Podcast highlights:

04:55 After you founded WellteQ, is that when you decided to move to Asia? -- Basically yes. In the early feedback we received, we understood we had a good idea but were lacking in the tech department. So we moved to Singapore with the goal of hiring from among the region's best tech minds. My background is not in technology, so we knew we had to go where we could find people to in-source and help us in this regard. Ultimately this led us to Singapore in 2014.

37:00 So then what are some of the challenges you've faced as you built the business? -- Getting talent is not easy, especially when you're operating in a large regional environment. Time pressures may force you to settle on people who are not quite right. Maybe this works out, but it often doesn't. Another big challenge is learning to differentiate between the opportunities you should really spend time on and what are the ones best to say no to.

42:45 Is the business you're doing now the same as what you set out to do four years ago? Or have you pivoted? -- Our overall goal remains the same. We want to connect millions of people to health improvement using technology. The tools we use are not necessarily what we thought we would be using when we started, yet here we are. The only sure thing with any business plan is that you're not going to adhere to it 100%.

Podcast notes:

00:05 Welcome Scott Montgomery, CEO and co-founder at WellteQ to Founders in Asia with Jodie Collins.

00:42 Can you tell the listeners a bit about your backstory? -- Based in Singapore for the past four years with WellteQ, which was founded in 2013 in Perth, Australia. Started in the health sector in the early 2000s in New Zealand and worked there with New Zealand rugby player Tana Umaga. After this worked in the health insurance industry for a year before moving to Australia.

04:55 After you founded WellteQ, is that when you decided to move to Asia? -- Basically yes. In the early feedback we received, we understood we had a good idea but were lacking in the tech department. So we moved to Singapore with the goal of hiring from among the region's best tech minds. My background is not in technology, so we knew we had to go where we could find people to in-source and help us in this regard. Ultimately this led us to Singapore in 2014.

06:55 Is most of your team based in Singapore then? -- The majority is, yes. We are headquartered here and all our global clients are serviced from here. We recognized we needed to be in a location where other major companies had their operations. So between Singapore and Hong Kong, we knew these were the major centers of Asian business. For us the proximity to our original base in Australia led us naturally to choose Singapore for our operations.

12:00 Who tend to be your clients? Are we talking about large regional and multinational conglomerates? -- For us there is a mix. Certainly the low-hanging fruit are the big multinationals. We are starting to see more locally grown and established companies taking interest in ways of managing employee health and wellness. We do a lot of business in Australia, have a growing interest in the Philippines and India, and less so in the China; but we are hoping to open this market as well.

14:27 How much of the growth in business do you think is attributable to rising stress levels across the region? -- Stress is definitely a big one. Some countries are very forward-thinking in terms of promoting employee well-being. In Asia, the culture is still very much centered around the idea employees don't leave before their boss. We do observe changing attitudes, in particular among the younger generations, who are looking to essentially be their own boss. They want to control their own destinies.

18:30 Take us through the process of actually how you got started in Singapore.