If you think startups get over night success, re evaluate your thinking. If you are frustrated to read all the stories across twitter etc over how people got in on AirBnB,DoorDash & the Slack IPOs it didn't happen by being on the sidelines.Invest now in Pakistani tech startups
or forever hold your peace. We are at an amazing cross roads where technology continues outperform and eat traditional investment opportunities globally. Tech will also solve for many troubles that Pakistan faces today. Invest in the young talent that will solve for the new PK.
To grow with the startups you have to grow the ecosystem. If you only engage in coffee banter; discussing why startup A will fail & why startup B will fail, all you're doing is working against your self & the ecosystem.This is the new world. Data isnt the new oil, it is the water
Be a believer vs an antagonist. Don't embrace only idea that feel comfortable. Comfort doesn't create value. Backing ideas which feel different or foreign to you is the holy grail of getting in early. Founders are a strange bunch , know this, they are ALL - IN.
You can decide how you participate, Pakistani talent and Pakistani founders are at the tipping point where they will create massive startups & with it success for those who hitch a ride on these moonshots. You have the luxury to pick the role a team member/investor/promoter etc.
For all expat well wishers.A game played on home turf has home advantage you cant typically get-by, by sending love & prayers. Send the $s but more importantly bring your expertise with you & lay a claim to a stake at the foundational level. Be strategic & invest in the long game
If you cant come,then know this: Having too many opportunities kills/killed more startups than having too few. Dont confuse the founders.Most startups die of indigestion vs starvation.Provide clarity vs advice that is context un-aware,granted we still have ways to go before exits
Focus is one of those things which sounds commonsensical enough until you try to find it. Play the game so you can help steer the startups & founders in that direction.Its a 2 way street, local founders need to be ordained in the school of flexibility+learning from ext experience
embracing the experience of others removes years of self learning. Explore,adopt and best of all use the expertise on offer vs trying to get good at every thing your self. Be smart enough to know how to pick & choose items from other peoples super powers,so u can harness your own
Diversification is great but Niche + Focus = Success. As investors or founders find your Niche and focus your way to success. Also know not every thing works, so know when to cut your losses. @rebootdude @raza_matin @owaisz @ShahidM99 @YusufJan @Ash_Kalim @jehan_ara @fmsheik

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More from @faizansiddiqi

12 Dec
I want to help new founders get off to the right start in 2021. Be a deliberate thinker & actor. Don’t react- pro act. Pre empt. Have a model of how you think positive outcomes work. When data stops meeting reality. Re calibrate. Be intentional. Build frameworks act on them.
What is it that will make a Prosumer Product say product X successful?Is there a gigantic white space for it to succeed? Why doesn't any thing exist in the space? If you operate like this and have some thing viable to show for it we are in business.
I’m increasingly interested in startups that are like hybrid dev shops for a particular industry or sub-industry. The food verticals are all primed for growth.The national craving for $earnings should incentivise local players to start looking at export validated by local growth
Read 11 tweets
11 Dec
Thanks @jehan_ara this is always a two way street. You get what you invest in. I have been exceedingly lucky in having some of the best mentors one could ask for. blog.chinookstrategy.com/on-being-so-fo… If you are so inclined you can read more about that here, notwithstanding some lessons
A great mentor is more beneficial than first money or any money in. Look for mentors who prioritise your successful outcomes vs their social media updates. The same test applies to all things in life, if you are going to help some one make sure you leave your camera at home.
Any one who you respect can be a great mentor if you look up to them first because of the individual traits they have vs how $ successful they are. Most folks make the mistake of looking for mentors or seeking help from those who are more socially mobile or visible or rich.
Read 20 tweets
10 Dec
Technology ≠ Transformation. There is no 1 to 1 corelation between having good technology & being able to transform your organization. In some cases if you have too much work happening under the hood, aka tech you are likely trying to leap to digital from a vastly analogue world
The real villain that most Csuite folks dont get is, Technical debt.Everyone in tech wants to tackle it but nobody plans to tackle it in the Csuite. That because the common misconception is that hire more people build more software, launch more apps, all will be well. Sadly not.
How many times have you seen seen any parts of time/budgets reserved to pay back an orgnanizations technical debt. So before we jump into further mechanics of what the problem is and a likely solution, here is what technical debt means.
Read 17 tweets
9 Dec
Digital transformation as a service. Has the time come? I'm fairly confident that transformations time has come at large to be offered as a service. From process to operations to change management. Digital is a small construct in the large scheme of things. Digital enables it.
The issue with transformation is, It is painful. For all parties concerned. The folks who end up being blockers of new process n transformation agenda either succeed or die trying. But with that push n pull the disarray caused in any organization is akin to a toxicity shot.
When u inject any thing its reaction time is faster than taking oral drugs. Hence if u don't manage the toxicity element as an outcome of the change an organization is going through, either your process vitals will fail or you will need so many steroids to recover
Read 15 tweets
8 Dec
If 2020 was your year of complaining you truly missed out on the ability to start some thing without
1)A VC
2)Build a Nocode product
3)Engage with millions 4 free
4)launch in under $500 & scale
5)Go global
6)Diversify your income
7)Have a side hustle by using other ppls channels
Other people's channels are interesting if you have your eye on the unusual. Like when The Queen's Gambit came out on Netflix, the popularity of chess skyrocketed.From 200%+ jump on searches on eBay to online chess platforms seeing a 40% rise.With over a Billion app downloads
The game became a sleeping giant. The show came out in October if you are some one who follows trends you saw a spike and you capitalized. If you didn't here's where u start looking for trends. Trends.google.com and an other place
Read 16 tweets
27 Nov
Companies like countries can't run on dumb people. A company is typically a microcosm of a country & its people. If you expect certain out-of-the-ordinary characteristics in a company that aren't true to your country you are in for a surprise.
It's akin to praying for a diff outcome when u know it's not possible. No country can escape poverty with bad economy, A working economy is a developed economy. You don't grow companies by saying "pray for xyzs growth" why do the same for your country? It has to start by stopping
That's counterintuitive how can u start something by stopping. It's simple just like we must stop hiring dumb folks in companies we must stop voting dumb people into government. When shit happens, they'll say "pray for PK" prayer isn't the way out of poverty or unicorns.
Read 16 tweets

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