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Harsimran Julka · · 6 min read

Here is what India told Rahul Yadav when he wanted to quit entrepreneurship

Rahul Yadav, CEO, Housing.com (1)

Intelligent Interfaces was a startup that former Housing CEO Rahul Yadav had envisioned after getting fired from his own company.

Just five months into his journey, however, the new startup is not working out.

“Thinking of giving up on entrepreneurship and do a simple job. Will take decision by this weekend. What’s your advice?” Rahul posted on his Facebook page, last week.

Like Rahul, most entrepreneurs face this dreaded curve on their journeys when their business struggles, runs out of money, or fails to take off even after a long struggle.

Standing on the brink, Rahul has asked for advice. Here are some of the replies (edited for clarity) he received.

The tips might be helpful for other entrepreneurs who are standing on a similar curve of failure of their respective startup journey.

How to bounce back from failure of your startup:

“Taking decisions for yourself is a better approach since a failure on the advice of others is more painful and a success on your own terms is more pleasing.” – Akhilesh Yadav.

“1. Don’t give up on the idea.
2. Try to partner with a real seasoned security guy
3. This [failure] is usual phenomenon as part of bootstrapping.
4. Have few bootstrappers as your buddies
5. Ask them how many times they died.
6. Don’t expect enterprise sale will work easy like the B2C way.
I have vented our death stories few times which has not garnered nothing beyond sympathy.” – Shanmugavel Sankaran.

“Don’t give up. Move to Silicon Valley! Start a company there. You’ll do good! There won’t be any judgement based on your education or your background. They will appreciate your problem solving skills!” – Aniruddh Banerjee.

“Hard and free souls like you can’t give up and go to cage for work.” – Sahiba Sethi.

Photo credit: Flickr

Photo credit: Flickr

“Makes sense. Take a break. Do a job, you will get a different perspective of life, people. Helps you to grow. May be, you can start an exciting startup learning from your job.” – Devdatta Puntambekar.

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Community Writer

Harsimran Julka

Contributing writer at Tech in Asia. Exposing India's entrepreneurs to the world and the Indian way of doing business. Got an idea? harsimran.julka@gmail.com. Learning every day !