November 10, 2012

Do it. Or Don't. Never "try to do it".

Krishnan Ganesh, Angel Investor & Founder of Tutorvista in Business Today:
As CEO of Bharti British Telecom, I used to work directly with Sunil Mittal. During meetings on strategy and plans, we used to have stimulating debates and heated arguments. At the end of it, Sunil Mittal used to take a firm commitment - either the senior managers were going to do it, or they had the choice to refuse. Accepting to try an idea was not an option.

Agreeing to "try to do it" is a sure-shot recipe for a half-hearted attempt that will result in failure. This has helped me as I started four companies and built strong teams to get people committed to a cause or task wholeheartedly rather than start with doubts and dissonance.
Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private company transactions, valuations and financials in India. Click Here to learn about Venture Intelligence products that help entrepreneurs Reach Out to Investors, Research Competition, Learn from Experienced Entrepreneurs and Interact with Peers. Includes the Free Deal Digest Weekly Newsletter: India's First & Most Exhaustive Transactions Newsletter.