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"CEO TALK SERIES" Ms Ng Yeen Seen, Chief Executive Officer…

- - - - The legal structure of the business is not a once-and-done proposition. As businesses grow, evolve, and change, it may make sense to change the legal structure of that business. The good news is that in most cases changing the business structure is more simple than it might imagine.
    - - Technology has changed business in the evolution of making more profit in business with high speed, to get more customers, to be able to serve more people worldwide, to improve the product and services quality, speed up a business process, less use of human power in high-risk intensive works.
    - - The Fourth Industrial Revolution (IR 4.0) is expected to change how we live, work, and communicate; it is also likely to change the things we value and the way we value them in the future. Presently, we can already see changing business models and employment trends.
    - - A true artificially-intelligent system is one that can learn on its own. We're talking about neural networks from the likes of Google's DeepMind, which can make connections and reach meanings without relying on pre-defined behavioral algorithms. True A.I. can improve on past iterations, getting smarter and more aware, allowing it to enhance its capabilities and its knowledge
- - - - The entrepreneurial mindset is about a certain way of thinking -- it is about the way in which you approach challenges and mistakes. It is about an inherent need to improve your skill set and to try and try again. It is important as the entrepreneurial mindset is what you need to propel yourself forward. This mindset can dim as you get entrenched in the daily grind of entrepreneurship. But by making an effort to embody this mindset, you position yourself to meet everyday challenges and experience growth.
    - - Developing an organizational structure involves defining the framework around which your business operates. By defining how the organization works, you more effectively choose leaders and make effective decisions. A clearly established structure helps employees resolve disputes and work together to achieve strategic goals.
    - - Enabling more direct models of personalized production, servicing, as well as customer/consumer interaction (including gaining real-time data from actual product usage) and cutting the inefficiencies, irrelevance and costs of intermediaries in a digital supply chain model, where possible, are some goals of Industry 4.0 in this customer-centric sense of increasingly demanding customers who value speed, (cost) efficiencies and value-added innovative services.
    - - With so many tech startups coming into existence, investors and partnership firms can only handle so much funding as well as managing their own businesses. To facilitate this kind of monetary assistance for fledgling business ventures, various forms of funding have been made available specifically for this purpose. Entrepreneurs can get funding for their startups through different sources such as - angel investors, which consist of wealthy and prominent people who provide business funding to startups, and crowdfunding, which involves raising money for any kind of venture through the involvement of a large audience at a single platform, usually the Internet.