Indian Startups18mo
by QuirkyPenguinFounder
Deterrent for starting up
What are your reasons to not start up, in case you wanted? What challenges you know of and still started?
ZestyQuokka
What is stopping you from starting up your own company?
6mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
ZestyQuokka
Stealth6mo
I'll start
I don't have generational wealth to fall back on. Have a little saved up cash, which I fear will dry up finding PMF. Then I'll have to go back, now with dejection
GroovyNoodle
Stealth6mo
I am working on Exponent as a side project but want to pursue it full time. Reason is similar to yours, I'm early in my career (<4 yoe) and don't have a lot of savings to fall back on. Currently raising a preseed round
GroovyNoodle
Stealth6mo
Some context: Exponent is an exchange where you can invest in creator stocks to build wealth for yourself. Launched with the fantasy app (real money app will be launched soon): https://www.exponent.club
ZestyQuokka
Stealth6mo
Can you share more on your journey of raising funds?
GigglyMuffin
Zolve6mo
I can’t raise money to save my life. Something about pitching ideas to investors was not built into me. Furthermore I can spend millions of my own money, if and I had it, rather then spending $100 of someone else’s. Will give me endless sleepless nights and anxiety.
I have created and scaled two SaaS products in the past to the 0-1 stage. But could never force myself to take money from the 3Fs or external investors. So the 1-10 journey never happened.
ZestyQuokka
Stealth6mo
This is why you need Co-founders
GigglyMuffin
Zolve6mo
Agreed. Will add it to my xmas list.
In all seriousness, it falls into the 3Fs category I mentioned above. Friends family and fools are the first people I would tap to be a cofounder. But not open to sharing the burden with them.
Finding a co founder outside your circle is a Hail Mary.
PrancingPotato
Stealth6mo
Umm…
- Idea (Right problem to solve)
- Courage (Leaving job and starting up)
- Patience (Start up is a long game before you start generating profits)
- Skills (I guess I am not that skilled to get all the pieces moving all by myself)
GigglyPickle
Stealth6mo
Myself
GigglyBoba
Stealth6mo
had started up earlier once and shut it down but will startup again when I have experience in scaling up products or experience of running a company with atleast 100-200 employees or more
- My problem am alone and startup is not for a one man game
- I don't want investors money until I have enough confidence to utilise to efficiently.
ZestyPenguin
Student6mo
This is why
SquishyQuokka
Gojek6mo
We pick and choose the game we play and I don’t want to play this game for now.
SnoozyDumpling
PayU6mo
Mostly in same boat. Experienced. Have started company before but shutdown for scaling issues. Confident can build a product that'll solve a problem. Bring a few other skills to the table. Willing to meet in person and discuss ideas in Bengaluru
PrancingJellybean
Why scaling issues occurred? Could you explain a bit more so that we can learn something?
PeppyDumpling
Zepto4mo
Identifying the right problem that people are looking for and also something that my skillset can solve.
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by BouncyNarwhalCo-Founder
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Today I had an interesting altercation with few members of the community. They all seem to dislike the idea of leaving a high paying job, and joining a startup after taking a pay cut, but with sizeable ESOPs, equity. You also have intere...
Top comment
Joining an Indian startup sounds like hitting yourself in the foot IMO. They are notorious for shitty WLB, strict dea...