Krishen Iyer is a serial entrepreneur and the founder of 1,000 startups. He has a deep understanding of what it takes to build successful companies from scratch and what it’s like to start over after failing. In this interview with Crunchbase News, he talks about his journey as an entrepreneur and how he got started! Krishen Iyer has always been interested in startups and how they work. After getting his MBA from the Wharton School of Business, he started his first company, a mobile payments platform.
Unfortunately, the company didn’t take off, and Krishen Iyer had to shut it down. However, this experience taught him a lot for his future and taught him about what it takes to build a successful startup, and he was able to apply those lessons in his next venture. Today, Krishen is focused on helping other entrepreneurs succeed. He’s the founder of 1000 Startups, an accelerator that helps startups grow their businesses quickly.
In addition to this, Krishen Iyer also mentors at various accelerators and startup programs around the world. When asked about the biggest lesson he’s learned about entrepreneurship, Krishen Iyer says that “the most important thing is to be able to pivot when things aren’t working” (Yahoo).
He also adds that it’s straightforward for entrepreneurs to get emotionally attached to their business. This can result in them being unable to see the reality of the situation, which could lead them down a path they didn’t want or expect. Krishen Iyer has always been an entrepreneur at heart! It was his dream since he was young, so when he needed guidance with one company, he founded another, which became successful because of the experience he learned along the way.