1:27
Heat. Heat. Heat. [Music]
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Hello. Hello. Hello. Good
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morning. Hopefully you can hear me. You
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morning. Hopefully you can hear me. You
6:05
morning. Hopefully you can hear me. You can see me. Turn the light. Yeah.
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can see me. Turn the light. Yeah.
6:10
can see me. Turn the light. Yeah. Yeah. Hello
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Yeah. Hello everyone. Good morning. Let me move add
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everyone. Good morning. Let me move add
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everyone. Good morning. Let me move add this to my
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screen there. Can somebody
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there. Can somebody confirm that uh you can hear
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confirm that uh you can hear
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confirm that uh you can hear me guys? Can you hear me? Let's see
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me guys? Can you hear me? Let's see
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me guys? Can you hear me? Let's see comments. Yes, all
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good. All right. Good morning everybody.
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good. All right. Good morning everybody.
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good. All right. Good morning everybody. Sorry we're running a little late. few
6:37
Sorry we're running a little late. few
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Sorry we're running a little late. few minutes late. Um, it is uh my honor to
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minutes late. Um, it is uh my honor to
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minutes late. Um, it is uh my honor to speak before you
6:43
speak before you guys. Um, okay. And
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guys. Um, okay. And um, thank you for having
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um, thank you for having
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um, thank you for having us at your college for hackathons and
6:54
us at your college for hackathons and
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us at your college for hackathons and everything. Hope you guys can hear
6:57
everything. Hope you guys can hear
6:57
everything. Hope you guys can hear me. My name is Mahes Chan. I'm a founder
7:01
me. My name is Mahes Chan. I'm a founder
7:01
me. My name is Mahes Chan. I'm a founder of
7:02
of car.com also known as car partner and
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car.com also known as car partner and
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car.com also known as car partner and um today we are going to talk about
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um today we are going to talk about
7:10
um today we are going to talk about startups startups and carrier
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startups startups and carrier
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startups startups and carrier advice and my goal with this uh today's
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advice and my goal with this uh today's
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advice and my goal with this uh today's talk is uh not just to talk about it but
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talk is uh not just to talk about it but
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talk is uh not just to talk about it but also get questions from you guys to make
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also get questions from you guys to make
7:23
also get questions from you guys to make sure that everybody learns something
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sure that everybody learns something
7:26
sure that everybody learns something here. Um
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Um, can you get my phone right here? Let
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Um, can you get my phone right here? Let
7:35
Um, can you get my phone right here? Let me share my
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screen. And the topic today is secret of
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screen. And the topic today is secret of
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screen. And the topic today is secret of building a successful startup. Who is
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building a successful startup. Who is
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building a successful startup. Who is this for? It's for actually it's for
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this for? It's for actually it's for
7:48
this for? It's for actually it's for students or young entrepreneurs who are
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students or young entrepreneurs who are
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students or young entrepreneurs who are trying to build their startups. They're
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trying to build their startups. They're
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trying to build their startups. They're starting now. Um in this session today
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starting now. Um in this session today
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starting now. Um in this session today what I'm going to cover is that number
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what I'm going to cover is that number
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what I'm going to cover is that number one think about what startups are. Are
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one think about what startups are. Are
8:01
one think about what startups are. Are you ready for a startup? Then how do you
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you ready for a startup? Then how do you
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you ready for a startup? Then how do you validate your idea that this is a good
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validate your idea that this is a good
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validate your idea that this is a good idea or not? How do you protect your
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idea or not? How do you protect your
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idea or not? How do you protect your idea? Then you have you know how do you
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idea? Then you have you know how do you
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idea? Then you have you know how do you select the core team and then other
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select the core team and then other
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select the core team and then other topics around that and in the end we
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topics around that and in the end we
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topics around that and in the end we will also talk about the funding part
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will also talk about the funding part
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will also talk about the funding part but more than that I want to make sure
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but more than that I want to make sure
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but more than that I want to make sure that you anybody who's trying to start
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that you anybody who's trying to start
8:25
that you anybody who's trying to start their own startup or even try to join a
8:29
their own startup or even try to join a
8:29
their own startup or even try to join a startup make sure you have your
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startup make sure you have your
8:30
startup make sure you have your questions ready you have any questions
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questions ready you have any questions
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questions ready you have any questions from this session you have any questions
8:34
from this session you have any questions
8:34
from this session you have any questions about career advice like what are you
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about career advice like what are you
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about career advice like what are you going to do after you graduate what is
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going to do after you graduate what is
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going to do after you graduate what is the best way to do should I join a big
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the best way to do should I join a big
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the best way to do should I join a big corporation or should I join a startups
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corporation or should I join a startups
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corporation or should I join a startups any kind of questions you have have your
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any kind of questions you have have your
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any kind of questions you have have your questions ready
8:48
questions ready um a little bit about me my name is
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um a little bit about me my name is
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um a little bit about me my name is Mahes Chand I'm founder and CEO of
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Mahes Chand I'm founder and CEO of
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Mahes Chand I'm founder and CEO of Mindcreer C I started several startups
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Mindcreer C I started several startups
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Mindcreer C I started several startups in my life and many of them fail usually
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in my life and many of them fail usually
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in my life and many of them fail usually most of these startups fail but some are
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most of these startups fail but some are
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most of these startups fail but some are successful couple of them are I'm also a
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successful couple of them are I'm also a
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successful couple of them are I'm also a published author um these are some of my
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published author um these are some of my
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published author um these are some of my programming books. I'm a former
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programming books. I'm a former
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programming books. I'm a former Microsoft regional director, 14 times
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Microsoft regional director, 14 times
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Microsoft regional director, 14 times Microsoft MVP. Again, the goal for
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Microsoft MVP. Again, the goal for
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Microsoft MVP. Again, the goal for today's session is really talk
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today's session is really talk
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today's session is really talk one-on-one with you and get your
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one-on-one with you and get your
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one-on-one with you and get your questions answered. Any kind of
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questions answered. Any kind of
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questions answered. Any kind of questions you have about startups and
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questions you have about startups and
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questions you have about startups and career advice. So, let's get
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career advice. So, let's get
9:29
career advice. So, let's get started. These are some of the companies
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started. These are some of the companies
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started. These are some of the companies I've been involved with. There are
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I've been involved with. There are
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I've been involved with. There are mostly all of them are startups. During
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mostly all of them are startups. During
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mostly all of them are startups. During this talk I will also share that three
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this talk I will also share that three
9:39
this talk I will also share that three of my
9:40
of my companies they have been successful and
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companies they have been successful and
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companies they have been successful and how I started that why I started that
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how I started that why I started that
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how I started that why I started that and how they end up where they are
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and how they end up where they are
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and how they end up where they are today. So that's kind of I'll take a I
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today. So that's kind of I'll take a I
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today. So that's kind of I'll take a I will take a real
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will take a real example of these companies I have been
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example of these companies I have been
9:55
example of these companies I have been involved
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involved with. Please make sure you share,
10:00
with. Please make sure you share,
10:00
with. Please make sure you share, retweet, like LinkedIn post comments
10:03
retweet, like LinkedIn post comments
10:03
retweet, like LinkedIn post comments there. um we want to do is more more and
10:06
there. um we want to do is more more and
10:06
there. um we want to do is more more and more we want to expose this program more
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more we want to expose this program more
10:09
more we want to expose this program more and more people learn from it um and
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and more people learn from it um and
10:12
and more people learn from it um and it's beneficial to all so please use
10:15
it's beneficial to all so please use
10:15
it's beneficial to all so please use your phone use your apps like share
10:18
your phone use your apps like share
10:18
your phone use your apps like share retweet comment on it um all right so
10:21
retweet comment on it um all right so
10:21
retweet comment on it um all right so let's get started so when you think of a
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let's get started so when you think of a
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let's get started so when you think of a startup startup usually start with an
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startup startup usually start with an
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startup startup usually start with an idea and these are some of the examples
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idea and these are some of the examples
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idea and these are some of the examples if you look at the left there's three
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if you look at the left there's three
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if you look at the left there's three pictures here right one is coke
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pictures here right one is coke
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pictures here right one is coke Coca-Cola, second is Twitter and third
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Coca-Cola, second is Twitter and third
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Coca-Cola, second is Twitter and third one is Facebook. These are some of the
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one is Facebook. These are some of the
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one is Facebook. These are some of the bigger examples of startups and how they
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bigger examples of startups and how they
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bigger examples of startups and how they started. So John in the as you can see
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started. So John in the as you can see
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started. So John in the as you can see in this picture in
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in this picture in 1986, he was a war veteran. He came from
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1986, he was a war veteran. He came from
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1986, he was a war veteran. He came from a war. He was hurt. So he was always was
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a war. He was hurt. So he was always was
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a war. He was hurt. So he was always was on a medication. He was taking hook to
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on a medication. He was taking hook to
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on a medication. He was taking hook to make sure you know he was hurting a lot.
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make sure you know he was hurting a lot.
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make sure you know he was hurting a lot. There was a pain. So what he said he
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There was a pain. So what he said he
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There was a pain. So what he said he thought is he was drinking a lot of
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thought is he was drinking a lot of
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thought is he was drinking a lot of these sugary drinks. So he said he end
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these sugary drinks. So he said he end
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these sugary drinks. So he said he end up creating this drink with the Coke in
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up creating this drink with the Coke in
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up creating this drink with the Coke in it. So that will give him energy and
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it. So that will give him energy and
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it. So that will give him energy and also take the pain away. That's how Coke
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also take the pain away. That's how Coke
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also take the pain away. That's how Coke started with the problem right he was
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started with the problem right he was
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started with the problem right he was suffering. You look at the story of
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suffering. You look at the story of
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suffering. You look at the story of Twitter two guys two friends in college
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Twitter two guys two friends in college
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Twitter two guys two friends in college they said you know what if we build a
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they said you know what if we build a
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they said you know what if we build a simple application at that time text
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simple application at that time text
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simple application at that time text messaging was really costly. when
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messaging was really costly. when
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messaging was really costly. when Twitter started text messaging was
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Twitter started text messaging was
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Twitter started text messaging was costly. So they were figuring out how do
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costly. So they were figuring out how do
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costly. So they were figuring out how do you send messages back and forth to
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you send messages back and forth to
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you send messages back and forth to bunch of friends or like a small things.
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bunch of friends or like a small things.
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bunch of friends or like a small things. So that's how this Twitter
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So that's how this Twitter
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So that's how this Twitter [Music]
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started screen solving a simple problem.
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started screen solving a simple problem.
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started screen solving a simple problem. How do I send text message to my friend?
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How do I send text message to my friend?
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How do I send text message to my friend? That's kind of the the startup should
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That's kind of the the startup should
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That's kind of the the startup should think is what is the simplest problem
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think is what is the simplest problem
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think is what is the simplest problem you can solve.
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you can solve. Don't try to solve the you know world's
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Don't try to solve the you know world's
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Don't try to solve the you know world's problem in one go.
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problem in one go. Facebook. Everybody knows the story
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Facebook. Everybody knows the story
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Facebook. Everybody knows the story about Facebook. If you don't know, u
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about Facebook. If you don't know, u
12:06
about Facebook. If you don't know, u when Facebook these guys were in dorm
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when Facebook these guys were in dorm
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when Facebook these guys were in dorm rooms in college, they were trying to
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rooms in college, they were trying to
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rooms in college, they were trying to share pictures of these girls. So they
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share pictures of these girls. So they
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share pictures of these girls. So they can they put some girls on the pictures
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can they put some girls on the pictures
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can they put some girls on the pictures and say this art or is it not? That's
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and say this art or is it not? That's
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and say this art or is it not? That's the idea started. It sound like a creepy
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the idea started. It sound like a creepy
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the idea started. It sound like a creepy idea, but look at the Facebook today.
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idea, but look at the Facebook today.
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idea, but look at the Facebook today. Say it's a multi-billion dollar company
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Say it's a multi-billion dollar company
12:24
Say it's a multi-billion dollar company just from that little idea.
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don't understand a big
12:38
don't understand a big
12:38
don't understand a big idea. So now you have an idea to start
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idea. So now you have an idea to start
12:42
idea. So now you have an idea to start your own business. The next thing you
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your own business. The next thing you
12:44
your own business. The next thing you need to do is you need to do a
12:46
need to do is you need to do a
12:46
need to do is you need to do a comparative analysis. What does that
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comparative analysis. What does that
12:48
comparative analysis. What does that mean?
12:55
that let's say you came and I wrote an
12:58
that let's say you came and I wrote an
12:58
that let's say you came and I wrote an app already there that does the same
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app already there that does the same
13:01
app already there that does the same thing. How many apps are there? How good
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thing. How many apps are there? How good
13:03
thing. How many apps are there? How good are they? Are they already doing what
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are they? Are they already doing what
13:05
are they? Are they already doing what you're trying to do? Are they already
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you're trying to do? Are they already
13:08
you're trying to do? Are they already big companies? What you're trying to do?
13:10
big companies? What you're trying to do?
13:10
big companies? What you're trying to do? For example, one of my friend came to
13:12
For example, one of my friend came to
13:12
For example, one of my friend came to me. He had an idea um in in in
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me. He had an idea um in in in
13:17
me. He had an idea um in in in Philadelphia.
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Philadelphia. So his idea was
13:21
So his idea was that I want to build a device so you can
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that I want to build a device so you can
13:25
that I want to build a device so you can put in any club or a restaurant and it
13:30
put in any club or a restaurant and it
13:30
put in any club or a restaurant and it can play music
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can play music remotely by some
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remotely by some DJ. So once we start doing research we
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DJ. So once we start doing research we
13:37
DJ. So once we start doing research we find out there's already several
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find out there's already several
13:39
find out there's already several companies are doing that and some of
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companies are doing that and some of
13:41
companies are doing that and some of them are really making a lot of money.
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them are really making a lot of money.
13:44
them are really making a lot of money. So there you have the same idea where
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So there you have the same idea where
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So there you have the same idea where there's already bunch of companies are
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there's already bunch of companies are
13:48
there's already bunch of companies are doing it and they're already successful.
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doing it and they're already successful.
