New Delhi (India), 11th April 2023: Ritesh Agarwal, the founder and CEO of OYO Rooms, is an example of an entrepreneur who has advanced through the ranks and created a brand to be proud of. Agarwal expressed his opinion about how many new entrepreneurs lose up too soon and give up in a Twitter video.
Young entrepreneurs should not give up early in their adventures and should instead be tenacious and perseverant, the caption of the video read.
A novice investor’s path to success could be derailed by the myriad dangers associated with Indian entrepreneurship, which can be a hard industry.
Ritesh says in the video, “Most valuable traits for any young entrepreneur. I feel way too many young entrepreneurs give up too early saying that the big incumbent will hurt me. I feel that if you are at it, we overestimate the perseverance of incumbents. The ability for a new company to be able to make a dent is much higher if they are perseverant.”
Agarwal wed Geetansha Sood in New Delhi last month. Several well-known individuals attended the wedding celebration, including Masayoshi Son, founder of the SoftBank Group, and Vijay Shekhar Sharma, CEO of Paytm.
Agarwal’s father passed away a few days after they were wed, allegedly via a fall from a building’s 20th storey in Gurgaon.
