Published On Premiered Jan 24, 2021
How to start a business? How to raise funding? Planning to start a business? Our Guest Dr Ritesh Malik founder of @Innov8 Coworking will tell you everything about business, his mistakes, learnings and many interesting things. Watch the video to know more.
0:00 - Introduction
0:53 - Dr. Ritesh Malik's journey
6:12 - Initial Investment for the Startup
6:48 - When was Break-even achieved?
7:00 - Marketing Strategies in the initial phase
9:17 - Cost of one seat
9:28 - Major Challenges and their solution
12:34 - Equity Dilution in the first round
12:52 - How much Equity should be diluted in the starting?
13:40 - Explanation of different Funding Rounds
15:13 - Y Combinator Experience
17:20 - More about Education System
17:52 - Meeting the co-founder of Airbnb
19:03 - Hiring talent in the starting
21:35 - More about ESOPs
28:03 - How much ESOP should be diluted?
29:14 - Innov8's ESOP
28:48 - How to get funding from Dr. Ritesh Malik?
33:13 - Importance of SALES
34:45 - How does he calculate valuation?
36:52 - How does he manage his Personal Finance?
40:42 - Dr. Ritesh Malik Investment Framework
49:50 - Importance of Writing
50:25 - RAPID FIRE QUESTIONS (Don't Miss)
52:20 - Industries he is Bullish on in the future
52:41 - Advice for a Student
53:09 - One message for the viewers
Ritesh Malik's Instagram - / drriteshmalik
Ritesh Malik's LinkedIn - / drriteshmalik
Ritesh Malik's Twitter - / drriteshmalik
Ritesh Malik's Email- [email protected]
Book Recommendation - The White Tiger
https://amzn.to/3a1wJyP
Y Combinator Application
https://www.ycombinator.com/apply/
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