Babay faced Entrepreneurs have now become choice of large and medium technology firms
Young entrepreneurs who have failed earlier have become favourites among large and medium technological companies
Chennai: The failed entrepreneur tag is no more a disgrace. In fact, these days it seems to be acting a passport for corporate innings of folks who burnt their fingers with their early start-up ventures. With fading entry barriers, more and more baby-faced boys and girls are jumping into the entrepreneur bandwagon soon after college and school. However, most of them fold up when they are unable to take their venture to the next level of sustainability.
But it is such people who are now becoming the natural choice for large and medium technology firms who seem to welcome them with open arms. “Entrepreneurs-turned employees add a significant value to the company,” vouched Sridharan Sivam, founder of S10 Health. These folks are more valued as they are better experienced, have complete orientation about all business aspects and lend a diverse perspective to businesses owing to their disruptive thinking.
With talent shortage across industries, people who have learnt their lessons on their own are certainly a valuable asset, said, R. Ramaraj, senior advisor of Sequoia Capital India.
“We are seeing this trend happening among small and large IT companies for sometime now,” averred K. Purushothaman, regional director of Nasscom. “These people come with been there-done that wisdom and most importantly have the knowledge of what not to do,” the Nasscom official added.
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