Chai with Pabrai Mohnish Pabrai's Q&A session with students at the JNV Pune on December 25, 2022
4 snips
May 15, 2023 AI Snips
Chapters
Transcript
Episode notes
Minimize Risk in Entrepreneurship
- Entrepreneurs and investors do not take risk; they minimize or eliminate it through careful planning.
- Starting a business while keeping a steady job reduces risk and provides a safety net if the venture fails.
Be a Continuous Learning Machine
- Be a continuous learning machine by reading a lot and expanding knowledge beyond immediate needs.
- Continuous learning will set you apart from peers after many years regardless of initial intelligence.
Father’s Multiple Bankruptcies and Resilience
- Mohnish Pabrai shares his father's multiple business bankruptcies and recovery.
- His father started new businesses repeatedly despite losses, demonstrating resilience and building businesses from nothing.