The Startup Chat with Steli and Hiten
488: What Role Does Your Childhood Play in Entrepreneurship?
Feb 11, 2020
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Today on The Startup Chat, Steli and Hiten talk about the role entrepreneurship plays in your childhood.

Things that happen in our childhood play a big role in shaping our adulthood, and becoming an entrepreneur is no different. Most founders would agree that there were things that happened to them when they were kids that influenced their decisions to become entrepreneurs. 

In today’s episode of the show, Steli and Hiten talk about events that influenced them to become entrepreneurs, how your past is not your future, how our natural tendencies can affect us becoming entrepreneurs and much more.

Time Stamped Show Notes:

00:00 About today’s topic

00:14 Why this topic was chosen.

01:15 Things that influenced Hiten to become an entrepreneur.

03:03 Why Hiten’s father gave him some early advice.

03:42 The effect this advice had on Hiten.

04:31 How you get a better understanding of your childhood as you grow up.

05:54 Why how you respond to what happens to you is super important.

07:05 How your past is not your future.

08:24 Things that influenced Steli to become an entrepreneur.

10:12 How our natural tendencies can also affect us becoming entrepreneurs.

3 Key Points:

There were things that happened in your childhood that made you become an entrepreneur.My dad told me not to work for anyone.Your past is not your future.

[0:00:01]

Steli Efti: Hey everybody, this is Steli Efti.

[0:00:03]

Hiten Shah: And this is Hiten Shah.

[0:00:04]

Steli Efti: And today on The Startup Chat we're going to talk about what role your childhood plays in entrepreneurship and if it plays a role at all. So here's an interesting question. When you think back to your childhood, I do believe ... I have prior knowledge, but I do believe that there were things that happened during your childhood that played a role in you becoming an entrepreneur and how you develop as an entrepreneur. Is that true? Would you agree?

[0:00:33]

Hiten Shah: Yeah. Yeah.

[0:00:35]

Steli Efti: And I would agree for certain on my childhood and what role it played in me becoming an entrepreneur and how I approached the whole thing. So maybe let's just talk personal on this episode and talk about kind of what role our childhood played in it and how it influenced us. So when you think about your childhood, what are the immediate things that stand out where you go, well this is what happened during my childhood and how these events of things influenced me becoming an entrepreneur and what kind of an entrepreneur I became?

[0:01:08]

Hiten Shah: Yeah. Mine was very direct. So my Dad, when I was four or five, told me I shouldn't work for anyone. So I think he wanted to live vicariously through me and so he spoiled me at that point and said that. Then, over the years, he said three things. He said you could be an entrepreneur and work for yourself, the sky's the limit. That was his take on it. And he was already a workaholic. He's a physician, he's an anesthesiologist. So what would happen is he would come home from work, we would have dinner and then he'd actually take me to work with him. I would sit in, basically, the IT room and I would mess with the computers and stuff. That was his version of taking a kid to work. It was literally every day. And then by the time I was seven or eight I just sat there and messed around with the computers. I had one since I was eight. I would build them and break them and take them apart and learn all about them and get on BBS's and all that kind of stuff, the bulletin board systems from back then. I had dial up really early, Prodigy, AOL, all the good things and that was my childhood. The second and third things said were get married early and have kids early. So now what I'll say, and then I'll hand it over to you, is I've done everything he wanted so I don't need to l...

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