Be Ready To Close Business If It Doesn’t Work Out: FM Nirmala Sitharaman’s Entrepreneurship Lessons

#financeminister #nirmalasitharaman #yuvashaktisamvad #pradhanmantriswanidhiyojana
Interacting with students in Kota, Rajasthan at a ‘Yuva Shakti Samvad’ programme on 8/ January, 2023, Finance Minister Nirmala Sitharaman advised on the critical aspect of failure in entrepreneurship. Responding to a question on key steps to becoming an entrepreneur, Sitharaman said “you need to be ready to close shop if your business doesn’t work out and start a new venture. Closing is not a curse; nobody is going to black mark you on it but be ready to accept closure.” Sitharaman was on a one-day visit to Kota to attend a credit outreach programme to distribute loans to beneficiaries under Pradhan Mantri Swanidhi Yojana and Mudra Yojana.
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[prathamwarang]

1: Ready to take risk
2 : familiarity with facilities by government
3: understand the competition
4: closing the business

[nethra]

Sprb madam... Fst time i heared ur speech.. Am from karnataka

[mrn]

What a wonderful Ma'am ❤ We need more leaders like her 🙏

[SSCCGL]

Proud to be bihari wherever u find Bihar there they r available whether studing, entrepreneurs, Civil services, mostly government jobs, scientists, sports, dancing, singing, talented, even aboard etc . Today eagerly i saw the attendance from Bihar then i socked woow what a amazing view it is! Anyway felt saguinely and distugunisgedly tq mam for helping these kinds of aspirants here to ask or spending your laish time involving in students toghter. A lot of blessings and affections from Bihar..🇮🇳🇮🇳

[satyam-evajayate]

All self-employed citizens must have PPF as it's the social security in 🇮🇳

[SURESHBAABU]

None from TAMILNADU except HER! She is fantabulous! செம மேம்!

[sumamv]

Good morning Ma'am ❤
Inspirational talk..!
Wonderful of you
Thank you 🙏

[avidreader]

Most important would be to understand your customer. Who is your target customer? What need of this customer do you want to fill.

[BhulaxmiVeeravalli]

One mam covered all the students from all over the India we all are proud.

[sanjayshah]

Wonderful wise, kind & has a deep sense of fun

[Omkarcreation]

उत्तर प्रदेश को भूला नहीं जा सकता. ❤❤❤❤❤❤❤❤

[vrprakashrudrappa]

My answer to this question good young budding entrepreneurs must have courage, hardwork, current affairs memory, multidisciplinary and its scientific glossary knowledge update level, financial control, optic eye watching of your business movement

[debosmitasaha]

First you have to choose your products wisely so that you dont have to shut down your business.... Products like rice, poha, maida, pulses, spices these types of products was used in generation after generation these are all basic needs of human

[angeltripathi]

whenever i listen to you mam, i feel comfortable .

[IndicThoughts]

Bihar has bright future get out that man from cm seat. 👍🙏

[nishaanand]

Madam please have more interaction with students and broadcasted for sure

[esquireprinters]

Wonderful ma'am India required more leaders like you ❤❤❤
I am a bjp worker Karnataka Bangalore Jai Bharath ❤❤ jai bjp

[tipsop]

But I sucked why she did not call ODISHA 's name. Very hurt 👍

[binduandchirusvlog]

She is not only lady she is devi of india

[shurbhibissa]

No hate for respected union finace minister but there is also lot of risk to put ourself into the most toughest exam in the world and there is lot of competition😂