I was privileged to attend an interview of Narayana Murthy, the co-founder of Infosys Technologies. The interview session was part of a "Leaders and Learners" session organized by TIE at Welingkar's Institute in Mumbai. Murthy was interviewed by Anuradha Sengupta of CNBC TV18, and a select panel of entrepreneurs. Then the forum was thrown open to questions asked by the audience. Here were some of the key takeaways from this brilliant and humor-filled session:
Q. What does it take to start your own venture?
NM: You need 4 things before you can think of starting your own venture:
1. Idea. The key idea or concept of the service or product you want to sell in the market
2. Market value of the idea. You must have a basic level of confidence in the fact that the market values your product and is willing to pay for it.
3. Team. You must have a team of complementary skillsets - so identify your own strengths, and find people who have different, but complementary strengths.
4. High aspirations. You must be someone who sets his/her sights high, and is willing to work very hard to achieve those aspirations.
Q. What must a startup do for branding?
NM: Do unusual things. Infosys has always attracted the press and positive publicity by doing unusual things, which interest people.
Q. Who were your idols or people you looked up to?
NM: When we started our business, there were already well-established business leaders who had founded and expanded their companies while sticking to sound ethical principles - JRD Tata, even Mr. Birla, TVS, Mr. Kirloskar. Of course, by that time Bill Gates had also become well-known. Intel was one of the foremost examples of success for most security companies to follow.
Q. What is a non-negotiable component when starting your own business?
NM: A sound value system. You have to lead by example, you must walk the talk, eat your own dogfood. Only when will your team trust you implicitly, and only then will they deliver and help achieve the common goals.
Q. What are the characteristics of a successful entrepreneur?
- Ability to work with other people and work in a team
- Passion and will to persevere
- High degree of optimism
- High aspirations for oneself and for the company
- Ability to put long-term interest ahead of short-term benefit
Q. How do you judge the value of your idea?
NM: You should be able to express your idea and its value to the market in a simple sentence. Not a compound sentence, nor a complex sentence.
Q. How do you attract and retain talent?
The leadership must articulate a grand vision - an exciting future. This will create a challenging work culture and attract future leaders to the company. The vision must be a story that is compelling, believable, and intrigues and excites the minds of the team members.
Q. What do you think about work-life balance?
I remember K V Kamath's answer to this question: first let's make a life, then think about work-life balance. I don't understand the concept of a work-life balance.
Q. How do you define success, and at what stage did you consider yourself successful, and why?
NM: I have thought a lot on this subject, and my definition of a successful person is one who when he/she walks into a room, people's eyes light up. If he/she brings a smile to people's faces, then irrespective of whether that person is educated, not educated, self-employed, employed, I would still consider that person to be successful. And going by that definition, I am still not sure whether I would consider myself as being successful.
Interestingly, Murthy's favorite books are Richard Feynmann's "Lectures on Physics", and "History of Mathematics" vols 1,2,3.
20 comments:
I concur with Murthy....come to think of it cannot think of a better definition :)
Perfect post. That was exactly what I was looking for.
Thank you for the info. It sounds pretty user friendly. I guess I’ll pick one up for fun. thank u.
Start Company in India
These are truly beneficial tips on entrepreneurship. Well, if anyone here is looking to start a new business then you might need professional business plan consultant for creating B plan for your dream company. You can contact planthybusiness.com for this.
My Brothers and Sister all over the world, I am Mrs Boo Wheat from Canada ; i was in need of loan some month ago. i needed a loan to open my restaurant and bar, when one of my long time business partner introduce me to this good and trustful loan lender DR PURVA PIUS that help me out with a loan, and is interest rate is very low , thank God today. I am now a successful business woman, and I became useful. In the life of others, I now hold a restaurant and bar. And about 30 workers, thank GOD for my life I am leaving well today a happy father with three kids, thanks to you DR PURVA PIUS Now I can take care of my lovely family, i can now pay my bill. I am now the bread winner of my family. If you are look for a trustful and reliable loan leader. You can Email him via,mail (urgentloan22@gmail.com) Please tell him Mrs Boo Wheat from Canada introduce you to him. THANKS
Dear Sir/Madam,
Please visit www.vakilpro.com to get information on how to to send a legal notice, Property Related Legal Opinion , Documentation Services, etc. all over India.
