Podcasts Other You, Me, and Your Top Three Becoming an Entrepreneur (wsg Shiva Bhardwaj)

Becoming an Entrepreneur (wsg Shiva Bhardwaj)

Published: Dec. 11, 2019, 11 a.m.

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During this episode, You Me and Your Top Three host and CEO, CGS Advisors, Gregg Garrett, speaks with Shiva Bhardwaj, CEO Pitstop \\u2013 a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Shiva hails from Toronto and is making a name for himself in the mobility and AI industries. He discusses how his company was born from bridging being raised by a mechanic in an automotive garage with his experiences working in Silicon valley-based tech giants. He explores what it is like being early to market and how he needs to shape the minds of customers. And he shares how he successfully cracked the code on attracting some of the most sought after secret weapons in competing in today\\u2019s businesses \\u2013 data scientists. And, of course, Shiva speaks about his \\u2018top three\\u2019 ranging from his father who gave him space to create and experiment at a very young age to a thought partner in the data science space who pushes him to be intentional about how to monetize that data to a board member who encourages him to take risks to grow. And you have to hear what Shiva has to say about how to really assess someone\\u2019s net worth.\\xa0

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About Shiva Bhardwaj

Shiva Bhardwaj is the Founder and CEO at Pitstop. While earning a Degree in Electrical and Electrical Engineering, Shiva spent time working at NVIDIA and Blackberry QNX. Shiva started his entrepreneurship journey by inventing ShockLock (https://www.shocklock.ca) which brought a safe, simple and cost-effective hardware solution to the automotive world. The second innovation has been Pitstop (https://pitstopconnect.com).\\xa0 which was an inaugural participant in the Techstars Mobility Accelerator program securing investments from Verizon, Ripple, BDC to name a few(https://betakit.com/autotech-startup-pitstop-raises-1-5-million-partners-with-continental/). Shiva has been recognized as the Vaughan Entrepreneur of the Year, SEMA 35 Under 35 and the winner of the Sci-Innovation Competition in China from a field of 1,450 international contestants.

Show Highlights

Segment 1: Overview

1:17\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 What makes entrepreneurs different?

3:40\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Shiva\\u2019s Background: From Toronto to Silicon Valley.

Segment 2: The \\u201cTop Three\\u201d \\xa0

6: 43\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 Shiva\\u2019s \\u201cTop Three\\u201d: Paul Bhardwaj (his father) \\u2013 hard work, controlling your own destiny, and allowing the space to learn.

13:24\\xa0\\xa0\\xa0\\xa0\\xa0 Shiva\\u2019s \\u201cTop Three\\u201d: Christopher Mah \\u2013 how to evaluate a problem and identify a solution and the power of data.

17:14\\xa0\\xa0\\xa0\\xa0\\xa0 Shiva\\u2019s \\u201cTop Three\\u201d: Michael Garb \\u2013 taking bold risks on spending capital.

18:56\\xa0\\xa0\\xa0\\xa0\\xa0 A \\u2018being brave\\u2019 story \\u2013 making the investment in people.

Segment 3: Industry Disruption & Transformation \\xa0

21:40\\xa0\\xa0\\xa0\\xa0\\xa0 Pitstop \\u2013 predicting vehicle failures before they happen.\\xa0

22:35\\xa0\\xa0\\xa0\\xa0\\xa0 The future is based on information and data.

25:15\\xa0\\xa0\\xa0\\xa0\\xa0 Having the change before the industry is ready for the change.

30:00\\xa0\\xa0\\xa0\\xa0\\xa0 How auto markets around the world differ \\u2013 focuses on electric, autonomous, and what comes next.

32:41\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cUsing your resources in a way that will get you to some step that helps you move forward, progress and prove yourself out. And then proving yourself on a larger scale.\\u201d

35:27\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cThat new pivot might not be meant for everyone you\\u2019re working with. And that\\u2019s probably the hardest part.\\u201d

37:41\\xa0\\xa0\\xa0\\xa0\\xa0 Pitstop\\u2019s recent successes \\u2013 Grants. Awards. Hundreds of thousands of vehicles. Investment.

39:58\\xa0\\xa0\\xa0\\xa0\\xa0 Paying it forward through mentorship/networking.

42:43\\xa0\\xa0\\xa0\\xa0\\xa0 Hint to be at the cutting edge of technology: High-tech people are motivated by the problems they are solving.

Segment 4: Leadership & Wrapping Up

45:20\\xa0\\xa0\\xa0\\xa0\\xa0 \\u201cLeadership is all about your network and your network being your net worth.\\u201d

47:10\\xa0\\xa0\\xa0\\xa0\\xa0 Hints to leaders: \\u201cThink about those three people around you and are those people helping align you with the biggest problem that you have on your to do list. If not, how do you bring additional people into your fold.\\u201d

48:19\\xa0\\xa0\\xa0\\xa0\\xa0 Exciting Pitstop activities are in process!

49:21\\xa0\\xa0\\xa0\\xa0\\xa0 Stay in touch: Email Shiva (shiva@pitstopconnect.com) and check out Pitstop\\u2019s website.

Additional Information

Contact Shiva Bhardwaj:

Contact Pitstop:

Contact Gregg Garrett:

Contact CGS Advisors:

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