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So what makes one a ’successful’ entrepreneur?

Let me start with a premise: Success is generally measured alongside monetary health of a venture. Rightly so coz numbers are the bloodline of any business. So let me define a ‘successful entrepreneur’ as the one who has a venture which has a sound monetary health.

Over the last few years, I too have been in pursuit of a ‘magic potion’ that makes the entrepreneurs all that we worship. When I read about entrepreneurs like Steve Jobs and Bill Gates and many who dropped-out of college, it appeared to be one of the magic mantra of becoming a success story. Drop out, start a venture, rule the world – in three simple steps.

But after a couple of years, I realized that the ploy is far more complicated. Local society has a bearing on one’s entrepreneurial life too and therefore, following the Indian success stories made more sense than following the western ones. I came across the Naukri.com story and Makemytrip.com – both the entrepreneurs did their MBAs from the best Management Institute in the country – worked in a corporate for few years and then did their start ups.

To read the full, original article click on this link: What makes a ’successful’ entrepreneur? – [Take of IIM A Alumnus]

Author: Guest Author