Parth Shah & Parth JainFounders of Studysid Published On: Thursday, July 07, 2016 Views 6363
"Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine".
The dynamic duo, Parth Jain and Parth Shah have deep understanding about their respective professions. Parth Jain started his career at Shah & Purohit Chartered Accountants by working as an article assistant, whereas, Parth Shah started his career as a software developer by working at Zeus Learning. The duo, led by frustration due to unavailability of local publications on both, physical stores and online stores, conceptualted Studysid, which is an educational marketplace that acts as a bridge between students and edu-service providers by displaying in-depth information for the same
Please provide a brief overview of your product/ service.
Studysid is an educational marketplace bridging gap between students and edu-service providers ( teachers , classes) by displaying in-depth information for the same. It enables the user to search and discover various deals and incentives as well.
What inspired you to build the above product/ service?
The issue with books of local publications was no home delivery, cramped up bookstores, go there twice yet the books not available plus these books are not available on Flipkart/Amazon. Hence, just to provide a simple service to cater that many issues was inspiring. Also regarding our new product search, discovery & booking of academic and co-curricular classes , we saw the extreme dependence on a few word of mouth reviews , lack of exhaustive options and no incentives to learn better and beyond the normal. Hence this opportunity was inspiring and motivating. The boom in the Indian Startup ecosystem was definitely a push factor.
What is your life mantra?
Persevere, hustle, fail, do not give up, work and eventually succeed !!
What was the most challenging part of your journey till now?
Everything has been a challenge but a fun challenge . Right from convincing parents and family, making interns work , convincing clients to get on board without even having our new product ready , not taking up a job being 23-24 years old. In fact creating the flow of our business model has been difficult and we are experimenting regularly.
How did you overcome those challenges?
We believe motivation is the key and we have just managed to share our vision with parents , interns , ourselves over and over again to tackle these challenges. We celebrate every achievement like this interview with Yo! success and this pushes us further seeking the next glory.
Share some details about the investments that you have been able to fetch for the business till now.
We are currently bootstrapping from our savings and other part-time commitments. We had been offered a small round in our ideation phase but we decided to wait till we could sustain. We will be looking to raise once we launch our new website in the coming month.
How do you protect yourself from the problem of Brain Drain?
Travelling , watching sitcoms , friends and more importantly cricket every Sunday morning. We came up with the idea of Studysid after a game of cricket only.
According to you, what are the three qualities an individual must have to achieve success?
Undying perseverance , hardcore Passion , strong analyzing/questioning abilities
Which online tools/ services/ apps do you use the most and would like to recommend as well?
Instagram & Facebook for marketing and social awareness. Startup blogs and Youtube for inspirational videos.(highly recommend)
Share any one habit which you think makes you more productive.
Constantly writing tasks / notes in my diary
Share any one habit which you wish to change in yourself.
Reluctance to travel to far-off places in Mumbai for meetings, promotion etc.
Answer in less than 50 words
- One tip to success:
As mentioned , Perseverance is the key and also to analyze is it just pure perseverance or are you finding alternate ways to reach your goal daily. Just Do not give up !
- One mistake you believe every individual must avoid:
To rely on luck and destiny. Opportunity knocking on door is luck but hardwork makes you grab it .
- One most important lesson that you have learnt till now:
Not to waste college years and do some business then or learn something beyond academics.
What are your plans for next 3 years?
We will be focusing on the things at hand. Grow geographically and horizontally in this domain. However, on short term basis our new website will be launching this month.
If you get a chance to start your career again what would you do differently this time?
Reduce focus on marks , ranks and percentage and focus on learning beyond books.
Share a quote that inspires you the most.
“Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine”. – Jack Ma