Thread by @vivbajaj

Entrepreneurship is the toughest battle one can fight, especially in India. Major challenges here :

1. The mindset of the majority who want everything free without realising that one who is giving free will eventually take money from them through indirect sources.

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2. Dynamic regulatory environment leading to volatility in the business model. Most of the time you don't want to take license yet you land up taking irrelevant license.

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3. Fight against unreasonably hyper funded startups who are more tech-enabled and have little understanding of the subject, yet they are able to sell stories to softbanks of the world. Tech enbalement is good but not the only thing in the stock market.

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4. Managing team expectation and getting productivity from them. I can clearly see India as getting unproductive. Thx to tick-tocks of the world. We will let our key generation waste a major opportunity to create a world-class perpetual growth engine.

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5. Most critical is the limitation of our thought process in developing a product.

India has not seen many global products coming out of our country. Everyone is just doing copy paste.

Reason? We just want to follow and dont want to lead in innovation.

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I sincerely wish that we will be able to change some perception amongst the investors in India.

If you want value, you should pay the price, else the incentive to innovate goes for a toss.

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This will help us in building the ecosystem better and best for the benefit of new India.

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