My presentation at The Rotary Club Amritsar where I was given the opportunity to share my experiences about starting Statusbrew, a global business from a small city in front of the elites of the city.
I hope to encourage youth of the city to take more initiatives and start their businesses and contribute to the economy.
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Starting up in a Small City
1. Starting up in a Small City
Business by Youth
Rishabh Mahajan
Chief Technology Officer
3. The Founding Team
Our Goal: Put Amritsar on the Global Technology Business Map
Tushar Mahajan Rishabh Mahajan
B. Tech IIIT Hyd
Founder Unfollowers
Founder Mapify
Google Summer Of Code
B. Tech IIT Delhi
Ex Metaps (Japan)
Ex Rakuten (Japan)
Ex Favorite Medium (SG)
4. 1. Live in a place that we like
2. Be surrounded with the people we care about
3. Work on things we are passionate about
5. ?Build a strong team
?Double our revenue
(from 400K USD to 800K USD ARR)
?Build a community of Youth
Goals
2015-2016
7. Infra
Service Industry
Professionalism
- Your internet will be installed
today
(Doesn’t install in 7 days)
- Your internet will be back in 15
min
(Internet doesn’t work for the whole day)
- There is a half day electricity cut
(Our area is different! 1 day)
- NRE Bank Account for
Foreigners
(2 months, still haven’t opened)
- We don’t rent apartments to
Bachelors!
- Cat-calling on Girls or Foreign
Nationals
8. Recruitment
Getting our first set of team
members
- Only 2 BOYS ?
(Not a safe place, even if our parents live there)
- Cool, Amazing Workspace!
(But No)
- Can my parents come for the
interview?
(2 interviews are taken)
- What is the business?
(After 30 minutes of explanation)
- I have XYZ skill (on resume)
(Never used it, read about XYZ somewhere)
9. Work Ethics
Working with our team initially
- I am only 1 hour late!
(Event after pointing out > 10 times)
- This task will take me 2 days
(Doesn’t complete even after 7 days)
- (Today) I don’t have that skill!
(+1 month) I don’t have that skill!
(+2 months) I don’t have that skill!
- My task XYZ has been complete
(Except the Zth
subtask)
20. With more
Startups
High Paying Jobs
(highest revenue per employee)
Influx of Global TalentMore people from outside come to the
city
Increased quality of services with
increased spending
Increased exposure to locals
More opportunities for local
businesses
Improved Service Quality
Business Opportunities