[Music] we start a business we want to succeed
we start a business we want to succeed
we start a business we want to succeed and we are determined to do well we see
and we are determined to do well we see
and we are determined to do well we see the picture of forward chief in a few
the picture of forward chief in a few
the picture of forward chief in a few years time but unfortunately over 80% of
years time but unfortunately over 80% of
years time but unfortunately over 80% of the business fail with no first 18
the business fail with no first 18
the business fail with no first 18 months lost 80 percent studying didn’t
months lost 80 percent studying didn’t
months lost 80 percent studying didn’t fail didn’t aim to fail from the
fail didn’t aim to fail from the
fail didn’t aim to fail from the beginning so what’s the what’s the
beginning so what’s the what’s the
beginning so what’s the what’s the difference between failing success back
difference between failing success back
difference between failing success back in 1995 when intelligence became popular
in 1995 when intelligence became popular
in 1995 when intelligence became popular and Google wasn’t even available at a
and Google wasn’t even available at a
and Google wasn’t even available at a time I was interested in business and
time I was interested in business and
time I was interested in business and register company when I was still at the
register company when I was still at the
register company when I was still at the University my goal was to create this
University my goal was to create this
University my goal was to create this global port of online shopping now
global port of online shopping now
global port of online shopping now without needing with the annoying was
without needing with the annoying was
without needing with the annoying was what’s needed to run a business and a
what’s needed to run a business and a
what’s needed to run a business and a commitment to follow through the
commitment to follow through the
commitment to follow through the business was surely but it was a great
business was surely but it was a great
business was surely but it was a great idea as you see today
idea as you see today
idea as you see today apart from studying I also enjoy playing
apart from studying I also enjoy playing
apart from studying I also enjoy playing sports for my very first go-round
sports for my very first go-round
sports for my very first go-round I got a birdie so I thought I should
I got a birdie so I thought I should
I got a birdie so I thought I should become a professional golf player I
become a professional golf player I
become a professional golf player I start to practice hard and spend hours
start to practice hard and spend hours
start to practice hard and spend hours on a driving range hitting balls after
on a driving range hitting balls after
on a driving range hitting balls after post after pause but my game didn’t
post after pause but my game didn’t
post after pause but my game didn’t improve as much as I lacks right so I
improve as much as I lacks right so I
improve as much as I lacks right so I took golf lessons and realized I need to
took golf lessons and realized I need to
took golf lessons and realized I need to learn to manage my training schedules I
learn to manage my training schedules I
learn to manage my training schedules I shouldn’t just go to the driving range
shouldn’t just go to the driving range
shouldn’t just go to the driving range and eating thousand bowls at a time
and eating thousand bowls at a time
and eating thousand bowls at a time Golf is a spore where you never take the
Golf is a spore where you never take the
Golf is a spore where you never take the same shot twice from the same spot so I
same shot twice from the same spot so I
same shot twice from the same spot so I need to divide my time in to develop
need to divide my time in to develop
need to divide my time in to develop skills in different aspects of the game
skills in different aspects of the game
skills in different aspects of the game like driving chipping party etc I was
like driving chipping party etc I was
like driving chipping party etc I was quite dedicated I even spent a lot of
quite dedicated I even spent a lot of
quite dedicated I even spent a lot of time on the amateur circuit
time on the amateur circuit
time on the amateur circuit unfortunately I feel that go as well but
unfortunately I feel that go as well but
unfortunately I feel that go as well but the process has given me the opportunity
the process has given me the opportunity
the process has given me the opportunity to understand the 92 I need to learn
to understand the 92 I need to learn
to understand the 92 I need to learn multiple skills and I need to set planes
multiple skills and I need to set planes
multiple skills and I need to set planes I graduated with engineering as degree
I graduated with engineering as degree
I graduated with engineering as degree in 1988 I decided to focus on biomedics
in 1988 I decided to focus on biomedics
in 1988 I decided to focus on biomedics a combination of biology and computation
a combination of biology and computation
a combination of biology and computation for my PhD I understood I need to learn
for my PhD I understood I need to learn
for my PhD I understood I need to learn about biology genetics and computation
about biology genetics and computation
about biology genetics and computation which I didn’t learn without his
