If you don't have savings, and your co-founders are as poor as you are, and if Mom and Dad won't loan you money, then your best bet is to find people that know you - your friends. If they, too, won't help, then you're stuck seeking out angel investors. Vivek Wadhwa angelbetdad share on social
No matter how well things are going, failure and disaster are just around the corner. So celebrate the good, but be ready for the bad. Vivek Wadhwa badcelebratecorner Change image and share on social
Entrepreneurship is like a computer game in which you have to master every level before achieving success. Startups repeatedly stumble and have to go back to the drawing board. The best way to skip some levels and to increase the odds of survival is to learn from others who have already played the game. Vivek Wadhwa achievebackboard share on social
Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics, and there are no easy shortcuts to success. Ethics need to be carefully sown into the fabric of their companies. Vivek Wadhwa businesscarefullycompany share on social
A key to achieving success is to assemble a strong and stable management team. Vivek Wadhwa achieveassemblekey Change image and share on social
My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to increase your chances of success. Vivek Wadhwa advicebuildchance Change image and share on social
Hiring foreigners is more expensive and more difficult than hiring locals, because of the visa fees and long lead times for visa processing. And companies face a backlash by anti-immigrant groups for hiring foreigners. So they do it only because they have to. Vivek Wadhwa antibacklashcompany share on social
A key ingredient in innovation is the ability to challenge authority and break rules. Vivek Wadhwa abilityauthoritybreak Change image and share on social
The best way of dealing with the press, customers, and critics is to come clean when things go wrong and admit when you make a mistake. We are humans, and no one expects us to be perfect. Vivek Wadhwa admitcleancritic Change image and share on social
The harsh reality is that if you are middle-aged, write computer code for a living, and earn a six-figure salary, you're headed for the unemployment lines. Your market value declines as you age, and it becomes harder and harder to get a job. Vivek Wadhwa agecodecomputer share on social