Entrepreneur in Residence, 91 United - Apply Here

Note: This is not your run of the mill job. Only high agency candidates with an entrepreneurial mindset should apply.

About Favcy

Started in 2015, we are a Digital First Venture Builder based in New Delhi, India. We co-build with phenomenal non-tech background founders getting them from 0 to 10. Starting from

a simple idea to a full blown successful scalable startup, we take founders through our tested and frugal model to ensure capital efficiency yet that are effective in pushing traction.

We are an end to end Startup Ecosystem bringing strategy, resources and capital to the table. Having built 32+ startups in the last 3 years, we are looking for founders for our Build to Sell cohort. Checkout our portfolio here: https://favcyportfolio.com/

Build to Sell Mission

In our journey of over 3 years while venture building 32 startups and a 3000+ investor network with $5Mn+ of owned AUM, our learning says that:

  1. Not all founders want to build forever or build the same thing forever
  2. Not all investors want/can afford to wait forever for their returns

With the above understanding, India's largest venture builder - Favcy and 1stCheque are building a Build-to-Sell cohort of 6 startups, built with a clear exit strategy from day zero.

91United is part of our Build-to-Sell cohort.

Job Description: Entrepreneur in Residence, 91 United

About 91 United:

91 United is a groundbreaking digital cooperative platform aimed at revolutionizing the gig economy. By uniting blue-collar workers in digital-first companies, we empower them to leverage collective bargaining to secure improved wages, benefits, and working conditions. Our mission is to transform the gig economy into a fairer, more equitable space where every worker has a voice.

Position Overview:

We are seeking a visionary Entrepreneur in Residence to join 91 United. This individual will be instrumental in driving the platform's development, strategic direction, and operational execution. The ideal candidate will have a passion for social impact, a deep understanding of the gig economy, and the ability to innovate within the digital cooperative space.

Key Responsibilities:

- Strategic Leadership: Shape the vision and strategic direction of 91 United, ensuring alignment with our mission to empower blue-collar workers through collective bargaining.

- Community Building: Cultivate a strong community of blue-collar workers, engaging them in the development and advocacy of the platform.

- Business Development: Identify and pursue growth opportunities, including partnerships with digital-first companies, gig economy platforms, and worker unions.

- Product Development: Lead the development and iteration of the 91 United platform, ensuring it meets the needs of our users and remains at the forefront of technological innovation.

- Funding and Financial Management: Secure funding to support the platform's growth and manage financial operations to ensure sustainability and impact.

- Advocacy and Outreach: Serve as a key spokesperson for 91 United, advocating for the rights of gig economy workers and promoting the benefits of digital cooperatives.

Qualifications:

- A minimum of 6-7 years of experience in entrepreneurship, startups, or within the gig economy space

- Strong leadership skills with the ability to inspire and mobilize diverse teams.

- Experience in sales within a startup environment.

- Knowledge of the challenges faced by blue-collar workers in digital-first companies.

- Excellent communication and negotiation skills, with the ability to build relationships with key stakeholders.

- Passionate about social impact and driven to make a difference in the lives of gig economy workers.

- Flexible and adaptable, with a willingness to pivot strategies in response to changing dynamics.

- Comfortable in fast paced dynamic environments with an understanding of what it takes to build a business.

- Any work experience with blue collar workers is a bonus. 

Why Join Us:

This is a unique opportunity to co-found a venture with a powerful social mission. At 91 United, you'll have the chance to build something transformative from the ground up, impacting the lives of countless workers in the gig economy. We offer the freedom to innovate, the support to make your vision a reality, and the chance to be part of a movement reshaping the future of work.

What’s in it for you?

  • Opportunity to be the founder of a digital first venture solving an interesting and large-impact problem. Take the venture from 0 to 1 to 10 to 100.
  • Gain a deep understanding of the market, ideal customer profile, problem statement, problem - solution fit, competitive landscape and the business model.
  • Work with the partnership of India’s largest Venture Builder and borrow from our expertise.
  • To scale an idea to a venture with speed and precision.
  • Competitive package comprising cash plus equity, reflecting the value and commitment you bring to the venture.
  • Independently manage the venture with the institutional backing of Favcy VB across all verticals of product, growth, brand, investor relations.

Selection Process:

CV and Application Form Submission: Begin by submitting your CV and a short application form, highlighting why you are the ideal candidate for this transformative role at 91United.

Treasure Hunt Activity: Engage in an intriguing treasure hunt activity designed to test your problem-solving skills and creativity. Success in this activity will get you shortlisted.

Interview Round 1: An introductory interview to discuss your background, understand the opportunity at 91United in more detail, and articulate your vision for contributing to the venture.

Comprehensive Evaluation Form: Fill out a detailed evaluation form aimed at assessing your suitability for the Co-Founder role. This includes evaluating your strategic acumen, leadership capabilities, and alignment with our mission and values.

Interview Round 2: A deeper dive into your understanding and approach to the business, building on the insights gained from the first interview.

Pitch to Investment Committee: Develop and present a pitch deck that outlines your vision, strategy, and how you plan to contribute to 91United's success. This presentation to our Investment Committee is your chance to demonstrate your strategic thinking, operational planning, and how you envision scaling 91United.

Apply Here: