KINETX
HOW IT ALL STARTED
Rowen Untivero has been a business consultant for over 37 years across the Asia-Pacific region. During this time, he developed a big network and encountered many clients seeking his advice on topics beyond human capital development. He often got frustrated when he couldn’t help them because their systems were the problem. To address this, he created a holistic, one-stop solution that provides everything a business could ever need—from technologies to business consulting.
Practical Advices
Rowen Untivero shared us wisdom that he gained from his business and his business consultant career of over 37 years. We interviewed him with three questions: a question about capital, what a business owner should have, and advice for young entrepreneurs watching right now. His response is highly engaging, clearly practical, and deeply useful, showcasing a thoughtful and effective approach.
How Much Capital Should a Business Owner Have?
If you’re an entrepreneur without enough capital, remember that not all businesses require heavy funding, even services. Select a business that fits the elements that are important, such as capitalization, business acumen, or technology. When choosing a business, don’t just focus on passion. Consider the practical resources you have and what you can access. If you lack certain resources, seek mentorship or partnerships with companies. Be both strategic and resourceful.
Mentorship is crucial because, in this industry, the greatest and biggest tuition fee you pay in business is failure. Ninety percent of SMEs fail. Studies show this failure is largely due to a lack of business acumen, technology, or funding, among other factors. This is why Kinetx SME was established to address these gaps and substantially increase the probability of business success.
What Should a Business Owner Have and Why?
Well, a business owner must have vision. There are other things, but I say vision because it’s the one that guides everything. You can change your execution, you can change some strategies, but if you have a vision, then there is a reason why and there is a place, a destination that you want to be in.
What Is Your Advice for Aspiring Entrepreneurs Watching Right Now?
For aspiring entrepreneurs, it depends on the scale of what you’re planning to do. You will undergo five stages: startup, stabilization, scale-up, sustaining, and succession. The struggle is most significant between startup and scale-up, which is where 90% of businesses fail. The key is to be open to learning. Learn first about the business and do not hesitate to ask for help. If there are things lacking, be practical in understanding them. You may want a particular business, but down the line, you might not be able to sustain it. The question is whether you continue with that or seek support from other entities. This brings back the essence of why Kinetics SME was created: to address gaps and help companies succeed.
About KinetX SME
Well, Kinetics is a big brother to companies. We’re here particularly for SMEs, but we also are a big brother to large enterprises and even countries. So we provide end-to-end solutioning, if you can look at that later on, in six areas: in business, in properties and facilities, in technologies, in financing, in human capital management, as well as information and physical security. We don’t have a competitor. We’re the only one doing this in the world.