What's Your Biggest Nightmare?我们问但书ders of startups in the Asia Pacific region what keeps them awake at night when it comes to work

ByNidhi Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Pixabay

是一个公司的头不是轻而易举的事。从thinking about the next successful strategy, and prospective clients, to ensuring that employees are happy and productive at work — there are several aspects a leader has to manage. Still, when the world stops for a while at night, a lingering fear keeps founders vigil. We asked founders of startups in the Asia Pacific region what keeps them awake at night when it comes to work.

Here's what they said:

JACK BLOOMFIELD

CEO, Prem Merch and
Bloom Ventures, Australia

Meeting customer expectations. I put my heart and soul into each product I sell. So, the one thought always lingers in the back of my mind: "What if the customer isn't happy?" Inevitably, sometimes the customer isn't satisfied. You can just learn from your mistakes and work incredibly hard to improve.

BENJAMIN ANG

Managing director and owner, Genesis Motion
Design, Singapore

Not doing my job right. Whether or not I can keep the company afloat, whether or not there are enough jobs to keep everyone busy or whether I am helping my employees grow as individuals. These are my responsibility, and there can be so many things that can go wrong. So, I constantly worry about losing sight of what I intended for my company. I'm afraid that there might come a day where the creative interests of my team won't be taken care of.

ERIC JIANG

CEO & Founder, Yeelight, China

A sense of crisis keeps me alert. When the business is in its early stage, you think more about survival, which is the top priority. Since you are not just responsible for your own self, you shoulder the trust and livelihood of a group of people. Even when the business sets on to the track of rapid development, how to survive well and realize long-term survival remain issues that keep me awake at night. We need systematic strategies in products, R&D, sales and marketing, supply chain to match the rapid changes in the internal and external environment.

SATYAKAM MOHANTY
CEO, Lymbyc, India

The risk of stagnation. When a formula works, it's easy to focus all your energy and resources on it. But when it doesn't, then it's usually hard to resist one's instinctive urge to only use proven assumptions. If we believe we know the best way to do something, we are less willing to unlearn it or try something new. The key is to experiment and explore new ideas and formulae for success in one's good times, and not wait till one in the middle of a rough patch.

(With inputs from Komal Nathani and Pooja Singh)

This article was first published in the November 2018 issue of Entrepreneur Magazine. To subscribe, clickhere

Wavy Line
Nidhi Singh

Former Correspondent, Entrepreneur Asia-Pacific

A self confessed Bollywood Lover, Travel junkie and Food Evangelist.I like travelling and I believe it is very important to take ones mind off the daily monotony .

Related Topics

Business News

Steve Jobs's Son Is Diving Into Venture Capital — and His Focus Hits Close to Home

Reed Jobs, 31, launched venture capital firm Yosemite, which already boasts $200 million from investors and institutions.

Marketing

Creating Your Marketing Strategy? Make a Pot of Gumbo First

Discover how to create a memorable marketing strategy by using the same steps as cooking a pot of gumbo.

Business News

'You Need to Stand for Your Values': Heineken CEO Dolf van den Brink Talks Bud Light Beer Sales Decline

The company posted a 5.6% decline in beer sales in the first half earnings report of 2023.

领导

The Power of Purpose-Driven Entrepreneurship — How Social Entrepreneurs Are Changing the World

Social entrepreneurs are the torchbearers of hope and progress, redefining the role of business in society.

Science & Technology

Why Businesses Should Implement Passwordless Authentication Right Now

Highlight the growing cybersecurity threats and the need for businesses to adopt passwordless authentication to stay ahead of hackers.