Exclusive Interview of Krishna Mohan of Genius Visionary. Edited by Powered Magazine
In an exclusive interview, we sit down with Krishna Mohan, the visionary President of GENIUS VISIONARY INC, to explore his role in driving innovation. Discover how Krishna's leadership and forward-thinking approach have propelled the company to new heights, shaping the future of technology and inspiring a culture of creativity.
What were your biggest challenges when starting your business?
One of the biggest challenges I faced when starting my business as an Acquisition entrepreneur was finding the right partners and clients. Mergers and acquisitions are complex and risky transactions that require a lot of trust and expertise. I had to build a strong network of contacts and reputation in the industry, as well as demonstrate my value proposition and competitive edge. It took a lot of time, effort, and perseverance to overcome the initial hurdles and establish myself as a credible and reliable entrepreneur.
How have you handled success and failure over the course of your career?
As an M&A entrepreneur, I have experienced both success and failure at different stages of my career. Success has taught me to be humble, grateful, and strategic, while failure has taught me to be resilient, adaptable, and innovative. I have learned to celebrate my achievements without becoming complacent and to embrace my challenges without losing hope. I have also learned to balance risk and reward and to seek feedback and guidance from others. I believe that success and failure are both part of the learning process and that they help me grow as a professional and as a person.
What strategies do you use to stay competitive in a changing market?
One of the strategies that I used to stay competitive in a changing market for M&A was to diversify my portfolio and target different sectors and regions. I also invested in research and analysis to identify emerging trends and opportunities and assess the risks and benefits of potential deals. I also leveraged my network and relationships to build trust and rapport with key stakeholders and to negotiate favourable terms and conditions. By doing these things, I was able to stay ahead of the curve and secure profitable and strategic acquisitions.
What motivations drive you to keep pushing forward in the face of adversity?
As an M&A entrepreneur, I face many challenges and uncertainties in my work. I have to deal with complex negotiations, cultural differences, and sometimes hostile reactions from stakeholders. However, these difficulties do not deter me from pursuing my goals. On the contrary, they motivate me to keep pushing forward in the face of adversity.
There are three main motivations that drive me to overcome obstacles and achieve success in my field. First, I have a passion for creating value and solving problems. I enjoy finding opportunities to improve the performance and profitability of businesses and to help them grow and expand their markets. I also like to tackle the issues that arise during the integration process and ensure a smooth transition for both parties. Second, I have a vision for the future and a sense of purpose. I believe that M&A can contribute to the economic and social development of society by fostering innovation, competition, and collaboration. I want to be part of this positive change and make a difference in the world. Third, I have a growth mindset and a willingness to learn. I view every challenge as an opportunity to improve myself and acquire new skills and knowledge. I constantly seek feedback and advice from others, and I embrace failure as a learning experience. These motivations keep me focused, resilient, and optimistic in my work as an M&A entrepreneur.
What advice would you give to someone just starting out in their chosen field?
If you are just starting out in your chosen field, you might feel overwhelmed by the challenges and opportunities ahead of you. Here are some tips to help you navigate your career path with confidence and professionalism:
Find a mentor. A mentor is someone who has more experience and knowledge in your field and can offer you guidance, feedback, and support. A mentor can help you avoid common pitfalls, learn from their mistakes and successes, and connect you with other people and resources in your industry.
Keep learning. Your field is constantly evolving and changing, so you need to stay updated on the latest trends, developments, and best practices. You can do this by reading books, articles, blogs and newsletters, taking online courses, attending workshops and seminars, and joining professional associations and networks.
Be proactive. Don't wait for opportunities to come to you; seek them out yourself. Volunteer for projects and tasks that challenge you and showcase your skills. Ask for feedback and suggestions on how to improve your performance. Seek new responsibilities and roles that align with your goals and interests.
Network. Networking is the process of building and maintaining relationships with people who can help you advance your career. Networking can help you find mentors, collaborators, clients, employers, and referrals. You can network by attending events, reaching out to people online or in person, joining groups and communities, and offering value and assistance to others.
Be flexible. Your career path may not be linear or predictable. You may encounter setbacks, failures, changes, and surprises along the way. Be ready to adapt to different situations and circumstances and embrace new challenges and opportunities. Be open to learning new skills, exploring new fields and industries, and changing your goals and plans as needed.
How have technological advances affected the way you conduct business or operate your venture?
Technology has changed the game for me as an M&A entrepreneur. I have witnessed how technological advances have transformed the way I conduct business and operate my venture. Technology has enabled me to access more information, communicate more effectively, and streamline the processes involved in mergers and acquisitions. For example, I can use online platforms to research potential targets, conduct due diligence, and negotiate deals. I can also leverage cloud-based tools to collaborate with my team, share documents, and manage workflows. Technology has also helped me to expand my network, reach new markets, and create value for my clients. By embracing technology, I have been able to enhance my performance, efficiency, and competitiveness as an M&A entrepreneur.
In what ways has customer feedback or response influenced how you prioritize goals or objectives for your business or venture?
Customer feedback is a vital source of information for any entrepreneur who wants to grow and improve their business. By listening to what the customers say, I can identify their needs, preferences, pain points, and expectations. This helps me prioritize my goals and objectives in a way that aligns with the customer value proposition and market demand. For example, if I receive feedback that customers are looking for a more personalized service or a faster delivery time, I can adjust my strategy accordingly and allocate more resources to those areas. Customer feedback also helps me measure the impact and effectiveness of my actions and decisions. By tracking customer satisfaction, retention, loyalty, and referrals, I can evaluate how well I am meeting their expectations and delivering value. This allows me to identify what works and what doesn't and make data-driven improvements. Customer feedback is not only a way to learn from customers but also a way to engage with them and build trust and rapport. By soliciting and responding to customer feedback, I can show them that I care about their opinions and experiences and that I am willing to listen to and act on their suggestions. This can increase customer loyalty, advocacy, and word-of-mouth. In summary, customer feedback is a key factor that influences how I prioritize my goals and objectives as a serial entrepreneur. It helps me to understand the customer's needs and wants, align my strategy with market demand, evaluate my performance and progress, and foster customer relationships.
