Passion, hunger and desire – without these three elements, there is no point to being an entrepreneur”, said Dr Annurag Batra, Chairman and Editor-in-Chief, BW Businessworld and exchange4media at the Startup summit.
While talking about how his journey started from exchange4media in 2000, Dr Batra shared his vision for BW Businessworld as a Digital First, Video First platform with 360 degrees coverage through multiple communities.
“it’s no longer risky to be an entrepreneur. Even though with the COVID situation, entrepreneurs are facing a lot of hardships, however, the mindset of people towards entrepreneurship has changed a lot", said Dr Batra.
As our Prime Minister Narendra Modi always says that it's okay to fail. Such speeches are changing the mindset of families and people.
While talking about how Indian culture is changing their mindset towards entrepreneurship Dr Batra said, “Families today are more receptive towards entrepreneurs. There are great minds available for mentorship and guidance including pitch ecosystem, capital raising ecosystem, incubators and accelerators etc.”
The recent ban on Chinese apps has paved the way for Indian apps in the same categories. Some of the Indian apps have come up as a filler.
Dr Batra Highlighted Five Rules of Entrepreneurship
Passion Hunger and Desire, without these three elements there is no point in being an entrepreneur
Collaborate with people – God helps those who help others, help and collaborate with other people, you might help someone, someone they know will help you, that’s how things work”
Vision – “If you can dream it, you can do it. Having a vision is very important if you can imagine, dream and visually build something, you can make it happen.”
If you feel lucky, you get lucky – “If you feel lucky, the brain gets re-wired, you start working harder and you give it your best.”
Choose something that you naturally enjoy doing – “If you enjoy your work, you are definitely on to something big, because if you love your work, you will not be looking at your watch”
“COVID is about doing more with less. Indians being resilient know how to do more with less.” Said Dr Batra ending his keynote address.