As a first time founder, I was almost going to SIS-Zone Ador at one moment. But then I realized that if Ador is sis-zoned and next generation of youth will never say "I Ador You" while expressing their true love.
Top Lessons while forming a venture during chaotic times in the love-tech space!
- Start-ups must have a Clear World-view. It determines all the major aspects of vision, mission, brand, product, product proposition, collaboration and experience of end users
- A small group with (personal + team) growth mindset can see tremendous upwind within smaller capital and financial cost
- Clear communication helps in setting lots of upwind in initial days and aligning every person on the team in one direction. In addition, one or more team-members must have generalist approach on domains like finance, hr, tech, business
- Diverse teams in terms of experience like arts, humanities, technology, finance world help in shaping more creativity and help in forging differentiation
- The leaders who have faced more crisis and chaotic times with topsy turvy curve in professional life tend to be more empathic and encouraging towards team-members
- Contracts are most important forms of setting terms and expectations – it helps in lessening ambiguity and shortens time in delivering outcomes
- Keeping Company success > Personal success is a core requirement for purpose driven start-ups in their initial/early days
- Graceful (onboarding, engagement and exit) of team-members across all hierarchies is more important than solely focusing on speed of execution
- Those who have dealt with roles having higher rejections and learnt from them in a positive way tend to be more resilient in the world of start-ups – which is a core factor for the start-up world
- Passion cannot be purchased with money or cannot be ensured by burning more money
- Pursuing a “No” and spending more time behind it is a costly affair for the early-stage companies
- True mentors create value in a self-less way for higher upside of the team and hence themselves in the longer term
- True leaders set path of others on success even after completion of formal engagement in the company. This form of leadership dynamics is not a function of hierarchy
- Every stakeholder joining the venture ends up becoming a core-supporter of the venture
- It is extremely hard to copy originality on a repeated basis
- If you are onboarding or engaging with any stakeholder with strong appetite of finance and authority – it is important to ensure that they are kind !?
- Highly addictive founders will never get pleasures from alcohol, smoking or other modes in its building stage !
- A sense of Humor is as important as a generalist approach - in life, dating, startups and especially when you have launched a startup in dating industry
- On a lighter note, don't trust founders who sis-zone their love-tech startup within 2 years of its launch - neither in relationships nor in business ! Trust founders who never sis-zone their love-tech startup - in life, business, relationships and other aspects #nomatterwhat
