Have you ever felt like you don’t know what to do in life? Actually we have that feeling every once in a while and it holds us back. Your thoughts open opportunities and set you up for the journey that you want to take. If your thoughts are scrambled, then they are holding you back, hence you’re going nowhere. Without clarity, satisfaction in life decreases and complacency sets in.
In this podcast, Peng shares his stories and the wisdom he gained throughout his career and personal life. One of the biggest advice he gave was to have clarity in what you do and that leads to you redefining the meaning of work.
“Traditional definition of retirement is very dangerous…you work 30-40 years and then you stop and that is retirement. There is enough data to tell you that if you did that you die quickly after that.”
Peng is the Co-Founder and Managing Partner at Monk’s Hill Ventures, a venture capital firm investing in early-stage tech companies, primarily Series A, in Southeast Asia. Peng is an industry veteran with over 25 years of experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia.
Prior to Monk’s Hill Ventures, he was a Venture Partner at GSR Ventures in China. The firm is known for its successful investments in companies like Didi Chuxing and Qunar. As an entrepreneur, he co-founded a series of successful companies including Electric Classifieds (today known as Match.com), Interwoven and Encentuate, which combined today generate over USD$1 billion in revenues annually.
Peng is currently the Chairman of SolveEducation! and serves as a board member of the International Advisory Board for the University of Texas at Austin and SEA Founders. Peng earned a B.S. in Electrical Engineering from the University of Texas and an M.S. in Computer Science from the University of Illinois.
You can find Peng on LinkedIn
Wisdoms Takeaway
- If you start something, finish it.
- Clarity is the central point to start which will lead you to persevere because you believe or have faith.
- Remember the fundamentals, people with money are not always right. Understand what is strategic and what is stupid.
- Investing comes with a risk, there is no free lunch. Beware about jumping into the bandwagon as you only hear from those who gain from it while we don’t hear from many more who lost.
- Understand the burden of leadership where you should know how to maintain your own mental health as it affects people you work with and people you lead.
- Take care of your body while you have one.