Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
79-Year-Old Certified Nutritionist: Diet for Strength and Longevity

79-Year-Old Certified Nutritionist: Diet for Strength and Longevity

November 11, 2025
I Bought and Moved Into an RV After a Tough Time; Not What I Expected

I Bought and Moved Into an RV After a Tough Time; Not What I Expected

November 11, 2025
Should You Use A Home Equity Loan To Pay Off Debts?

Should You Use A Home Equity Loan To Pay Off Debts?

November 11, 2025
Apple and Issey Miyake Design 0 iPhone Pocket

Apple and Issey Miyake Design $230 iPhone Pocket

November 11, 2025
I Moved From Florida to New York City, Things That Surprised Me

I Moved From Florida to New York City, Things That Surprised Me

November 11, 2025
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
November 11, 2025 12:35 pm EST
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » He Left His Job and Knew Asia Was Where He Wanted to Build a Startup
He Left His Job and Knew Asia Was Where He Wanted to Build a Startup
Markets

He Left His Job and Knew Asia Was Where He Wanted to Build a Startup

News RoomBy News RoomSeptember 21, 20250 ViewsNo Comments

This as-told-to essay is based on a conversation with Yann Schuermans, the CEO of Baskit, who is based in Jakarta, Indonesia. His words have been edited for length and clarity.

By 30, my career looked ideal on paper, but I couldn’t ignore the pull to create something of my own.

When I was studying international management at the University of Manchester, I spent a year abroad in Hong Kong. That experience opened my eyes to Asia’s pace and possibilities, and I knew I wanted to be part of it.

In 2016, two years after graduating, I joined AB InBev’s Asia Pacific headquarters in Shanghai. With my Belgian-Brazilian background and a family history in brewing, stepping into the world’s largest beer company felt both ambitious and familiar.

I threw myself into the work. By my mid-20s, I was chief of staff to the region’s CEO, then general manager for Hong Kong and Macau, and later strategy director and head of M&A for the region. Each role brought more responsibility, more travel, more wins. On the outside, it looked like everything was falling into place.

But inside, I felt married to a single corporate identity. The path ahead was predictable — move back to the Americas and climb higher into the corporate ranks. It would have been a safe choice, but it wasn’t what I wanted.

I kept coming back to the same question: What would it look like to start something of my own, without the safety net?

Leaving behind the comfort job

In 2021, I left AB InBev and moved to Singapore to join a hyper-growth startup. That year confirmed that I was ready to take the leap.

Related stories

Business Insider tells the innovative stories you want to know

Business Insider tells the innovative stories you want to know

The next year, I co-founded Baskit with my wife, Yoonjung Yi. Our goal was to digitize Southeast Asia’s fragmented supply chains and help small and medium-sized brands reach the market with better distribution, support, and credit.

The reality hit fast. More than 50 VCs turned us down. We nearly lost our visas, couldn’t pay ourselves, and survived on $100,000 in savings from family and personal funds.

But persistence eventually paid off. Through mentors and local networks, we raised $5.5 million. The capital mattered, but the bigger shift was psychological. Once I was responsible for other people’s money, failure was no longer just personal.

Embracing the unpredictable

Entrepreneurship tested me, but I drew on lessons from corporate life.

At AB InBev, I often faced unpredictable situations while traveling to more than 100 countries. Improvisation became second nature, and that mindset turned into my survival kit at Baskit. Ideas rarely show up fully formed. Baskit today looks very different from what I imagined on day one. The key has been composure, resilience, and adaptability when things go sideways.

Fast forward, we’ve grown to more than 50 people, and we’ve had a few profitable quarters under our belt. Our early scrappiness built muscles we still rely on.

Day to day, the contrast with corporate life is stark. At AB InBev, my schedule was structured and supported. As a founder, each day is chaos and filled with a mix of sales pitches, fundraising calls, product pivots, and customer complaints. But it’s liberating too.

Moving closer to the problem

In 2023, we moved from Singapore to Jakarta to be closer to our customers. To really understand the market, we had to live it. We had to sit in traffic with distributors; watch goods move through small shops; and see late payments or stalled deliveries firsthand.

