許多人對未來的財務規劃都充滿疑問。今期我們非常榮幸能邀請到 Saki Partners 的高級財務顧問兼董事，
Animoca Brands 和 Mach7 Technologies 的非執行董事Nigel Finch 為我們解答有關財務規劃的疑難。
這算是有助我個人職業上的發展，多於在不同類型的行業發展。由於我曾經在商業和金融領域內學習和工作，在這個行業已有一定的專業知識和實踐技能，這驅使我在兩所知名的商學院都獲得驗證。我在國際新興市場和經濟發展方面也有非常豐富的經驗，並協助經濟體吸引外國的投資者和提供專業知識。這些經歷的認可也令我有機會被任命為蒙古名譽總領事(Honorary Consul-General of Mongolia)。
Text: Nancy Lim, Janny Ho
For many of us, when it comes to planning our business’ financial future, the right answers seldom come easy. Fortunately there are professionals like Dr. Nigel Finch, a senior financial advisor and a director at Saki Partners non-executive director of Animoca Brands and Mach7 Technologies, who can answer our burning questions help make sense of the confusion.
(1) What do early-stage and mature stage firms tend to miss out when they manage their finances?
The biggest issue is for early stage firms is that a lot of founders overlook the importance of developing an integrated strategic plan and financial plan. Companies need to insure the assumptions inherent in their strategic plans dovetail into their financial plans otherwise the financial budget quickly becomes out of sync with the business evolution.
(2) What were common financial circumstances or challenges companies in Asian market or startups often find themselves in? And could you give some advices on how they can avoid these unforeseen financial circumstances or challenges?
Revenues often take longer than they anticipated, and activities take more time and effort resulting in expenditure higher than originally budgeted. This results in money running out earlier than expected. This presents a challenge as the business in attempting to raise capital a time in its lifecycle where is may not have achieved sufficient milestones to give investors the confidence they need to commit to a funding round.
(3) What are your thoughts on the up and coming mobile games companies, specifically startups? What are the factors you think make certain companies survive in this saturated industry or really disrupt the market ?
Single game production is a high-risk activity for business to undertake as success usually depends on a portfolio of games and how development risk can be spread across a diversified portfolio of titles. This scale poses a huge challenge for smaller game studios as they don’t have sufficient numbers of games in the portfolio.
Some of the trends in the current market are building in technologies like AI, blockchain and cryptocurrency as features of the design or game-play. These sort of tech innovations may give games a greater half-life as well as more support from audiences. Similarly licensing or co-branding with other better known intellectual properties such as brands may contribute to de-risking the game by helping it find a larger audience and the chance for greater commercial success.
(4) You’ve worn many hats over the years and have attained many achievements. May I know what motivates your career changes or drive to dive into many different industries?
It’s more than a career progression rather than a deliberate career change across different industries. I’ve studied and worked in business and finance extensively developing a lot of knowledge and practical expertise which led to this being validated by appointments in two leading business school. I have also had substantial experience in international business and economic development in emerging market and assisting these economies attract foreign investment and know-how. Recognition of this experience led to my appointment as Honorary Consul-General of Mongolia.
(5) What is your work motto? What do you have in works in near future?
My work motto is “do what you love “ Confucius once said “Choose a job you love, and you will never have to work a day in your life.” I think the financial rewards come through hard work, determination and persistence and those are what I value in myself and my team. I am passionate about helping business grow and in creating wealth for shareholders and clients. I genuinely like what I do so it doesn’t feel like working. My 5-year plan is to continue what I am already doing. Working with new technologies, new entrepreneurs and new business models, assimilating them and accelerating them in the right markets that will create wealth for their owners.