Anand Mahindra’s exhortation to young MBAs to become entrepreneurs (“The age of entrepreneurship awaits”, March 25) is timely. Risk-taking and creativity are two key attributes and both these are best found at a young age. With one-fourth of the population below 25, availability of sophisticate technology and growing infrastructure, there are plenty of opportunities available.
About learning from failure, I would like to recall what Michael Dell, the founder of Dell, advised: “Be crazy and don’t seek too much advice on what you propose to do. Entrepreneurs have to be a little crazy, at least in the eyes of others. Successful entrepreneurs will be those who venture to do what others will not. I would experiment, experiment, test, go fast, and fail fast”. But never give up.
YG Chouksey
Pune
I hope this thought-provoking article will reach many in India. It’s important to take risks, think out of the box and be tech savvy. Technology transforms the way the businesses are conducted and with the internet-user base expected to grow to 243 million by mid-2014 and double in the next few years, there is plenty of scope for entrepreneurs.
S Lakshminarayanan
Cuddalore, Tamil Nadu
Right move
Aadhaar is the most ridiculous project of the UPA government and the Supreme Court has rightly rejected this scheme for good. What was the need for one more ID proof when people already have voter IDs, ration cards, pan cards and passports? All that was needed was a single smart card with all the relevant details.
KA Solaman
Alappuzha
Food for thought
“Patrimonial capitalism” by Paul Krugman (March 25) provided food for thought about the functioning of political parties in India. Krugman's observation that “where birth matters more than effort or talent” is quite true as far as in India is concerned. We have a staggering number of “hereditary” MPs and MLAs cutting across party lines.
The woes of patrimonial capitalism can be mitigated to a great extent by entrusting the running of business ventures to professionals. Sadly, it can't be made applicable in the case of political parties.
CG Kuriakose
Kothamangalam, Kerala
This crazy world
I read with interest your front page report “Move over BRICs, here come the TIPs” (March 24). To this I want to add another group. It is MINT — Mexico, Indonesia, Nigeria and Turkey which are emerging as new rapidly growing economies. At the other end of the economic spectrum, we have PIGS — Portugal, Ireland, Greece and Spain which are the worst performing economies. It’s a crazy world!
Lakshman Sundar
Navi Mumbai
Media’s okay
Arvind Kejriwal has accused the media of taking money and being biased. Maybe one section of the media is like this, but on the whole it is the media that opens our eyes to the wrongs being done by government, companies and others. In general media gives unbiased news.
In fact, Kejriwal himself owes his present status in politics to the media. Earlier, newspapers were known by their editors. Now, owners have the final say It seems that the age of idealism is over. Yet, the importance of the media in a democratic set-up cannot be over-emphasised. Censorship or restrictions of any kind are not desirable. Instead, self-regulatory measures, especially with regard to television, is a must.
Mahesh Kapasi
New Delhi
The Khurshid drama
This refers to “FIR against Salman Khurshid” (March 25). The minister is always in the news for all the wrong reasons. Firing loose cannons and then claiming that he was quoted out of context seems to be his special trait.But this time, the seizure of a vehicle loaded with solar lights and other equipment apparently meant for distribution in his constituency, could lead to trouble for him. It will be interesting to see if he proves his innocence or finds a scapegoat.
HP Murali
Bangalore
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