oh there’s a term in Gujarati
it’s called novel dari this title is
given to an entrepreneur who has started
a business failed started again failed
at least nine times unfortunately most
of us in India don’t even know this film
when I discovered it some time back why
the challenge in our societies we
celebrate winning we do not celebrate
failures
let me give you one example Steve Jobs
Apple right everybody knew that Steve
Jobs was thrown out of his own company
the company that he founded by the CEO
he hired he got so upset
he was so bitter about it that he sold
all his shares in Apple except one went
on to found the company Gordon next it
was about building beautiful hardware
computers he also invested in a company
called Pixar while Pixar did very well
as an animation studio next was a
horrible failure Steve was shattered the
same time his own company Apple was
going down the Pew so the board of Apple
decided to bring back Steve Jobs to help
rescue Apple when Steve came back to
Apple he wanted to build something new
now what is the product that Apple is
now most famous for iPhone right the
iPod iPad where did Steve get his
inspiration to build such lovely product
next computer so for a lot of times the
seeds of your future success come from
the very failures where you are
miserable about three three and a half
years out of those four years back and I
was doing a start-up of my own this
young kid came reached out to me on
Facebook and said sir I need some
mentoring he was 19 years old from a
small town near Kentucky Nerissa dropped
out of school came to Delhi to become an
after some time we got selected for a
scholarship called the pita pile
scholarship for most of you who don’t
know Peter Thiel is a Silicon Valley
billionaire
who gives $100,000 young kids to drop
out of school and become an entrepreneur
because Peter genuinely believes that
education spoils kids
this boy what was up another only guys
from India to get selected for that
program went to Silicon Valley got
mentored by the best people in the
business came back and then shut down
his business because despite getting all
that mentoring and all that money he
still failed in that business and he
failed so badly that he was thrown out
of the rented house he was staying in
she was homeless so with one jeans two
t-shirts and a backpack he started
staying in various friends places
Starlin across india and going in
staying in small budget properties did
that for a few months and while doing
that he got his aha moment he set up a
company out of that experience that
company recently raised one hundred
million dollars from Softbank it’s got
oil rooms that young boys call
rotational wall if I look back on my own
journey in the year 2012 I had exited
Avenger my wife was not well she was
hospitalized
I was written up from the whole industry
and I suddenly one day woke up to
discover that I had not left my roof
house the place I was staying in for two
days because I didn’t know what to do
and I don’t know what happened probably
the books that I read whatever I decided
I to take a call and change things so I
got up called a small digital agency and
said I need to get a photo shoot done
she after Kay put on nice clothes but a
photo shoot done change my profile
picture on LinkedIn changing on whatsapp
Facebook started posting some positive
comments this was about eleven thirteen
the afternoon nine o’clock at night I
get a mail message on LinkedIn from
somebody saying hey there’s an
opportunity would you want to come up I
called the number met the guy next day
morning a couple of ASDA after that I
had twenty six percent equity in a new
venture and a one Karos salary packet
and then of course I went on and setting
up you but when I look back at that
period I realized that unfortunately
when you fail at something and then then
the definition can be various things a
few things happen you become a little
upset you want to get into a shell you
want to crawl into a hole and hope that
the whole world ignores you most people
start cutting you out so the whole
atmosphere that becomes around you is
something that you have done something
really wrong and you need to get into a
shell where is I believe as a culture as
a country we should be doing the
opposite we should be celebrating
failures we should be telling our young
children that it’s okay to fail in an
exam not commit suicide because he
didn’t get into IIT but learn from it
and do something else unfortunately that
is not happening today but I would say
instead of the media or us as parents as
individuals only telling our kids
stories about successes we should tell
them stories about people who fail and
then bounce that now how do you bounce
back from a failure I have been there
many times myself and I know what it
feels at that time it is you are
extremely lucky if you get a right
mentor who tells you and walks
Toxie out of it but it is the immediate
family which can make the most and the
biggest difference unfortunately for us
a lot of our parents try to live their
dreams to their children and we make it
mandatory for our kids to follow a
certain template study hard get into an
IIT or I am if you don’t get in you’re
labeled as a failure
the entire neighborhood looks at you
with those eyes you make the poor child
feel so ashamed that for some of them
ending their life is their only option
whereas if you look at India you look at
globally in Silicon Valley there are
more than enough icons starting with
Einstein who was told that he is dumped
in school so one incident that I have
read about is when Einsteins mom
but that note from the school teacher
she came home and told him that your
teacher says you are a brilliant kid you
have a great potential and Einstein went
out to be the Einstein right many many
years later when he died
whenever sorry why his mom died he got
that note that note said something else
that note basically said that your son
is dumb he’s not fit for school but
instead of reading out that note to a
child
Einstein’s bomb decided to give him a
different picture I wish a lot of Indian
parents would do that I wish as a
culture as a country he starts
celebrating failures and telling our
children it’s okay to fail in many
things and then become successful
I have been in the startup space for a
very long time and I have seen many many
young startup guys who have come up to
appeared in multiple ventures and then
go on and do become a massive success I
would like to institutionalize this
whole phenomena of celebrating failure
and this forum is my debut so starting
with TEDx at a cigar
I am now saying as a country let’s start
a revolution a movement of celebrating
failures thank you [Applause]
