1 week ago

Sridhar Vembu Urges Entrepreneurs to Sell Amid AI Job Concerns

Sridhar Vembu Urges Entrepreneurs to Sell Amid AI Job Concerns
'Make sales calls, face rejection': Sridhar Vembu's most obvious advice for engineers turning to business · firstpost.com

Sridhar Vembu says that building a good product is not enough to create a successful business.

Entrepreneurs also need to persuade customers to buy it.

He advises new founders to make many sales calls and learn from rejection.

Talking to customers can help them explain their ideas more clearly.

It can also teach them what customers really want.

Vembu is also worried that companies are spending more money on AI computers and servers instead of hiring people.

He says India needs many new jobs because millions of young people enter its workforce each year.

He is not sure that making software faster will create enough new demand to support those jobs.

Key facts

Adviser
Sridhar Vembu, Zoho founder
Main advice
Entrepreneurs should make sales calls, handle rejection and keep trying.
Reason for sales focus
Customer conversations can improve communication and reveal how people respond to a product.
AI investment trend
Vembu said businesses are directing money toward AI infrastructure and computing capacity.
Zoho staffing
Vembu said Zoho has not carried out layoffs but has added relatively few employees in recent years.
India workforce
Millions of young people enter India’s workforce each year.
Software market concern
Vembu questioned whether producing software faster will create enough new demand in an already crowded global market.

Quotes

Sridhar Vembu

Zoho founder and entrepreneur

“There is no such thing as a business without selling something”
firstpost.com

Sources

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