#36 How to Build a Team Without Money | Yash Daftary

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

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