Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy

by IANS |



New Delhi, April 22 (IANS) Infosys founder N.R. Narayana Murthy said on Monday that entrepreneurship is just a state of mind and it is not those who start companies that are entrepreneurs, it is all about doing things faster and creating a competitive advantage for yourself, while striving for excellence.


Addressing the ‘Day Zero 2024’ event by Log9 Materials, a deep technology and advanced battery technology startup in Bengaluru, Murthy said that as long as we keep that in mind, “we are all entrepreneurs”.


“Everybody can be an entrepreneur because it's a state of mind. As long as everybody in the company asks themselves how can I do things faster, cheaper and better then I think you'll be in a position to bring in competitive sustainable advantage for you,” he told the gathering.


“There are some extremely important factors that contribute to the longevity of a company. First is access to the market. Unless a company increases its access to the market, however great your idea is, it is of zero value,” said the Infosys founder.


“Second is access to talent. A company is worth zilch unless it brings the best quality minds. Because it is the power of human minds that innovates and brings to the table. So your biggest task is to recruit, enable, empower and retain the best and the brightest.”


At the event, Log9 announced a significant transformation with the rebranding of its mobility business as Amphion, a full-stack EV asset management company.


“I'm thrilled about the transformative opportunities Amphion will offer fleet operators. This Day Zero signifies the commencement of a new journey, not just for us, but for an entire ecosystem,” said Dr Akshay Singhal, Founder and CEO, Log9.



Latest News
UP man killed during birthday bash, family alleges murder Wed, May 29, 2024, 11:31 AM
Results of LS polls to impact future prospects of leaders of all three political fronts in Kerala Wed, May 29, 2024, 11:25 AM
Heavy rains, landslide leave trail of destruction across northeast India, 36 dead in 4 states Wed, May 29, 2024, 11:23 AM
Heat stroke claims 3 more lives in Jaipur Wed, May 29, 2024, 11:22 AM
'A non issue', Odisha CM reacts to BJP's jibe over 'controlling hand' after video with Pandian goes viral Wed, May 29, 2024, 11:12 AM
Rajasthan: Hospital's registration cancelled after doc removes wrong kidney Wed, May 29, 2024, 11:10 AM
Mani Shankar Aiyar stirs new row by terming 1962 Chinese invasion 'alleged', BJP hits out at Congress Wed, May 29, 2024, 11:07 AM
Sizzling Rajasthan: Churu breaches 50-degree C mark, Pilani reels at 49-degree C Wed, May 29, 2024, 11:06 AM
Mumbai court sentences two convicted of killing woman colleague to life terms Wed, May 29, 2024, 11:05 AM
Bomb threat for IndiGo flight at Delhi airport turns out to be hoax Tue, May 28, 2024, 02:08 PM
Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz Tue, May 28, 2024, 02:00 PM
NTR dedicated life for glory of Telugu people: Chandrababu Naidu Tue, May 28, 2024, 01:58 PM
Senior SP leader inches closer to BJP; praises PM Modi, Amit Shah Tue, May 28, 2024, 01:56 PM
Sex scandal: SIT to decide on arrest of JD(S) MP Prajwal upon arrival, says Ktaka HM Tue, May 28, 2024, 01:54 PM
ITC's Hotel Group expands in Rajasthan with 'Mementos Jaipur' Mon, May 27, 2024, 04:55 PM