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Building a Feature vs Creating a Product | Simran Singh - E30
Manage episode 433153769 series 3554714
Indhold leveret af Abhinav Sinha. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Abhinav Sinha eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Simran Singh narrates his entrepreneurial journey from his college days at Duke University to co-founding Zogo, a financial education platform which was eventually acquired by Peak Six. He elaborates on the challenges of early-stage startups, the pivoting of Zogo, and decision-making processes related to product development and market targeting. Simran also introduces his new venture, SwayStack, while providing valuable insights on growth, partnerships, and maintaining an entrepreneurial mindset. Additionally, the episode explores influential books like 'Poor Charlie's Almanac' by Charlie Munger, favorite tools and tech stacks like Notion, JIRA, GitHub, Figma, Google Drive, AWS, and Dynalist, and shares advice on resilience, support systems, and customer engagement. The conversation wraps up with anticipation of the next guest's insights into the role of mentors or advisors. If you’re looking for the motivation and insight needed to build a successful startup, this episode is for you.
Key Takeaways:
• How will you know when to invest in an initial MVP?
• Calculating market size to predict scalability
• How working with private equity can be beneficial to your long term vision
Key Timestamps:
(00:00) - Introduction
(01:31) - Simran’s Indian Family Influence
(04:40) - Challenges and Learnings from Zogo
(14:39) - Navigating Early MVPs
(29:25) - Balancing Risk and Stability
(35:50) - Zogo's Business Development Strategy
(36:23) - Sales and Marketing
(38:36) - Total Addressable Market (TAM)
(46:50) - Acquisition by Private Equity
(55:27) - Post-Acquisition Reflections and New Ventures
(59:12) - Rapid Fire Questions and Resources
(01:07:40) - Final Thoughts
Key Topics Discussed:
Funds and Founders, Austin Texas, Abhinav Sinha, entrepreneurs, startups, venture capital
Mentions:
LinkedIn: https://www.linkedin.com/in/esimran/
Check out the Funds & Founders Community:
Reach out to Abhi at abhinavsinha.podcast@gmail.com
Website: fundsandfounderspodcast.com
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