Tag Archive | "Wadhwani Foundation"

Ok, People. Place Your Bets

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[media-credit name="Snigdha Sengupta" align="alignnone" width="150"][/media-credit]Few in the Indian startup eco-system understand young entrepreneurs and their travails as well as Laura Parkin, currently executive director of the Wadhwani Foundation. She is also a co-founder of NEN (National Entrepreneur Network), which is promoted by the foundation. Her earlier career has seen her play diverse roles, ranging from serial entrepreneur to venture capitalist to merchant banker. Parkin blogs at Venture Out, which offers a delightful blend of entertaining writing and serious intent. Here’s her latest post.

Ok People. Place Your Bets

By Laura Parkin

“I’d take all the youngsters to the horse track and make them bet!” exclaimed the well-known entertainment entrepreneur. This was his proposal for acclimating people to entrepreneurship. I was speechless; probably a good thing.

But we hear variations of this theme all the time: entrepreneurs are gamblers. Entrepreneurs are risk-takers. I hear that that one key thing holding people back from becoming entrepreneurs is their unwillingness to take a risk.

I challenge that premise. Read the full story

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