home

Quotes

Shopclues History
Leave fear, ego, jealousy and insecurity
out of the door when you decide to be an
entrepreneur
In USA Ecommerce is Dessert, In China It Is A main course But In India It Is A Seven Course Meal.
In Modern World, You Die From Indigestion And Not From Hunger.
In Modern World, You Die Because of Friends Not Enemies.
Think best, tone it down to better, tone it down to good and tone it down good enough. If you do that way, you can start good enough now and will achieve best in near future which will be better than trying to achieve best in the attempt.
Vision, capital and team are the top three things that are required to create a modern world successful startup.
In Modern World, You Die From Your Own Mistakes Vs Someone Else.
As an entrepreneur, you do not take no for an answer.
As an entrepreneur single biggest thing you can master is power of prototype.
 You are ready as an entrepreneur when you are not asking yourself when will I be ready to start on my own.
Do not give up. Entrepreneurism is a real test of conviction, resilience, perseverance, hard work and adaptation! Follow your dreams and obsessions!
While forming a team for your startup always remember 5Cs: commitment, capability, capacity, character and craving of your team members.
Never give up.
Raising money is like dating someone that may result in getting married or spending rest of your life together, so same human pschology is at play.
Leave fear, ego, jealousy and insecurity out of the door when you decide to be an entrepreneur.
If you are not innovative, you are waiting to die or become less relevant.
Digital economy in India is among the top 7 modern history transformation and wealth creation opportunity since industrial revolution in Europe in 1740.
Core values and culture are the only common thread for a company that can ensure that people with different education, upbringing, training, exposure, personality, gender or race can work for a common goal.
History has shown again and again that a small group of highly determined people can achieve impossible things.
Nothing comes from highly planned and organized efforts but start-up energy and passion and newness cause chaos, confusion and ambiguity and that results into great product, platform, innovation and even social revolution.
Be data driven or just rely on your luck, while luck is important, if you can not measure, you can not control.
It is better to be lucky than smart.
A great product is when you are never done building it.
In a large company, you create technology around established processes and in start-ups it is opposite.
A great product is not only developed with a few requirements that are kept in mind but also with excellence in data science and all key metrics.
In product development, think best, tone it down to better, then tone it down to good and further tone it down to good enough and achieve best with iterations!
Many underestimate the power of prototyping in product development and suffer from delusion of grandeur.
Startups one big lesson, while never let go any opportunity to wrap around yourself with well known brands, but not rely on them to build biz.
I believe lower risk appetite by many early stage Indian VCs & looking for everything from soup to nut including. profit is not good for startups.
If you want to be an entrepreneur & you missed the opportunity of dropping out of college or after engineering, work with a crazy founder & learn, you will not regret.
If founders believed Ecommerce is built using VC money & discounting, they never added value w/ tech innovation, selection, convenience, shipping.
Dirty secret of Ecommerce, majority generate 6% - 8% in net revenue but spend 8-10% in direct cost, 10% - 18% in marketing & 2% - 3% in indirect. Bad economics.
Entrepreneurs give up sense of entitlement for school/university or how much money you were able to raise so far. Nothing succeeds like success.
In a country where 3% people account for 90% taxes. Let's not try to increase taxes for those 3% but find ways to collect from remaining 97%
Sense of ownership should not be an outcome of one's title, stock ownership or salary but readiness to take work, passion & accountability.
GST is great for the economy & Ecommerce. But do not create more work & operating cost for the Ecommerce. We are not high margin businesses.
As an entrepreneur or professional point fingers to yourself, learn from mistake & do introspection when things have not gone well in career.
Ecommerce is about convenience & selection! Organizations focused on discounts are myopic!
Founders use 7 Ps to build startup: process, people, policy, platform, product, prize & penalty. As founder, you build 6Ps & empower people.
Founders know what to show at what stage of cap raising. I see early stage raising little yet trying 2 show a lot. Match stage with deliverable.
Time for original thinking, long term approach, innovation, Building great products, large scales, & solving challenging problems. Enough of myopic/weak startups in India.
Digital India can deliver $500bn in new wealth & take India from 5 % of global GDP to 15 % by 2025, if entrepreneurs are supported & loved.
Best time to cost cutting, dialup monetization & streamline processes is not when you do not have capital but you have a lot of capital.
It takes minimum of two decades for a new industry to shape-up, until then do not apply judgments & prejudice. Let Ecommerce breathe and blossom.
People who take things way too casually also get below average outcomes. More serious can kill you but less serious can kill your pursuits!!
If you find 9-5 job suffocating, defined role limiting, pace slow, no newness, work politics, you will blossom in startup, will not look back.
Only rocket science is startup way of doing things. Most entrepreneurs suffer from dilussion of grandeur, speed to market & prototyping.
