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Do not put all your eggs in one basket; diversify your investments to mitigate risk.
- Started with
- ₹0.5K
What worked
Decision-making, risk-taking, learning from mistakes, strong support system (wife, brother), focus on organic growth and customer needs, creating idiot-proof systems,…
What went wrong
Repeating the same mistakes, fear of losing, lack of a strong support system, and poor employee management.
What they’d tell you
Focus on organic growth rather than relying solely on investor money, which can lead to collapse if funds run out.
What worked
Decision-making, risk-taking, learning from mistakes, strong support system (wife, brother), focus on organic growth and customer needs, creating idiot-proof systems, and effective employee management.
What went wrong
Repeating the same mistakes, fear of losing, lack of a strong support system, and poor employee management.
Investing 1500 crores in a single startup, which later saw its valuation drop significantly.
Lesson
Make decisions without excessive discussion, embrace difficult choices, learn from mistakes without repeating them, build a strong and trustworthy team, and create robust, idiot-proof systems for scalability.
Their advice
Do not put all your eggs in one basket; diversify your investments to mitigate risk.
Focus on organic growth rather than relying solely on investor money, which can lead to collapse if funds run out.