Entrepreneurial Culture in West is Followed by East - Tej Kohli

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Tej Kohli highlights Asia's growing tech opportunities but warns against blindly following Western entrepreneurial culture. He notes that mass migration and limited access to startup funding hinder Asia’s growth. Kohli stresses the need for better investment systems and warns again

“There are almost 4.5 billion people in Asia, so generalizations are dangerous, but advancements in technology and access to information, as a result, have changed things dramatically,” says Tej Kohli in his recent media address about the hike in Asian technology opportunities. This London-based billionaire tech investor believes that it's quite dangerous that the East is blindly following the entrepreneurial culture of the West.

This shift in corporate culture is gradually leading to a mass migration, where people are less inclined to start their own businesses and instead seek out better business opportunities periodically.

According to Tej Kohli, the West is profoundly producing more tech entrepreneurs, and the East is catching these as other work opportunities and going there to settle. Moreover, fewer people want to stick with their family business or venture into a new startup. But the reasons are quite specific, he says.

The West has more access to capital income than the East. For example, in the East, entrepreneurs willing to invest in a startup mostly rely upon their friends or get to fund them. So for the Asian sub-continent to excel more in the technology sector, it is vital to make fund generation easier for business purposes.

Though there are certainly excellent amounts and options of technology for the masses to use, Tej Kohli seems not too impressed. He says that today's generation is too biased with the AI system. If this trend persists, it could potentially lead to dangerous outcomes in the future. Talking about his forte of tech investments, big data harnessing, and financial technology, Tej Kohli said that Asia has many more possibilities for these sectors if utilized well.

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