CO - Finnovation

The death of Entrepreneur & Entrepreneurship

The death of Entrepreneur & Entrepreneurship

What amazed me was that why a person with a Net worth of 25,000 crores (nearly US 3.6 billion) could commit suicide, because of the pressures from an investor. More amazing was the fact that the value of assets were more than the liabilities. Crazy?

This made me think. Today's business is run on someone else's money while creating assets for myself or my company. The smarter one is better. Does this thinking needs the disruption ?

Every single entrepreneur is looking for funding. Which means someone else's money to make money for myself/my company. Why are we looking to do business with someone else's money? Is growth so important to Entrepreneurs?

Huge Private funds, borrowing from banks or private investors are the norm. What would have been the problem if VG Siddhartha would have sold some of his assets to grow his business? And hence would have not gone through the intense pressure of investors/banks sitting on his head. Is growth so important that one is willing to lose peace of mind as an entrepreneur ? And then find solace in "that meditation", "that chanting" ..........

And there are others who blow away investors' money and then file for bankruptcy or cry "business failed"/losses. Please note even money borrowed from the bank is some innocent person's life savings.

I believe that Karma always finds a way. Entrepreneurs need to probably get back to a new disruptive old school thinking.

"I failed as an Entrepreneur" that's' what he said, while the world of entrepreneurs felt sad, lost, and depressed. And many entrepreneurs connected since this was/is the "Norm ?". Maybe today's way of doing Entrepreneurship is failing you.

The world which we see with our physical eyes might be different from what we see from our Heart.

"Realize that everything connects to everything else."     Leonardo DaVinci

  • Dr. Ritu Jain Gaurav,
    Dr. Ritu Jain Gaurav,
    Founder, Investor & CEO, U2USystems , U2UHealth

    Dr. Ritu is CIO and Founder Swashamtaa Foundation enabling and empowering vulnerable sections of the society women, youth, and elders. CTO for U2UShoppe a social enterprise enabling Home-based Women Entrepreneurs. CTO for U2ULifestyle an Online Magazine for Social Impact & Indian Culture Top 130 women Transforming India 2019 Companies across the globe are digitally transforming as they are challenged to improve business processes and develop new capabilities and business models. Her passion includes the transformation of user experiences into digital experiences. Not only she is a hands-on coder/developer but also keen on finding technology solutions. I am a technology evangelist with experience in Project and Portfolio Management. Dr. Ritu work with Government, Industry, and Not for Profit Organizations for technology transformation in a people-centric approach.

You May Also Like

Business failure by overtrading
Business failure by overtrading

Remarkable sales figures and improved short-term profits do not necessarily indicate ongoing success...

Challenging The FinTech Funding Gap In Asean To keep The Growth Engine Running
Challenging The FinTech Funding Gap In Asean To keep The Growth Engine Running

What is the preferred method for FinTechs to raise money? How much capital do FinTechs hope to rais...

Building a personal set of values - the 6 I's
Building a personal set of values - the 6 I's

Becoming a successful CFO requires persistence, hard work, technical skills, and people and manageme...

Fixed Cost Management
Fixed Cost Management

From the financial perspective, there are two types of cost that management has to deal with –...

The Future of Forex: How to Navigate the Asian Landscape for Maximum Profit
The Future of Forex: How to Navigate the Asian Landscape for Maximum Profit

To get a grasp of the evolving nature of Forex in Asia, it is pertinent that we look through the his...

Entrepreneurship: The Struggles No One Talks About
Entrepreneurship: The Struggles No One Talks About

Success is all about the money, fame, and glory. That’s the constant message we see on social ...

Boardroom commitment to security
Boardroom commitment to security

The subject of ‘Board commitment to security’ is a sensitive and often emotive one. The ...

Blockchain for Claim Management in Insurance Industry
Blockchain for Claim Management in Insurance Industry

Insurance industry has a vast potential for blockchain-driven innovations solving multiple pain poin...

Fraud Detection : Challenges in Real Time Payments
Fraud Detection : Challenges in Real Time Payments

“The financial industry is shifting towards real-time data analysis, deploying technologies su...

Bench to Market
Bench to Market

BENCH TO MARKET Some thoughts from an (interested) observer: #1    having the innovator/...

Risk Management Concepts
Risk Management Concepts

Risk Management Concepts - a practical approach. History, the Persians and risk management, an ex...

Start Up
Start Up

Millennials are now the largest segment of the U.S. labor market according to >Pew Research, an...

Granting Credit & KYC
Granting Credit & KYC

Money cost money. Credit is money. Hence, credit cost money!   Credit also carries an element o...

Money in the bank was never more important than it is today
Money in the bank was never more important than it is today

With the current spread of COVID-19 pandemic, the world has got locked down. It is an unfolding even...

Risk Based Capital- Issues, Challanges and Opportunities
Risk Based Capital- Issues, Challanges and Opportunities

Introduction A Stable insurance sector is encouraging various insurance regulators around the world...

COVID-19: the changing fortunes of industries and how businesses can thrive
COVID-19: the changing fortunes of industries and how businesses can thrive

With no end to the COVID-19 pandemic in sight, how can businesses build resilience and pivot for fut...

Risk Management 2.0
Risk Management 2.0

In today’s VUCA world, Risk Management has been on the CFO’s radar since the global fina...

Managing Conduct Risk in ASEAN and Malaysia - Addressing Drivers, Restoring Trust
Managing Conduct Risk in ASEAN and Malaysia - Addressing Drivers, Restoring Trust

There has been no shortage of well-publicized and highly damaging misconduct scandals within the glo...

Defining business problems clearly
Defining business problems clearly

I have observed in my years of project delivery, stakeholders are generally quick to jump into solut...

Fraudsters capitalise on COVID19 crisis...
Fraudsters capitalise on COVID19 crisis...

Shiny hunters, a hacking group, allegedly stole personal data, including email, phone numbers, hashe...

Stay Connected With Us