Fostering Opportunities
The 05 Most Admired Leaders in Management Consultancy, 2021
Founding a business is a hard enough task to partake in.
Wearing all the hats and doing everything initially as an entrepreneur is an
even harder challenge to face and cope up with. Fortunately, owing to the rapid
advancements in technology and the vast number of emerging startups, there are
several companies who provide a platform or a helping hand to these foundling
businesses in whatever manner possible.
WHub was incepted with the same ideology and thought. The Startup
and Talent platform provides an opportunity for startups and entrepreneurs to
attract the requisite resources that they might need to run a business –
talents, investors, and collaboration prospects.
The best way for a startup to attract such resources is
them, the passionate entrepreneurs, talk about their product or services, about
their team, their vision and roadmap, the perks they can offer and beyond!
Backed by the pioneering minds of two inspiring businesswomen, Karena Belin and
Karen Farzam, WHub provides entrepreneurs with exactly the same opportunity.
Beyond Exclamation looks at the journey and the vision of
these two pioneering leaders, who have time and again strived to move beyond
excellence to achieve success.
Karena Belin: Improving Lives with an Intent
For 15 years Karena worked with Procter & Gamble,
improving people’s lives and developing leaders with a strong drive and passion
for change. These core values at P&G were something to which Karena
strongly related with, one which prompted her to work with the company for so
long across different regions and for different positions and roles. However,
she discovered these values to have totally exceeded expectations in the Tech
and Startup space.
“Bringing impact and entrepreneurial skills to an
unparalleled dimension has been so life changing and rewarding. It’s the
Passion of the founders, the impact they create, that makes me even more
passionate to help and support them. And the reward is exponential, when you
can help others to help themselves,” Karena rightfully points out.
Making the Impossible Possible
This was more than a statement for Karena; it was an intent.
The intent of not letting fear, doubts, hardships, or set-backs push them
off-track. Back in 2013, the startup scene in Hong Kong was not the most
influencing, it was small and unknown as only a few people considered to jump
the ship and work for a startup. “When we started pondering over the idea of
WHub; about helping startups grow, recruiting and scaling, people would ask at
best how big the market potential was and, at worse, they thought this to be a
problem which was impossible to solve,” Karena recalls.
5 years have gone by and WHub is not only the biggest
startup community in HK with a staggering total of 18,000 members, but it also
represents the nation’s budding and innovative startups on a globular scale.
Contrary to popular belief, Hong Kong’s startup community is one of the fastest
growing ecosystems in the world, with multiple records to its name. These
include, Sensetime, one of the highest valued AI company in the world; TNG
Wallet, which is one of the highest FinTech Series A funding round in the
world; Zeroth.ai, world’s first AI accelerator; block.one, a company deemed as
the world’s largest ICO; LaLaMove and GoGoVan, which are the two most
successful unicorns in the logistics space; and the list goes on.
Keep Moving Ahead
According to Karen, as an entrepreneur, people tend to
become addicted to solve problems. However, falling in love with a solution
brings-forward new problems. One needs to stay critical, alert, and open to an
ever-changing, exponentially changing market environment.
Thus, rather than becoming satisfied with her journey and
the resolutions which she has brought-forward, it is the moments that truly
satisfy her. The fleeting moments of realization of having built a strong
partnership, trust, and credibility to solve problems faster and with greater
impact is what sticks out in Karena’s mind as moments of satisfaction.
Pushing the Company Forward
Speaking about the future, Karena believes to share common
interests with Karen and pushing themselves to the extreme is certainly a part
of the future goal. “But we are also diverse enough to bring different
viewpoints to the table that really benefit the company overall,” Karena
asserts.
In the future, Karena views WHub to have an impact on a
global level, as scaling startups through HK and the Greater Bay area is a
powerful value proposition to startups from around the world. Speaking from a
personal standpoint, Karena is passionate about education and being involved
with a parent organization. She believes there to be valuable lessons from
entrepreneurship that can help children become confident and socially
responsible world citizens.
Karen Farzam – Running the Trails of Success
The thought of being an entrepreneur had never entered the
mind of Karen Ferzam. She had a totally different life before the inception of
WHub, when she was an equity derivatives trader for JP Morgan. Both Karen and
Karena had a common passion about the entrepreneurs and the drive and deep
belief they have for their startup.
Unlike her days working as trader in investment banking
companies, Karen today enjoys working on her own schedule and views it to be
more than just work. She is willing and determined to spend hours working for
WHub, as she firmly believes that “when you are passionate about what you do,
you can work on it for countless hours.”
Bringing a positive impact
WHub was started because of the level of passion Karen and
Karena had for startups and entrepreneurs. She mentions how passionate
entrepreneurs are about their company and their idea. And this ignited the
spark to create a platform that provides budding entrepreneurs a platform to
share about their company, their products or services, their mission and
vision, the team of difference makers and beyond! “It is the best way to
attract the Resources they need: users, team and investors.”
However, the best part of this journey for Karen is the
amazing crop of people she has met along the way and the rewards, which were a
result of the positive impact left by WHub on the community. “Being an
entrepreneur is hard, otherwise everybody will do it.” Entrepreneurs, in
general, are struggling to build the best possible team, to find the right
investors at the right time, and to decide where and when to scale. Karen
mentions how their company is no different than others, “but the fact that we
are going through this journey together with an incredible team makes all the difference.”
Nothing is Impossible
Probably the biggest strength of both these pioneering
individuals is how they do things separately but together, one which according
to Karen is their biggest strength. “We come from different background with
different skills but we share a common mission and vision,” she asserts when
asked about the future roadmap of WHub. However, on a personal note, she
mentions her desire to finish her first 100 km trail running during the middle
of November this year. For her, trail running is much like entrepreneurship;
“It is a long hard journey but with planning, stamina, and focus, nothing is
impossible.”
A Long Way to Go
Like Karena, Karen’s answer on satisfaction revolves around the same thought, yet they differ in one way or the another. She mentions how WHub is the biggest startup community in Hong Kong, but as an entrepreneur you’re never quite satisfied with your achievements. Adding further truth to that, she mentions “There are always new milestones to reach, new market to conquer, and new challenges to take. The hard work is never over and that is what is exciting. Our mission is to unleash the full potential of startups and foster the community – there are still many things to be done.” Indeed, there is a long way to go.