Sign in to follow 's advice will appear in your account when you log in. Follow specific Community Members and never miss out on their views and insights. Build a group of Members who you want to listen to.

Email: Password:

Don't have SiliconIndia account? Sign up Forgot your password? Reset

Ask Damodar Puthiya for Advice

If your advice request is relevant to other Community members, our Editorial team may choose to send this request to all Experts to attract a wider range of answers and share them with the Community. Rest Assured, we will protect your privacy (unless you recommend otherwise).

Advice Request

Submit Cancel

Damodar Puthiya

Next Member >>

Damodar Puthiya

CEO

ICRG Labs

Damodar Puthiya is a member of:

- Expert

Brief about company, offerings and foundation of the company

iCRG Labs is founded in 2011, we are a leading software company with team of 45+ people specializing in Application and Game Development on Mobile, Windows and Mac OS platforms.Our constant innovation & research in mobile and web technologies enriched us to become one of the best players in the current market.

Risks involved in business and way of addressing

Like all other company, finding right talent/resource at right time has been challenging. Delivering quality services or product has been a major factor, we have enhanced the overall quality process, strengthen the quality team by adding more experience to the team.

Most critical decision

The decision whatever you have taken may not be right at some circumstances. But you always have great chance to make the decision right by perseverance and right actions. Resigning from high paying job and starting to work for my own venture without any great business plan happened to be greatest decision of my life so far. For sure we had long term dream, but there was no proper plan to execute. I have learned that to become entrepreneur first you have to become jobless. This gives you most freedom to go behind your goal of life.

Some of the difficulties faced while building product/ solution

Every business in the world has its own struggles, risks and successes.As all of our partners coming from technical background, reaching the people, taking company to global market was one of the major difficulties we have faced so far. We started with our own products, where we failed on that only because our weak marketing capability.Along with that managing, operating company with limited money and other required resources was very critical. We had to work for company without taking any salary from the company for about 1.5 years. That was really challenging.

Advice for fellow entrepreneurs

Great companies built with stones of mistakes, risks, experiences, failures, successes and so on. You will always have to move on!

Best company I admire globally

Apple for their innovation, they have been trend setters. They have showed to the world how innovation is the key for successful business. Also Infosys for their systematic approach and well planned process, by which they have built great service oriented company.

As a leader how I make sure that I am connecting the right dots

You have to be very practical and realistic whenever you are connecting new dots. You have to be focused on your plans and visions. As an entrepreneur there always a great chance to make mistakes, you may not be always sure whether you are connecting the right dots. Only thing that you should be able to judge the impact of mistakes and learn from that.

My thoughts related to entrepreneurship/ leadership and management

Some of thoughts from my experience are Transforming dreams to reality is entrepreneurship, Do what you love than loving what you do, Never ashamed of doing right things, that is one road to have successful life, You learn great things from failures than success, Business is not between companies, it is between people.

Experience of reaching out to potential investors

This is self grown and self funded company, whatever we have earned from the company at the initial stage we used back to the company. There has been no experience so far on reaching out to potential investors.

My role at different dimensions as the company evolved

Entrepreneurship is a platform where you can use every skill of yours with highest satisfaction. This is the place where you enjoy the most. When you are entrepreneur, you have to play and be ready for role of everyone in an organization can have. Entrepreneur means you are P2P of your company, means Peon to President. Coming to specific roles, yes I have played role as right from technical member to sales and marketing head, then to managing finance and over all execution of the company.

Way of choosing my people

Attitude comes first then talent or technical capability. We look at their passion towards their job, long term goal etc. You should love what you do, then only you can expect great outcome.

The challenges and lessons learnt to get first customer

Helping and solving some critical technical issues for a company without expecting anything has leaded us to get our first customer. It was a fantastic opportunity for us to show our technical capabilities and get appreciated.
We had one of our old employers as our major customer; we delivered critical project to them on time with good quality. From there on we have never looked back!

Unique about my way of motivating troops

We believe in team work, everyone at our company is equal; there is no boss here at iCRG. Only differences are in the responsibilities and roles that are being played by everyone for success of the company.

Different actions if I rebuild my company from scratch all over again

Building company has been amazing experience so far, time is very critical in business; you have to evolve yourself, your company along with time. Right now can’t think of rebuilding the company from scratch all over again.

Three big lessons/ mistakes encountered while building company

Business is all about connecting with people, ultimately trust and faith that run great and successful enterprises. Few things are what I have learned· Be always realistic and practical· You cannot do everything· Be straight forward and transparent· Innovation is the key in the business· Be passionate about your dream· Be ready to sacrifice· Make mistakes. Learn from mistakes.

Motivation and Drives factor

My passion to become a successful entrepreneur keeps me motivating me every day. It is a long journey; you have to walk a lot. There are lots of global leaders like Steve Jobs, Richard Branson, Bill Gates, Narayan Murthy, Ratan Tata etc who has been inspirational force for me.