Dr. Aravind Chinchure, CEO, Deshpande Startups; Author, The New Age Organisation
- Dr. Aravind Chinchure is the CEO of Deshpande Startups,
- He is the author of The New Age Organisation.
Podcast
Overview
Starting a Business is one of the biggest challenges any entrepreneur will face. There are many questions to answer at the very beginning when starting a business, but the most difficult one is the question of what exactly you want to do. Today we have Dr Aravind Chinchure, CEO, Deshpande Startups; Author, The New Age Organisation to talk about his experience of starting a business.
00:35- About Dr. Aravind Chinchure
- Dr. Aravind Chinchure is the CEO of Deshpande Startups,
- He is the author of The New Age Organisation.
- He has been credited with designing India’s first two-year MBA course on innovation and entrepreneurship.
01:08- About Deshpande Startups
- Deshpande Startups is a part of the Deshpande Foundation.
- This foundation came into the existence in the mid of 90s in the US.
- Our founder’s vision for India and the world is how do we build sustainable and scalable enterprises.
04:05- Startups of your funding
We have supported 250+ entrepreneurs with a massive impact in terms of economics.
Process:
- The core of the startup is the founder. I think that’s something which is very critical. We are founder focused, we are market focused.
- Our model is very different compared to the interventions that other incubators offer in the metro cities.
- We become their companion, we become their co-founder.
11:40- Going solo Vs. Having a Co-Founder
- I prefer co-founder.
- There are many reasons why we need a co-founder.
- There are huge risks associated with the startup
- It’s hard and challenging. In this whole process you require co-founders who can share responsibilities, resources, knowledge, and network.
13:36- Basic mistakes start-up founders make
- Their idea or a solution is the best, and they assume that the market is willing to buy their product.
- If there is no innovation in the product or a business model, the chance of success is very low.
RESOURCES:
You can connect with Dr Aravind Chinchure- LinkedIn
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Profile
Aravind has worked with multinationals and Indian companies formulating organic and inorganic strategies for their growth. After his corporate career, he served as a Chair Professor of Innovation and Entrepreneurship at the Symbiosis International University, Pune, India.
