this is the story of my first startup that failed as my first startup failed I
that failed as my first startup failed I
that failed as my first startup failed I was supposed to join the MMC’s which had
was supposed to join the MMC’s which had
was supposed to join the MMC’s which had come to the college take the placement
come to the college take the placement
come to the college take the placement and go to Bangalore living in Bangalore
and go to Bangalore living in Bangalore
and go to Bangalore living in Bangalore in the silicon city of India gradually
in the silicon city of India gradually
in the silicon city of India gradually over a time period of a year I started
over a time period of a year I started
over a time period of a year I started to realize and actually find who were
to realize and actually find who were
to realize and actually find who were the happy people and the not so happy
the happy people and the not so happy
the happy people and the not so happy ones in this big city happiness was all
ones in this big city happiness was all
ones in this big city happiness was all about a double-digit increment a 50%
about a double-digit increment a 50%
about a double-digit increment a 50% hike in salary when you switch the
hike in salary when you switch the
hike in salary when you switch the company what more a heart filling
company what more a heart filling
company what more a heart filling weekend spent with friends but friends
weekend spent with friends but friends
weekend spent with friends but friends these friends vanished as soon as you
these friends vanished as soon as you
these friends vanished as soon as you moved from your company to another one
moved from your company to another one
moved from your company to another one it was a pre-designed track for everyone
it was a pre-designed track for everyone
it was a pre-designed track for everyone where one would come stay and spend
where one would come stay and spend
where one would come stay and spend according to their level of need or
according to their level of need or
according to their level of need or capability I was losing the track of a
capability I was losing the track of a
capability I was losing the track of a happy life I was losing the control over
happy life I was losing the control over
happy life I was losing the control over my love my life and gradually I was
my love my life and gradually I was
my love my life and gradually I was losing my peace of mind I thought we
losing my peace of mind I thought we
losing my peace of mind I thought we were here to chase our dreams to make a
were here to chase our dreams to make a
were here to chase our dreams to make a career to find something for ourselves
career to find something for ourselves
career to find something for ourselves to accomplish big deals in our lives
to accomplish big deals in our lives
to accomplish big deals in our lives that the society our family and our
that the society our family and our
that the society our family and our friends expect from us but what’s going
friends expect from us but what’s going
friends expect from us but what’s going on here
on here
on here we were just losing the pace of our
we were just losing the pace of our
we were just losing the pace of our lives I thought it was the time to hold
lives I thought it was the time to hold
lives I thought it was the time to hold the horses
the horses
the horses it was the time to pack the bags and
it was the time to pack the bags and
it was the time to pack the bags and start finding the real meaning of
start finding the real meaning of
start finding the real meaning of happiness I left my job came back home
happiness I left my job came back home
happiness I left my job came back home and started looking for answers
and started looking for answers
and started looking for answers where was the answer my answer lied in
where was the answer my answer lied in
where was the answer my answer lied in my personal finance
my personal finance
my personal finance I lost the track of my own personal
I lost the track of my own personal
I lost the track of my own personal finance how do I spend my hard-earned
finance how do I spend my hard-earned
finance how do I spend my hard-earned money how do I spend my parents hard
money how do I spend my parents hard
money how do I spend my parents hard earned money now with a lot of research
earned money now with a lot of research
earned money now with a lot of research lot of study and getting into a lot of
lot of study and getting into a lot of
lot of study and getting into a lot of fieldwork where I would meet a lot of
fieldwork where I would meet a lot of
fieldwork where I would meet a lot of professionals from finance studying from
professionals from finance studying from
professionals from finance studying from the documentation is done by say B the
the documentation is done by say B the
the documentation is done by say B the Securities Exchange Board of India and I
Securities Exchange Board of India and I
Securities Exchange Board of India and I asked em and a lot of local bodies I
asked em and a lot of local bodies I
asked em and a lot of local bodies I tried to meet as many Expos I could I
tried to meet as many Expos I could I
tried to meet as many Expos I could I try to figure out what’s the basic
try to figure out what’s the basic
try to figure out what’s the basic mantra behind the happiness behind them
mantra behind the happiness behind them
mantra behind the happiness behind them peace of mind and behind your very own
peace of mind and behind your very own
peace of mind and behind your very own personal finance
personal finance
personal finance [Music]
[Music]
[Music] during my second startup which is a
during my second startup which is a
during my second startup which is a social enterprise where I work around
social enterprise where I work around
