Lessons for entrepreneurs from Indian PM Narendra Modi's Independence day speech.

1. Top 5 Lessons for Entrepreneurs from PM Narendra Modi’s
Independence Day Speech
Prime Minister Narendra Modi’s 1 hour long extempore speech made every Indian bustling with
enthusiasm and pride. Almost everyone was talking about the speech – everywhere. Twitter and
Facebook were filled with the praise for PM on the Independence Day. We heard people
discussing the speech in tea shop benches to 5 star hotel brunches. The extempore speech
covered poverty, cleanliness, women, rape, manufacturing, farming, skill development and job
creation. It is for sure that our PM connected with every citizen of this nation irrespective of
creed, caste, colour and economic diversity.
As an entrepreneur, what you could learn from this speech? Here is the top 5 key points and
takeaways!
Quoting PM’s speech: If you work 12 hours, I will work 13. Why? Because I am not a Pradhan
Mantri, but a Pradhan Sevak!
As an entrepreneur, you must keep in mind that you are working for the growth of “Your
Business”. From the early stages of your startup until it achieves success, you got to keep
putting in hard-work. If your employees are working for 12 hours, you must be willing to work
for 13 hours or more than 13 hours to realize your dreams. Do not fall prey to the 4 hour work
week ideas until you really, really achieve your goals, until you made a mark, until you succeed.
You cannot and will not achieve success by putting less hours of work in the initial stages. Ask
any successful person, they will tell you the number 1 secret for succeeding is hard work. So be
willing to push yourself. Work harder than anyone else until you make it huge.

2. Quoting PM’s speech: We are nation of the young. Have we ever thought of harnessing the
power of the youth? We need skilled workers. The youth needs to imparted with skills that
earn them fame around the world. We want to develop job creators
Our nation is filled with young talents. We are one of the highest youth populated country in the
world. Right now our country needs job creators. How do we create jobs? Only by fostering
entrepreneurship! Our education system must impart the skills of entrepreneurship/business
management to youngsters. We are spending lakhs of money and minimum 17 years of time
and effort to get educated but the long years spent gobbling hundreds of books don’t teach
anything to do with “how to face the world”! Students are not taught about essential business
skills like sales, customer relationship, networking etc. They are not taught the importance of
being productive and achieving success. The result: raw youngsters with degrees that is good-
for-nothing.
Developing job creators is the need and call of the hour. Seasoned entrepreneurs must mentor
upcoming/startup and wanna-be entrepreneurs so that they can learn from the blue-prints of
the successful people. An entrepreneur mentored by a professionally successful person can save
years of trial-and-error learning and start producing results on a fast-track mode thereby
increasing job creation and enriching lives of people.
Quoting PM’s speech: India used to be known as land of snake charmers. Today, our IT
professionals have left the world spellbound. Technology must be adopted increasingly.
Our IT skills astonish the world. Our young brains are making a dent in the universe.
Entrepreneurs must catch the wind and set their sails according to the progress of technology.
By focusing more on the future needs, our entrepreneurs can envision products and services
that are technologically advanced. Tech entrepreneurs must start investing in themselves
(businesses) to equip the internal structure to compete with the giant’s of the world.
Quoting PM’s speech: Sell anywhere but manufacture here. We have the skill and the talent.
Indian manufacturing industry contributes 17% to its GDP employing 20% labour force, in
comparison, China’s manufacturing sector contributes whooping 45% to its GDP employing 29%
of its 796 million labour force. Apart from the highly dynamic and competitive Technology
sphere, there are abundant opportunities available for entrepreneurs in
Manufacturing/Production industries. As the PM calls out the world to utilize the existing skill

3. and talent of our people through setting up manufacturing units here in India, our
entrepreneurs must take advantage of this period and plunge into the challenging
manufacturing domain than principally targeting only the technology arena.
Quoting PM’s speech: Everything is not for us. There are some things that should be for the
nation. Let’s think beyond ‘what about me’ and look at the nation.
Every entrepreneur must think and act with the mottos of “How can I make the world better”?
“How can I solve this problem”? “How can I contribute for the enrichment of this
nation/world”? Only by providing value to the people around, entrepreneurs can gain business,
increase money flow, build empires. An average person takes action after asking “What’s in it
for me” but entrepreneurs must have mindset of power players. If you want to leave a legacy,
come out of the individualistic notions, think beyond the “little me” and think the “big picture”.
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