Last week, Inc42 hosted Wingify cofounder Paras Chopra in its ‘Ask Me Anything’ session to analyse entrepreneurship from the perspective of First Principles of Thinking. Chopra had cofounded SaaS-based Wingify in 2009, along with Sparsh Gupta. The company, whose flagship is a website testing platform product VWO, is one of the few Indian companies to have reached about $23 Mn ARR mark while being bootstrapped.
In a conversation with Inc42 cofounder Vaibhav Vardhan, Chopra deconstructed first principles thinking from the point of view of prioritising facts rather than confirming biases. Applying this line of thinking to the biggest question for entrepreneurs currently — whether to go remote or back to the office — Chopra said he would focus on internal reflection, rather than reading articles or anecdotes on the same as context varies from company to company.
This means that the entrepreneurs should look at the organisation, customers, employees, sort of interactions that happen on a day-to-day basis, and how the work gets done in the organisation, alongside other internal working of the company. He emphasised that context differs from country to city to sector to target market.
Chopra also emphasised on understanding the context before taking any decision. He believes that a lot of business advice has the potential to harm entrepreneurs. “For making good decisions, I think context is everything and is a reflection of the map not being tentative,” he added.
Previously, Inc42 has hosted venture capitalists (VCs) like Siddharth Pai, founding partner at 3one4 Capital and GV Ravishankar, managing director at Sequoia India and other imminent names like POSist’s Ashish Tulsian, Dunzo’s Kabeer Biswas and Zoho’s Sridhar Vembu in its ‘Ask Me Anything’ series to discuss the new opportunities and resets in the Indian startup ecosystem.
As we step into a new week, here’s a list of upcoming events:
Develop A Successful HealthTech Startup
Atechup Technologies is hosting a series of webinars to help budding entrepreneurs to start their own healthtech venture. The webinar will help entrepreneurs learn and navigate through tools, software, hardware, platforms, resources, projects, processes, methods and strategies to penetrate your own Healthcare Tech Startup Business into different markets and industries.
The Sessions Will Focus On:
- Healthcare Startup Basics
- Healthcare Tech Startup Ideas
- Business Platform
- Business Formation
- Startup Coding
- Startup Hardware/Prototyping
- Startup IT Operations
- Startup Consulting
- Startup Management
- Tech Workshops
Who Should Attend: Budding Startups
Date: June 15, 2020
Time: 1:00 PM To 5:00 PM
Venue: Virtual Event
Click Here To Register! In order to boost the use of blockchain technology, the Blockchain Smart Solutions is hosting a webinar. It will focus on empowering youth with knowledge and understanding of Blockchain technology. Focus Area: Who Should Attend: Entrepreneurs, Budding Startups
Blockchain Express Webinar
Date: August 13, 2020
Time: 3:30 PM to 5:30 PM
Venue: Virtual Event
In order to boost the use of blockchain technology, the Blockchain Smart Solutions is hosting a webinar. It will focus on empowering youth with knowledge and understanding of Blockchain technology.
Who Should Attend: Entrepreneurs, Budding Startups