Nothing To Lose

FADE IN:

INT. BUSINESS SCHOOL, HKUST - DAY

Sipping a cup of hot chocolate, PETER enjoys the harbour view.

PETER (V.O.)

I'm pretty interested

to witness real business

plan presentations.

MONTAGE OF PETER'S OBSERVATION IN BUSINESS MODEL INNOVATION

A/ INT. HK Science & Technology Park - DAY (2015)

LADIES and GENTLEMEN in meeting. Peter chairs and tables a tabulated work in a piece of A4 paper.

PETER

Here's my draft business

model in trading tech-

based IP. The elements

reflect my market

assumptions and dynamic

implementation strategies.

I believe the enterprise would

work and make money...

Ladies and gentlemen study the details as Peter elaborates.

B/ INT. RESTAURANT - DAY (2015)

Peter discusses with a LADY and a GENTLEMAN.

PETER

Having been a salaried

employee for decades,

one thing I want to try

is to become an

entrepreneur. I've been

investigating the essential

elements of profitable

businesses.

LADY & GENTLEMAN

Is it too late for you to

to assume the risk?

C/ INT. LECTURE ROOM, HKU - DAY (2016 - 2018)

Having actively listened to a TEAM's presentation on its business plan, Peter poses questions as one of the PANELISTS.

PETER (V.O.)

. They're the cream of

business students in

the region. They justify

the projects based on

theories and assumptions.

I've learnt a lot from

their dreamy goals,

imaginative attainment

methods and optimistic

time frames!

END MONTAGE

Peter finishes his cup of hot chocolate.

PETER (V.O.)

It's great that I now have

the privilege of learning

business cases for real.

Peter enters a room and sits in the front row.

EXT. HKU CAMPUS - DAY

Coming out from the K K Leung building, Peter talks to himself.

PETER (V.O.)

Yesterday, I experienced

what's real. Just then,

I've played an academic

role in a business case

competition again.

Pausing.

PETER (V.O.) (Cont'd)

For entrepreneurial start-

ups, they tend to rely on

tech-solutions that customers

can't do without, and the

exclusive IP they may get

should scale up their

businesses.

Pausing.

PETER (V.O.)(Cont'd)

For students, they tend

to cook up slogans and

fanciful financials to

make their dreams come

true.

Pausing.

PETER (V.O.)(Cont'd)

To create and deliver

value in real markets

is naturally much harder

than in hypothetical ones.

Pausing.

PETER (V.O.) (Cont'd)

Both entrepreneurs and

students have to differentiate

their businesses from their

competitors.

Pausing.

PETER (V.O.) (Cont'd)

The tricky part of all these

business models/plans/cases

is that the environment is

dynamic and isn't static.

Pausing.

PETER (V.O.) (Cont'd)

Entrepreneurs need

real time, money and

effort to design, implement

and refine their business

models/plans/cases. Still.

they may stay hungry.

Pausing.

PETER (V.O.) (Cont'd)

For students, they play

safe and wouldn't actually

throw good money after

bad. They really have

nothing to lose.

Pausing.

PETER (V.O.)(Cont'd)

The same logic explains

why I can get involved in

academic ones and have

been enjoying doing them!

FADE OUT. The End

#NothingToLose