What trends do you see emerging in your industry that are likely to shape its future growth and development?
As an M&A entrepreneur, I need to keep an eye on the trends that are emerging in my industry and how they will affect its future growth and development. Some of the trends that I see are:
The rise of digital platforms and ecosystems that enable faster and more efficient transactions, as well as new sources of value creation and innovation.
The increasing importance of environmental, social and governance (ESG) factors in deal-making, as investors and regulators demand more transparency and accountability from companies.
The growing role of data and analytics in M&A, as they provide insights into market opportunities, customer preferences, competitive advantages, and risks.
The shift from traditional M&A to strategic partnerships and alliances, as companies seek to leverage complementary capabilities and resources, rather than acquiring them outright.
What have been the most rewarding and difficult aspects of your chosen career or business path?
One of the most rewarding aspects of my chosen career and business path as an M&A entrepreneur is the opportunity to create value for both buyers and sellers in a dynamic and competitive market. I enjoy finding synergies, negotiating deals, and closing transactions that benefit all parties involved. I also find it satisfying to help entrepreneurs exit their businesses and achieve their financial and personal goals.
One of the most difficult aspects of my chosen career and business path as an M&A entrepreneur is the uncertainty and risk involved in every deal. There are many factors that can affect the outcome of a deal, such as market conditions, due diligence, financing, regulatory approvals, and integration challenges. Sometimes, deals can fall apart at the last minute or result in unexpected losses or liabilities. I have to be prepared for any scenario and be able to adapt quickly to changing circumstances.
The most difficult aspect of this career path is the uncertainty and risk involved. Sometimes, things don't go as planned, and deals fall apart due to unforeseen circumstances or external factors. There is also a lot of pressure and stress to deliver results and meet expectations from investors, clients, and employees. It's not a job for the faint-hearted.
Are there any skills or areas of expertise that you think are essential for success in your field?
Being an M&A entrepreneur requires a combination of skills and expertise that can help you identify, evaluate, and execute successful deals. Some of the essential skills or areas of expertise are:
Strategic thinking: You need to have a clear vision of why you are pursuing a merger or acquisition, what are the benefits and risks, and how it aligns with your overall business goals. You also need to be able to assess the market opportunities and competitive landscape and find the best targets for your strategy.
Negotiation and communication: You need to be able to communicate effectively with different stakeholders, such as investors, partners, customers, employees, and regulators. You also need to be able to negotiate favourable terms and conditions for your deal and handle any conflicts or challenges that may arise during the process.
Financial and legal acumen: You need to have a solid understanding of the financial and legal aspects of M&A transactions, such as valuation, due diligence, deal structure, financing, taxation, accounting, and regulatory compliance. You also need to be able to analyze the financial performance and potential synergies of the target company.
Leadership and management: You need to be able to lead and manage your team effectively and foster a culture of collaboration and innovation. You also need to be able to integrate the target company into your organization smoothly and ensure that the strategic objectives and values are aligned.
How has working remotely or online impacted your business or venture over the past year?
As an M&A entrepreneur, working remotely or online has impacted my business or venture in several ways over the past year. First, it has enabled me to reach out to more potential clients and partners across different regions and markets, as well as access more information and resources online. Second, it has also posed some challenges in terms of communication, collaboration, storage, and trust-building with the parties involved in the deal-making process, especially when dealing with sensitive or confidential information. Third, it has required me to adapt to new technologies and platforms that facilitate remote or online work, such as video conferencing, cloud storage, and digital signatures. Overall, working remotely or online has been a learning experience that has both expanded and tested my skills and capabilities as an M&A entrepreneur.
What tips would you like to offer to others who are in a similar position to you but looking to take their careers or businesses further?
As an M&A entrepreneur, I have learned a lot from my experiences acquiring and integrating businesses. I would like to share some tips with others who are in a similar position to me but looking to take their careers or businesses further.
Do your due diligence. Before you make an offer, research the target company thoroughly and understand its financials, operations, culture, and risks. You don't want to buy a lemon or overpay for a deal.
Build relationships. M&A is not just about numbers and contracts. It's also about people and trust. You need to establish rapport with the owners, managers, and employees of the target company and communicate your vision and goals clearly. You also need to maintain good relationships with your investors, lenders, advisors, and regulators.
Plan for integration. The success of an M&A deal depends largely on how well you integrate the acquired company into your existing business. You need to have a clear strategy and timeline for integration and assign roles and responsibilities to your team members. You also need to address any potential issues or conflicts that may arise during the process.
Be flexible and adaptable. M&A is a dynamic and complex field that requires constant learning and adjustment. You need to be open to new opportunities and challenges and be ready to adapt to changing market conditions and customer needs. You also need to be willing to learn from your mistakes and failures and improve your skills and knowledge.
Is there anything else you would like to share with our readers that we haven’t already discussed?
In conclusion, I hope that this interview has given you some insights into my journey as an M&A entrepreneur and an author. I have shared with you some of the challenges, opportunities, and lessons that I have learned along the way. I believe that M&A is a dynamic and exciting field that requires creativity, strategic thinking, and perseverance. I also enjoy writing books that inspire and educate others about the world of business and finance.