Entrepreneurial mindset is essential to create value for the service

Praveen Regmi is a well-known name in the field of fintech in Nepal. Starting as a Project Engineer in STM Telecom Sanchar in 2007, he has a comprehensive experience in digital banking and the electronic payment ecosystem. Regmi, who is currently the CEO of IME Digital Solution Limited, led the digital transactions transformation of NMB Bank and NIC Asia in the past. In a conversation with the HRM, he talked about his career growth, the experiences he earned throughout the years and his advice to young graduates for achieving success in digital finance. Excerpts: 

Tell us about your first job.
In October 2007, a few months after earning my bachelor’s degree, I embarked on the career journey as a Project Engineer at STM Telecom Sanchar. This role took me on an adventure to rural hilly areas of Eastern Nepal, where we were establishing satellite-based telephone service in areas without any existing electricity and phone infrastructure. It was an incredibly fulfilling and transformative experience, and I consider it a pivotal moment in my life, professionally and personally. It is because, from my first job, I was on a journey to transform the lives of people and society.

How did you get into the job?
After completing my Engineering program, I struggled to find a job for over eight months. I went to India for job opportunities, and even attempted to become a Police Officer, but failed. Finally, a senior referred me to the job at STM Telecom. This made me realize the importance of a strong referral in starting a career in Nepal.

How difficult or easy was it for you to get the job at that time?
To put it in simplest terms, it was the toughest time in my life to date. I believe that starting something is always tough. But once I caught on the flow, it has been a decent sail so far.

What challenges did you face after joining the job?
After stepping on the career path, one biggest challenges I had was completing my studies. I knew a Bachelor’s degree was not the end of my academic journey, so I enrolled for a Master’s degree at Purbanchal University (PU). My job nature, however, needed me to travel a lot. Continuing both my academic and professional journey seemed challenging at that moment.

Luckily, I met some great mentors at PU who recognized my drive and sincerity toward taking both journeys together. They showed some leniency in my attendance while I presented all assignments on time and par excellence.

What lessons did you learn from the first job? How did the experiences help in shaping your career?
During my first job, I embarked on exploration in Eastern Nepal mostly on foot/trekking mode. Our team had to collaborate with the American team for support. So, we had challenging overnight work sessions on the chilly hills and mountains of Nepal. These experiences made me feel more confident and focused.

I also relished the opportunity to learn about diverse cultures and individuals during that tenure. My unwavering dedication to the task at hand undoubtedly played a key role in shaping my profession, and I am always grateful for the experience.

What major achievements were there for you professionally and personally?
I faced significant transformations in both my professional and personal life during my tenure at that workplace. I was promoted to Project Manager within the first 10 months managing a team of nearly 70 people. I was also able to complete my MBA program alongside my work.

I also began my family life all while being in my first job. You can say, I had achieved more than I wished for all while being in my first job.

You are into the technology and digital financial service sector for the last 15 years. How do you observe the changes that have occurred in fintech in Nepal over these years?
The tech revolution began in Nepal about 15 years ago. The GPRS system, a crucial factor in transitioning to digital finance, was also introduced during this period. However, digital financing was not well-known and was referred to as IT. Over the past 6-7 years, digital banking has gained popularity, as IT transformed from a platform to a business enabler. All of these developments over the years have resulted in the digital payment transformation.

How do you see the scope of the field of digital finance from a career development point of view?
The realm of digital finance is exceedingly vast in today’s era. Unfortunately, in Nepal, there is no formal education pertaining to this field. Only a few individuals possess expertise in this domain. Hence, it is imperative to cultivate a sense of curiosity and learn independently. Furthermore, I have observed that digital finance will generate numerous job opportunities in the future.

What advice do you have for young graduates who seek to develop their careers in fintech?
If you’re thinking about venturing into fintech, my advice is simple: don’t hesitate, just dive in. This field is brimming with enormous opportunities that await you. There are already around 40 banks, 27 payment service companies, about 70 microfinance institutions, and a plethora of ancillary fintech companies that contribute to our financial ecosystem, trying to shift their business models to digital platforms. The potential for growth is staggering.

