Last Saturday, I had the pleasure of joining ABHISHEK from Naapbooks Limited, Swati from Mantras2Success.com, Ravi from Univia and Nirav from WOGOM on a panel to discuss 'Growth Stories' organised by eChai Ventures and moderated by Aditya from Cibos Techno Solutions Pvt Ltd

Here are some notes:

👉 𝐙𝐞𝐫𝐨 𝐭𝐨 𝐎𝐧𝐞 𝐚𝐧𝐝 𝐎𝐧𝐞 𝐭𝐨 𝐇𝐮𝐧𝐝𝐫𝐞𝐝: One of the interesting conversations was around how to align/retrain people who have taken the company from zero to one and have them effectively contribute in the company's journey from one to hundred. This is required because it takes very different people to bring something to life vs people who take something that is alive and take it to scale. One of the things we do at Momentum91 is to build a 'New Initiatives' team. This is our 'zero to one' team and it always works on the frontier. Things that have not yet been figured out completely yet. This team builds solutions on those lines. This way, once they have charted the path, the rest of the team comes in and makes the path more 'followable' through processes, frameworks and templates.

👉 𝐎𝐧𝐞 𝐜𝐨-𝐟𝐨𝐮𝐧𝐝𝐞𝐫 𝐯𝐬 𝐦𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐜𝐨-𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬: I am of the opinion that starting a company is like entering a haunted house that might have a treasure buried inside. I would not go in alone. I need someone to keep me honest, be sad when we have lost, share joy when we have won. I need someone to fight, debate and argue with. It's a personal and arguable choice. Some folks are comfortable going at it alone as well. If you are like me, consider finding a co-founder who has complimentary skill sets. A person whose thought process is different than yours and a person you fully trust.

👉 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐯𝐬 𝐬𝐭𝐚𝐫𝐭𝐮𝐩: Almost everyone on the panel had degrees in things that were drastically different from the nature of the company they were running, including myself. It's important to understand that half of running any company is the same - whatever one builds, they still have to build a team, figure out marketing, learn sales, read balance sheets and keep the company compliant - things that are not taught. A good way to look at education is to think of that as 'time allotted to build an approach' - an approach of problem solving. If one is able to build that approach, most things get easier.

It was fun listening to other people's stories around recruiting their first 5 team members, journey of meeting their co-founders and approach towards making difficult decisions under uncertain circumstances with less than accurate data.

Thank you Jatin for the opportunity. Until next time.