{"id":3918,"date":"2023-02-20T08:52:58","date_gmt":"2023-02-20T00:52:58","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3918"},"modified":"2023-02-20T08:52:59","modified_gmt":"2023-02-20T00:52:59","slug":"daily-markup-685-fave-co-founder-outgoing-ceo-joel-neoh-on-the-importance-of-dreaming-big-starting-small-and-failing-fast","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3918","title":{"rendered":"Daily Markup #685: Fave Co-founder &amp; outgoing CEO Joel Neoh on the importance of dreaming big, starting small, and failing fast"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/FmjPRbVrdoMY5OywHzutpCu4oVQa4SAZzxFidFrjucnbTpTWTC9-1JXpe134EGejwB4d-Woe04T-s-0ISY52pXZBBt2ccaUzlzNzPomGKiPYSkooHKzKfz9uyEmJ9XScl2qgTsPlHVkmb3BrPyRxiM0\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Credit: Fave<\/figcaption><\/figure>\n\n\n\n<p><strong>End of an era<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u201cSince co-founding my first tech startup SAYS.com in 2009 with Khailee Ng, I\u2019ve gained valuable insights from the startup and entrepreneurship ecosystem. As I take a break this year to rest and explore new endeavours, I\u2019m eager to give back and support other founders and entrepreneurs in the region,\u201d shared Joel Neoh, Co-Founder &amp; outgoing CEO of 500-backed fintech company <a href=\"https:\/\/myfave.com\/\">Fave<\/a>.<\/li>\n\n\n\n<li>In case you missed it, the startup ecosystem has been abuzz with <a href=\"http:\/\/bit.ly\/3XBpdS3\">news of Joel\u2019s decision to \u2018retire\u2019 from the startup he launched 8 years ago<\/a>.<\/li>\n\n\n\n<li>Why now? \u201cSince April 2021, Fave has been part of Pine Labs, one of India\u2019s top fintech unicorns, expanding into India and experiencing strong growth in SEA,\u201d he explained. \u201cWith a solid leadership team in place and an exciting product roadmap ahead, Fave is now part of a resilient fintech unicorn group which is set to break boundaries for growth in the coming year.\u201d<\/li>\n\n\n\n<li>His greatest achievement with Fave? \u201cBuilding a household brand for millions of consumers in multiple countries without raising hundreds of millions,\u201d he shared.<\/li>\n\n\n\n<li>Many are eager to know what Joel will be up to next. For the rest of this year at least, he\u2019s taking a well-deserved break. \u201cThere is currently no new role on the horizon, I\u2019m in fact looking to invest in others and help them succeed,\u201d he said.<\/li>\n\n\n\n<li>Sharing his eagerness to give back and support other founders and entrepreneurs in the region, he added, \u201cOver the past 10 years in SEA, the tech sector has witnessed a surge in new companies, hundreds of VC-funded firms, and a few unicorns and public-listed firms, leading to a set of quality founders with tremendous potential. It would be an honour to assist these leaders on their journeys from zero to one.\u201d<\/li>\n\n\n\n<li>One key learning for founders: \u201cIf you take care of your people, they will take care of your business, and you will grow together. Ultimately, success comes down to execution, how quickly we can adapt, innovate, and evolve.\u201d<\/li>\n\n\n\n<li>While Joel\u2019s life is about to change, he remains steadfast in his philosophy and approach to life: dream big but start small, scale fast, and fail faster.<\/li>\n\n\n\n<li>Best wishes to you &amp; your future endeavours, Joel!<\/li>\n\n\n\n<li>Read the full interview on <a href=\"http:\/\/bit.ly\/3XBpdS3\">e27<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>End of an era<\/p>\n","protected":false},"author":5,"featured_media":3919,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[338],"class_list":["post-3918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-fave"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #685: Fave Co-founder &amp; 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