In this episode of figuring out, we have Amit Kumar Agarwal and Saurav Garg, the Founders of NoBroker.com. We talked about the future of tech-based businesses, the hustle behind building a startup, financial planning, and much more.
Saurabh Garg started NoBroker in 2014 after being unable to find a house that didn't require him to pay brokerage on classifieds and rental platforms.
He and Amit Kumar Agarwal and Akhil Gupta were inspired by how consumer internet platforms such as BookMyShow had eased movie ticketing and MakeMyTrip had eased travel booking.
Founded in 2014, NoBroker is a Bangalore-based startup in the real estate search domain. It connects flat and property owners with tenants and buyers directly through its platform, thereby making buying, selling, and renting of properties more straightforward, transparent, and affordable.
In this episode, we have discussed why startups fail and the things people don’t tell you about entrepreneurship. If you are interested in entrepreneurship, watch this episode till the end.
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00:00 - Introduction
01:47 - The idea of NoBroker
04:40 - Should startups focus on a lot of things?
06:50 - Elimination of middlemen
07:27 - Cost of disruption
09:16 - Tech eliminating jobs
11:03 - Empowering people through technology
13:36 - Who should pursue entrepreneurship?
17:20 - Framework to identify new business ideas
18:17 - Game of becoming a unicorn
21:53 - What is the motivation of Founders
24:05 - Stock Market Vs. Real Estate
27:20 - Top booming real estate markets in India
30:12 - How to start a business in a new industry?
34:35 - Where to put money for the next 3 years in India?
37:00 - Conclusion
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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.