As An Entrepreneur, You Cannot Have Ego - Harsh Parikh, Co-Founder - DRiefcase, IIM B Alum - Part 2
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- Опубликовано: 28 июл 2024
- In this video, Harsh Parikh, CA, Co-Founder at DRiefcase, Ex-Director - Investment Banking at Bank Of America Merrill Lynch, IIM B alum talks about founding his startup and the challenges faced by an entrepreneur. He also tells us why investment banking is infamous for backbiting and politics.
Check out more stories here - bit.ly/2JpG6LI
Summary of the video
If you think investment banking involves quite a bit of politics, manoeuvring and blame games, you may be right. At least 50% of the time, according to Harsh. He explains just why this negative culture exists in an investment banker’s career. He says that with the possibility of earning big bucks, a monotony may set in. And naturally, a competitive environment is created.
Next Harsh takes us through the founding journey of his startup DRiefcase. He tells us about the pain of digging up medical records for the family when needed and how DRiefcase is a solution for just such an emergency. A way to store medical records online, for individuals as well as organisations, DRiefcase has taken on the task of converting a large amount of paper data in the medical sector to digital.
He talks about the challenges he faced as an entrepreneur. He shares how he exchanged the safety and security of a cushy investment banking job, to become a Co-Founder at a startup, where he acts as CEO as well as a peon. He talks about scaling down from talking to CEOs and CFOs of huge corporations to speaking to much lower ticket individuals as clients.
He shares what skills one should focus on in b-school, in order to develop a career in finance and further to become an entrepreneur.
If you want to know what it takes to found a startup, this video is a must-watch for you.
Key Takeaways
1. You need to love money to survive investment banking.
2. Be professional at work; don’t take things personally.
3. Work experience with a startup is a valuable point on your CV today; recruiters appreciate people with such experience.
4. As an entrepreneur, you cannot have an ego.
5. As long as you ensure that the boss knows who is doing the work, you’re safe.
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Also, check:
The Reality Of Investment Banking - Harsh Parikh - Part 1 here - bit.ly/2y8NLsn
How To Network Like An Investment Banker? Harsh Parikh - Part 3 here - bit.ly/2ZfNUGy
You can also watch:
Bhagavad Gita Helped Me Play Poker Better - Deepak Bothra - Part 2 here - bit.ly/2xdfdVx
I Chose The Wrong Job From My B-school Campus Before - Saurabh Sengupta - Part 2 here - bit.ly/2HXJ1vH
I Nearly Failed A Subject At XLRI Jamshedpur - Aditi Shukla - Part 3 here - bit.ly/2WV09v2
#BankOfAmerica #IIMBangalore #InvestmentBanking #Finance #Entreprenuer #BAML
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Also, check:
The Reality Of Investment Banking - Harsh Parikh - Part 1 here - bit.ly/2y8NLsn
How To Network Like An Investment Banker? Harsh Parikh - Part 3 here - bit.ly/2ZfNUGy
One of the best discussions heard till date..harsh all the best for your venture.
Thanks, Manoj. Really glad you liked the video. Have you seen the first part of this video? If not you can watch Part 1 here - bit.ly/2y8NLsn
This guy us the real deal, no bells and whistles, no being proudy about his work ex or his experience. He says it’s like it is in the corporate world. Do your work and do it well or get your ass fired. Simple as that.
What a glorious personality this guy has. Absolutely amazing. Being a CA+ IIM B Grad and working at one of the top investment banks in the world and still not a hint of ego in him. He also explained everything with regards to the corporate world in such a clear and lucid way. All rhe best for your start up man
He is an entrepreneur now... founder of Driefcase
I guess this guy has given one of the most honest insights of the investment banking industry and the corporate world, a must watch video for banking aspirants. He is such a great speaker stuck with a shitty audience.
Hi, Thanks for liking the video. This workshop was conducted for an invite only crowd who had confirmed admits from India's top business schools. One more insightful Investment Banking Journey video for you - How To Get Into Goldman Sachs For Investment Banking - A Fresher's Journey - Awiral Gupta, IIM I - bit.ly/2kqgUfB
Bro u cant judge audience
This guy looks very descent and intelligent. I would love to work with him.
Hi, Have you seen the other parts of his video series? If not, you can watch Part 1 of his talks here - bit.ly/2y8NLsn and Part 3 (The final part) here - bit.ly/2ZfNUGy
The question is, would he love to work with you??
@@InsideIIMKonversations 8zp
I'm a medical student , I know the importance of his start-up ! Really appreciate it . May be for next time you guys should change your host .
You thinking about doing MBA?
Exactly he acts like this cocky arrogant dude who's wasting his time by being there lmao
@@mudit7808 but it is his channel and his idea, he should work at his socut skill though
And perhaps that is the problem,
The reason why I like Harsh is because he is honest and has a credible tone.
