Role of coaches in #DigitalPakistan (Pt. 1)
Hosted by Global Pakistan Tech Summit Powered by Ejad Labs.
The insightful session was conducted by Saba Kalsoom, a community manager and partner at Work Nation Space. With Raheel Bodla, a Business Coach based in Silicon Valley as a guest speaker.
Raheel Bodla shared vital knowledge for startups in the hour-long session. He explained the role of a mentor as a person you reach out to ask advice because you want to do something similar to what they are doing. The role of a coach was also explained. Mr. Bodla described coaching as a formal engagement that offers three more befits that mentorship does not.
- Coaching provides clarity. Mentors can confuse you as different mentors will tell you different things based on their experiences.
- Coaching is sustainable. Mentors might not always have time for you because they do not do this full-time.
- Coaching has the factor of Accountability. You can hold coaches accountable, and they can do that for you as well. Coaches work with a plan and discuss your weekly progress alongside.
Raheel stressed that startups need both coaching and mentorship as it is a collaborative effort. The founder of a start-up already has subject matter expertise, so they need the coaching and business matter. A coach provides a business plan and tells you the market position. They help in marketing, sales, operations, finance, and customer success. These are the 7 dimensions of business. A lot of work is also put into the mindset and strategies.
Q: What are the criteria to choose a coach or mentor in the digital and startup ecosystem?
A: Reach out to a mentor or coach that has already done (successful) what you want to do.
Q: What do Pakistani startups look like compared to startups in the U.S?
A: A lot of people who study in the U.S and go back to Pakistan to start their work are doing an exceptional job because the purpose of universities is to surge the economy.
Q: Where does Pakistan lie on the global scale?
A: There is a lot of talent in Pakistan. Pakistan Tech Summit, Ejad Labs, and Startup Grind Pakistan bring startups to Silicon Valley. Venture Capitalists are considering funding Pakistani startups and consider them an amazing investment.
Q: Should one focus on High Tech, that is, go innovative when it comes to startups, or does it not matter?
A: Go with the one idea that you believe in. The one you would risk your life’s investment on.
Watch the full session here.