What’s more, digital finance is unique in that it transcends borders and geographic limitations. Unlike traditional retail or trade businesses, the standards and processes of digital finance are globally applicable. Once you’ve acquired the skills and knowledge, you can leverage them wherever you go. So, imagine the possibilities that lie ahead!

What factors do they need to be mindful of to achieve success in this field?
I believe one needs to be mindful of two crucial factors to achieve success in any field. Firstly, having an entrepreneurial mindset is essential to create value for the service you are providing. You are more accountable for getting the best result out of your job.
Secondly, the unwavering focus is the key. Knowing what you want and keeping your mind steadfastly set on your goals is vital for achieving success in any field.

150 thoughts on “Entrepreneurial mindset is essential to create value for the service”

  1. It is in reality a nice and helpful piece of information. I am happy that you shared this useful information with us. Please keep us informed like this. Thanks for sharing.

  2. Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you can do with a few pics to drive the message home a little bit, but instead of that, this is magnificent blog. An excellent read. I’ll certainly be back.

  3. Nice post. I be taught something more difficult on completely different blogs everyday. It can always be stimulating to learn content material from other writers and practice a bit of one thing from their store. I’d want to use some with the content on my blog whether or not you don’t mind. Natually I’ll give you a link on your net blog. Thanks for sharing.

  4. I’m now not sure the place you’re getting your info, but great topic. I must spend some time finding out much more or understanding more. Thank you for magnificent information I used to be on the lookout for this info for my mission.

  5. Hiya, I’m really glad I’ve found this info. Nowadays bloggers publish just about gossips and internet and this is really annoying. A good web site with interesting content, that’s what I need. Thank you for keeping this site, I will be visiting it. Do you do newsletters? Can not find it.

  6. Thank you for sharing excellent informations. Your website is so cool. I’m impressed by the details that you have on this web site. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for more articles. You, my pal, ROCK! I found just the info I already searched all over the place and simply couldn’t come across. What a great site.

  7. Its fantastic as your other blog posts : D, thanks for posting. “So, rather than appear foolish afterward, I renounce seeming clever now.” by William of Baskerville.

  8. Great beat ! I would like to apprentice while you amend your web site, how can i subscribe for a blog web site? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear concept

  9. hi!,I like your writing very much! share we communicate more about your post on AOL? I require an expert on this area to solve my problem. Maybe that’s you! Looking forward to see you.

  10. Woah! I’m really digging the template/theme of this website. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between user friendliness and visual appearance. I must say you’ve done a superb job with this. Also, the blog loads super fast for me on Firefox. Outstanding Blog!

  11. Excellent read, I just passed this onto a colleague who was doing a little research on that. And he just bought me lunch as I found it for him smile So let me rephrase that: Thank you for lunch!

  12. Hey very nice website!! Man .. Beautiful .. Superb .. I will bookmark your web site and take the feeds also…I am satisfied to search out numerous useful information right here within the put up, we want work out more techniques in this regard, thank you for sharing.

  13. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  14. Hi there just wanted to give you a quick heads up. The text in your content seem to be running off the screen in Safari. I’m not sure if this is a format issue or something to do with browser compatibility but I figured I’d post to let you know. The style and design look great though! Hope you get the problem resolved soon. Kudos

  15. Excellent post. I was checking constantly this blog and I’m impressed! Very helpful info specially the last part 🙂 I care for such information a lot. I was seeking this particular information for a long time. Thank you and good luck.

  16. Thank you for the sensible critique. Me & my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such fantastic info being shared freely out there.

  17. As I website possessor I believe the content material here is rattling wonderful , appreciate it for your hard work. You should keep it up forever! Best of luck.

  18. I do agree with all of the ideas you’ve presented in your post. They are very convincing and will certainly work. Still, the posts are too short for novices. Could you please extend them a little from next time? Thanks for the post.

  19. I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.

  20. Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular BlogEngine.net.Thethoughts you express are really awesome. Hope you will right some more posts.

