Biography of Binod Kumar: Founder and CEO of TrueFirms- Entrepreneur
Biography of Binod Kumar:
From Chitra Village to Business Ventures
Binod Kumar’s journey from his humble beginnings in Chitra
village, Jharkhand, to becoming a renowned entrepreneur is both inspiring and
transformative. Born and raised in a village where his father worked in a coal
field, Binod was deeply influenced by the life and success of the coal field
owner. Motivated by the desire to achieve a similar level of success, he
initially pursued vocational courses in Civil Aviation and Travel & Tourism
Management, driven by the ambition to carve out a significant role in life.
However, he soon realized that his path lay in the business world, leading him
to pursue an MBA in Marketing Management from ICFAI Business School, Indore.
The Start of a New Era
After completing his MBA, Binod ventured into the IT field,
driven by his passion for technology and entrepreneurship. He began by selling
software and websites in Indore, knocking on doors to pitch his services. His
perseverance paid off as he gradually attracted clients beyond his local market
through online platforms, which eventually led him to secure larger projects.
This initial success fueled his drive to establish his own ventures, setting
the stage for his future achievements.
The Rise and Fall of a Partnership
Binod's entrepreneurial journey faced a major setback early
on. He co-founded a software company with two partners in Indore, but during a
brief period when he was away in his native village for his wedding, his
partners seized control of the business. This betrayal left Binod financially
depleted and struggling to support his family. This period of hardship was a
turning point for Binod, who turned to reading biographies of successful
individuals for inspiration and guidance. This period of introspection and
learning marked the beginning of his recovery and subsequent success.
A New Beginning
Despite the setback, Binod's determination remained unshaken.
He rebounded by founding multiple companies, leveraging his expertise and
insights gained from his earlier experiences. His new ventures included
SoftGetix, DiabeticKart, and FenceForce, each targeting different market needs
and showcasing his versatility as an entrepreneur.
SoftGetix: A Creative Storytelling Company
SoftGetix, founded in 2009, focuses on creating custom
websites, mobile apps, and digital strategies. The company prides itself on
being a creative storyteller that brings ideas to life. Under Binod’s
leadership, SoftGetix has established itself as a dynamic player in the IT
industry, emphasizing core values such as customer focus, integrity, global
excellence, and teamwork. These principles guide their approach to delivering
exceptional digital solutions and building strong client relationships.
DiabeticKart: A Lifeline for Diabetics
In response to the growing need for specialized diabetes
products, Binod established DiabeticKart.com in 2020. This e-commerce platform
offers a comprehensive range of diabetes aids, including glucose monitors, test
strips, and natural sweeteners. The platform was designed to provide a
one-stop-shop for individuals with diabetes, helping them manage their
condition more effectively. The creation of DiabeticKart reflects Binod’s
commitment to addressing specific market needs and improving the lives of
people with diabetes.
FenceForce: Innovating Fence Construction
FenceForce, co-founded in 2016, is an ERP system tailored
for the fence construction industry. It integrates project scheduling,
management, customer relations, and service management into a unified suite.
The system includes tools for pre-sale activities, such as CRM and bid
proposals, as well as project management functions like budgeting and time tracking.
FenceForce aims to streamline operations for fence builders and contractors,
showcasing Binod’s ability to develop specialized solutions for niche markets.
Biography of Binod Kumar: Founder and CEO of TrueFirms- Entrepreneur/Age/Net worth/FenceForce/wife/ Binod Kumar story/TrueFirms & FenceForce story
TrueFirms: The Ultimate IT Staff Augmentation Platform
In 2020, Binod launched TrueFirms.co, a groundbreaking
platform designed to connect businesses with trusted and verified IT service
providers. Using AI and data-driven recommendations, TrueFirms simplifies the
process of finding and hiring the right IT talent. The platform caters to over
41,000 companies, including Fortune 500 firms and SMBs, offering flexible
staffing solutions to meet various IT needs. TrueFirms represents Binod’s
vision of bridging the talent gap and enhancing business agility in the tech
industry.
Recognition and Awards
Binod Kumar’s entrepreneurial success has been recognized
with several prestigious awards. In 2023, he received the Indore Gaurav Award
and the eRoof Business Excellence Award, acknowledging his contributions to
innovation and excellence. These accolades highlight his impact on the business
world and his commitment to achieving high standards in his ventures.
Professional Associations and Networking
Binod is actively involved in several professional organizations, including the Indore Management Association, TIE Madhya Pradesh, and the EntreprenuearRoof Community in Indore. These affiliations provide him with opportunities for knowledge sharing, mentoring, and networking. His participation in these communities underscores his dedication to fostering growth and collaboration within the business and startup ecosystems.
Public Speaking and Mentorship
In addition to his entrepreneurial achievements, Binod is a
respected speaker and mentor at national and international technology events.
He shares his expertise on topics related to technology, entrepreneurship, and
innovation, connecting with industry professionals and aspiring entrepreneurs.
His speaking engagements reflect his commitment to giving back to the community
and contributing to the broader tech landscape.
Adapting to Challenges
Binod’s experience with the COVID-19 pandemic demonstrated
his resilience and adaptability. While his businesses were relatively
unaffected by the pandemic, he was personally concerned about his diabetic
mother’s health. This concern led him to further develop DiabeticKart and
launch TrueFirms, addressing new challenges and opportunities arising from the
pandemic.
Lessons from Mistakes
Reflecting on his business journey, Binod acknowledges his
early mistakes, such as attempting to handle everything himself and becoming a
workaholic. These missteps led to losses and decreased productivity. He learned
the importance of delegation and maintaining a balanced approach to work, which
has been crucial in his subsequent success.
Advice for Aspiring Entrepreneurs
Binod advises budding entrepreneurs to focus on solving
problems rather than merely seeking opportunities. He emphasizes that
identifying and addressing problems can lead to meaningful and profitable
business ventures. Additionally, he stresses the importance of continuous
learning and reading biographies of successful individuals as tools for
personal and professional growth.
The Future of TrueFirms
Looking ahead, Binod is committed to enhancing TrueFirms.co
and expanding its impact in the IT staffing and augmentation sector. The
platform continues to evolve, incorporating advanced technologies and
strategies to better serve businesses and IT professionals alike.
Personal Interests and Balance
Outside of his professional life, Binod values personal
well-being and mindfulness. He practices meditation twice daily and is an avid
reader, finding inspiration and relaxation in his hobbies. This balanced
approach contributes to his overall success and resilience as an entrepreneur.
A Legacy of Innovation
Binod Kumar’s journey from a small village to becoming a
multi-field entrepreneur highlights a story of perseverance, innovation, and
success. His diverse ventures and contributions to various industries exemplify
his ability to identify opportunities, overcome challenges, and make a
significant impact in the business world.
Timeline of Binod Kumar’s Journey:
Early 1990s – Born in Chitra Village, Jharkhand.
2000 – Pursues vocational courses in Civil Aviation and
Travel & Tourism Management.
2005 – Completes MBA in Marketing Management from ICFAI
Business School, Indore.
2006 – Starts selling software and websites in Indore.
2009 – Founds SoftGetix, focusing on digital solutions.
2016 – Co-founds FenceForce, an ERP system for the fence
construction industry.
2020 – Launches DiabeticKart.com and TrueFirms.co.
2023 – Receives Indore Gaurav Award and eRoof Business
Excellence Award.
2024 – Continues to expand and innovate with TrueFirms.co,
focusing on IT staffing and augmentation.
