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Why Hong Kong? Expanding Your Business to Asia.

In 2013 I moved my family to Hong Kong to open my digital marketing agency's first international office. This slide deck was used for a presentation at the San Francisco office of InvestHK on Nov 3rd, 2015, to explain why I chose Hong Kong for my business, and why I believe Hong Kong is a compelling first option for other businesses looking to expand to Asia. In the presentation I talked about the startup scene in Hong Kong, ease of doing business, and what it's like to live and work in Hong Kong.

You may also be interested in my article in Entrepreneur at http://www.entrepreneur.com/article/252992.

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Why Hong Kong? Expanding Your Business to Asia.

  1. @joshsteimle Why Hong Kong? Expanding your business to Asia
  2. @joshsteimle Challenges
  3. @joshsteimle NoWalmart
  4. @joshsteimle NoAmazon
  5. @joshsteimle NoCostco
  6. @joshsteimle Education System $25K/yr forprivateschool
  7. @joshsteimle Summers =Hot&Humid
  8. @joshsteimle Timezones NYCis12-13hoursdifferent
  9. @joshsteimle DidI mentionthere’sno Amazon?
  10. @joshsteimle Butit’sall manageable.
  11. @joshsteimle “Thosewho havea'why' tolive, can bearwith almostany‘how'.” —ViktorFrankl
  12. @joshsteimle Why live in HongKong?
  13. @joshsteimle First,why Asiaatall?
  14. @joshsteimle Massivepotential,that’s why.
  15. @joshsteimle 4.3Billion Asia Population,2013 Source: http://www.worldpopulationstatistics.com/asia-population-2013/
  16. @joshsteimle 4.9Billion Asia Population,2030 Source: http://en.wikipedia.org/wiki/World_population
  17. @joshsteimle 525Million Asia MiddleClass,2013 Source: http://www.ey.com/GL/en/Newsroom/News-releases/News_By-2030-two- thirds-of-global-middle-class-will-be-in-Asia-Pacific
  18. @joshsteimle 3.1Billion Asia MiddleClass, 2030 Source: http://www.ey.com/GL/en/Newsroom/News-releases/News_By-2030-two- thirds-of-global-middle-class-will-be-in-Asia-Pacific
  19. @joshsteimle 9.4% Asia-PacificInternetPenetration,2005 Source: http://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx
  20. @joshsteimle 38.8% Asia-PacificInternetPenetration,2015 Source: http://www.internetworldstats.com/stats3.htm
  21. @joshsteimle 344 Million Asia-PacificInternetUsers,2005 Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/ Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/ 2013/03/state-social-asia-march-2013/
  22. @joshsteimle 1.56Billion Asia-PacificInternetUsers,2015 Source: http://www.internetworldstats.com/stats3.htm
  23. @joshsteimle 0 Asia-Pacific MobileInternetUsers,2005 Sources: Internet Telecommunications Union http://www.itu.int/en/ITU-D/ Statistics/Pages/stat/default.aspx, We Are Social SG http://wearesocial.net/blog/ 2013/03/state-social-asia-march-2013/
  24. @joshsteimle 1.02Billion Asia-Pacific MobileInternetUsers,2015 Source: http://www.emarketer.com/Article/Asia-Pacific-Boasts-More-Than-1- Billion-Smartphone-Users/1012984
  25. @joshsteimle SoWhy HongKong?
  26. @joshsteimle Location 1/2worldpopulationwithin5 hrflight.
  27. @joshsteimle Shenzhen 1hraway HongKonguniquelypositioned forIoT,hardwarestartups.
  28. @joshsteimle Incorporation Donein 1hour.
  29. @joshsteimle Startup Support Vibrant,friendlycommunity, helpfulgovernment(mostofthe time).
  30. @joshsteimle 83.48years Highestlifeexpectancyworldwide Source: World Bank, Last updated: May 7, 2014
  31. @joshsteimle Safety You won’tbemugged,but becareful jaywalking.
  32. @joshsteimle 2ndFastest Internet AvgMbps:16.8.Internetspeedshave increased37%overthe lastyear. Source: Akamai State of the Internet Report, Q4, 2014
  33. @joshsteimle LegaltoKillHusband
  34. @joshsteimle LegaltoKillHusband If he’scheating,andwife uses bare hands.
  35. @joshsteimle WhatisHongKong?
  36. @joshsteimle 266islands
  37. @joshsteimle HongKong SAR (Special AdministrativeRegion; One Country,TwoSystems)
  38. @joshsteimle <25%landdeveloped Lotsofgreen space.
  39. @joshsteimle Pop.7.15million
  40. @joshsteimle StartingaBusinessin HongKong
  41. @joshsteimle Immigration Typically2-3monthwait. Startup visaavailable.
  42. @joshsteimle OfficeSpace Most startupsusecoworkspaces.
  43. GarageSociety
  44. Blueprint
  45. TheHive
  46. Paperclip
  47. WYND
  48. CoCoon
  49. @joshsteimle Banking Canbea pain,justlike everywhere else.
  50. @joshsteimle SeedCapital Plentifulangelinvestors, accelerators, pitchevents.
  51. @joshsteimle VentureCapital Improvingallthetime.
  52. @joshsteimle Living in HongKong
  53. @joshsteimle July Wettestmonth
  54. @joshsteimle Healthcare Socialized (“free”)butformore seriousissues you’llprobablymay wanttopayforaprivatehospital.
  55. @joshsteimle CostofLiving? Expensive,butmanageable.
  56. @joshsteimle Language Englishand Cantoneseboth officiallanguages.
  57. @joshsteimle Transportation Bestsubwayin theworld,super cheapandplentifultaxis.
  58. @joshsteimle Outdoorlifestyle Hiking,trailrunning,swimming, camping,boating,fishing,etc.
  59. @joshsteimle Questions? Twitter: @joshsteimle Blog:joshsteimle.com

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In 2013 I moved my family to Hong Kong to open my digital marketing agency's first international office. This slide deck was used for a presentation at the San Francisco office of InvestHK on Nov 3rd, 2015, to explain why I chose Hong Kong for my business, and why I believe Hong Kong is a compelling first option for other businesses looking to expand to Asia. In the presentation I talked about the startup scene in Hong Kong, ease of doing business, and what it's like to live and work in Hong Kong. You may also be interested in my article in Entrepreneur at http://www.entrepreneur.com/article/252992.

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