Top 5 things for an entrepreneur are: vision, obsession, salesmanship, compassion & contagious energy. If you have them, you will be able to withstand any weather.
Entrepreneurs always believe in 5 things: Never second guess, Do not get killed, Do not run out of money, Team up with believers, Stay in game.
When it comes to founding team for a startup, look for these 5 Cs: Commitment, Character, Capability, Capacity, & Craving. These 5 Cs work!
Digital India needs: 200 VCs, 5K angels top courses on entrepr. no cap gain, foreign listing, low cap cost, celebratory founders, less rules.
Ecommerce services such as catalog/marketing, content, vertical marketplaces, short & long format videos, digital ads are next step of opportunities.
Ecommerce unit shipment growing at 25%-30% & GMV 35%-40%, most players may not see this cause handful are gaining market share, rest are loosing.
Startups celebrating small & big victory is super critical. New highs & new lows are very common but celebrating highs keep energy always high.
Govt allocating 1k for Gurgaon welcomed, albeit govt typically not a good investor. Govt focus on R&D credit/tax, no policies, & less rules.
When you build a system for startup that includes financial risk, keep in mind: human error, sabotage, fraud, incentive system and training.
Best time to create process & policies for startup is to take 30% more time when you experience a situation 1st time cause it is not last time.
Entrepreneur career not easy. Most demanding job, most lonely, highest rejection & reporting to yourself very tough. Emotional roller coaster.
Investors get entrepreneur they deserve! So when you get rejection from investor, do not get disheartened. God is kind to you, blessing in disguise.
Giving your money to someone and calling it equity & giving your daughter to someone & calling it Kanyadhan are the two toughest things.
If you are creating a product startup, make sure you have also created making hooks & analytics. And be ready for a hockey stick style adoption.
Don't give, Indian startups capital like drip irrigation. Give billions like USA/China to to top entrepreneurs, India will deliver more unicorns.
Top 10 things to create a Unicorn: Capital, capital, capital, capital, capital, capital, idea, team, execution & luck. Sooner you realize better it is.
Do not have expensive habits or heavy tuition loan or large EMI for home that u have low risk appetite & miss entrepreneurial opportunities!
Internet not just Ecommerce, albeit a big opportunity. Web analytics, adtech, E-Commerce service, & vertical marketplace will reward next 5 year
Spend serious efforts on idea, team & investor. Pursue an idea not coz its glamourous but u feel passionate.
Vision is the biggest of all what you need to create a world-class company. While bldging a startup, if vision expands, great & god is kind.
Entrepreneurs spending time on mkt size, 2/5 yrs hence etc r imp but do not underesti EQ, social/family support, rejections & softer aspects.
Entrepreneurship is not a test of intellectual horse power but common sense, simplicity, long term thinking, create solutions and pragmatism.
Original thinking, innovation, & undying faith in your vision will take you places while journey may have rejections, failures & prejudices.
Every adversity or challenge creates completely new opportunity. You can be in misery or self pity or convert it into monolithic opportunity.
Time & tide wait for none. Do not wait for perfect moment start your entrepreneurial journey. Take control & start now.
One of the biggest thing you need to be equipped before taking your entrepreneur plunge is to have a strong chemistry with your passion!
Every challenge is an opportunity, every failure is an early prototype to success. Entrepreneurs always be believers and eternal hopeful!!
Behind every success there is insurmountable efforts, hard work, resilience & rejections. Entrepreneurs remember no pain no gain!!
Dare to do something different. Don't go with the status quo. Just bring passion and obsession together to build a masterpiece
1st 90 days, 1st 365 days, & at 5th yr; an entrepreneur needs to develop very tight grip on day 1 what all have 2 be done to build a startup
A good idea takes its own time to catch up, you need to give it that time and not give up
Do not make what you can sell, sell what you can make
Would u invest on another horse or have current horse go thru open heart surgery & kidney replant. If u like racing, invest on best horse
3 phrases to motivate for 1 cause i.e. Entrepreneurship: 1) time & tide wait for none 2) Fortune follows brave, 3) trying better than regret
As an entrepreneur, you do not give up easily type. It is the single biggest thing that goes in your favor when things are beyond obvious
Entrepreneurship is the real test of conviction
It's okay to be confrontational. You can agree to disagree
Companies may fail but Entrepreneur never fail
5 things you will always find difficult running a start-up: 1. thinking about org structure at different stages and scale of business 2. Suffering from your own legacy thinking in hyper-growth phase 3. Building headroom for your own capacity 4. Teaming up with right talent 5. Letting go things or people that are not working out
Remember power of prototype. Always think best, tone it down 2 better, then 2 good, then 2 good enough. Higher likelihood u will reach best
Remember the power of prototype. Always think best, tone it down 2 better, then 2 good, then 2 good enough. Higher likelihood u will reach best
Entrepreneurs look for Chemistry, Commitment, Capacity, Character & Cheerleading in investors, you will need these as you build world-class Company
One of the biggest things you need to be equipped before taking your entrepreneur plunge is to have a strong chemistry with your passion
Behind every success, there is insurmountable efforts, hard work, resilience & rejections. Entrepreneurs remember no pain no gain!!
