About this episode
What if the biggest risk isn't starting a business, but waiting until you're "ready"? At just 25, Yash Daftary has already built FanBasis into a multi-million dollar platform that helps digital entrepreneurs 2-3x their revenue within a year. From starting his first business at 13 to raising a $20 million Series A, Yash reveals the mindset shifts that separate successful entrepreneurs from those who never take the leap. Connect with Yash Daftary: Website: https://bit.ly/4lIP7ja Instagram: https://bit.ly/45lMte8 X: https://bit.ly/3UCtcPo LinkedIn: https://bit.ly/4ltCeZX Timestamps 00:00 Intro of Show 1:53 - Five-Year Business Anniversary 2:21 - Family Entrepreneurial Influence 3:18 - Parental Mentorship Philosophy 4:11 - Natural Ambition vs Nurturing 5:45 - First Business at Age 13 6:35 - Risk Tolerance and Career Decisions 8:30 - Co-Founder Departure Story 10:18 - Family Support System 11:08 - College vs Thiel Fellowship 13:02 - College Value Analysis 15:52 - Fraternity Business Connections 17:20 - Current Mentorship Approach 20:43 - Building Leadership Team 24:23 - Core Values in Hiring 25:20 - Interview Process Strategy 28:08 - Young Company Culture 29:57 - Hiring Mistake Management 31:28 - Biggest Business Mistakes 32:57 - First Fundraising Rounds 36:38 - Series A Announcement 37:14 - Building Team Loyalty 38:50 - Avoiding Big Tech Hires 40:56 - Credit Card Processing Challenges 42:04 - Competition Strategy 43:57 - Customer Success Metrics 46:34 - Humility in Leadership 48:59 - AI Integration Plans 51:05 - AI Avatar Technology 52:53 - Connect with Yash Daftary Watch the “ David Guttman Podcast ” every Tuesday at 8 AM EST on YouTube https://bit.ly/3ZGK2yv Connect with David Guttman Website: https://bit.ly/4jclYvK Instagram: https://bit.ly/4iARMe9 TikTok: https://bit.ly/3P19NVm Facebook: https://bit.ly/49CQjQx X: https://bit.ly/4gH28aR LinkedIn: https://bit.ly/3Bx7Tc2 SUBSCRIBE TO: https://www.youtube.com/@OfficialDavidGuttman Download the “David Guttman Podcast” on all your favorite podcast platforms: Spotify: https://spoti.fi/3VE3fzV Apple Podcasts: https://bit.ly/3VLzm0v