Success Mantra
Apart from attitude, passion and discipline, I feel grit is important, too, to define an entrepreneur well. Be prepared for delayed gratification and work hard every day with unwavering motivation.
The driving force behind your journey I come from a humble background and my parents have worked hard for my education. I plunged into entrepreneurship after my engineering graduation in 2001. While I have seen many college startups come out in the recent decade, back in 2001, this was a very rare choice. Entrepreneurship has become an acceptable choice for smart college graduates and I believe that change is extremely satisfying.
Business advice ‘Revenue is the lagging indicator for the success of the business and not the leading indicator’.
Tips for budding entrepreneurs Treat entrepreneurship as a way of life. You might feel intellectually, financially and emotionally challenged. But the key to comfort in the entrepreneurial journey is to learn and live the reality.
Government support The government should always encourage open dialogue with the entrepreneurial community. They should encourage more social entrepreneurship. Many sectors such as education, waste management, environment protection, employment generation, etc., are perfectly suited for some large scale solutions and the government should actively collaborate with entrepreneurs to come out with solutions.
The team It is the most important factor in one’s entrepreneurial journey and probably the only thing that an entrepreneur controls to a certain extent. It is easy to confuse a group of all accomplished individuals as the right team and every entrepreneur should be cautious about this. While hiring, always follow “A-S-S” framework, put Attitude before Smartness before Skillset. You do that long enough and one would end with the right team. Also, there is no place for brilliant jerks in the team. Watch out for them and get rid of them as quickly as possible.
The inspiration The world is full of highly accomplished people and one can learn something from everyone . Recently I had a chance to meet with His Holiness The Dalai Lama and a brief interaction with him changed my perspective on meaning of life and meaning of being happy.
The next step InMobi is on a journey to create an advertising platform, which will become a rival to large walled gardens in terms of both scale and efficiency. We continue to remain on that mission.