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‘A good idea must have legs. Else it remains an idea’– 35 quotes from Indian startup journeys

Madanmohan Rao
16th Apr 2018
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From idea to implementation, 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 April 9-15 with your colleagues and networks, and check back to the original articles for more insights.

While the big picture technically comes out of strategy, you need to work ground up. - Deep Kalra, MakeMyTrip

Organisations change strategies overnight unlike a decade ago when strategy change was a matter of too many deliberations and thinking. - Jasal Shah, Velocity MR

It is great when the passion for your work grows on you. - Deepak Mehta, Gallery Moksh

Balancing the creative side and the business side of business is hard. - Shankar Prasad, Plum

Growth creates complexity, and complexity is the silent killer of growth. - Chris Zook and James Allen, 'The Founder's Mentality'

A good idea must have legs. Else it remains an idea. - Georgina Fernandez, Five & Two Fine Foods

Everyone deserves and requires access to financial solutions that are intuitive and easy to use, flexible and personalised to real goals. - Sucharita Mukherjee, Kaleidofin

It is just a matter of time that patient financing will become an integral part of the healthcare industry. - Parvaiz Hussain, HealthFin

Within the next four years, it is estimated that nearly 60 percent of India’s GDP will have a strong connection to the digital transformation trends. - Anant Maheshwari, Microsoft India

There are an estimated 2,000 careers in India for which you don’t need a marksheet (formal education) and that actually pay more than a career attained through an engineering degree. - Varun Agarwal, Grades Don’t Matter

It's actually very possible to make music, or do something you are good at, while you are studying. - Anish Sood

What matters is finding the right product for the masses. Wholesale markets are still preferred by many customers because they serve customers’ needs at the right price points. - Albinder Dhindsa, Grofers

The nightlife market space is far from being completely evolved or saturated, providing a great opportunity for players who are willing to innovate and provide end-to-end solutions. - Prasun Kumar, HighApe

There is a 25 percent wastage of all onions that are grown in India. The reason being the farmers don't get a fair price for the produce due to volatility of the markets and improper storage conditions. - Satyajit Roy, Everyday Gourmet Kitchen

The best bicycles manufactured today in India by the biggest companies like TI and Hero are not built for public use and sustain for longer periods without constant checks. - Vansh Taneja, LetsCycle

The tender coconut market alone is worth Rs 12,000 crore per year. - Manigandan KM, TenCo

So many craftsmen come to Mumbai and find they’re not equipped for big-city living. Often, they just fall through the cracks. - Anu Tandon Vieira, Retyrement Plan

Even though significant progress has been made in GST rollout, the administration needs to enhance its focus on educating small and medium business owners across India. - Devesh Rai, Wydr

It is critical India benefits from the best of global technology and innovation in meeting the country’s unique needs. This benefit will only come from open and free flows of data, something that has long benefited India’s IT industry. - Porush Singh, Mastercard

A huge increase in rental numbers is changing how people think about furnished spaces. - Sanchal Ranjan, ZiffyHomes

A hospital scans thousands of images a day and the human eye makes mistakes, but the software does not, and that’s the power of AI models and data. - Hindol Basu, Actify Data Labs

The depth of data, or its many layers that interact simultaneously, require machines that can crawl faster and draw connections faster. - Kumar Anshu, Innoplexus, India

The year 2017 taught us about one thing - listening. – Bjorn Hubert-Wallander, Uber

While we still have a lot to learn about Blockchain technology, given the enormous scope of its application, interest for Blockchain roles is here to stay. - Sashi Kumar, Indeed India

The shift towards edge-based decision making and development has made the need for a federated governance structure critical. - Raunaq Vaisoha, Elemential Labs

Money can’t buy you happiness but only things that make you happy momentarily. - Priyank Sukanand

The future of journalism is getting closer to the communities we serve, reflecting a greater diversity of views and perspectives in our work. - Andrew Losowsky, The Coral Project

A new paradigm for tech-based companies, and in particular, companies of the future is to build scalable and sustainable talent acquisition, development and retention programmes. - Rana Kapoor, YES Bank

The biggest opportunity for brands today lies in cultivating a purpose-led culture. - Anne Bahr Thompson, 'Do Good'

It is only after we collectively start picking up trash that we can collectively stop throwing trash. - Jacob Cherian, ModernMedia.in

Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1. - Jeff Bezos, Amazon

You are the CEO of you, so take charge. - Marianna Tessel, Intuit

There is always scope for improvement in any market. - Jessica Jayne, Pahadi Locals

It is wise to use data internally to make hiring decisions. This ensures you are removing any biases and doing a holistic evaluation before coming to a conclusion. - Zaid Abbasi, Squad

Our lifestyle becomes lot more relaxed and joyful when we manage money in a disciplined manner. - Dinesh Garg, FinArt

A strategic investor always has a different equation than a pure financial investor. A strategic investor eventually wants control and a buyout. – K Ganesh, serial entrepreneur

Eventually, you have to make money; you cannot continue to burn investor cash to run daily operations. - Mohandas Pai, Aarin Capital

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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