The Indian startup scene is obsessed with ‘billion-dollar valuations’. Headlines scream about the latest "unicorn," promising overnight riches and fame. But are these valuations the only measure of success? Recent struggles of high-profile startups like Unacademy and Byju's suggest otherwise. Their relentless pursuit of #growth and #funding, while initially dazzling, ultimately led to financial instability and massive layoffs. It's tempting to chase investor dollars and external validation. But this often comes at the cost of building a sustainable #business model. Founders can get caught in a whirlwind of rapid scaling, neglecting the fundamentals that ensure long-term #profitability. To me, real entrepreneurial #success isn't about making headlines or becoming the next big unicorn. It's about building something that truly matters – a #product or #service that solves real problems and makes a difference. When you #bootstrap a business, there’s a certain grit and sense of #ownership that you don’t get when using someone else’s money. It’s about valuing every rupee, every bit of effort, and every sacrifice you make along the way. This approach creates a strong sense of #responsibility, making your business tougher and more capable of handling challenges. So, instead of chasing the fleeting glory of the unicorn dream, let's focus on building businesses that last. Businesses that create jobs, contribute to the economy, and make a difference in the lives of their customers. This is the kind of success that truly matters—the kind that benefits not just the entrepreneur but the entire ecosystem. #bootstrapping #entrepreneurship #andsolutions
There is a reason why US $ is crossing its highest level in the years and it doesn’t looks like going down ever in our lifetime. It won’t be a surprise if it is over Rs 100 in few months . The trillion dollar valuations for the US companies are backed with their actual Networth based on their initial investments and a simple example is SpaceX which got highest number of satellites in the space . There is no way now for any corporate or even a country to go in that direction. Visions backed with huge investments 🙌
India is “not ready” for such income generation and value creation, partly due to corruption here. There is one cause - low literacy rate. There is a direct correlation.
Agreed, Indian Startups and there pace of rising there valuation is not supported by business Fundamentals. Startups are doubling there valuation in 3 months by raising money at a higher round, all backed by selling dream of 2x-5x IPO exit. Previously it was Edtech now it is Quick commerce.
You are absolutely right. Isn't this how Mr. Trump won the elections. Or maybe this might be one of the factors he won the elections. He was showing up for people, interacting with people, listening to people rather than getting big people and celebrities to endorse. Being there, listening and customizing are the biggest in any field.
Nothing trumps positive cash flow and earnings. Period.
True success is about creating lasting impact and sustainable growth not just chasing unicorn status Dr. Sajiri Chidgupkar
Great point While unicorn valuations make headlines they don’t always reflect true long-term value or sustainability Dr. Sajiri Chidgupkar
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