Neha Kumar ON: Building Resilience to Negativity & How to Make Your Passions Practical

Last updated: May 31, 2023

The video is an interview with Neha Kumar, a venture capitalist and lecturer, discussing her experiences in scaling startups and building resilience to negativity, as well as offering advice for aspiring entrepreneurs.

The video features an interview with Neha Kumar, who has over 14 years of experience in scaling startups and is currently running a venture fund. She discusses her journey as an entrepreneur and lecturer at UCLA's Anderson School of Management, as well as her personal life, including her five-year wedding anniversary and the challenges she faced in marrying someone from a different cultural background. The video also touches on building resilience to negativity and making passions practical.

  • Not everyone needs a formal education.
  • Neha Kumar has over 14 years of experience in scaling startups.
  • Building resilience is important and can be achieved through self-care, positive people, and a growth mindset.
  • Passions can be made practical through research, networking, adaptability, and hard work.
  • Challenges can build resilience, strength, compassion, and empathy.
  • Gender bias and pay gap exist in certain industries, and education and opportunities can help address them.
  • Education provides a foundation and network for success, but resources are available for those who didn't have the opportunity.
  • Success is not always linear, and it's important to be adaptable and resilient.
  • Networking and mentorship can provide guidance and support in making passions practical.

Neha Kumar ON: Building Resilience to Negativity & How to Make Your Passions Practical - YouTube

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Not Everyone Needs a Formal Education

  • Not everyone needs to go down the traditional path of formal education.
  • There are many successful entrepreneurs who did not have a formal education.
  • It's important to find what works for you and your goals.
  • There are many resources available for learning outside of formal education.
  • It's important to have a growth mindset and be willing to learn and adapt.
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Neha Kumar's Background and Experience

  • Neha Kumar has over 14 years of experience in scaling startups.
  • She is currently running a venture fund on a mission to build the next generation of game-changing consumer-focused brands.
  • She is also a lecturer at UCLA's Anderson School of Management where she has been teaching for over nine years.
  • Prior to launching a fund, Neha served as the CEO and CFO of Create and Cultivate which sold a majority stake to a private equity firm in 2020.
  • She also led growth efforts at drinks.com.
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Building Resilience to Negativity

  • Neha believes that resilience is a muscle that can be built over time.
  • It's important to surround yourself with positive people who support and encourage you.
  • It's also important to have a growth mindset and be willing to learn from failures and setbacks.
  • Self-care is crucial for building resilience, including exercise, meditation, and taking breaks when needed.
  • It's important to focus on your own journey and not compare yourself to others.
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Neha Kumar ON: Building Resilience to Negativity & How to Make Your Passions Practical - YouTube

Making Your Passions Practical

  • Neha believes that it's important to have a clear vision and purpose for your passions.
  • It's important to do your research and understand the market and industry you want to enter.
  • Networking and building relationships is crucial for success in any industry.
  • It's important to be adaptable and willing to pivot your plans as needed.
  • Having a strong work ethic and being willing to put in the time and effort is crucial for success.
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Challenges faced in personal life

  • People making jokes about women being in business school just to get married.
  • Feeling the need to prove herself more because of her relationship in business school.
  • Unconscious bias that people have on themselves and others.
  • Going through a hard time with her parents when she got engaged.
  • Having to go against the grain and do what is authentic to oneself.
  • Learning about the concept of faith and having to have faith that things will work out.
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Feeling the need to work harder

  • Being interested in accounting and finance from a young age.
  • Being told by someone that she could just be a party planner instead of working in banking.
  • Feeling the need to work harder, smarter, and stronger to excel.
  • Going through challenges can help build compassion and empathy.
  • Everyone goes through something, regardless of gender or race.
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Importance of authenticity

  • Going against the expectations of others and doing what is authentic to oneself.
  • Having faith that things will work out.
  • Learning to let go of small trivial things that aren't necessary.
  • Being mindful and thoughtful while still being a powerful business person.
  • Challenges can help build resilience and strength.
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Overcoming challenges

  • Having to prove oneself more because of personal life challenges.
  • Learning to have faith that things will work out.
  • Working harder, smarter, and stronger to excel.
  • Going against the expectations of others and doing what is authentic to oneself.
  • Challenges can help build compassion, empathy, resilience, and strength.
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Building Resilience to Negativity

  • Challenges can either beat us down or be an opportunity to push ourselves harder.
  • Attitude is key in how we view challenges.
  • It's important to constantly find and create resilience to deal with challenges.
  • Everyone goes through challenges, but when a whole gender is treated a specific way, it becomes a larger challenge.
  • Education and opportunities for women at younger ages can help show them different career paths.
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Gender Pay Gap in the Industry

