Deal Breaker One - Rushing any business transaction

Empathizing at the right moment can help you deal with Indian entrepreneurs. There have been instances where a foreign entrepreneur loses his billion dollar project by being a little too funny, sarcastic and humorous. Relationships in India are merely based on trust and if the trust factor is well dealt, and then you can simply walk away with those signed papers with 10 or 15 digits currency values on it. 

Since Indians love to be respected a lot and building relationship is what is looked upon the most, a foreign entrepreneur shouldn’t knock upon an Indian venture capitalist with his idea just in the first meeting. This question is generally asked by any Indian as a matter of gratitude – ‘When will you be coming back again?’ and you lose your business and respect if you answer it the American English way – ‘ Let’s make a deal and I’ll be back as soon as you want me to be here.’