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Gaurav Singh
I help driven Founders become world-class CEOs — so their startup ‘gets better, as it gets bigger’ & they don't burnout // Share lessons from 321 Education (0→~100 team, 300,000 learners, 10yrs) & current Solopreneurship
Gaurav Singh is an accomplished individual who founded and successfully scaled 321 Education Foundation, an organization dedicated to improving education quality for underprivileged students in India.
Throughout his journey, Gaurav faced various challenges and setbacks but emerged stronger with valuable lessons to share, particularly with young Founders and CEOs.
Under his leadership, 321 Education impacted over 300,000 students, 20,000 educators, and 2000 schools, significantly enhancing student learning outcomes.
Gaurav's innovative approach garnered attention from documentaries, books, and numerous reputable publications, highlighting the organization's groundbreaking work.
Recognized for his contributions, Gaurav received prestigious fellowships from Ashoka and Echoing Green for his outstanding work with 321 Education.
Transitioning from the CEO role in 2021, Gaurav now serves as the board chair, focusing on supporting the current CEO and mentoring driven Founders to navigate the challenges of scaling their companies.
With a background in Electronics & Communication engineering, Gaurav brings a wealth of experience from his tenure at organizations like 5D CEO Consulting, Ashoka, Teach For India, and Accenture.
Passionate about helping Founders evolve into effective CEOs, Gaurav offers consulting services, courses, and a supportive community tailored to individuals facing the pressures of rapid growth and leadership transition.
His vast speaking engagements at prominent platforms like TedX, ISB, and Teach For All reflect his dedication to empowering entrepreneurs and building resilient leadership in the startup ecosystem.
For aspiring Founders seeking guidance on sustainable growth and preventing burnout, Gaurav's insights and mentorship serve as a valuable resource to navigate the complexities of scaling ventures effectively.
Highlights
“Shit! We won’t have enough cash to pay salaries” I never imagined I would say this in Month 1 of our startup After we survived this nightmare, I made 2 promises to myself:
When I started 321 Education in 2011, raising money was incredibly hard. I got my first Yes after ~350 outreaches & rejections. But after a year of struggle we finally had the money & a superstar team.
To start, we were incubated under another organisation that would take money from our funders on our behalf & pay our people while we sorted out all the numerous legal registrations.
But 2 days before the 1st salaries have to be paid, I get an email from the incubator. They say there is a a new law which will take 1-2 months to resolve so they won’t be able to pay salaries till then. Shocked, I call them in panic. After a lot of negotiation & even pleading, I realise there’s nothing I can do.
I walk back to the team who are engaged in a passionate debate about our brand colors. They ask for my opinion but I am too zoned out to engage.
They are all superstars who had tons of ‘safer’ options to join. But they trusted me & joined 321. And now I can’t even pay their salaries.
The day passes in a haze but by evening I gather up the courage to share this news with them.
I explain the situation, it’s impact on them, what I have done till now, my plan ahead & possible scenarios. They are stunned & I can see many are wondering how they will cover rent.
I am expecting a blowup but instead they thank for me for being honest, reiterate their trust in me to figure this out & share that they will find a way to manage on their end.
I can’t explain the gratitude I felt in that moment for these rare & special people. Eventually, the payment issue got resolved & we were able to pay salaries from the 3rd month.
But this incident deeply impacted me & I made 2 promises to myself:
1️⃣ I WILL ALWAYS START WITH MISSION & VALUES FIT → For recruitment, I had taken a call to first filter based on resonance with our mission & values & then look at technical skills → This incident validated the approach. We weathered a very tough situation because we had people who deeply wanted to be here → I doubled down on this approach & it became the secret for our success & resilience
2️⃣ I WILL ALWAYS HAVE ENOUGH MONEY IN BANK → I vowed never ever to be in this situation again → I prioritised cash flow management & always having enough buffer in the bank → When I stepped down as CEO, I ensured the org had 1 year of cash in bank. I didn’t want the incoming CEO to go through what I had.
I was 25 when I became CEO & frankly I wasn’t prepared for many of these difficult challenges.
But I guess you are never really prepared. You do your best, learn your lessons & try not to repeat your mistakes. And if you are lucky you have incredible companions on the journey.
#startup #founder #team ——————————————————-
Do you have any cash flow challenges or team resilience stories you can share?
”OMG I have misunderstood Entrepreneurship” I realised this when I read the Running VS Surfing metaphor One of the most 🤯 Startup concepts I have ever read…
Running is a common way people describe entrepreneurship.
You pick a path & then run with focus. You run to the best of your ability & don’t give up.
In the race, the conditions are same for everyone & you have a lot of control on what you are doing. So success mostly comes down to your talent, training & tenacity. Do the right things well enough & long enough & one day you’ll win the race.
But running is the wrong metaphor for Entrepreneurship (& even life).
A much better metaphor is Surfing. Because in surfing, there is 1 factor which has an enormous impact on your success, it’s different for everyone & you have no control over it.
What’s that? The Wave.
Andy Rachleff explained it best: → Great Entrepreneur + No/Bad Wave = Nothing happens → Ordinary Entrepreneur + Great Wave = Something might happen → Great Entrepreneur + Great Wave = Magic happens
The moment I read this, I realised that I had made a huge mistake. I had spent all my time trying to become a better entrepreneur & leader. I had given almost no thought to the wave.
And this explained why some leaders of a similar caliber as me were having more success. They were brilliant at picking the right waves.
This was humbling but clarifying. I could finally see the full equation. I just had to work on the half I had ignored till now.
Eventually I synthesised my learnings into 5 lessons. I kept the surfing metaphor as a reminder.
Sharing here in case they help: 1️⃣ Study what creates success in your field & the best paths to get there (learn what makes for a great wave & where/when they are generally found) 2️⃣ Keep honing your skills (you still need to be a great surfer to take advantage of a great wave) 3️⃣ Consciously spend time with people & in places where great opportunities are found (You can’t catch a great wave from the beach. You have to be in the ocean, ready & looking) 4️⃣ Remember the role of timing (Even with a great wave, when you get on it matters. Too early & you will be positioned wrong & too late & you will likely nose-dive) 5️⃣ If you do catch a great wave, ride it all the way to the end (There’s judgement + skill + luck involved in catching a great wave. You won’t catch too many so make sure to make the most of the ones you do catch)
Finally, I think these lessons are applicable for anyone trying to make a successful career & not just entrepreneurs.
Wave = Those foundational decisions that you make at the start of your journey & which have a disproportionate impact on how the journey plays out.
Eg: the field you are in, what role you play in the field, the company you join, when you join it etc.
————————————— Does this wave & surfing analogy resonate with you?
#surfing #entrepreneurship #startups
