Wazzup Pilipinas!
Last July 25-26, 2015 at Xavier School Greenhills, aspiring technopreneurs from both high school and university were faced up to this question. The YouthHack Manila Startup Challenge offered two days worth of activities to help these students think, create and innovate as they learn to assemble their very own startups. Through keynote speeches, workshops, a startup fair, and a startup competition for the participants, eyes and minds were opened and participants slowly began to find their answers to the proposed question.
To kick off the first day, YouthHack Founder David Ongchoco delivered his welcome address by sharing his origin story. “It felt surreal for the 18-year-old who just graduated high school,” he says. YouthHack sprouted from David’s realization that the youth of today can play a vital role in revolutionizing “technopreneurship”—the blend of technology and entrepreneurship—in the startup world. The organization is living proof of this belief, as aside from the Manila Startup Challenge (considered “the biggest and baddest YouthHack event” to date), YouthHack is currently growing and making its away outside our nation’s borders to places such as Philadephia and Singapore.
In the first keynote speech, we learn some of the startup industry’s secrets from Kalibrr CEO Paul Rivera. When it comes to the core of your startup, he advises them to be inspired by something more than profit. Though sometimes this would mean pursuing a riskier path, Paul persuades the participants that “[t]his is the time to be experimenting. This is not the time to play it safe.” Failure is inevitable in the startup world, and Paul reassures everyone that this is part of the process and something entrepreneurs learn to move on from. “Entrepreneurs take calculated risks and tolerate uncertainty,” he says.
“Your network becomes your net worth.” He stresses the importance of finding the right people who will help you take your startup to greatness, teaching the crowd that “[l]ife networks matter” and they must “[p]lug into the right ones.”