There are more entrepreneurs in the country today than ever before. They owe the surge in their numbers predominantly to an influx of venture capitalists (VC) who are ever ready to dole out money in return for more. So there are not just a whole army of first generation entrepreneurs, but also a new breed of serial entrepreneurs. This latter lot is a great deal more ambitious and likes to build, sell and build again. A search on LinkedIn for ‘People with serial entrepreneur skills’ at the time of writing this piece threw 20,537 results.
So what has given rise to this new breed of entrepreneurs? A key reason is that companies strike success faster these days than they did in the past. Earlier, businesses took generations to flourish. Nowadays, companies can be built, scaled and sold in a matter of a few years. Besides, myriad exit options such as IPO, trade sale and merger and acquisition, among others, have made it easier for people to start a second or third company. BW Businessworld talked to a clutch of such entrepreneurs and discovered they had a great deal in common in terms of approach to business and life in general.
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