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Two Friends and a Fireside Chat On Entrepreneurship

Summary of discussion

  • Teaching was not considered a full-time job at one time. But it is a profession that requires you to constantly evolve by learning, unlearning, and relearning.
  • To be a successful entrepreneur, you can’t please everyone. You have to follow your instincts and be thick-skinned because many people will tell you things that will hinder your progress.
  • A fire within and a never-say-die attitude are essential qualities in a budding entrepreneur.
  • It is important to have a close group of people who will support and encourage you in the face of all the pessimism.
  • Indian families often tend to value the financial security of a job and, hence, do not support entrepreneurial aspirations. To go alone, you need immense courage driving you.
  • Entrepreneurship, especially at the micro-level, is essential for our country to prosper. We need to support small businesses and budding entrepreneurs must take complete advantage of marketing in this digital era.
  • Most people do not reach out. Nothing is stopping you from writing to someone even as influential as Donald Trump. The worst that can happen is not hearing back.
  • You must be humble and polite. If you are well-mannered, half your battle is won.
  • Do not be short-sighted while starting a business. Don’t just think about the present or the coming year. A business should be driven by thoughts of the future since vocations are changing extremely fast.
  • Students earlier thought hotel management to be a course for cooks. Cooking is a life skill and students of hotel management today aspire to be Michelin-star chefs and earn in pounds and dollars. 
  • Every entrepreneur must look for opportunities. All businessmen are opportunists and if there is an opportunity without a significant financial burden, you must grab it.
  • Technology is going to take over almost everything and it will be critically incorporated into education, too. We not only need to adapt to digital education but be competent at it as well.

Summary of discussion

  • Teaching was not considered a full-time job at one time. But it is a profession that requires you to constantly evolve by learning, unlearning, and relearning.
  • To be a successful entrepreneur, you can’t please everyone. You have to follow your instincts and be thick-skinned because many people will tell you things that will hinder your progress.
  • A fire within and a never-say-die attitude are essential qualities in a budding entrepreneur.
  • It is important to have a close group of people who will support and encourage you in the face of all the pessimism.
  • Indian families often tend to value the financial security of a job and, hence, do not support entrepreneurial aspirations. To go alone, you need immense courage driving you.
  • Entrepreneurship, especially at the micro-level, is essential for our country to prosper. We need to support small businesses and budding entrepreneurs must take complete advantage of marketing in this digital era.
  • Most people do not reach out. Nothing is stopping you from writing to someone even as influential as Donald Trump. The worst that can happen is not hearing back.
  • You must be humble and polite. If you are well-mannered, half your battle is won.
  • Do not be short-sighted while starting a business. Don’t just think about the present or the coming year. A business should be driven by thoughts of the future since vocations are changing extremely fast.
  • Students earlier thought hotel management to be a course for cooks. Cooking is a life skill and students of hotel management today aspire to be Michelin-star chefs and earn in pounds and dollars. 
  • Every entrepreneur must look for opportunities. All businessmen are opportunists and if there is an opportunity without a significant financial burden, you must grab it.
  • Technology is going to take over almost everything and it will be critically incorporated into education, too. We not only need to adapt to digital education but be competent at it as well.
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