Every challenge is an opportunity, every failure is an early prototype to success. Entrepreneurs always are believers and eternal hopeful
India will likely have 750m net users, 400m online shoppers, $250 per capita annual online spend by 2020, can we learn how to deploy capital
Time & tide wait for none. Do not wait for a perfect moment start your entrepreneurial journey. Take control & start now.
Every adversity or challenge creates completely new opportunity. You can be in misery or self-pity or convert it into monolithic opportunity
In a country where politicians want money & businessmen want power, the right equilibrium for nations building & wealth creation is difficult?
15 traits common for the people who do really well in a startup 1. Deal with ambiguity 2. Can work without handholding 3. Hustler and fighter 4. keep trying and never give up 5. High Passion and Energy 6. No sense of entitlements 7. Excellent in multi tasking 8. Prototyping - start from somewhere and get better 9. Byte by byte or piece by piece approach 10. Hungry and ambitious 11. Learn from mistakes 12. Not afraid of failures 13. High on common sense 14. Dare to dream 15. Push their limits and step out of their comfort zone
People who do not have them or do not believe in institution bldg will always make short-term decisions and will have a temporary approach to everything? in life, be it job, startup, family or marriage. If you want to be a true leader believe in building organizations, team and help people develop and unleash their true potentials!!
The miracle of value creation -- innovations, growth, monetization, cost optimization, and profitability
Most entrepreneurs think not enough capital goes against them. You die due to indigestion, not due to hunger. Necessity is mother of invention
Miracles happen!! Never stop dreaming and be eternal hopeful, always!!
Dare to do something different. Don't go with the status quo. Just bring passion and obsession together to build a masterpiece
A good idea takes its own time to catch up, you need to give it that time and not give up
Do not make what you can sell, sell what you can make
Would u invest in another horse or have a current horse go thru open heart surgery & kidney replant. If u like racing, invest on the best horse.
3 phrases to motivate for 1 cause i.e. Entrepreneurship: 1) time & tide wait for none 2) Fortune follows brave, 3) trying better than regret
As an entrepreneur, you do not give up easily. It is the single biggest thing that goes in your favor when things are beyond obvious.
Entrepreneurship is the real test of conviction
It's okay to be confrontational. You can agree to disagree
Companies may fail but Entrepreneurs never
5 things you will always find difficult running a start-up: 1. Thinking about the organizational structure at different stages and scale of business 2. Suffering from your own legacy thinking in hyper-growth phase 3. Building headroom for your own capacity 4. Teaming up with right talent 5. Letting go things or people that are not working out
Solve a buyer or seller problem bigger than, better than, cheaper than and faster than others and time will reward you big time. This is the only way to create value in your startup!
Only weak and insecure take undue credit of success from other’s efforts and pass blame for their own wrong doing resulting to failures to others. As an entrepreneur, give due credit of your success to others and take full responsibility for any failures.
Commitment, courage, character, capacity and craving are the five hallmarks for entrepreneurship!!
"15 traits common for the people who do really well in start-up 1. Deal with ambiguity 2. Can work without handholding 3. Hustler and fighter 4. keep trying and never give up 5. High Passion and Energy 6. No sense of entitlements 7. Excellent in multi tasking 8. Prototyping - start from somewhere and get better 9. Byte by byte or piece by piece approach 10. Hungry and ambitious 11. Learn from mistakes 12. Not afraid of failures 13. High on common sense 14. Dare to dream 15. Push their limits and step out of their comfort zone" ?Most of the entrepreneurs thinks that less capital goes against them. You die due to indigestion, not due to hunger. Necessity is mother of invention Miracles happen!! Never stop dreaming and be eternal hopeful, always!!
Challenge yourself for change is among the most difficult things you do, and it can be super painful in short term basis, but one can reap the benefits on long term basis. Embrace the change.
If you have noble intentions, you are honest in your attempts & have given your 110%, just believe in your Karma, things will happen if they are meant to be. The path of uncertainty is full of fear, self-doubt & overwhelming but you will never have a regret about what u could have done.
As simple as it may sound, but the trick behind real growth is to follow the virtue cycle with utmost sincerity and genuine efforts, not just for someone but for yourself too.
Entrepreneur should never forget that better to be lucky than smart. So many times it is not the intellect that wins.
Fortune followed the brave...take risks, you will also get suitably rewarded!
AI is a paradigm shift. Hope we embrace it vs on the mercy of others. It is automation raise to the power infinity and much more...