Quotes

‘We’re not building a venture, we’re building a culture’ – 50 quotes from Indian startup journeys

Madanmohan Rao
19th Jul 2015
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From student entrepreneurship to sustainable development, witness the memorable journey of Indian entrepreneurship in these excerpts and stories! StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here). Share these 50 gems and insights from the week of July 12 – July 18 with your colleagues and networks, and check back to the original articles for more insights! 


StoryBites
 We need a new template that is drastically different from the vainglorious Unicorn hunt.

- Sumanth Raghavendra, DeckApp

Being in the consumers’ stream is good, but being in their face is not.

- Ashok Lalla, Brand Advisor

The line between online and offline is blurring.

- Mohit Lalvani, QuikWallet

Ecommerce presently counts for only two per cent share of the retail market in India.

- Amish R. Shah, AndNrby

Building an MVP is a lot harder than founders want to acknowledge.

Rakesh K., Griggi

The e-commerce boom has helped individuals trust online platforms.

- Lionel Charles, IndiaFilings.com

We are bringing about a paradigm shift in the entire agriculture value chain by being specialists in post-harvest management.

- Palat Vijayaraghavan, Lawrencedale Agro

Developing countries suffer more food losses during agricultural production.

– FAO Report

Is there one invention from India that has become a household name in the globe?

- Narayana Murthy, Infosys

We see India as a place of big opportunities.

- Terry Gou, Foxconn

A thinking, thriving Indian software industry has emerged. Products are being built. Innovation is rampant.

- Sramana Mitra, One Million by One Million

A new wave of Enterprise Software product companies from India will soon take on the world.

- Mandar Kulkarni, Zanskar Advisors

If China is recognised as a ‘manufacturing factory’ of the world, India can become the ‘human resource capital’ of the world.

PM Narendra Modi

The major gifting market in India is in the offline stores – it’s almost 75 per cent of the whole gifting market.

- Nitin Jain, IndiaBNI

India’s retail market is geared to scale up from $650 million to $1 trillion by 2020.

- Neeraj Jain, Zopper

There is a revived interest in artifacts of India.

- Maneet Gohil, Lal10

The major issue gyms face is that a large section of people come and sign up, but 60-70% do not return.

- Mehz Sheikh, Gymer

In India, the food market is pretty fragmented and there is a lot of scope for the ecosystem to grow and develop.

Sri Harsha, Swiggy

Nearly 80 percent of local searches on mobile devices turn into purchases.

- comScore

GPS is more a spray-and-pray method. Beacons let you understand who the customer is and give an offer that makes sense to the customer and not a general offer.

- K R Rahul, Clozerr

More than 80% of the Indian apps on Google playstore struggle to reach 10,000 downloads.

- Pramod Pandey, Mobibit

The audiophile community is one that is fast growing.

- Raghav Somani, Headphone Zone

Shrinking living spaces, dynamic work patterns have resulted in people adopting a transient way of life.

- Farooq A Oomerbhoy

Ads today have forgotten the protagonist of the story – the user.

Naveen Tewari, InMobi

More than 25 per cent of angel investors participate in follow-on rounds.

- India Angel Report

Foreign companies would find it profitable to locate here.

- Dr. Cigay, Bhutan Innovation and Technology Centre

We’re not building a venture, we’re building a culture.

- Harsh Gupta, Fratmart

It needs to be understood that having a diverse workplace brings better understanding and empathy to the culture of an organisation.

- Manisha Kathooria, Kays Harbor Technologies

Bootstrapping is a must in order to understand the challenges your business can face. It also forces you to overcome them frugally.

- Dinesh Pratap, Wooden Street

We’d always wanted to keep it bootstrapped until proof of concept was done, and then use money from investors only for expansion.

- Anirudh Batwara, Logisure

Some still think that I am crazy, but I am okay with that.

- Sunil Chaula, WiWigo

You have to work for 10 years to be an overnight success in B2B.

- Deepesh Agarwal, MoveInSync

While going high do not forget to take people who are around you.

- H. Saroja, Nandi Vermicelli Industries

Balance your founders’ intuition with evidence.

Ganapathy Venugopal, Axilor

I am happy that I took the plunge to satiate my hunger to start something of my own that not only interests me but also gets the best out of me.

- Navsangeet Kaur

The startup world is all about hope, optimism and an undiminishing zeal.

- Rajesh Sawhney, innerChef

Set high standards for yourself. If you have a bad experience, learn from it.

- Mandakini Gupta

As individuals, we must try and eliminate cash transactions, as much as possible.

- Nikhil Wason, Cardback

We need everyone’s help to answer the question ‘Whom should I vote for?’

- Krushnaal Pai, NetaG

As an entrepreneur, learn to celebrate your smaller successes.

- Shanti Mohan, LetsVenture

I am going to try and win more slams and try and win a women’s Grand Slam as well. That’s what we really play for. Maybe, that’s the only target I can set.

Sania Mirza

It’s still hard for many to believe in the concept of ‘social enterprise’ and its motives to address key challenges in the society.

- Nagesh Chukka, vRemind

I want to give something back to the world and make the maximum of the life that I have been blessed with and make it count.

- Devanshi Seth, Take Care

It makes me happy to set an example for the fellow women of my village and inspire them to take up the traditional cultural heritage as a passion and profession.

- Swarna Chitrakar

I think, for women like me, who haven’t really faced discrimination as much, must work harder to speak up for those who are most disadvantaged.

- Sanskriti Jain, NADT

9 million people with disabilities in India are educated yet unemployed.

– The X-Women

Nearly 20% of the global youth population is in India.

- Shaun Jayachandran, Crossover Academy

Children today are overly exposed to technology.

- Parita Parekh, WonderBox

Modern day parents need a more digitization-friendly approach to parenting.

- Nalina Ramalakshmi, Parent Circle

We help people celebrate the event called life.

- Shailza Sood Dasgupta, Chalo Lets Go

Dance is nothing but yoga.

- Guru Syed Pasha

 

YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).

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