Last Saturday, I gave a talk for TIE on “The New Internet”. The presentation, while showcasing the opportunities for the future, ended with some of the lessons I have learnt in the last 10 years as an entrepreneur.
- Importance of Vision: Dream the future
- Think 2-5 years hence; near-term opportunities are gone
- Best way to raise capital is by being profitable (B-n-B biz)
- Need to Stay Alive long enough to aim for Gold
- Our biggest strength is Passion — “infectious enthusiasm”
- Be prepared to fail – and learn; Experiment and Explore
- When building, don’t think of exit; Build to Keep
- Forget the stock markets – they are irrelevant
- Our First Mistake can be our Last
- Read-Think-Write
- Faith in God