Homepage / Technology / How I knew I should quit my day job and run my start-up full-time: Viral website founder
Базовые правила и условия игры в kazino online на настоящие деньги Ana amaç çevrimiçi kumarhane 7slots: önemli avantajlar ve kategoriler Как начать игру в казино онлайн на настоящие деньги 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” Mostbet Azerbaycan Rəsmi Casino Giriş Və Qeydiyyat Mostbet A Миссди Ххк Cassino Online Operating System Melhores Jogos At The Bônu 1win Mali Site Officiel des Paris Sportifs et Casino Inscription 1xbet Aviator How To Play The Aviartor Game On 1xbet In Nigeri прохода 1win Официальный Сайт Букмекерской Конторы же Казино 1ви Скачать Пин Ап Казино%3A Мобильное Приложение Pin Up Be Laurence Escalantes online casino empire feels heat of US lawsuits 1xbet Paid For Over $836, 000 To A Player From Africa Казино Покердом Играть Онлайн Бесплатно%2C официальный Сайт%2C Скачать Клиен Бесплатные Игры Казино Слоты И Игровые Автомат “казино Pin Up%3A находимся Вместе К вожделенной Мечте Ücretsiz Slot Oyunları Silvergames’te Çevrimiçi Oynayın Mostbet Bookie: Legjobb Szorzók És Élő Fogadási Élmény Online Mostbet Login To Your Online Casino Personal Account In Bangladesh! Top 10 Best Online Gambling Dens In 2024 Tested & Approve Powerful casino tactics in 2024: 7 vital methods for athletes Guide to Online Casinos in Canada “Online Kumarhane Oyna Çevrimiçi Kumarhane Nolimitwa Legalzoom Hisse Geri Alım Programını 75 Milyon Dolar Artırdı Yazar Investing Co Как играть в симуляторы в онлайн-казино Вавада Игровые Автоматы Демо Играть Бесплатно нет Регистраци Glory Casino: Top Online Casino Video Games In Banglades Рейтинг Надежных Онлайн Казино Лучшие Топ Клубы Росси Fortune Tiger Slot Review: Análise E Como Joga 1win Au Bénin: Une Revue Complète De La Plateforme De Paris En Lign Sledování Titulu Casino Suprême: Kde Sledovat What is a Data Room? Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software How to Design Engaging and Effective Educational Events Winline Делает Разницу! Букмекерская Контора Winline Онлайн Ставки На Спорт Making Corporate Travel Arrangements Business Virtual Data Room Stock Market Tips For Beginners What to Look for in a VDR Provider Why You Need a Secure Data Room Learning in the Digital Age How to Apply For Business Loans VDR and Document Management Performance Management and HR Outsourcing Modern Business Integration How to Choose the Right Board Portal Software for Your Company How to Choose a Data Storage Room Why Startups Use a Data Room for Investors The Best Web Tools for Designers Use Cases For Using VDR Documents Subsidy Programs and Financing Innovative Technologies for Audit What Is Real Estate Management? Investment and Funds Inspiring Teaching Books What Are the Benefits of a Virtual Data Room? Startups and Business Ideas How to Improve Virtual Board Communication The Lego Company History Investing in the Biotech Industry Financial Startup Basics Jogue Por Dinheiro Actual Em Cassino Onlin Virtual Communication Methods for Remote Leaders How to Choose the Best VDR Providers How Successful Online Businesses Succeed How Business Experts Fuel Innovation and Create Competitive Edge The IT World and Business Deal Making Software and How it Can Help Your Business Virtual Data Room Software Types of Steel Materials and Their Uses Board of Directors Software Bonver Casino Cz Hrací Automaty S Bonusem Zdarm Magazyn Żużel Speedway W Polsce I Na Świeci What Is Logistics School? What Is the VDR for Acquisition? The Best Data Room Apps For Startups Best Practices for Creating an Effective Board Meeting Agenda How to Choose the Best Shareholders Online Platforms Ostdeutsche Biersorten Getting a Construction Management Degree How to Select an Online Data Room Provider Start Your Blog Without Investment What to Look for in a Board Room Provider Data Room Comparison – Which Data Room Is Right For Your Business? Zakłady Sportowe Online Autógrafo Bukmacherska 1xbe “Pin-up O Melhor Cassino Do Brasil Web Site Oficial ᐈ Jogar Caça-níquei Rotating Events in Our Time How to Choose the Best Business Software Choosing an Online Payment Processor Due Diligence Software Virtual Data Room Providers for M&A Due Diligence The Best Online Data Room Benefits of a Due Diligence Data Room Best Practices for Data Rooms Types of Corporate Governance What Is Virtual Data Storage? Benefits of Document Distribution Software The Benefits of a Data Room for Startups Effective Project Management Requires a Mix of Technical and People Skills


