This IIT Graduate Has Some Advice For A First-Time Entrepreneur

IIT Gandhinagar alum Yash Kotak had a dream of creating his own start-up that specialised in the field of Internet of Things. He started his company with two of his friends. While they were able to build their first automated light prototype and automated controls for lights, fans, ACs and water heaters within the first two months at their company Lumos they found it incredibly hard to survive in the market.

On his Medium page, Yash Kotak talks about the reasons as to why their company failed and what should a first-time entrepreneur NOT DO while starting a company right out of college.

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Replies

  • Ankita Katdare
    Ankita Katdare
    Amazingly well put! 😀 I hope this reaches all new and coming entrepreneurs who dive into startup straight out of college.

    Thanks for sharing.

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