Arjun SinghFounder and CEO of LogiMonkey Published On: Saturday, December 19, 2015 Views 1891
"Unexamined life is not worth living."
Arjun has inherited the entrepreneurial acumen from his family taking the legacy ahead with his latest startup called Logi Monkey. Being solely trained by his father, he had the opportunity to closely observe the work culture in India. It was during this time that he strongly felt the need for a service that would help people from all walks of life, manage their urgent logistics requirements – be it corporates, SMEs, professionals, youngsters, senior citizens etc. Arjun was born in Delhi and holds a graduate degree in B.Sc. Management from the University of Manchester, UK with a specialization in Marketing. Apart from his business interests, Arjun is a fitness fanatic who loves to work out and play tennis. He also is a music lover and a passionate traveler who wishes to explore more in the future.
Logi Monkey is a mobile application platform that takes on those typical odd jobs, which involve outdoor running, providing seamless delivery service to its users. In his current role, he is responsible for the overall functioning of the company. In addition to this, he also spearheads the sales vertical and spends a lot of his time prospecting and pitching his unique concept and the associated vision.
Please provide a brief overview of your product/ service.
LogiMonkey is a multi-faceted delivery service. From misplaced or forgotten items to food, from same day gift delivery to grocery or medicine delivery. LogiMonkey cater almost every need within the network. The service works on aggregator model where main delivery workforce will be connected through smartphone apps and be deployed as and when needed.
The core concept of LogiMonkey is based on point-to-point delivery in the quickest possible time. Unlike conventional courier or delivery Company, LogiMonkey does not work on pick-warehouse-schedule-drop model. The weakness of this model is in the time consumed in the whole process as the packages are handled through multiple points in batches resulting escalated time of delivery. On the other hand, in the LogiMonkey model, the package is delivered in almost real-time taking the shortest route; batches are primarily based on the route that follows a time-feasibility paradigm.
What inspired you to build the above product/ service?
One day, I was totally occupied with lots of work and had no time to go to the market and buy what my mother asked me to fetch. Then and there, I felt a need for a guy to do so in place of me, but couldn’t really find one easily. Gradually I realized there are lots of people who are facing such problems on a regular basis. I spent the time to think on it and came up with an idea of errands. Before starting LogiMonkey, I kept talking to many people and concluded that such service is required
at certain times. I found the idea interesting and logical which acts as a man to deliver your things or do things in your absence.
What is your life mantra?
My only mantra in life is to keep doing what you want to do, one day everyone will understand it and will accept it.
What was the most challenging part of your journey till now?
Starting something new is in itself the most challenging part for any person. Earlier on the waters are always rough, it’s your hard work and luck which ensures whether you can weather the storm or not which in turn will take you to unscalable heights.
How did you overcome those challenges?
There are no certain challenges that I am facing.
Share some details about the investments that you have been able to fetch for the business till now.
As per the investments are concerned we are a bootstrapped company, but along the way we are developing talks with potential investors to come on board solely on the grounds of the work we could have achieved in the coming months.
How do you protect yourself from the problem of Brain Drain?
Brain Drain as a concept is invariably associated with every professional/ businessman, rather every human being in today’s time. It is a grind towards success so you can’t really consider that as a roadblock.
According to you, what are the three qualities an individual must have to achieve success?
Which online tools/ services/ apps do you use the most and would like to recommend as well?
I would recommend and use ‘Whatsapp.’
Share any one habit which you think makes you more productive.
Focus and the ability to never ever give up no matter how rough the sea is.
Share any one habit which you wish to change in yourself.
Sometimes, I feel that I am unable to maintain work life balance that I want to change as soon as possible.
Answer in less than 50 words
• One tip to success:
Be competent enough.
• One mistake you believe every individual must avoid:
A wishful thinking.
• One most important lesson that you have learned till now:
Always trust vibes not people around you.
What are your plans for next 3 years?
LogiMonkey plans to grow and reach out people all around the Indian geography and wants to be in million hands by the next three years.
If you get a chance to start your career again what would you do differently this time?
I find it interesting to change what I am doing, but I’ve spent much of my time and efforts in my life in building and crafting my career, only to get to a point in my life what I am doing right now. I wanted to be a part of career progress so built a personal brand for others.
What are your top three getaway destinations?
I am a kind of person who likes to travel and explore the world because I believe traveling opens your senses. My top three getaway destinations are:
Share a quote that inspires you the most.
“Unexamined life is not worth living.” This is the quote that inspired me to start a commercial venture on my own.