Search

【Origin Stories - Fariz Isnaini, AyoBlajar AW#21】<...

  • Share this:

【Origin Stories - Fariz Isnaini, AyoBlajar AW#21】
I had a manager once back when I was working for P&G. He was a smart and diligent guy, very successful. I asked him one time whether or not I could be as successful as him and take over the branch office one day. Because I came from an engineering background, he said “no, you are going down a different path, to become a plant director--that should be good enough.” I felt dejected, and wanted nothing more than to prove him wrong.

I ended pursuing a PhD in strategic management from VU Amsterdam, in search of accumulating more knowledge in business. This period of my life was extremely tough. Racial discrimination was rampant and money was hard to come by. I took classes in the day, waited tables at night, and even sold bicycles on the side. This one time I went with my wife to a cafe and bought 2 donuts instead of 1. Despite overstretching our shoestring budget, I just felt like it would be a nice gesture after all our struggles; she cried in response.

During this time I was also active in leading the Indonesian Student Association in the Netherlands, and got a unique opportunity to meet an ex finance minister from Indonesia. He mentioned something that I would never forget: in order to have impact, you need to become a decision maker.

I came back to Indonesia in 2018 and briefly dabbled in politics before setting my sights on the world of startups. After a few failed cold starts spanning tourism to wellness, I decided to target a sector that was critical in putting me on my path in the first place--education.

There’s been so many ups and downs. I’ve almost lost track of our near-death experiences. I don’t think I’m the smartest guy in the room, but I’ve always found a way to climb out of tough situations. I’d have to thank my mom for that. She’s always said “the only limitation you have is in your mind.”

***
AyoBlajar (AW#21) is an online learning platform targeting Indonesian students in grades 7-12, offering 1:1 mentoring, live classes, pre-recorded materials, and national exam preparation. For other startups targeting AI/Blockchain/SEA/NFT, applications for AW#23 are now live: https://bit.ly/3oiwy9o


Tags:

About author
【The leading accelerator in Greater Southeast Asia】 Founded in 2009, AppWorks is a startup community built by founders, for founders. We are committed to fostering the next generation of entrepreneurs in Greater Southeast Asia (SEA+TW) and helping them facilitate the region’s transition into the digital era. Just as mobile completely transformed the status quo, we believe nascent technologies such as AI and blockchain will eventually redefine the global paradigm. As such, whether it’s mentorship, investment, or talent, AppWorks has established a one-stop shop for ambitious founders willing to bet against the consensus and drive a change they see in the world. As a VC, AppWorks has US$170 million under management, and is invested across 50 portfolio companies, including leading startups in GSEA like 91APP, KKday, ShopBack, Carousell, and iCHEF, while having produced 4 IPOs— Uber, NetPublishing, KuoBrothers, and MobiX. We close 10-15 deals a year, with ticket sizes primarily covering Series Seed, A, and B, and up to C, investing in AI, Blockchain and SEA founders. As an equity-free accelerator, AppWorks serves as the leading launchpad for entrepreneurs targeting Greater Southeast Asia. Every six months, we invite the most talented AI / IoT, Blockchain / DeFi and Southeast Asian startups across the region to join AppWorks Accelerator With 395 startups and 1,331 founders in its alumni network to date, the AppWorks Ecosystem is the largest of its kind in Asia. All AppWorks startups collectively generate US$ 8.05B in annual revenues, provide 17,359 jobs and are valued at US$ 11.07BB. State of The AppWorks Ecosystem Active Startups: 395 (+8 YoY) Total Founders: 1,331 (+218 YoY) Total Raise: US $ 2.36B (+140% YoY) Total Valuation: $ 11.07B (+160% YoY) Annual Revenues: $ 8.05B (+162% YoY) Total Employees: 17,359 (+73% YoY) 【If you are a founder working on a startup in SEA, or working with AI / Blockchain, apply to AppWorks Accelerator to join the largest founder community in Greater Southeast Asia: https://bit.ly/3bbDw7Q】
由創業者,為創業者所設立,專注在 AI 與 Blockchain 兩大領域,提供創業者從 0 到 1 的 AppWorks Accelerator 創業加速器,以及從 1 到 100 的 AppWorks Funds 創投資金兩大服務。
View all posts