Team Vakilpro
Hey, very nice site. I came across this on Google, and I am stoked that I did. I will definitely be coming back here more often. Wish I could add to the conversation and bring a bit more to the table, but am just taking in as much info as I can at the moment.
Thanks for sharing.
http://worldfamousastrologerinindia.in/
Love Problem Solution
Love Problem Solution
Girlfriend Vashikaran Specialist
Get Love Back by Vashikaran
Love Prolem Solution in Delhi
Husband Wife Problem Solution
Vashikaran Specialist Astrologer
How to Get Lost Love Back
Love Marriage Problem Solution
Love Vashikaran Mantras For Ex-Love
Intercaste Love Marriage Problem
How to Stop Extra Marital Affairs
Love Marriage Specialist
Love Mrriage Problem Solution in India
Love Problem Solution in USA
Love Problem Solution in UK
Vashikaran Specialist
Love Vashikaran Specialist
Boyfriend Vashikaran Specialist
Get Extra Marital Affairs by Vashikaran
Love Vashikaran in Ahmedabad
Husband Wife Vashikaran
Vashikaran Specialist Astrologer in Gujarat
How to Get Love Back
Love Marriage Vashikaran
Love Vashikaran Mantra For Boyfriend
Love Vashikaran Mantra For Girlfriend
Vashikaran Expert Jyotish in India
Vashikaran Specialist in Vadodara
Vashikaran Specialist in USA
Vashikaran Specialist in UK
Vashikaran Specialist in Canada
Black Magic Specialist
Black Magic Solution
Black Magic For Girlfriend
Black Magic For Boyfriend
Black Magic For Enemy
Get Love Back by Black Magic
Black Magic Specialist Astrologer
Court Case Solution by Black Magic
Love Solution by Black Magic
Black Magic For Ex-Love
Black Magic Removal
Black Magic For Extra Marital Affairs
Black Magic For Business
Black Magic Solution in India
Love Problem Solution in USA
Love Problem Solution in CANADA
Other Astrology Service
Karmkand Astrology
Kundali Matching
Career Problem Solution
Career Problem Solution
Business Problem Solution
Job Problem Solution
Visa Problem Solution
Family Problem Solution
Children Problem Solution
Marrige Problem Solution
Best Astrologer In Ahmedabad
Best Astrologer In Delhi
Best Astrologer In Mumbai
Best Astrologer In USA
Best Astrologer In Canada
We Offer Loan At A Very Low Rate Of 3%. If Interested, Kindly Contact Us Today.via email:(urgentloan22@gmail.com)
I’m Charles David by name, i want to use this medium to alert all loan seekers to be very careful because there are scam everywhere, Few months ago I was financially strained, and due to my desperation I was scammed by several online lenders. I had almost lost hope until a friend of mine referred me to a very reliable lender called Dr Purva Pius ( A God fearing man) who lend me a loan of $237,000 under 72 working hours without any stress. I explain to the company by mail and all they told me was to cry no more because i will get my loan from this company and also i have made the right choice of contacting them i filled the loan application form and proceeded with all that was requested of me and to my shock I was given the loan, If you are in need of any kind of loan just contact him now via: {urgentloan22@gmail.com}
I‘m using this medium to alert all loan seekers because of the hell I passed through in the hands of those fraudulent lenders.
Thanks you Dr Purva Pius Loan service for your help.
Hey, very nice site. I came across this on Google, and I am stoked that I did. I will definitely be coming back here more often. Wish I could add to the conversation and bring a bit more to the table, but am just taking in as much info as I can at the moment.
