Creating Sustainable Solutions and Embracing AI Disruptions in Southeast Asia | Andre Soelistyo | Endgame #119
This article is a summary of a YouTube video "Maraton GoTo untuk Cetak 'Legacy' - Andre Soelistyo | Endgame #119" by Gita Wirjawan
TLDR Entrepreneurs in Southeast Asia should focus on creating sustainable and innovative solutions, embrace AI disruptions, and promote entrepreneurship to drive economic growth and improve welfare in the region.
As an entrepreneur, it's important to create engaging products and not rely solely on low tech for long-lasting success.
The speaker discusses his journey to becoming a director before the age of 30 and how he gained trust from Patrick, leading to the start of Gojek as a logistics company, which eventually became a bigger transportation company, with the success of their motorcycle taxi drivers and efficient logistical system.
Gojek and Tokopedia formed a successful partnership in 2017, and despite being competitors, they merged to strengthen their position in the market, facing obstacles and doubts but ultimately completing an IPO in Indonesia with support from local investors and regulators.
Southeast Asia's future growth looks promising with increasing productivity in aviation, marketplace, and financial services, but entrepreneurs must focus on sustainable and innovative solutions, especially in agriculture and biotech, while embracing AI disruptions for significant economic growth.
GoTo aims to overcome the lack of capital and language barriers, empowering the motorcycle taxi industry, introducing innovative talent development, and working towards achieving "Three Zeros" by 2030 through initiatives like plastic control and impactful investments.
Increasing small businesses is crucial for improving welfare in Southeast Asia, as competition is lacking and entrepreneurship is hindered by a lack of money and risk-taking, but promoting entrepreneurship can lead to future income growth and innovation.
Building an everlasting company requires teamwork, focus on long-term brand equity, and maintaining values and moral compass, with the goal of leaving behind a reputable legacy and having a lasting impact.
Hopefully this conversation will be useful, as the CEO of GoTo discusses their work and hopes to contribute more in the future.