Solving Difficult Problems With Curiosity with Kushal Nahata, FarEye

Solving Difficult Problems With Curiosity with Kushal Nahata, FarEye

March 9, 2022

Kushal Nahata had no formal business education and almost no industry experience when he founded his logistics company, FarEye. What he did have though, in abundance, was an unrelenting curiosity, a passion for learning from those around him, and problem solving. In today’s episode, Kushal shares what he loves about being an entrepreneur. He also discusses how he has grown FarEye into what it is today and what success means to him at this stage of his career.

About Kushal Nahata: 

Kushal Nahata is on a mission to democratize delivery systems so that everybody can seamlessly access the goods they want. He has an engineering degree, and his past work experience includes training engineering students and heading up business development and strategic planning. The Software Report has mentioned him in the coveted 40 under 40 list by Business World and The Top 25 Software CEOs of Asia for 2020.

How to cultivate problem solving skills as an entrepreneur?

As an entrepreneur, problem solving is a skill that can make or break your success. The ability to effectively navigate challenges, overcome obstacles, and find innovative solutions is invaluable. Here are essential tips to help you cultivate and strengthen your problem-solving skills.

Be a good listener

Effective problem-solving starts with active listening. When faced with a problem, take the time to listen attentively to all parties involved. Seek to understand different perspectives, concerns, and underlying causes. By deep understanding of the problem, you can identify the root causes and develop a solution that addresses the issues. Active listening also fosters stronger communication and collaboration, creating an environment where diverse insights can be shared and considered.

Be creative

In problem-solving, creativity is your greatest asset. Challenge yourself to think beyond conventional solutions and embrace creative thinking techniques. Encourage brainstorming sessions that encourage wild ideas and unconventional approaches. By exploring alternative perspectives and considering diverse possibilities, you can uncover innovative solutions that may have otherwise been overlooked. Nurture your creative thinking skills through activities like mind mapping and exploring unrelated industries for inspiration. You can also seek out fresh perspectives from outside your immediate field.

Be Persistent

Problems are rarely solved with a single attempt. Persistence is key when it comes to effective problem-solving. Embrace a mindset that views obstacles as opportunities for growth and learning. Remain committed to finding a solution, even in the face of setbacks or initial failures. Continuously iterate, adjust, and refine your approach until you discover the most effective resolution. Remember, some of the greatest breakthroughs in business have come as a result of perseverance and tenacity.

By embracing these strategies, you’ll be well-prepared to tackle any obstacle that comes your way, paving the way for growth and achievement in your entrepreneurial endeavors.

In This Episode:

  • Why Kushal sees his journey as an entrepreneur as one of his greatest gifts. (02:15)
  • Where Kushal has learned everything he knows about business. (05:47)
  • Qualities that have allowed Kushal’s logistics company, FarEye, to grow the way it has. (07:16)
  • Milestone moments for FarEye. (09:16)
  • Why you should put your customers’ happiness first. (13:15)
  • Character traits that Kushal believes have been instrumental in his success, and an example highlights this. (15:00)
  • How FarEye has evolved over the years. (18:11)
  • What you should and shouldn’t be focusing on as an entrepreneur building a business. (20:20)
  • Advice for building a great team. (22:19)
  • How Kushal’s definition of success has changed as his business has grown. (26:39)
  • Goals that Kushal has for the future of FarEye. (31:17)

Key Takeaways:

  • The entrepreneurial journey is a rollercoaster, full of ups and downs, and that is exactly what makes it such a gift. So let go, and enjoy the ride!
  • Although educational institutions have a lot of value, sometimes the best way to learn is by experience and through understanding the experiences of others.
  • Don’t let other companies intimidate you just because they are doing things on a bigger scale; as long as you are flexible and adaptable, you can grow as large as you want to.
  • Keeping your customers happy should be your number one priority, and to do so, you need to look after your team.
Best Advice Kushal Would Give: 
Continuously learn from the people around you who have different knowledge and skillsets. “[I learn by] reading people. That’s the school I’ve been in for the last 8 to 10 years, and it’s the school I want to stay in forever. Meet people, learn from them.” (06:01) 
How Kushal Defines Success for Himself  (29:48) 
“Delivering promises to [my team] and making them get wealth from that, that’s something I look at as a great success for myself. The other is from creating a benchmark.”

Connect with Kushal 

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