it’s called novel dari this title is
given to an entrepreneur who has started
a business failed started again failed
at least nine times unfortunately most
of us in India don’t even know this film
when I discovered it some time back why
the challenge in our societies we
celebrate winning we do not celebrate
failures
let me give you one example Steve Jobs
Apple right everybody knew that Steve
Jobs was thrown out of his own company
the company that he founded by the CEO
he hired he got so upset
he was so bitter about it that he sold
all his shares in Apple except one went
on to found the company Gordon next it
was about building beautiful hardware
computers he also invested in a company
called Pixar while Pixar did very well
as an animation studio next was a
horrible failure Steve was shattered the
same time his own company Apple was
going down the Pew so the board of Apple
decided to bring back Steve Jobs to help
rescue Apple when Steve came back to
Apple he wanted to build something new
now what is the product that Apple is
now most famous for iPhone right the
iPod iPad where did Steve get his
inspiration to build such lovely product
next computer so for a lot of times the
seeds of your future success come from
the very failures where you are
miserable about three three and a half
years out of those four years back and I
was doing a start-up of my own this
young kid came reached out to me on
Facebook and said sir I need some
mentoring he was 19 years old from a
small town near Kentucky Nerissa dropped
out of school came to Delhi to become an
after some time we got selected for a
scholarship called the pita pile
scholarship for most of you who don’t
know Peter Thiel is a Silicon Valley
billionaire
who gives $100,000 young kids to drop
out of school and become an entrepreneur
because Peter genuinely believes that
education spoils kids
this boy what was up another only guys
from India to get selected for that
program went to Silicon Valley got
mentored by the best people in the
business came back and then shut down
his business because despite getting all
that mentoring and all that money he
still failed in that business and he
failed so badly that he was thrown out
of the rented house he was staying in
she was homeless so with one jeans two
t-shirts and a backpack he started
staying in various friends places
Starlin across india and going in
staying in small budget properties did
that for a few months and while doing
that he got his aha moment he set up a
company out of that experience that
company recently raised one hundred
million dollars from Softbank it’s got
oil rooms that young boys call
rotational wall if I look back on my own
journey in the year 2012 I had exited
Avenger my wife was not well she was
hospitalized
I was written up from the whole industry
and I suddenly one day woke up to
discover that I had not left my roof
house the place I was staying in for two
days because I didn’t know what to do
and I don’t know what happened probably
the books that I read whatever I decided
I to take a call and change things so I
got up called a small digital agency and
said I need to get a photo shoot done
she after Kay put on nice clothes but a
photo shoot done change my profile
picture on LinkedIn changing on whatsapp
Facebook started posting some positive
comments this was about eleven thirteen
the afternoon nine o’clock at night I
get a mail message on LinkedIn from
somebody saying hey there’s an
opportunity would you want to come up I
called the number met the guy next day
morning a couple of ASDA after that I
had twenty six percent equity in a new
venture and a one Karos salary packet
and then of course I went on and setting
up you but when I look back at that
period I realized that unfortunately
when you fail at something and then then
the definition can be various things a
few things happen you become a little
upset you want to get into a shell you
want to crawl into a hole and hope that
the whole world ignores you most people
start cutting you out so the whole
atmosphere that becomes around you is
something that you have done something
really wrong and you need to get into a
shell where is I believe as a culture as
a country we should be doing the
opposite we should be celebrating
failures we should be telling our young
children that it’s okay to fail in an
exam not commit suicide because he
didn’t get into IIT but learn from it
and do something else unfortunately that
is not happening today but I would say
instead of the media or us as parents as
individuals only telling our kids
stories about successes we should tell
them stories about people who fail and
then bounce that now how do you bounce
back from a failure I have been there
many times myself and I know what it
feels at that time it is you are
extremely lucky if you get a right
mentor who tells you and walks
Toxie out of it but it is the immediate
family which can make the most and the
biggest difference unfortunately for us
a lot of our parents try to live their
dreams to their children and we make it
mandatory for our kids to follow a
certain template study hard get into an
IIT or I am if you don’t get in you’re
labeled as a failure
the entire neighborhood looks at you
with those eyes you make the poor child
feel so ashamed that for some of them
ending their life is their only option
whereas if you look at India you look at
globally in Silicon Valley there are
more than enough icons starting with
Einstein who was told that he is dumped
in school so one incident that I have
read about is when Einsteins mom
but that note from the school teacher
she came home and told him that your
teacher says you are a brilliant kid you
have a great potential and Einstein went
out to be the Einstein right many many
years later when he died
whenever sorry why his mom died he got
that note that note said something else
that note basically said that your son
is dumb he’s not fit for school but
instead of reading out that note to a
child
Einstein’s bomb decided to give him a
different picture I wish a lot of Indian
parents would do that I wish as a
culture as a country he starts
celebrating failures and telling our
children it’s okay to fail in many
things and then become successful
I have been in the startup space for a
very long time and I have seen many many
young startup guys who have come up to
appeared in multiple ventures and then
go on and do become a massive success I
would like to institutionalize this
whole phenomena of celebrating failure
and this forum is my debut so starting
with TEDx at a cigar
I am now saying as a country let’s start
a revolution a movement of celebrating
failures thank you [Applause]
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