How does Sabeer Bhatia redefine the concept of entrepreneurship?
According to Sabeer Bhatia, entrepreneurship is not about creating traditional business plans with financial metrics like costs, profit margins, and hiring projections. He argues that modern entrepreneurship isn't about merely investing money in a business to get money out - that's just copying, not true entrepreneurship. Bhatia emphasizes that genuine entrepreneurship requires innovation and original thinking. He criticizes approaches that focus solely on financial calculations or copying existing business models, specifically mentioning that the business practices of the Ambanis constitute copying rather than entrepreneurship. True entrepreneurship, in his view, is fundamentally about being innovative and thinking differently.
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Sabeer Bhatia Defines Entrepreneurship Beyond Traditional Business Concepts
Singh in USA·5 months ago