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Founders Unfiltered
Ep 104: Unlocking Credit for the Next Billion Indians ft. FinBox
May 5, 2024
Rajat Deshpande, Co-founder and CEO of FinBox, shares his compelling journey from tech and analytics to democratizing financial services for millions of unbanked Indians. He discusses the innovation behind FinBox’s lending platform, highlighting how it simplifies credit analysis. Rajat also dives into the valuable lessons learned from analytics and the balance between stubbornness and adaptability in entrepreneurship. With an optimistic outlook, he explores the burgeoning potential of the B2B SaaS landscape in India and the importance of customer feedback in shaping successful software.
32:57
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Quick takeaways
- Entrepreneurs can harness their stubbornness as a strength, but must learn to balance it with effective decision-making for sustainable success.
- FinBox's pivot from consumer tech to a B2B SaaS model demonstrates the importance of adapting to enterprise needs for credit intelligence solutions.
Deep dives
The Stubbornness of Entrepreneurs
Entrepreneurs are often characterized by an extreme level of stubbornness, which can be both a strength and a hindrance. This trait is essential for navigating the challenges of building a startup, as it fosters resilience and determination. However, this stubbornness can lead to a reluctance to abandon unviable ideas, making it crucial for entrepreneurs to develop good decision-making skills over time. Through experience, entrepreneurs learn to balance their tenacity with the necessity of letting go of ineffective strategies to pave the way for success.
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Discover
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