13:50
doing it and they're already successful. The chances are that you're going to
13:53
The chances are that you're going to
13:53
The chances are that you're going to have a lot of
13:54
have a lot of competition and that's not good for you
13:56
competition and that's not good for you
13:56
competition and that's not good for you because you're just starting. I have
13:58
because you're just starting. I have
13:58
because you're just starting. I have another example one of my friend he
14:00
another example one of my friend he
14:00
another example one of my friend he start an idea in AR VR. He started doing
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start an idea in AR VR. He started doing
14:03
start an idea in AR VR. He started doing this you know AR VR where you can live
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this you know AR VR where you can live
14:06
this you know AR VR where you can live stream and you can do
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stream and you can do
14:09
stream and you can do the hologram and all that. And then we
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the hologram and all that. And then we
14:12
the hologram and all that. And then we start doing research the Google is doing
14:14
start doing research the Google is doing
14:14
start doing research the Google is doing that, Microsoft is doing that, Facebook
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that, Microsoft is doing that, Facebook
14:16
that, Microsoft is doing that, Facebook is doing that. So when these big
14:18
is doing that. So when these big
14:18
is doing that. So when these big companies are doing same thing which
14:20
companies are doing same thing which
14:20
companies are doing same thing which you're trying to do, you are going to
14:22
you're trying to do, you are going to
14:22
you're trying to do, you are going to have very hard time. So that's what you
14:25
have very hard time. So that's what you
14:25
have very hard time. So that's what you have to think very you know carefully
14:27
have to think very you know carefully
14:27
have to think very you know carefully before you start on
14:29
before you start on your then once you have the idea you
14:31
your then once you have the idea you
14:32
your then once you have the idea you have already done the research that yes
14:33
have already done the research that yes
14:34
have already done the research that yes there's nobody out there doing it like
14:35
there's nobody out there doing it like
14:35
there's nobody out there doing it like what you're trying to do. The last thing
14:37
what you're trying to do. The last thing
14:37
what you're trying to do. The last thing is think about your solution. What is
14:40
is think about your solution. What is
14:40
is think about your solution. What is your solution? What is your product? Is
14:43
your solution? What is your product? Is
14:43
your solution? What is your product? Is it really good? Is it unique? Is nobody
14:45
it really good? Is it unique? Is nobody
14:45
it really good? Is it unique? Is nobody has that? Is there going to be easily
14:47
has that? Is there going to be easily
14:47
has that? Is there going to be easily copied? Can people copy this idea very
14:50
copied? Can people copy this idea very
14:50
copied? Can people copy this idea very easily? So that's kind of you have to
14:52
easily? So that's kind of you have to
14:52
easily? So that's kind of you have to think about
14:56
it. So hopefully you got the idea. First you
14:58
So hopefully you got the idea. First you
14:58
So hopefully you got the idea. First you have to have an idea. If you're trying
15:00
have to have an idea. If you're trying
15:00
have to have an idea. If you're trying to start a
15:02
to start a startup, make sure you do the
15:04
startup, make sure you do the
15:04
startup, make sure you do the comparative analysis and then you make
15:07
comparative analysis and then you make
15:07
comparative analysis and then you make sure that your solution is different and
15:09
sure that your solution is different and
15:09
sure that your solution is different and unique which is hard to copy. If you
15:12
unique which is hard to copy. If you
15:12
unique which is hard to copy. If you create a solution that anybody can copy,
15:15
create a solution that anybody can copy,
15:15
create a solution that anybody can copy, that's really hard to really survive in
15:18
that's really hard to really survive in
15:18
that's really hard to really survive in the competitive
15:21
market. Now you have done all those
15:24
market. Now you have done all those
15:24
market. Now you have done all those three things. The next step is you go
15:26
three things. The next step is you go
15:26
three things. The next step is you go you need to build an MVP most valuable
15:30
you need to build an MVP most valuable
15:30
you need to build an MVP most valuable minimum viable product not a most
15:32
minimum viable product not a most
15:32
minimum viable product not a most valuable professional that's our C#
15:35
valuable professional that's our C#
15:35
valuable professional that's our C# corner as MVP award but you have to now
15:38
corner as MVP award but you have to now
15:38
corner as MVP award but you have to now build a minimum viable product and what
15:41
build a minimum viable product and what
15:41
build a minimum viable product and what is a minimum viable product minimum
15:44
is a minimum viable product minimum
15:44
is a minimum viable product minimum viable product is something that works
15:47
viable product is something that works
15:48
viable product is something that works you can give it to some people a small
15:50
you can give it to some people a small
15:50
you can give it to some people a small group of people you can call them your
15:52
group of people you can call them your
15:52
group of people you can call them your beta testers or whoever they are and
15:55
beta testers or whoever they are and
15:55
beta testers or whoever they are and they can validate the idea that yes I
15:58
they can validate the idea that yes I
15:58
they can validate the idea that yes I like it I don't like it I think this
16:01
like it I don't like it I think this
16:01
like it I don't like it I think this will work and this is the very important
16:03
will work and this is the very important
16:03
will work and this is the very important part when you're starting a startup um
16:06
part when you're starting a startup um
16:06
part when you're starting a startup um and when you're building this MVP like
16:08
and when you're building this MVP like
16:08
and when you're building this MVP like you are in college right now you just
16:10
you are in college right now you just
16:10
you are in college right now you just came up with an idea for example I don't
16:12
came up with an idea for example I don't
16:12
came up with an idea for example I don't know you just came up idea with a crypto
16:14
know you just came up idea with a crypto
16:14
know you just came up idea with a crypto exchange you have to build this crypto
16:17
exchange you have to build this crypto
16:17
exchange you have to build this crypto exchange as a simplest way possible
16:21
exchange as a simplest way possible
16:21
exchange as a simplest way possible which is usable by other people. Now
16:25
which is usable by other people. Now
16:25
which is usable by other people. Now once you build this
16:27
once you build this MEP you have to test drive it. What does
16:29
MEP you have to test drive it. What does
16:29
MEP you have to test drive it. What does that mean? That means you have to give
16:31
that mean? That means you have to give
16:31
that mean? That means you have to give it to a small number of group small
16:34
it to a small number of group small
16:34
it to a small number of group small group of people. It could be 10, 20, 30,
16:37
group of people. It could be 10, 20, 30,
16:37
group of people. It could be 10, 20, 30, but make sure that those are your
16:39
but make sure that those are your
16:39
but make sure that those are your audience. Make sure that these people
16:42
audience. Make sure that these people
16:42
audience. Make sure that these people are your your end customers. So for
16:46
are your your end customers. So for
16:46
are your your end customers. So for example, if you are building something
16:48
example, if you are building something
16:48
example, if you are building something for students, you have to test with the
16:50
for students, you have to test with the
16:50
for students, you have to test with the students. If you are building something
16:52
students. If you are building something
16:52
students. If you are building something with crypto people, you have to test the
16:55
with crypto people, you have to test the
16:55
with crypto people, you have to test the crypto people. If you are building
16:57
crypto people. If you are building
16:57
crypto people. If you are building something for farmers, you have to test
16:59
something for farmers, you have to test
16:59
something for farmers, you have to test drive with farmers. You cannot just say,
17:01
drive with farmers. You cannot just say,
17:01
drive with farmers. You cannot just say, "Oh, I tested this. I like it. It works
17:04
"Oh, I tested this. I like it. It works
17:04
"Oh, I tested this. I like it. It works for me. Let's give it to farmers." No,
17:07
for me. Let's give it to farmers." No,
17:07
for me. Let's give it to farmers." No, this MVP has to be tested with the
17:11
this MVP has to be tested with the
17:11
this MVP has to be tested with the farmers who are going to be the end
17:13
farmers who are going to be the end
17:13
farmers who are going to be the end customers. So that's how you have to
17:15
customers. So that's how you have to
17:15
customers. So that's how you have to test drive
17:16
test drive it. So let's go back. You build an MVP,
17:21
it. So let's go back. You build an MVP,
17:21
it. So let's go back. You build an MVP, you test drive it, and then you get
17:23
you test drive it, and then you get
17:23
you test drive it, and then you get engaged. Once you test drive it, you
17:25
engaged. Once you test drive it, you
17:26
engaged. Once you test drive it, you kind of like it. You get their feedback.
17:28
kind of like it. You get their feedback.
17:28
kind of like it. You get their feedback. You fix those feedbacks, give it back to
17:30
You fix those feedbacks, give it back to
17:30
You fix those feedbacks, give it back to them with the feedback until they are
17:32
them with the feedback until they are
17:32
them with the feedback until they are happy. when because when you're giving
17:35
happy. when because when you're giving
17:35
happy. when because when you're giving your first MVP which is like unfinished
17:37
your first MVP which is like unfinished
17:37
your first MVP which is like unfinished product but
17:39
product but usable then you work with them you watch
17:42
usable then you work with them you watch
17:42
usable then you work with them you watch them you look at them what they're doing
17:44
them you look at them what they're doing
17:44
them you look at them what they're doing and you ask questions get the feedback
17:46
and you ask questions get the feedback
17:46
and you ask questions get the feedback fix the feedback give it back to them
17:48
fix the feedback give it back to them
17:48
fix the feedback give it back to them and see if they like it now you are kind
17:50
and see if they like it now you are kind
17:50
and see if they like it now you are kind of perfecting your MVP it may not be the
17:53
of perfecting your MVP it may not be the
17:53
of perfecting your MVP it may not be the final product but you are actually
17:56
final product but you are actually
17:56
final product but you are actually making sure that this product is is
17:58
making sure that this product is is
17:58
making sure that this product is is perfect give it to back to them and get
18:00
perfect give it to back to them and get
18:00
perfect give it to back to them and get their
18:03
feedback so Now you are really ready to go because
18:07
Now you are really ready to go because
18:07
Now you are really ready to go because now you have an MVP you should now take
18:09
now you have an MVP you should now take
18:10
now you have an MVP you should now take it to more people more before let's say
18:13
it to more people more before let's say
18:13
it to more people more before let's say in the beginning you started your MVP
18:15
in the beginning you started your MVP
18:15
in the beginning you started your MVP with 20 people now you can take it to a
18:17
with 20 people now you can take it to a
18:17
with 20 people now you can take it to a couple of hundred people and let them
18:19
couple of hundred people and let them
18:19
couple of hundred people and let them test drive it let them use it get their
18:21
test drive it let them use it get their
18:22
test drive it let them use it get their feedback so you as a founder or your
18:24
feedback so you as a founder or your
18:24
feedback so you as a founder or your team has to be really close with these
18:28
team has to be really close with these
18:28
team has to be really close with these um early adapters
18:32
um early adapters Okay. Now during this product
18:35
Okay. Now during this product
18:36
Okay. Now during this product development during this product
18:37
development during this product
18:37
development during this product development even MVP there is going to
18:40
development even MVP there is going to
18:40
development even MVP there is going to be a feedback where you may have to
18:43
be a feedback where you may have to
18:43
be a feedback where you may have to tweak things you may have to change
18:45
tweak things you may have to change
18:46
tweak things you may have to change things some things you have to put which
18:48
things some things you have to put which
18:48
things some things you have to put which you don't like something you have to
18:49
you don't like something you have to
18:49
you don't like something you have to remove which you don't like. So it's
18:52
remove which you don't like. So it's
18:52
remove which you don't like. So it's really not about you. While initially
18:55
really not about you. While initially
18:55
really not about you. While initially idea is from
18:57
idea is from you, it's your
18:59
you, it's your idea. But end of the day, it is the end
19:02
idea. But end of the day, it is the end
19:02
idea. But end of the day, it is the end customers who will decide if they want
19:04
customers who will decide if they want
19:04
customers who will decide if they want it or not. Okay? If they're asking for a
19:07
it or not. Okay? If they're asking for a
19:07
it or not. Okay? If they're asking for a change, you have to change because
19:09
change, you have to change because
19:09
change, you have to change because you're trying to sell them. End of the
19:11
you're trying to sell them. End of the
19:11
you're trying to sell them. End of the day, your goal is to make money. A
19:13
day, your goal is to make money. A
19:13
day, your goal is to make money. A business's goal is simple, to make money
19:15
business's goal is simple, to make money
19:15
business's goal is simple, to make money from end customers. If business doesn't
19:17
from end customers. If business doesn't
19:17
from end customers. If business doesn't make money, it will fail. Perfect
19:20
make money, it will fail. Perfect
19:20
make money, it will fail. Perfect example is Amazon. Do you guys know how
19:23
example is Amazon. Do you guys know how
19:23
example is Amazon. Do you guys know how Amazon makes their most money
19:25
Amazon makes their most money
19:25
Amazon makes their most money now? Anybody? Anybody want to answer
19:28
now? Anybody? Anybody want to answer
19:28
now? Anybody? Anybody want to answer that? How Amazon makes most money? They
19:31
that? How Amazon makes most money? They
19:32
that? How Amazon makes most money? They are in a cloud business, right? Amazon
19:34
are in a cloud business, right? Amazon
19:34
are in a cloud business, right? Amazon AWS is their biggest cloud. It's number
19:36
AWS is their biggest cloud. It's number
19:36
AWS is their biggest cloud. It's number one cloud in the world. But how did
19:39
one cloud in the world. But how did
19:39
one cloud in the world. But how did Amazon started? Anybody knows that? Some
19:41
Amazon started? Anybody knows that? Some
19:42
Amazon started? Anybody knows that? Some of you guys are young, you may not know
19:43
of you guys are young, you may not know
19:43
of you guys are young, you may not know that. But Amazon started selling old
19:47
that. But Amazon started selling old
19:47
that. But Amazon started selling old books online.
19:50
books online. They were one of the first company. They
19:52
They were one of the first company. They
19:52
They were one of the first company. They would take old books, put on a website,
19:55
would take old books, put on a website,
19:55
would take old books, put on a website, other people can buy these old books.
19:58
other people can buy these old books.
19:58
other people can buy these old books. That's how Amazon
20:00
That's how Amazon started. Can you imagine that? Now,
20:02
started. Can you imagine that? Now,
20:02
started. Can you imagine that? Now, nobody goes and buy old books there
20:04
nobody goes and buy old books there
20:05
nobody goes and buy old books there anymore. Amazon you're using to buy
20:07
anymore. Amazon you're using to buy
20:07
anymore. Amazon you're using to buy everything else there. You're buying new
20:09
everything else there. You're buying new
20:09
everything else there. You're buying new books, you're buying products, you're
20:11
books, you're buying products, you're
20:11
books, you're buying products, you're people are ordering cars on Amazon now.
20:14
people are ordering cars on Amazon now.
20:14
people are ordering cars on Amazon now. But besides that it makes lot more money
20:18
But besides that it makes lot more money
20:18
But besides that it makes lot more money from the cloud business which has
20:20
from the cloud business which has
20:20
from the cloud business which has nothing to do with the books. So that's
20:22
nothing to do with the books. So that's
20:22
nothing to do with the books. So that's what I meant by pivot open be open adapt
20:26
what I meant by pivot open be open adapt
20:26
what I meant by pivot open be open adapt and pivot means over the time you will
20:28
and pivot means over the time you will
20:28
and pivot means over the time you will learn from customers what they want you
20:30
learn from customers what they want you
20:30
learn from customers what they want you may come up with a better idea new ideas
20:33
may come up with a better idea new ideas
20:33
may come up with a better idea new ideas and you may have to pivot from your
20:34
and you may have to pivot from your
20:34
and you may have to pivot from your original idea. So some founders they are
20:37
original idea. So some founders they are
20:37
original idea. So some founders they are very stubborn they don't want to change
20:39
very stubborn they don't want to change
20:39
very stubborn they don't want to change they don't want to pivot and they fail
20:41
they don't want to pivot and they fail
20:41
they don't want to pivot and they fail and those companies shut down. Look at
20:44
and those companies shut down. Look at
20:44
and those companies shut down. Look at the lot of mobile companies right mobile
20:47
the lot of mobile companies right mobile
20:47
the lot of mobile companies right mobile companies like Blackberry all those
20:49
companies like Blackberry all those
20:49
companies like Blackberry all those companies they didn't want to adapt to
20:51
companies they didn't want to adapt to
20:51
companies they didn't want to adapt to the newer product when iPhone came they
20:54
the newer product when iPhone came they
20:54
the newer product when iPhone came they all now
20:55
all now die. So as a startup founder you'll have
20:59
die. So as a startup founder you'll have
20:59
die. So as a startup founder you'll have to be always open to this adapt and
21:02
to be always open to this adapt and
21:02
to be always open to this adapt and pivot.
