Interview with Sumit Kumar | Nulearn
I hope this can inspire you to become a successful entrepreneur too! Why is it important to hear the story of a successful entrepreneur?
Having the vision to become an entrepreneur is great. Making it happen is another story!
In that frame, I had the pleasure to interview Sumit Kumar, the founder of Nulearn. Nulearn is an innovative educational platform that curates upskilling and training solutions in the light of emerging Industrial developments.
Advancement and innovation have been my ultimate goals. In this industry, it has always been a challenge to introduce new courses and form a community. Being able to deliver your customer and build a relationship with them is another important aspect we need to focus on. In today’s world of technology, my main focal point is to work on the process of implementation. The idea is to make the organization customer-friendly and being able to start a revolution by building the strongest customer-support system to make it more accessible for the professionals who are willing to grow in their respective careers. – Sumit Kumar
1. What gets you out of bed in the morning i.e what’s your source of motivation?
Other than feeling grateful to God for another beautiful day, I would say my family is my source of motivation. Hadn’t they been there in my journey, I would have not succeeded as I have today.
2. Why should people choose your product/services?
Because I believe in Customer Satisfaction. I and my team have been working rigorously to provide the best services to our customers. We are the first company in education space in India who have automated their entire process with an in-house Learning Management System integration for working professionals who are enrolled with us. Now, everything is available to them at one platform, they need not worry about the study material, lectures or class recordings.
3. What’s your competitive advantage and why can’t it be copied?
My competitive advantage as an EdTech firm would be to keep up with innovation in terms of course and providing the best education experience to my enrolled professionals. Because that’s our primary focus and I believe we are having a great response from our students.
4. What risks are you facing?
The only risk into education space is if you are not providing services as per the industry trends. That I am, so I won’t say there is any risk factor as of now.
5. Have you considered any alliance/partnership?
Not as of now, but I am planning to expand overseas so I might get into a partnership soon.
6. What comes first for you money or emotions?
Money and emotions go hand in hand. You can’t be an emotional fool either can focus only on earning more money. There has to be a balance of both in order to grow and reach the goals you have designed for your organization.
7. What are your strengths and weaknesses?
My biggest strength is my family’s support and my team’s efforts, like these two things, have always been the pillars of my success. You know it’s important to maintain a balanced work and personal life, and these two factors determine that for me. So, yes I am grateful.
8. Tell me about an accomplishment you are most proud of.
I recently received the Indian Young Achiever Award 2019 and that moment to me and my family is precious. It’s great to receive such valuable awards, it keeps on boosting your confidence.
9. How do you handle the pressure?
By analyzing and then doing. Just making decisions doesn’t help all the time, sometimes you have to be patient and think through. Thinking and discussing with my Advisors make it easy for me to handle pressure and stressed situations.
10. If you sold your company today, what would be the tone of the conversation? What would you want to gain? What would you want to avoid losing?
God forbid! I would never want to sell Nulearn. I have put my heart and soul into building this organization, so selling it at any point won’t be easy. I am a very strategic man; you think I haven’t kept a backup to save my organization from such hurdles?
11. What advice would you give to someone starting out?
I would say that be smart, don’t do unwanted expenses in the beginning, give yourself some time to understand the market place. The initial months are slow, you will also make lots of mistakes but that shouldn’t affect your goal. Take it slow and steady and then once you find the stability you are going to bloom.
12. What’s the one question you were expecting most and I haven’t asked you?
I was expecting you to ask me about my turnover, but I am glad you didn’t because I would have dogged it anyways!
