OYO CEO Ritesh Agarwal has had to endure a journey full of ups-and-downs on his way to becoming a successful entrepreneur. In an X (formerly Twitter) post on Monday, Agarwal adviced young founders on what it took to develop a profitable organisation after starting from scratch.
Agarwal urged young founders to make mistakes, but to not repeat the errors and admitted that he would be happy to give back more to the startup community.
"Make mistakes often but don’t repeat the same mistakes often is what I tell young founders."
"I am always so enthused to mentor and guide young founders since they can quickly learn from my experience of starting up with no resources and I am always happy to give back more to the startup community," Agarwal wrote on X (formerly Twitter) on Monday.
Agarwal's post saw a lot of user comments, many of whom praised him for his words to help young and upcoming founders.
"Great advice! Learning from our mistakes is key to growth and success. Mentoring and guiding young founders is a wonderful way to share your experiences and help them avoid the same pitfalls. Keep inspiring!" one user wrote.
"Absolutely! Learning from mistakes is crucial for growth. Your willingness to mentor and give back to the startup community is commendable," another user wrote.
In October 2023, Agarwal was revealed as one of the new judges for Shark Tank India’s upcoming season, which also saw the likes of Zomato co-founder and CEO Deepinder Goyal also feature as a judge on the series.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
