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Starting up the journey from start to millions by gautam sinha jul2011

Date post: 01-Nov-2014
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This deck was presented by Gautam Sinha at the TiE Institute Knowledge Series (TIKS) : Starting Up- Session 1 in July 2011.This session was organised by Tie Mumbai.
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http://www.facebook.com/myfirstcheque Chequemate @myfirstcheque www.twitter.com/#!/myfirstcheq www.myfirstcheque.com The 10 year journey of an accidental entrepreneur…….. From start to millions………. The story of 3 start ups and 2 busts!
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Page 1: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

The 10 year journey of an accidental entrepreneur……..

From start to millions……….The story of 3 start ups and 2 busts!

Page 2: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

The spark to start

Middle class existence….. boredom with job…the problem of having alternatives ….knowledge of ONE

market ….strong enough desires to carry for a decade..

Page 3: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

Dealing with the no personal cash syndrome…low self esteem

and lots of time

What am I doing….why don’t I get back to a job …the first 2 years…no market for what I do…shall I

change my idea…hey why don’t you do this to make a fast buck….

Page 4: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

The first taste of money….and then the BUST…

Just when you figured it out they changed the market!! Why me? The difficulty of starting again…the collapse of plans…the year 4 dilemma….do you know

how to fish?

Page 5: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

The 2nd start…failure and debt

Influence of the media…..getting carried away by the idea……poor execution capability

and low ability to attract people who can……no focus on benefit and ability to deliver it

Page 6: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

3rd time lucky?

The first customer through a friend…mining and relationship….the golden years in Indian IT 2002-07 …

building a culture as business by default…the desire to be the 1st….DDT….getting carried away by money…

arrogance….innovation......the lifestyle entrepreneur trap…. financial Vs strategic investor dilemma……… SALE

Page 7: Starting up the journey from start to millions by gautam sinha jul2011

http://www.facebook.com/myfirstcheque

Chequemate @myfirstcheque

www.twitter.com/#!/myfirstcheque

www.myfirstcheque.com

There is no ONE way to build a company

It is like a fingerprint… inspiration YES but find your own path ….. Self evaluation is the key but also very lonely so make and keep friends (NOT networks) …Don’t forget to

have fun……. it is the only opportunity to experience complete freedom and create an asset which ensures that you

never have to “work” again…..


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