Author
Vaishali Dar is a Senior Associate Editor with BW Businessworld and Editorial Head with BW Disrupt. She writes on corporates, start-ups, hospitality and travel
Find the right partners. Trust among team members and 100 per cent focus on execution are critical to build value
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Think long term, and build an idea in a sustainable manner. Execution of the idea remains key — the idea may not be unique in itself, but whoever does it best, whoever signs up for the long haul is the one who stays
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Insane ambitions are a common ingredient of all the might in the world! One should have freedom from the controlled mindset, freedom from thoughts of self-doubt, fear should be controlled and checked
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ny startup is built based on 98 per cent executional success and 2 per cent idea. It is also important to have the right set of talent in your team who believe in your vision
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Focus on building awesome teams and a vast network of friends and mentors. This will immensely help you to succeed in life and build future goals in life
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Work very hard on the idea with respect to market fit and most importantly how will your business make money
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Business is equal to profits, and until the time business attains profitability, it’s as good as burning money in fire. So work hard and don’t chase venture capitalist funds. Create value, generate profits and money will follow
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Start a business where you think you have an edge over others. But running a business is like being in a sport, you need to have an edge to win. And you also need to maintain that edge by constantly honing it
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In an interview with BW Businessworld,Nishith Rastogi, Founder & CEO, Locus, shares tips for budding entrepreneurs
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There are three primary reasons why startups fail: mismatch between customer need and proposition; entrepreneurs mistaking great ideas to be big milestones; and lack of funds for projects. My advice to those starting out is to keep these factors in mind and take quick actions whenever necessary
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