which I didn’t learn without his
which I didn’t learn without his background knowledge will be impossible
background knowledge will be impossible
background knowledge will be impossible for me to do research in this field so I
for me to do research in this field so I
for me to do research in this field so I found my by a countryman
found my by a countryman
found my by a countryman factor sending 10 who was twins poster
factor sending 10 who was twins poster
factor sending 10 who was twins poster at the department’s microbiology at the
at the department’s microbiology at the
at the department’s microbiology at the same University and he agreed to give me
same University and he agreed to give me
same University and he agreed to give me private classes and biology and genetics
private classes and biology and genetics
private classes and biology and genetics twice a week for a year so in return I
twice a week for a year so in return I
twice a week for a year so in return I buy him the famous Taiwanese bubble tea
buy him the famous Taiwanese bubble tea
buy him the famous Taiwanese bubble tea and we go through the textbooks together
and we go through the textbooks together
and we go through the textbooks together and share ideas in 2002 I have a paper
and share ideas in 2002 I have a paper
and share ideas in 2002 I have a paper published in the field in the Journal of
published in the field in the Journal of
published in the field in the Journal of Bangla medics it’s the first publication
Bangla medics it’s the first publication
Bangla medics it’s the first publication in this field from our research group
in this field from our research group
in this field from our research group and also from our University my
and also from our University my
and also from our University my supervisor was happy so we decided to
supervisor was happy so we decided to
supervisor was happy so we decided to shift our focus towards bankfull medics
shift our focus towards bankfull medics
shift our focus towards bankfull medics and because I had early success in
and because I had early success in
and because I had early success in biomedis and I failed golf so I sort of
biomedis and I failed golf so I sort of
biomedis and I failed golf so I sort of accept that I should build a career on
accept that I should build a career on
accept that I should build a career on by informatics
by informatics
by informatics I think there’s a strong correlation
I think there’s a strong correlation
I think there’s a strong correlation between life in sports in general they
between life in sports in general they
between life in sports in general they will require multiple skills in order to
will require multiple skills in order to
will require multiple skills in order to complete a single task so this time
complete a single task so this time
complete a single task so this time before jumping right into the field I
before jumping right into the field I
before jumping right into the field I decided to carefully look out my own
decided to carefully look out my own
decided to carefully look out my own capabilities and what I had and what I
capabilities and what I had and what I
capabilities and what I had and what I need to develop in order to be
need to develop in order to be
need to develop in order to be successful at that time I had some
successful at that time I had some
successful at that time I had some knowledge about biology genetics and
knowledge about biology genetics and
knowledge about biology genetics and computation I had some experiencing
computation I had some experiencing
computation I had some experiencing analyzing a tv-show
analyzing a tv-show
analyzing a tv-show genetics data but I didn’t really have
genetics data but I didn’t really have
genetics data but I didn’t really have any experience in analyzing real-world
any experience in analyzing real-world
any experience in analyzing real-world biological problems so I decided to send
biological problems so I decided to send
biological problems so I decided to send my CV to a biology Institute in 2007 my
my CV to a biology Institute in 2007 my
my CV to a biology Institute in 2007 my publication and experience as a postdoc
publication and experience as a postdoc
publication and experience as a postdoc gave me the edge to learn a position at
gave me the edge to learn a position at
gave me the edge to learn a position at a current academia sinica a premier
a current academia sinica a premier
a current academia sinica a premier research center in Taiwan where I was
research center in Taiwan where I was
research center in Taiwan where I was tasked to create the biomedical facility
tasked to create the biomedical facility
tasked to create the biomedical facility the purpose of the core facility was to
the purpose of the core facility was to
the purpose of the core facility was to provide bioinformatics consultations and
provide bioinformatics consultations and
provide bioinformatics consultations and services to all researchers in the
services to all researchers in the
services to all researchers in the Institute it was a great learning
Institute it was a great learning
Institute it was a great learning opportunity for me as I if he allowed me
opportunity for me as I if he allowed me
opportunity for me as I if he allowed me to operate the facility like a small
to operate the facility like a small
to operate the facility like a small business we will provide service of for
