New entrepreneurs should focus on proving their business concept first before seeking funding. But why? 🤔

Welcome back to the My First Business Podcast - this is a mini-episode, where I take some the best parts of my interviews with phenomenal entrepreneurs and chop it up for you like a snack.

In this bite sized version, you’ll be hearing from Dhiren Harchandani, Serial Entrepreneur, Transformation Architect, and Founder of Inner Game Consulting, Embee Group and NYCREC (exited in September 2022). 🙌

Dhiren believes that too many entrepreneurs are spending too much time trying to raise capital instead of developing conviction around their ideas. He emphasizes the importance of bootstrapping and proving the business model before considering external funding.

He also discusses the role of risk-taking in entrepreneurship and shares his framework for evaluating risks. He suggests considering the worst-case scenario and being intimate with the fears and anxieties associated with it. 🤗

If you like this snack-sized version, be sure to check out the full episode with Dhiren Harchandani on YouTube or Spotify or Apple, and oh, why haven’t you subscribed yet?

Chapters:

Link to Dhiren's Full Episode Interview: https://youtu.be/zh1A-p1qpdY

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