National Start-Up Day

Prioritise the problem you’re addressing over fixating on your solution. This quote is one of the essential mantras for tech, said?Abhimanyu Saxena, Co-founder of?Scaler, on National Start-Up Day.

?On January 16th, 2024, the day was observed as National Start-Up Day by Bennett Coleman & Co. Ltd. (The Times of India) , and they posted numerous inspiring and challenging stories for entrepreneurship and tech start-ups, which ignited the fuel for innovation and positive change in the world in the readers, me being one of them.

Satish Kannan , CEO of MediBuddy , advised to be prepared to handle scepticism about our vision. He inspired us to understand that the world would keep doubting and letting us down, but we must be strong and resilient enough to take risks and make a change.

?Having a team of like-minded people with the same goal can be an excellent boost for the growth of a start-up. Zaiba Sarang , Co-Founder of iThink Logistics , had a clear purpose and a solid team to give direction and meaning to her company, which resulted in developing a product that addressed real needs. She guided to surround ourselves with skilled and passionate individuals who share the same vision, understand the market, and create a solution that genuinely adds value.

Rikant Pittie , Co-founder of Easymytrip Holidays , decoded the recipe for success: the amount of hard work and determination is proportional to the possibility of achieving our goals. Having founded a self-made company with his brothers, he emphasised the importance of a robust tech infrastructure for growth. Moreover, he advised aspiring tech entrepreneurs to adopt a sustainable approach, highlighting the increasing significance of environmental consciousness for gaining customer trust and loyalty.?

Jay Prakash, PhD , Co-founder of Silence Laboratories , advised inspiring tech entrepreneurs to maintain relations with early believers and design partners, highlighting the importance of regular interactions to sustain focus and strategic timing for team hires. He spoke about the need for more skilled cryptography individuals because most are inclined towards general software engineering. He highlighted that strategic timing for events in the company’s timelines is essential.

?The first step is the hardest; just start! This line, said by Sandeep Kumar , Founder of Baatu Technologies Pvt Ltd , holds deep meaning in the entrepreneurial world. He focused on the five critical aspects of starting a company: recognising exceptional talent, staying resilient, maintaining focus, working smart, and building a solid team. He concluded his section with a powerful reminder that the first step is the hardest, urging individuals to believe in their ideas and embark on the entrepreneurial journey with determination and passion.

Vara Kumar Namburu , co-founder and CTO of Whatfix , faced a lot of challenges in his early years, which were marked by experimentation at the start. He advised aspiring entrepreneurs to re-access the product for the market after reaching out to 30-40 customers for better quality. He also guided us to prioritise financial prudence, save money, and gain insights by working at a start-up before venturing out. He quoted, “Remember, the toughest step is starting up—just start.”

?Lastly Abhimanyu Saxena , Co-Founder of Scaler shared on how he faced significant challenges in navigating regulatory frameworks designed for traditional education models while building their platform. Being a student of Scaler myself, I have observed too that the teaching style was different from the conventional way of teaching how to code, but once you get a taste of it, you can grasp it very quickly. He emphasised that developing an association for the problem is critical to delivering the desired solution.

We should not be afraid to start something new, there is scope and space for everything to get accommodated. A classic example is Jio which being a late entrant still stole the pole position by disruption.

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