00M and is on its way to disrupting yet another industry. Which may also be one of the few companies out there that are currently hiring, and in every department.
Muddu Sudhakar has already enjoyed several of his companies being acquired for hundreds of millions of dollars in value. His latest startup has already raised well over
00M and is on its way to disrupting yet another industry. Which may also be one of the few companies out there that are currently hiring, and in every department.
During his guest appearance on the Dealmakers Podcast, Sudhakar talked about going through the challenges various crises bring to businesses, acquisitions, and the ensuing resting and vesting period, products versus platforms, going all in on your startup idea.
Listen to the full podcast episode and review the transcript here.
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Why You Should Go All In On Your Startup
Muddu Sudhakar was born in a small town in India. His father was a professor. He quickly found academia a very competitive pursuit. He dreamed of ending up completing a Ph.D. or Master’s in the US, as the big goal for many of his fellow classmates.
He did end up getting into Yale, and then UCLA. However, he did not do his MBA at school. In fact, he says that you don’t need one. You’ll learn a ton as a startup entrepreneur. That’s the equivalent of an MBA. If your company is a success, then you’ll even be teaching other people too.
After college, he did end up working for several big corporations. Including IBM, Bell Labs, and Silicon Graphics. Then decided to take the risk, and leap into a startup of his own.
His take on this is that you should absolutely make a clean leap, and go all in if you are going to do a startup.
While he admits that entrepreneurship and startups aren’t for everybody, if you are trying it, it is a disservice to yourself and your old company to have one foot in each. He says that if you can’t do that, don’t do a startup at all.
If you do this, it certainly helps you hustle. It keeps you on a timeline to talk to customers, hone your ideas, pitch investors, and build products.
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Surviving Crises & Solving Problems
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