Ying Wang, is currently co-founder at Venuemob having sold is first company, Crowdmass to Groupon in 2011. Venuemob recently receive a $450,000 investment from Optus-Innov8 and a range of independent investors and is also backed by the Accelerator Program at the University of Melbourne.
I’d love to see a little bit more openness and more experienced business veterans openly providing guidance to young entrepreneurs.
Ying graduated from the University of Melbourne in 2012 after finishing his commerce and law degree, and is a avid advocate of entrepreneurship among young people.
Tell us a bit about your idea.
Venuemob is a website that recommends amazing venues to organisers of events such as birthday parties, corporate functions to even weddings. At Venuemob, we strive to help people find function venues for events, so we have been profiling a range of venues, including various award winning venues in Melbourne, for example, Golden Monkey, Kodiak Club,Comme etc.
What are you working on right now and what are you most excited about in the next three months?
We’re focused on growing Venuemob, we just raised a round of investment from Optus Innov8 and are expanding the Venuemob service around Australia. So anyone looking for venues in Sydney, Brisbane etc, we’re here to help!!
How do you make ideas happen?<
The mentality is always to get stuff done and have an end goal in mind.
I work with good friends of mine, and it’s fun. The mentality is always to get stuff done and have an end goal in mind. Be motivated, set a goal and try to reach what I call the “Game Over” point.
What does your typical day look like?
There’s just a lot of fun. Given that our work is to help people find venues, we love checking out venues (Venuemob Venue Crawls). We work hard, we have fun together as a team. We’d like to think we have quite a tight knit operation.
What challenges have you faced when starting or growing a business/organisation in Australia?
One of the issues a few years ago was inexperience, and then, not knowing how to proceed when we didn’t know about something. We were unwilling to seek help and didn’t know as many people who would be able to help give guidance at that stage, so it was hard. Things are a bit different now because of Crowdmass and Venuemob, but I’d love to see a little bit more openness and more experienced business veterans openly providing guidance to young entrepreneurs. Australia is full of guys who started businesses while they’re young, it’d be awesome to get that kind of community going.
What is one idea you are willing to give away for free?
Just work hard. There are 168 hours in a week, spend as much of that time doing things you love and which will bring you lifelong happiness and joy.
What people/companies/organisations do you think are doing really cool stuff in your industry, in Australia, at the moment?
There are a lot of hospitality groups that are doing some awesome things. Companies like Red Rock Leisure, or the Publican group– you really see a deep adoption of social media and they’re way ahead of the curve in terms of social media. I love it.
What about internationally
We’re in hospitality, so companies like Groupon– we’ve always loved the concept having come from the group buying background.
Companies like Square, the mobile payment processor, are doing amazing things as well.
What role do you think business can play in affecting social change?
The more value people create, the greater the potential to change things.
Absolutely everything. Business drives the economy, the economy drives the fortunes of people within a society. The more value people create, the greater the potential to change things.
Name 3 websites you would recommend to our readers?
Techcrunch, because it’s always good to be in tune with the newest happenings.
Reddit, because everyone needs a laugh or in need of social inclusion.
Not that people wouldnt know, but Wikipedia, learning random new things is awesome.
Are there opportunities for people to get involved with your idea (e.g. are you looking for funding, interns, marketing help)?
Absolutely, we’re always willing to take on anyone who can add value to what we are doing. Mentors, interns, we’re more than happy to find more people who believe in what we are doing and want to help us to create a really cool business.
Our readers are smart, creative, talented and good looking. Here’s your chance to ask them anything.
Sounds like I should ask for their numbers, for a friend of course, given how prefect they sound.
What’s your favourite bar/café/restaurant?
No biases because we work with so many great places, but my long standing favourite bar in Melbourne is Golden Monkey on Hardware Lane, it has that sophistication about it and it’s an amazing atmosphere. The team there are very very professional and know exactly how to make the right drinks. Other places like Eau De Vie, Paco’s Taco’s, Sarti are all amazing. There’s too many!