10 lessons to become a successful entrepreneur

Soujanya BhumkarCo-Founder & CEO Cooliris

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Having a great idea is only 5% of what it takes. Execution is 95%.

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It’s not the what and the why, it’s the how that’s the game changer.

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User feedback will help you navigate your entrepreneurial journey.

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Know what the user is thinking 10 seconds before they click your app.

If you achieve that, you are golden.

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Conditions around you change. Be aware and be ready to change with it.

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Look in the mirror. That’s often where you see your biggest competitor.

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Know how much to invest for today, AND how much for tomorrow.

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These days, achieving high user engagement is more valuable than high broadcast.

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Shamelessly ask all the time. The worst you can get is a no. A no is just as cool as a yes. It doesn’t matter.

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Startups can push a product release in the same amount of time it takes a big company to schedule a meeting.

That means something, and you need to leverage that.