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Community > Akshay Kinger
Akshay Kinger

Akshay Kinger

CEO

Foofys

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Akshay Kinger is a member of:

startupcity - Expert
Brief about company, offerings and foundation of the company

We always preferred bad company
throughout our childhood! This time around we preferred the other one. Our good
company's name is foofys. Yes! its the one with the big O. Five: never did I
know five people could change the world. Yes! five crazy maniacs decided to
encapsulate the world and the internet with the next generation Social Media
tool. Thus, formed the good company foofys in the Silicon valley of India:
Bangalore. Offerings: foofys is a mobile app which brings relevance to your
world. fooys allows people or businesses to interact with their friends or
clients and share a common interest among each other in a club. foofys allows
every user to create, join and engage in clubs. After reaching 2012, when the
world ends they say, we thought we should create another world: Hence, began
the creation of the blueprint of this new world in five minds back here in the
silicon city : Bangalore. Yes! The new world is named foofys. We bet this one
would never end.

Risks involved in business and way of addressing

RISKS:Losing the architects behind
this great work.Immediate acceptance in the market. Capital required for
marketing. Way of addressing-Market research and  forecasting is what foofys has believed in
which instills confidence in the five of us.

Most critical decision
Being from the non-technical background hiring developers was quite a task.Our strategy to hire them just revolved solely on their attitude and smartness quotient.Lucky or not, it worked!
Some of the difficulties faced while building product/ solution

The development team had to learn
technologies on their own without formal training.

Three big lessons/ mistakes encountered while building company
Don't
trust too soon. Don't assume. Always keep testing the product in various ways.
Different actions if I rebuild my company from scratch all over again

I would not hold back from marketing
the most viable product. I will invest a lot more in marketing.

Motivation and Drives factor

The possibility of changing the
world. The possibility of technology shaping a better future for a change. The
possibility of India being the factory for innovation.The possibility of
creating jobs for my country and our world.

Unique about my way of motivating troops

Lead by example is the right way. Giving
a task to our team which they cannot accomplish is the wrong way. It would only
dampen their spirits.

Way of choosing my people

They should live for a dream.

The challenges and lessons learnt to get first customer

Pitched and networked. Everyone in
the world is not your friend. They are clients so treat them like one and give
them what they want.

Experience of reaching out to potential investors

Received a lot of traction from many
investors but we would like to go ahead with it at a later stage.

My role at different dimensions as the company evolved

Visionary----HR----business
developer

My thoughts related to entrepreneurship/ leadership and management

If you think you can or you think
you can't. Either way you are right!

Best company I admire globally

Google: Highly innovative and
brilliant technology philosophy.

Advice for fellow entrepreneurs

Never give up. Be flexible as water!

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