{"id":5579,"date":"2020-11-28T09:14:06","date_gmt":"2020-11-28T01:14:06","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=5579"},"modified":"2020-11-28T09:14:07","modified_gmt":"2020-11-28T01:14:07","slug":"5-questions-with-vernice-yap-founder-ceo-lovenn","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/5-questions-with-vernice-yap-founder-ceo-lovenn\/","title":{"rendered":"5 Questions With\u2026 Vernice Yap, Founder &#038; CEO, Lovenn"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What does it take to start and run a company as a solo-founder? A lot of guts, determination, and an unshakable belief in your vision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This was among the lessons we learnt speaking with Vernice Yap, who started Lovenn, a platform that helps people form more meaningful connections in the real-world \u2013 while reducing the pitfalls of the more pervasive dating apps in the market, such as being bogged down in the time (and money) consuming cycle of swipe-connect-chat, without actually getting anywhere.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a solo-founder, Vernice heads product development, marketing, and even successfully raised seed funding under&nbsp;<a href=\"https:\/\/dollarsandsense.sg\/business\/guide-startup-sg-founders-grant-how-entrepreneurs-can-receive-government-support-start-business\/\">Enterprise Singapore\u2019s Startup SG<\/a>. We asked her 5 questions to shed light on how she does what she does, and what aspiring and existing entrepreneurs can learn from her.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Read Also:&nbsp;<\/em><\/strong><a href=\"https:\/\/dollarsandsense.sg\/business\/guide-startup-sg-founders-grant-how-entrepreneurs-can-receive-government-support-start-business\/\"><strong><em>Guide To Startup SG Founders Grant And How Aspiring Entrepreneurs Can Receive Government Support To Start A Business<\/em><\/strong><\/a><strong><em><\/em><\/strong><\/p>\n\n\n\n<h3 id=\"5-things-that-are-always-in-your-daily-routine\" class=\"wp-block-heading\"><strong>5 Things That Are Always In Your Daily Routine<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>First thing in the morning, I write the to-do list for the day\u00a0<\/li><li>Sync up with the team on our goals both the start and end of the day\u00a0<\/li><li>Have dinner while watching Channel 8&#8217;s 6.30pm news together with my mum<\/li><li>Follow a YouTube workout video &#8211; to save money on gym membership!<\/li><li>Cuddle with my fur-son<\/li><\/ul>\n\n\n\n<h3 id=\"4-tools-apps-you-cannot-live-without\" class=\"wp-block-heading\"><strong>4 Tools\/Apps You Cannot Live Without<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trello:<\/strong>&nbsp;Great tool for planning our team\u2019s objectives and key results&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Slack:<\/strong>&nbsp;We use it for team communications and co-ordination.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Zoom:<\/strong>&nbsp;For the obvious virtual work calls&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Google Drive<\/strong>&nbsp;(along with Google Docs\/Sheets\/Slides): Being able to edit the same document at the same time even when we\u2019re physically apart is indispensable in today\u2019s remote-first world. It\u2019s also so easy to work anytime anywhere on the phone with these apps.<\/p>\n\n\n\n<h3 id=\"3-books-that-had-the-biggest-impact-on-you\" class=\"wp-block-heading\"><strong>3 Books That Had The Biggest Impact On You<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Balls Inc<\/strong>&nbsp;by Val Yap. She talks about the issues she faced as a solo woman founder, the chicken-and-egg problem of raising funds and having a team, amongst many other useful entrepreneurial tips.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Founder&#8217;s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup<\/strong>&nbsp;by Noam T. Wasserman. These are downplayed in the excitement of starting up a new business venture but are some of the most important decisions entrepreneurs will face.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7 Habits of Highly Effective People<\/strong>&nbsp;by Stephen Covey. Published 21 years ago, the advice is still incredibly relevant now. Habit #2, Begin with the End in Mind. How do you want to be remembered? Habit #5, Seek First to Understand, Then to Be Understood.