Thursday, October 4, 2007

Anand Mahindra on why dreaming is not such a bad idea

Anand Mahindra started out young. Admittedly, he had the Mahindra & Mahindra empire handed on a platter, but as vice-chairman and managing director of the group, he has diversified from building just jeeps and tractors to information technology, trade and financial services, infrastructure development, education, philanthropy and even a super-successful football club.

He imagined, and he made it happen. He is, therefore, eminently qualified to speak on why dreaming is not such a bad idea, after all.

In an exclusive signed piece for Hindustan Times in the run-up to the Leadership Summit on Oct 12 and 13, he writes: "I imagine an environment, first and foremost, in which entrepreneurs dare to dream because they are encouraged to do so. Because the financial eco-system provides them the resources to invest in cutting-edge ideas; because consumers reward novel ideas and services; because intellectual property rights are fiercely defended; because the red-tape in starting up a business has become negligible; and because failure is seen as but a milestone on the journey to eventual success.

"If these entrepreneurs are to succeed, then we would need to imagine an India where commerce is carried out on a level playing field, where promising areas of business are not—on the ostensible grounds of regulation—made off-limits to new entrants. We have caught the attention of the world so far because of the astonishing rise of new business barons and we should continue to measure our success by that benchmark."

Read the entire piece here.

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