--- title: "Meaning & Key Takeaway of: My advice to fledgling entrepreneurs is…" description: "\"My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to incre..." image: "https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png" --- # My advice to fledgling entrepreneurs is always the same… ![“My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to increase your chances of success.” quote by Vivek Wadhwa](https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png) [Download](https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png) [Open image](https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png) > “My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to increase your chances of success.” [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Entrepreneurs should build businesses they intend to stay with for a decade, as longevity boosts success odds. **In simple terms:** Create long‑term companies for better success chances. Key Takeaway Focus on sustainable, lasting ventures. Themes entrepreneurship longevity strategy success commitment Mood motivational pragmatic inspirational Type advice strategic forward‑looking When to use this quote - startup founding - business scaling - investment decisions Key Concepts Business planning risk management vision resilience Questions to Reflect On - What makes a venture worth a decade? - How to balance long‑term vision with short‑term needs? A Different Perspective May overlook the need for pivots or market changes. ★ ★ ★ ★ ★ No ratings yet [Advice](https://sms4smile.com/quotes/about/advice/) [Best way](https://sms4smile.com/quotes/about/best-way/) [Business](https://sms4smile.com/quotes/about/business/) [Company](https://sms4smile.com/quotes/about/company/) [Customer](https://sms4smile.com/quotes/about/customer/) [Entrepreneurs](https://sms4smile.com/quotes/about/entrepreneurs/) [Success](https://sms4smile.com/quotes/about/success/) ## Related quotes > [In my experience, fledgling entrepreneurs focus way too much on the money - you can get most things done and figure out a lot…](https://sms4smile.com/quotes/andrew-yang/in-my-experience-fledgling-entrepreneurs-focus-way-too-much-on-the/) [Andrew Yang](https://sms4smile.com/quotes/author/andrew-yang/) > [The reality is that SXSW is packed with brilliant entrepreneurs, investors and partners. They're everywhere, zipping back and forth like thousands of atoms. Your…](https://sms4smile.com/quotes/ryan-holmes/the-reality-is-that-sxsw-is-packed-with-brilliant-entrepreneurs/) [Ryan Holmes](https://sms4smile.com/quotes/author/ryan-holmes/) > [You will find that every successful entrepreneur has suffered many setbacks. These entrepreneurs just forget to mention these when they are doing interviews with…](https://sms4smile.com/quotes/vivek-wadhwa/you-will-find-that-every-successful-entrepreneur-has-suffered-many/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be…](https://sms4smile.com/quotes/vivek-wadhwa/student-loan-debt-is-the-reason-i-don-t-advise-students-who-want-to/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [What's important is that you build your company to be able to capture the opportunity as it comes.](https://sms4smile.com/quotes/julie-sweet/what-s-important-is-that-you-build-your-company-to-be-able-to-capture/) [Julie Sweet](https://sms4smile.com/quotes/author/julie-sweet/) > [Long story short, right after my twelfth grade, the six months between school and university, and that is the time when I came to…](https://sms4smile.com/quotes/ritesh-agarwal/long-story-short-right-after-my-twelfth-grade-the-six-months-between/) [Ritesh Agarwal](https://sms4smile.com/quotes/author/ritesh-agarwal/) > [I'd like to build my company and make a bigger company always, but I think in the behind the scenes arena is where I'd…](https://sms4smile.com/quotes/joel-silver/i-d-like-to-build-my-company-and-make-a-bigger-company-always-but-i/) [Joel Silver](https://sms4smile.com/quotes/author/joel-silver/) > [Ultimately, I don't believe that you can build a company without a lot of effort, and that you need to lead by example.](https://sms4smile.com/quotes/keith-rabois/ultimately-i-don-t-believe-that-you-can-build-a-company-without-a-lot/) [Keith Rabois](https://sms4smile.com/quotes/author/keith-rabois/) > [It's my job to build the people who are going to build the company.](https://sms4smile.com/quotes/john-schnatter/it-s-my-job-to-build-the-people-who-are-going-to-build-the-company/) [John Schnatter](https://sms4smile.com/quotes/author/john-schnatter/) > [We want Facebook to be one of the best places people can go to learn how to build stuff. If you want to build…](https://sms4smile.com/quotes/mark-zuckerberg/we-want-facebook-to-be-one-of-the-best-places-people-can-go-to-learn/) [Mark