Wednesday, the 8th of February 2012, as many as 30 PresUnivers majoring in Business Administration (BA) were invited by the U.S. Embassy to attend a seminar on Entrepreneurship delivered by a successful American entrepreneur and global leader, John May, at @America lounge of Pacific Hotel, Jakarta. The seminar which lasted for approximately 30 minutes was a part of Global Entrepreneurship Program Indonesia (GEPI) to encourage and produce more and more young entrepreneurs in Indonesia. It was said that Indonesia had approximately 0.24 percent entrepreneur population and was still lack behind than neighbor countries, like Malaysia which had achieved 2 percent entrepreneur population and Singapore which had 7 percent entrepreneur population.
During his seminar, John May focused on Angel investing. An angel investor or angel (also known as a business angel or informal investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. A small but increasing number of angel investors organize themselves into angel groups or angel networks to share research and pool their investment capital. They could be your friends, families, and fools as John May said with chuckles.
At the end of the seminar, PresUnivers and several business men and women who attended the event were given a chance to engage in Question and Answer (QA) session with John May and his colleagues. Great seminar!