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Digital Entrepreneur Naren Balakrishnan Talks about Grant Thornton LLP

2024-02-23

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Guest Bio

Naren Balakrishnan was always fascinated by technology, even from a young age. Growing up, he spent countless hours playing with PCs and exploring the world of technology. As the .com boom took off, Naren's interest in technology grew substantially, and he immersed himself in the tech world.

Over the years, he has witnessed the evolution of technology, from the early days of the .com era to the current trend of AI and chat technology. With a passion for innovation and a deep understanding of the tech industry, Naren has become a respected figure in the technology field. His journey from a young technology enthusiast to a seasoned tech professional is a testament to his dedication and love for the tech world.

Key Lessons From Episode

  • Networking and building relationships are crucial for finding and supporting clients.
  • A good support system including mentors and partners can help startups focus on their core strengths.
  • The Canadian government offers substantial funding opportunities, especially for R&D projects.
  • Entrepreneurs should not shy away from innovative ideas as there is ample support available now.
  • Having a blend of passion and a corporate environment can lead to professional satisfaction.
  • Keeping updated with funding options can significantly enhance a startup's growth potential.
  • Timestamps

    [00:00] Introduction – Phil Better kicks off the episode.

    [00:31] Guest Introduction – Naren Balakrishnan is welcomed by Phil Better.

    [02:08] Naren’s Background – Naren shares his journey from computer science to consulting.

    [05:16] The Role at Grant Thornton – What Naren does and how he blends his passions.

    [07:14] Networking & Prospecting – How Naren approaches client acquisition and networking.

    [10:49] Overcoming Challenges – Common issues faced by startups and how Naren assists them.

    [12:06] Government Funding – Discussing the types of programs available to Canadian startups.

    [15:57] Tips for Startups – Advice for small businesses on accessing government support.

    [19:57] The Changing Landscape – How funding opportunities have evolved over the years.

    [22:30] Success Stories – Naren shares a story of a startup's success with government support.

    [25:09] Advice for Entrepreneurs – Naren’s tips for those looking to start their own business.

    [27:17] Goals for the Year – Naren discusses his personal and professional goals.

    [28:31] Closing – How to connect with Naren and final thoughts from Phil Better.

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