'Every other month, we were going into bankruptcy': Mighty Jaxx founder opens up on designer toy company's challenging start

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Ever wondered what CEOs and founders are like? Are they all work and no play? Do they have a nurturing or intimidating personality? In Employee No. 1, catch a glimpse of what it is like being a homegrown boss under 50. Take an inside look into their day, how they run their successful companies, and learn what it takes to...

Ever wondered what CEOs and founders are like? Are they all work and no play? Do they have a nurturing or intimidating personality? In Employee No. 1, catch a glimpse of what it is like being a homegrown boss under 50. Take an inside look into their day, how they run their successful companies, and learn what it takes to be employee number one.

Starting from scratch in 2012, his company Mighty Jaxx quickly grew into a designer toy empire with devoted fans in over 90 countries and golden opportunities to work with renowned brands such as Warner Brothers and Netflix.Taking time off his packed schedule, the Forbes 30 Under 30 entrepreneur speaks to AsiaOne to give us an insider look behind the company's success.

Besides that, another defining trait of Jackson that has found its way to the company culture is his laziness. Besides providing the guiding principles for the designer toy company, Jackson also aims to promote better relationships among his staff which stretches beyond work matters. Upon his return to Singapore, he was just "full of excitement to create that collectible that is [his] own" and collaborated with local graffiti artist, and personal good friend, Clogtwo.from his family, Jackson produced 200 units of the figurine Hell Lotus which debuted at Singapore Comic Con back in 2012.

"Low points are part and parcel of [our] everyday journey, this is something a lot of business founders can relate to", Jackson insists.Aside from cash flow issues, Jackson also shares that Mighty Jaxx at the time was "more of a grassroots level sort of effort" than "an actual business".

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