social enterprise where I work around financial literacy I found out two very
financial literacy I found out two very
financial literacy I found out two very common things from where I started from
common things from where I started from
common things from where I started from and where I was if you look at this
and where I was if you look at this
and where I was if you look at this picture there’s one thing common like
picture there’s one thing common like
picture there’s one thing common like except for me if you look behind me in
except for me if you look behind me in
except for me if you look behind me in the pictures towards my right I have
the pictures towards my right I have
the pictures towards my right I have people behind me this is the picture
people behind me this is the picture
people behind me this is the picture when I joined a multinational company in
when I joined a multinational company in
when I joined a multinational company in Bangalore it was with the first training
Bangalore it was with the first training
Bangalore it was with the first training room all the engineers all the selected
room all the engineers all the selected
room all the engineers all the selected people who had reached their destiny
people who had reached their destiny
people who had reached their destiny after the college and on my left
after the college and on my left
after the college and on my left that’s a picture from governments school
that’s a picture from governments school
that’s a picture from governments school in a rural area these were the student
in a rural area these were the student
in a rural area these were the student who were attending a session conducted
who were attending a session conducted
who were attending a session conducted by us so the common thing between them
by us so the common thing between them
by us so the common thing between them is beat them the engineers or be these
is beat them the engineers or be these
is beat them the engineers or be these the school students both of them were
the school students both of them were
the school students both of them were financially illiterate most of us
financially illiterate most of us
financially illiterate most of us sitting over here have a lot of
sitting over here have a lot of
sitting over here have a lot of intellect a lot of knowledge and we
intellect a lot of knowledge and we
intellect a lot of knowledge and we understand a lot of things but finance
understand a lot of things but finance
understand a lot of things but finance my own personal finance nobody taught me
my own personal finance nobody taught me
my own personal finance nobody taught me that in school
that in school
that in school nobody taught me that in college and
nobody taught me that in college and
nobody taught me that in college and even after that I could not find anyone
even after that I could not find anyone
even after that I could not find anyone teaching me my personal finance talking
teaching me my personal finance talking
teaching me my personal finance talking about the moment when you actually
about the moment when you actually
about the moment when you actually realize how would a step-by-step thing
realize how would a step-by-step thing
realize how would a step-by-step thing work with finance work with starting up
work with finance work with starting up
work with finance work with starting up work with your learnings coming to the
work with your learnings coming to the
work with your learnings coming to the main point of my talk over here
risk failure and learning these are the
risk failure and learning these are the three vitals of any activity that we do
three vitals of any activity that we do
three vitals of any activity that we do today we cannot ignore taking risk if
today we cannot ignore taking risk if
today we cannot ignore taking risk if you take risk we cannot avoid a failure
you take risk we cannot avoid a failure
you take risk we cannot avoid a failure but my friends if you haven’t failed you
but my friends if you haven’t failed you
but my friends if you haven’t failed you haven’t learned for real if you haven’t
haven’t learned for real if you haven’t
haven’t learned for real if you haven’t accepted a failure you haven’t had the
accepted a failure you haven’t had the
accepted a failure you haven’t had the experience of the real courage and if
experience of the real courage and if
experience of the real courage and if you’re not learning from that failure my
you’re not learning from that failure my
you’re not learning from that failure my friend you still need an awakening
friend you still need an awakening
friend you still need an awakening talking about how the modern-day
talking about how the modern-day
talking about how the modern-day startups work modern-day startups work
startups work modern-day startups work
startups work modern-day startups work on taking a risk quickly failing quickly
on taking a risk quickly failing quickly
on taking a risk quickly failing quickly and learning quickly quickly
and learning quickly quickly
and learning quickly quickly quit learning with the help of
quit learning with the help of
quit learning with the help of technology we are able to compress these
technology we are able to compress these
technology we are able to compress these failures on a smaller scale and expand
failures on a smaller scale and expand
failures on a smaller scale and expand the learnings on the larger scales now
the learnings on the larger scales now
the learnings on the larger scales now it’s not just about starting up risking
it’s not just about starting up risking
it’s not just about starting up risking failing learning analysing innovating
failing learning analysing innovating
failing learning analysing innovating moreover a financial discipline is a
moreover a financial discipline is a
