When Farrhad Acidwalla was in the eighth grade, he borrowed $10 from his parents to buy his first domain name. He began building a web community devoted to aviation and aero-modeling. The website took off and eventually Farrhad decided to move on, selling the site for far, far more than his initial $10 investment.
Many similar ventures followed. Each took his achievement to another level and the appreciations left him humble. This motivated him to offer his work under the name of his company.
Since, Farrhad has launched Rockstah Media, a cutting-edge company devoted to web development, marketing, advertisement, and branding. It is just over a year old but it has clients and a full fledged team of developers, designers and market strategists spread across the globe. As the CEO and founder, Farrhad is responsible for taking care of the clients and guiding the creative team to success.
At 16, Farrhad is planning to continue running Rockstah Media, while studying finance at India’s prestigious H.R. College of Commerce & Economics. In his free time, Farrhad enjoys hanging out with friends, playing Playstation, reading, watching movies, and playing the guitar.
The following is a short excerpt from 50 Interviews: Young Entrepreneurs (Volume 1).
Q: What is the single most important reason for your success?
A: I’ve never sat on an idea. If I get something, I act on it. Business is all about taking the leap. Once you take the leap, then you can think about what’s going to happen next. The larger the vision, the larger the need to pave your path with skill and confidence. But, a journey of a thousand miles starts with one step. That first step is the most important thing.
There are many in the field and each have their own way and strategies. But one thing that I learned from my mom is to never try to copy anyone. Think of your own thing and move forward with that. Construct your own success with total confidence. I put my vision to test, I love to conceptualize and illustrate and the teams effort in creating awesomeness means a lot.
Never look left or right. Look straight at the path you have paved. Follow your vision and have your ethics in place. Yes I get inspired by those who had the vision and the guts to give it a shape. I love to read success stories as they teach you that failing is a part of the process and one must not deter.
Q: You have a successful and growing company, yet you’ve decided to stay in college. Why?
A: Education never goes to waste. I know I can put the things I learn in college to use in my business. Business is something that’s never certain, there’s always a risk. But, if you have your education in place, it’s going to help you analyze challenges and deal with them. Plus, I think a few degrees to your credit sure feels good. I know there is a view that structured learning is not needed. I feel that education can never harm you and one can put it to use in more ways than one.
It’s not just about making money. But while formal education will make you a living, self education will make you a fortune. If you want to really learn something and make something of yourself, self education is crucial. We learn from glory and from our own failures too.
If you learn and make efforts to manage your time properly and if you have a proper business set up, your business can thrive while you’re in college. College takes a lot of time, but I have my like-minded team who can make up for me at any given moment. My team has always supported me and my parents have always given me solid, unconditional support and that’s what I appreciate the most. I definitely haven’t done all of this on my own.
Q: Anything else you would like to add?
A: For young entrepreneurs, I would say one thing: even if you get success early, it shouldn’t intoxicate you. There are miles to go. There are lots of things to do in life. You need to diversify and be innovative all the time. You shouldn’t lose focus and get intoxicated with success.
This is an abridged version from Farrhad’s interview in our latest project, 50 Interviews: Young Entrepreneurs. I’ve known of Farrhad for about a year now and it was an honor to finally get to chat with him. He smiled through the whole interview! One of the takeaways from Farrhad is that formal education will establish the foundation of your life, but if you want to build a mansion on that foundation, you also have to educate yourself. Entrepreneurship helps you do that.
Farrhad Acidwalla’s Top Quote
“Failures are the stepping stones to success.”
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