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𝗔𝗱𝘃𝗶𝗰𝗲 𝘁𝗼 𝘆𝗼𝘂𝗻𝗴 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀 -𝟱 Ashank: You require a team which feels a trust for each other. And which is willing to designate one of them as a leader. Not based on shareholding alone but respect, trust and competence because that is self sustaining. There is no one formula but I would say yes, get 4-5 years of experience learn at somebody's cost if I may use the word. Get a bit of a feel, bit of financial stability, some savings. After all, venture capital is there but you need your own money too. But don't wait too long. Everyone does not need to build a 100 crore or 1,000 crore company. Small vs big vs superbig is a choice that an entrepreneur makes himself or herself depending upon the ambitions, values and what he likes doing. Sundar: 1. Don't just think about it, don't just wish for it, jump into it and do it, if you are really serious. 2. Once you get into it, go all out, never look at quitting as an option. 3. Remember that if the startup fails, it is your idea that failed, not you 4. Great companies are created by great people. There is very little any one individual can achieve alone. Ketan: - Bringing a right team together (more than synergies of skills, synergies of values and attitudes is more critical). Make plans but remain open to all possibilities as events unfold in the marketplace. Think big and behave as if you have already accomplished your greatness. We started implementing many practices way ahead of our size. - Retain work-life balance. Here's a summary of the above advice by the founders of mastek Building a successful venture requires a blend of preparation, perseverance, and the right team. Here's what these experienced individuals recommend: Teamwork and Leadership Trust and respect are paramount within your team. Acknowledge that the leader should be chosen based on competence and trust, not solely on shareholding. Focus on synergies of values and attitudes among team members, as this is more critical than just a mix of skills. Remember that great companies are built by great people, and individual achievement alone is limited. Getting Started and Mindset : Don't just contemplate; if you're serious, jump in and do it. Once committed, go all out and never consider quitting. If your startup doesn't succeed, remember that it's the idea that failed, not you as an individual. Preparation and Financial Stability: It's advisable to gain 4-5 years of experience to learn and build some financial stability and savings. While venture capital is available, having your own money is also crucial. However, don't wait too long to start your entrepreneurial journey. Vision and Execution: Think big and act as if you've already achieved your goals. Implement practices that align with your grand vision, even if you're not there yet. While making plans, remain open to all possibilities as the market evolves. Personal Well-being: Finally, remember to maintain work-life balance. Your journey as an entrepreneur is a personal choice, and not everyone needs to build a massive company; the scale of your ambition is up to you. This advice emphasizes the critical role of a strong, values-aligned team, the importance of decisive action and resilience, and the need for a balance between preparation and bold vision. 𝘽𝙮 𝘼𝙨𝙝𝙖𝙣𝙠 𝘿𝙚𝙨𝙖𝙞 / 𝙈𝙖𝙨𝙩𝙚𝙠