From local commerce to visionary leadership, 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 35 gems and insights from the week of July 26 – August 1 with your colleagues and networks, and check back to the original articles for more insights!
We Indians are known for jugaad – the rest of the world calls it Lifehack.
While travelling in really different sort of communities and areas you realise how people have taken up technology and used it for their local purposes.
There is no platform better than cricket in India.
Singapore is a great place to start a new business.
All great relationships in life have one thing in common – respect for others.
E-commerce through kirana is still at a nascent stage.
Local services is an unorganized market in India.
Marketers need to formulate their strategies focused on user personas and their intent.
Overall spend on technology around recruitment in India should be about USD 1 to 1.5 billion in annual revenues.
App-only route in my mind is a disaster.
Technology has made us more connected and a lot more distant at the same time.
Your startup is your magic, don’t let go of it cheap.
Be a problem solver! Just get your hands dirty and time will lead the way.
If you look at failure in advance, then nothing will ever happen.
The world, today, sees India in a positive light.
It becomes important to choose something one is passionate about. If one enjoys the process, it becomes easier to get through the countless failures before the eventual success.
It is finally the gut feeling of the entrepreneur to decide if he must pivot or not.
You will see lot of employees come through personal networks of existing employees.
With over 7 million artisans, India is globally known for its unique artifacts and traditional products.
Every artist is a story teller.
I think art has a way of transforming the world.
Creating an image gets me to a high and that is a feeling I would not trade for anything else in the world.
Upto 40% of India’s produce is wasted in transit. And yet, India has only 8,000 refrigerated trucks capable of transporting fresh produce.
India produces 13 million tonnes of paper every year and the recycling is only about 26%.
Recycling is an art that sustains life and livelihood.
Services marketplaces need to standardize their services so that users get a consistent and seamless experience, much like products.
Funding may or may not materialise but a sustainable business will keep you in the race.
Product-market fit matters the most.
Entrepreneurship presents an interesting cocktail of highs and lows.
Get ready to live a life in silos, with no time for family.
I couldn’t bear the monotony of a day job where I would have to work to make someone else rich.
Large businesses take a minimum of ten years in the making.
You need both the kinds of businesses in the world: one, to innovate, and two, to expand the idea to the world.
At the end of the day, fashion is not about what you wear, it is about how you wear it.
You represent your personal brand with not just your work but also the perception you inspire.
Everyone has aspirations, they just need the right opportunity.
When someone says you won’t do this because you are a girl, I can’t rest until I do that.
Dream is not that which you see while sleeping - it is something that does not let you sleep.
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).