business we will provide service of for
business we will provide service of for fees and with small income with my even
fees and with small income with my even
fees and with small income with my even higher extra assistance academia sinica
higher extra assistance academia sinica
higher extra assistance academia sinica turn out to be critical for my career as
turn out to be critical for my career as
turn out to be critical for my career as he gave me the experience in setting up
he gave me the experience in setting up
he gave me the experience in setting up a team creating a service list solving
a team creating a service list solving
a team creating a service list solving real world problems and managing
real world problems and managing
real world problems and managing customer relationships the University
customer relationships the University
customer relationships the University professors are hard to manage and how to
professors are hard to manage and how to
professors are hard to manage and how to negotiate
I was said I was that extended cynic
I was said I was that extended cynic about two and a half years and 2010 it
about two and a half years and 2010 it
about two and a half years and 2010 it was the time when DNA sequencing
was the time when DNA sequencing
was the time when DNA sequencing technology experiences most rapid
technology experiences most rapid
technology experiences most rapid decrease in price new and better
decrease in price new and better
decrease in price new and better equipment will came to the market every
equipment will came to the market every
equipment will came to the market every six to twelve months with the aim of job
six to twelve months with the aim of job
six to twelve months with the aim of job in the cost of how human genome
in the cost of how human genome
in the cost of how human genome sequencing to one thousand US dollars
sequencing to one thousand US dollars
sequencing to one thousand US dollars considering that in 2003 the first draft
considering that in 2003 the first draft
considering that in 2003 the first draft human genome sequencing was completed
human genome sequencing was completed
human genome sequencing was completed with a badge of 400 million dollars so
with a badge of 400 million dollars so
with a badge of 400 million dollars so at this rate I thought everyone’s
at this rate I thought everyone’s
at this rate I thought everyone’s sequence everyone’s DNA would be
sequence everyone’s DNA would be
sequence everyone’s DNA would be sequenced one day it’d be great to have
sequenced one day it’d be great to have
sequenced one day it’d be great to have a girl to do that I didn’t set a time of
a girl to do that I didn’t set a time of
a girl to do that I didn’t set a time of when ago will be achieved by new I need
when ago will be achieved by new I need
when ago will be achieved by new I need to build a team first so I created this
to build a team first so I created this
to build a team first so I created this company called your dream bioscience
company called your dream bioscience
company called your dream bioscience with two departments steering and
with two departments steering and
with two departments steering and sequencing and bioinformatics the
sequencing and bioinformatics the
sequencing and bioinformatics the business plan was simple it was to build
business plan was simple it was to build
business plan was simple it was to build a team that will have enough skills and
a team that will have enough skills and
a team that will have enough skills and experience so that we’ll be able to
experience so that we’ll be able to
experience so that we’ll be able to sequence everyone’s DNA and provide
sequence everyone’s DNA and provide
sequence everyone’s DNA and provide important health information and second
important health information and second
important health information and second goal the business has to survive until
goal the business has to survive until
goal the business has to survive until when a time has come
when a time has come
when a time has come so we decided to provide research
so we decided to provide research
so we decided to provide research services to hospitals universities and
services to hospitals universities and
services to hospitals universities and government centers so that we’ll have
government centers so that we’ll have
government centers so that we’ll have income to to build and sustain our team
income to to build and sustain our team
income to to build and sustain our team after a couple of years the company was
after a couple of years the company was
after a couple of years the company was growing steadily by so there was the
growing steadily by so there was the
growing steadily by so there was the increasing competition in the service
increasing competition in the service
increasing competition in the service market so I was constantly thinking
market so I was constantly thinking
market so I was constantly thinking about our business models and how can
about our business models and how can
about our business models and how can make change for the better then there
make change for the better then there
make change for the better then there was a chance to develop a clinical test
was a chance to develop a clinical test
was a chance to develop a clinical test for pregnant medical and IPT well we’ll
for pregnant medical and IPT well we’ll
for pregnant medical and IPT well we’ll take the black from the mothers from the
