hello everyone my name is Nissan
Chaudhary I had an artificial
intelligence based at tech firm now the
speaker before me some he’d just did the
gon book for me talking about artificial
intelligence he made it sound so cool so
I was so happy when he was talking over
I God there are two kind of
entrepreneurs one being pop aapke
business optimism Ogawa the second one
being I want to start my own company
from scratch no matter what it may
so entrepreneurship has a world now
although he did the groundwork for me on
talking about artificial intelligence I
just simplified for what I do have you
seen these kind of ads when you watch
youtube videos the irritating ones in
the middle of the video when you see so
we do that so when I started my journey
back in 1011 I was reading lot on the
digital front what is you know what’s
like to be non to preneur I was reading
about habits like this one ten habits of
milliner’s I was reading about how
Warren Buffet was drinking maybe 10
glass of coke a day and I was thinking
should I start doing that to to be
successful to be a millionaire when I
was reading about no successful people
just sleep four hours a night and I was
like I should start doing that too I
have to be very successful in life but
that was not the case your habits have
to evolve in your business as you grow
so always pick up the healthy habits
that works for a business that works for
you growth diesel kind of the best
coverage was happening in ten eleven and
it was going through my mind so I want
to take you back
to those days and what I was going
through when they were press coverage
about the most successful people in
India they were this funding spree every
star was getting funding
now Flipkart was still acquiring
startups who were about ebooks make my
trip just started making some profit
pepper fry up go started with some a
round of funding and I thought I should
maybe pitch to an investor I need money
to be to run a very successful firm it’s
only then I’ll get some PR coverage and
only then I’ll be considered a
successful person but that was not the
case I thought let me start from scratch
without any funding was it possible yes
it was possible the most important part
is you need to first decide what you
need to really do the easiest people are
selling Gordon cakes on Amazon it’s
going leaving both their local language
may apply now if you tell a person from
previous generations that’s what
happening on digital front will not
believe you they laugh at you probably
but it’s happening you can find a
customer probably in a forest in Africa
it just you need to be convinced what
you need to sell to him or a service in
2018 technologies were going to lead and
artificial intelligence being the first
one it’s already killing lot of jobs
which are already existing automation is
taking place you need to be ready
you need to cater to a global audience
and for that technology will lead you
you can read through any customer across
the globe with the help of technology
so when I was starting up I didn’t want
it to be the traditional company that I
will start with some small clients then
I will go to some medium-sized clients
and then I’ll go to enterprises my
thinking was I’m going to pitch to
enterprise clients from day one
and I didn’t know how to pitch them what
to talk to them what should I say then I
go there that I’m just a start of the
two three people working together but
when I went with my first meeting I
realized these big companies have big
problems well me being a small company a
very small problems and with my small
problems I can solve their big problems
so that became my moto that day that big
company big problems small company small
problems and every person who joined the
organization I told him one day one that
the problems you’re gonna solve are very
small here because we are very small
company the day we become big our
problems will become big for us probably
so with that spirit I started and
started in eating a lot of big firms
with every step I did every action I was
being judged
your family will judge you your
employees will judge you I still
remember my mother telling me two years
into my business
we totally drop gaining her liver and I
was like TIA
if you say so but I continued the power
of human capital a lot of people when
they start we start treating people as
resources when people join you they
start treating as resources that should
not be the case respect people treat
them as people don’t treat them it
resources don’t treat them like machines
treat them with respect treat them like
family what you need to run a very
successful firm is people and not money
and that I realized very early days and
I run a successful company without any
funding till date with just the power of
human capital in 2018 I can see a lot of
young faces sitting here in 2018 if you
want to start our company and you want
refunds I’ll tell you few things that
you will not read online because that’s
a source of inspiration these days the
first step is finalize an idea and
that’s the biggest challenge to start
the poem you need to finalize an audio
idea on paper that’s when you call an
idea don’t try to cover an ocean by a
bridge try to cover a river first so
keep your ideas small which can be
written on a piece of paper find a
co-founder can be a friend or family my
co-founders are my real brothers one is
three years elder to me and other is six
years but when you work when you work
together in my office we work as equals
and the biggest advantage with my
brothers when I worked was trust which
is very important for everyone to work
in a environment applying an accelerator
programs back in ten eleven they were
few but when in 2018 there are many
accelerator programs that you can get in
they’ll help you with the financial
support the logistics and everything and
help you grow your form next being find
a financial consultant now this piece
will find on very few places online you
need to find our financial consent and
consultant if you want to raise funds
now what does this consultant do now you
might be thinking here I’m just starting
up I don’t have any money why should I
pay a consultant now these consultants
come handy and they don’t charge you
much now what they do is they prepare a
plan for you which the investors are
looking to hear and they help you raise
the right amount of money with help you
value that idea that you are planning to
create the value proposition from day
one so that you don’t realize after few
rounds of funding yeah
shit maybe I should have hired a
financial consultant before so you
should have done that on day one and the
final step is pitched to an investor now
don’t pitch your idea because every time
you visit an investor they’re gonna ask
you left and right and centers about
your ideas don’t do that pitch yourself
because when they’re questioning you
about your idea is actually trying to
know more about you so you need to pitch
yourself not the idea it’s all about
execution see execution is the key now
you build a space shuttle and you want
to send it to the moon but if there are
some execution problems if it doesn’t
lifts off there’s no point of making
space shuttle it needs to lift off and
for that the execution is very important
and that’s how you’re going to make a
very successful company the final thing
I want to end my talk with a small story
about a frog now I saw the story online
on some YouTube they were a group of
frogs stuck in a well everyone’s trying
to get out of the bed but there was this
one frog who was very persistent with
the approach you were just jumping out
trying a game and a game and again the
walls are very slippery the other frogs
told him he was please don’t jump up
kihachi account would set there stay
here with us comfortably in this well
but the Frog continued and one day he
was able to jump out of the well
can anyone guess here how did he manage
to do that exactly the Frog was deaf and
that’s what entrepreneurship is all
about sometimes you need to be deaf just
to continue and not focus on what others
are saying just continue what you want
to do thank you you