21:05
So, so far we what we learned uh we tal
21:07
So, so far we what we learned uh we tal
21:07
So, so far we what we learned uh we tal we learned about okay so let's take a
21:10
we learned about okay so let's take a
21:10
we learned about okay so let's take a quickly recap here you have an idea you
21:13
quickly recap here you have an idea you
21:13
quickly recap here you have an idea you did a comparative analysis you said this
21:15
did a comparative analysis you said this
21:15
did a comparative analysis you said this is good to go you build you have an idea
21:17
is good to go you build you have an idea
21:17
is good to go you build you have an idea of the solution what you're trying to
21:19
of the solution what you're trying to
21:19
of the solution what you're trying to build here which is unique you built an
21:22
build here which is unique you built an
21:22
build here which is unique you built an M MVP you test drove it with your end
21:25
M MVP you test drove it with your end
21:25
M MVP you test drove it with your end customers you got engaged and you are
21:28
customers you got engaged and you are
21:28
customers you got engaged and you are now open to adapt and pivot and so on so
21:31
now open to adapt and pivot and so on so
21:31
now open to adapt and pivot and so on so forth so far so
21:35
Now let's think about a building as a
21:38
Now let's think about a building as a
21:38
Now let's think about a building as a team. Building a team is very important
21:40
team. Building a team is very important
21:40
team. Building a team is very important part for any
21:42
part for any startup and the data shows that a
21:45
startup and the data shows that a
21:45
startup and the data shows that a startup that has three founders, two or
21:47
startup that has three founders, two or
21:47
startup that has three founders, two or three founders or co-founders is the
21:49
three founders or co-founders is the
21:49
three founders or co-founders is the most successful and the reason for that
21:52
most successful and the reason for that
21:52
most successful and the reason for that is sometimes not only you get different
21:55
is sometimes not only you get different
21:55
is sometimes not only you get different ideas from different people but they
21:58
ideas from different people but they
21:58
ideas from different people but they have different skill sets. They also
22:01
have different skill sets. They also
22:01
have different skill sets. They also support each other when time is needed
22:03
support each other when time is needed
22:03
support each other when time is needed because startups is a journey. When you
22:05
because startups is a journey. When you
22:05
because startups is a journey. When you start a startup, it's a rough road. It's
22:07
start a startup, it's a rough road. It's
22:07
start a startup, it's a rough road. It's not easy drive. Okay? There's a lot of
22:10
not easy drive. Okay? There's a lot of
22:10
not easy drive. Okay? There's a lot of bumps in the in the on the way. So, you
22:12
bumps in the in the on the way. So, you
22:12
bumps in the in the on the way. So, you got sometimes you have hard time stay
22:15
got sometimes you have hard time stay
22:15
got sometimes you have hard time stay positive, stay motivated, run out of
22:17
positive, stay motivated, run out of
22:17
positive, stay motivated, run out of money. It happens all the time. So, it's
22:21
money. It happens all the time. So, it's
22:21
money. It happens all the time. So, it's important to have a good
22:23
important to have a good
22:23
important to have a good co-founders. And when I say co-founders,
22:27
co-founders. And when I say co-founders,
22:27
co-founders. And when I say co-founders, um it's similar to like getting married,
22:29
um it's similar to like getting married,
22:29
um it's similar to like getting married, right? when you get married, you have a
22:30
right? when you get married, you have a
22:30
right? when you get married, you have a wrong partner, your whole life will be
22:33
wrong partner, your whole life will be
22:33
wrong partner, your whole life will be ruined, right? The same same thing as
22:34
ruined, right? The same same thing as
22:34
ruined, right? The same same thing as the startups. Startups is if you don't
22:37
the startups. Startups is if you don't
22:37
the startups. Startups is if you don't have good co-founders and good team, it
22:39
have good co-founders and good team, it
22:40
have good co-founders and good team, it it affects everything. So, it's very
22:42
it affects everything. So, it's very
22:42
it affects everything. So, it's very important to find good co-founder. And
22:44
important to find good co-founder. And
22:44
important to find good co-founder. And the key is if there are two people or
22:47
the key is if there are two people or
22:47
the key is if there are two people or three people, try to find somebody who
22:50
three people, try to find somebody who
22:50
three people, try to find somebody who complement your skill set.
22:52
complement your skill set.
22:52
complement your skill set. So if you are a technical person, you
22:55
So if you are a technical person, you
22:55
So if you are a technical person, you probably need somebody who can send
22:57
probably need somebody who can send
22:57
probably need somebody who can send because those both things are needed. Um
23:00
because those both things are needed. Um
23:00
because those both things are needed. Um if there are two co-founders, they're
23:01
if there are two co-founders, they're
23:01
if there are two co-founders, they're both technical. It happens all the time.
23:03
both technical. It happens all the time.
23:04
both technical. It happens all the time. We are working in a room, we are both
23:05
We are working in a room, we are both
23:05
We are working in a room, we are both technical. If you want to add new team
23:07
technical. If you want to add new team
23:08
technical. If you want to add new team members, you want to try to get somebody
23:10
members, you want to try to get somebody
23:10
members, you want to try to get somebody from business background, somebody from
23:12
from business background, somebody from
23:12
from business background, somebody from sales and marketing background, somebody
23:15
sales and marketing background, somebody
23:15
sales and marketing background, somebody from finance background. Depending on
23:17
from finance background. Depending on
23:17
from finance background. Depending on the business in the startup, you try to
23:19
the business in the startup, you try to
23:20
the business in the startup, you try to complement the skill sets you don't
23:23
complement the skill sets you don't
23:23
complement the skill sets you don't have. So that's the co-founders and
23:25
have. So that's the co-founders and
23:25
have. So that's the co-founders and team. Now advisors are very important
23:28
team. Now advisors are very important
23:28
team. Now advisors are very important for a startup. advice. If you are a
23:31
for a startup. advice. If you are a
23:31
for a startup. advice. If you are a young young student or young
23:33
young young student or young
23:33
young young student or young founder and you don't have
23:37
founder and you don't have
23:37
founder and you don't have advisors, you will run into a lot of
23:39
advisors, you will run into a lot of
23:39
advisors, you will run into a lot of problems especially when raising
23:42
problems especially when raising
23:42
problems especially when raising funds. And if you have good advisors who
23:45
funds. And if you have good advisors who
23:45
funds. And if you have good advisors who are already proven, they are expert,
23:47
are already proven, they are expert,
23:47
are already proven, they are expert, they are experienced, they have
23:49
they are experienced, they have
23:49
they are experienced, they have relationship, they have connections.
23:51
relationship, they have connections.
23:51
relationship, they have connections. Then anybody comes in especially
23:54
Then anybody comes in especially
23:54
Then anybody comes in especially investor they see oh you have this
23:55
investor they see oh you have this
23:55
investor they see oh you have this advisor. Let's say you get advisor who's
23:58
advisor. Let's say you get advisor who's
23:58
advisor. Let's say you get advisor who's really successful. Say Elon Musk for
24:01
really successful. Say Elon Musk for
24:01
really successful. Say Elon Musk for example is advisor on a company they
24:03
example is advisor on a company they
24:03
example is advisor on a company they he'll get easily funding without just
24:05
he'll get easily funding without just
24:05
he'll get easily funding without just because Elon Musk is advisor on the
24:08
because Elon Musk is advisor on the
24:08
because Elon Musk is advisor on the company that's just an example it
24:10
company that's just an example it
24:10
company that's just an example it doesn't mean that everybody gets Elon
24:12
doesn't mean that everybody gets Elon
24:12
doesn't mean that everybody gets Elon Musk but if you get somebody who has
24:14
Musk but if you get somebody who has
24:14
Musk but if you get somebody who has already done that for example if you are
24:17
already done that for example if you are
24:17
already done that for example if you are your startup since let's say
24:19
your startup since let's say
24:19
your startup since let's say farming if you have somebody minister of
24:21
farming if you have somebody minister of
24:21
farming if you have somebody minister of farming now everybody knows that it's
24:24
farming now everybody knows that it's
24:24
farming now everybody knows that it's easy to get to the next stage which is
24:26
easy to get to the next stage which is
24:26
easy to get to the next stage which is funding and so on so and Then later
24:29
funding and so on so and Then later
24:29
funding and so on so and Then later thing one more thing comes is that the
24:31
thing one more thing comes is that the
24:31
thing one more thing comes is that the bro the board board will be needed later
24:34
bro the board board will be needed later
24:34
bro the board board will be needed later that's not something you need to worry
24:35
that's not something you need to worry
24:35
that's not something you need to worry about right now but these are the four
24:37
about right now but these are the four
24:37
about right now but these are the four core components of building a team you
24:40
core components of building a team you
24:40
core components of building a team you need co-founders advisors the core team
24:43
need co-founders advisors the core team
24:43
need co-founders advisors the core team the board the core team is very
24:45
the board the core team is very
24:45
the board the core team is very important core team is the people you
24:47
important core team is the people you
24:47
important core team is the people you want in the company who believes in your
24:50
want in the company who believes in your
24:50
want in the company who believes in your idea otherwise you're going to have a
24:52
idea otherwise you're going to have a
24:52
idea otherwise you're going to have a hard time to motivate them to
24:55
hard time to motivate them to
24:55
hard time to motivate them to incentivize them to keep them moving um
24:58
incentivize them to keep them moving um
24:58
incentivize them to keep them moving um building the product and and launching
25:00
building the product and and launching
25:00
building the product and and launching it. So that's the theme. How do you
25:04
it. So that's the theme. How do you
25:04
it. So that's the theme. How do you build the team? Again, keep your
25:05
build the team? Again, keep your
25:05
build the team? Again, keep your questions ready. I'm just going through
25:07
questions ready. I'm just going through
25:07
questions ready. I'm just going through some of the points I had I should talk
25:10
some of the points I had I should talk
25:10
some of the points I had I should talk about. I know you may have more
25:11
about. I know you may have more
25:11
about. I know you may have more questions about any of these topics. So
25:14
questions about any of these topics. So
25:14
questions about any of these topics. So have your questions ready. In the end,
25:16
have your questions ready. In the end,
25:16
have your questions ready. In the end, I'm going to take your questions. And
25:19
I'm going to take your questions. And
25:19
I'm going to take your questions. And trust me, we have a lot of time. We have
25:20
trust me, we have a lot of time. We have
25:20
trust me, we have a lot of time. We have one hour. So it's we are only 20 minutes
25:23
one hour. So it's we are only 20 minutes
25:23
one hour. So it's we are only 20 minutes in the in the session. Um so we'll take
25:25
in the in the session. Um so we'll take
25:25
in the in the session. Um so we'll take all your questions as many possible.
25:29
all your questions as many possible.
25:29
all your questions as many possible. So get funding. This is so in my
25:32
So get funding. This is so in my
25:32
So get funding. This is so in my experience what I found is the most
25:36
experience what I found is the most
25:36
experience what I found is the most complicated and hardest part in a
25:37
complicated and hardest part in a
25:38
complicated and hardest part in a startup is that getting funded from
25:40
startup is that getting funded from
25:40
startup is that getting funded from outside. So how most most start most
25:44
outside. So how most most start most
25:44
outside. So how most most start most startups start is initially they use
25:46
startups start is initially they use
25:46
startups start is initially they use their own personal money. Sometimes you
25:49
their own personal money. Sometimes you
25:49
their own personal money. Sometimes you don't really need money because you're
25:50
don't really need money because you're
25:50
don't really need money because you're building MEP. So you just build your
25:53
building MEP. So you just build your
25:53
building MEP. So you just build your sweat equity sweat equities yourself.
25:55
sweat equity sweat equities yourself.
25:55
sweat equity sweat equities yourself. You're just building yourself. Then you
25:57
You're just building yourself. Then you
25:58
You're just building yourself. Then you build an MVP. Now you need a little bit
25:59
build an MVP. Now you need a little bit
25:59
build an MVP. Now you need a little bit money. The easiest way is to go to
26:01
money. The easiest way is to go to
26:02
money. The easiest way is to go to friends and
26:03
friends and family. Now not everybody has friends
26:06
family. Now not everybody has friends
26:06
family. Now not everybody has friends and family. They have money. So this
26:10
and family. They have money. So this
26:10
and family. They have money. So this could be somebody who's extended like
26:12
could be somebody who's extended like
26:12
could be somebody who's extended like your uncle or somebody who believes in
26:14
your uncle or somebody who believes in
26:14
your uncle or somebody who believes in it or you met somebody. Um one thing I
26:17
it or you met somebody. Um one thing I
26:17
it or you met somebody. Um one thing I would recommend everybody is if you are
26:18
would recommend everybody is if you are
26:18
would recommend everybody is if you are trying to build your startup and you are
26:20
trying to build your startup and you are
26:20
trying to build your startup and you are going into this into this
26:25
going into this into this
26:25
going into this into this um path onto this path where you say I'm
26:27
um path onto this path where you say I'm
26:27
um path onto this path where you say I'm going to do my startups the best advice
26:29
going to do my startups the best advice
26:29
going to do my startups the best advice I can give you is that build your
26:31
I can give you is that build your
26:31
I can give you is that build your network build a strong network go meet
26:35
network build a strong network go meet
26:35
network build a strong network go meet people who are in startups go if there's
26:38
people who are in startups go if there's
26:38
people who are in startups go if there's startup events happening in your city
26:39
startup events happening in your city
26:40
startup events happening in your city there's something online connect with
26:41
there's something online connect with
26:42
there's something online connect with people on LinkedIn you have to find
26:44
people on LinkedIn you have to find
26:44
people on LinkedIn you have to find people and start connecting because
26:45
people and start connecting because
26:45
people and start connecting because that's that's the way you get most help.
26:49
that's that's the way you get most help.
26:49
that's that's the way you get most help. So get how do you get funded? Number
26:51
So get how do you get funded? Number
26:51
So get how do you get funded? Number one, personal savings. If you have your
26:53
one, personal savings. If you have your
26:53
one, personal savings. If you have your own money, use that friends and family
26:55
own money, use that friends and family
26:55
own money, use that friends and family money. Then after that it comes angel
26:58
money. Then after that it comes angel
26:58
money. Then after that it comes angel investors. Angel investors are investors
27:00
investors. Angel investors are investors
27:00
investors. Angel investors are investors who spend smaller amount of money in
27:03
who spend smaller amount of money in
27:03
who spend smaller amount of money in very early stage companies when you just
27:05
very early stage companies when you just
27:05
very early stage companies when you just launch an MVP or you just starting
27:08
launch an MVP or you just starting
27:08
launch an MVP or you just starting sometimes you didn't even launch an MVP
27:10
sometimes you didn't even launch an MVP
27:10
sometimes you didn't even launch an MVP but these days most of the investors
27:12
but these days most of the investors
27:12
but these days most of the investors what they look for is at least you have
27:14
what they look for is at least you have
27:14
what they look for is at least you have an MVP you have some people are using it
27:17
an MVP you have some people are using it
27:17
an MVP you have some people are using it it's kind of
27:18
it's kind of working and then it's a VCs venture
27:21
working and then it's a VCs venture
27:21
working and then it's a VCs venture capitalist the these are the when you
27:23
capitalist the these are the when you
27:23
capitalist the these are the when you this comes after a couple of years when
27:25
this comes after a couple of years when
27:25
this comes after a couple of years when startup is successful your product is
27:27
startup is successful your product is
27:27
startup is successful your product is you're making money and you need lot
27:29
you're making money and you need lot
27:29
you're making money and you need lot more money then they come in at the end
27:31
more money then they come in at the end
27:31
more money then they come in at the end of the day you can do IPO and so on so
27:35
of the day you can do IPO and so on so
27:35
of the day you can do IPO and so on so forth so now once you have the money
27:39
forth so now once you have the money
27:39
forth so now once you have the money your goal is to finish the product and
27:41
your goal is to finish the product and
27:41
your goal is to finish the product and finish the product launch in a big time
27:43
finish the product launch in a big time
27:44
finish the product launch in a big time so after you launch the product
27:46
so after you launch the product
27:46
so after you launch the product obviously you need marketing you need to
27:49
obviously you need marketing you need to
27:49
obviously you need marketing you need to hire marketing you need PR all those
27:52
hire marketing you need PR all those
27:52
hire marketing you need PR all those things come after that so I'm not
27:54
things come after that so I'm not
27:54
things come after that so I'm not worried about this right now for you
27:55
worried about this right now for you
27:55
worried about this right now for you guys since you're all students and young
27:58
guys since you're all students and young
27:58
guys since you're all students and young the young young
27:59
the young young entrepreneurs. Uh so I am now going to
28:02
entrepreneurs. Uh so I am now going to
28:02
entrepreneurs. Uh so I am now going to do is open this this session for Q&A.
28:05
do is open this this session for Q&A.
28:05
do is open this this session for Q&A. Again this Q&A is about anything
28:09
Again this Q&A is about anything
28:09
Again this Q&A is about anything startups it can be your career advice.
28:12
startups it can be your career advice.
28:12
startups it can be your career advice. It can be anything you want to ask but
28:15
It can be anything you want to ask but
28:15
It can be anything you want to ask but before
28:16
before Q&A I'm going to share three of my
28:19
Q&A I'm going to share three of my
28:19
Q&A I'm going to share three of my companies I started and how I started
28:23
companies I started and how I started
28:23
companies I started and how I started how it works. So I'll share bunch of my
28:25
how it works. So I'll share bunch of my
28:25
how it works. So I'll share bunch of my stories.
28:27
stories. So first thing let's start with Simon I
28:30
So first thing let's start with Simon I
28:30
So first thing let's start with Simon I I want you to share the screen uh here.
28:34
I want you to share the screen uh here.
28:34
I want you to share the screen uh here. So first I'm going to start with
28:37
So first I'm going to start with
28:37
So first I'm going to start with Corner and uh I'll tell you why and how
28:40
Corner and uh I'll tell you why and how
28:40
Corner and uh I'll tell you why and how I started that. So C#
28:44
I started that. So C#
28:44
I started that. So C# Corner is a community and I'll Simon Can
28:48
Corner is a community and I'll Simon Can
28:48
Corner is a community and I'll Simon Can you start the screen
28:54
here? Where did you go?
28:57
here? Where did you go?
28:57
here? Where did you go? So I can share too, right?