moreover a financial discipline is a catalyst which actually works when you
catalyst which actually works when you
catalyst which actually works when you take that risk when you are ready to
take that risk when you are ready to
take that risk when you are ready to fail when you are open to learn talking
fail when you are open to learn talking
fail when you are open to learn talking about financial discipline what’s
about financial discipline what’s
about financial discipline what’s financial discipline okay to some it
financial discipline okay to some it
financial discipline okay to some it might sound like a very big deal
might sound like a very big deal
might sound like a very big deal financial discipline oh my god very big
financial discipline oh my god very big
financial discipline oh my god very big words but on your personal level
words but on your personal level
words but on your personal level financial discipline is just sticking to
financial discipline is just sticking to
financial discipline is just sticking to the terms for a particular period of
the terms for a particular period of
the terms for a particular period of time that’s it I have 500 rupees in my
time that’s it I have 500 rupees in my
time that’s it I have 500 rupees in my pocket I will not spend it for next two
pocket I will not spend it for next two
pocket I will not spend it for next two days or maybe I’ll spend them today for
days or maybe I’ll spend them today for
days or maybe I’ll spend them today for an activity and ever spelt them today
an activity and ever spelt them today
an activity and ever spelt them today it’s just about sticking to your terms
it’s just about sticking to your terms
it’s just about sticking to your terms for a particular period of time talking
for a particular period of time talking
for a particular period of time talking about starting up in India starting up
about starting up in India starting up
about starting up in India starting up in India nowadays is more over in
in India nowadays is more over in
in India nowadays is more over in fashion in trend our government is
fashion in trend our government is
fashion in trend our government is supporting startups institutions are
supporting startups institutions are
supporting startups institutions are supporting startups everyone talks about
supporting startups everyone talks about
supporting startups everyone talks about startups but the stardom of startups is
startups but the stardom of startups is
startups but the stardom of startups is being confused with the rounds of
being confused with the rounds of
being confused with the rounds of funding two of my startups that I’m
funding two of my startups that I’m
funding two of my startups that I’m working on our bootstrap the term
working on our bootstrap the term
working on our bootstrap the term bootstrap means you have no external
bootstrap means you have no external
bootstrap means you have no external funding you are working from your own
funding you are working from your own
funding you are working from your own finances or you are spinning the wheel
finances or you are spinning the wheel
finances or you are spinning the wheel spinning the wheel in a start-up means
spinning the wheel in a start-up means
spinning the wheel in a start-up means you have customers who are paying who
you have customers who are paying who
you have customers who are paying who are paying for your services who are
are paying for your services who are
are paying for your services who are paying for your products well this is
paying for your products well this is
paying for your products well this is the most boring way to put it
the most boring way to put it
the most boring way to put it it could be more amusing how many round
it could be more amusing how many round
it could be more amusing how many round of funding do you have how many millions
of funding do you have how many millions
of funding do you have how many millions have come in how many investors do you
have come in how many investors do you
have come in how many investors do you have so the stardom of a startup is
have so the stardom of a startup is
have so the stardom of a startup is being confused with the amount of money
being confused with the amount of money
being confused with the amount of money it has raised in my words it’s more
it has raised in my words it’s more
it has raised in my words it’s more about creating value than the valuation
about creating value than the valuation
about creating value than the valuation it’s more about solving the problems
it’s more about solving the problems
it’s more about solving the problems then talking about them it’s more about
then talking about them it’s more about
then talking about them it’s more about finding a person in need and helping him
the only thing we need to take care
the only thing we need to take care about is the financial discipline the
about is the financial discipline the
about is the financial discipline the ability to take risk the boldness to
ability to take risk the boldness to
ability to take risk the boldness to accept your failures and the courage the
accept your failures and the courage the
accept your failures and the courage the courage to learn from them getting
courage to learn from them getting
courage to learn from them getting towards the end of this talk many of us
towards the end of this talk many of us
towards the end of this talk many of us in fact almost 90% of the people that we
in fact almost 90% of the people that we
in fact almost 90% of the people that we meet every day have a similar notion
meet every day have a similar notion
meet every day have a similar notion have a similar notion about things about
have a similar notion about things about
have a similar notion about things about things happening around and about our
things happening around and about our
