The Simple Reason to Learn to Lead Yourself First

Inc. readers love leading. We love learning to lead better.

Usually that means learning to lead others. Leading others sounds sexier.

In my leadership courses and workshops, nearly everyone prefers the exercises that lead others over ones to build self-awareness and self-leadership.

I recommend learning to lead yourself first. Here’s why.

Learn to lead yourself first

To see what happens if you learn to lead others first, imagine learning a foreign language.

Say it’s Italian. With dedication and practice, you learn the language. The natural next step is to spend time with Italians, eat the cuisine, visit the country, learn their history, and so on.

Now say you learn that you prefer Chinese cuisine, history, philosophy, and so on.

After learning Italian is a lousy time to realize you’ve invested years in learning skills that will take you away from your interests.

Learning to lead yourself reveals your interests and values. It gives you direction. It keeps you from leading people where you don’t want to go.

Better to find out you love Chinese before learning Italian. No matter how good you are at Italian, it will always feel like work. Doing what you love will feel less like work all the time.

Learning to lead others is enticing and alluring. We feel powerful. More followers enables us to do more.

Without direction and purpose, power and action are as likely to lead us astray as where we want to go.

Tech

Indonesia's first ever IPO by a startup draws robust investor interest

JAKARTA (Reuters) – E-commerce firm PT Kioson Komersial Indonesia Tbk drew strong investor interest for Indonesia’s first ever IPO by a startup, and its shares surged on their trading debut in very thin volumes on Thursday.

The response to the IPO could potentially pave the way for more technology companies in Southeast Asia’s biggest economy to follow in Kioson’s footsteps and list in the domestic stock market.

Kioson raised 45 billion rupiah ($ 3.3 million) by selling 150 million shares, or 23.1 percent of the company’s total share base, at 300 rupiah each. The offering was more than 10 times over-subscribed.

The stock surged as much as 50 percent on its debut, but volumes were very thin with just over 10,000 shares traded.

Indonesia’s startup scene is booming as investors are lured by the youthful demographic of the country of 250 million people, who are increasingly buying anything from tickets to electronic gadgets online.

President Joko Widodo has also aimed to increase broadband access in the sprawling archipelago.

Kioson CEO Jasin Halim said the company previously received offers from venture capital and private equity funds, but decided to go for an IPO because of a difference in valuation.

“The path that startups take is normally to look for venture capital, angel investors and so on…We feel that by taking the IPO route, that’s the method that is the most fair and transparent,” he told reporters. “Let the market value our company.”

On top of showing that an IPO could be an alternative method to raise funds for startups in Indonesia, Kioson also offers retail investors a chance to take part in the capital market and benefit from the “hyper-growth” of startups, Halim said.

Kioson operates an “online to offline” business model, which allows customers to make online purchases and pick up their orders at the ubiquitous kiosks, locally known as “warungs”, across Indonesia.

The company had tied up with 19,000 kiosks as of September, and plans to raise that to 100,000 by 2019, Halim said.

Kioson plans to use the proceeds from its IPO mainly to acquire online vouchers firm PT Narindo Solusi Komunikasi.

Andi Boediman, co-founder of venture capital firm Ideosource, told Reuters he expects more startups to take the IPO route in Indonesia as they could get better valuations from local investors who are more familiar with their products.

“With products that are offered in Indonesia, it’s easier to build a positive perception in Indonesia than to introduce it in other countries,” said Boediman, whose venture capital firm had invested in online retailer PT Bhinneka Mentari Dimensi. (reut.rs/2yJnoHQ)

PT M Cash Integrasi, which distributes online vouchers through its physical kiosks, is also planning to raise up to 300 billion rupiah by offering a 25 percent stake in an IPO. M Cash is a unit of PT Kresna Graha Investama Tbk.

Reporting by Eveline Danubrata; Additional reporting by Cindy Silviana; Editing by Muralikumar Anantharaman

Our Standards:The Thomson Reuters Trust Principles.

Tech

FortaCloud Spins up over 48,000 Cloud Servers in First 5 months


Miami, FL (PRWEB) December 19, 2014

FortaCloud™, one of the world’s fastest growing cloud hosting providers, announced today the platform has passed the milestone of forty-eight thousand cloud server creations in its first five months of operations.

In the coming months, the platform will be expanding server capacity, and adding new domestic and international locations.

“Since our launch, we have been working hard to make improvements to our cloud infrastructure to better serve developers across the globe on any platform based on user feedback,” said Rodrigo Telio, the company’s program manager. “As we roll into 2015, expect continued growth and improvements to create a superior experience within the industry for our users.”

This extraordinary growth is fueled by FortaCloud’s strong value proposition: a cloud server with 2GB of memory, a cutting-edge platform, and a user-friendly control panel is provided for just a $ 0.50 verification fee. Private Clouds start at just $ 4/month, and include Private LAN, Firewall, and Load Balancer. With this approach, a new client can get a virtual server up and running in a matter of seconds.

FortaCloud is currently available under general availability. To learn more, please visit http://www.FortaCloud.co.

About FortaCloud

FortaCloud is a leader in Cloud Computing. Its technical expertise and best-of-breed support allow companies to tap the power of the cloud without the painful costs of hiring experts in a multitude of complex technologies. FortaCloud is also the leader in hybrid cloud, giving each company the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Headquartered in South Florida, FortaCloud serves more than 32,000 customers from every habitable continent on the planet.







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