
Have big vision in targets, not spending: Murthy to startups
Infosys co-founder N.R. Narayana Murthy said that entrepreneurs must live like saints, think like scholars and act like warriors.
Infosys co-founder N.R. Narayana Murthy said that entrepreneurs must live like saints, think like scholars and act like warriors.
Addressing the 40 under 40 award event in Bengaluru Murthy said, "Entrepreneurs of today are clearly much smarter than we were. There is no doubt about it."
Today talent is extremely difficult to get because of so many opportunities available, says the Infosys founder.
The panel discussion took place at the Fortune India 40 under 40 event in Bangalore on October 6.
Investors and entrepreneurs have been overestimating the market, says the Infosys founder at the Fortune India 40 Under 40 Awards.
Countries wary of excessive dollar outflows, especially those who run trade deficit with India, have started signing rupee trade settlement deals.
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
A lot of start-ups are coming from tier-2 and tier-3 cities, as opposed to being centred in metro cities, emphasised Jyotiraditya Scindia.
Long-term has now become one to two years and short-term is next two quarters, says Lifestyle Retail CEO Devarajan Iyer.
Budding entrepreneurs of today aren’t risk-averse and have no qualms about working with constrained resources or high levels of uncertainty. The pedigree of a legacy organisation does matter though.