New Entrepreneurs should Bet on a Single Horse

Parag Dhol

Director,
Inventus Capital Partners

My advice to the young entrepreneurs
The key is to focus should be to set up a good business. Funding, in my opinion, is only a fairly insubstantial part of it. Many entrepreneurs prioritize VCs over their prospective customers, this is a big mistake. Try to do as much as possible with your own resources; it is not easy to rise funding in India. Focus more on your business and evolve your value proposition, what you start up with might not be what your customer wants. Iterate as much as you can, get feedbacks from the market place, and then when you feel it is necessary, go for funding.

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