Innovative Approaches to Business Growth with Industry Leaders
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Chapter 1: Understanding Business Growth
In our engaging series brought to you by The FD Consultant, we delve into the insights on business growth through concise discussions with accomplished business leaders.
Today, we have the pleasure of speaking with Tanuvi Ethunandan, the CEO of Data Duopoly. Tanuvi's journey began with her training as a chartered accountant at Ernst & Young, but her entrepreneurial spirit led her to co-found a tech venture in 2018, which has seen remarkable growth and harbors ambitious goals.
Interview with Tanuvi Ethunandan
"Can you share some details about your business?"
Data Duopoly aims to transform the visitor experience across venues globally, aspiring to be the "Waze" for people. Our platform encourages visitors to explore various locations while we collect valuable data insights to shape future venue experiences.
Our commitment lies in fostering sustainable and equitable tourism. Our technology is versatile, applicable in both indoor and outdoor settings such as theme parks, museums, shopping centers, and university campuses.
Key Drivers of Success
"What factors have contributed to your notable growth?"
We’ve partnered with amazing organizations, from initial collaborations with the Eden Project to ongoing projects with the Tin Coast alongside the National Trust and the renowned Falmouth University.
The exceptional Data Duopoly team stands as our most significant asset. Due to their dedication and creativity, we were honored to be recognized as a Tech Nation Rising Stars Regional Winner, and we received support from the European Space Agency for our innovative GPS data applications. Furthermore, we have been acknowledged as one of the CreaTech "100 ones to watch" during London Tech Week and as one of Phocuswright's "Hot 25 Startups in 2022."
Innovation as a Cornerstone
"In what ways has innovation played a role in your success?"
Innovation is central to our achievements. We constantly seek new ways to enhance the digital visitor experience, complementing the physical aspects of any venue.
Passion for Improvement
"What drives your passion for this work?"
At the core, I strive to enhance people's outings! My goal is to reclaim time for visitors to enjoy with their loved ones by alleviating the frustrations of long queues and congestion.
Moreover, I aim to cultivate a culture at Data Duopoly where our team members can grow alongside the company. We prioritize supporting our team's aspirations while they work towards fulfilling Data Duopoly's vision.
Celebrating Achievements
"What do you consider your greatest accomplishment in this role?"
One of my proudest moments has been expanding our team from just two to seven members! The journey has been incredible, and having colleagues who share our vision has made it even more rewarding.
On a personal note, it was truly humbling to pitch as one of the top three startups globally that are driving recovery in the tourism sector at the World Tourism Forum in Switzerland!
Advice for Aspiring Entrepreneurs
"What advice would you offer to those aiming for sustained growth?"
Building a business is a challenging journey, akin to a rollercoaster ride (as Ronan Keating aptly put it!). Therefore, having a co-founder or a trusted senior leader to share both the triumphs and tribulations is invaluable. It’s crucial to lean on the support of others; you cannot navigate this path alone.
Chapter 2: Expert Insights on Business and Growth
Explore invaluable insights on business growth from leaders in the industry through engaging discussions.
This video features business leaders sharing essential growth hacks and strategies that can help entrepreneurs navigate their journeys more effectively.
In this follow-up video, discover 20 top insights that delve deeper into effective business strategies for sustainable growth.