Due to the recent circumstances with COVID-19, many of us are going to have to / have had to work from home for the first time. My company, nexlabs, has also recently started doing so.

Many teams rely on physical interactions in an office environment to get work done. All of this is going to change. I hope the following tips and tricks will help ease the pain for you.

Image for post
Image for post
Source: Unsplash

Setting up the fundamentals.

The most important part of working from home is to set up the right environment for your productivity. This does mean that you probably should not be working beside your bed; for obvious reasons. …


Disclaimer: The following thoughts are my own and they do not represent any organization or company.

Image for post
Image for post
Credit: Michael Mong / Shutterstock.com

2 years ago, I tried to #GoCashless in Myanmar. If you have not read my article from back then, here’s the link.

I do not think it would be surprising to you that I failed miserably back then. I encountered situations where I would often be greeted with “certain looks” whenever I tried to pay with Visa or mastercard. If that does not put you off, I am pretty sure having to pay 2% — 2.5% surcharge on every single transaction since merchants were not willing to absorb the merchant discount rate (MDR) would definitely do the magic. Merchants, I get it! You do not want to split some of your hard-earned profit to banks and often times, your profit margins were not even as high as 2.5%. Banks, I get it! You also have running cost and fees that you’d have to pay to Visa, mastercard, and others. Ultimately, the consumer, who wants to help everyone in the ecosystem to save the cost of handling cash, would have to foot the bill. If that does not put you off, how about having no cash but only cards in a dinner meeting with the in-laws for the first time? Yes, one could only blame me one for not carrying any cash. …


It’s been phenomenal living in Myanmar for the past five years. Before I left the country to further my studies in Singapore less than a decade ago, I told my family that I probably would not be coming back to Myanmar and that I would be building my future elsewhere.

Image for post
Image for post
Evidence of Myanmar’s Telecommunication Leapfrog

Fast forward to 2017, not only I find myself back in Myanmar but also being excited to be part of Myanmar’s transformation story. Different media have dubbed the story with multiple eye-catching headlines. But one that has stuck throughout the years is the story of “Myanmar’s leapfrog.”

When we think about leapfrogging in Myanmar, we tend to only think about the communications & connectivity leapfrogging (i.e., over 60% smartphone penetration in less than five years). Over the past two years, this seems to be a recurring and the only theme when it comes to leapfrogging. The growth is explosive, surely. But what about other sectors of leapfrogging? What about leapfrogging in Myanmar’s nascent financial ecosystem? …


In the last 30 days, I started using my credit and debit cards more and more. I wanted to understand why only a few people use cards here in Myanmar. There are so many different types of cards that you can use in Myanmar: JCB, UnionPay, VISA, mastercard, MPU and more. You name it — we have it. This also reminds me of my childhood where we had GSM, CDMA, Cellular, WCDMA and other different standards, yet, nothing worked well.

Image for post
Image for post

Hence, I started prioritizing card payments over cash payments in my daily transactions. Here are my findings.

THE GOOD: If it works, it works!

Let’s not be so negative and let’s be thankful that we can use cards in Myanmar. The banking sector has grown quite significantly (I didn’t say fast though). We have that to be thankful for. Just a few years back, cards were unheard of. Using a foreign card to withdraw money was impossible. Now, not only it has become possible, we even have VISA/mastercard credit cards now. …


[This is a repost from my now defunct blog]

As a first-time startup founder, it’s quite overwhelming when it comes to preparing the paperwork for your first round of funding. I wanted to share a simple kit that helped me while I was raising first and second round for my venture, nexlabs.

The Pitch Deck

This is what you bring to your 30-minute coffee meetings. You should have this with you at all times. You never know when you’d be bumping into a potential investor.

  1. Problem
  2. Solution (The product)
  3. How it works
  4. Market size
  5. How do you make money?
  6. Competitors
  7. Unfair advantage
  8. The…


Entrepreneurship has been made popular that every keyword that you drop into that Google search box, entrepreneurship comes up to be the first. When I first started, I thought that being an entrepreneur has opportunities for amazing learning experiences. That is true for most of the cases.

But there’s apparently an ugly underlying middle-layer truth — there’s bitterness behind every amazing learning experience.

Forget about being on the same wavelength.

Your friends will start to misunderstand you. Your colleagues will think that you’re being selfish. …

About

Ye Myat Min

Forbes 30 Under 30 / Founder at nexlabs / FinTech / Digital Transformation / Experience Design / Myanmar

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store