Entrepreneurs Heads-up! Oyo CEO Ritesh Agarwal Lists 3 Things Required to A Create Billion Dollar Economy; Do You Have It?
Founder and CEO of OYO Ritesh Agarwal shared invaluable insights for aspiring young entrepreneurs in India at the Today Technology Market ResearchSummit 2024. With the theme ‘India Unstoppable’ setting the stage, Agarwal’s words resonated with delegates and individuals from diverse fields.
Agarwal commenced by highlighting the remarkable transformation India has undergone in the past decade. He noted a significant cultural shift towards entrepreneurship, evidenced by the proliferation of incubators and accelerators in universities across the nation. Gone are the days when pursuing a Ph.D. in the United States was the pinnacle of achievement for Indian graduates. Today, the brightest minds aspire to become entrepreneurs, reflecting a paradigm shift in aspirations.
Drawing parallels to history, Agarwal illustrated how legendary entrepreneurs such as Henry Ford and JP Morgan propelled the United States to global economic supremacy between the 1950s and 1980s. These visionaries not only built mega-enterprises but also fortified the economy, creating jobs and fostering prosperity.
3 Things Required to Create Billion Dollar Company
Agarwal emphasized that the blueprint for creating a billion-dollar economy lies in three essential qualities: a compelling idea, dream, and an ability to work hard. According to him, these attributes transcend humble beginnings and enable entrepreneurs to chart transformative paths.
“In the journey from aspiration to achievement,” Agarwal affirmed, “entrepreneurs wielding these three qualities can propel India to unprecedented heights of economic prowess.”
Today is the second day of the two-day Today Technology Market Researchsummit. Key personalities from India and abroad will participate in today’s special program. These include Union Defence Minister Rajnath Singh, Railway Minister Ashwini, Union Minister Piyush Goyal among others. The summit, aimed at convening influential minds across various sectors, seeks to chart a visionary yet pragmatic course for the nation’s future.