Passion, not money should be driver for entrepreneurs: Zomato CEO

Passion, not money: Entrepreneurs should be guided by passion and drive as y build company of ir dreams, Zomato CEO Deepinder Goyal said.

Speaking at StartUp Mahakumbh on March 18, Goyal warned startup founders that a company which only aims to make money will not work, and result in “b governance calls.” 

During a fireside chat with InfoEdge founder Sanjeev Bikhchandani, Goyal candidly talked about about how Zomato prefers to stay paranoid to always be ahe. 

He furr asserted that complacency should not set in at any given point in time.

“I see a lot of founders starting a lot of companies, and I ask m why did you start this company, and answer is ‘I want to make a lot of more money’…I don’t think that works because that les to b governance calls… that’s not purpose with which you should start a company,” Goyal said while dressing several attendees.

He recommended budding entrepreneurs to be so passionate about something, that y become willing to risk ir life for it. Only n can y build a company of ir dreams.

“That’s only piece of vice I have… do it with passion, don’t do it for money,” Goyal said.

During chat, Bikhchandani guided founders and startups to have a hands-on and frugal approach, and remain connected to consumers and market. 

Innovation should be ongoing for enterprises, Goyal underlined, since no business model can last longer than 10-20 years without same.

Anyone who is seeking opportunities for entrepreneurship and turning into a startup founder, but aims to do so for being comfortable and happy is not making right choice, Zomato CEO furr stated. 

“You have to learn to handle stress to succeed. only way to lose is to quit…if you can survive, you’ll win,” he vocated.

(With PTI Inputs)