Take risks and don't be afraid of failures

This one is probably one of the most important lessons that I got out of my MBA, i.e. not to be afraid of risks and failures.

In one seminar, Mr. Greg McNulty, CEO of Cranite Systems, shared his success stories and talked about how he has always followed his gut in selecting his next venture. He mentioned, “When in doubt go with your gut”.

Mr. Dennis Barsema of Benchmark Capital also talked about his weakness and fear of reading scripted presentations. He followed his wife’s advice, “the worst that can happen is failure, but you will never repent that you did not go through the door of opportunity”. Mr. Dennis also mentioned that success stems through the roots of failure and the most important thing that defines success is how you actually rise from the fall.

I took this lesson very personally. It gave me the courage to leave my 10 years of engineering experience behind and jump into sales!

Being an entrepreneur is not easy, as Joanna Rees from VSP Capital also mentioned. It needs energy, tenacity, resilience, reason, knowledge, expertise, and courage to take risk!!

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