‘I am embarrassed...': Ankur Warikoo recalls career mistake that cost him 9 months of his work and added zero value
Entrepreneur Ankur Warikoo shares a past regret. In 2014, he accepted advisory roles in 14 startups. This decision, inspired by a wealthy businessman, proved to be a costly distraction. Warikoo realized he added no value to these companies. The ex...

Ankur Warikoo's confession
Ankur Warikoo took to X to reflect on a period of his life that he says he is not proud of. “I am embarrassed at this version of mine,” he wrote, before recounting an encounter from 2014 that significantly influenced his decisions that year. According to Warikoo, he met an extremely wealthy Indian businessman based in the United Kingdom. During their conversation, the businessman shared what he believed was the fastest route to building wealth.Warikoo recalled the man saying he had “figured the quickest way to make money” by taking advisory positions in startups in exchange for 5% equity stakes. The idea immediately appealed to him. At the time, it sounded like an attractive opportunity to be associated with multiple startups while potentially benefiting from their future success. Inspired by the conversation, Warikoo decided to pursue the same path.
Saying yes to 14 startups
Following that meeting, Warikoo accepted advisory roles at an astonishing pace. “I said yes to 14 advisory roles that year,” he shared. Looking back, he admitted that his motivations were driven by a combination of ambition and perception. “I thought saying yes made me valuable,” he wrote. From the outside, the decision may have appeared strategic. However, the reality turned out very differently.He estimated that the experience cost him nine months of focused effort. “...and lost 9 months of my own work,” he added.
A lesson
The experience left a lasting impression on Warikoo. Rather than continuing to pursue advisory positions, he chose to move in the opposite direction. “Have never taken any advisory role in any startup since that year,” he revealed. Warikoo concluded his reflection with a line that resonated widely with entrepreneurs and professionals alike. “The most expensive word in my vocabulary has always been yes.”The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.