Sramana Mitra: Yash, I agree with you on workflow automation and very precise domain-specific AI being a much better opportunity to build businesses and do startups in than boiling the ocean and trying to do something much broader. In general, in startups, I don’t think broad brushed approaches work very well. They just burn a lot of capital. They don’t really produce very effective companies.
>>>According to a recent report, the global generative AI market is expected to grow 34% annually over the next few years to reach $255.8 billion by 2033 from $13.5 billion in 2023. It is no surprise then that companies big and small are all reaching out to expand their presence in the industry.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Services companies are easy to bootstrap, but often, they grow slowly in the beginning. How do you accelerate? This discussion with Mindbowser CEO Ayush Jain is about the levers of acceleration.
Sramana Mitra: All right, Aayush, let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, what kind of background?
Ayush Jain: I was born and raised in a city in India called Agra, which is famous for the Taj Mahal. I was born into a middle-class family; education was the focus of the choices that our parents made. They always made sure that we were in the best of the schools possible. I did an integrated post-graduation course in computer science and management from Gwalior. It was a unique program, where you learn both tech as well as management. In introspection, it was a great program and it was a good experience.
Yash Hemaraj is General Partner at BGV, and Founding Partner at Arka Venture Labs. This is a very interesting discussion that goes into the nuances of high velocity Positioning and Go To Market strategies.
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Purple Rain III
Purple Rain III | Sramana Mitra, 2022 | Watercolor, Ink | 8 x 8, On Paper
Sramana Mitra: Can you give me an example of a Lego block that AI has enhanced? What was the Lego block and what did AI do to enhance that Lego block?
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Purple Rain II
Purple Rain II | Sramana Mitra, 2022 | Watercolor, Ink | 8 x 8, On Paper
Entrepreneurs are invited to the 658th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 10, 2024, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!