04 MAY, 2016: The students of the one-year fulltime Executive Post Graduate Programme in Management (EPGP) of IIM Bangalore witnessed a mix of passion and business sense when nearbuy CEO Ankur Warikoo delivered a talk as part of the EPGP Seminar Series, on May 4 (Wednesday) and discussed the growing internet start-up ecosystem in the country.
An internet entrepreneur and angel investor based in India, Warikoo is the Co-founder and CEO of nearbuy (formerly Groupon India). He was the venture partner behind Rocket Internet Gmbh, which supports internet start-ups in over 20 countries, co-founder at Accentium Web and management consultant at A.T Kearney. He holds an MS degree in Astro Physics.
Touching upon the academic and professional decisions he made over the years and referring to entrepreneurs like Mark Zuckerberg, Bill Gates and Elon Musk, Warikoo said: “There is no absolute standard of success. Successful individuals try to determine what success is every day.”
In his address, he spoke of the challenges and opportunities prevalent in the eCommerce sector and shared some advice with students: “Things may not go your way in life. A smart individual is one who knows when to pursue something and when to stop. Time is the biggest sunk cost of life. Do yourself a favour: check out when you need to.”
Urging students to take up entrepreneurial activities and become wealth creators, he said their one-year at IIM Bangalore would prove to be the most decisive year of their lives.
He pointed out that while growing up most children are told that participation is important; it is not necessary to win. “We have been trained to accept failure as a norm. Do not get comfortable with failure. Because we give up too soon we don’t strive hard enough to achieve success.”
04 MAY, 2016: The students of the one-year fulltime Executive Post Graduate Programme in Management (EPGP) of IIM Bangalore witnessed a mix of passion and business sense when nearbuy CEO Ankur Warikoo delivered a talk as part of the EPGP Seminar Series, on May 4 (Wednesday) and discussed the growing internet start-up ecosystem in the country.
An internet entrepreneur and angel investor based in India, Warikoo is the Co-founder and CEO of nearbuy (formerly Groupon India). He was the venture partner behind Rocket Internet Gmbh, which supports internet start-ups in over 20 countries, co-founder at Accentium Web and management consultant at A.T Kearney. He holds an MS degree in Astro Physics.
Touching upon the academic and professional decisions he made over the years and referring to entrepreneurs like Mark Zuckerberg, Bill Gates and Elon Musk, Warikoo said: “There is no absolute standard of success. Successful individuals try to determine what success is every day.”
In his address, he spoke of the challenges and opportunities prevalent in the eCommerce sector and shared some advice with students: “Things may not go your way in life. A smart individual is one who knows when to pursue something and when to stop. Time is the biggest sunk cost of life. Do yourself a favour: check out when you need to.”
Urging students to take up entrepreneurial activities and become wealth creators, he said their one-year at IIM Bangalore would prove to be the most decisive year of their lives.
He pointed out that while growing up most children are told that participation is important; it is not necessary to win. “We have been trained to accept failure as a norm. Do not get comfortable with failure. Because we give up too soon we don’t strive hard enough to achieve success.”