take the black from the mothers from the
take the black from the mothers from the mother and then we’re analyzing the
mother and then we’re analyzing the
mother and then we’re analyzing the fetal DNA which is present in the
fetal DNA which is present in the
fetal DNA which is present in the mother’s blood and then we can provide a
mother’s blood and then we can provide a
mother’s blood and then we can provide a very accurate genetic information under
very accurate genetic information under
very accurate genetic information under on the baby
on the baby
on the baby at that time we operate our business
at that time we operate our business
at that time we operate our business like this as in a service mode where
like this as in a service mode where
like this as in a service mode where we’ll collect sample from the client
we’ll collect sample from the client
we’ll collect sample from the client before analysis and give report back to
before analysis and give report back to
before analysis and give report back to the client
the client
the client the the model works fine in a clinical
the the model works fine in a clinical
the the model works fine in a clinical service market but for international
service market but for international
service market but for international clinical service there’s a requirement
clinical service there’s a requirement
clinical service there’s a requirement reporting around time as well as
reporting around time as well as
reporting around time as well as restrictions on sin 4×4 so we decided to
restrictions on sin 4×4 so we decided to
restrictions on sin 4×4 so we decided to change our model into an internet-based
change our model into an internet-based
change our model into an internet-based solution we were panel with local
solution we were panel with local
solution we were panel with local authorities the local laboratory will
authorities the local laboratory will
authorities the local laboratory will collect samples performed DNA sequencing
collect samples performed DNA sequencing
collect samples performed DNA sequencing and will help analyzing the data from
and will help analyzing the data from
and will help analyzing the data from the cloud so the new model worked fine
the cloud so the new model worked fine
the cloud so the new model worked fine and software problems of international
and software problems of international
and software problems of international clinical market requirement but it’s a
clinical market requirement but it’s a
clinical market requirement but it’s a reseller Alera al company to grow up
reseller Alera al company to grow up
reseller Alera al company to grow up rapidly
rapidly
rapidly apart from needing to be adaptive on the
apart from needing to be adaptive on the
apart from needing to be adaptive on the business model
business model
business model I was also constantly thinking about our
I was also constantly thinking about our
I was also constantly thinking about our management structures I was thinking
management structures I was thinking
management structures I was thinking that perhaps the company would perform
that perhaps the company would perform
that perhaps the company would perform better by appointing other ISM others as
better by appointing other ISM others as
better by appointing other ISM others as a manager or remove myself as a CEO
a manager or remove myself as a CEO
a manager or remove myself as a CEO position as with often with technology
position as with often with technology
position as with often with technology companies the founders were often the
companies the founders were often the
companies the founders were often the scientists that create the technology
scientists that create the technology
scientists that create the technology but not necessary the best candidate to
but not necessary the best candidate to
but not necessary the best candidate to lead and manage the company so from the
lead and manage the company so from the
lead and manage the company so from the first year I was thinking about creating
first year I was thinking about creating
first year I was thinking about creating the team they’ll be able to manage the
the team they’ll be able to manage the
the team they’ll be able to manage the company one day I was looking to give
company one day I was looking to give
company one day I was looking to give the leadership experience to our team
the leadership experience to our team
the leadership experience to our team members and allow them to make errors it
members and allow them to make errors it
members and allow them to make errors it was a long-term process and finally
was a long-term process and finally
was a long-term process and finally after six years I promote our laboratory
after six years I promote our laboratory
after six years I promote our laboratory director to become our general manager
director to become our general manager
director to become our general manager there are also many other skills that
there are also many other skills that
there are also many other skills that cannot be developed internally so I
cannot be developed internally so I
cannot be developed internally so I reach out to my good friend mr. ken sue
reach out to my good friend mr. ken sue
reach out to my good friend mr. ken sue and dr. Ellen Chen who is expert in
and dr. Ellen Chen who is expert in
and dr. Ellen Chen who is expert in finance and international marketing Alex
