Krishna Mohan N
Brief about company, offerings and foundation of the company
Softserve Global is Software Services and Products Company.
From the Software Services side, we have signed up with a
Bangalore based Micro Finance Institution for providing Application Development
Services and are executing another Outsourced Product Development (OPD)
project, a retail product on lifestyle and fashion accessories
On the Products side,currently we are building a Strategic HR Management tool or rather I call it as product which is based on human behavioural science and psychology. We are yet to take this to Market. The product will be ready to go to market in September 2012.
- It helps them identify the Leadership Pipeline in the organization
- Dynamically create combinations of successful teams giving indicators like who will work well with whom and what are motivator factors for the given team, given a particular situation tricky situation who should be entrusted the job/project etc.
- It also helps to identify the major strengths and weaknesses of the human resources under scrutiny
- It also helps you to hire the right talent for the skillset that you are looking for
- It also helps you to manage the critical team members
- And to build agile project teams helping companies to build appropriate team with no fat i.e., both in terms of size and complementing skills of team members
Risks involved in business and way of addressing
Getting the right talent pool when you are building a product from scratch is the biggest problem that we faced. Secondly capital to spend on these development activities
Most critical decision
Unique about my way of motivating troops
I sell the idea in big picture. I motivate people in tricky situations saying some stories that I have encountered in my life or have read about
Way of choosing my people
Spotting right talent and inspiring them
Experience of reaching out to potential investors
We never have approached any Investors so far. I guess we will approach at the right time.
Advice for fellow entrepreneurs
Go chase your dream and start early
Got into play without proper game plan, never made a business plan(I think I will never make a business plan now), and lastly started with very little capital of about a lakh
I was betting on a certain team to deliver but it was no starter and I had to change my approach. Also getting the desired team in place with varied background that was needed for our product development was a tall ask. So I used a mix of different players to execute the project i.e., hired some good consultants from market and entrusted them to build the system for me and maintained a very thin in-house team just to test the deliveries and provide quality assurance.
I think I was scared for too long. Should have started a little earlier is my feeling. Having said this, to answer your question precisely a little more capital would have been good so that I never had to worry about payments and personal commitments all the while
Wanted to build an enterprise of my own from scratch and leave the legacy to rightful protégés. The other reason is my brother used to tell me stories of eminent business personalities when I was growing up and it was etched permanently in my mind and I feel that was certainly a motivator.
My previous working experience with some good industry veterans and their references helped me to sign-up with my first few customers. From there on it is chain of references through which we are getting orders.
As an Entrepreneur you don’t have a definite role. I have worked as Business Analyst, Tester, Designer, Recruiter, HR Manager, BDM, company ambassador, Marketing Officer, Trainer the list is endless that’s what is fun about entrepreneurship
I always believe in progressing. Mistakes are part and parcel of life. If you don’t jump in water to learn swimming for the fear of drowning you will never learn to float/swim. Having said this I don’t mind losing or going wrong as well. If you don’t lose you will never appreciate your win or learn from mistakes.
I would love to have more entrepreneurs getting into play. I believe they are the catalysts for any country’s growth. They indirectly create jobs and improve economy. I would recommend leaving behind their cushy jobs and to try and chase their dreams
From India I like Wipro, Infosys and Globally Google. Wipro and Infosys have instilled confidence in us that we too can build world class delivery center’s right here in India. Like Google for its innovative products.