Vijay Gupta, Co-Founder, and CEO, Think Future Technologies Pvt Ltd
Vijay Gupta is currently the Co-Founder and CEO of Think Future Technologies Pvt. Ltd. responsible for Product development as a service, rendering services to more than 100 clients in the USA, Israel, and India.
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Starting a business requires a lot of effort and commitment. It’s important to know what’s involved and if you’re suited to business and self-employment. We recommend you take some time to critically evaluate yourself and the challenges of owning a business. See if you’re ready to start a business with Vijay Gupta, Co-Founder, and CEO of Think Future Technologies Pvt Ltd who shares his wisdom with us today.
[00:33] About Vijay Gupta, Co-Founder, and CEO, Think Future Technologies Pvt Ltd
Vijay Gupta is currently the Co-Founder and CEO of Think Future Technologies Pvt. Ltd. responsible for Product development as a service, rendering services to more than 100 clients in the USA, Israel, and India by leveraging the potential of 350+ employees and in return driving operational excellence and customer delight for all the stakeholders.
[00:52] What made you an entrepreneur?
When I graduated, I never thought of leaving India and going abroad. My mind was always clear that I wanted to do a job for 4-5 years and then take up my own business.
[02:04] About Think Future Technologies Pvt Ltd.
Think Future Technologies was started in 2007. Prior to this almost 15 years, we had made products and the products were very successful, but we never became kind of a unicorn. The reason for the same way, we had a strong engineering background, but we were not so strong with market strategies and raising money.
TFT is a leading global Software Development & Testing Company based in Gurgaon, India. We have been empowering Fortune 500 companies to bridge the gap between ideas and reality, through innovative Software Solutions.
[04:37] What is product development?
The product development has a lot of pieces, we are focusing on the engineering aspect. Product development as a service focuses on either one or the whole nine yards. In product development, a lot of things do not need to be automated. It could be a combination of manual and automated solutions.
[07:04] About the InPage platform
With the advent of MS Windows in 1990, Vijay decided to take a leap of faith and formed an entrepreneurial venture along with his batch mate to develop high-end language solutions on the PC platform. This resulted in the In Page platform with a variety of language solutions for the Japanese, Perso-Arabic, and Indian language markets.
[09:32] Going solo vs. having a Co-founder
It is very valuable to have a Co-Founder. The role definition should be very clear. You are able to discuss approaches and business matters, and you are able to fine-tune your strategy.
Being a solo entrepreneur is a very lonely job.
[11:04] Qualities of an entrepreneur
- Ability to prioritize
- Doing more with less
- Having a breadth of knowledge
[12:54] Why do start-ups fail?
The top three reasons are related to three things:
- The product
- The customer
- The money
[14:38] Should one bootstrap as long as possible or raise money?
My advice would be to bootstrap. You have to bootstrap, you have to prove a concept, and nobody will give you money unless you are bootstrapped.
[18:54] Core values Vijay believes in
- Bias for execution
You can connect with Vijay Gupta- LinkedIn
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Vijay Gupta is currently the founder and CEO of Think Future Technologies Pvt. Ltd. responsible for Product development as a service, rendering services to more than 100 clients In USA, Israel and in India by leveraging the potential of 350+ employees and in return driving operational excellence and customer delight for all the stakeholders.
A veteran professional with 36 years of varied experience across Product and Solution development across multiple verticals. He started his career as a software engineer and worked on telephony solutions in C-DOT followed by Indian and other non-roman language based development on Apple Macintosh in late eighties.