Jyoti Bansal’s Post

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Jyoti Bansal Jyoti Bansal is an Influencer

Entrepreneur | Dreamer | Builder. Founder at Harness, Traceable, AppDynamics & Unusual Ventures

I've had the opportunity to participate in a number of panels and keynotes this year and there are a couple of things I always share when I'm speaking to new/aspiring entrepreneurs. Here are 3 lessons I've learned from a decade of building companies: 1) Starting a company requires a deep sense of purpose. I often ask new entrepreneurs: "Are you willing to commit 10 years of your life to this idea?" If the answer is anything less than yes, then maybe it's not the right idea. 2) Don't overcomplicate it — success is one milestone at a time. Entrepreneurship can feel overwhelming, but it doesn’t have to be. Take things one milestone at a time. For AppDynamics, our goal wasn’t to build a billion-dollar company overnight—it was about reaching one goal after another: launching the product, signing early customers, expanding the team, etc. By focusing on one milestone at a time, you can create a sense of progress and build momentum. Small steps, consistently taken, lead to big achievements. 3) Grit and perseverance are essential. When I started my first company, I didn't completely understand the power of grit. But after over a decade spent building companies, I now know it's the factor that makes all the difference. Setbacks are inevitable. Founders face their share of obstacles — competition, product challenges, and moments when success feels out of reach. But what kept us moving was a refusal to give up. In my experience, this willingness to keep going is more powerful than any strategy or resource. Every entrepreneur's journey is unique, but I've found that these principles have helped me stay the course.

Krishna K

Principal Talent Advisor | Executive Search | Engineering Hiring | Mental Models Trainer | Previously worked for Google, Postman, Yahoo!, and WalmartLabs as an Engineering Recruiter.

2w

Jyoti Bansal..A question- Changing the companies mission and purpose post funding is something I have observed in market...sticking to 10 years? Good if it works..with inputs and advice of the VC partners and by pressure to produce profitability and to meet market demands many a times I have seen how startups change their mission statements and purpose..what happens if they are not flexible to change their mission asper market changes? Iam not an expert in this area..it is just a question out of curiosity. For example many EdTech companies worked very well during Covid but now very few are profitable..in this situation asper market demands can they change their purpose and mission by introducing new line of products and strategy ? Or purpose is something that doesn't change with product changes or market demands..

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Vik Chaudhary

VP Product and Alliances at DevZero.io. Mantra: Reach out to help those climbing behind you.

2w

Now on my 5th startup (1 fail, 1 IPO, I M&A) def endorse the “one milestone” approach. You’re doing good, Jyoti in coaching entrepreneurs.

David Walsh

CEO @ Limelight | A B2B Creator Partnership Platform | 3x Founder | 10+ Years in B2B SaaS

1w

100% agree on grit Jyoti Bansal I've had my fair share of challenges (and there'll be more along the way) and it's grit that pushes me forward.

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Michael Halbert

Mindtree, Sr. Director Business Development HiTech Group

2w

Thank you for sharing these valuable insights! One additional piece of advice I'd offer to new entrepreneurs is to prioritize building a strong network. Surround yourself with mentors, peers, and advisors who can provide guidance, support, and constructive feedback. Also, embrace adaptability—being open to pivoting and iterating on your idea based on market feedback can be crucial for long-term success. Remember, the entrepreneurial journey is as much about learning and evolving as it is about achieving milestones. Keep pushing forward!

Harsh Mittal

Entrepreneur In Residence at ShifuVentures | Exhausting My Options

4d

❤️

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Amar Goel

Founder & CEO, Bito | Building AI agents for developers

2w

nothing tests grit like betting on your own long-term conviction

Marc Smookler

COO @ CLEARSTEM Skincare | Managing Partner @ Phoenix.co | Turning Ideas into Market Leaders with My 80/20 Rule

2w

The purpose piece is so critical. If you’re not in love with the idea, 10 years will feel like a lifetime

Jag T.

Tax free Income Strategies | Estate Planning| Life Insurance I Executive Bonus 162 I Qualified Plan Rollovers I College Funding & Planning Strategies

2w

Jyoti Bansal thanks got sharing this deeply resonate with your words of wisdom.

Sundar Sundararajan

Co-Founder & CEO at i-exceed

1w

Jyoti Bansal, very valid and these are essential to build a better organisation and stay on course all the way.

Venkateswar Gopisetti

Here to listen, learn, connect and reflect.

2w

💯 Deep purpose and taking one step at a time with ability and readiness to adapt, calls for grit and perseverance! Thank you for sharing your experiences Jyoti!

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