So, what does it take to be a successful venturepreneur? First and foremost, a word of caution from Bajaj: “Enter the industry recognising where you want to be. Don’t enter with rose-tinted glasses. If you are a failure as an investor, you lose all your credibility.
You should evaluate your readiness for this job—do you have the ability and the networking skills?” The latter resonates as the requisite trait both according to the existing players as well as recruiters as “a good network in the industry makes a big difference”. Sanjiv Kaul, Managing Director, ChrysCapital India, agrees: “Networking is extremely important here.”
Says E. Balaji, COO, Ma Foi Management Consultants: “We have seen top management leaders from large companies taking up the role of a partner as they have had the experience of leading large operations, closing large international deals, turning around businesses, handling teams, developing market strategies, organising funds, handling investor relations and balancing value creation from both shortand long-term perspectives—all at the same time.”
Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the private equity and venture capital ecosystem in India. View free samples of Venture Intelligence newsletters and reports.