HT NxT 2021 Day 2 highlights: 5 entrepreneurs talk about startup challenges
The second day of HT NxT saw five entrepreneurs putting forward their business ideas in three sessions. The first session was addressed by Naveen Tewari, CEO, INMOBI, who imparted some valuable insight for new startups. In the second session, Dr Geetha Manjunath, founder and CEO of NIRAMAI, and Ashwini Asokan, the co-founder and CEO of Mad Street Den talked about the challenges of startups and the challenges they faced as women entrepreneurs. The third session was addressed by Dr Navin Dang, director of Dangs Lab and Dr Arjun Dang, the CEO of Dangs Lab, who talked about post-pandemic changes and challenges in the field of diagnosis.
The first week brought together five of India’s top sporting geniuses: the country’s first-ever cricket World Cup-winning captain Kapil Dev, star all-rounder Hardik Pandya, captain of the Indian football team Sunil Chhetri, ace boxer Vijender Singh, and India’s first individual gold medallist at the Olympics, Abhinav Bindra.
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Sep 16, 2021 06:45 PM IST
Post-Covid, people understanding the necessity of regular screening: Arjun Dang
Dr Arjun Dang said after Covid, people are now coming forward for regular checking and screening. “ It is a positive that the power of preventive screening through regular lab test has been taken note of,” Dr Dang said.
Sep 16, 2021 06:35 PM IST
Roller-coaster ride since last year because of Covid: Dr Arjun Dang
"Since last year it has been a roller-coaster ride after the outbreak of the pandemic. A lot of learning, relearning was required. We hope the situation is under control now and there will be no surge of covid infections in future," Dr Arjun Dang said.
Sep 16, 2021 06:20 PM IST
No better time for startups in India than this: Geeta Manjunath and Ashwini Asokan
Both the speakers said this is the best time for startups in India. "There has been no better time than this. Ask yourself if you are ready for the challenge because this is something you have not done before," Ashwini Asokan said.
"Anytime is good time to start if you have belief. It starts with a philanthrophic mindset as I feel that money is not everything in startups. So many startups fail. It's really about enjoying every day and solving the problem," Geeta Manjunath said.
Sep 16, 2021 06:06 PM IST
Startup journey is all about suspension of disbelief: Ashwini Asokan
Talking about handling startups, Ashwini Asokan said it is hard as one has to wear many hats. "Parenting is way easier than handling startups. You have to manage people. There are many challenges and tackling all these involves suspension of disbelief," Ashwini Asokan said.
Sep 16, 2021 06:03 PM IST
An entrepreneur out on the road is a salesperson: Dr Geetha Manjunath
The experience is humbling as all ego goes away. "You were in charge of a situation but now you are seeking help from other people. An entrepreneur alone on the road is just a salesperson," Dr Manjunath said.
Sep 16, 2021 06:00 PM IST
Getting the trust of the doctors was the first step: Dr Geetha Manjunath
When a person leaves a job and starts on his or her own, it is a complete new journey. There is no brand. "I had to bring in a lot of confidence in myself. A lot of learning and unlearning is involved because you are used to some kind of process. And then getting the trust of the doctors was the first step for NIRAMAI," Dr Manjunath said.
Sep 16, 2021 05:50 PM IST
Ashwini Asokan and Geeta Manjunath recall how they end up became entrepreneurs
Ashwini Asokan had a design degree and passion for dance. Geeta Manjunath, on the other hand, had a secure job. But both of them ended up being entrepreneurs in the sector of artificial intelligence.
Sep 16, 2021 05:41 PM IST
Don't get much influenced by the investor: Naveen
"You will become successful when you will be able to take decisions independently. Take inputs from the investors, but don't be too dependent on them," Naveen said.
Sep 16, 2021 05:39 PM IST
Fearlessness is important for startups: Naveen Tewari
Fearlessness, focus on people, a metric of expenditure are something new startups must keep in mind. "Burning money is not good in the beginning. The cash to valuation ratio is very high in such a case. One should monitor this. There are so many startups in the country but has this number translated to the upliftment of the society?" Naveen said.
Sep 16, 2021 05:28 PM IST
Knowledge into application: Naveen Tewari on becoming an entrepreneur from a family of IITians
Recollecting his upbringing in UP, at theIIT campus, Naveen said that he was surrounded by a very academic atmosphere. "I did realise that I wanted to all of this into an application as I thought this was what India was lacking. That was always lingering on my mind. I did not know how to go about it as at that time all big things were done by the Tatas and Birlas," he said.
Sep 16, 2021 05:15 PM IST
It's important to know who you are: Naveen Tewari's advice to startups
Startups, business organisations must reflect on why people are coming to work for them. Accordingly, they have to redefine their culture and values. "Apart from people, everything else is a commodity. Even strategy is a commodity. We focussed on giving people autonomy," Naveen said.
Sep 16, 2021 05:07 PM IST
Next few years were about grit and perseverance: Naveen Tewari
This is the phase which a company must go through to come out stronger. Sometimes companies do not come out stronger and that's unfortunate, Naveen Tewari said.
Sep 16, 2021 05:05 PM IST
Naveen Tewari takes a journey down memory lane and recounts how he started his business
Entrepreneurship is all about being crazy, innovative and not about the method, Naveen Tewari says sharing about his journey. There were very few examples to look up to at that time as most of the global businesses were based out of the United States.
Sep 16, 2021 04:23 PM IST
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