  • Industries pay differently, and certain industries pay more than others.
  • Women tend to go into certain industries, such as marketing, while men dominate in finance.
  • It's important to educate and provide opportunities for women at younger ages to show them different career paths.
  • STEM programs and organizations like Girls Who Code can help teach women skills at a younger age.
  • It's important to let people know their options and not steer them in a certain direction based on gender.
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Value of College Education and Business School

  • There is a correlation between the education received and success in the industry.
  • Education provides a foundation and network for success.
  • For those who didn't have the opportunity for education, there are resources available to build financial literacy and goal planning skills.
  • Online courses, mentorship, and networking can help build skills and connections.
  • It's important to take advantage of opportunities and continuously learn and grow.
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Making Passions Practical

  • It's important to find a balance between passion and practicality.
  • Passion can drive success, but it's important to have a plan and strategy in place.
  • Networking and mentorship can help provide guidance and support in making passions practical.
  • It's important to take calculated risks and be open to pivoting when necessary.
  • Success is not always linear, and it's important to be adaptable and resilient.
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Importance of Education

  • Education provides a framework for thinking.
  • Education helps in understanding how to manage money.
  • Business school education gives a proper understanding of how to think and evaluate companies.
  • Education allows us to learn things at an accelerated rate.
  • Not everyone needs to have a formalized education.
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Access to Education

  • Information can be easily accessed through textbooks.
  • Online learning and education have made education accessible.
  • The pandemic has accelerated the shift towards online education.
  • There are multiple ways to get access to education and information.
  • People are unique, and what works for one may not work for everyone.
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Personal Experience with Education

  • Went to a grammar school and received a private school education for free.
  • Grammar school education helped in learning how to work hard, compete, and build.
  • Education had a massive impact on personal growth and development.
  • Value being right-brained and creative, but education provided hard-wired logical thinking.
  • Teachers allowed for the expression of artistry and creativity.
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Conclusion

  • Education provides a framework for thinking and helps in personal growth and development.
  • Access to education has become easier with the shift towards online learning.
  • Personal experiences with education can vary, and what works for one may not work for everyone.
  • Education is valuable in providing both logical and creative thinking skills.
  • Education allows for learning at an accelerated rate and can be accessed in multiple ways.
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Teaching and Real-World Application

  • Education provides skills, lessons, and tools that can be used in various aspects of life.
  • Skills and lessons learned in education may not be directly correlated to one's career.
  • Teaching should go beyond just the textbook or content and connect it to the real world.
  • One method is to start each class with an inspirational quote and an action item related to it.
  • Another method is to acknowledge students and encourage them to take action.
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Transforming Education and Teaching

  • Many people focus on technical items in education, but it's important to also provide real-world application.
  • Teaching should go beyond just teaching formulas and technical items.
  • It's important to take concepts up to a 3000-foot level and explain why they're important.
  • Inspirational items like quotes can keep people in action.
  • Acknowledging people can encourage them to take action.
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Building Resilience to Negativity

  • Resilience is the ability to bounce back from negativity and challenges.
  • It's important to have a support system and people who believe in you.
  • It's important to focus on the positive and what you can control.
  • One method is to write down three things you're grateful for every day.
  • Another method is to focus on your passions and what you love about yourself.
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Making Passions Practical

  • Passions can be turned into practical careers or businesses.
  • It's important to identify your strengths and weaknesses.
  • It's important to have a plan and take action towards your goals.
  • Networking and building relationships can help you achieve your goals.
  • It's important to be open to feedback and learn from failures.
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Building Resilience to Negativity

  • People want to be participants in learning, not just receivers.
  • Teaching involves engaging and involving people.
  • Entrepreneurs need to think strategically about finances.
  • Building a pro forma can help entrepreneurs understand how much money they need for what period of time.
  • It's important to be clear on why you're starting a business.
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Making Your Passions Practical

  • Combining passion with practicality is important.
  • Entrepreneurs need to think about market size and competitors.
  • Porter's five forces is a useful tool for assessing market competitiveness.
  • Entrepreneurs need to assess whether their business is viable.
  • Following your passion is important, but it may not directly relate to making money.
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Building a Passion into a Business

  • Building a passion into a business takes time and effort.
  • It is important to have a plan and structure in place.
  • It is not necessary to quit a full-time job to pursue a passion.
  • Monetizing a passion takes time and may not happen immediately.
  • It is important to be practical and not romanticize a passion.
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