Former BSE Chairman S Ravi Says Advisors and Mentors are the One’s Who Polish the Ideas
S Ravi, the former BSE chairman and the independent Director of Tourism Finance Corporation of India sheds light into the common drawbacks of startups. From his vast experience as a policy maker, S Ravi also gives his comments on the common flaws of the young entrepreneurship and how to rectify them. S Ravi Bse The former BSE chairman S Ravi feels that first of all these entrepreneurs are too obsessed with their ideas. So the first and foremost mistake is that they might have a very good idea but they have to be flexible and very fertile in their imagination to change the business model according to the requirements. Because any idea to be converted into reality requires capital, growth, marketing and above all one need to have a story to tell people. So it’s a package that makes the company successful. And if a company personal has a good idea and they fail, it is because they are so obsessed with their idea and are not willing to change it with the market conditions. A...