During a recent interaction with entrepreneurs for nepal group which i established and co-run, got some good tips from Karna Sakya of Kathmandu Guest house fame.
Here are a few.
- Experience is critical for an entrepreneur, more than the academic qualification as its it’s the experience that teaches you better on how to manage time, motivate people towards your vision, develop your human resources, get the loan approved, deal with unions etc etc. Nepali entrepreneurs have to learn more from the context of Nepal rather than from international books on entrepreneurship. He cites examples such as, Laxmi Sharma, who has been to a school for not more than three days but became the first woman “Tempo Driver” of Nepal and has then created an internationally sprawling business of handicraft, and is now known as “the button queen on Nepal” for her unique designs of buttons made from animal bones.
- “Saraswati ra pasina sittaima bechnu hundaina” (Knowledge and sweat should never be sold for free) and believes that there isn’t anything called free lunch. He adds, “Selfishness is not wrong, if it does not harm others”. Selfishness is a virtue until it hurts others.