He left his well-paid job to be an entrepreneur, he moved out from his penthouse to finance his business, he left almost everything to be his own instructor. Then he failed and was left with almost nothing but he didn’t give up, he stayed focused. He never believed in making the sky his limit because he desired to go beyond the sky and aimed to nurture startups and that’s what made him the founder of Innovify. Here is Maulik’s slice of life in the form of interview at The Chrissy B Show.
Maulik Sailor, founder and CEO, Innovify shared his thoughts and experiences on product management and nurturing startups. This interview was published on the Star Business Podcast – a speciality show that interviews Founders of tomorrow’s fast growth, niche dominating businesses that could provide stellar shareholder returns.
We met some really bright & interesting entrepreneurs & product evangelists during the Product Talk we organised on October 12th, 2015 at 9 Devonshire Square, London. With an objective to brainstorm about what happens when you have an idea for a startup, we organised the meet to discuss on the topic ‘Everyone has an idea: What’s the biggest problem we face?’
Incubated at Innovify, Converza has been accepted to exhibit at the Alpha Web Summit, where it will be joining the founders of Slack, Stripe, Pixar, Tinder, OnePlus and more in Dublin this November!
Ram Punjani, Founder, Converza would be attending the web summit, which is a meeting place for the most interesting tech companies across all sectors, stages and geographies. It’s the “Davos for Geeks”.
It’s surprisingly common that startups don’t carry out enough research to back up the hypothesis around their idea. At times, they completely misunderstand the value proposition on which they build their product. In simple terms, they try to solve a problem which doesn’t exist or can easily be solved with alternative solutions.
There are about 47,000 digital startups in the UK alone. How many out of them do you think really succeed? Not even 50%, yes you read it right…NOT EVEN 50%! And possibly less than 10% will survive beyond the fifth year and achieve the exponential growth that everyone dreams of.
Having an idea is not enough and before you begin your startup journey, you need to have answers for some of the most fundamental questions about your idea
The team is EVERYTHING. Here are the most common mistakes that block creating a motivated team aligned to business growth:
Wasting time and focus trying to get all the skills in-house rather than using committed partners like Innovify to deliver the initial requirements, allowing owners to focus on the business side
Anyone who has talked to me in the last four months has heard me, at some point in the conversation, rant about the All-In-One platform trap. The trap is simple: there are lots of platforms out there with related services and/or products and our startup is going to centralise all of these into a single wildly successful platform.
The role of a product manager is absolutely critical to the development of a good product. While it is essential for them to work with their team like a well-oiled machine, it is also essential that a product manager be able to strategise and plan the product itself
Innovify inked an historic MOU with GVFL , ensuring its graduating startups an opportunity to get the perfect launch-pad. This MOU is another milestone towards the mission of Innovify to launch 100 products in 10 years via its incubation lab.
Innovify, a London-based tech foundry, successfully raised £174,000 crowd-funding round on Seedrs in January 2016.
A team should constantly focus on how they work, making sure that stories get done, & on how processes can be improved. In general, people don’t get continuous training for this, & it is just assumed that the average developer can do it ‘naturally’ or training the team only once will give them an Agile mindset.