Chavan Krishna is no stranger to the challenges of entrepreneurship. As the co-founder of Strike, he has navigated the unpredictable world of startups, learning valuable lessons along the way. His journey is not just about business success but about the mindset required to overcome obstacles and grow in an ever-changing market.
Entrepreneurship is often portrayed as a glamorous pursuit, but the reality is quite different. Chavan Krishna understands that every day brings new challenges, and they don’t simply disappear over timethey evolve. The key to long-term success is not in avoiding difficulties but in learning how to manage them effectively. In his experience, the right strategies, team, and approach can make all the difference in turning setbacks into opportunities.
The Team is Everything
One of the most crucial lessons Chavan Krishna learned early in his entrepreneurial journey was the importance of having the right team. Initially, he outsourced developers and designers, assuming it would be cost-effective. However, this decision proved to be a major misstep. The final product had issues, and the lack of a dedicated, in-house team resulted in a lack of focus and accountability.
This realization led Chavan Krishna to build a strong, committed team that shared the company’s vision. He understood that a business cannot thrive without a group of talented individuals working in sync toward a common goal. A well-structured in-house team ensures that the company’s standards are met consistently, and the product development process is smoother and more efficient.
Focus on Expertise
As Chavan Krishna expanded his team, he made a conscious decision to prioritize expertise. Instead of hiring generalists, he focused on bringing in experienced developers, designers, SEO specialists, and product managers. This strategic approach allowed Strike to streamline its operations and address challenges with precision and efficiency.
Having a team of 22 skilled professionals has enabled Chavan Krishna to create a structured workflow where every individual understands their role. Expertise brings confidence, and when each team member excels in their domain, collaboration becomes seamless. This emphasis on hiring the right talent has significantly contributed to the company’s success and stability.
Outsource Only When Necessary
One of the most common mistakes startups make is outsourcing key aspects of their business to external agencies. Chavan Krishna realized that while outsourcing may seem like an easy way to cut costs, it often leads to inconsistencies and a lack of control over critical processes.
Instead, he adopted a strategic approachoutsourcing only where absolutely necessary. For example, legal support was an area that required external expertise, but product development and marketing were kept in-house. This decision ensured alignment with the company’s vision, better accountability, and ultimately, superior results.
Resource and Time Management
Every entrepreneur knows that time and resources are limited. However, effectively managing them is what separates successful businesses from struggling ones. Chavan Krishna found that once he had the right team in place, managing time and resources became more structured and efficient.
With a clear organizational structure, everyone knew their responsibilities, which led to smoother collaboration. Tasks were executed with precision, and unnecessary delays were minimized. This level of efficiency not only improved productivity but also fostered a culture of responsibility and teamwork within the company.
The Entrepreneurial Mindset
Beyond team-building and strategy, Chavan Krishna emphasizes the importance of mindset in entrepreneurship. He understands that no business journey is free of obstacles, but the way an entrepreneur perceives challenges determines the outcome. Resilience, adaptability, and a willingness to learn from failures are essential traits for success.
Chavan Krishna believes that problems are not setbacks but opportunities to innovate and improve. Every challenge faced by Strike has been a stepping stone toward growth. Instead of being discouraged by difficulties, he has used them as motivation to refine processes, enhance team collaboration, and build a stronger business foundation.
Final Thoughts
The journey of entrepreneurship is demanding, but with the right approach, it becomes a fulfilling experience. Chavan Krishna has demonstrated that success is not about avoiding challenges but about tackling them head-on with determination and strategic planning.
His insights into team-building, expertise, outsourcing, and resource management provide valuable lessons for aspiring entrepreneurs. At the core of his philosophy is the belief that a business is only as strong as the team behind it. By fostering a collaborative and efficient work environment, companies can overcome obstacles and achieve sustainable growth.
Entrepreneurs can learn a great deal from Chavan Krishna’s journey. His experiences highlight the importance of making thoughtful decisions, hiring the right people, and staying adaptable in a constantly evolving business landscape. The lessons he shares serve as a guide for those who are navigating the complexities of building and scaling a business.
Success in entrepreneurship is not about luckit is about strategy, persistence, and the ability to learn from every experience. Chavan Krishna continues to embody these principles as he leads Strike toward greater achievements. His journey serves as an inspiration for those who aspire to make a mark in the business world.
What’s your biggest lesson in entrepreneurship? As Chavan Krishna would say, challenges will always exist, but the right approach will determine your success.
