(Sanjay Singhal from 500 Canada speaks at Catalyst Series in Toronto. October 29, 2016)
The launch of TEx Ventures’ Catalyst Series in Toronto, in our books, was definitely – a success! A room full of aspiring entrepreneurs, early-stage startup founders and industry professionals from the South Asian community attended the Saturday workshop. We heard from serial entrepreneur and the Venture Partner for 500 Startups in Canada – Sanjay Singhal, who shared his journey both success and bankruptcy. He left the attendees with some sage advice to “take advice from people you would want to be and those who have done what you want to do.”
Here are some insights that we learned during the day:
“Re-conceptualizing markets, & thinking about Sri Lanka and Tamil Nadu, where there’s a great need for solutions.” – Parthi Paramsothy, TEx Ventures
“Entrepreneurship is high in Ontario due to access.” – Matthew Lo, Brookfield Institute for Innovation & Entrepreneurship
“Credit goes to Toronto’s multiculturalism in enabling different perspectives & diverse needs. This creates good soil for viable growth.” – Sigal Haber, Global Entrepreneurship Monitor
“Metrics are important to consider when effectively using paid marketing so you don’t blow your budget.” – Ramya Srinivasan, TechAdsPro
“Always share what you’re comfortable sharing but don’t hold on to critical information that determines your funding.” – Yuri Navarro, National Angel Capital Organization
Of course, there were many more amazing speakers throughout the day – who attended and shared their personal journeys and insight into their respective areas of expertise. We heard about the do’s and don’t’s of pitching, learned about key things to keep in mind when forming a legal entity or patenting your product. The questions to consider when choosing the right incubator or accelerator to join. As well, as hearing from four inspiring founders – Thomas Savundra, Renish Kamal, Ram Mangales and Travis Ratnam about the lows and highs of founding their own startups – from finding the right team to learning when to pivot.
Thank you also to Brookfield Institute for Innovation & Entrepreneurship, NACO Canada, Futurpreneur, OMERS Ventures, Founder Institute, Startup Toronto, Torys LLP, TechAdsPro and the Canadian Tamil Professionals Association for helping make this day possible.
In the coming weeks, keep an eye out for videos from our Toronto event and details about the upcoming Catalyst Series in San Francisco. Photos from the day can be seen here.