So I’ve discovered this channel like couple of hours ago and kind of hooked not gonna lie. And of all the guests, this guy appealed to me the most. Incredible!
Please replace the host. The interview will be far more better. Thank you!
We unconsciously judge(inside our mind) humble personality like him as not an intellectual but we then consciously realise we were wrong . An example is Abdul Kalam..when we listen to Abdul Kalam speaking...we feel the same way..(inside our mind without knowing to ourselves).
Please do not appoint that anchor again , he is really not suitable for the job.
All 3 episodes are amazing
Keep Rocking
Lol that anchor is the founder of this channel haha!
@@business9854 so the chances of firing him is slim😌😌
Instead of just criticizing, please give suggestions for the man to improve.
@@HumbleMan78 if he could just surf through comment section of all videos, there's plenty of suggestions 😂
Literally had this issue of not having the medical reports in hand today!! Went back home, picked them up in a rush, and got fined for reckless driving on the way back to the hospital. The struggle is real and the problem exists. Would have never thought of it. Great talk, lots of valuable info. Host was a bit inconsiderate and casual though.
The thing he said about ego... Is gold ❤
Everyone is hating on the host and on the audience but why do you fail to remember that the interview is for the sake of them only. The host has to ensure that he maintains the flow of conversation in such a way that the audience benefits the most.
I wonder how his startup is responding with this pandemic. Great interview!
seems like the host has an issue with harsh or investment babking. But harsh is using his platforn well for sharing his knowledge and promotind his business.
All the guys bashing the host please know that he is the founder of this channel yeah I’m not defending or advocating for him just trying to tell you that be grateful for the content and carry on with your life lol
And in all honestly I don’t find the host to be rude or whatever other adjectives people are coming up with to describe him. In fact he’s done a great job of bringing such an insightful thing to the common masses.
Keep going dude you’re doing great.
1:43 "you can't be socialist and love banking"
The host doesn't have right attitude, communication skills (body language, arrogant tone, sitting manners, respect for the other person)
@Tarang u fuckin sit down!! The host is rude, period.
Absolutely. Hate him.
Ego hai...
Chill guys pls chill
He actually is the owner. XD XD
Very informative. Highly recommended for everyone.
Thanks, Amit. Glad you liked the video :D Have you seen the third part of his video series? If not, you can check out here - bit.ly/2ZfNUGy
One of the best video series so far👍👍👌👌
Hi, Meer thanks for liking our videos, :D you are definitely going to like our website as well, check it out here - bit.ly/2Lbww24
The day you are able to bridge the gap between the doctor patient and pathological lab where all three are able to see the same report at the same time on their phone would be the game changer..driefcase would be the bext big thing all the best
This is a normal back in the States. This is next to impossible in our country. The game is always different in India.
Amazing talk
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Great video! Really inspiring.
Thanks, Yash for liking the video :D Happy to hear this! One more inspirational video suggestion for you - The Harsh Reality Of Being An IAS Officer - Anil Swarup, CEO State Devt. Council, Jharkhand Govt. - bit.ly/2NTM0bV
He is a good speaker
I have watched so many konversations and all three parts of Harsh Parikh , they are the best
Hey, Watch all our latest Konversations Cafe videos here: appopener.com/yt/faq2idwuf
Straight to the point !! the way I like it. Superb
Hi, Siddharth you can also check out - The Reality Of Life At An IIM - Saurabh Sengupta - Part 1 here - bit.ly/2WeO9PI
These are the personality when you look up to, you want to be a better version of your self.
He look like raju from 3 idiot and his voice is also similar
He is raju
@harsh - What is your clinic side app/start up called? I am doctor. And I am interested to know more.
The host doesn't seems to interested at all doin this interview. His reaction makes me uncomfortable. I am like how on earth you can be so much not interested and still wake up to do your job.
Motivated us😘
Thanks, Saurav. Glad that you find the video useful :D One more motivational video suggestion for you - Tales From An Honest IAS Officer - Anil Swarup, CEO State Devt Council - bit.ly/2lwgOmH
Am in the final year of MBA and was really curious about IB as a caeer. Thanks team for uploading this!
You into IB?
Why would I download driefcase if I have CamScanner to scan and store it ?
The host thinks he knows more already than Mr Parikh,these oversmart chumps are everywhere.. Good knowledge sharing though..
Family members back in the States, not surprised by his start-up. These things are normal in the states.. EHR(electronic health records)
What does he mean by first years is M&A is making coms' and making profile?
security will be a big issue with this app...how can i trust hem with my medical records data
That's the reason why he speaks for 1 min and the guest for the rest... This guy is a class apart
You seriously need to change the host especially.........on this kind of stage where millions of student look for inspiration and hope.
dude this host is actually irritating look at his face at 16:54 hahahah
loved you harish Parikh amazing talk
thank you for giving us such a broad and sheer scenario of investment banking
His startup just have a domain name as of now.. nothing else.
