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 – https://www.instagram.com/drriteshmalik/
Ritesh Malik’s LinkedIn – https://www.linkedin.com/in/drriteshmalik/
Ritesh Malik’s Twitter – https://twitter.com/drriteshmalik
Ritesh Malik’s Email- info@drriteshmalik.com
Book Recommendation – The White Tiger
https://amzn.to/3a1wJyP
Y Combinator Application
https://www.ycombinator.com/apply/
Grow Your Business With Lapaas- Digital Marketing Institute and Agency.
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