184: Why are Entrepreneurs Moving from the West to the East in 2018? (Asia Matters ATP570)

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Podcast highlights:

  • 02:00 The 3 wave Cultural Acceptance of Asia. How entrepreneurs moving to Asia are changing in their reasons for migrating - Pioneers, Opportunists and Followers
  • 12:00 When massive change happens, we rarely have the ability to identify and name it, example being The Reformation (nobody called it The Reformation when it was happening). Are we seeing a similar change in the shift from West to East?
  • 45:05 Now Jack Ma has blazed a trail, will the Western Media entertain more entrepreneurs from Asia?

Podcast notes:

  • 00:05 ATP570 - Asia Matters with Graham Brown
  • 00:50 If Asia Matters enough people will pay the price and uproot from their homes to move there
  • 02:00 The 3 wave Cultural Acceptance of Asia. How entrepreneurs moving to Asia are changing in their reasons for migrating - Pioneers, Opportunists and Followers
  • 03:30 Jim Rogers - if you were smart move to Asia quote
  • 05:30 Moving to Japan, Asia in 1995 at the end of the Japanese Bubble era
  • 07:10 Asian opportunities back in the 1990s
  • 07:55 Phase 1 of people moving to Asia - the Pioneers
  • 09:00 Phase 2 - the Opportunists
  • 10:10 Why is 2020 a key date in the rise of Asia?
  • 12:00 When massive change happens, we rarely have the ability to identify and name it, example being The Reformation (nobody called it The Reformation when it was happening). Are we seeing a similar change in the shift from West to East?
  • 14:15 We are in the middle of a massive shift from The West to The East but haven't named it yet
  • 17:50 All empires fade... but people don't see it happen
  • 20:30 Are Western Millennials really the "Entrepreneurial Generation"?
  • 27:00 28% of Silicon Valley startups are connected to immigrants - the hungry ones
  • 30:00 What are the opportunities for female entrepreneurs in Asia?
  • 30:50 Comparison of economic earning potential of Chinese, Indians and Americans
  • 31:25 Vietnam is open to globalization, immigration and entrepreneurship
  • 32:00 Megacities again! Looking at the engines of growth again. There are 15 cities in China alone bigger than New York
  • 32:30 60 million people and $2 trillion GDP in the Greater Bay of China, Artificial Intelligence and Innovation Patents
  • 34:00 The ecosystem Tipping Point - what % of the population need to be entrepreneurs?
  • 35:00 Are prices in Silicon Valley crowding out the smaller startups in favor of the Linkedins, Googles and Facebooks of this world?
  • 36:20 The 5 fastest growing Megacities in Asia aren't in China but in India and Vietnam - Delhi, Ho Chi Minh City, Mumbai, Hyderabad and Chennai. Their GDPs are growing at 7-8% a year. Their GDP will 4x in 20 years.
  • 39:45 There are many tech startup ecosystems to choose from in Asia that aren't China
  • 41:55 What's going to happen the next 5 years in migration from the West to the East and how are their reasons for moving going to change?
  • 45:05 Now Jack Ma has blazed a trail, will the Western Media entertain more entrepreneurs from Asia?
  • 49:10 Kai-Fu Lee (ex Google / Apple China) on entrepreneurialism in China
  • 53:00 The 3 critical factors a city needs to become a world-class startup ecosystem

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