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No one will tell you these, but you got to know them before you start out.

No one will tell you these, but you got to know them before you start out.

I read “Failing to Succeed” by K. Vaitheeswaran in just two sittings. The Indiaplaza and E-commerce chapter is a masterclass which no MBA will teach you. The book related a lot to me personally for several reasons. Vaithee is an old colleague from Wipro and we transacted a lot during our tenure there. Secondly, I too have experienced the discrimination he mentions in the book- not coming from a premier institute. As an entrepreneur myself, I have felt the unpredictable behaviour investors exhibit. Honestly, my experience reinforces my belief that these high profile investors have very non-transparent behavior,

It is not easy to stay focused on a single goal for eleven years. Vaithee also encourages entrepreneurs to experiment, and that it is okay to fail.

One critical aspect that the book could have dwelt in a some more detail is the fact how difficult it is to close down a company. There are passing mentions, and a couple of anecdotes, but this is a huge problem we have in our business ecosystem. The book is a must read for everyone who wants to be an entrepreneur to absorb every one of his experiences and anticipate similar episodes in their journey too.

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Posted by on August 28, 2017 in Book Review

 

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