‘There is an urgent need to formulate enabling policies to boost investments in startups’–20 quotes on entrepr

Launched in 2014, StoryBites is a weekly feature from YourStory that highlights notable quotes from our articles from the past week (see previous edition Here). Share these 20 gems and insights from the week of January 16-22 with your colleagues and networks, and return to the main articles for more.

Also see our selection Top quotes of 2022 On entrepreneurship, motivation, investment, women changemakers, social entrepreneurs, environmental change, pandemic resilience, digital transformation, India opportunities, design, art, lessons from failure and storytelling.

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If you want to enter the entrepreneurial journey, definitely work in a startup first, know how it works. Connect with the community, talk to the ecosystem, don’t feel alone. – Ganesh Balakrishnan, Straight Head

Entrepreneurs will choose their own growth paths regardless of the definitions people try to put together. And we need them today more than ever. – Deblina Majumdar, Kahaniyeh

Connecting to the right network through mentors, taking advantage of government schemes and market access is where focus is needed. [for women entrepreneurs]. – Trade Shah, I Crete

Many women entrepreneurs are unaware of government schemes, and those who are aware do not understand the specific features of these schemes. – Deepti Ravela, WE Hub

Augmenting gender-sensitive data systems is a necessary intervention. In this context, it is important to go beyond the gender binary. – Sruthi Kutty and Sona Mitra, IWWAGE

Women’s representation in both entrepreneurship and senior leadership roles is still not considered. – Vani Kala is the capital of Kalahari

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If we look back five years ago, few people knew about electric vehicles. Now, almost everyone is thinking that their next car purchase will be electric. – Swapna Gupta, the capital of Avana

Restaurant owners are more eager to know the negative reviews because that way they can leave no stone unturned in providing the best to their customers. – Neha Khandelwal, UpSale

Depending on the country’s context, different paths can be taken to transform our agri-food systems to improve food and nutrition security and ensure sustainability. – Maximo Torero Cullen, FAO

A game developer’s IP (intellectual property), driven by a story, should not be categorized by skill or luck alone. – VK Samhith, BornMonkie

When you want to grow a profitable business, a good part of it will be D2C, and one of the easiest ways to do that is to have a variety of products. – Rebekah Sood, Atmosphere Kombucha

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Taxing the rich is a strategic precondition for reducing inequality and restoring democracy. We must do this to innovate. For stronger public services and for happier and healthier communities. – Gabriela Butcher, Oxfam International

Ensure that workers in the formal and informal sectors receive a minimum basic wage. The minimum wage should be equal to the living wage necessary to lead a dignified life. – Oxfam

A clear and supportive framework for participating blue and gray collar workers is essential to help formalize this informal workforce, as they play a vital role in the success of our economy. – Ajay Kumar Singh, Billions of Jobs

It would be great if gig economy workers were compensated for their work under minimum wage laws. – Tamana Gupta, Umanshi Marketing

Companies are needed because they have a global supply chain, expertise and a strategic mindset of where the future is going. For startups… let’s focus on building scalable solutions. – Jitendra Vijayvargiya, MeitY Startup Hub

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As capital becomes more expensive, companies must prioritize their bets and invest only in projects with the greatest impact. – ShareChat

this [economic] The fall is only for a transitory period. It forces startups to be more serious about their overall operations and set new thresholds. – Aditya Narayan Mishra, CIEL HR Services

The much-talked-about investment winter has actually normalized founder valuation expectations. This gives us access to good businesses that are run by very good founders and are available at reasonable valuations. – Ajay Modi, Piper Serika

Taxes on ESOPs are a big deterrent if founders have to continue to attract strong talent. – Mayank Kumar, Upgrade

Similar to an ESOP for startup employees, founders can also receive incentive payments after reaching performance milestones based on the startup’s business plan. – Aurelia Menezes and Abhilasha SG, King Stubb and Kasiva

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The Japanese government is trying to accelerate the innovation ecosystem, so funding around innovation has increased dramatically. – Yuma Saito, Deloitte Tohmatsu Venture Support

It is important for the government to know how it can encourage more people to become entrepreneurs, which leads to wealth distribution. – TV Engineers in the capital of Aryan

Since geopolitical developments and the possibility of a global recession have made investors cautious, there is an urgent need to develop strong policies to boost investment in startups so that the sector can continue its growth momentum. – Archana Khosla Burman, Vertices Partners

YourStory has also published a pocket book Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups As a creative and motivational guide for innovators (downloadable as an app here: Apple, Android).