74 karma · joined April 20, 2011
Once again, its not the embracing of failure, but what you perceive as failure. Most start out for the fact that they love what they do and would do it even if they werent paid for it - its the learning along the way, the friends they make and the experience that drives them. The payout, is a bonus. Failure is not going anywhere, and not even getting a lesson out of it or growing a new skill.
There is nothing wrong with the article. You are setting yourself up for some trouble when you claim you know the "real" reason - backed by zilch data, and just pure perception :)
I dont know if IIT Delhi is the most entrepreneurial - because some is running around with a watermelon helmet and produced a movie? :)
Any cohort, be is the top 20% or the long tail, will have few risktakers. how does having the IIT Tagline make things any different?
Even by your own thought process, I wouldnt say they dont want to fail, they just have a very different notion of success and I'm sure they believe they are successful. Let them be.
At the end of the day, whether we choose to become entrepreneurs, fight the daily battles of life, or take a route that pays well - we have to stay true to our Dharma (that's really what it all comes down to).
PS: It does look like IITians and IIM grads find their way into the ecosystem - most of them as venture capitalists. About 60% of the Associate Partners in Indian Venture Capital firms come from IIT / IIMs (lower from 80% as to 5-10 years ago). Thats out of a sample of 1500 AP Positions (roughly)
Source (http://bestengagingcommunities.com/2012/07/10/how-to-get-a-j...)
... And winter is coming. :)
My mentor used to remind me often that we are the final product, and that "phase" when we are building a startup is all towards enabling the product (aka us) to grow a skillset - or a new feature, if you'd call it that.
I worry when entrepreneurs and visionaries anticipate and call for a world that would embrace failure. I have no idea what that means, but failure - on a personal level - to accomplish that set task in a phase in a life, still would hurt, if not anything, just for the mere sake of the confidence and drive we put into it.
But every entrepreneur worth his or her salt will survive it.
Weirdly, wrote about something like this, back in 2008. http://www.vijayanand.name/2008/10/the-future-of-living-how-...
... in a nokia centric world, be it.
It was still a very Nokia Centric world, back then.
We are taking the words of someone who can't even spell check, seriously?
I think this is a side effect of Facebook comments. I have noticed that whenever there is a "validated" commenting system, where the user cant just create a fake id and rant away, but is connected to his/her social profile somehow, the trolling rate drops significantly. And on the positive side, because there is a linkback to your entire social community about your viewpoint, it also extends the reach of your content among active users. Its a win-win from the content creators point of view.
Just makes sense.
This is the pre-cursor to the programme. 8 months into the programme (since resident programme candidates will be first preference for the accelerator programme) the teams will be eligible for the investment.
Hope that helps.
Took your suggestion to heart. No theatrics, sticking to the crux of the topic now. Edited accordingly :)
Update: The title read before "The Real Entrepreneur | Why most are simply Fake"
1. Cant raise capital 2. Cant find talent
http://www.businessinsider.com/face-it-nyc-is-not-the-best-p...
Floods of Indian Origin Entrepreneurs moving out of the US. Perhaps its all well balanced, someone ask the Startup Visa guys to chillax! :)
http://www.usatoday.com/tech/news/2011-05-10-tech-talents-le...
Zoho sits out of a city in India named Chennai (Not bangalore) and takes on Google. They make it happen as well. Some folks will always crib, even if life was handed to them on a platter.