29:07
Oh, right. Let me load this. Uh if you
29:10
Oh, right. Let me load this. Uh if you
29:10
Oh, right. Let me load this. Uh if you guys
29:11
guys weren't able to. Okay. Video, image,
29:14
weren't able to. Okay. Video, image,
29:14
weren't able to. Okay. Video, image, share screen. Yes.
29:20
Okay. All right. So, I'll screen this.
29:22
Okay. All right. So, I'll screen this.
29:22
Okay. All right. So, I'll screen this. I'll share my whole screen. Let's do
29:31
this. Share screen again. Hold
29:45
Okay. So here here we go. Right. So I
29:47
Okay. So here here we go. Right. So I
29:47
Okay. So here here we go. Right. So I will share this
29:53
now. So this is a website called
29:57
now. So this is a website called
29:57
now. So this is a website called Corner. C.com is the URL. Now it's a
30:02
Corner. C.com is the URL. Now it's a
30:02
Corner. C.com is the URL. Now it's a C#.com. How did I started? So when I was
30:06
C#.com. How did I started? So when I was
30:06
C#.com. How did I started? So when I was growing up, I was like in college like
30:09
growing up, I was like in college like
30:09
growing up, I was like in college like you guys are. I graduated
30:12
you guys are. I graduated
30:12
you guys are. I graduated from India obviously and I went to
30:16
from India obviously and I went to
30:16
from India obviously and I went to US. But when I was in India, I always
30:20
US. But when I was in India, I always
30:20
US. But when I was in India, I always thought is what if there's a place where
30:22
thought is what if there's a place where
30:22
thought is what if there's a place where we can learn programming for free. We
30:24
we can learn programming for free. We
30:24
we can learn programming for free. We can connect with other people, ask
30:26
can connect with other people, ask
30:26
can connect with other people, ask questions and network and you know
30:29
questions and network and you know
30:29
questions and network and you know somebody's experience. They can share
30:31
somebody's experience. They can share
30:31
somebody's experience. They can share their their advice there. we can meet in
30:34
their their advice there. we can meet in
30:34
their their advice there. we can meet in person and so on and so forth.
30:37
person and so on and so forth.
30:37
person and so on and so forth. So that's this website started in 1999.
30:41
So that's this website started in 1999.
30:41
So that's this website started in 1999. I'm sure a lot of you guys weren't even
30:42
I'm sure a lot of you guys weren't even
30:42
I'm sure a lot of you guys weren't even bored at that time most of you guys. So
30:45
bored at that time most of you guys. So
30:45
bored at that time most of you guys. So 99 I started the website. The idea was
30:48
99 I started the website. The idea was
30:48
99 I started the website. The idea was any programming I was learning at that
30:50
any programming I was learning at that
30:50
any programming I was learning at that time I was sharing online so other
30:52
time I was sharing online so other
30:52
time I was sharing online so other people can learn from that. So that's
30:55
people can learn from that. So that's
30:55
people can learn from that. So that's how the idea came to me and I didn't
30:56
how the idea came to me and I didn't
30:56
how the idea came to me and I didn't think of that it will become a big
30:58
think of that it will become a big
30:58
think of that it will become a big website it will become a big community
31:01
website it will become a big community
31:01
website it will become a big community it will have millions of users. I didn't
31:03
it will have millions of users. I didn't
31:03
it will have millions of users. I didn't even think at that time. It was a simple
31:05
even think at that time. It was a simple
31:05
even think at that time. It was a simple idea. What was the idea? The idea was
31:08
idea. What was the idea? The idea was
31:08
idea. What was the idea? The idea was that I want to build a website or a
31:11
that I want to build a website or a
31:11
that I want to build a website or a place where people can just whatever
31:13
place where people can just whatever
31:13
place where people can just whatever cool new things they're building,
31:15
cool new things they're building,
31:15
cool new things they're building, they're learning, they can
31:16
they're learning, they can
31:16
they're learning, they can share. Okay. So then when I started
31:20
share. Okay. So then when I started
31:20
share. Okay. So then when I started this, a lot of people start learning
31:22
this, a lot of people start learning
31:22
this, a lot of people start learning from it. When they start learning from
31:24
from it. When they start learning from
31:24
from it. When they start learning from it, there was no back in 99 2000 2001
31:29
it, there was no back in 99 2000 2001
31:29
it, there was no back in 99 2000 2001 this was just a simple static website.
31:32
this was just a simple static website.
31:32
this was just a simple static website. There was no submission. There was no
31:34
There was no submission. There was no
31:34
There was no submission. There was no database. There was nothing like
31:36
database. There was nothing like
31:36
database. There was nothing like that. So after that people start
31:39
that. So after that people start
31:39
that. So after that people start learning from this and they start
31:40
learning from this and they start
31:40
learning from this and they start sending me emails say hey I learned from
31:43
sending me emails say hey I learned from
31:43
sending me emails say hey I learned from your website. Can I share my ideas? Then
31:46
your website. Can I share my ideas? Then
31:46
your website. Can I share my ideas? Then I said yes send me your send me what you
31:49
I said yes send me your send me what you
31:49
I said yes send me your send me what you want me to publish. So these guys will
31:50
want me to publish. So these guys will
31:50
want me to publish. So these guys will send me the text documents the HTML and
31:54
send me the text documents the HTML and
31:54
send me the text documents the HTML and I would manually go and publish on this
31:56
I would manually go and publish on this
31:56
I would manually go and publish on this website. So I was working at you know in
31:59
website. So I was working at you know in
31:59
website. So I was working at you know in a job and then I was also publishing
32:01
a job and then I was also publishing
32:01
a job and then I was also publishing this at night. So more and more people
32:03
this at night. So more and more people
32:03
this at night. So more and more people start publishing on this. Then Google
32:07
start publishing on this. Then Google
32:07
start publishing on this. Then Google picked it up. We start coming in Google
32:09
picked it up. We start coming in Google
32:09
picked it up. We start coming in Google searches a lot. Google wasn't new at
32:11
searches a lot. Google wasn't new at
32:11
searches a lot. Google wasn't new at that time. It was almost launching it.
32:13
that time. It was almost launching it.
32:13
that time. It was almost launching it. No nobody knew Google but some
32:15
No nobody knew Google but some
32:15
No nobody knew Google but some programmers knew that. So Google is
32:17
programmers knew that. So Google is
32:17
programmers knew that. So Google is start coming more in Google. Then more
32:19
start coming more in Google. Then more
32:20
start coming more in Google. Then more later people start coming they ask can
32:21
later people start coming they ask can
32:22
later people start coming they ask can we start question answer on this? I have
32:24
we start question answer on this? I have
32:24
we start question answer on this? I have a question about can we do that? So we
32:26
a question about can we do that? So we
32:26
a question about can we do that? So we launch a forums on it. Then somebody
32:28
launch a forums on it. Then somebody
32:28
launch a forums on it. Then somebody says oh what about some you know I want
32:31
says oh what about some you know I want
32:31
says oh what about some you know I want to write a tutorial I want to write an
32:33
to write a tutorial I want to write an
32:33
to write a tutorial I want to write an ebooks over the time over the years we
32:36
ebooks over the time over the years we
32:36
ebooks over the time over the years we keep innovating it and now this is a
32:38
keep innovating it and now this is a
32:38
keep innovating it and now this is a full-fledged community here you can
32:41
full-fledged community here you can
32:41
full-fledged community here you can learn you can learn if you are a student
32:43
learn you can learn if you are a student
32:43
learn you can learn if you are a student you can learn react here there's a learn
32:45
you can learn react here there's a learn
32:45
you can learn react here there's a learn section you can go learn react you can
32:47
section you can go learn react you can
32:47
section you can go learn react you can see you can see all the latest news on
32:49
see you can see all the latest news on
32:49
see you can see all the latest news on tech so you see the top stories right
32:51
tech so you see the top stories right
32:51
tech so you see the top stories right here you can see everyday latest news on
32:54
here you can see everyday latest news on
32:54
here you can see everyday latest news on tech you can see videos in all the
32:57
tech you can see videos in all the
32:57
tech you can see videos in all the growth programs we are running like this
32:59
growth programs we are running like this
32:59
growth programs we are running like this this episode we are doing this will be
33:01
this episode we are doing this will be
33:01
this episode we are doing this will be recorded and launched here in the videos
33:03
recorded and launched here in the videos
33:03
recorded and launched here in the videos we also have a growth options where you
33:05
we also have a growth options where you
33:06
we also have a growth options where you can take certifications you can take
33:07
can take certifications you can take
33:08
can take certifications you can take challenges quizzes right in the right
33:10
challenges quizzes right in the right
33:10
challenges quizzes right in the right side you can see there's a leaderboard
33:12
side you can see there's a leaderboard
33:12
side you can see there's a leaderboard there's yesterday's leaders so now you
33:15
there's yesterday's leaders so now you
33:15
there's yesterday's leaders so now you can also see lot of people are
33:17
can also see lot of people are
33:17
can also see lot of people are publishing articles they are asking
33:20
publishing articles they are asking
33:20
publishing articles they are asking questions on the there's news posts now
33:23
questions on the there's news posts now
33:23
questions on the there's news posts now it's a full-fledged
33:25
it's a full-fledged community It took us 25 years to reach
33:28
community It took us 25 years to reach
33:28
community It took us 25 years to reach to this stage but we have been about
33:31
to this stage but we have been about
33:31
to this stage but we have been about give you I'll tell you a story when I
33:33
give you I'll tell you a story when I
33:33
give you I'll tell you a story when I started this website after that or same
33:36
started this website after that or same
33:36
started this website after that or same time there were many website started
33:38
time there were many website started
33:38
time there were many website started similar to this but they almost failed
33:42
similar to this but they almost failed
33:42
similar to this but they almost failed why because they couldn't innovate they
33:44
why because they couldn't innovate they
33:44
why because they couldn't innovate they couldn't adapt they just kept the
33:46
couldn't adapt they just kept the
33:46
couldn't adapt they just kept the website similar and they all disappeared
33:49
website similar and they all disappeared
33:49
website similar and they all disappeared most of them few of them became really
33:51
most of them few of them became really
33:51
most of them few of them became really successful like for example LinkedIn
33:53
successful like for example LinkedIn
33:53
successful like for example LinkedIn started after us stack overflow started
33:56
started after us stack overflow started
33:56
started after us stack overflow started after us. GitHub started after us. They
33:59
after us. GitHub started after us. They
33:59
after us. GitHub started after us. They all became very successful.
34:02
all became very successful.
34:02
all became very successful. However,
34:04
However, our now what we are doing in this this
34:07
our now what we are doing in this this
34:07
our now what we are doing in this this platform, this website now is we are now
34:09
platform, this website now is we are now
34:10
platform, this website now is we are now gamifying it. What does that mean? It
34:12
gamifying it. What does that mean? It
34:12
gamifying it. What does that mean? It means more things you do do here, you're
34:14
means more things you do do here, you're
34:14
means more things you do do here, you're going to start earning points, earning
34:16
going to start earning points, earning
34:16
going to start earning points, earning tokens. So, we are gamifying the whole
34:18
tokens. So, we are gamifying the whole
34:18
tokens. So, we are gamifying the whole learning. So, there's something called
34:20
learning. So, there's something called
34:20
learning. So, there's something called learn to earn. So now when you are going
34:23
learn to earn. So now when you are going
34:23
learn to earn. So now when you are going to learn something here, you're going to
34:25
to learn something here, you're going to
34:25
to learn something here, you're going to get points. Points can be converted to
34:27
get points. Points can be converted to
34:27
get points. Points can be converted to certain rewards. So this is kind of how
34:30
certain rewards. So this is kind of how
34:30
certain rewards. So this is kind of how I started and now we have millions of
34:33
I started and now we have millions of
34:33
I started and now we have millions of users on this website. We have three
34:35
users on this website. We have three
34:35
users on this website. We have three plus million register members and we
34:37
plus million register members and we
34:37
plus million register members and we have 20 plus million or more visit this
34:41
have 20 plus million or more visit this
34:41
have 20 plus million or more visit this website every year. So this was one idea
34:44
website every year. So this was one idea
34:44
website every year. So this was one idea that this kind of startup became this
34:47
that this kind of startup became this
34:47
that this kind of startup became this big community.
34:50
big community. Hope you're learning something. Keep
34:51
Hope you're learning something. Keep
34:51
Hope you're learning something. Keep your questions coming. Now I'll tell
34:53
your questions coming. Now I'll tell
34:53
your questions coming. Now I'll tell I'll share one more one more idea. Let
34:56
I'll share one more one more idea. Let
34:56
I'll share one more one more idea. Let me open one more
35:02
website. So this is another startup.
35:04
website. So this is another startup.
35:04
website. So this is another startup. It's called Sharp Economy.
35:07
It's called Sharp Economy.
35:07
It's called Sharp Economy. Um so I don't know how many of you are
35:10
Um so I don't know how many of you are
35:10
Um so I don't know how many of you are familiar with cryptocurrencies,
35:12
familiar with cryptocurrencies,
35:12
familiar with cryptocurrencies, tokenization, NFTs, all that. So I've
35:15
tokenization, NFTs, all that. So I've
35:15
tokenization, NFTs, all that. So I've been involved in crypto and blockchain
35:17
been involved in crypto and blockchain
35:17
been involved in crypto and blockchain for a long time. blockchain AI. So what
35:21
for a long time. blockchain AI. So what
35:21
for a long time. blockchain AI. So what we are doing here with sharp economy is
35:23
we are doing here with sharp economy is
35:24
we are doing here with sharp economy is we are launching a we have already
35:26
we are launching a we have already
35:26
we are launching a we have already launched a cryptocurrency called sharp
35:28
launched a cryptocurrency called sharp
35:28
launched a cryptocurrency called sharp token. It's already traded on exchanges
35:31
token. It's already traded on exchanges
35:31
token. It's already traded on exchanges and the reason we launch it it's called
35:33
and the reason we launch it it's called
35:33
and the reason we launch it it's called it's a economy where you can earn this
35:35
it's a economy where you can earn this
35:35
it's a economy where you can earn this token by learning in your growth. So if
35:39
token by learning in your growth. So if
35:39
token by learning in your growth. So if you're learning something you can earn
35:40
you're learning something you can earn
35:40
you're learning something you can earn this token. If you are getting
35:43
this token. If you are getting
35:43
this token. If you are getting certified, if you are taking exam, if
35:46
certified, if you are taking exam, if
35:46
certified, if you are taking exam, if you are speaking, you're becoming a
35:47
you are speaking, you're becoming a
35:47
you are speaking, you're becoming a leader, you're downloading ebook, then
35:49
leader, you're downloading ebook, then
35:50
leader, you're downloading ebook, then why are we doing this? Now you will say
35:52
why are we doing this? Now you will say
35:52
why are we doing this? Now you will say why are we doing this? So in my life
35:55
why are we doing this? So in my life
35:55
why are we doing this? So in my life what I've learned is in IT most of you
35:57
what I've learned is in IT most of you
35:57
what I've learned is in IT most of you guys are software guys pro programmers
36:00
guys are software guys pro programmers
36:00
guys are software guys pro programmers in
36:01
in IT that a lot of people once they get a
36:03
IT that a lot of people once they get a
36:03
IT that a lot of people once they get a good job they stop
36:05
good job they stop learning and what happens they stop
36:07
learning and what happens they stop
36:07
learning and what happens they stop learning and then when they leave or
36:10
learning and then when they leave or
36:10
learning and then when they leave or they get fired they don't have jobs
36:12
they get fired they don't have jobs
36:12
they get fired they don't have jobs lined up and then they start preparing
36:14
lined up and then they start preparing
36:14
lined up and then they start preparing for the interviews and so on so forth.
36:16
for the interviews and so on so forth.
36:16
for the interviews and so on so forth. So what our idea was what if we can
36:20
So what our idea was what if we can
36:20
So what our idea was what if we can incentivize you what we can motivate you
36:23
incentivize you what we can motivate you
36:23
incentivize you what we can motivate you to learn while you are already at work
36:26
to learn while you are already at work
36:26
to learn while you are already at work and you're learning these things out of
36:28
and you're learning these things out of
36:28
and you're learning these things out of cell and you're updating yourselves. So
36:31
cell and you're updating yourselves. So
36:31
cell and you're updating yourselves. So these are the some of the ideas um
36:34
these are the some of the ideas um
36:34
these are the some of the ideas um that's how an idea could become a
36:37
that's how an idea could become a
36:37
that's how an idea could become a full-fledged company. You take the idea
36:40
full-fledged company. You take the idea
36:40
full-fledged company. You take the idea and you see that oh is there really use
36:42
and you see that oh is there really use
36:42
and you see that oh is there really use case of this? Are people are going to
36:44
case of this? Are people are going to
36:44
case of this? Are people are going to use it? Can I go and raise money for it?