&nbsp;<\/p>\n\n\n\n<h3 id=\"2-role-models-you-look-up-to-and-why\" class=\"wp-block-heading\"><strong>2 Role-Models You Look Up To &#8211; And Why<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sheryl Sandberg:<\/strong>&nbsp;She\u2019s a Wonder Woman. As COO at Facebook since 2008, she led the social media company from a $56 million loss to $22.1 billion in profits in 2018.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tin Pei Ling:<\/strong>\u00a0I have a lot of respect for Ms Tin who is a mother, politician and businesswoman. Despite a rough start in 2011, she has won the hearts of citizens through her sheer amount of dedication towards helping residents.<\/p>\n\n\n\n<h3 id=\"1-piece-of-advice-for-budding-entrepreneurs\" class=\"wp-block-heading\"><strong>1 Piece Of Advice For Budding Entrepreneurs<\/strong><\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>I\u2019m still a budding entrepreneur myself of course but I strongly believe in being driven by purposes that stand for larger than yourself.<\/p><cite>Vernice Yap, Founder &amp; CEO, Lovenn<\/cite><\/blockquote>\n\n\n\n<h3 id=\"give-love-a-chance-by-giving-lovenn-a-try\" class=\"wp-block-heading\"><strong>Give Love A Chance By Giving Lovenn A Try<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At the time of writing,\u00a0<a href=\"https:\/\/www.kickstarter.com\/projects\/lovenn\/lovenn-the-dating-app-to-not-waste-time\">Lovenn is running a Kickstarter campaign<\/a>\u00a0to reward early-adopters, as well as help build a community of like-minded users. Backers who pledge $9 can receive $59 worth of app credits and stand a chance to win $1,000 cash prize. The campaign will be live till 1 December 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Read Also:&nbsp;<\/em><\/strong><a href=\"https:\/\/dollarsandsense.sg\/business\/heres-why-2020-could-be-the-best-time-to-start-a-business\/\"><strong><em>Here\u2019s Why 2020 Could Be The Best Time To Start A Business<\/em><\/strong><\/a><strong><em><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"They say being a solo-founder is tough. Here\u2019s how Vernice Yap of Lovenn does it.\n","protected":false},"author":6,"featured_media":5580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[462,572,107,571,570],"class_list":["post-5579","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurs","tag-5-questions-with","tag-app","tag-entrepreneurs","tag-lovenn","tag-vernice-yap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 Questions With\u2026 Vernice Yap, Founder &amp; CEO, Lovenn | DollarsAndSense Business<\/title>\n<meta name=\"description\" content=\"Recipient of Enterprise Singapore\u2019s Startup SG Founder grant, Vernice Yap of Lovenn is a rare breed of solo female founders.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dollarsandsense.sg\/business\/5-questions-with-vernice-yap-founder-ceo-lovenn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Questions With\u2026 Vernice Yap, Founder &amp; CEO, Lovenn | DollarsAndSense Business\" \/>\n<meta property=\"og:description\" content=\"Recipient of Enterprise Singapore\u2019s Startup SG Founder grant, Vernice Yap of Lovenn is a rare breed of solo female founders.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dollarsandsense.sg\/business\/5-questions-with-vernice-yap-founder-ceo-lovenn\/\" \/>\n<meta property=\"og:site_name\" content=\"DollarsAndSense Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-28T01:14:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-28T01:14:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2020\/11\/5-questions-vernice-lovenn.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sim Kang Heong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sim Kang Heong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dollarsandsense.sg\\\/business\\\/5-questions-with-vernice-yap-founder-ceo-lovenn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dollarsandsense.sg\\\/business\\\/5-questions-with-vernice-yap-founder-ceo-lovenn\\\/\"},\"author\":{\"name\":\"Sim Kang Heong\",\"@id\":\"https:\\\/\\\/dollarsandsense.sg\\\/business\\\/#\\\/schema\\\/person\\\/7083fb07923be1016c9ae2dcfa614c50\"},\"headline\":\"5 Questions With\u2026 Vernice Yap, Founder &#038; 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