Many young startup entrepreneurs in Da Nang have always admitted the fact that startup communities which include mentors, startup developers and clients, themselves have help them overcome frustrating times, and realise their startup dream despite many potholes on their road to success.

By immersing themselves in a community, young startup businesspeople can give themselves a chance to enhance their professional and personal network. Here is a corner of the Hai Chau District-based Surf Space

During his recent meeting with the city’s startup community, Daniel Jacobs, the CEO and Co-founder of the US-based Avanoo, which offers assessments, micro-learning, and predictive analytics, and helps employees adopt behaviors, mindsets, and stories to improve culture and performance, shared his company’s story, hereby highlighting benefits of joining a startup community.

Back in August 2014, Avanoo had zero dollars in revenue. Luckily, afterwards, the company was admitted to the 500 Startups, the most active venture capital fund and startup accelerator program in the world. Headquartered in San Francisco, California, 500’s mission is to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems.

In his article published on the Huffinton Post, Jonathan Chan, a Content Marketer and Startup Consultant, highlighted the different ways startup entrepreneurs can start utilising the power of community.

According to Jonathan Chan, by immersing themselves in a community, young startup businesspeople also give themselves a chance to learn from the overall group, mining the wisdom of several people, and helping each other out along the way.

Besides, they can enhance their professional and personal network, especially by connecting with influencers, and raising their own profiles.

On the other hand, young startup businesspeople can find people who have the expertise and skills in the areas that they lack. This is where leveraging the power of community comes in.

Also, communities, by their very nature, contain a diversity of opinion, ideas, and knowledge that entrepreneurs would never encounter alone. Just being in proximity of such a whirlwind of ideas means that they are constantly challenging themselves to think creatively and constantly reconsider what they know.

Last, but not least, what a community of like-minded people provides, more than anything else, is a support network of people who understand what it is entrepreneurs going through and be able to give them the support them need to keep going.

In Da Nang, after 3 years of building an entrepreneurial ecosystem, the city has gradually developed some start-up communities, including incubators, companies, universities. Although their small scales, these communities have still created their own values.

In the coming time, Da Nang will open the union of co-working spaces which not simply connecting such spaces physically but it also ensure a human connections. Hopefully, these linkages would create greater values, hereby helping the city become very attractive to domestic and foreign start-up businesspeople.