finance and international marketing Alex
finance and international marketing Alex explained in the lecture poverty they’re
explained in the lecture poverty they’re
explained in the lecture poverty they’re great to join us so our team now has a
great to join us so our team now has a
great to join us so our team now has a CEO seeing DNA sequencing data analysis
CEO seeing DNA sequencing data analysis
CEO seeing DNA sequencing data analysis management finance marketing and IP so
management finance marketing and IP so
management finance marketing and IP so we’re much much better equipped than
we’re much much better equipped than
we’re much much better equipped than ever to move forward in 2016 we made a
ever to move forward in 2016 we made a
ever to move forward in 2016 we made a strong competitor from Europe called
strong competitor from Europe called
strong competitor from Europe called premier health premier the health is the
premier health premier the health is the
premier health premier the health is the public listed company in UK so I thought
public listed company in UK so I thought
public listed company in UK so I thought well probably would not have enough
well probably would not have enough
well probably would not have enough resources can be with them
resources can be with them
resources can be with them as a private company so if we can’t be
as a private company so if we can’t be
as a private company so if we can’t be them all nice to do as well join that
them all nice to do as well join that
them all nice to do as well join that so after a couple discussions we agreed
so after a couple discussions we agreed
so after a couple discussions we agreed to merge at the same time there’s a
to merge at the same time there’s a
to merge at the same time there’s a company in Taiwan which i co-founded
company in Taiwan which i co-founded
company in Taiwan which i co-founded back in 2012 called some vivid genomics
back in 2012 called some vivid genomics
back in 2012 called some vivid genomics and then they also went public on the
and then they also went public on the
and then they also went public on the Taiwan Stock Exchange so all of a sudden
Taiwan Stock Exchange so all of a sudden
Taiwan Stock Exchange so all of a sudden after six years I found your gene I
after six years I found your gene I
after six years I found your gene I became a significant shareholders for to
became a significant shareholders for to
became a significant shareholders for to publish the company’s in two different
publish the company’s in two different
publish the company’s in two different countries so just think back how much
countries so just think back how much
countries so just think back how much I’ve learned again through all these
I’ve learned again through all these
I’ve learned again through all these years when I first try a business when I
years when I first try a business when I
years when I first try a business when I was at university people have asked me
was at university people have asked me
was at university people have asked me how I planned for this when I start your
how I planned for this when I start your
how I planned for this when I start your gene 2010 I think vision is actually
gene 2010 I think vision is actually
gene 2010 I think vision is actually just about seeing some simple ideas and
just about seeing some simple ideas and
just about seeing some simple ideas and moving gradually towards with steps and
moving gradually towards with steps and
moving gradually towards with steps and eventually hopefully you will arrive
eventually hopefully you will arrive
eventually hopefully you will arrive your final destination in our case I
your final destination in our case I
your final destination in our case I said ago of sequence everyone’s DNA set
said ago of sequence everyone’s DNA set
said ago of sequence everyone’s DNA set up a company called your gene I created
up a company called your gene I created
up a company called your gene I created algorithm for prenatal screening go into
algorithm for prenatal screening go into
algorithm for prenatal screening go into the international market and merge with
the international market and merge with
the international market and merge with my mental health and know that you
my mental health and know that you
my mental health and know that you haven’t reached my goal yet but going
haven’t reached my goal yet but going
haven’t reached my goal yet but going back to the question of how to run a
back to the question of how to run a
back to the question of how to run a successful business I think it’s about
successful business I think it’s about
successful business I think it’s about constantly learning the skills that’s
constantly learning the skills that’s
constantly learning the skills that’s required to reach your goal you may need
required to reach your goal you may need
required to reach your goal you may need to change your girl or you may not reach
to change your girl or you may not reach
to change your girl or you may not reach your goal one day eventually but I keep
your goal one day eventually but I keep
your goal one day eventually but I keep learning you’ll be able to achieve many
learning you’ll be able to achieve many
learning you’ll be able to achieve many successful milestones along the way
successful milestones along the way
successful milestones along the way thank you
thank you
thank you [Applause]
”
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