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How Do You Decide When to Pivot Your Startup? | Tarun Aleti
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Never Been Promoted Podcast with Thomas Helfrich
Tarun Aleti shares his journey from India to Boston and his experiences in building a successful startup. Known for his technical expertise and innovative approach, Tarun offers valuable insights into the challenges and triumphs of entrepreneurship in the logistics industry.
About Tarun Aleti:
Tarun Aleti is the co-founder and Chief Product Technology Officer at PartRunner, a company revolutionizing last-mile logistics with a focus on big and bulky items. Originally from Hyderabad, India, Tarun completed his undergrad at IIT Bombay and his master's at Northeastern University in Boston. With a background in civil engineering and construction management, Tarun transitioned from consulting to entrepreneurship, leveraging his technical skills to co-found PartRunner.
In this episode, Thomas and Tarun discuss:
- The Journey to PartRunner: Tarun shares his background, from his education in India and the US to his work as a consultant. He explains how his passion for entrepreneurship led him to co-found PartRunner with his partner, whom he met at an entrepreneurship event at Northeastern University.
- Challenges in the Logistics Industry: Tarun discusses the complexities of last-mile logistics, particularly for large, non-uniform items. He emphasizes the importance of adaptability and learning from customer feedback and investor input.
- Transitioning to Entrepreneurship: Tarun explains the dynamics of working with a co-founder and the importance of complementary skills. He highlights the challenges of hiring the right people and the strategic planning required to grow a venture-backed business.
Key Takeaways:
- Adaptability and Learning
The ability to pivot based on market needs and feedback is crucial for startup success. Tarun emphasizes the importance of being open to change and continuously learning.
- Complementary Skills
Having a co-founder with complementary skills can significantly enhance the startup's potential. Tarun's experience highlights the value of diverse strengths within the founding team.
- Focus on Today
When hiring, focus on the current needs of the company while also considering the potential for growth and adaptability in the future.
"The faster you learn and adapt, the better your chances of success in a startup." — Tarun Aleti
CONNECT WITH TARUN ALETI:
Website: https://www.partrunner.com/en/
LinkedIn: https://www.linkedin.com/in/tarun-aleti/
CONNECT WITH THOMAS:
X (Twitter): https://twitter.com/thelfrich | https://twitter.com/nevbeenpromoted Facebook: https://www.facebook.com/hovienko | https://www.facebook.com/neverbeenpromoted
Website: https://www.neverbeenpromoted.com/
Instagram: https://www.instagram.co
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Kapitler
1. How Do You Decide When to Pivot Your Startup? | Tarun Aleti (00:00:00)
2. Entrepreneurial Insights With PartRunner CTO (00:00:06)
3. Effective Hiring and Continuous Learning (00:13:04)
4. Navigating Startup Growth and Collaboration (00:21:57)
5. Financial Transparency in Startups (00:33:16)
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