It's not his mistake I would say, these guys literally suck at ACTUALLY building a business, may be they're good at managing one. And he probably haven't got time to build that, afterall who the heck will leave a high paying job
And yes, in india, medical system are united so much, they won't allow any outsider Businessman to get into it.. complete monopoly
Just like vivek bindra tried making a truth video about doctors scam and he got busted by doctors.
Yes, especially since there r so many healthcare startups with techies working very hard on their product, its very difficult!
May be being a part of venture capital or private equity & getting involved in supporting such a startup may have been better!!
But again that's just my opinion..
It your life man..😀
They are good at writing exams and get better jobs. True badjaat
Soucre : trust me bro iam expert
8:55 , 11:28 boy! I swear!
Well Steve jobs had ego but he is most successful person.
Steve jobs was not in India, lol.
i liked your comment...but bhai wo udar ka mahol hai jaha ease to do business is good idar hat jodke bi kuch logon ka kam nahi hota file age hi nahi jata
You are right Yash ..Job is Job ..no one like the Steve Jobs because his all idea about Apple computer & Macintosh OS is very unique & new even from UI to every feature of Mac is very Different .. Genius like Bill Gate also accepted the fact that out of the Box thinking of Steve Job in 90s OS War ....so EGO is little bit odd term .. it is all about Pride what Steve & his team invented..that had revolutionaries the whole world equation & picture ....not only the USA ...Even today another Crazy fanatic doing the same his Name is Elon Musk ...but what they have talk about digitization of medical details is an copy paste idea ..which was already started in USA around 2006 something ..after the Facebook comes in the picture another hero or visionary Mark Jukerberg ...so there is always a difference b/w Copy paste & Innovation...Steve Jobs & rest American startup is all about revolution where Indian start are only about copy Paste ...list is so long Flipkart -Amazon Copy , Ola Uber Copy , Oyo AirBNB copy etc etc ...that why Top Fortune 500 companies like or Revolution Gaint companies like Google ,Apple ,Amazon, Microsoft etc etc hired from IIT where ..where Money focusing Banks like Goldman sach , HSBC etc only hired from Top IIM but at the end in money & technology war ...these 20 to 30 yrs old companies{ Garage based startup to become Gaint Tech ) like Google, Apple Amazon , Microsoft is far ahead from these 70-100 yrs old Investment banks whether it was Goldman sach , JP morgan or Morgan Stanley etc etc ....so in short if idea must be unique & out of the box than you will conquer the world in few years ..but if it is a copy paste startup than no comment ...
@@siddharthsonkar5986 yhe you are right all major hit startups from flipcart to zomato to ola all are copy paste startups which made our lifes so easy and no one thanks them, we should make temple and worship them ...
@@siddharthsonkar5986 what was original Driefcase app in USA?
He looks like he is just out of the college.🎯
Everyone who is talking shit about the anchor is not true
He is asking very relevant questions which I usually see no one asking in similar kind of talk showsn
What about GDPR issues??Are you usung the flaws in Indian regulation??
No job security. First few years pay is poor and most do not last more than 2 or 3 years
6:51 is that Ravindra babu ravula
He is not
ye bhi sahi hai
Thanks for watching
Ye bhi theek ha
Great outlook
Thanks, Shweta. Happy to hear this! One more video suggestion for you - What Is It Like To Work For Amazon? - Divya Anand - Part 1 here - bit.ly/2XBxW83
CA with MBA more scope
Hr video me ravula sir ke video ku edit kr dete ho
Ek bar kabhi aa gae honge
Where?
Dr Watson
Sherlock Holmes !
IBM Watson
Host and the guest .... guest is awesome, host bro work on your hosting skills , seems like you trying to act cool but looks like egoistic not interested person hosting the show.. but i feel host is not egoistic in real . Lol comments below
Don't you think the money he used to earn was less, as compared to the hard work he put up in the job he was doing ? Sad reality of india. Its better to put up that amount of hard work in business.
Well said
how much he earns ???
Flipkart successful startup
I think the Host is Rude , Just look at his Face has lot of Ego
the vibes from the host are negative. PERIOD.
Host looks ok. Why are people complaining ?
The guy hosting is so annoying
Very arrogant u can say
You cannot be socialist and love banking 🤣 welcome to nationalized bank
Horrible horrible host ....he looks quite reckless and he doesn’t have minimum decency . He looks the same in every damn interview.
Shit .
That host is the most irritating person. Get rid of him. Oh no, you can't..
This host is so unprofessional
the host is irritating
Wat???only enterprenure shouldn't have ego...Buddy look u might be intelligent ,smart ,but I would like to rectify you over here.....Not only enterprenure every human being should not have ego....sounds cliched .Have a determination not a ego.
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