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Startup Founder With Successful Exit: Does Working as an Employee Hurt Funding Chances?

Chandu

Chandu Nair  | Answer  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Jul 08, 2024

Chandu Nair advises entrepreneurs and enterprises about creating and building their business.
He has direct experience in angel, venture capital and strategic investor funding. Over the last three decades, he has made a name for himself in industry, consultancy, media and information services.
Nair is on the advisory boards of the Chennai-based private equity firm Fulcrum and the social impact fund, Menterra. He's an independent director on the board of India's first retail building products company, Shankara Building Products Limited.
He was the co-founder of Scope e-Knowledge Center, a pioneering knowledge process outsourcing company, as well as the co-founder of a business-to-business e-commerce venture, both of which he successfully exited.... more
Asked by Anonymous - Oct 28, 2023Hindi
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Dear Mr. Chandu, I am having 13 YoE in my professional journey out of which I spend 10 years in my own startup from which I took exit with 2.5 Cr in cash which I invested for my family's financial cushion. Post that I joined a startup as 1st employee which didn't do good and I left after 2 years. Then I joined another startup as 1st employee which is looking decent to work with but not that rewarding financially. As my daughter is around 2 years at present, I'd like to start again in next 2-3 years. Does my working as employee in early stage startups dilute my image as a entrepreneur with successful exit in terms of getting funding for my next idea?

Ans: An employee with a good track record in start-ups, now having a good idea with the mindset and passion of an entrepreneur and a proven ability to execute, can enthuse others to join him/her on their journey and also attract funding.
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Chandu

Chandu Nair  | Answer  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Feb 12, 2024

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Dear Mr CHandu, I am 53 yrs now and an BE by qualification. I have been working in IT industry (14 yrs) and from 2007 have been working in IT Security profile as GM. In 2015 I left the job over an partnership offer which did not materialized but i lost the job. I started an start-up ecommerce company with a good concept which was liked and appreciated by the franchisees as even today they are running a grocery store which was setup by me, though my business shut down due to non funding and was cheated in the name of funding. After long gap I did join the company but lasted for just 8 months and now again am job less. I have a good start-up idea in healthcare which is workable and have been appreciated by people to whom i have brief though i M yet to launch due to funds issue, Though people are trying to find the funding after hearing the biz idea. My wife is working and have 2 kids in 12th and 10th Std respectively. Pls advice.
Ans: Dear Mr Dinesh,
It looks like you have been through a lot after getting into business on your own. Your children too are at a critical stage in life which requires funds for higher education in the next few years. The first question to ask yourself is - what is the priority in your life? Is it financial stability for the family esp for the kids? Or is it the pursuit of your business? The second question is - what is the current status of your household finances? Is there enough savings to manage the household, upcoming education expenses, other expenses (travel, medical etc)?
If you are shaky, it may be time for you to consider taking an assignment which offers you a fixed remuneration and also flexibility to work on your idea. You say you were in the field of IT security. Can you consider an assignment which might take 2-3 days per week managing and overseeing the IT security for a company which cannot afford a full-time professional?
You may also want to consider getting incubated in a good healthcare incubator in your city and also apply for a start-up funding grant from the government of India and/or local state government programmes.

..Read more

Chocko

Chocko Valliappa  |539 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Feb 26, 2024

