497: Surviving Long Enough to Succeed with Neil Thanedar Founder and Co-owner of Labdoor

Neil Thanedar is the CEO of LabDoor. Previously, Neil co-founded Avomeen Analytical Services, an FDA-registered product safety laboratory, and also worked on emerging mobile sports and medical device products.

Entrepreneurial Role Models:

Neil’s father Shri Thanedar

When business started difficulties overcame:

“We had just come off of the recession, we had lost a lot of money so just starting the first business was about picking ourselves back up again and succeeding and making our statement. Taking that jump, going from something that we were very comfortable with into a totally new industry was definitely very challenging”…[Listen for More]

Favourite Books:

• Originals: How Non-conformists Change the World Book by Adam Grant and Sheryl Sandberg
• Personal History Book by Katharine Graham

Favourite Quote:

“The difference between successful people and others is not a lack of strength or a lack of knowledge but rather than a lack of will”

Recommended Online Resources:

Podcasts and Youtube videos about entrepreneurship

Best Advice to Other Entrepreneurs:

“Just keep sticking with it, just keep working hard and you will find a path and I think that what that really means is you’ve got to work on yourself as much as possible so spend as much time learning and reading as possible and then just take care of yourself, take care of your body, take care of your health just so you can, the job is just to survive long enough to succeed”…[Listen for More]

More About Neil Thanedar:

Labdoor

Neil’s Quote at the Beginning:

“Try this: Identify a bottom-up improvement or innovation in your organization, and interview the person who championed it. Chances are you will find a hero story of some kind. Why do we have to be heroes to implement perfectly good ideas?” Alan G. Robinson, The Idea-Driven Organization

Other Quotes From the Chat with Neil Thanedar:

• “If there’s nothing else available to you you can always work harder”
• “If you just keep working long enough you will win”
• “Every time you’re doing something original by default you’re questioning the status quo and every time you question the status quo by majority most people are working against you”
• “Success is effort times leverage”

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