Sanchit's Blog

This blog tries to explain my thoughts on why should one jump into entrepreneurship. When I jumped out of my former company to start my own venture, I was more of a wannabe who wanted to 'experience' being an entrepreneur. I was talking to Mr. Sanjukt Saha, founder of  http://www.onebillionminds.com/ , and he asked me why I wanted to be an entrepreneur. ( Details about our discussion ) I replied that my company Yahoo! makes 10x from me and only pays x to me. So why shouldn't I open my open company and keep that 10x. Funny, huh? Well it is, because companies do not make money just by its employees but also by its brand, idea and the fact that employees work as a team in an efficient way. But this was the stage when I just started. But then again, that time I knew I wanted to be an entrepreneur but wasn't sure about the precise reasons. Here are a few which fascinated me at that time: Quality of Life  - If I make a hit, I am rich. That ensures a quality life for me

Some sample questions a mentor / adviser / VC can ask: If I give you 1 crore how will you invest that in a day Best ans: 30 lakh for myself and my family future and comforts, rest 70 lakh for business. May be I will hire 4-5 best brains to work for me, etc etc. Or how u plan to grow your current business Mentor wants to judge how much are you concerned for your personal comfort, do u have a vision to invest money in your business Most exciting thing you did in college or life It can be academics but also something non academic. How passionate you are to achieve what you want. Something you really wanted to do and you went out of way, went crazy to do it Winning some trophy, Getting gf, some adv trek How ur friends describe you? Friends can judge you best. Some answers can be: visionary, reliable, strong temperament, enthusiastic, etc Family background Mentor wants to figure out if you have future personal commitment. Most of entrepreneurs drop because of family rea

This blog is about my self realization on what it means to be a 'big guy'. To explain my thoughts let me start wandering into my past. In my last few months of Yahoo! I always used to wonder why the heck was Yahoo's CEO paid approx. 2200 times as me ( explained here ). I was smart enough to make all the decisions she takes. After all it is all about charting out pros and cons of each decision and then decide on the basis of which side weighs more. And then CEO has so many people under him / her to provide these figures, so ultimately her job is a piece of cake. I always failed to understand the challenges she was facing and could never match her salary with her worth in the company. I also used to wonder that my work has become monotonic and there is no excitement in what I do. Basically, I always wanted more challenges in work and I was deprived of the same. I thought that I could do much more than what I was doing (mind it, I mean in terms of quality of task and not i