The Realities of Startup Life with Kumesh Aroomoogan | Accern's Path to Success in the World of NLP

May 1, 2023 · 1h 37m 37s

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Kumesh Aroomoogan, the co-founder and CEO of Accern, joins Jepson Taylor on this soulcast to discuss the unique dynamic between co-founders. Similarly to a marriage, co-founders should make sure they want to spend a long time together before they jump into a business. Kumesh has joined the ranks of Forbes 30 Under 30 for Enterprise Technology and is a major contributor to Forbes AI for Finance. They also discuss healthy ways to manage stress and dive into the gritty details of what a dedicated entrepreneur is willing to do to save their company. "So for a lot of the executives, we want them to learn together with us and so every new milestone and every new success, they should be involved because they're part of the company. They're helping the company grow...We don't keep it a secret and I think transparency within the leadership team is super critical."

Working as an accountant 3:00
Picking a co-founder 13:10
Early struggles 18:35
Managing stress and running out of money 25:35
What Accern has become 33:00
Does the current AI hype help? 36:25
Being strategic 39:10
How to hire good leaders 42:00
Managing your own time 46:25
Meditating 48:50
If Kumesh wasn’t doing a startup 52:33
His super power 53:40
Hiring the right sales profiles based on the stage you’re at 62:40
Equity and stock options 65:00
Ego 67:50
How to prioritize 69:35
The vision 72:35
Sentiment 75:25
His legacy 77:40
Chat GPT-4 85:45
Cold showers 89:30
What keeps them from selling 92:20

“How do you pick a co-founder? Because it’s like getting married.” “It’s all about the personality and making sure that you can work together with this person. I would say skills and technical abilities and all that stuff, that’s there, sure, but it’s, can you be good friends with this person? Can you have a friendship? That’s kind of how you should choose a co-founder because at the end of the day you’re gonna be spending 5-10 years with that person, so you wanna make sure that you can have a friendship with that person, above skills and above a lot of things.” 13:15

accern.com

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Author	LaunchPod Media inc.
Organization	LaunchPod Media
Website	-
Tags	#ai #artificial_intelligence #behavioral_psychology #ben_taylor #business_innovation #business_technology #cognition #cognitive_psychology #consciousness #data_science #data_scientist #entrepreneurship #innovation #jepson_taylor #leadership_development #machine_learning #strategic_technology #tech_ceo