There is a breed of Indian entrepreneurs - who “see opportunity and advantage” in working in a conflict zones even as others focus on danger, difficult or both...
If someone said to you; "I visit" Somalia or Afghanistan "multiple times a year," you will be forced to wonder why?!
We all have known friends, family members or neighbors who travel periodically to destinations such as Bangkok, Bali, London, Singapore, Hong Kong, etc., but who and why, on earth, would anyone repeatedly visit trouble-torn areas of the world.
Well!! There is a breed of Indian entrepreneurs- who “see opportunity and advantage” in working in a conflict zone, says PVV Rama Raju, a former banker who played a key role in setting and scaling up two private banks in Afghanistan.
According to Raju, a conflict zone provides unique “opportunity to achieve your goals or dream positions.”
Raju, who has turned a consultant, frequently visits Kabul to provide consulting services to private banks.
Meet Sriram Sekhar, founder of My-Healthconnect, a startup that connects patients, especially for the remote area, with doctors for "medical opinion."
Sekhar has made multiple trips to Somalia this year and has a fascinating insight to share on how and why he picked this African country for gaining traction and scaling up his business.
During my decade, long entrepreneurial journey: that took me to difficult areas namely, Afghanistan, Iraq, South Sudan and Haiti; I came across many Indian riskpreneurs (I prefer to call them) who took a tremendous risk to establish their venture in such trouble torn areas.
Similarly, for Sriram and Ramaraju their entrepreneurial journey pass through conflict zones of Somalia and Afghanistan.
Both the riskpreneurs concur; working in a war-torn area is a fulfilling experience.Further, they helped me map a few lessons for entrepreneurs from their experience...
- Establishing Credibility: Since the time India emerged as a medical tourism destination; there has been a continuous flow of foreign patients, to India, especially from African countries.
However, there is intense competition among domestic hospital to grab the market share leaving little space for start-ups such as My-Healthconnect.
Thus, Sriram was exploring ways to connect with Somalian patients. However, “the paramount thing” on his mind was “how to establish credibility in the foreign market,” says, Sekhar.
He came up with the idea of organizing a medical camp in Somalia with Indian doctors.
Sekhar approached his portfolio of small and medium Indian hospitals with the idea, and one of them offered to send a doctor to the camp.
He then roped-in three regional doctors one each from Somalia, Syria, and Lebanon. The medical camp turned out to be “a win-win for all involved.”According to Sriram, his start-up benefited on two counts; establishing creditability among locals and introducing My-Healthconnect platform to patients.
- Occupy mind-space: According to Sriram, the six days’ camps enabled him to occupy“Mind Space” of his target customer by directly promoting and educating them about the platform. No amount of money spent on advertising would have achieved this “one-on-one experience” and “direct two-way communication,” says Sekhar.
- Being smart with money: The whole trip was paid off by the revenue generated from the medical camp, says Sriram. Thereby the entire exercise was "net revenue neutral."“The trip turned out to be great” on two counts: “I did not have to bear the expenses for my pocket” and saw a jump in my user base,” says Sriram.”
- Joining the dots: Sekhar has an interesting story to share– on how he came to identify Somalia as the go-to- destination. From his past work experience in the healthcare sector, Sriram knew that “Somali citizen were coming to India even for small treatments” as their healthcare sector was not fully developed.
His research showed that Somali students, studying in Hyderabad, were driving the medical tourism as they either referred or brought their friends and family to the twin-city for treatment. This joining of dots helped Sriram home-on to Somalia as his first destination.
- Identifying the Differential: Sriram knew his venture had to have a differential- that could set his start-up above the big corporate hospitals. Thus, he decided to work with small and medium Indian hospital as they provided economical and personalized health care to patients.“The patient sees a lot of value with us,” says Sekhar.
- Community connect: Entrepreneurs tend to have a strong sense of joining and contributing to the society they work in. Similarly, during the week-long visit to the city of Bosaso in Somalia, Sriram took out time to deliver a lecture on healthcare & Career, at the University of Bosaso.“They were the perfect audience to talk to on healthcare and health-related careers,” wrote Sriram in his blog.
Ramaraju, an independent consultant argues, it is a "moral duty to impart knowledge and help in capacity building" of people in conflict zones.
He has conducted numerous training workshops for Afghans in banking and finance in the past few years.
Entrepreneurs while chalking their path, in some case, found their journey passing through conflict zones of the world.
They saw opportunity in it; while others focused on danger, difficult or both.
Above all, deeply ingrained in their thought process, is a sense of community services- that stands out prominently.
(The author is founder-CEO of AskMentor with businesses in Iraq and Afghanistan. Views expressed are personal.)Also Read: Startup Lessons: How to establish successful ventures in war zones