Sharad Lal, Entrepreneur and Podcaster

Sharad Lal, Entrepreneur and Podcaster

  •  Sharad has founded/Co-Founded and led a wide variety of ventures since creating his first business at the age of 23.

 

Podcast

Overview

Sharad has always been passionate about mentoring and coaching. Through the CKL mentorship program, he found fulfillment in helping people discover their career paths. This led him to connect with a deeper purpose and awareness that coaching impacts not only careers but lives holistically. He co-created MyLifehouse to demystify life coaching, expand its access, and help people find their authenticity. In Nov 2021, he launched a podcast How to Live, to reach a larger audience as we together explore ways to live a good, meaningful life.

00:41- About Mr. Sharad Lal

  •  Sharad Lal is an entrepreneur and a podcaster.
  •  Sharad has founded/Co-Founded and led a wide variety of ventures since creating his first business at the age of 23.
  • His ventures include a mid-size marketing agency, trendy dot com e-magazine, fitness tech aggregator, non-profit mentorship program, and now a life coaching platform.
  • Sharad started his career with world-class organizations such as BCG, P&G, and AON Hewitt across management consulting, marketing, and HR consulting.

01:27- What is the kind of work that you’re doing in my life house?

  • Even the most successful people, however, well they’re doing, often don’t have it all figured out.
  • Most people are struggling with something or the other, whether it’s relationships or work, which showed Sharad that this need to live a good life, to live a fulfilling life is universal.
  • That was the inspiration behind starting In My Life House, which is also co-founded by his wife.
  • That was the starting point, then they scaled it a little more, going into corporates and talking about resilience, mental health, emotions, things that are not very readily talked about.
  • Their objective is, in a small way, to have an impact on people’s life, which can help them in their journey to make their life more fulfilling

04:46- Were there any people who played a role in shaping the way you think today?

  • From his mother, he developed a sense of confidence that he can go out and do whatever he wants, even things he didn’t imagine, and he does the same with his coaching.
  • Sharad’s father had the big picture thinking. And quite often when people come to coaching, they’re upset about small details and things going wrong. Here Sharad helps them zoom out, look at the big picture and go on that path.
  • His wife has a sense of intuition, and emotional understanding of language around emotions, which is very important in coaching as it is talking emotion, having the right language and intuition.

06:25- What has evolved or changed in the world of coaching?

  • What coaching does is helps people understand who they are and their authentic selves.
  • Having an outsider with who you can do it, with who you can talk without fear, you can bring out the exact thoughts, you don’t feel bad about it, who holds the space for you while you explore your own self, and then helps you understand your authenticity, who you really are, beyond all influences of family, friends, seniors, etc., so you can build yourself back in terms of your value.
  • According to Sharad, that has become really important now, where people are looking to be their authentic selves, reclaim who they are, and then through that launch move forward.

08: 15- How does culture impact coaching?

  • Culture does have a huge impact.
  • According to Sharad, in terms of how culture affects us as we go along, coaching is easier for a developed person, than for a person from a developed country. However, people from developed countries struggle to find their individual sense away from friends and family.
  • In terms of coaching someone, it’s not necessarily people of the same culture that can work best with each other.
  • Coaches from different cultures, show the mirror to us in a very simple way as to how we are thinking, which lets us understand the webs that we are tangled in, which then of course helps them grow.

10:45- How is coaching millennials and Gen Z different from older leaders?

  • According to Sharad, a lot of the millennials and Gen Z’s are already a little more aware of who they are, they already know what they want.
  • They’re a little more individualistic, they don’t have too many barriers, and are open to change a lot more than the older leaders.
  • For older leaders, it’s a little difficult to unlearn and untangle and do things
  • From life experiences, the older people understand that life does involve some other suffering and hard work and are willing to put in the work, which the younger generation may find difficult.

14:07- At what stage should one think of creating a startup?

  • According to Sharad, his approach to this would be to look at it holistically.
  • A few questions to ask oneself-Where are you in life right now? Can you take the risk? If that’s the urge coming to you to be an entrepreneur? Can you take the risk from a money standpoint?
  • So looking at your life holistically to see where you are because it’s not just one decision, it’s one that falls into part of a hole, and then see whether it is okay to do it or not.

16:05- What were some of the challenges you experienced?

  • The biggest challenge faced by Sharad was isolation. At the time he started his company, he worked alone at home.
  • Challenges with finance also took a toll on his social life.
  • Working as a new entrepreneur also led to issues with confidence.
  • An entrepreneur needs to be financially savvy in order to successfully conduct business and raise funds.

18:59- Three key milestones of your life?

  • The first milestone was getting into IIM Calcutta, which gave his confidence a huge boost.
  • The second starting a business, especially at the early stage, which became profitable in year one, that too in a foreign company.
  • The third is this new project, on MyLifeHouse, which is a lot more purpose-driven.

RESOURCES:

You can connect with Sharad Lal- LinkedIn

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Profile

  • Sharad Lal is an entrepreneur and a podcaster.
  •  Sharad has founded/Co-Founded and led a wide variety of ventures since creating his first business at the age of 23.
  • His ventures include a mid-size marketing agency, trendy dot com e-magazine, fitness tech aggregator, non-profit mentorship program, and now a life coaching platform.
  • Sharad started his career with world-class organizations such as BCG, P&G, and AON Hewitt across management consulting, marketing, and HR consulting.

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