Tips for a new entrepreneur

Tips for a new entrepreneur
While many people advise that a new entrepreneur should have partners and family to support in business etc…in real life an entrepreneurship is a single person game.  Here are the top 7 suggestions.
  1.  Never plan to have more than 1 or 2 friends in the start up phase
  2.  Have clearly thought out and mutually agreed salary structure / equity or profit sharing
  3. Make them invest – either sweat or cash is better
  4. Let them know very clearly Cash/Sweat equity is at “Risk” – may lose it all
  5. Husband and wife working together has to be managed extra carefully. Who is the Boss 🙂
  6. And do not bring in partners just because you are comfortable. It is better to have “smarter” people around you than “yes-men”.
  7. And I am also of the opinion that if you want to build a start up, don’t plan to do it out of your home / apt.  Atleast work from a Starbucks (in USA) or Coffeeday (in India). This gives you the discipline to get out of the home!!!
And..finally work hard and pray for success🙂
giri devanur 07

Mr. Giri Devanur is a Serial Tech entrepreneur, from India, who is currently based in the US. Born in a small town called Chikmagalur, Karnataka, India Giri went later went on to ring the Nasdaq Stock Market Closing Bell in New York City. Giri holds a Master of Science (MS), in Technology Management • from Columbia University in the City of New York, and Executive Education from Harvard Law School, and an Executive Education in Innovation at MIT in Computer Science. He was a mentor of – the Executive Master Program-Columbia University. He is an E&Y Entrepreneur of the year award winner and has successfully completed the Nasdaq IPO of AMRH ( He has helped raise multiple rounds of capital, executed M&A. Giri Devanur is currently the CEO & founder of ReAlpha Tech Corp.

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