"If you start a startup, it will take over your life to a degree you cannot image" - Paul Graham (Founder @YC)

1. HUNG PHAM, FOUNDER & CEO
NOV 15, 2015
Hung Pham | Founder & CEO | hung@cs.stanford.edu

2. Topics
1. Should we start a startup? And why?
2. Our own startup story @ TechElite inc
Hung Pham | Founder & CEO | hung@cs.stanford.edu

3. If you start a startup, it will take over your life
to a degree that you cannot imagine
and if it succeeds it will take over your life for a longer time […] a decade, maybe the rest of your working life
(Paul Graham, Founder @ YC)
Hung Pham | Founder & CEO | hung@cs.stanford.edu

4. Startup is absurdly hard
Why?
1. Startup needs the best team
But it’s extremely hard to have a great team at the beginning
2. Vietnamese’s market is small
Things like SnapChat won’t exit.
3. Fund raising in Vietnam is hard
But fund raising is even easier if compared to growth pressure, talent recruitment and
product development (Ron Conway)
4. N-more things
Global competition, Lack of governmental support, …
Hung Pham | Founder & CEO | hung@cs.stanford.edu

5. … it will take over your life … it’s absurdly hard
… you always have a much
safer choice
Hung Pham | Founder & CEO | hung@cs.stanford.edu
It’s a perfect combination!
So why should you ever think about starting a startup?

6. So why Startup?
Hung Pham | Founder & CEO | hung@cs.stanford.edu
Value
Startup is the single option where you can
create a meaningful & scalable product and
have a real consciousness of its values.
Passion
If you want a real passion and challenge, it
may not be a safe choice. Startup could be
the best choice.

7. Hung Pham | Founder & CEO | hung@cs.stanford.edu
“If you start a startup, it will take over your life”
Two ways of thinking
Finding one single thing you can devote your whole life on is the most important decision.
But HOW?
You will have a
chance to devote
your whole life
working on a
meaningful thing
Startup will
consume your
whole life

8. Finding Startup idea
Hung Pham | Founder & CEO | hung@cs.stanford.edu
Passion + ValueOpportunity
Startup as a life-
long mission:
A lot more than just
opportunity or
“random” passion

9. Hung Pham | Founder & CEO | hung@cs.stanford.edu
if you start a startup, it will take over your life
The best scenario is two Stanford Engineering students
inventing a product that solve their personal problems
(Ron Conway)

10. TechElite inc:
A short overview
The SAAS technology company
Enterprise software + Internet + Mobile + Social values
Hung Pham | Founder & CEO | hung@cs.stanford.edu
ThiOnline &
(Hệ thống thi
công chức trực
tuyến)
+4000 contestants, Hà Nội, 2013
A lot more provinces and ministries
BigTime.vn
Event management + ticket sales
Agency + membership management
Interactive seat-map

11. If you start a startup, it will take over your life
Hung Pham | Founder & CEO | hung@cs.stanford.edu
BIGTIME
…
Opportunity
THIONLINE
…
Social Value
WORKTIME
…
A life-long mission

12. The communication and collaboration platform for enterprises
• Online advertising market: ~$200B
• Social network market: ~$100B
• Enterprise software: ~$335B
• Enterprises need a faster, smarter and more
secured software than anyone else.
(Aaron Levie, Founder Box.com)
Hung Pham | Founder & CEO | hung@cs.stanford.edu
Why do we create WorkTime?

13. Hung Pham | Founder & CEO | hung@cs.stanford.edu
1. Enterprises lose 500B USD because employees do not engage at work
2. Each employee spends 350 hour per year (on average) because they cannot find the documents for their
works. 85% accept that they do not work effectively
3. More investments on “hardware”, less investments on smart software
4. Vietnamese enterprises lack of administrative and organizing skills
The communication and collaboration platform for enterprises
Why do we create WorkTime? (cont.)

14. Hung Pham | Founder & CEO | hung@cs.stanford.edu
Big pain points @
TechElite
Big pain points @
other Company
Why do we create WorkTime? (cont.)
The real reason:
We don’t need a reason
(hahaha)
…
We simply think it
is our life-long
mission. It’s fate!

15. Hung Pham | Founder & CEO | hung@cs.stanford.edu
Should WorkTime be good for you?
If and only you desperately need at least 3/5 following things:
1. You want to visualize your company’s objectives and send an email each morning to everyone about their progressions,
what have been done from yesterday and what should be done today.
2. You want to visualize your workflows in detailed steps so that everyone knows which should be done to complete their
jobs; at which steps things get stuck; and the conversion rates of everyone
3. You want to organize your company’s documents in an organized way so that everyone can easily access the document they
want to find.
4. You want to design and manage the requesting flows inside your company – if anything needed approval through multiple
phases, it is handled automatically
5. You want to have a private and joyful place to work and collaborate just for people of your company. No need any friend
requesting, everyone gets to know everyone else in seconds and starts working with others in minute.

16. Everyone else needs a better software at work
Hung Pham | Founder & CEO | hung@cs.stanford.edu
Government Schools

17. Thank you!
Hung Pham | Founder & CEO | hung@cs.stanford.edu
Contact:
TechElite Inc
4th floor, Lachong Bld
85 Le Van Luong, Hanoi
Hùng Phạm
Founder & CEO
091 500 1313
hung@cs.stanford.edu