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Future Startup Weekly 70: How to Do Something for 20 Years

Welcome to the 70th edition of Future Startup Weekly. FS Weekly is a newsletter about entrepreneurship, business expertise, and doing good work. If you are not a subscriber already, feel free to do it here.    

This week’s edition features a collection of founder interviews, a map of the online medicine delivery market in Bangladesh, why bank-led MFS players in Dhaka struggle to compete, and an excellent set of readings on getting better at life and business. 

Best Reads from Around the Internet 

Why Talent Comes in Clusters (Video | 69 Mins)

Learn what innovation and creativity happen in clusters and why to make the most of your talent, you often need to be in the right place with the right people and what states can do to create/encourage their own clusters. 

Complement with: Our essay some observations about Bangladesh’s startup ecosystem on turning Bangladesh into a tech hub.

Training = Turning pro (Article| 3 Mins)

Learn how to level up your skills in anything including business. 

Complement with: Our essay on What Founders Can Learn From Athletes and Artists

Tyler Cowen + Alex Tabarrok, on The Story of Marginal Revolution (Video | 68 Mins) 

For the past 20 years, they have run the world’s largest economics blog. This is the story of how they publish every day, generate ideas when they’re stuck, and plan to teach millions of people the basics of supply & demand.

Complement with: Our interview with Abdullah Al-Rezwan, Founder of MBI Deep Dives

Future Startup Articles 

I.

The Real Challenge of Bank-led MFS Players, Innovator's Dilemma, and Corporate Innovation

While MFS has seen phenomenal growth in Bangladesh over the last decade, bank-led MFS players continue to struggle to compete with bKash and Nagad. Learn what is behind the sorry state of bank-led MFS players and what banks can do about it. 

Complement with: Our excellent essay Innovator’s Dilemma Everywhere on what successful businesses struggle to innovate. 

II.

Market map: The State of Online Pharmacy in Bangladesh

Learn about the emerging online pharmacy market in Bangladesh, who are the major players, who are the active investors, and what the future looks like for the vertical. 

Complement with: Our excellent market map on the edtech industry in Bangladesh.

III. 

Eight founders on organization building, dealing with entrepreneurial challenges, culture-building, surviving and thriving

A collection of 08 riveting founder interviews features Amir Salihefendic, Abdullah Al-Rezwan, Bijon Islam, Azra Salim, Mohan Belani, Parvez Akhter, Zareen Mahmud Hosein, and Rayana Hossain. Learn about what it takes to build something from scratch, how to deal with challenges as a founder, and how to survive and thrive as an entrepreneur. Come away with unique insights into the art of entrepreneurship. 

Complement with: Our collection of Best Future Startup Interviews of 2022

Mohammad Ruhul Kader is a Dhaka-based entrepreneur and writer. He founded Future Startup, a digital publication covering the startup and technology scene in Dhaka with an ambition to transform Bangladesh through entrepreneurship and innovation. He writes about internet business, strategy, technology, and society. He is the author of Rethinking Failure. His writings have been published in almost all major national dailies in Bangladesh including DT, FE, etc. Prior to FS, he worked for a local conglomerate where he helped start a social enterprise. Ruhul is a 2022 winner of Emergent Ventures, a fellowship and grant program from the Mercatus Center at George Mason University. He can be reached at [email protected]

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