36:46
use it? Can I go and raise money for it?
36:46
use it? Can I go and raise money for it? How do I build a team? How do I market
36:48
How do I build a team? How do I market
36:48
How do I build a team? How do I market that? So, check out this two and learn
36:51
that? So, check out this two and learn
36:51
that? So, check out this two and learn more. See how these startups are built
36:54
more. See how these startups are built
36:54
more. See how these startups are built um cop.com in this shop economy. With
36:58
um cop.com in this shop economy. With
36:58
um cop.com in this shop economy. With that said, what I will do is
37:00
that said, what I will do is
37:00
that said, what I will do is um we also have a sharp rewards wallet.
37:04
um we also have a sharp rewards wallet.
37:04
um we also have a sharp rewards wallet. It's for students and young developers
37:06
It's for students and young developers
37:06
It's for students and young developers who want to continue learning and get
37:08
who want to continue learning and get
37:08
who want to continue learning and get rewarded. So check out the shop rewards
37:10
rewarded. So check out the shop rewards
37:10
rewarded. So check out the shop rewards wallet and mobile app where you can
37:12
wallet and mobile app where you can
37:12
wallet and mobile app where you can start earning this shop token just for
37:15
start earning this shop token just for
37:15
start earning this shop token just for free by just learning new things taking
37:17
free by just learning new things taking
37:18
free by just learning new things taking the challenges getting the quizzes and
37:20
the challenges getting the quizzes and
37:20
the challenges getting the quizzes and then we are launching more things to
37:22
then we are launching more things to
37:22
then we are launching more things to that with that said I think uh this is
37:25
that with that said I think uh this is
37:25
that with that said I think uh this is enough let's take some of your
37:27
enough let's take some of your
37:27
enough let's take some of your questions so you guys have any questions
37:30
questions so you guys have any questions
37:30
questions so you guys have any questions let's start asking those questions and
37:32
let's start asking those questions and
37:32
let's start asking those questions and then I'm going to um start taking those
37:37
then I'm going to um start taking those
37:37
then I'm going to um start taking those questions all All right. Um, let me stop
37:39
questions all All right. Um, let me stop
37:39
questions all All right. Um, let me stop sharing my screen. Okay, there you go.
37:41
sharing my screen. Okay, there you go.
37:41
sharing my screen. Okay, there you go. So, let's take an example. What
37:43
So, let's take an example. What
37:43
So, let's take an example. What strategies can help validate whether a
37:45
strategies can help validate whether a
37:45
strategies can help validate whether a tag based idea has a viable
37:49
tag based idea has a viable
37:49
tag based idea has a viable market? So, that's a great question.
37:53
market? So, that's a great question.
37:53
market? So, that's a great question. Basically, you want to make sure that
37:55
Basically, you want to make sure that
37:55
Basically, you want to make sure that your idea, this is a part of our second
37:57
your idea, this is a part of our second
37:57
your idea, this is a part of our second screen. You want to validate your Yes.
37:59
screen. You want to validate your Yes.
38:00
screen. You want to validate your Yes. So, there's a market need for that. As a
38:02
So, there's a market need for that. As a
38:02
So, there's a market need for that. As a matter of fact, a lot of companies fail
38:04
matter of fact, a lot of companies fail
38:04
matter of fact, a lot of companies fail because a lot of startups fail because
38:07
because a lot of startups fail because
38:07
because a lot of startups fail because they launch the product and there's no
38:08
they launch the product and there's no
38:08
they launch the product and there's no market fit for that. So, one of the
38:12
market fit for that. So, one of the
38:12
market fit for that. So, one of the biggest thing you have to do is these
38:13
biggest thing you have to do is these
38:13
biggest thing you have to do is these days actually AI can help you a lot.
38:16
days actually AI can help you a lot.
38:16
days actually AI can help you a lot. Okay, you can use chat GPT or all those
38:18
Okay, you can use chat GPT or all those
38:18
Okay, you can use chat GPT or all those tools. Um, but you can also go to your
38:23
tools. Um, but you can also go to your
38:23
tools. Um, but you can also go to your go to your audience, right? If you
38:25
go to your audience, right? If you
38:25
go to your audience, right? If you depending on your idea, you have to go
38:27
depending on your idea, you have to go
38:27
depending on your idea, you have to go there and see if there's anything out
38:29
there and see if there's anything out
38:29
there and see if there's anything out there. If it's already there, is it good
38:32
there. If it's already there, is it good
38:32
there. If it's already there, is it good enough or is it it needs some work or is
38:34
enough or is it it needs some work or is
38:34
enough or is it it needs some work or is it so bad? For example, you know, if
38:38
it so bad? For example, you know, if
38:38
it so bad? For example, you know, if there's a I don't know there's water
38:40
there's a I don't know there's water
38:40
there's a I don't know there's water bottle out there, but you're saying it's
38:42
bottle out there, but you're saying it's
38:42
bottle out there, but you're saying it's a tag based idea.
38:44
a tag based idea. So tag based idea, you can say you can
38:48
So tag based idea, you can say you can
38:48
So tag based idea, you can say you can you can say I'm starting a consulting
38:50
you can say I'm starting a consulting
38:50
you can say I'm starting a consulting company. I'm starting company where we
38:52
company. I'm starting company where we
38:52
company. I'm starting company where we will build websites. That's more like a
38:55
will build websites. That's more like a
38:55
will build websites. That's more like a service business. That's not really a
38:56
service business. That's not really a
38:56
service business. That's not really a startup, right? So that you can always
38:58
startup, right? So that you can always
38:58
startup, right? So that you can always start that. there's always need for
39:00
start that. there's always need for
39:00
start that. there's always need for that. That's a totally different. Uh but
39:03
that. That's a totally different. Uh but
39:03
that. That's a totally different. Uh but if it's an app that's solving some
39:06
if it's an app that's solving some
39:06
if it's an app that's solving some problems, then you just have to look at
39:09
problems, then you just have to look at
39:09
problems, then you just have to look at search, do all the research, it's
39:11
search, do all the research, it's
39:11
search, do all the research, it's already there. Um and viral market is as
39:14
already there. Um and viral market is as
39:14
already there. Um and viral market is as I said, you kind of have to you will
39:16
I said, you kind of have to you will
39:16
I said, you kind of have to you will only know that after interviewing
39:18
only know that after interviewing
39:18
only know that after interviewing people, after talking to your friends
39:20
people, after talking to your friends
39:20
people, after talking to your friends and families, talking to the right
39:22
and families, talking to the right
39:22
and families, talking to the right audience, hey, I'm trying to build this.
39:24
audience, hey, I'm trying to build this.
39:24
audience, hey, I'm trying to build this. Will it work? How much money you willing
39:26
Will it work? How much money you willing
39:26
Will it work? How much money you willing to pay? You have to go and talk to these
39:28
to pay? You have to go and talk to these
39:28
to pay? You have to go and talk to these people. Once you talk and they kind of
39:32
people. Once you talk and they kind of
39:32
people. Once you talk and they kind of validate the idea, then you kind of
39:34
validate the idea, then you kind of
39:34
validate the idea, then you kind of build the MVP and the take MVP to those
39:37
build the MVP and the take MVP to those
39:37
build the MVP and the take MVP to those audience and see what do you think about
39:39
audience and see what do you think about
39:39
audience and see what do you think about this. This is kind of how you validate
39:41
this. This is kind of how you validate
39:41
this. This is kind of how you validate the idea. It takes time to validate the
39:44
the idea. It takes time to validate the
39:44
the idea. It takes time to validate the idea. How the another question how can a
39:48
idea. How the another question how can a
39:48
idea. How the another question how can a startup attract its first customers and
39:51
startup attract its first customers and
39:51
startup attract its first customers and a scale effectively? Yeah. And that's
39:53
a scale effectively? Yeah. And that's
39:53
a scale effectively? Yeah. And that's really the hardest part is your first
39:55
really the hardest part is your first
39:55
really the hardest part is your first customers are the one you kind of know
39:58
customers are the one you kind of know
39:58
customers are the one you kind of know them or you build a relationship with
40:00
them or you build a relationship with
40:00
them or you build a relationship with them or they come somehow from some ref
40:03
them or they come somehow from some ref
40:03
them or they come somehow from some ref rock or you are reaching out to them.
40:05
rock or you are reaching out to them.
40:05
rock or you are reaching out to them. You have to build a relationship with
40:06
You have to build a relationship with
40:06
You have to build a relationship with them because in the beginning they may
40:09
them because in the beginning they may
40:09
them because in the beginning they may not even pay you. You have to just give
40:11
not even pay you. You have to just give
40:11
not even pay you. You have to just give them a free and just say can you help us
40:13
them a free and just say can you help us
40:14
them a free and just say can you help us test drive it. Again ask you can always
40:16
test drive it. Again ask you can always
40:16
test drive it. Again ask you can always ask. People are willing to help you.
40:20
ask. People are willing to help you.
40:20
ask. People are willing to help you. That's the good part. A lot of a lot of
40:21
That's the good part. A lot of a lot of
40:22
That's the good part. A lot of a lot of students they are shy and they don't ask
40:24
students they are shy and they don't ask
40:24
students they are shy and they don't ask but you will be surprised that so many
40:26
but you will be surprised that so many
40:26
but you will be surprised that so many people are willing to help you um if you
40:30
people are willing to help you um if you
40:30
people are willing to help you um if you ask and you have to ask the right
40:32
ask and you have to ask the right
40:32
ask and you have to ask the right people. It's really just going there.
40:34
people. It's really just going there.
40:34
people. It's really just going there. The scaling part is a little bit hard.
40:36
The scaling part is a little bit hard.
40:36
The scaling part is a little bit hard. Scaling is not as easy as seems because
40:39
Scaling is not as easy as seems because
40:39
Scaling is not as easy as seems because scaling requires a lot of resources, the
40:42
scaling requires a lot of resources, the
40:42
scaling requires a lot of resources, the team, the funding and so on so forth.
40:51
So next question is how do you build a
40:54
So next question is how do you build a
40:54
So next question is how do you build a strong startup team and a company
40:56
strong startup team and a company
40:56
strong startup team and a company culture and this is really hard in the
41:01
sense team is something it's like you're
41:04
sense team is something it's like you're
41:04
sense team is something it's like you're saying like how do I know if my partner
41:07
saying like how do I know if my partner
41:07
saying like how do I know if my partner is good it's sometimes you have to feel
41:09
is good it's sometimes you have to feel
41:09
is good it's sometimes you have to feel it sometimes you're really best friends
41:12
it sometimes you're really best friends
41:12
it sometimes you're really best friends and then you hire a team and it's just
41:15
and then you hire a team and it's just
41:15
and then you hire a team and it's just it's just learning it's like if you go
41:17
it's just learning it's like if you go
41:17
it's just learning it's like if you go There's a lot of videos out there from
41:19
There's a lot of videos out there from
41:19
There's a lot of videos out there from the successful people. They say how do
41:21
the successful people. They say how do
41:21
the successful people. They say how do you hire a a good team
41:24
you hire a a good team
41:24
you hire a a good team member and just one thing I would give
41:27
member and just one thing I would give
41:27
member and just one thing I would give tip is that when you are
41:30
tip is that when you are
41:30
tip is that when you are hiring you have to get a feel of that do
41:34
hiring you have to get a feel of that do
41:34
hiring you have to get a feel of that do they really like what you're building?
41:36
they really like what you're building?
41:36
they really like what you're building? Do they believe in that idea? If they
41:39
Do they believe in that idea? If they
41:39
Do they believe in that idea? If they believe in that idea, chances are they
41:42
believe in that idea, chances are they
41:42
believe in that idea, chances are they are the good team
41:43
are the good team members and that will also help build
41:46
members and that will also help build
41:46
members and that will also help build the good company culture. And culture,
41:49
the good company culture. And culture,
41:49
the good company culture. And culture, company culture is
41:50
company culture is very it's it's very complicated topic.
41:53
very it's it's very complicated topic.
41:53
very it's it's very complicated topic. It's not as easy as seems. You can't
41:55
It's not as easy as seems. You can't
41:55
It's not as easy as seems. You can't really build a company culture. It just
41:57
really build a company culture. It just
41:58
really build a company culture. It just you pretty much become the culture. You
42:00
you pretty much become the culture. You
42:00
you pretty much become the culture. You means the person, the founders, right?
42:02
means the person, the founders, right?
42:02
means the person, the founders, right? So the founders and the senior people
42:05
So the founders and the senior people
42:05
So the founders and the senior people how they build the culture becomes the
42:08
how they build the culture becomes the
42:08
how they build the culture becomes the culture right how because everybody else
42:11
culture right how because everybody else
42:12
culture right how because everybody else follows them. So the key is you have to
42:14
follows them. So the key is you have to
42:14
follows them. So the key is you have to have those core people and you don't
42:16
have those core people and you don't
42:16
have those core people and you don't need to worry about these company
42:17
need to worry about these company
42:18
need to worry about these company cultures and in the beginning at least
42:20
cultures and in the beginning at least
42:20
cultures and in the beginning at least for first two two years of your until
42:23
for first two two years of your until
42:23
for first two two years of your until you are really successful out there.
42:25
you are really successful out there.
42:25
you are really successful out there. Initially you need people who are
42:27
Initially you need people who are
42:27
Initially you need people who are grinding who just believe in so much. So
42:29
grinding who just believe in so much. So
42:29
grinding who just believe in so much. So they're not looking for 9 to5. They're
42:31
they're not looking for 9 to5. They're
42:31
they're not looking for 9 to5. They're not looking to leave because that they
42:33
not looking to leave because that they
42:33
not looking to leave because that they have to be feel like it's part of the
42:35
have to be feel like it's part of the
42:35
have to be feel like it's part of the whole family. Otherwise it'll be really
42:38
whole family. Otherwise it'll be really
42:38
whole family. Otherwise it'll be really hard to build a good good successful
42:46
startups. How can a startup
42:48
startups. How can a startup
42:48
startups. How can a startup differentiate itself in a competitive
42:50
differentiate itself in a competitive
42:50
differentiate itself in a competitive market? Um yeah. So first of all, if you
42:53
market? Um yeah. So first of all, if you
42:53
market? Um yeah. So first of all, if you are going in a competitive
42:55
are going in a competitive
42:55
are going in a competitive market, you're already in the wrong
42:58
market, you're already in the wrong
42:58
market, you're already in the wrong path. But it doesn't mean you cannot go
42:59
path. But it doesn't mean you cannot go
43:00
path. But it doesn't mean you cannot go in there because you may love the idea a
43:02
in there because you may love the idea a
43:02
in there because you may love the idea a lot. So you innovation is the key here.
43:04
lot. So you innovation is the key here.
43:04
lot. So you innovation is the key here. You have to
43:05
You have to innovate faster. There are three things
43:09
innovate faster. There are three things
43:09
innovate faster. There are three things a successful company needs, right?
43:11
a successful company needs, right?
43:11
a successful company needs, right? Cheaper, faster, better. Cheaper,
43:14
Cheaper, faster, better. Cheaper,
43:14
Cheaper, faster, better. Cheaper, faster, better. There's a simple rule.
43:16
faster, better. There's a simple rule.
43:16
faster, better. There's a simple rule. Are you
43:17
Are you cheaper? Are you faster? Are you
43:20
cheaper? Are you faster? Are you
43:20
cheaper? Are you faster? Are you better? And how are you better?
43:23
better? And how are you better?
