Your Name any other details (site address, twitter handle, mail id(?) etc..
Name: Ronak Hindocha
Website: www.futurewise.co.in
Twitter: @RonakHindocha
E-mail: ronak.hindocha@futurewise.co.in
What exactly do you do?
We all know that managing personal finances in the real world is much harder than it should be. The main problem is the isolated nature of our financial activities. Whether buying or selling – most of us look at the transaction in isolation. If we rather look at a holistic picture while undertaking the transaction it will be much more logical.
But that requires time and expertise and is expensive as one would have thought. An integrated system which can take on this issue is yet to emerge. We, at Futurewise aim to fill the gap by making this critical service available to the masses (read, 25-45 age group) at an extremely affordable price point (Rs.299 per month), all this backed by a robust delivery platform (phone/internet). This 2 minute papercraft video explains the same: https://vimeo.com/26055133.
Why do you do what you do? Is it to make money, to become famous, to run away from something, to retire, to kill boredom?
Managing money is my passion. Plus, I see a huge opportunity to make it big in this field. Making money and becoming famous will be a by-product.
Is there anything unique in what you do?
Our approach towards managing this business itself is unique. Our belief in technology as a scale enabler, our belief in processes combined with constant efforts of making our clients life simpler through innovative solutions (like a goal based tracker that we have built, is one of its kind).
What happens if this fails?
This will NOT fail. I know there is dearth of quality advice and to top it all not many believe this can be scaled up. When there are pessimists all around you are sitting on a huge opportunity.
Any one or two incidents that make you shiver or feel proud of your journey so far?
Being a bootstrapped start-up I could not afford high costs. So, right from day zero I took punt on inexperienced but zealous guys, whether they are vendors or team members. It has paid off so far.
State one really bad habit and one good habit (if you actually have one)
Bad habit: Unable to handle work-life balance.
Good habit: Attention to details. In a start-up it is easy to get lost in the big picture thinking. I know how to balance the big picture with a razor sharp focus on the smallest of things.
Famous last words to the readers?
Most of us have it in us to create another Apple story. We just need to back ourselves enough.
Finally, say YES below the next para:
I solemnly put my hand on my religious book/favorite novel and swear that what I have said above (including my photos) is the truth. So help me, Rodinhood
Yes
You can be here next! Just visit this link and interview yourself!