Money Hacks Ep 68: Lessons for budding women entrepreneurs in the Covid-19 era

15:22 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

This episode is aimed at budding women entrepreneurs. Do you feel the burning desire to become one? If you are a mother or a caregiver, and thinking about starting a side business, this episode is for you.

Ernest Luis hosts Joyce Tee, the group head of SME banking at DBS Bank.

She answers the following questions:

1. What are the top concerns of women entrepreneurs? (2:30)
2. Is this a good time for women "sidepreneurs" to test business ideas as more work from home during this Covid-19 period? (5:10)
3. Ms Tee offers useful tips as she recounts her life story of how she started her own side business in the early 80s at the age of 13 while she was schooling (6:15)
4. Resilience, research, understand your competitive landscape, be clear about your target audience, know what differentiates your service (9:03)
5. How women should approach business and not fall prey to gender stereotypes (10:40)

Produced by: Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

Apple Podcasts: http://bt.sg/oeXe

Spotify: http://bt.sg/oeGN

Google podcasts: http://bt.sg/oeGd

Website: http://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

Thank you for your support! ST & BT Podcasts picked up a silver medal for Best Digital Project to engage younger and/or millennial audiences at 2019 Asian Digital Media Awards by Wan-Ifra: https://str.sg/Jw5T

See omnystudio.com/listener for privacy information.