43:23
better? And how are you better? Innovation is the key here. Look at
43:25
Innovation is the key here. Look at
43:25
Innovation is the key here. Look at Tesla. When Elon Musk started
43:28
Tesla. When Elon Musk started
43:28
Tesla. When Elon Musk started Tesla, it wasn't because there was not
43:31
Tesla, it wasn't because there was not
43:31
Tesla, it wasn't because there was not enough car. There's lot of cars already
43:33
enough car. There's lot of cars already
43:33
enough car. There's lot of cars already there. Cars are there. So, it's a car
43:35
there. Cars are there. So, it's a car
43:35
there. Cars are there. So, it's a car company in the beginning even though it
43:37
company in the beginning even though it
43:37
company in the beginning even though it was a tech company, but still the end
43:40
was a tech company, but still the end
43:40
was a tech company, but still the end product end product where they make
43:42
product end product where they make
43:42
product end product where they make money is cars selling
43:45
money is cars selling
43:45
money is cars selling cars. So, what they did they said okay
43:48
cars. So, what they did they said okay
43:48
cars. So, what they did they said okay we are going to be innovative car
43:50
we are going to be innovative car
43:50
we are going to be innovative car company. So, they said we are going to
43:52
company. So, they said we are going to
43:52
company. So, they said we are going to create electric cars. You don't need
43:54
create electric cars. You don't need
43:54
create electric cars. You don't need gas. You don't need diesel and petrol.
43:57
gas. You don't need diesel and petrol.
43:57
gas. You don't need diesel and petrol. That's how you have to think is your
43:59
That's how you have to think is your
43:59
That's how you have to think is your idea in your startup is how different it
44:03
idea in your startup is how different it
44:03
idea in your startup is how different it is. If you're building another let's say
44:05
is. If you're building another let's say
44:06
is. If you're building another let's say you are competing with a car company,
44:07
you are competing with a car company,
44:07
you are competing with a car company, you're building another car. Yeah.
44:09
you're building another car. Yeah.
44:10
you're building another car. Yeah. Chances of failure are almost like
44:13
Chances of failure are almost like
44:13
Chances of failure are almost like 100%. Why would people want another car
44:15
100%. Why would people want another car
44:15
100%. Why would people want another car if it's similar to other car with same
44:17
if it's similar to other car with same
44:17
if it's similar to other car with same price? Other cars already have a brand.
44:20
price? Other cars already have a brand.
44:20
price? Other cars already have a brand. So your cars has to be either cheaper
44:22
So your cars has to be either cheaper
44:22
So your cars has to be either cheaper and better good-looking, more modern and
44:25
and better good-looking, more modern and
44:25
and better good-looking, more modern and better
44:26
better design and cheaper, right? That's why
44:28
design and cheaper, right? That's why
44:28
design and cheaper, right? That's why Hyundai, if you look at the Hyundai and
44:30
Hyundai, if you look at the Hyundai and
44:30
Hyundai, if you look at the Hyundai and these two companies are doing pretty
44:32
these two companies are doing pretty
44:32
these two companies are doing pretty well is they have better design and
44:34
well is they have better design and
44:34
well is they have better design and they're cheaper and they give you better
44:35
they're cheaper and they give you better
44:36
they're cheaper and they give you better warranty. So you have to think of what
44:38
warranty. So you have to think of what
44:38
warranty. So you have to think of what people really want, what are their pain
44:41
people really want, what are their pain
44:41
people really want, what are their pain points and how you're solving them. For
44:43
points and how you're solving them. For
44:43
points and how you're solving them. For example, if somebody's buying Audi, well
44:46
example, if somebody's buying Audi, well
44:46
example, if somebody's buying Audi, well Audi is costly. Nobody else, everybody
44:48
Audi is costly. Nobody else, everybody
44:48
Audi is costly. Nobody else, everybody can't afford Audi's, right? So, however,
44:51
can't afford Audi's, right? So, however,
44:51
can't afford Audi's, right? So, however, they're luxury car. So, this is how you
44:53
they're luxury car. So, this is how you
44:54
they're luxury car. So, this is how you have to figure this out. And this not
44:56
have to figure this out. And this not
44:56
have to figure this out. And this not really question is not it's not black
44:59
really question is not it's not black
44:59
really question is not it's not black and white. It's just you have to figure
45:01
and white. It's just you have to figure
45:01
and white. It's just you have to figure that out by working more in there. You
45:03
that out by working more in there. You
45:03
that out by working more in there. You can always get advisor. That's where
45:05
can always get advisor. That's where
45:05
can always get advisor. That's where advisor helps. Advisors are big help
45:07
advisor helps. Advisors are big help
45:07
advisor helps. Advisors are big help because they can save you a lot of time,
45:10
because they can save you a lot of time,
45:10
because they can save you a lot of time, money, and research because they already
45:12
money, and research because they already
45:12
money, and research because they already know people, they have experience, and
45:15
know people, they have experience, and
45:15
know people, they have experience, and they're already doing this every
45:23
day. What are the pros and cons of
45:25
day. What are the pros and cons of
45:25
day. What are the pros and cons of bootstrapping versus seeking actual
45:27
bootstrapping versus seeking actual
45:28
bootstrapping versus seeking actual funding? This is a great
45:29
funding? This is a great
45:29
funding? This is a great question. This is an amazing question
45:31
question. This is an amazing question
45:31
question. This is an amazing question actually. Uh bootstrapping is really
45:34
actually. Uh bootstrapping is really
45:34
actually. Uh bootstrapping is really important because if you believe in your
45:36
important because if you believe in your
45:36
important because if you believe in your idea and you have
45:40
idea and you have money, it's important to bootstrap. It
45:43
money, it's important to bootstrap. It
45:43
money, it's important to bootstrap. It teaches you so many lessons. First of
45:45
teaches you so many lessons. First of
45:45
teaches you so many lessons. First of all, it teaches you how
45:47
all, it teaches you how
45:47
all, it teaches you how to use most effective use of the money
45:51
to use most effective use of the money
45:51
to use most effective use of the money because you're using your own money.
45:53
because you're using your own money.
45:54
because you're using your own money. Bootstrapping is better as long as you
45:57
Bootstrapping is better as long as you
45:57
Bootstrapping is better as long as you can do it. That's probably the best
45:59
can do it. That's probably the best
45:59
can do it. That's probably the best thing you should be doing. The risk is
46:01
thing you should be doing. The risk is
46:01
thing you should be doing. The risk is if your successful startup is fail, you
46:04
if your successful startup is fail, you
46:04
if your successful startup is fail, you lost all the money. So my any company I
46:07
lost all the money. So my any company I
46:07
lost all the money. So my any company I work with, I bush most of most of the
46:09
work with, I bush most of most of the
46:09
work with, I bush most of most of the companies. Now you get funding from
46:13
companies. Now you get funding from
46:13
companies. Now you get funding from people. Key with funding is that it
46:15
people. Key with funding is that it
46:15
people. Key with funding is that it comes with a now you have a boss. It
46:17
comes with a now you have a boss. It
46:18
comes with a now you have a boss. It comes with a responsibility. It comes
46:19
comes with a responsibility. It comes
46:19
comes with a responsibility. It comes with accountability. It comes with
46:21
with accountability. It comes with
46:21
with accountability. It comes with reporting. It comes with deadlines. It
46:23
reporting. It comes with deadlines. It
46:23
reporting. It comes with deadlines. It comes with deliverable. So if you can't
46:26
comes with deliverable. So if you can't
46:26
comes with deliverable. So if you can't meet those lot of those things it puts
46:28
meet those lot of those things it puts
46:28
meet those lot of those things it puts extra pressure on you. Sometime pressure
46:30
extra pressure on you. Sometime pressure
46:30
extra pressure on you. Sometime pressure is good sometimes bad when you are a
46:33
is good sometimes bad when you are a
46:33
is good sometimes bad when you are a startup and founder and dealing with all
46:35
startup and founder and dealing with all
46:35
startup and founder and dealing with all the products and marketing and all that
46:37
the products and marketing and all that
46:38
the products and marketing and all that the external pressure can be bad.
46:40
the external pressure can be bad.
46:40
the external pressure can be bad. Sometimes you get lot of money and they
46:42
Sometimes you get lot of money and they
46:42
Sometimes you get lot of money and they own majority equity in the company they
46:45
own majority equity in the company they
46:45
own majority equity in the company they also have a control they can just kick
46:47
also have a control they can just kick
46:47
also have a control they can just kick you out. It happens all the time right?
46:50
you out. It happens all the time right?
46:50
you out. It happens all the time right? Investors can control your company. So
46:53
Investors can control your company. So
46:53
Investors can control your company. So even person like Steve Jobs were kicked
46:55
even person like Steve Jobs were kicked
46:55
even person like Steve Jobs were kicked out because you know they found a
46:58
out because you know they found a
46:58
out because you know they found a different CEO. So in the beginning if
47:01
different CEO. So in the beginning if
47:02
different CEO. So in the beginning if you can do bootstrap yourself that's
47:04
you can do bootstrap yourself that's
47:04
you can do bootstrap yourself that's that's probably the best option but if
47:08
that's probably the best option but if
47:08
that's probably the best option but if you get funding from somewhere else it's
47:10
you get funding from somewhere else it's
47:10
you get funding from somewhere else it's ideal to get smart funding. Smart
47:12
ideal to get smart funding. Smart
47:12
ideal to get smart funding. Smart funding is somebody you get funding from
47:15
funding is somebody you get funding from
47:15
funding is somebody you get funding from a strategic strategic partner who are in
47:19
a strategic strategic partner who are in
47:19
a strategic strategic partner who are in the space. They can also help you grow
47:22
the space. They can also help you grow
47:22
the space. They can also help you grow your company in different ways like for
47:24
your company in different ways like for
47:24
your company in different ways like for example they can introduce to more
47:26
example they can introduce to more
47:26
example they can introduce to more customers. They can introduce to more
47:28
customers. They can introduce to more
47:28
customers. They can introduce to more founders. They can help you technical
47:30
founders. They can help you technical
47:30
founders. They can help you technical team with a strong advice and give you
47:32
team with a strong advice and give you
47:32
team with a strong advice and give you feedback or get your product to market
47:34
feedback or get your product to market
47:34
feedback or get your product to market faster. So when you look at this
47:37
faster. So when you look at this
47:37
faster. So when you look at this companies like when you programs like
47:39
companies like when you programs like
47:39
companies like when you programs like Shark Tank Shark Tank they may feel like
47:42
Shark Tank Shark Tank they may feel like
47:42
Shark Tank Shark Tank they may feel like they take a lot of you know they take a
47:45
they take a lot of you know they take a
47:45
they take a lot of you know they take a lot of control or like let's just say
47:48
lot of control or like let's just say
47:48
lot of control or like let's just say they give you very small amount for the
47:50
they give you very small amount for the
47:50
they give you very small amount for the equity they carry in companies but they
47:52
equity they carry in companies but they
47:52
equity they carry in companies but they are strategic partners means because of
47:55
are strategic partners means because of
47:55
are strategic partners means because of their
47:56
their relationships they can help grow this
47:58
relationships they can help grow this
47:58
relationships they can help grow this company much faster because they can
48:00
company much faster because they can
48:00
company much faster because they can bring other partners. For example, if
48:03
bring other partners. For example, if
48:03
bring other partners. For example, if you have a consumer product and you want
48:05
you have a consumer product and you want
48:05
you have a consumer product and you want to go to a big big chains like Walmart
48:08
to go to a big big chains like Walmart
48:08
to go to a big big chains like Walmart or these and you get one of the shark
48:10
or these and you get one of the shark
48:10
or these and you get one of the shark tanks who has relations with Walmart and
48:13
tanks who has relations with Walmart and
48:13
tanks who has relations with Walmart and Walmart like the product out of sudden
48:15
Walmart like the product out of sudden
48:15
Walmart like the product out of sudden your products can go into thousands of
48:18
your products can go into thousands of
48:18
your products can go into thousands of thousands of stores and sell hundreds of
48:20
thousands of stores and sell hundreds of
48:20
thousands of stores and sell hundreds of thousands in in products in a month. So
48:25
thousands in in products in a month. So
48:25
thousands in in products in a month. So that's how you have to look at that and
48:27
that's how you have to look at that and
48:27
that's how you have to look at that and it comes with experience also. So when
48:29
it comes with experience also. So when
48:29
it comes with experience also. So when you young guys start you're going to
48:31
you young guys start you're going to
48:32
you young guys start you're going to learn with experience. You you don't
48:33
learn with experience. You you don't
48:33
learn with experience. You you don't know all the answers right away. All you
48:35
know all the answers right away. All you
48:35
know all the answers right away. All you can do is learn from experience like
48:37
can do is learn from experience like
48:38
can do is learn from experience like somebody else who has done
48:45
that. So another question Shiva ask is
48:47
that. So another question Shiva ask is
48:47
that. So another question Shiva ask is Shiva Shankar is what is the simplest
48:49
Shiva Shankar is what is the simplest
48:49
Shiva Shankar is what is the simplest version of product that solves the
48:51
version of product that solves the
48:51
version of product that solves the problem and validates the idea? How can
48:54
problem and validates the idea? How can
48:54
problem and validates the idea? How can I quickly test and market minimum
48:56
I quickly test and market minimum
48:56
I quickly test and market minimum investment? So that's a again great
48:58
investment? So that's a again great
48:58
investment? So that's a again great question MV MVP the product should be
49:02
question MV MVP the product should be
49:02
question MV MVP the product should be good enough that people feel that this
49:06
good enough that people feel that this
49:06
good enough that people feel that this is real. So if you're building a
49:09
is real. So if you're building a
49:09
is real. So if you're building a bicycle you cannot just show them the
49:12
bicycle you cannot just show them the
49:12
bicycle you cannot just show them the wheels. It has to have wheels, frames,
49:14
wheels. It has to have wheels, frames,
49:14
wheels. It has to have wheels, frames, seats, handles and some people can test
49:17
seats, handles and some people can test
49:17
seats, handles and some people can test drive it. I mean it doesn't have to look
49:18
drive it. I mean it doesn't have to look
49:18
drive it. I mean it doesn't have to look fancy. It doesn't have to be strong
49:20
fancy. It doesn't have to be strong
49:20
fancy. It doesn't have to be strong enough. doesn't have to have a lot of
49:22
enough. doesn't have to have a lot of
49:22
enough. doesn't have to have a lot of things in it. But at the at least people
49:24
things in it. But at the at least people
49:24
things in it. But at the at least people should be able to drive. If you are
49:27
should be able to drive. If you are
49:27
should be able to drive. If you are launching an app, delivery app, make
49:29
launching an app, delivery app, make
49:29
launching an app, delivery app, make sure that you have two people delivering
49:31
sure that you have two people delivering
49:31
sure that you have two people delivering the product from A to place A to B. If
49:35
the product from A to place A to B. If
49:35
the product from A to place A to B. If you're launching a food food food
49:37
you're launching a food food food
49:37
you're launching a food food food startups, make sure people can eat and
49:39
startups, make sure people can eat and
49:39
startups, make sure people can eat and taste the product. It may you may only
49:41
taste the product. It may you may only
49:41
taste the product. It may you may only have two products in there. That's it.
49:43
have two products in there. That's it.
49:43
have two products in there. That's it. You don't have to hundreds of them. So
49:45
You don't have to hundreds of them. So
49:45
You don't have to hundreds of them. So it has to have something that that
49:49
it has to have something that that
49:49
it has to have something that that works that works and people can feel
49:52
works that works and people can feel
49:52
works that works and people can feel like okay this is what it's going to
49:54
like okay this is what it's going to
49:54
like okay this is what it's going to going to
49:55
going to be. Um how quickly I mean this is really
49:59
be. Um how quickly I mean this is really
49:59
be. Um how quickly I mean this is really up to you. Um yeah next take next
50:01
up to you. Um yeah next take next
50:02
up to you. Um yeah next take next question
50:03
question is question is from Lux
50:06
is question is from Lux
50:06
is question is from Lux Lakshman Lakshman Gali. What are the key
50:11
Lakshman Lakshman Gali. What are the key
50:11
Lakshman Lakshman Gali. What are the key factors to validate a startup idea
50:13
factors to validate a startup idea
50:13
factors to validate a startup idea before investing too much time and
50:14
before investing too much time and
50:14
before investing too much time and money? But key factors are if you have
50:17
money? But key factors are if you have
50:17
money? But key factors are if you have five users, five customers or 10
50:20
five users, five customers or 10
50:20
five users, five customers or 10 customers and they love it, they like
50:23
customers and they love it, they like
50:23
customers and they love it, they like it, they want more, they are coming to
50:25
it, they want more, they are coming to
50:25
it, they want more, they are coming to you with more questions, they are giving
50:26
you with more questions, they are giving
50:26
you with more questions, they are giving you feedback and they're
50:29
you feedback and they're
50:29
you feedback and they're engaged then you know that this is
50:32
engaged then you know that this is
50:32
engaged then you know that this is working and it's like you know you
50:35
working and it's like you know you
50:35
working and it's like you know you launch perfect example let's say you
50:37
launch perfect example let's say you
50:37
launch perfect example let's say you start a tea company you're you know
50:39
start a tea company you're you know
50:39
start a tea company you're you know selling tea you're making tea like chai
50:41
selling tea you're making tea like chai
50:41
selling tea you're making tea like chai right and people come and they love it
50:43
right and people come and they love it
50:43
right and people come and they love it they give you feedback back then that
50:45
they give you feedback back then that
50:45
they give you feedback back then that this is great and they keep coming back.
