Shownotes Transcript
Have you ever wondered what the keys to becoming a lean startup are? Entrepreneur Sydney Wong discovered that while on a one-way ticket to San Francisco. From that experience, she decided to launch VenturX in Montreal to help startups achieve funding and overall success.
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Sydney Wong's Journey to Creating VenturX
In this powerful Passion Struck Podcast Episode, John R. Miles and Sydney Wong discuss her journey from McGill University to becoming a financial analyst to now leading a startup accelerator in Montreal, CA. We go into why balance, your self-narrative, and routine is so vital in becoming a lean startup.
Sydney met startups at Montreal events that needed help with funding and grants; she offered to write business plans. In 2016, she launched a gamified business plan writing application.
Most people didn't complete "Product Validation" Level 3 (out of 8 levels) during the beta. That was the biggest failure for startups, so she grouped and built out this application. She broadened the research to understand the success metrics that investors, government grantors, and banks are looking for when funding startups.
The VenturX) metrics were reverse-engineered to provide quality startups the best chances for funding and success. The rest is history!!!
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Keys to Becoming a Lean Startup Show Notes
Attending McGill University
How she found her passion
One way ticket to San Francisco that changed Sydney's life
Understanding appetite for risk
Creating the startup hub in Montreal
How to work on your inner self
The importance of learning from failure
The Concept of balance
How you pace yourself
Her morning routine
What she removed from her life
Lightning round of questions
Sydney Wong Quotes
"You are always a product of your environment."
"If you want a happy life, you need to have a series of happy days."
"Your journey as an Entrepreneur is as if writing a storybook."
ENGAGE SYDNEY WONG
Sydney Wong founded VenturX to tackle the problem that 90% of startups fail in their first year. We provide an innovative solution to guide startups to launch and connect to funding.
LinkedIn: https://www.linkedin.com/in/sydneywong1/)
Website: https://venturx.ca/)
Facebook: https://www.facebook.com/venturx.ca/)
ENGAGE WITH JOHN R. MILES
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PASSION STRUCK
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