Entrepreneurship 101: Sanjiv Goenka advises against vanity; Biocon boss bats for perseverance in the face of failure

Three business leaders at the top of their game give their tips for success

Agencies
Sanjiv Goenka, Kiran Mazumdar-Shaw share their tips for success.
They are at the top of their game and are credited with creating businesses of great value. Arvind Ltd’s Sanjay Lalbhai, Biocon’s Kiran Mazumdar Shaw and businessman Sanjiv Goenka, who spearheads the eponymous Kolkata-based group, shared some words of wisdom for aspiring entrepreneurs.

Here is what they had to say:

Sanjay Lalbhai
CMD, Arvind Ltd

Sanjay Lalbhai says its important to pursue what one is passionate about in life.
Sanjay Lalbhai says its important to pursue what one is passionate about in life.

“You need to pursue what you’re passionate about in life. The most rewarding thing you can do for yourself is to do something by which you can make an impact on somebody else’s life or address an issue facing your country or the world, while at the same time rewarding the shareholders of your business.”


Sanjiv Goenka
Chairman, RP-Sanjiv Goenka Group

“To believe in oneself; to pursue one’s dream passionately; to stay transparent. Don’t pay heed to the vanity or the ego of being an owner. Think of yourself as a manager. The moment you do that, you’ll be alright...Work hard to earn yourself both position and respect.”

Kiran Mazumdar-Shaw
MD, Biocon

“I think that there are many more opportunities for women today than there were when I started out. While the avenues are many, I believe the one thing that has not changed from the time that I started is the recipe for success. If you want to succeed, you should pursue your dreams with a deep sense of purpose. Courage of conviction and perseverance when faced with disappointment and failure are essential through any journey of endurance.”
ADVERTISEMENT

Aditya Ghosh, Dipali Goenka & Rahil Ansari: What Would Top Bosses Do With Extra Time
1/8

These leading names are constantly racing against the clock. But what if they could add some extra minutes to their day? Here’s how they would like to best spend it.

These leading names are constantly racing against the clock. But what if they could add some extra minutes to their day? Here’s how they would like to best spend it.
“I am mad about Bollywood movies. My kids are named Vir and Jay after Sholay. Before I had kids, I would be there [at the theatre] first day, first show. I would watch all movies in the theatre. The atmosphere and the films take you into another world. And when watching a Bollywood movie, the cornier the better. Unfortunately, I don’t go to the theatre as much as I would like to. My kids are 13 and eight so I get to see all the superhero movies and the most horrendous Harry Potter.”
“I am mad about Bollywood movies. My kids are named Vir and Jay after Sholay. Before I had kids, I would be there [at the theatre] first day, first show. I would watch all movies in the theatre. The..
Read More
“I think once you have bigger responsibilities, you need to prioritise. [For me] I haven’t really done nothing for a long time now. [If I could make more time] I would like to spend more time with my children, loved ones and friends. Then I would gradually start striking off [items on] my bucket list.”
“I think once you have bigger responsibilities, you need to prioritise. [For me] I haven’t really done nothing for a long time now. [If I could make more time] I would like to spend more time with m..
Read More
“I wish I had more time to stay fit. I would start running again.”
“I wish I had more time to stay fit. I would start running again.”
“I am a passionate football fan and a big supporter of FC Bayern Munich. I used to follow all their matches and have even travelled across Europe to see them play in big cities like Barcelona, Madrid, Lisbon, etc. But work has kept me very busy and I have been missing out on a few games. So, I have to catch up on that, even if it’s a screening. Apart from that, I would love to play more ball sports, especially tennis. It’s a great feeling to be out on the court and to be more active. I’d also like to have that one Roger Federer moment when hitting a fantastic backhand.”
“I am a passionate football fan and a big supporter of FC Bayern Munich. I used to follow all their matches and have even travelled across Europe to see them play in big cities like Barcelona, Madri..
Read More
“I really need to start my dancing again. I am a kathak dancer and if I had the time to do that, it would be awesome.”
“I really need to start my dancing again. I am a kathak dancer and if I had the time to do that, it would be awesome.”
“I love to cook Indian dishes. But because of my busy schedule travel and long working hours — I miss out on it. Most of the time, my wife cooks. Only when she travels, do I get a chance to prepare a meal, but that happens rarely. So, I would love to spend more time cooking. Given a chance, I would also like to devote some time to singing. It’s my favourite stress-buster and I would love to enhance my skills and become a professional.”
“I love to cook Indian dishes. But because of my busy schedule travel and long working hours — I miss out on it. Most of the time, my wife cooks. Only when she travels, do I get a chance to prepare ..
Read More
“I wish I had more time to watch Bollywood movies. I used to watch them when I was younger. I have two daughters, and Shah Rukh Khan is the favourite of one daughter and Salman Khan of the other. I am stuck in the middle.”
“I wish I had more time to watch Bollywood movies. I used to watch them when I was younger. I have two daughters, and Shah Rukh Khan is the favourite of one daughter and Salman Khan of the other. I ..
Read More

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › Magazines › Panache › Entrepreneurship 101: Sanjiv Goenka advises against vanity; Biocon boss bats for perseverance in the face of failure
Text Size:AAA
Success
This article has been saved

*

+