How I knew I should quit my day job and run my start-up full-time: Viral website founder

When launching a business, one of the biggest questions for entrepreneurs can be when to take the leap and quit your day job.

For some, it’s all about jumping right in with a “carpe diem” approach, while others prefer to dip their toes in more slowly.

But for Ray Chan to take the plunge and go full-time with his website, 9GAG, it was all about making sure he’d crossed a very symbolic milestone first.

The 34-year-old Hong Kong businessman and his four co-founders ran the viral site as a side gig for four years until the point that they could match the salaries they were earning in their day jobs.

“We earned some money, but we still worked at our day jobs until the moment (we realized) we can kind of cover the basic salary of our existing jobs,” said Chan, 9GAG’s CEO, who was working as a product manager at aNobii, an online platform for book lovers, when he first started the company in 2008.

Over the years since, the site, which is known as a platform for internet memes, has amassed more than 100 million global fans across Facebook and Instagram, generating income through banner advertisements.

“We believed that, hey, maybe if we can work full-time on 9GAG then it will have a better growth. That’s the moment that we (went) all-in,” Chan told CNBC’s Uptin Saiidi during an episode of “Life Hack’s Live” at Hong Kong’s RISE tech conference.

Even then, however, Chan and his four fellow co-founders went one-by-one.

His younger brother, Chris, who was working at a fast-food chain at the time, went full-time at 9GAG first, followed by Chan himself. 9GAG’s three other co-founders, Derek Chan, Marco Fung and Brian Ya, joined incrementally afterward.

Chan acknowledged that their path was more “conservative” than some other entrepreneurs. He said that was partly a result of his “humble” family background. Growing up in a working class family on a housing estate in Hong Kong, Chan said his parents had always taught him he should focus on finding a “stable job.”

But he also said that gradual approach allowed the founders to try out different ideas and evolve in line with the industry — something especially important for 9GAG, which started when social media and internet memes were only just gaining mainstream momentum.

While Chan said it’s right for young entrepreneurs to look to others for advice early on in their careers, he also warned that there can be a trapping in following others too closely.

He noted that a lot of people hope to emulate the success of tech icons like Steve Jobs, Bill Gates and Mark Zuckerberg by copying their habits or the way they dress. But Chan said his experience showed that, over time, you instead need to carve your own path.

He gave the example of leaders who advise on how best to manage a team.

“Some people say that you have to be very disciplined. Some people say that you have to be very relaxed,” said Chan.

“Who is right, who is wrong? You don’t know.”

More often than not, said Chan, it actually comes down to the particular environment and individual team dynamics, which can vary vastly from business to business.

“No matter how good a tech leader is, probably their advice is not very applicable to us,” he noted.

“You don’t have to copy anyone — you have to figure out your own way,” he continued. “This is one of the many examples that we learned through painful lessons.”

“We have to be the best of us, the best of me. Instead of (becoming) a clone of another tech leader.”

Like this story? Like CNBC Make It on Facebook!

Don’t miss:

How this 34-year-old created Indonesia’s first billion-dollar start-up

This 40-year-old lost almost $100,000 on his first 3 start-ups. Here’s what he learned — and why he’s not giving up

Men laughed when this CEO pitched ‘female Viagra’ — then she sold it for $1 billion

Source: Tech CNBC
How I knew I should quit my day job and run my start-up full-time: Viral website founder

Comments are closed.