My first business was an events company called Extravaganza. It was a whirlwind of action-packed experiences and really got me excited. What started as a summer project to host a single large event became a series of ongoing bi-annual events. I learnt a lot of important tools that I applied to all my ventures that came later.

When I decided to start Dash Living in 2014, I wanted to provide young, urban professionals with quality, hassle-free serviced accommodation; an all-inclusive, flexible rental period; convenient locations; tenant perks; and facilities to help them thrive in the most expensive cities in the world. Dash Living is more than an accommodation provider. When you choose to stay with us, you’re making a lifestyle choice where you join a community of friendly tenants, who are enthusiastic about meeting new people and find joy in shaping our culture.

Read more: Serial Entrepreneur Parith Rungsimanond On What He's Learned From His Successes And Failures

Our business is resilient, and we actually grew during the pandemic. Since we are not a tourism business, we have not been too impacted by border restrictions. Demand is strong and our bookings have been growing 200 percent year on year.

I am a keen believer in leading with empathy. We partner with businesses of all shapes and sizes in town to provide benefits for our tenants, which creates a win-win dynamic for the participating business owners in today’s challenging environment. We’re keen to do everything we can to bring a positive change to our community.

For aspiring entrepreneurs, start with identifying a problem, then determine the size of the problem, followed by a solution and its marketability, scalability and price attractiveness. Otherwise, you end up building passion projects as opposed to businesses that solve real problems.

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