Three corporate honchos share insights on what it takes for professionals to turn entrepreneurs
Renowned authors, CEOs and entrepreneurs met at the Nehru Centre in Mumbai last weekend for India’s first ever festival dedicated to non-fiction. Discussions ranged from the perils of dynastic politics to stand-up comedy and unconventional cinema, centering on the theme of “Be bold, Stay Real”.
If you are a professional and have nurtured aspirations to start your dream venture, here’s some advice from the experiences of people who’ve trodden the path.
Rashesh Shah, co-founder and chairman, Edelweiss
#Constantly adapt. You should always start with a plan but you should be ready to adapt. I think that constant evolution is the only answer. There is no static answer.
# Be financially prudent. Be profitable. There are a lot of entrepreneurs who are very savvy on the product side and the business side, but ignore the financial side of the business.
# Sell your vision to customers, clients, everybody. You have to sell to higher employees. All entrepreneurs have to sell. Their ability, willingness and capability to sell is very important.