Asked by Anonymous - Feb 09, 2024Hindi
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At 45 years old, I am the first in my family to graduate. I am married with two supportive kids, a daughter and a son. My father, who was raised by his grandparents, struggled financially, and despite his genuine nature, he couldn't provide much for us. I started working after failing my 12th board exams, eventually completing my post-graduation while working part-time. The ITES sector brought financial success, allowing me to support my nieces and nephews through their education and marriages, even helping them purchase homes. I've stepped back from my siblings, except for one sister who has a mentally ill son; I've provided them a home built on land in my mother's name, though her will is uncertain. Now, I'm considering leaving work to pursue my own business ventures but not due to dissatisfaction and negative office experiences. Always having an attitude to go along well with anyone and support each others. With my loans set to be paid off within a year, I'll have no financial obligations except for my children's education (zero savings precisely). I plan to accumulate at least 30 lakhs of cash savings in the next four years, without touching my provident fund which is being accumulated around 50+ and my gratuity - as my base salary is above 1 lakh now. My lifestyle is modest, with a decent 3-bedroom house, a second-hand SUV, and some cash reserves. My wife and mother each possess 25 sovereigns of gold, though my mother isn't entirely supportive. Aside from essential purchases, I buy clothes and accessories during sales. I'm seeking guidance on my next steps, as I sometimes feel anxious about not fulfilling my desire to start my own business. My question has elements of both mentally and financially so approaching you. Sincerely!
Ans: From what I read you have achieved a lot and have earned goodwill of your extended family. Please encourage your children to follow your family's example of a acquiring knowledge add gain success at work though a work ethic that appears to be your family's strong point. Given your current career use your strengths at work to grow even further and aspire to do well. Even though starting a business of your own may look exciting is not everyone's cup of tea, hence I would advise you to not jump into it without working out the full details.

..Read more

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Dr Dipankar

Dr Dipankar Dutta  |1837 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Dec 05, 2025

Career
Dear Sir, I did my BTech from a normal engineering college not very famous. The teaching was not great and hence i did not study well. I tried my best to learn coding including all the technologies like html,css,javascript,react js,dba,php because i wanted to be a web developer But nothing seem to enter my head except html and css. I don't understand a language which has more complexities. Is it because of my lack of experience or not devoting enough time. I am not sure. I did many courses online and tried to do diplomas also abroad which i passed somehow. I recently joined android development course because i like apps but the teaching was so fast that i could not memorize anything. There was no time to even take notes down. During the course i did assignments and understood the code because i have to pass but after the course is over i tend to forget everything. I attempted a lot of interviews. Some of them i even got but could not perform well so they let me go. Now due to the AI booming and job markets in a bad shape i am re-thinking whether to keep studying or whether its just time waste. Since 3 years i am doing labour type of jobs which does not yield anything to me for survival and to pay my expenses. I have the quest to learn everything but as soon as i sit in front of the computer i listen to music or read something else. What should i do to stay more focused? What should i do to make myself believe confident. Is there still scope of IT in todays world? Kindly advise.
Ans: Your story does not show failure.
It shows persistence, effort, and desire to improve.

Most people give up.
You didn’t.
That means you will succeed — but with the right method, not the old one.

...Read more

Ravi

Ravi Mittal  |676 Answers  |Ask -

Dating, Relationships Expert - Answered on Dec 04, 2025

Asked by Anonymous - Dec 02, 2025Hindi
Relationship
My married ex still texts me for comfort. Because of him, I am unable to move on. He makes me feel guilty by saying he got married out of family pressure. His dad is a cardiac patient and mom is being treated for cancer. He comforts me by saying he will get separated soon and we will get married because he only loves me. We have been in a relationship for 14 years and despite everything we tried, his parents refused to accept me, so he chose to get married to someone who understands our situation. I don't know when he will separate from his wife. She knows about us too but she comes from a traditional family. She also confirmed there is no physical intimacy between them. I trust him, but is it worth losing my youth for him? Honestly, I am worried and very confused.
Ans: Dear Anonymous,
I understand how difficult it is to let go of a relationship you have built from scratch, but is it really how you want to continue? It really seems to be going nowhere. His parents are already in bad health and he married someone else for their happiness. Does it seem like he will be able to leave her? So many people’s happiness and lives depend on this one decision. I think it’s about time you and your BF have a clear conversation about the same. If he can’t give a proper timeline, please try to understand his situation. But also make sure he understands yours and maybe rethink this equation. It really isn’t healthy. You deserve a love you can have wholly, and not just in pieces, and in the shadows.

Hope this helps

...Read more

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