Keeping aside political affiliation, Narendra Modi made some intelligent remarks in his speech at SRCC (unusual for an Indian politician!). The most striking to me was: 'Country needs 3 S's to succeed -- Skill, speed and scale'.
The statement holds true for start-ups. Founders should focus on getting the right skills, executing fast and growing fast to scale up.
Investors should also look at these factors:
1. Do the founders have the skills to succeed?
2. Do they have the speed to execute?
3. Can the business scale up?
The statement holds true for start-ups. Founders should focus on getting the right skills, executing fast and growing fast to scale up.
Investors should also look at these factors:
1. Do the founders have the skills to succeed?
2. Do they have the speed to execute?
3. Can the business scale up?
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