2 - Starting Baazee.com - Avnish Bajaj on his journey as an Entrepreneur and as an Investor

High performing B School students often get courted by the top jobs in the market and often several people having to choose between Banking and Consulting. Avnish talks about how he made the decision to join Goldman Sachs after interning at McKinsey.

Cross-border transitions are always hard and often involve multiple variables. Avnish talks about the context in which he took the plunge from a lucrative career with Goldman Sachs to return to India with nothing concrete in hand.

There is a lot of literature around how entrepreneurs should demonstrate resilience when hit with failure or tough times. Avnish talks about the role of preparedness in navigating choppy waters.

When Avnish started Baazee, his financial goal was to make USD 2 Million. When he sold Baazee to Ebay for USD 55 Million, he had made close to 10x of his estimate. He talks about how he took stock of life and moved forward from that point.

As an entrepreneur who has built a business, how do you engage with an entrepreneur when you are an investor. Avnish talks about walking the tightrope of providing input while holding back as appropriate.

Avnish talks about the realities of VC investing as a profession and debunks some of the common myths around a “cushy lifestyle” that some people associate with the profession.

In Venture Investing, several years can pass before you realize the returns on your initial investment. Avnish talks about how investors can create a feedback loop in the interim and learn from the journey without having to wait for that long.

Leading a start-up through all the change and complexity can be quite a challenge. Avnish talks about how he grew as a leader when he was at Baazee and shares some insights on how entrepreneurs could scale up with the organization

Success of a Venture Investing firm is inexorably tied to the fortunes of the investors they back. Avnish talks about the science and art of how they pick investors and engage with them to drive value.

It does not take a rocket scientist to figure out that entrepreneurship is not for the faint-hearted. Avnish talks about how the need for resilience is intellectually understood but not fully internalized till events happen. He talks about how entrepreneurs could build that capability.

A good education provides a strong starting point at best. Avnish talks about how he has evolved over time through the various experiences he has had and the decisions he has made.