2 of 7 Unique Ways India Conditions the Minds of its Entrepreneurs to Excel


New Age Start-ups – Advantage India!

2. Indian entrepreneurs are better equipped to deal with extreme uncertainty

Eric Ries’ definition of a startup pre-supposes extreme uncertainty. It’s not new for the Indians. In fact it’s an everyday affair. When an Indian starts from home; his ETA at office is a stochastic variable given the chaotic traffic conditions he has to contend with. His estimate is always a range estimate – whether for reaching office (in 5 or 10 minutes) or for completing some task (in a week or two).  When you have a project with multiple dependencies – each having its own uncertainty; uncertainties cascade to extreme levels. It’s no wonder then that Indians have an elaborate religious ceremony to pray to God whenever an important project kicks off.  Its best to recognize and treat the uncontrollable as such.

 

Unique Way 3 >>

Advertisements

One thought on “2 of 7 Unique Ways India Conditions the Minds of its Entrepreneurs to Excel

  1. […] 2 of 7 Unique Ways India Conditions the Minds of its Entrepreneurs to Excel → […]

Post a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s