5 days ago

Sridhar Vembu says lasting startup success takes longer than expected

Sridhar Vembu says lasting startup success takes longer than expected
Sridhar Vembu tells young entrepreneurs: Success takes longer than expected · thehansindia.com

Sridhar Vembu says building a successful company can take many years.

He gave vTitan Medical Instruments as an example.

The company worked for 15 years before reaching ₹1 crore in monthly revenue.

It hopes to earn ₹10 crore during this year.

The company is also developing 10 new products and software for medical technology.

Vembu says fast success stories are unusual, not normal.

He believes founders need time to gain skills and turn those skills into a business.

He also says technical experts should talk with customers and learn how selling works.

Key facts

Company
vTitan Medical Instruments
Time to milestone
15 years
Monthly revenue milestone
₹1 crore, reached for the first time
Annual revenue goal
₹10 crore this year
Products in development
10
Vembu's founder advice
Attend sales meetings, face rejection if necessary, and persist

Quotes

Sridhar Vembu

Founder of Zoho and commentator on entrepreneurship

“There are times when success comes quickly. But that is the exception, not the rule. Venture capitalists tend to look for those exceptions. You can't assume you'll be the exception when you're starting out”
thehansindia.com
“It takes many years to acquire the capability and many more to turn that capability into a business”
thehansindia.com

Sources

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