It wasn’t easy. Building trust meant hours with wholesalers just to earn another meeting. Infrastructure gaps, language barriers, and constant pivots made every day complicated. But Jakarta was where the lessons — and opportunities — were.

The past two and a half years have been the steepest learning curve of my life. I’ve had to become a generalist overnight, from treasury management to crisis leadership. I’ve gained the confidence that I can figure it out.

Working with my partner

Building Baskit with Yoonjung has been both the biggest risk and the biggest gift. We share the roller coaster — celebrating wins together, pushing through low points side by side. But our lives, careers, and future plans are all tied to one venture, which can compound the stress, especially as we think about starting a family.

During the toughest fundraising days, we leaned on each other’s resolve. We’d met at AB InBev, where she worked as HR Manager, so blending work and life always came naturally.

Now, we balance responsibilities. I focus on external growth and sales, while she manages operations and team culture. With our third co-founder, Abhishek Pansari, covering strategy, we’ve learned to complement one another without overlap.

If I’ve learned anything, it’s that you don’t wait for the “right” time to leap. Corporate life will always tempt you with another promotion, another bonus, another milestone. Cover your basics, then take the jump. The rest, you’ll figure out along the way.

Do you have a story about moving to Asia that you want to share? Get in touch with the editor: akarplus@businessinsider.com.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

I Bought and Moved Into an RV After a Tough Time; Not What I Expected

I Bought and Moved Into an RV After a Tough Time; Not What I Expected

I Moved From Florida to New York City, Things That Surprised Me

I Moved From Florida to New York City, Things That Surprised Me

What I Buy at Trader Joe’s for 6 Kids: Best Frozen Foods for Easy Meals

What I Buy at Trader Joe’s for 6 Kids: Best Frozen Foods for Easy Meals

How to Make Dolly Parton’s Sweet Potato Casserole for the Holidays

How to Make Dolly Parton’s Sweet Potato Casserole for the Holidays

I Left the US to Buy a Farmhouse in France After My Kid Moved Out

I Left the US to Buy a Farmhouse in France After My Kid Moved Out

Goldman Sachs MD Says AI Hires Need 3 Key Skills to Succeed

Goldman Sachs MD Says AI Hires Need 3 Key Skills to Succeed

Sam Altman Eye-Scanning Orb Startup Less Than 2% to Billion-User Goal

Sam Altman Eye-Scanning Orb Startup Less Than 2% to Billion-User Goal

Cursor Flew Across the World and Made up Dinners to Hire Top Engineers

Cursor Flew Across the World and Made up Dinners to Hire Top Engineers

Alex Karp Says These Are the Biggest Threats to Palantir Right Now

Alex Karp Says These Are the Biggest Threats to Palantir Right Now

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

I Bought and Moved Into an RV After a Tough Time; Not What I Expected

I Bought and Moved Into an RV After a Tough Time; Not What I Expected

November 11, 2025
Should You Use A Home Equity Loan To Pay Off Debts?

Should You Use A Home Equity Loan To Pay Off Debts?

November 11, 2025
Apple and Issey Miyake Design 0 iPhone Pocket

Apple and Issey Miyake Design $230 iPhone Pocket

November 11, 2025
I Moved From Florida to New York City, Things That Surprised Me

I Moved From Florida to New York City, Things That Surprised Me

November 11, 2025
What Is a Home Equity Loan and How Do You Get One?

What Is a Home Equity Loan and How Do You Get One?

November 11, 2025

Latest News

Former Airline Pilot Warns AI Could Make Flying Harder During a Crisis

Former Airline Pilot Warns AI Could Make Flying Harder During a Crisis

November 11, 2025
What I Buy at Trader Joe’s for 6 Kids: Best Frozen Foods for Easy Meals

What I Buy at Trader Joe’s for 6 Kids: Best Frozen Foods for Easy Meals

November 11, 2025
Middle-Class Americans Need a ‘Someday Fund’ to Weather the Economic Squeeze: 5 Ways to Safeguard Your Money

Middle-Class Americans Need a ‘Someday Fund’ to Weather the Economic Squeeze: 5 Ways to Safeguard Your Money

November 11, 2025

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2025 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.