Somewhere along the way, the next move stopped being obvious. That's usually when people find me. I'm a venture builder and strategic investor, the person founders call at a crossroads.
Joanna Soh · Eight Mercatus

I've spent 25 years building businesses at every stage: some from scratch, some already running, some ready to exit. Early on, I was part of a founding team that took a tech company to IPO in Australia. I built one of Singapore's early ecommerce ventures, back when nobody quite knew where online retail was heading.
I spotted the wellness travel trend before it had a name, bringing Singaporeans to Lapland, Finland for transformational retreats when deep rest wasn't yet a conversation. Maybe it's curiosity. Maybe it's a hunch I've learned to trust.
I've identified and invested in early-stage companies that are now substantial businesses, helped foreign founders land in Singapore, and connected European startups with Asian capital. I've advised my father on the divestment of our family's investment in a palm-oil plantation in Malaysia, a business my grandfather was involved in for more than 40 years, where its shareholders are finally able to take their profits. So when an owner tells me that letting go feels complicated and personal, I know exactly what they mean.
Now I work with owners standing at a crossroads. Do we scale? Do we sell? Who's the right partner? I help them see the move in front of them, pull the right people together, and make it happen.
Most owners don't know what they don't know. You're either new to the next move, or so deep in the business you can't see it clearly. I get to know you, find the real problem, and help you make the move: strategy, practical steps, and the right people, alongside you the whole way.
You've built something real, but fundraising feels like a foreign language: the deck, the partners, the expectations. I help you prepare properly: the strategy, the practical steps, the pitch, and the mindset to walk in ready.
You've run this for years and can't see outside the ring: how good it really is, how hard it would be to replicate. Maybe you're fed up, maybe you're at a crossroads. I partner with you to steer it somewhere better.
You're a clinician or an operator, all-in on the work itself, with no bandwidth for marketing or strategy. I step in as a hands-on partner and grow the business with you.
The industries I understand from the inside, where I can add the most, fastest. Not the only doors open, but where I go deepest.
Businesses built around how people want to live: premium and golf travel, and the wellness and longevity experiences fast becoming the real luxury.
Dental practices, and Traditional Chinese Medicine: products, clinics, and practices grown and scaled without losing what makes them trusted.
Across both, AI and automation increasingly shape how I work, helping good businesses run leaner and scale further.
Twenty-five years as an operator, a founder, and an investor. A few of the chapters that shaped how I work today.

Before online retail was a thing here, I pitched SingPost, won their backing, and built an ecommerce venture inside one of Singapore's most established institutions.

We backed founder Jackson Aw early, then helped turn a toys collectibles business into a deep-tech, blockchain-native one, now a globally recognised pop-culture company.

I led the first round, helped build its tech team, and brought the business into Asia, bringing in Asian investors and setting up its operations in the region.

My partner Daniel Lim and I built LITO Retreat, a series of transformational retreats deep in Finnish Lapland. Quietly life-changing for everyone who came.
Seed-funded the inventor, raised the first ~US$1M, and ran the corporate side to a listing in Australia.
A Western Australian hospitality business, acquired with an equity partner.
Helped international founders and investors make Singapore home.
"Golf is where I do my best thinking, and build my best relationships."
Some of my most important partnerships began on a fairway, not in a boardroom. Eighteen holes tells you how someone thinks, how they handle a bad lie, whether you'd want to build something together. It's slow, it's honest, and it's where trust gets made. That's exactly why golf travel is one of the spaces I back.

Conversations with people who built something real from nothing, and the patterns the rest of us can learn from.
I'm fascinated by one thing across every business I've touched: how an idea becomes something real, then something big. The Good Spirit is my search for that pattern: conversations with people who started with nothing and built something respectable and lasting. From first-generation immigrants who arrived with empty hands, to founders today building at the speed of AI.
The name is the point. Good Spirit means doing business with sincerity, honesty, and integrity, and with real care for the people it touches. Doing good isn't an afterthought; it's part of the work. The world can feel short on that right now, but I've always believed in the better side of people. If even one listener comes away with something they can use (an idea, a lesson, a bit of courage), it will have been worth making.
The Good Spirit, at the LITO Retreat in Finnish Lapland.
I work with a handful of owners and founders at a time, people I can genuinely help, in businesses I understand from the inside. Send me a message, or let's grab a coffee.