We had the good fortune of connecting with Abhishek Pakhira and we’ve shared our conversation below.
Hi Abhishek, do you have a favorite quote or affirmation?
“What has worked in the past almost never works in the future. It has to evolve and change.”
His innovation around democratizing car ownership and thereby changing the way people travel on the road, inspires the innovation and transformation enthusiast in me. Server technology will become obsolete, just like the horse and buggy. There’s no escaping the future.
I am a firm believer that we learn and gather new information every day, and the world is also ever-evolving. The key for us as human beings is to not be complacent with our past achievements and accomplishments, but to constantly learn and evolve into the future.
What should our readers know about your business?
I would like to think of myself as a technology-enabled problem solver. I believe that preparation combined with opportunity brings the most success. It is a simple thing to understand, but not very simple to follow.
I have been very lucky to have been a part of the start-up tech echo system early in my career. It taught me what ownership truly meant. My educational background in software engineering was instrumental to my success early on. I held senior leadership roles in a Fortune 500 company, which helped me understand how to scale a business successfully. My work experience and an MBA from a top-tier school prepared me for my journey as an entrepreneur. The key to my success and the success of Aureus has been our focus on building core capabilities in the most efficient way possible and taking that foundational software and functional capabilities to build software products that solve market problems in the legal and Insurance sectors.
Our flagship software platform, Anvesa®, offers a good example of our solution approach. We don’t think in terms of delivering a software platform; our ownership lies in providing the end outcome to our customers.
The biggest challenges that most entrepreneurs face early on are defining their theses and following their core values while continuing to innovate and evolve. Being too rigid or too flexible on both counts can be detrimental to success.
I firmly believe that Industry 4.0 brings immense opportunities for new-age entrepreneurs to solve market problems with the utmost efficiency, intelligence and scale. My goal is to use cloud computing and artificial intelligence to help democratize such technology for small and big firms alike.
Any places to eat or things to do that you can share with our readers? If they have a friend visiting town, what are some spots they could take them to?
My family and I love the Colorado lifestyle with its perfect mix of city life, culture and food. Of course, the biggest attraction is nature. If my best friend were visiting, we would spend some time in the city and visit some of our favorite local restaurants. The majority of the time would be spent visiting the various mountain towns, skiing or hiking, depending on the season. Vail is my personal favorite, it has a lot to offer – good golf, hiking trails and Vail Village has some of our favorite restaurants.
Who else deserves some credit and recognition?
I would like to dedicate this shoutout to my wife and family, who have always stood by me through thick and thin. I’d like to acknowledge my professors at the University of Chicago, where I earned an MBA in Strategy and General Management, who introduced me to the frameworks and tools that enable me to make decisions in ambiguity and uncertainty, and the operational tools to help the company scale without compromising on innovation and customer experience. While obtaining my undergraduate technology degree at the University of Central Missouri, I had access to equipment and software that has been foundational in my career.
I believe in having a learning mindset – I learn every day from interactions with various people. Reading books by authors who have studied different companies or have run insightful experiments lets me learn from others’ experience and research. Mindset by Dr. Carol S Dweck, Good to Great by Dr. Jim Collins and Predictably Irrational by Dan Ariely are some of the influential books I’ve read.