Tuesday, March 21, 2017
Thinking aloud. #Opinion
However radical I may sound but I strongly feel that those #entrepreneurs who solely work on valuation without caring too much about revenue or the investor's return, are as good as ponzi scamsters.
I remember reading stories of great minds like Jack Welch, JRD Tata, Steve Jobs etc who created empire and worked diligently for that.
When JRD inherited Tata leadership from his father. He was in debt and had lost everything to pay the debt. Lived in a hotel and operated from there.
These are the kind of stories the #startup entrepreneurs should know rather than idolising the fly by night operators who work on valuation.
They have build institutions and empires which remained a continuous source of livelihood for many. A continuous source of inspiration for us.
Hardwork, commitment and will to sacrifice self interest in the larger interest of the organization is the basis of institution building.
I long to meet such an #entrepreneur in person. But alas in this fast paced world we find opportunists masquerading as entrepreneurs.