50:47
this is great and they keep coming back.
50:48
this is great and they keep coming back. That means it's
50:49
That means it's working. It's
50:51
working. It's simple. Um then you know that now you
50:53
simple. Um then you know that now you
50:53
simple. Um then you know that now you can go and spend too much time and money
50:56
can go and spend too much time and money
50:57
can go and spend too much time and money in get feedback. Be open to just ask
51:01
in get feedback. Be open to just ask
51:01
in get feedback. Be open to just ask them. Oh, a lot of good questions guys.
51:04
them. Oh, a lot of good questions guys.
51:04
them. Oh, a lot of good questions guys. Ghost asked, "How do you choose the
51:06
Ghost asked, "How do you choose the
51:06
Ghost asked, "How do you choose the right text ST tech for your startup?"
51:08
right text ST tech for your startup?"
51:08
right text ST tech for your startup?" Okay, that's a great question. So we
51:11
Okay, that's a great question. So we
51:11
Okay, that's a great question. So we spend too much time into tech because we
51:13
spend too much time into tech because we
51:14
spend too much time into tech because we are tech people. In reality tech doesn't
51:17
are tech people. In reality tech doesn't
51:17
are tech people. In reality tech doesn't matter. Nobody cares. Businesses don't
51:20
matter. Nobody cares. Businesses don't
51:20
matter. Nobody cares. Businesses don't care of tax tech. Does Tesla really
51:23
care of tax tech. Does Tesla really
51:23
care of tax tech. Does Tesla really cares that if your website is built in
51:25
cares that if your website is built in
51:25
cares that if your website is built in React or ASP.NET or Angular or NodeJS
51:28
React or ASP.NET or Angular or NodeJS
51:28
React or ASP.NET or Angular or NodeJS doesn't matter. Nobody cares of text
51:30
doesn't matter. Nobody cares of text
51:30
doesn't matter. Nobody cares of text tag. A text tag is
51:33
tag. A text tag is adjust as long as you build an ad. It
51:35
adjust as long as you build an ad. It
51:35
adjust as long as you build an ad. It doesn't matter. It works in you build in
51:37
doesn't matter. It works in you build in
51:37
doesn't matter. It works in you build in native iOS in Swift, you build in React
51:41
native iOS in Swift, you build in React
51:41
native iOS in Swift, you build in React Native, you build in HTML hybrid,
51:43
Native, you build in HTML hybrid,
51:44
Native, you build in HTML hybrid, doesn't matter. As long as users are
51:46
doesn't matter. As long as users are
51:46
doesn't matter. As long as users are using the app and they are happy with
51:47
using the app and they are happy with
51:47
using the app and they are happy with the user experience is the key. User
51:50
the user experience is the key. User
51:50
the user experience is the key. User experience is the key. Usability is the
51:52
experience is the key. Usability is the
51:52
experience is the key. Usability is the key. It works is the key. So tax tech is
51:56
key. It works is the key. So tax tech is
51:56
key. It works is the key. So tax tech is really plays no role. The reason you
51:58
really plays no role. The reason you
51:58
really plays no role. The reason you want to find a you choose a right tax
52:01
want to find a you choose a right tax
52:01
want to find a you choose a right tax tech is the the skill set you have in
52:04
tech is the the skill set you have in
52:04
tech is the the skill set you have in your company. the skill set you have in
52:06
your company. the skill set you have in
52:06
your company. the skill set you have in your team. What are you good at it? If
52:09
your team. What are you good at it? If
52:09
your team. What are you good at it? If the founder is technically expert and
52:11
the founder is technically expert and
52:11
the founder is technically expert and he's good at building React using React
52:15
he's good at building React using React
52:15
he's good at building React using React and NodeJS, that's what you should be
52:17
and NodeJS, that's what you should be
52:17
and NodeJS, that's what you should be building it because end of the day all
52:20
building it because end of the day all
52:20
building it because end of the day all these tech from different companies they
52:23
these tech from different companies they
52:23
these tech from different companies they just have one simple goal build a
52:25
just have one simple goal build a
52:25
just have one simple goal build a product either it's a website or an app
52:28
product either it's a website or an app
52:28
product either it's a website or an app it doesn't matter. So to me right text S
52:31
it doesn't matter. So to me right text S
52:31
it doesn't matter. So to me right text S tech is the one you are most
52:33
tech is the one you are most
52:33
tech is the one you are most experiencing. you have to spend less
52:34
experiencing. you have to spend less
52:34
experiencing. you have to spend less money in it. You can move the fastest
52:36
money in it. You can move the fastest
52:36
money in it. You can move the fastest way possible. Whatever you can build in,
52:39
way possible. Whatever you can build in,
52:39
way possible. Whatever you can build in, you can build the top greatest tech and
52:41
you can build the top greatest tech and
52:41
you can build the top greatest tech and but it's taking you two years to build
52:43
but it's taking you two years to build
52:43
but it's taking you two years to build it's useless. But if you can quickly
52:45
it's useless. But if you can quickly
52:45
it's useless. But if you can quickly build in a two weeks in HTML and show it
52:48
build in a two weeks in HTML and show it
52:48
build in a two weeks in HTML and show it to something working that's what
52:50
to something working that's what
52:50
to something working that's what remember successful startups faster
52:53
remember successful startups faster
52:53
remember successful startups faster cheaper better always keep those in mind
52:56
cheaper better always keep those in mind
52:56
cheaper better always keep those in mind whatever can move fastest cheapest and
53:01
whatever can move fastest cheapest and
53:01
whatever can move fastest cheapest and better can come later initially you want
53:04
better can come later initially you want
53:04
better can come later initially you want to move the fastest way possible because
53:07
to move the fastest way possible because
53:07
to move the fastest way possible because moving faster means saving you money
53:09
moving faster means saving you money
53:09
moving faster means saving you money moving faster also means getting your
53:11
moving faster also means getting your
53:12
moving faster also means getting your customers feedback faster
53:18
Great questions, guys. I'm I'm really
53:20
Great questions, guys. I'm I'm really
53:20
Great questions, guys. I'm I'm really impressed how many questions you guys
53:22
impressed how many questions you guys
53:22
impressed how many questions you guys have and they're all amazing questions.
53:25
have and they're all amazing questions.
53:25
have and they're all amazing questions. So, looks like, you know, this is a good
53:26
So, looks like, you know, this is a good
53:26
So, looks like, you know, this is a good good group of people. Um, another
53:29
good group of people. Um, another
53:29
good group of people. Um, another question, why should I start up a
53:31
question, why should I start up a
53:31
question, why should I start up a company instead of joining a company
53:32
company instead of joining a company
53:32
company instead of joining a company with higher package? You should
53:34
with higher package? You should
53:34
with higher package? You should definitely not start a company if you
53:37
definitely not start a company if you
53:37
definitely not start a company if you are uh you are getting a good job and
53:40
are uh you are getting a good job and
53:40
are uh you are getting a good job and starting company is a very risky only
53:44
starting company is a very risky only
53:44
starting company is a very risky only 3% only two to 3% of the companies are
53:47
3% only two to 3% of the companies are
53:47
3% only two to 3% of the companies are successful that means 97 to 98% of the
53:51
successful that means 97 to 98% of the
53:52
successful that means 97 to 98% of the companies fail. So all the time you
53:54
companies fail. So all the time you
53:54
companies fail. So all the time you spending starting company is not for
53:57
spending starting company is not for
53:57
spending starting company is not for everybody. Even you don't get a good
53:59
everybody. Even you don't get a good
53:59
everybody. Even you don't get a good package if you startups is only for
54:02
package if you startups is only for
54:02
package if you startups is only for people who don't like to work for
54:05
people who don't like to work for
54:05
people who don't like to work for anybody or they don't want to take you
54:07
anybody or they don't want to take you
54:08
anybody or they don't want to take you know they said I have enough support
54:09
know they said I have enough support
54:10
know they said I have enough support from my family I have money I can take
54:12
from my family I have money I can take
54:12
from my family I have money I can take three years out of my working life I
54:15
three years out of my working life I
54:15
three years out of my working life I don't need to pay the bills but I love
54:18
don't need to pay the bills but I love
54:18
don't need to pay the bills but I love my idea too much I just want to do it
54:20
my idea too much I just want to do it
54:20
my idea too much I just want to do it don't just do it because everybody's
54:22
don't just do it because everybody's
54:22
don't just do it because everybody's doing it if you are in need is salary if
54:25
doing it if you are in need is salary if
54:25
doing it if you are in need is salary if you need money you're getting job in a
54:26
you need money you're getting job in a
54:26
you need money you're getting job in a good company already what I would say is
54:29
good company already what I would say is
54:29
good company already what I would say is join the company spend few years learn
54:31
join the company spend few years learn
54:32
join the company spend few years learn from that learn from experience because
54:34
from that learn from experience because
54:34
from that learn from experience because when you're working in a company you are
54:36
when you're working in a company you are
54:36
when you're working in a company you are going to learn a lot of things um yeah
54:39
going to learn a lot of things um yeah
54:39
going to learn a lot of things um yeah startup is not for
54:40
startup is not for everybody great
54:44
question another question is what
54:47
question another question is what
54:47
question another question is what resources book podcast courses do you
54:49
resources book podcast courses do you
54:49
resources book podcast courses do you recommend for aspiring entrepreneurs
54:50
recommend for aspiring entrepreneurs
54:50
recommend for aspiring entrepreneurs looking to enhance their skills and
54:52
looking to enhance their skills and
54:52
looking to enhance their skills and knowledge there's a lot of them out
54:54
knowledge there's a lot of them out
54:54
knowledge there's a lot of them out there that's a great question um you
54:57
there that's a great question um you
54:57
there that's a great question um you know if you search out there I wouldn't
54:58
know if you search out there I wouldn't
54:58
know if you search out there I wouldn't say books sure there are a lot of books
55:01
say books sure there are a lot of books
55:01
say books sure there are a lot of books I don't think there's a lot of startup
55:03
I don't think there's a lot of startup
55:03
I don't think there's a lot of startup experts out there you can startups are
55:06
experts out there you can startups are
55:06
experts out there you can startups are not really taught by courses in books a
55:09
not really taught by courses in books a
55:09
not really taught by courses in books a lot of this is really experience and
55:11
lot of this is really experience and
55:11
lot of this is really experience and learning hands on I don't tr you can
55:13
learning hands on I don't tr you can
55:13
learning hands on I don't tr you can read the books sure remember books are I
55:17
read the books sure remember books are I
55:17
read the books sure remember books are I don't believe in books let's just say
55:18
don't believe in books let's just say
55:18
don't believe in books let's just say that personally that doesn't mean that
55:21
that personally that doesn't mean that
55:21
that personally that doesn't mean that books don't help books are just a
55:23
books don't help books are just a
55:23
books don't help books are just a guideline of somebody who did ways
55:26
guideline of somebody who did ways
55:26
guideline of somebody who did ways different one way. So when you read
55:28
different one way. So when you read
55:28
different one way. So when you read something from book you are now really
55:31
something from book you are now really
55:31
something from book you are now really following that person's footstep what
55:33
following that person's footstep what
55:33
following that person's footstep what you can learn from book is the mistake
55:35
you can learn from book is the mistake
55:35
you can learn from book is the mistake they made so you don't make it otherwise
55:38
they made so you don't make it otherwise
55:38
they made so you don't make it otherwise every everybody has a different path
55:39
every everybody has a different path
55:40
every everybody has a different path everybody's success is different if you
55:42
everybody's success is different if you
55:42
everybody's success is different if you compare all you know you compare Elon
55:44
compare all you know you compare Elon
55:44
compare all you know you compare Elon Musk with you know Mark Zuckerberg with
55:47
Musk with you know Mark Zuckerberg with
55:47
Musk with you know Mark Zuckerberg with our Indian guys they don't follow the
55:51
our Indian guys they don't follow the
55:51
our Indian guys they don't follow the same playbook there's no one playbook to
55:53
same playbook there's no one playbook to
55:53
same playbook there's no one playbook to be honest in my in my view some people
55:55
be honest in my in my view some people
55:55
be honest in my in my view some people may say other way they'll say oh there's
55:57
may say other way they'll say oh there's
55:57
may say other way they'll say oh there's playbook here. Um but yeah, you can just
56:01
playbook here. Um but yeah, you can just
56:01
playbook here. Um but yeah, you can just learn podcast and how they did things
56:03
learn podcast and how they did things
56:03
learn podcast and how they did things and learn from that. But you still have
56:05
and learn from that. But you still have
56:05
and learn from that. But you still have to find the way you want to do things,
56:06
to find the way you want to do things,
56:06
to find the way you want to do things, how things will work for you. Um yeah,
56:09
how things will work for you. Um yeah,
56:09
how things will work for you. Um yeah, this is not a book knowledge to be
56:16
honest. Okay, lot of questions. Great.
56:19
honest. Okay, lot of questions. Great.
56:19
honest. Okay, lot of questions. Great. Um how can I identify emerging tech with
56:21
Um how can I identify emerging tech with
56:21
Um how can I identify emerging tech with real business potential? Um I mean
56:24
real business potential? Um I mean
56:24
real business potential? Um I mean there's every year there's a research
56:26
there's every year there's a research
56:26
there's every year there's a research published um on by different top
56:29
published um on by different top
56:29
published um on by different top publication that where what emerging
56:32
publication that where what emerging
56:32
publication that where what emerging texts are really in demand in coming
56:34
texts are really in demand in coming
56:34
texts are really in demand in coming years you can even search you know chat
56:37
years you can even search you know chat
56:37
years you can even search you know chat GPT these days you can give a good
56:40
GPT these days you can give a good
56:40
GPT these days you can give a good prompt prompting is the key guys again
56:42
prompt prompting is the key guys again
56:42
prompt prompting is the key guys again right now AI is everything learning AI
56:46
right now AI is everything learning AI
56:46
right now AI is everything learning AI you don't even have to build with AI you
56:48
you don't even have to build with AI you
56:48
you don't even have to build with AI you don't have to build LLMs you have to do
56:50
don't have to build LLMs you have to do
56:50
don't have to build LLMs you have to do you don't have to do data science
56:53
you don't have to do data science
56:53
you don't have to do data science science even using AI tools effectively
56:58
science even using AI tools effectively
56:58
science even using AI tools effectively using learning about these you know
57:02
using learning about these you know
57:02
using learning about these you know prompts how to craft amazing prompts
57:05
prompts how to craft amazing prompts
57:05
prompts how to craft amazing prompts it's like AI tools are really there for
57:07
it's like AI tools are really there for
57:07
it's like AI tools are really there for help you their assistance more you learn
57:10
help you their assistance more you learn
57:10
help you their assistance more you learn to start using them they can answer you
57:12
to start using them they can answer you
57:12
to start using them they can answer you all your questions um
57:15
all your questions um
57:15
all your questions um so again building anything with for
57:18
so again building anything with for
57:18
so again building anything with for example right now
57:19
example right now the AI is Everything everything is
57:22
the AI is Everything everything is
57:22
the AI is Everything everything is building around AI. Now AI is going to
57:24
building around AI. Now AI is going to
57:24
building around AI. Now AI is going to be changing us so much in this coming
57:26
be changing us so much in this coming
57:26
be changing us so much in this coming years. So anything you're building
57:28
years. So anything you're building
57:28
years. So anything you're building around that around that will be really
57:31
around that around that will be really
57:31
around that around that will be really good have a good business
57:40
potential. I have a question. I need to
57:43
potential. I have a question. I need to
57:43
potential. I have a question. I need to place I I need to place an MNC like
57:45
place I I need to place an MNC like
57:46
place I I need to place an MNC like Zoho. So what were the technical and
57:48
Zoho. So what were the technical and
57:48
Zoho. So what were the technical and nontechnical skills I need to have and
57:50
nontechnical skills I need to have and
57:50
nontechnical skills I need to have and how do I gain experience before my
57:52
how do I gain experience before my
57:52
how do I gain experience before my drive? Raindra asked this question.
