Start-up consultancy in Ho Chi Minh City
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- Wendy Singleton
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2 Start-up consultancy in Ho Chi Minh City Objectives and Targets We aim our services to those who come to Ho Chi Minh City to receive a better education and finding an ideal business development opportunity. For those who want to escape from their recognized financial situation and prospects of development difficulties, our principal encountered challenging situations over a long period of time. Working hard as a servant in restaurants, in a cafeteria, at wedding events, or part-time, hard work is not unique for those seeking a better life through education. This experience enabled him to respect the worth of every penny, and was luckily offered a deputy contract manager position at Hoa Binh Construction and Real Estate Corporation (HBC) upon graduating. He later received a three year period at LNT & Partners Law firm in the position of Associate. This position gave Hung the desired chances and opportunities of connecting, co-operating, observing, acquiring and expanding his knowledge of corporate, entrepreneurial, legislation, construction and contractual issues. Establishing CNC, based on his personal history, Hung realised that start up is a very big decision in everyone s life, and not only here in Vietnam. Start up is blooming now as a trend, but how many entrepreneurs have achieved success, and how many have been faced with adverse consequences resulted from the start up decision? Start up is eventually a good activity, and should be encouraged by government and by people. But, if start up is dramatically blooming and becoming a trend, such decisions should be carefully evaluated. One reason comes from telling people, start up clubs and businessmen. The main problem is 2
3 entrepreneurs have not been equipped with the necessary knowledge, leadership and management skills. They haven t developed the preparation of social and personal resources, and have never recognised the pitfalls awaiting them. It shall be a nightmare for the start up itself. Differences to other start up programs There are various differences to other start up programmes clients who have attended shall recognise: With a hope to assist, help, and accompany entrepreneurs to escalate their start up passion, we shall give them a firm basis and grounding to avoid some terrible lessons. CNC have spent significant time and effort to construct, and conduct start up training and seminar sessions. These activities are the core value of the CNC slogan; Together We Grow. Consulting, training and advising period The Consulting, Training and Advising period is first the instant difference. Here at CNC, the Consulting, Training and Advising period shall take about 6 months from the date of signing the consulting agreement. The consulting period at other clubs are of one and a half hour to three hours at maximum. By extending the consulting, training and 3
4 advising period we shall not only allow entrepreneurs to share their information with CNC and other entrepreneurs, but also to help entrepreneurs share their experiences, viewpoints and business opportunities. For those who were absent from the training session, they shall receive consulting detail via . Expanding the consulting, training and advising period shall also send a message from CNC. To the youth individually and to the entrepreneurs collectively, start up should not be encouraged, attempted or changed, without serious consideration. Entrepreneurs are advised to consider carefully, be aware of, and foresee/estimate the possible consequences that could befall them. pay this fee shall determine themselves and become familiar with the start up procedure, and take this chance as practicing activities to learn, to study, to prepare, and to make their decision a true start up. Value received: The worthy things that entrepreneurs shall receive are Fees for start up consulting, training and advising The fixed and lump sum fee for start up consulting, training and advising is VND15,000,000/start up project/6 months. From an economic viewpoint, this is not being paid by everyone. By proposing this fee, it is a way CNC can select and qualify entrepreneurs who are passionate and motivated to realise their dream. Those entrepreneurs who Fees for start up consulting, training and advising are the first thing. 4
5 CNC is delighted to assist, help and enable entrepreneurs to reimburse the cost for start up consulting, training and advising if they: Potential clients connection Justify their business idea as realistic; and possess passion, determination to implement their business idea, and take risks resulted there from; and They cannot afford the fees. The other most valuable aspects entrepreneurs shall receive are especially: The knowledge, experience, sharing, connection with others; A possibility their business proposal shall be sponsored in whole or in part by CNC in respect of funding, monitoring, or marketing expansion; Business registration, business expansion, media and advertisement. Etc. CNC takes serious consideration of the start up decision of everyone, and everyone should have the same and equal chance to prove their capability. It should be pointed out the youth and the economically misfortunate who possess good business ideas, are encouraged the most. They are both recommended to register for start up consultancy at CNC. Although there is a difference in age, sex, job status etc., CNC recognises a commonality in entrepreneurs; and that is passion. The entrepreneurs therefore are most welcome to 5
6 share their business ideas, to not only receive the feedback from others, to improve and/or to fix problems but also to give opportunities to each other so each entrepreneur shall not be isolated from the others. This simple approach to consulting and training start up has not only been supported by the entrepreneurs but the positive effectiveness sequenced from the consulting, training and advising of previous start up sessions. The ways we conduct our business With a completely different approach to the education and training of the traditional practice in Vietnam, CNC shall not present, consult or introduce the start up solely on his part. During the course of the consulting, training and advising period, the entrepreneurs are allowed to discuss, self learn, give opinion, and conclude the issue in triangular ways, as there will not be a single correct way. There is always more than one correct answer to every problem. In order to facilitate and change the mindset of start up hopefuls, CNC conduct the consulting, training and advising activities in an open place such as a park, cafeteria or any other suitable open place. Further, the entrepreneurs are advised to inform CNC if their office is equipped with necessary facilities and utilities for the home-based training session. 6
7 Additional information Clients, who have any enquiries, should contact CNC at any time. CNC VIETNAM CONSULTANT CO., LTD. Room 802, Level 8, Vietnam Business Center, Ho Tung Mau St., Dist.1, Ho Chi Minh, Vietnam [ T] (+84-88) [F] contact@consultantcnc.com 7
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