The Start-up Society
What do you associate with the word start-up?
If your mind connects with headlines grabbing large VC rounds, college drop-outs to professional drop-outs and yes, some who managed to complete degrees, technology, gravity defying growth rates and lot of breaking convention from approaching a problem to new solutions, then we are fundamentally on the same page and welcome to the article. Let’s explore more.
Why Start up?
Far from being a professional activity, it is an institutional exercise in solving existing or new problems, or build a new experience.
The case for institutional exercise is when it is developed with an objective to manifest over a long-term.
Going to School
School is where the conditioning starts of young minds and can be directed either to score more, or “solve more”.
In the mindset to score more there is finiteness of outcome; you try to overpower a subject within its defined chapters and to the overzealous student or, parent the evolved world of test preparations serve as great performance enhancing steroids.
In a village school, it may be about discussing the problems concerning the school, if not of the village; it may be about repairing the school roof, and hence working right from raising funds to working with the school staff and involving the students of varying grades from basic masonry to understanding roof design.
At the end of this exercise, at least 15-20 students would have figured out what it takes to raise funds, getting resourceful to also applying or, learning design skills that they can take to life.
In a regular scenario, if the students graduate scoring high marks under a failing roof and being taught that fixing the roof is either government or, school management problem - what do they take to life?
The “solve more” mindset illuminates with the idea of a problem to solve, bringing ownership and partnership with like-minded people and connects to greater resourcefulness.
It creates a generation that does not whine, or dismisses that “it is not my business, or problem to solve”!
In our Organizations
Going back to a start-up, at the very start it is the founder and a handful of initial employees who fix everything from sales to the leaking tap in the bathroom.
As the organization grows, and later tens to thousands get added, there is the classic division of labor for efficiency. Then problems acquire context and functional character – HR problem, Finance problem, Sales problem or Ops problem, and worst of all higher Competition problem.
If your mind connects with headlines grabbing large VC rounds, college drop-outs to professional drop-outs and yes, some who managed to complete degrees, technology, gravity defying growth rates and lot of breaking convention from approaching a problem to new solutions, then we are fundamentally on the same page and welcome to the article. Let’s explore more.
Why Start up?
That’s because it’s how we have managed to
innovate, survive, become creative, solve and learn from mistakes. David
Eagleman and Anthony Brandt in their book Runaway Species argue
that humanity’s unique capability to remake the world is unmatched by any
other living beings.
Far from being a professional activity, it is an institutional exercise in solving existing or new problems, or build a new experience.
The case for institutional exercise is when it is developed with an objective to manifest over a long-term.
The Society
For the diversity called
India, presenting world’s most heterogeneous complexity from economic to the
cultural, the problems of health, happiness and growth present great
intellectual, political and social challenge.
From basic education to
employment, infrastructure to logistics, striving to self-sufficiency, the
depressed to the inspired, the India laboratory has important challenges for
solving, for humanity at large.
In start-up parlance, a
unicorn is a company that has reached a billion dollar valuation, recognizing
its value creation in the enterprise journey and inviting great investor
interest.
So, India with a billion plus
people is a demographic unicorn, and already home to several unicorns that are
deftly capturing world attention.
Together with a prestigious
position in space research and applications, a bastion of select few countries, the wheels of our start-up instinct is in motion.
The agenda here is to make it
deeper.
Going to School
School is where the conditioning starts of young minds and can be directed either to score more, or “solve more”.
In the mindset to score more there is finiteness of outcome; you try to overpower a subject within its defined chapters and to the overzealous student or, parent the evolved world of test preparations serve as great performance enhancing steroids.
The solve more mindset
is about applying knowledge, life skills, taking decisions and seeing the
results; then, work on the feedback loop, thereby honing deeper capabilities.
In a village school, it may be about discussing the problems concerning the school, if not of the village; it may be about repairing the school roof, and hence working right from raising funds to working with the school staff and involving the students of varying grades from basic masonry to understanding roof design.
At the end of this exercise, at least 15-20 students would have figured out what it takes to raise funds, getting resourceful to also applying or, learning design skills that they can take to life.
In a regular scenario, if the students graduate scoring high marks under a failing roof and being taught that fixing the roof is either government or, school management problem - what do they take to life?
The “solve more” mindset illuminates with the idea of a problem to solve, bringing ownership and partnership with like-minded people and connects to greater resourcefulness.
It creates a generation that does not whine, or dismisses that “it is not my business, or problem to solve”!
In our Organizations
Going back to a start-up, at the very start it is the founder and a handful of initial employees who fix everything from sales to the leaking tap in the bathroom.
As the organization grows, and later tens to thousands get added, there is the classic division of labor for efficiency. Then problems acquire context and functional character – HR problem, Finance problem, Sales problem or Ops problem, and worst of all higher Competition problem.
At the heart of every founder and every
organization is the basic question – what do they solve? This is a unique answer that employs
creativity, human enterprise and resources, one of which is technology.
Taking the school analogy, if the employees are
conditioned to meet revenue or expense targets, or functional outperformance
then the organization may create outcomes, but not institutionalize or develop sufficiently problem solving and multiplier thinking.
Another interesting component of the start-up culture
is the excellence shown by 20 year olds, or when a working professional finds a
stronger cause to solve, without barriers of hierarchy or, limitations by
geography or, capability.
Fundamentally, problems faced by organization
or, any society has no prescribed age or, mandatory requirement for relevant
experience to solve. Only a society, organization or, individuals conditioned
to solve at scale, will think of the engineering required to approach the
problem.
At the level of individual employee, it will
manifest as new insights, micro-innovations and translate into growth rates
betraying conventional industry or, GDP linked rates.
Solve at 5x Scale
In this concluding part, let’s explore how do
build something that is not a 10% or, a 50% improvement, but a 5x improvement?
Peter Theil passionately inspires the idea of Zero to One, in his
bestseller.
Let’s take a scenario – An ageing 50 year bridge
on a river is in need of repairs. How do we approach this problem?
Minimalist thinking - Putting simple
reinforcement repairs that can extend the bridge life by say 10 years, and have
a Rs. 5cr outlay.
What if the bridge connects to an industrial
hub, a key port or to build a new technology hub and instead of this 2-lane
bridge, a new 4-lane bridge with rail connectivity can increase economic output
by Rs. 1,000cr and tax collections over 5 year term by Rs. 200cr? Would you
still invest Rs. 5cr in repairs?
The opportunity statement expanded when the
problem was shifted from a 50 year bridge connecting two unknown points, to one
that presents greater scale.
In favour of the decision to put a new bridge,
imagine the level of employment and economic activity that can develop versus
minor repairs, purely from a multiplier thinking.
Conclusion
To again
not shift this to a government, or my organization problem to develop problem
solving as a way of life, let’s introspect some more and enjoy the idea of solving;
plant a tree, than whine that green cover is receding, speak up about an idea
that we believe, no matter who is in audience and what if we fail…it would not
be our first, and neither our last, at least we dared.
It is a society that we will develop where
problems will never go, but we will solve with preparedness, curiosity and develop
new knowledge.
Very well thought and articulated take on start-up. From whining to doing is a generational shift. I think and hope that the new-gens are the solve-more type.
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