Be Ready To Close Business If It Doesn’t Work Out: FM Nirmala Sitharaman’s Entrepreneurship Lessons

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Published 2023-01-25
#financeminister #nirmalasitharaman #yuvashaktisamvad #pradhanmantriswanidhiyojana
Interacting with students in Kota, Rajasthan at a ‘Yuva Shakti Samvad’ programme on 8/ January, 2023, Finance Minister Nirmala Sitharaman advised on the critical aspect of failure in entrepreneurship. Responding to a question on key steps to becoming an entrepreneur, Sitharaman said “you need to be ready to close shop if your business doesn’t work out and start a new venture. Closing is not a curse; nobody is going to black mark you on it but be ready to accept closure.” Sitharaman was on a one-day visit to Kota to attend a credit outreach programme to distribute loans to beneficiaries under Pradhan Mantri Swanidhi Yojana and Mudra Yojana.
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All Comments (21)
  • 1: Ready to take risk 2 : familiarity with facilities by government 3: understand the competition 4: closing the business
  • @nethra70
    Sprb madam... Fst time i heared ur speech.. Am from karnataka
  • @mrn1695
    What a wonderful Ma'am ❤ We need more leaders like her 🙏
  • @SSCCGL360
    Proud to be bihari wherever u find Bihar there they r available whether studing, entrepreneurs, Civil services, mostly government jobs, scientists , sports, dancing, singing, talented, even aboard etc . Today eagerly i saw the attendance from Bihar then i socked woow what a amazing view it is! Anyway felt saguinely and distugunisgedly tq mam for helping these kinds of aspirants here to ask or spending your laish time involving in students toghter. A lot of blessings and affections from Bihar..🇮🇳🇮🇳
  • All self-employed citizens must have PPF as it's the social security in 🇮🇳
  • @avidreader100
    Most important would be to understand your customer. Who is your target customer? What need of this customer do you want to fill.
  • @sumamv3324
    Good morning Ma'am ❤ Inspirational talk..! Wonderful of you Thank you 🙏
  • @user-im7mc2xx9z
    One mam covered all the students from all over the India we all are proud.
  • Wonderful lady.....smart, wise, kind & has a deep sense of fun
  • My answer to this question good young budding entrepreneurs must have courage, hardwork, current affairs memory, multidisciplinary and its scientific glossary knowledge update level, financial control, optic eye watching of your business movement
  • Madam please have more interaction with students and broadcasted for sure
  • उत्तर प्रदेश को भूला नहीं जा सकता. ❤❤❤❤❤❤❤❤