‘We need to create an innovation-driven economy’ – 20 quotes from Indian startup journeys

From employment opportunity to economic gain, witness the memorable journey of Indian entrepreneurship in these excerpts and stories! StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here). Share these 20 gems and insights from the week of May 22-28 with your colleagues and networks, and check back to the original articles for more insights!

It’s a big help to have some ‘real life’ business experience before venturing into the startup world. - Anurag Jain, KredX

Mobile-based video content delivery is the future of business. - Baskar Subramanian, Amagi Media Labs

In terms of PPP, internet data is quite expensive in many markets like India and Indonesia. - Deepak Abbot, Smartapp

If you don’t re-invent yourself, you won’t see where the markets are moving. – Rahul Sharma, MicroMax

Working in a startup and running one means you have to leave your ego. - Akanksha Chauhan, Bauble Love

Get close to your customers, challenge assumptions, experiment leanly and quickly, and just get out there and do it! - Amantha Imber ‘The Innovation Formula’

The difference in male and female actors’ pay cheques is insane. - Kalki Koechlin

India, Australia, and Malaysia have recently seen regulatory action or governmental support for promoting board diversity. - Navnit Singh, Korn Ferry International

77% of Indian urban clusters exceed the National Ambient Air Quality Standard (NAAQS) for respirable suspended particulate matter (PM10). - Central Pollution Control Board

80 people die each day owing to air pollution, making it the fifth leading cause of premature deaths in India. - World Health Organisation report

When it comes to legally recognising social enterprises, India is still at a nascent stage. - Vijay Yagnamurthy, Tata Trusts

We need to create an innovation-driven economy. - Jayant Sinha, MoS for Finance

In an increasingly interconnected world, India would like to benefit from technology advances and best practices of different countries. – Pranab Mukherjee, President

Out of all things that you could possibly show an investor, traction is the number one thing that will convince them. - Agam Gupta, Hubco.in

There’s less froth in the market and lesser rush to invest. Investors are now taking more time to evaluate companies. - Karan Mohla, IDG Ventures India Advisors

Low valuations may prompt brick-and-mortar companies to take over some e-commerce rivals. - Kotak Institutional Equities report

Outsourced services lack the edge in terms of quality that an in-house team delivers, especially in an on-demand vertical. - Priyanka Desai, iScribblers

You must believe in what you write. If you don’t believe in your story, no one will. - Bhaavna Arora, author

Do something that most aren’t willing to because that’s what will be worthwhile, and you will break in to new areas that you didn’t even know existed. - Joanna Budelman, Zizira

Every connection is a revolution in the making. - Hurratul Maleka Taj, Chics Connect

Stop taking things for granted because you never know where you will be 10 years down the line. Be inspired and keep inspiring. - Kaanchi Chopra, artivist

YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).