🎙️In this captivating podcast episode, host Ritesh Kedar engages in a deep and revealing conversation with Ribin Mathew, the mastermind behind a thriving robotics startup based in Bangalore. Ribin, a mechatronics bachelor turned robotics engineer, shares the remarkable journey of his startup.
The discussion takes us through the challenges faced by non-IITian entrepreneurs, emphasizing the often-overlooked daily struggles and the critical role of having the right cofounders.
Ribin delves into the complexities of hardware startups, shedding light on the financial burdens, the difficulties in obtaining investor interest, and the scarcity of experienced individuals in this niche field. As the journey progresses, Ribin shares pivotal moments in scaling up the business and highlights the significance of team alignment, putting aside personal egos, and adapting to market demands, such as selling demo robots during challenging times.
The podcast delves into the crucial topic of raising investments, where Ribin imparts valuable advice based on his experience. He emphasizes the relative ease with a tier-1 college background and big company exposure, recommending enrollment in accelerators and incubators for initial funding. Ribin navigates the unpredictable nature of securing investments, stressing the importance of showcasing substantial growth beyond the initial stage.
Tune in to gain profound insights into the entrepreneurial world, the challenges, and the determination required to thrive. Don't miss Ribin Mathew's inspiring journey in tech entrepreneurship! https://lnkd.in/d-2nvPqV