on the people, but highlight the brand more. That’s why we aspire to make that change. We aspire to empower through community where we showcase the people, and the people that will make a proper publications and bring impacts in the industry landscape in Indonesia, especially people who are passionate about fashion and beauty; have been in the field it for a long time. It’s about creating their legacy in digital world and empowering things that matter. That’s part of our vision.

Ibu Shinta Kamdani: CEO of Sintesa Group and Co-Founder of ANGIN

From Indonesia Tatler Website: //www.indonesiatatler.com/society/shinta-kamdani-on-being-indonesia-s-influential-business-leader 

Shinta Kamdani On Being Indonesia’s Influential Business Leader

Shinta Kamdani, CEO of Sintesa Group, sits down with Indonesia Tatler to talk about her journey to become one of Indonesia’s most influential business leaders. 

The journey to get to where she is has been a long and arduous one. Knowing all along that she would one day be handed the reins of the family business started by her grandfather, Shinta Kamdani had to do everything in her power and more to prove to herself and her parents that she had what it took to lead the company.

Despite being born into a family of entrepreneurs, the third generation heir of the family business started her illustrious career at the very bottom. And proved to them she did. Today, Shinta is the CEO of Sintesa Group, a conglomerate of 17 distinct companies, unified under one banner by Shinta herself.
The family business started as a rubber plantation in 1919 established by Shinta’s grandfather, Oey Kim Tjiang. It then shifted its focus to trading in 1959 when her father, Johnny Widjaja, took over. At that point, it was only a matter of time before Shinta would be handed over the reins. Shinta remembered the times during her primary school years when she would help out at her father’s office, even if it was in the smallest capacity. It was when she was 13 that Shinta got her first experience of trading: selling books door-to-door. Through the successes and failures of the experience, Shinta was determined to push on and gather as much knowledge and experience as possible. No school vacation since then had gone by without Shinta doing some form of work. The trend continued on to her university days, where she would intern at various companies during term breaks.
Having garnered experience at various companies, Shinta immediately began her career at the family business, as a promotion and marketing staff at one of the subsidiaries focusing on consumer products. Despite being the owner’s daughter, she did not receive any form of special treatments. It took years of hard work and putting in plenty of extra effort before she got her first promotion. Shinta was extremely proud of this promotion as years of hard work had finally paid off. No one could take it away from her as she had done it all by her own two hands.

The biggest breakthrough for Shinta came a few years later when she proposed the concept of unifying the numerous independently operating companies under one holding company. Her time in the company had made her able to view its operations from a different perspective, thus identifying the areas which needed improvement. She had finally risen through the ranks and made it into a leadership role.
Today, Sintesa Group is led by a professional management team, with Shinta as its leader. As CEO, Shinta states that the three most important roles for her as CEO are to provide a vision for the future, and to serve and empower the employees. Shinta understands very well that under the new structure, the people working for, and with the company, are the most important components for success.
She learned from a young age to always put her feet on the ground and never to take things for granted. “You have to appreciate the little things. It is important to know that at any time, all our material possessions could be taken away. Always remember who you are, and where you came from,” said Shinta. Passion and discipline are the other two guiding principles that have gotten Shinta to where she is today. It is of utmost importance to love what you do, and to have the self-discipline to always give a hundred per cent. “I may not be the best at something, but I will always give it my best,” said Shinta.
Being in Shinta’s position comes with its own set of challenges and pressure. When she is met with particularly difficult challenges, Shinta likes to take time off alone. It is during this personal time free from distractions that she is able to find solutions, even to the toughest trials. When asked what it is specifically that she does during this time, Shinta had a succinct answer that needed no further explanation: “I dance.”
Outside of the family’s business, Shinta cares a great deal about the environment and the future of entrepreneurs in Indonesia. Shinta is an ardent supporter of the country’s thriving startup scene, and is always looking to help young and aspiring entrepreneurs achieve their goals. She is the founder ANGIN, GEPI, and IBCSD, and is the Vice-Chair of WWF Indonesia. ANGIN has become Indonesia’s largest network of angel investors, with a focus on funding and mentoring startups in Indonesia, while GEPI connects local entrepreneurs with global developments and investment prospects. The IBCSD is an association of companies committed to promoting sustainable development through sustainable economic growth, ecological balance and social progress.
Success can be difficult to define and is different from one individual to the other. With her multitude of responsibilities, Shinta sees success as being able to achieve a balancing act, and to have all aspects of her life exist in harmony. With so much on her plate, Shinta believes that the best way to find balance is to bring others along and share in the success. “An individual can only do so much, but together we can do so much more,” said Shinta.
While there is so much more that Shinta can share, it would be impossible to fit them all within these pages. In closing, Shinta emphasised once again the significance of never giving up, and to never be afraid of failure.
“In all that I do, if I never give up, if I continue fighting, then I will definitely make it. It pays to be daring, and to never give up. I have failed many times, and it is only because I choose to keep fighting that I am where I am today.”
This story appears in the January 2018 issue of Indonesia Tatler, for the full story, grab the copy at your nearest newsstands, or subscribe here.
[Text by: Kevin Sjahrial; Photographer: Heri N. Heryanto]

 

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