Thanks for sharing.
http://astrologyindia.in/
Love Problem Solution
Love Problem Solution
Girlfriend Vashikaran Specialist
Get Love Back by Vashikaran
Love Prolem Solution in Delhi
Husband Wife Problem Solution
Vashikaran Specialist Astrologer
How to Get Lost Love Back
Love Marriage Problem Solution
Love Vashikaran Mantras For Ex-Love
Intercaste Love Marriage Problem
How to Stop Extra Marital Affairs
Love Marriage Specialist
Love Mrriage Problem Solution in India
Love Problem Solution in USA
Love Problem Solution in UK
Vashikaran Specialist
Love Vashikaran Specialist
Boyfriend Vashikaran Specialist
Get Extra Marital Affairs by Vashikaran
Love Vashikaran in Ahmedabad
Husband Wife Vashikaran
Vashikaran Specialist Astrologer in Gujarat
How to Get Love Back
Love Marriage Vashikaran
Love Vashikaran Mantra For Boyfriend
Love Vashikaran Mantra For Girlfriend
Vashikaran Expert Jyotish in India
Vashikaran Specialist in Vadodara
Vashikaran Specialist in USA
Vashikaran Specialist in UK
Vashikaran Specialist in Canada
Black Magic Specialist
Black Magic Solution
Black Magic For Girlfriend
Black Magic For Boyfriend
Black Magic For Enemy
Get Love Back by Black Magic
Black Magic Specialist Astrologer
Court Case Solution by Black Magic
Love Solution by Black Magic
Black Magic For Ex-Love
Black Magic Removal
Black Magic For Extra Marital Affairs
Black Magic For Business
Black Magic Solution in India
Love Problem Solution in USA
Love Problem Solution in CANADA
Other Astrology Service
Karmkand Astrology
Kundali Matching
Career Problem Solution
Career Problem Solution
Business Problem Solution
Job Problem Solution
Visa Problem Solution
Family Problem Solution
Children Problem Solution
Marrige Problem Solution
Best Astrologer In Ahmedabad
Best Astrologer In Delhi
Best Astrologer In Mumbai
Best Astrologer In USA
Best Astrologer In Canada
Yes it absolutely is, but I knew that creating another website was another
option so I wanted to explore whether or not that still makes sense for some
people. A responsive design, in my opinion, is definitely the way to go!
ارخص شركة نقل اثاث بمكة
شركة نقل عفش شمال الرياض
شركة نقل اثاث شرق الرياض
نقل عفش من الرياض الى المدينة المنورة
شركة نقل اثاث
Thanks you for sharing this unique useful information content with us. Really awesome work. keep on blogging
Java interview questions and answers
Core Java interview questions and answers
Java training in Chennai | Java training in Tambaram
Java training in Chennai | Java training in Velachery
I have picked cheery a lot of useful clothes outdated of this amazing blog. I’d love to return greater than and over again. Thanks!
python interview questions and answers
python tutorials
python course institute in electronic city
Resources like the one you mentioned here will be very useful to me ! I will post a link to this page on my blog. I am sure my visitors will find that very useful
Data Science training in rajaji nagar | Data Science Training in Bangalore
Data Science with Python training in chennai
Data Science training in electronic city
Data Science training in USA
Data science training in pune
I have picked cheery a lot of useful clothes outdated of this amazing blog. I’d love to return greater than and over again. Thanks!
angularjs-Training in pune
angularjs Training in bangalore
angularjs Training in bangalore
angularjs Training in chennai
automation anywhere online Training
angularjs interview questions and answers
Packers and Movers Bangalore as a Services providing company can make all the difference to your ###Home Relocation experience. Bangalore based Company which offers versatile solutions, Right team that easily reduce the stress associated with a ✔✔✔Household Shifting, ***Vehicle Transportation. we help things run smoothly and reduce breakages and offer you seamless, Affordable, Reliable Shifting Services, Compare Shifting Charges @ https://packers-and-movers-bangalore.in/
Informative blog thanks for sharing this wonderful blog.
AngularJS training in chennai | AngularJS training in anna nagar | AngularJS training in omr | AngularJS training in porur | AngularJS training in tambaram | AngularJS training in velachery
Good Post! , it was so good to read and useful to improve my knowledge as an updated one, keep blogging. After seeing your article I want to say that also a well-written article with some very good information which is very useful for the readers....thanks for sharing it and do share more posts like this.
SAP Online Training
VNC Connect Enterprise 6.7.1 Full Crack With Keygen. [Latest] \/\/FREE\\\\. Fujistu Coccokat Web Monitor with Crack Latest By Pengifer Box [Latest] Fujistu.Vnc Server Free License
Post a Comment