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We talk with Ilya Kravtsov who has founded multiple successful startups in Indonesia such as PouchNATION and who is currently building his latest startup called Ringkas. Why Indonesia is a better market for founders than some of the more established but smaller markets such as Singapore? Is doing business in Indonesia more difficult than in Italy where he grew up? 00:00 Intro 01:15 Ilya Kravtsov's Background and Journey to Indonesia 05:32 Transitioning from Consulting to Entrepreneurship 06:26 Arriving in Indonesia and Overcoming Challenges 09:02 Entrepreneurship in Indonesia 11:19 Ilya's Startups: Pouch Nation and Rincas 14:42 Selling Pouch Nation and Starting Rincas 19:21 Rincas Services for Home Buyers 20:20 Ilya's Satisfaction and Commitment to Indonesia 21:13 The Influence of Indonesian Culture 22:38 Entrepreneurs in Jakarta and Reasons to Stay 24:34 Jakarta as a Tech Startup Hub 26:26 Expanding Business Beyond Indonesia 27:25 Considerations for Expansion 28:32 Differences Between Islands in Indonesia 30:28 The Role of Mentoring in Startups 32:25 The Importance of Having a Mentor 33:22 Founders and Startups in Indonesia 34:18 Challenges Faced by Founders in Indonesia 35:24 Mentoring Commitments and Approach 37:19 Maintaining Energy and Avoiding Burnout 38:45 Consuming Content as a Founder 43:37 Language Learning and Future Plans