Chapter 1: What inspired the founders to create MindStash?
Hello, Kazimo and Omar. Welcome to the Founders Podcast.
Chapter 2: How did the founders transition from idea to execution?
Pleasure to be here. Indeed. Great stuff. Great stuff.
Chapter 3: What is the significance of addressing information overload?
Before we start, guys, do you have a favorite quote, something that motivates you, inspires you, you would like to share with our audience? Sure. So something that inspires me is our people that's beyond success and after the success, they are coming back to use that to leverage and inspire others.
So people like Reid Hoffman or Naval Ravikant, that's, you know, the founded companies that achieve massive amounts of success in their own personal lives. And instead of retiring and using it for a life of hedonism or something like that, they are leveraging it into coming back
Chapter 4: How did the founders validate their market research?
and inspiring others inspiring founders and trying to push society into a better place and trying to be the change they want to see in the world and in my personal life i'm really inspired by buddhism and in that there is the notion of buddhisattva the one that awakens or achieves nirvana and instead of just going up to the mountains and enjoying their own beliefs they're going back to the market to the community to relieve people from their suffering
And that's kind of like a desire to help others and not only focus on your own material success is something that I'm really inspired by. I feel like a lot of people are looking at that end goal of achieving these exits and not seeing that as just a starting point of really doing the real work.
Chapter 5: What strategies did the founders use for pricing their product?
Yeah, doing something good. And that is very, very inspiring. Thanks for sharing that, Omar, because I see lots of founders nowadays who are majorly focused on quick exit. You know, they just want to make quick bug and then go exit and do something else.
Chapter 6: What influences shaped the founders' entrepreneurial journeys?
There are very few founders who are trying to actually solve a real problem, which affects them. which impacts a lot of lives in real world, right? So starting with that kind of mindset actually brings me to the place that, okay, there are people right now in our world who are trying to do something good, right? So thanks for that. Thanks for sharing that.
So let's take it to the next level then. Imagine you both are in a room full of ambitious founders, right? Early age builders. You walk into the room, you have the mic, you have the spotlight on you. The catch here is actually nobody actually knows you. They look at you and they say, oh, look at these handsome guys. What are they doing on the stage? Why are they there?
What are they going to talk about? So tell me, tell me about what will be your story to share with them so that these inspirational, these founders, early stage builders will stick with us for the rest of the hour. Yeah, so it all started kind of on a cold winter day like today, raining outside, the wind is blowing here in Amsterdam.
Chapter 7: What challenges did the founders face during fundraising?
And I woke up in the morning and had a full day of uni work to do and I was like, oof, but I keep running into that same problem over and over and over again, which is I'm finding interesting content and I want to save it and look into it later and digest it and kind of build out that second brain, that knowledge base that I can communicate with and that evolves similar to like my own brain does.
And then in that moment I was drinking a coffee and I was just like I don't want to just study today anymore I want to do stuff and a friend of mine recommended that day as well a blog post a done manifesto and at the time I was a little bit in a slump and I didn't quite know what to do and I really wanted to start building again but I was lacking that motivation and on that day I sat down and
Chapter 8: How do the founders engage with their community and gather feedback?
I started coding and I just was like, okay, no, I'm going to get this done. It's not going to be perfect. It's not the most sophisticated solution, but I'm going to get started and I'm going to do one step at a time to create and not just think, but to actually start doing. And that was a very pivotal moment.
And that's where the entire story of MindStash really started is by getting shit done and doing things. And now a couple of months later, we are here. We have raised money. We have an incredible team of people coming together and have contagious momentum of our community and surroundings of people who are passionate about what we're building and want to support us.
I just want to tell everyone who is in a similar situation, who has these ideas, who wants to start doing things, is to not just think about it, but to just sit down and get started. Because between thinking and doing, there's a huge difference.
And that activation energy, I think sometimes we just need to do it and scrap the uni work of the day or whatever plan we had and sit down right then and that moment and start it rather than just planning and just thinking about it because then nothing actually gets done on paper. Yeah, yeah. Execution is the best amount.
And as Omar said that, Nawal Ravi Khan, is that the right name I'm pronouncing? I think I have seen one of his talks, might be the TED Talks one. He always emphasizes on the execution part because we have seen multiple founders in our history who have done a very, very poor job when it comes to the product itself.
But the idea and the execution was so good that they have become a trillion dollar company. I mean, have you actually seen the first version of Amazon, right? That website was like crap, isn't it? The Airbnb first version was like, you know, basic HTML and they were like literally copying the listing from Craigslist to the Airbnb. So that reminds me that the execution is everything.
So guys, I know that you don't want to share the numbers around how much you have raised and something like that. But what inspired me about your story is, You have created a solution for a problem. And I want to talk more about what problem you're solving there. But you created an MVP and based on that MVP, you have raised, let's say for sake of the number, Ā£100,000 in UK, right?
How long it took you to create that MVP? Well, for the very first MVP itself, it was one day and that was a pretty shitty one. Like again, we're talking about that execution. So that was just kind of proving the point. And then in March, I basically locked myself up in the dorm room and started coding for about three weeks, three and a half weeks.
And then we had that initial web version of the MVP and that was kind of what carried us through the fundraising until now. And obviously now on the way we have been starting to build out our proper version and our next MVP iteratively. But the first product, yeah, it was initial few weeks of coding solo. Perfect.
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