57:54
drive? Raindra asked this question.
57:54
drive? Raindra asked this question. Great question. If you're joining an
57:57
Great question. If you're joining an
57:57
Great question. If you're joining an MNC, it could be Zoho or Google or
58:00
MNC, it could be Zoho or Google or
58:00
MNC, it could be Zoho or Google or Microsoft. Good thing is they already
58:03
Microsoft. Good thing is they already
58:03
Microsoft. Good thing is they already publish their jobs. So if you go to
58:06
publish their jobs. So if you go to
58:06
publish their jobs. So if you go to LinkedIn or other portals and you
58:09
LinkedIn or other portals and you
58:09
LinkedIn or other portals and you search jobs in Zoho, you will see what
58:13
search jobs in Zoho, you will see what
58:13
search jobs in Zoho, you will see what kind of jobs they're listing. And in
58:15
kind of jobs they're listing. And in
58:15
kind of jobs they're listing. And in those jobs you can see what kind of
58:17
those jobs you can see what kind of
58:17
those jobs you can see what kind of skill sets they are hiring for technical
58:20
skill sets they are hiring for technical
58:20
skill sets they are hiring for technical and nontechnical board and that's where
58:22
and nontechnical board and that's where
58:22
and nontechnical board and that's where you can then start learning. You can you
58:24
you can then start learning. You can you
58:24
you can then start learning. You can you know C# for example C#.com we have a lot
58:27
know C# for example C#.com we have a lot
58:27
know C# for example C#.com we have a lot of these courses if the skill set is oh
58:30
of these courses if the skill set is oh
58:30
of these courses if the skill set is oh NodeJS react or C or whatever fullstack
58:33
NodeJS react or C or whatever fullstack
58:33
NodeJS react or C or whatever fullstack developer you can just learn from there
58:35
developer you can just learn from there
58:35
developer you can just learn from there also follow follow their accounts right
58:40
also follow follow their accounts right
58:40
also follow follow their accounts right all these companies have accounts for
58:43
all these companies have accounts for
58:43
all these companies have accounts for example Joho may have a Joho HR where
58:45
example Joho may have a Joho HR where
58:46
example Joho may have a Joho HR where they are always posting and what they're
58:47
they are always posting and what they're
58:47
they are always posting and what they're talking if they are interviewing
58:49
talking if they are interviewing
58:49
talking if they are interviewing somebody's going live around Joho
58:52
somebody's going live around Joho
58:52
somebody's going live around Joho careers another thing is somebody
58:54
careers another thing is somebody
58:54
careers another thing is somebody working in Zoho in LinkedIn or wherever
58:56
working in Zoho in LinkedIn or wherever
58:56
working in Zoho in LinkedIn or wherever you reach out to them and somebody
58:58
you reach out to them and somebody
58:58
you reach out to them and somebody senior which you can connect with and
59:00
senior which you can connect with and
59:00
senior which you can connect with and say hey I I really love Zoho I really
59:04
say hey I I really love Zoho I really
59:04
say hey I I really love Zoho I really love the culture whatever you know this
59:06
love the culture whatever you know this
59:06
love the culture whatever you know this company the product they built I would
59:08
company the product they built I would
59:08
company the product they built I would like to join could you give me some
59:09
like to join could you give me some
59:09
like to join could you give me some pointers if there's a Joho event
59:12
pointers if there's a Joho event
59:12
pointers if there's a Joho event happening locally in your Chennai or
59:14
happening locally in your Chennai or
59:14
happening locally in your Chennai or wherever local you are if there's johoo
59:17
wherever local you are if there's johoo
59:17
wherever local you are if there's johoo event there meetups sometime these
59:18
event there meetups sometime these
59:18
event there meetups sometime these company do meetups and it's free or
59:21
company do meetups and it's free or
59:21
company do meetups and it's free or little bit small amount you just go and
59:22
little bit small amount you just go and
59:22
little bit small amount you just go and meet their people. So just you got to
59:25
meet their people. So just you got to
59:25
meet their people. So just you got to get in that space and make up your mind
59:28
get in that space and make up your mind
59:28
get in that space and make up your mind that I'm really going to you join this
59:31
that I'm really going to you join this
59:31
that I'm really going to you join this company. If you can make up that mind
59:33
company. If you can make up that mind
59:33
company. If you can make up that mind and you can do all those few things, you
59:36
and you can do all those few things, you
59:36
and you can do all those few things, you will get a job there. It's just you have
59:38
will get a job there. It's just you have
59:38
will get a job there. It's just you have to make up your
59:39
to make up your mind. All right, it's almost 11:00.
59:41
mind. All right, it's almost 11:00.
59:41
mind. All right, it's almost 11:00. We'll take few more questions guys.
59:43
We'll take few more questions guys.
59:44
We'll take few more questions guys. They're great questions, amazing
59:46
They're great questions, amazing
59:46
They're great questions, amazing questions. Uh Ravindra asked another
59:49
questions. Uh Ravindra asked another
59:49
questions. Uh Ravindra asked another question. Do you think that
59:50
question. Do you think that
59:50
question. Do you think that entrepreneurship is better than
59:51
entrepreneurship is better than
59:51
entrepreneurship is better than developer career to become successful?
59:54
developer career to become successful?
59:54
developer career to become successful? No. Answer is no. That's not true. You
59:57
No. Answer is no. That's not true. You
59:57
No. Answer is no. That's not true. You can be very successful being a
59:59
can be very successful being a
59:59
can be very successful being a developer. There are a lot of CEOs they
1:00:02
developer. There are a lot of CEOs they
1:00:02
developer. There are a lot of CEOs they started as a lowle just programmers,
1:00:04
started as a lowle just programmers,
1:00:04
started as a lowle just programmers, developers or even in sales and
1:00:06
developers or even in sales and
1:00:06
developers or even in sales and marketing they end up becoming a CEO. As
1:00:09
marketing they end up becoming a CEO. As
1:00:09
marketing they end up becoming a CEO. As a matter of fact, if you look at the
1:00:11
a matter of fact, if you look at the
1:00:11
a matter of fact, if you look at the Microsoft CEO, the Google CEO, all these
1:00:14
Microsoft CEO, the Google CEO, all these
1:00:14
Microsoft CEO, the Google CEO, all these CEOs, they were not entrepreneurs
1:00:16
CEOs, they were not entrepreneurs
1:00:16
CEOs, they were not entrepreneurs really. Most of them weren't
1:00:17
really. Most of them weren't
1:00:17
really. Most of them weren't entrepreneur. they started as a as a you
1:00:20
entrepreneur. they started as a as a you
1:00:20
entrepreneur. they started as a as a you know employee. So no the answer is no
1:00:23
know employee. So no the answer is no
1:00:23
know employee. So no the answer is no it's not. However entrepreneurship is
1:00:26
it's not. However entrepreneurship is
1:00:26
it's not. However entrepreneurship is for somebody again who don't want to
1:00:29
for somebody again who don't want to
1:00:29
for somebody again who don't want to work in other company who don't want to
1:00:31
work in other company who don't want to
1:00:31
work in other company who don't want to work for other people in the beginning
1:00:33
work for other people in the beginning
1:00:33
work for other people in the beginning who wants to change the world. The
1:00:35
who wants to change the world. The
1:00:36
who wants to change the world. The entrepreneurship is not all about money
1:00:38
entrepreneurship is not all about money
1:00:38
entrepreneurship is not all about money and people always often often attach
1:00:42
and people always often often attach
1:00:42
and people always often often attach success with money. Entrepreneurship is
1:00:45
success with money. Entrepreneurship is
1:00:45
success with money. Entrepreneurship is for people who love what they want to
1:00:47
for people who love what they want to
1:00:47
for people who love what they want to do. They want to change the world. They
1:00:49
do. They want to change the world. They
1:00:49
do. They want to change the world. They love the idea. They really not most
1:00:52
love the idea. They really not most
1:00:52
love the idea. They really not most entrepreneur these successful people
1:00:55
entrepreneur these successful people
1:00:55
entrepreneur these successful people they don't really chase money. So um
1:00:58
they don't really chase money. So um
1:00:58
they don't really chase money. So um answer is no. You can be successful
1:01:00
answer is no. You can be successful
1:01:00
answer is no. You can be successful either way. Um if you work harder and
1:01:03
either way. Um if you work harder and
1:01:03
either way. Um if you work harder and join a company, chances are they're more
1:01:06
join a company, chances are they're more
1:01:06
join a company, chances are they're more you will be more successful in there
1:01:08
you will be more successful in there
1:01:08
you will be more successful in there than starting in your
1:01:12
company. All right, let's take one more
1:01:14
company. All right, let's take one more
1:01:14
company. All right, let's take one more question.
1:01:16
question. Simon. All right. What are the biggest
1:01:18
Simon. All right. What are the biggest
1:01:18
Simon. All right. What are the biggest risk for building a startup based on
1:01:20
risk for building a startup based on
1:01:20
risk for building a startup based on cutting edge technology? Okay, this is a
1:01:22
cutting edge technology? Okay, this is a
1:01:22
cutting edge technology? Okay, this is a great
1:01:23
great question. Dimma asked um biggest risk is
1:01:27
question. Dimma asked um biggest risk is
1:01:27
question. Dimma asked um biggest risk is when you are using cutting edge
1:01:28
when you are using cutting edge
1:01:28
when you are using cutting edge technologies. Number one, there's not
1:01:30
technologies. Number one, there's not
1:01:30
technologies. Number one, there's not enough
1:01:31
enough experts. So, it takes you a lot of time
1:01:33
experts. So, it takes you a lot of time
1:01:33
experts. So, it takes you a lot of time to build in learning and take, you know,
1:01:35
to build in learning and take, you know,
1:01:35
to build in learning and take, you know, there's lot of mistakes. People you hire
1:01:38
there's lot of mistakes. People you hire
1:01:38
there's lot of mistakes. People you hire are always costly
1:01:40
are always costly and and again new technology is always
1:01:44
and and again new technology is always
1:01:44
and and again new technology is always changing. So we I know personally that
1:01:47
changing. So we I know personally that
1:01:47
changing. So we I know personally that we have built a company on this new
1:01:50
we have built a company on this new
1:01:50
we have built a company on this new technology back in the day are called
1:01:53
technology back in the day are called
1:01:53
technology back in the day are called silver light and then Microsoft start
1:01:56
silver light and then Microsoft start
1:01:56
silver light and then Microsoft start supporting silver light few years later
1:01:58
supporting silver light few years later
1:01:58
supporting silver light few years later the old tech we build all the money
1:02:00
the old tech we build all the money
1:02:00
the old tech we build all the money spend now we had to rebuild in different
1:02:02
spend now we had to rebuild in different
1:02:02
spend now we had to rebuild in different technology so that was all gone so when
1:02:05
technology so that was all gone so when
1:02:05
technology so that was all gone so when you think of a cutting edge technology
1:02:07
you think of a cutting edge technology
1:02:07
you think of a cutting edge technology especially they're new um it's a bigger
1:02:09
especially they're new um it's a bigger
1:02:09
especially they're new um it's a bigger risk so try to wait until the tech is
1:02:13
risk so try to wait until the tech is
1:02:13
risk so try to wait until the tech is really kind
1:02:15
really kind If you're really spending a lot of money
1:02:17
If you're really spending a lot of money
1:02:17
If you're really spending a lot of money in it, you have to look at the risks as
1:02:19
in it, you have to look at the risks as
1:02:19
in it, you have to look at the risks as risks there. All right guys, everybody,
1:02:22
risks there. All right guys, everybody,
1:02:22
risks there. All right guys, everybody, this was amazing. Um, I really had a,
1:02:26
this was amazing. Um, I really had a,
1:02:26
this was amazing. Um, I really had a, you know, amazing time, lot of great
1:02:28
you know, amazing time, lot of great
1:02:28
you know, amazing time, lot of great questions and I hope I hope you guys
1:02:31
questions and I hope I hope you guys
1:02:31
questions and I hope I hope you guys learned something from this today's
1:02:32
learned something from this today's
1:02:32
learned something from this today's session. Go again join
1:02:36
session. Go again join
1:02:36
session. Go again join c.com because you can ask all these
1:02:38
c.com because you can ask all these
1:02:38
c.com because you can ask all these questions there. I'm there all the time.
1:02:40
questions there. I'm there all the time.
1:02:40
questions there. I'm there all the time. I'm starting a startup show there every
1:02:43
I'm starting a startup show there every
1:02:43
I'm starting a startup show there every week soon. There's other shows going on
1:02:45
week soon. There's other shows going on
1:02:45
week soon. There's other shows going on there lively shows on startups, the
1:02:47
there lively shows on startups, the
1:02:47
there lively shows on startups, the mentorship, the growth, the funding. Uh
1:02:50
mentorship, the growth, the funding. Uh
1:02:50
mentorship, the growth, the funding. Uh there's a lot of things on go to cop.tv.
1:02:53
there's a lot of things on go to cop.tv.
1:02:53
there's a lot of things on go to cop.tv. If you just go to cop.tv, you can see
1:02:56
If you just go to cop.tv, you can see
1:02:56
If you just go to cop.tv, you can see what kind of um um shows we have
1:02:59
what kind of um um shows we have
1:02:59
what kind of um um shows we have launched there. Also, don't forget to
1:03:01
launched there. Also, don't forget to
1:03:02
launched there. Also, don't forget to check out sharp
1:03:03
check out sharp economy.org. sharp economy.org is the
1:03:06
economy.org. sharp economy.org is the
1:03:06
economy.org. sharp economy.org is the new innovative way we are incentivizing
1:03:09
new innovative way we are incentivizing
1:03:09
new innovative way we are incentivizing people to learn and grow. learn, earn,
1:03:12
people to learn and grow. learn, earn,
1:03:12
people to learn and grow. learn, earn, and grow. Um, there's another app, Sharp
1:03:15
and grow. Um, there's another app, Sharp
1:03:15
and grow. Um, there's another app, Sharp Rewards app in the Apple, which we have
1:03:17
Rewards app in the Apple, which we have
1:03:17
Rewards app in the Apple, which we have both apps, iOS app and Android app,
1:03:19
both apps, iOS app and Android app,
1:03:19
both apps, iOS app and Android app, Sharp Rewards. If you go to app store
1:03:22
Sharp Rewards. If you go to app store
1:03:22
Sharp Rewards. If you go to app store and search Sharp SHP rewards, download
1:03:26
and search Sharp SHP rewards, download
1:03:26
and search Sharp SHP rewards, download the app. It's a decentralized wallet
1:03:29
the app. It's a decentralized wallet
1:03:29
the app. It's a decentralized wallet app. What does that mean? That means you
1:03:31
app. What does that mean? That means you
1:03:32
app. What does that mean? That means you start learning, doing things in this.
1:03:33
start learning, doing things in this.
1:03:33
start learning, doing things in this. It's gified. You can start earning shark
1:03:36
It's gified. You can start earning shark
1:03:36
It's gified. You can start earning shark tokens. Those shark tokens now you can
1:03:38
tokens. Those shark tokens now you can
1:03:38
tokens. Those shark tokens now you can spend on your growth. you can hire
1:03:41
spend on your growth. you can hire
1:03:41
spend on your growth. you can hire somebody oneonone, a mentor to pay those
1:03:43
somebody oneonone, a mentor to pay those
1:03:43
somebody oneonone, a mentor to pay those shop tokens. So, check those out and
1:03:46
shop tokens. So, check those out and
1:03:46
shop tokens. So, check those out and everybody, thank you so much and have a
1:03:48
everybody, thank you so much and have a
1:03:48
everybody, thank you so much and have a nice day.
1:04:49
Heat. Hey. Hey. [Music]
1:04:51
[Music] Hey. Heat. Heat.