Be there: Engaging with team during this stress period
Be there: Engaging with team during this stress period As founders wade through impact and uncertainty created by Covid-19, it is critical for them to engage deeply with their team. While as founders, you may be worried about business continuity, revisiting business model, redeploying capital/resources, rebaselining budget, your employees would also be under extreme stress. […]
David Vs Goliath- Open Banking be the Power to Drive Growth
How do small banks and FIs compete with not only bigger banks but also Big Techs like Google, Apple, Amazon getting into Financial Services? Or, How do Smaller Startup/ New Fintech/ Early stage start-up compete with not only established unicorns or soonicorns such as PhonePe, PayTM but also Big Techs? The answer lies somewhere with […]
Managing 4X growth phase: Avoiding the typical mistakes
Successful early-stage startups typically see massive growth in the initial stages as their products/services start getting accepted by the market. While the actual growth numbers may not be large, it is difficult to handle the growth with limited team size and capital. Here are my thoughts on what entrepreneurs should do to handle this growth: […]
Pivoting by Startups: Realizing what makes sense
I always looked at pivoting with some level of negativity. Basic thinking was that the founders would not have understood the market and after losing money, he / she may be trying out alternatives just to keep afloat. Reality Check: As founders, when we start our businesses, we do not know if the product market fit […]
Start-up journey : Few realizations
A) There is zero correlation between efforts and revenue in initial stages. Don’t fret over it. B) Mental fitness and resilience are key to success. Doing Yoga helps. C) Founders appear delusional at times to others. It takes time for others to understand them. Listen to others […]