  21. I cherished up to you’ll receive performed right here. The comic strip is attractive, your authored subject matter stylish. however, you command get bought an edginess over that you want be handing over the following. sick without a doubt come more before again since exactly the same nearly very ceaselessly inside of case you protect this hike.

  22. Good day! I just would like to give an enormous thumbs up for the great info you may have right here on this post. I will be coming again to your weblog for more soon.

  23. What i do not understood is in truth how you are not actually much more well-favored than you may be right now. You’re so intelligent. You realize thus significantly in terms of this matter, produced me for my part imagine it from numerous varied angles. Its like women and men don’t seem to be fascinated until it?¦s something to accomplish with Woman gaga! Your personal stuffs nice. Always take care of it up!

  24. Wow, fantastic weblog layout! How long have you ever been blogging for? you made blogging look easy. The overall glance of your web site is fantastic, as smartly as the content!

  25. Definitely imagine that which you said. Your favorite justification appeared to be on the web the easiest factor to bear in mind of. I say to you, I definitely get irked even as other people consider worries that they just do not know about. You controlled to hit the nail upon the highest and outlined out the entire thing without having side effect , other folks could take a signal. Will likely be again to get more. Thanks

  26. You really make it appear really easy together with your presentation but I to find this matter to be really one thing which I feel I’d by no means understand. It sort of feels too complicated and very extensive for me. I am looking forward on your subsequent put up, I will attempt to get the hang of it!

  27. you are really a good webmaster. The web site loading speed is amazing. It seems that you’re doing any unique trick. Moreover, The contents are masterwork. you’ve done a wonderful job on this topic!

  28. My coder is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using WordPress on a variety of websites for about a year and am worried about switching to another platform. I have heard very good things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any kind of help would be really appreciated!

  29. Hi my friend! I want to say that this article is amazing, nice written and include almost all important infos. I would like to see extra posts like this .

  30. I haven’t checked in here for a while because I thought it was getting boring, but the last several posts are great quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend 🙂

  31. Nice read, I just passed this onto a friend who was doing some research on that. And he just bought me lunch as I found it for him smile Therefore let me rephrase that: Thank you for lunch!

  32. I am curious to find out what blog platform you have been using? I’m having some minor security problems with my latest website and I’d like to find something more risk-free. Do you have any recommendations?

  33. Wow! This could be one particular of the most helpful blogs We have ever arrive across on this subject. Basically Fantastic. I am also a specialist in this topic so I can understand your effort.

  34. I found your weblog web site on google and verify a number of of your early posts. Continue to maintain up the very good operate. I simply extra up your RSS feed to my MSN News Reader. Seeking forward to studying extra from you in a while!…

  35. I was just seeking this information for a while. After six hours of continuous Googleing, finally I got it in your website. I wonder what is the lack of Google strategy that do not rank this kind of informative websites in top of the list. Generally the top websites are full of garbage.

  36. Hey! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this write-up to him. Pretty sure he will have a good read. Thank you for sharing!

  37. Simply want to say your article is as astounding. The clearness in your post is just nice and i could assume you are an expert on this subject. Well with your permission let me to grab your feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.

  38. I haven’t checked in here for some time because I thought it was getting boring, but the last few posts are great quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂

  39. I used to be suggested this web site through my cousin. I am not sure whether or not this publish is written via him as no one else understand such targeted about my trouble. You’re incredible! Thanks!

  40. hey there and thanks in your information – I’ve certainly picked up anything new from proper here. I did however experience several technical issues using this website, since I skilled to reload the web site a lot of times prior to I could get it to load correctly. I had been thinking about in case your web hosting is OK? Not that I’m complaining, but slow loading circumstances instances will often affect your placement in google and could harm your high quality rating if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Well I am adding this RSS to my e-mail and can look out for much more of your respective exciting content. Make sure you update this once more soon..

  41. Good post. I be taught something more difficult on completely different blogs everyday. It will all the time be stimulating to read content material from other writers and practice slightly something from their store. I’d desire to make use of some with the content on my blog whether you don’t mind. Natually I’ll give you a hyperlink on your web blog. Thanks for sharing.