Zuckerberg](https://sms4smile.com/quotes/author/mark-zuckerberg/) > [Build a company that idiots could run because eventually they will.](https://sms4smile.com/quotes/keith-rabois/build-a-company-that-idiots-could-run-because-eventually-they-will/) [Keith Rabois](https://sms4smile.com/quotes/author/keith-rabois/) > [It's hard to tell with these Internet startups if they're really interested in building companies or if they're just interested in the money. I…](https://sms4smile.com/quotes/steve-jobs/it-s-hard-to-tell-with-these-internet-startups-if-they-re-really/) [Steve Jobs](https://sms4smile.com/quotes/author/steve-jobs/) > [The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.](https://sms4smile.com/quotes/james-c-collins/the-challenge-is-not-just-to-build-a-company-that-can-endure-but-to/) [James C. Collins](https://sms4smile.com/quotes/author/james-c-collins/) > [If I were to build a company, I would make every single person the biggest star possible because you are only as strong as…](https://sms4smile.com/quotes/maria-kanellis/if-i-were-to-build-a-company-i-would-make-every-single-person-the/) [Maria Kanellis](https://sms4smile.com/quotes/author/maria-kanellis/) > [From the beginning... I wanted to build a company that could sustain not for two years or four years or even ten years but…](https://sms4smile.com/quotes/mark-pincus/from-the-beginning-i-wanted-to-build-a-company-that-could-sustain-not/) [Mark Pincus](https://sms4smile.com/quotes/author/mark-pincus/) ## More by Vivek Wadhwa > [You will find that every successful entrepreneur has suffered many setbacks. These entrepreneurs just forget to mention these when they are doing interviews with…](https://sms4smile.com/quotes/vivek-wadhwa/you-will-find-that-every-successful-entrepreneur-has-suffered-many/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [When I start getting embroiled in heated debates and feeling stressed, I just turn everything off and disconnect from the world. I simply tell…](https://sms4smile.com/quotes/vivek-wadhwa/when-i-start-getting-embroiled-in-heated-debates-and-feeling-stressed/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [What the tech industry often forgets is that with age comes wisdom. Older workers are usually better at following direction, mentoring, and leading.](https://sms4smile.com/quotes/vivek-wadhwa/what-the-tech-industry-often-forgets-is-that-with-age-comes-wisdom/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [You need to be able to SHARE IDEAS, INSPIRE and MOTIVATE](https://sms4smile.com/quotes/vivek-wadhwa/you-need-to-be-able-to-share-ideas-inspire-and-motivate/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Innovation is all about people. Innovation thrives when the population is diverse, accepting and willing to cooperate.](https://sms4smile.com/quotes/vivek-wadhwa/innovation-is-all-about-people-innovation-thrives-when-the-population/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Innovating Women is more important today than ever. Things are changing for the better. The recent announcements by Google, LinkedIn, Yahoo, and Facebook of…](https://sms4smile.com/quotes/vivek-wadhwa/innovating-women-is-more-important-today-than-ever-things-are/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Hiring foreigners is more expensive and more difficult than hiring locals, because of the visa fees and long lead times for visa processing. And…](https://sms4smile.com/quotes/vivek-wadhwa/hiring-foreigners-is-more-expensive-and-more-difficult-than-hiring/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics, and there are no easy…](https://sms4smile.com/quotes/vivek-wadhwa/corporate-executives-and-business-owners-need-to-realize-that-there/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be…](https://sms4smile.com/quotes/vivek-wadhwa/student-loan-debt-is-the-reason-i-don-t-advise-students-who-want-to/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [What you want in a mentor is someone who truly cares for you and who will look after your interests and not just their…](https://sms4smile.com/quotes/vivek-wadhwa/what-you-want-in-a-mentor-is-someone-who-truly-cares-for-you-and-who/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [The goal should be to build a sustainable lifestyle business that does good for employees and customers - and that steadily builds wealth.](https://sms4smile.com/quotes/vivek-wadhwa/the-goal-should-be-to-build-a-sustainable-lifestyle-business-that/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [One of the biggest problems that software developers face is that technology changes rapidly. It is very hard to stay current.](https://sms4smile.com/quotes/vivek-wadhwa/one-of-the-biggest-problems-that-software-developers-face-is-that/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [When