Young Inspirations - Sahil Parikh
Sahil Parikh (28)
Founder, Deskaway that tracks People, Projects and Businesses
Seed capital-Rs 20 lakh. Current turnover-around Rs 40 lakh
This University of Carolina mathematical science graduate started Deskaway because he wanted to change India's perception of being a low cost service country that was incapable of building a quality product unless directed from abroad. With a knack for founding new things, he started with an entrepreneurship society in his university following this up with his own web design and development consultancy in 2002 called Synage and finally, Deskaway. The big challenge came when he made the switch from a software service business to a product business. While a service business starts earning from day one, a product requires time, effort and money and is slow in revenue generation. Yet, he believes that if thought out correctly, getting off the ground with one's own funds is the best way to grow a business organically. The best part of being an entrepreneur was playing by one's own rules. His mantra-focus on the core value proposition and drive that through to your customer. Be willing to change course if needed. Ask yourself, why you want to start a new venture? Is it just money or a higher purpose? Do not hire experts-its a joy in helping a developer learn new things to create a win-win situation. Build a small, motivated team, keep things simple, stay focused, use less capital-intensive methods, outsource what is not core and monitor everything on a daily basis
0 comments:
Post a Comment