things happening around and about our own daily routines now that’s called a
own daily routines now that’s called a
own daily routines now that’s called a bubble bubble of people you know the
bubble bubble of people you know the
bubble bubble of people you know the bubble of a society the bubble of the
bubble of a society the bubble of the
bubble of a society the bubble of the creatures around you the task of a
creatures around you the task of a
creatures around you the task of a person who wants to start up the task of
person who wants to start up the task of
person who wants to start up the task of a person who wants to create something
a person who wants to create something
a person who wants to create something new is to break that bubble and get out
new is to break that bubble and get out
new is to break that bubble and get out it’s not just about thinking out of the
it’s not just about thinking out of the
it’s not just about thinking out of the box as I said
box as I said
box as I said it’s about implementing that thinking
it’s about implementing that thinking
it’s about implementing that thinking with courage discipline and ability to
with courage discipline and ability to
with courage discipline and ability to learn by this time if I track the
learn by this time if I track the
learn by this time if I track the numbers and figures of all the things
numbers and figures of all the things
numbers and figures of all the things going around here we are creating a lot
going around here we are creating a lot
going around here we are creating a lot of data now why would I talk about
of data now why would I talk about
of data now why would I talk about financial literacy or personal finance
financial literacy or personal finance
financial literacy or personal finance and then come to data in this modern
and then come to data in this modern
and then come to data in this modern technology world everything we do is
technology world everything we do is
technology world everything we do is recorded we make a phone call we make a
recorded we make a phone call we make a
recorded we make a phone call we make a chat we chat on whatsapp or any other
chat we chat on whatsapp or any other
chat we chat on whatsapp or any other application we book a taxi online we
application we book a taxi online we
application we book a taxi online we order some food online we transfer any
order some food online we transfer any
order some food online we transfer any money whatever we do everything is
money whatever we do everything is
money whatever we do everything is recorded everything is recorded to
recorded everything is recorded to
recorded everything is recorded to protect your behavior please don’t be so
protect your behavior please don’t be so
protect your behavior please don’t be so predictable
predictable
predictable don’t become so predictable to the
don’t become so predictable to the
don’t become so predictable to the system that your habits make this
system that your habits make this
system that your habits make this phenomena of prediction into
phenomena of prediction into
phenomena of prediction into prescription today technology will give
prescription today technology will give
prescription today technology will give you an option that you may like this
you an option that you may like this
you an option that you may like this tomorrow if you are too much predictable
tomorrow if you are too much predictable
tomorrow if you are too much predictable for a very long period of time
for a very long period of time
for a very long period of time technology may tell you ok you liked it
technology may tell you ok you liked it
technology may tell you ok you liked it like this last month this month this is
like this last month this month this is
like this last month this month this is what you have because you were too
what you have because you were too
what you have because you were too predictable
predictable
predictable now I’m prescribing it to you so this
now I’m prescribing it to you so this
now I’m prescribing it to you so this level of prediction to prescription
level of prediction to prescription
level of prediction to prescription works with the data that we create every
works with the data that we create every
works with the data that we create every day the activities we do every day so
day the activities we do every day so
day the activities we do every day so kindly be cautious my friends don’t be
kindly be cautious my friends don’t be
kindly be cautious my friends don’t be too much predictable with your data
too much predictable with your data
too much predictable with your data don’t be too much open to the
don’t be too much open to the
don’t be too much open to the prescriptions make your own choice make
prescriptions make your own choice make
prescriptions make your own choice make your own choice
your own choice
your own choice walk your own party and try to lead
walk your own party and try to lead
walk your own party and try to lead alive which is just not full of theories
alive which is just not full of theories
alive which is just not full of theories not just full of things that have
not just full of things that have
not just full of things that have already been done and you spent the
already been done and you spent the
already been done and you spent the whole day or the whole all the days of
whole day or the whole all the days of
whole day or the whole all the days of your life in perfecting what has already
your life in perfecting what has already
your life in perfecting what has already been designed just take a step forward
been designed just take a step forward
been designed just take a step forward and find it for yourself thank you
and find it for yourself thank you
and find it for yourself thank you [Applause]
”
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