  42. Good – I should certainly pronounce, impressed with your web site. I had no trouble navigating through all the tabs as well as related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your client to communicate. Nice task.

  43. Have you ever considered writing an ebook or guest authoring on other sites? I have a blog based upon on the same subjects you discuss and would love to have you share some stories/information. I know my audience would value your work. If you are even remotely interested, feel free to shoot me an e mail.

  44. It’s actually a great and useful piece of information. I’m glad that you shared this helpful information with us. Please keep us up to date like this. Thanks for sharing.

  45. You are my inspiration, I possess few web logs and very sporadically run out from brand :). “To die for a religion is easier than to live it absolutely.” by Jorge Luis Borges.

  46. Great post. I used to be checking continuously this weblog and I’m inspired! Very helpful information specially the closing section 🙂 I care for such information much. I was looking for this particular info for a long time. Thank you and best of luck.

  47. Hi just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading correctly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different internet browsers and both show the
    same results.

  48. With havin so much content and articles do you ever run into any problems
    of plagorism or copyright violation? My website has a lot
    of completely unique content I’ve either written myself or outsourced but it appears a lot of it
    is popping it up all over the internet without my permission. Do you know any techniques to help prevent content from being stolen? I’d certainly appreciate it.

  49. I will right away take hold of your rss as I can’t find your e-mail subscription link or
    e-newsletter service. Do you have any? Please allow me
    recognise so that I could subscribe. Thanks.

  50. I must thank you for the efforts you have put in writing this blog.
    I’m hoping to check out the same high-grade content from you in the future as well.
    In fact, your creative writing abilities has motivated me to
    get my own, personal website now 😉

  51. Whats up this is kinda of off topic but I was wanting to know if blogs use
    WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding expertise so I wanted to get advice from someone with experience.

    Any help would be greatly appreciated!

  52. Hello! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in trading links or maybe guest writing a blog article or vice-versa? My website addresses a lot of the same subjects as yours and I believe we could greatly benefit from each other. If you might be interested feel free to send me an e-mail. I look forward to hearing from you! Awesome blog by the way!

  53. Bien que la prise en main peut s’avérer compliquée la première fois – ce lisseur est un peu différent et plus gros que la moyenne – il est par la suite très maniable.

  54. I cling on to listening to the news lecture about getting boundless online grant applications so I have been looking around for the top site to get one. Could you advise me please, where could i find some?

  55. ทางเราจำหน่าย relx Infinity ,
    relx Bubble Mon , Infy Pod ต้องขอบอกได้เลยว่า relxchill.com เป็นตัวแทนหลักอย่างเป็นทางการในไทย
    ที่ใหญ่ที่สุด และเป็นเจ้าเดียวกับ
    RELX THAILAND สินค้าทุกแบรนด์ ทุกรุ่น เราได้ทำการคัดสรร บุหรี่ไฟฟ้า ที่เป็นหนึ่งในนวัตกรรม ช่วยเลิกบุหรี่ ที่มีประสิทธิดีเยี่ยมและช่วยได้จริง มาให้ลูกค้าได้เลือกใช้
    โดยสินค้าทุกชิ้นของเรา
    สั่งตรงจากโรงงาน

  56. Good day very cool blog!! Man .. Excellent .. Superb .. I’ll bookmark your blog and take the feeds additionallyKI am glad to seek out numerous useful info right here within the submit, we need work out extra strategies on this regard, thank you for sharing. . . . . .

  57. Hey there just wanted to give you a quick heads up.
    The words in your article seem to be running off the screen in Internet explorer.
    I’m not sure if this is a formatting issue or something to do with internet browser compatibility but I thought
    I’d post to let you know. The layout look great though!
    Hope you get the issue solved soon. Many thanks

  58. I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  59. Aw, this was a very nice post. In concept I want to put in writing like this moreover – taking time and actual effort to make a very good article… however what can I say… I procrastinate alot and by no means appear to get something done.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top