#27: From 12 Failed Ideas & $0.50 in the Bank to Raising 3.2M w/ Arnav Bathla, Founder & CEO at Coinbooks

Hello! I’m Julian and I’m a Gen Z entrepreneur, software engineer, and podcaster. I am the fusion of an ambitious entrepreneur, a tech whiz, a futurist, a productivity aficionado, and a self-improvement junkie.
I am currently the Co-Founder & CEO at Mindflow (https://apple.co/3QFdPlE). Previously, I was the co-founder & CTO at Vize and worked as a Software Engineer at Meta, LinkedIn, and Goldman Sachs.

If you want to know yourself as a person, start a company. You get to know how bad you want something, how far you’re willing to go to get something, and what type of person you are.

Arnav Bathla

What would you do if you dropped out of college, pursued 12 different ideas but none of them worked, and only had $0.50 cents in your bank account at one point?

Would you give up or persevere?

Today’s guest, Arnav Bathla, decided to keep charging forward because he believes he was born to be an entrepreneur and he couldn’t possibly see any other option.

Arnav is originally from India and after dropping out of college and booking a one-way ticket to San Francisco over 2 years ago, he played around with different ideas and almost none of them solved a ‘pressing’ problem.

He went from one idea to the next until, at some point in his journey, he had less than a dollar in his bank account. But still, he never gave up.

Now Arnav is the founder & CEO at Coinbooks, a Web3 startup building an accounting software designed for crypto-native organizations. Arnav has raised $3.2 million from world-class investors like Multicoin Capital, and even Polygon’s MATIC very own founders. Coinbooks was also accepted into Y Combinator for the summer 2022 batch.

Are you a web 3 company interested in having your accounting and taxes easily handled? Check you Coinbooks out today: https://www.coinbooks.xyz

The only way you can get an insight that no one else knows is by talking to customers. If you Google it, that means everyone else knows it.

Arnav Bathla

💬 Discussed in this episode…

  • Arnav’s early influences & upbringing in India
  • Testing 13 ideas and failing
  • Arnav books a one way ticket to San Francisco and burns his boats
  • Surviving with $0.50 in the bank
  • How do you know when to pivot?
  • What is Coinbooks and the problem they are solving?
  • Why work on something unsexy like accounting & taxes?
  • Should you follow your passion?
  • The importance of spending time with yourself
  • How to talk to customers
  • How Arnav formed a 10x team
  • How to navigate loneliness as a solo founder

📚 People & Resources Mentioned

📱 Socials

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Episode 27