Equation of Excellence

Summary

In this episode of Equation of Excellence, Rishabh Jain, CEO and co-founder of FERMÀT Commerce, discusses his journey in entrepreneurship and the evolution of the company. He shares his belief that business is the best way to propagate ideas in the world and talks about his experiences in building various businesses, including a solar energy company and a lab data sharing platform. Rishabh also discusses the importance of choosing the right co-founder and making bold bets in business. He shares insights on the pivot FERMÀT Commerce made and the significance of focusing on people and systems in the growth of a company.

Keywords

entrepreneurship, business, solar energy, co-founder, pivot, FERMÀT Commerce, people, systems

Takeaways

Business is a powerful way to propagate ideas in the world.
Choosing the right co-founder is crucial for the success and longevity of a company.
Pivoting is a natural part of the entrepreneurial journey and can lead to new opportunities.
Investing in high-quality people and trusting them to do their best work is essential for growth.
Systems should be implemented to enhance efficiency and allow for focus on solving big problems.

Sound Bites

"Business was the best way to propagate ideas in the world."
"Co-founders having a durable relationship is rare."
"Building a feature, not a business."

Chapters

00:00 Propagating Ideas Through Business
04:34 The Importance of Choosing the Right Co-founder
09:18 Investing in High-Quality People