About Snehil Khanor
Mr. Snehil Khanor is a seasoned tech entrepreneur and the Founder & CEO of TrulyMadly, one of India’s largest matchmaking apps with nearly ten million downloads. Snehil advocates for sustainable business practices, coining the term ‘Frugile Methodology’ (Frugal+Agile) for startups.
Career Highlights
Snehil began his entrepreneurial journey 14 years ago, launching a social networking site, along with music and video streaming portals, while still in school. In 2011, while studying Computer Science, he joined Letsbuy, an e-commerce startup, and developed their mobile app and site, contributing to its acquisition by Flipkart in 2012.
He later co-founded Findyahan, a services marketplace, which was acquired by Zimmber in 2016, where he served as Vice President of Product & Marketing until Zimmber’s acquisition by Quikr.
In 2017, Snehil joined Spice Digital Limited as Vice President, leading the government project ‘UMANG’, launched by Prime Minister Narendra Modi. Returning to TrulyMadly in 2018, Snehil has significantly grown its user base and revenue.
Investments and Mentorship
Snehil is also an angel investor and mentor to nearly a dozen startups, including Almo Wear, Stage/WittyFeed, TheManCompany, and Unshaadi.
Education & Personal Life
Snehil holds a B.Tech degree in Computer Science from Apeejay College of Engineering, Gurugram, and enjoys traveling, photography, reading, and playing online games in his leisure time.
Entrepreneurs led Curriculum
- Developing personal qualities like patience is essential, especially when there’s constant firefighting, as it also increases tolerance.
- The comfort zone is a cycle—you repeatedly enter and exit it. A single routine followed for a long time becomes your comfort zone.
- Although a daily routine may not always be followed, certain parameters must be met. For example, walking should be done either in the morning or night, but it has to be done, along with activities like reading a book or spending time on LinkedIn.
- I aim for around six hours of sleep but often fall short.
- Ninety percent of startups fail, so entrepreneurs must embrace uncertainty. Success, when it happens, is an asymmetrical outcome—high risk, high reward.
- Education should not be entirely equated with entrepreneurship, as they involve very different mindsets.
- Not every entrepreneur is suited for a traditional job, but 99% of people need to work in jobs. Not everyone can embrace uncertainty.
- An entrepreneurial mentality often struggles to succeed in a traditional job setting.
- Self-belief is crucial because no one else will believe in you. Self-confidence is built daily from a young age, with every small achievement contributing to it.
- Both soft and hard skills are necessary—soft skills help you get a job, and hard skills help you perform well in that job.
- Both types of skills are equally important.
- Having only soft skills might get you the job, but you won’t be able to perform without hard skills.
- The world and technology are changing so quickly that staying updated is not optional.
- In school, you learn how to learn. The knowledge you gain there doesn’t directly apply to your job, but the learning process does.
- School provides a safe space to learn and develop a creative side with an effective curriculum, but not everyone needs to be creative.
- If an accountant wants to be overly creative, it can cause issues.
- Creative individuals might struggle to follow processes.
- Many young people avoid hard work, preferring to strategize instead.
- Schools should teach the importance of hard work.
- A job is just one-third of your life.
- We often say that school learning doesn’t apply to work, but education is about more than just getting a job; it’s one-third of life.
- To live a well-rounded life, you need well-rounded knowledge, which is taught in school.
- College teaches survival skills and offers exposure to the outside world, both of which are beneficial.
- A child who learns career skills during or after college can do well.
- Books like “Good to Great,” “Zero to One,” and “Lean Startup” are excellent resources for students interested in startups.
- Risk and reward are constant considerations in entrepreneurship.
- A vegetable seller and a sage might both be happy, but an entrepreneur is driven by a purpose, which keeps them aligned. Others might not need a specific purpose to be happy.
- A good life can be lived by going with the flow.
- Financial independence isn’t about retiring at 40—what will you do for the next 50 years?
- Financial independence should mean being able to buy basic necessities without second thoughts.
- Life’s true independence often begins after 30. With financial independence, you won’t work resentfully.
- Even though I might be able to retire based on calculations, I wouldn’t choose to live idly.
- Entrepreneurship is about solving a problem you’re passionate about; otherwise, you won’t sustain it for long.
- A vegetable seller or a freelancer can also be considered entrepreneurs.
- Words are created for a reason—business was already a term, so why the need for “startup”?
- Entrepreneurship is about a growth mindset.
- While 99% of startups fail, 100% of entrepreneurs succeed in their growth and learning.
- When we were young, we chose entrepreneurship without much dialogue or content around it—just the drive to do something on our own.
- If we start teaching entrepreneurship like engineering or medicine, it will become another rat race.
- Originally, entrepreneurship was an escape from the rat race, but if taught like engineering, it will become another rat race.
- Many people pursue startups for the wrong reasons, which is not the right approach.
- After the 8th grade, education should filter students to help them choose their own paths.
- The curriculum is good, but equal emphasis must be placed on co-curricular activities, which often lack proper execution.
- Entrepreneurship cannot be effectively designed into a course—it’s about creating something that didn’t exist before. Making it part of a curriculum diminishes its effectiveness.
- Even if two entrepreneurs run the same type of business, each will do it differently.
- Entrepreneurs don’t necessarily need formal education.
- No curriculum can make an entrepreneur; MBA schools are designed to create managers.
- Public speaking, creative competitions, and tech fests are beneficial if executed well.
- Currently, the focus on academics harms co-curricular activities. The importance of these skills must be acknowledged.
- Without knowledge of career options or exposure to them, how can you choose something? Exposure is crucial.
- Introduction to a wide range of subjects is necessary to make informed choices.
- The current education system was designed to produce factory workers. It needs improvement.
- Alternatives like the International Baccalaureate (IB) exist, but they are costly because only a certain type of audience attends. If more people inquire about IB, it can become more affordable.
- A 30% improvement in the education system is required and achievable alongside traditional education.
- The education system, designed like a factory, with bells signaling period changes and lunch breaks, needs evolution.
- Fundamental subjects can’t be changed, but the approach can be updated.
- Learning public speaking can help you raise funds, become a creator, and get promotions in your job.
- The endowment effect involves doing things with a sense of ownership.
Hear Directly from Snehil Khanor for ELC
Last Words
He mentioned – Entrepreneurship and Growth Mindset are two very different things. Today’s Education System has to be evolve by 30%. Exposure or Complete Execution of today’s system has to be done.