I became an entrepreneur, I had the knowledge to develop and manage budgets, market products and review legal contracts.](https://sms4smile.com/quotes/vivek-wadhwa/when-i-became-an-entrepreneur-i-had-the-knowledge-to-develop-and/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [A key to achieving success is to assemble a strong and stable management team.](https://sms4smile.com/quotes/vivek-wadhwa/a-key-to-achieving-success-is-to-assemble-a-strong-and-stable/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) > [I realized that, after tasting entrepreneurship, I had become unfit for the corporate world. There was no turning back. The only regret I had…](https://sms4smile.com/quotes/vivek-wadhwa/i-realized-that-after-tasting-entrepreneurship-i-had-become-unfit-for/) [Vivek Wadhwa](https://sms4smile.com/quotes/author/vivek-wadhwa/) [Explore all 67 Vivek Wadhwa quotes ](https://sms4smile.com/quotes/author/vivek-wadhwa/) ## More Advice quotes > [The sensible person is always serious about sensible advice.](https://sms4smile.com/quotes/mak-786/the-sensible-person-is-always-serious-about-sensible-advice/) Mak\_786 > [I ask for tips, for advice. What I have also learnt is that I need to do things that are good for me. In…](https://sms4smile.com/quotes/matthijs-de-ligt/i-ask-for-tips-for-advice-what-i-have-also-learnt-is-that-i-need-to/) [Matthijs de Ligt](https://sms4smile.com/quotes/author/matthijs-de-ligt/) > [Don't get too attached to someone you know you can't be together with.](https://sms4smile.com/quotes/anurag-prakash-ray/don-t-get-too-attached-to-someone-you-know-you-can-t-be-together-with/) [Anurag Prakash Ray](https://sms4smile.com/quotes/author/anurag-prakash-ray/) > [A low-minded person should not be given good advice.](https://sms4smile.com/quotes/chanakya/a-low-minded-person-should-not-be-given-good-advice/) [Chanakya](https://sms4smile.com/quotes/author/chanakya/) > [The worst advice? 'Don't listen to the critics.' I think that you really ought to listen to the critics, because sometimes they're telling you…](https://sms4smile.com/quotes/stephen-king/the-worst-advice-don-t-listen-to-the-critics-i-think-that-you-really/) [Stephen King](https://sms4smile.com/quotes/author/stephen-king/) > [When I was in my twenties and just so sexually prolific, the first time I went to Machu Picchu, this guy, a spiritual teacher,…](https://sms4smile.com/quotes/woody-harrelson/when-i-was-in-my-twenties-and-just-so-sexually-prolific-the-first/) [Woody Harrelson](https://sms4smile.com/quotes/author/woody-harrelson/) > [The best way to succeed in this world is to act on the advice you give to others.](https://sms4smile.com/quotes/napoleon-hill/the-best-way-to-succeed-in-this-world-is-to-act-on-the-advice-you/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [Time is priceless. You have it, but you don't own it. You spend it, but you can't keep it. And once it's gone, there's…](https://sms4smile.com/quotes/anonymous/time-is-priceless-you-have-it-but-you-don-t-own-it-you-spend-it-but/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You don't need to take a persons advice to make him feel good, just ask him for it.](https://sms4smile.com/quotes/laurence-j-peter/you-don-t-need-to-take-a-persons-advice-to-make-him-feel-good-just/) [Laurence J. Peter](https://sms4smile.com/quotes/author/laurence-j-peter/) > [Some of the things that we hold onto the most, are the things that we need to let go of.](https://sms4smile.com/quotes/ryaj-ablando-catayas/some-of-the-things-that-we-hold-onto-the-most-are-the-things-that-we/) [Ryaj Ablando Catayas](https://sms4smile.com/quotes/author/ryaj-ablando-catayas/) > [“If your clothes are enough to drive would-be friends away, they're not the kind of friends you want." Typical mother advice. Sweet, honest, and…](https://sms4smile.com/quotes/aprilynne-pike/if-your-clothes-are-enough-to-drive-would-be-friends-away-they-re-not/) [Aprilynne Pike](https://sms4smile.com/quotes/author/aprilynne-pike/) > [“My kingdom not for a horse, but for a good piece of advice!”](https://sms4smile.com/quotes/mehmet-murat-ildan/my-kingdom-not-for-a-horse-but-for-a-good-piece-of-advice/) [Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [I always advise people not to act upon the advice that I give them.](https://sms4smile.com/quotes/vikrant-parsai/i-always-advise-people-not-to-act-upon-the-advice-that-i-give-them/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [ \[A\]s you partake of the world's bill of fare, that's darned good advice to follow. Do a lot of spitting out the hot air.… ](https://sms4smile.com/quotes/dr-seuss/a-s-you-partake-of-the-world-s-bill-of-fare-that-s-darned-good-advice/) [Dr. Seuss](https://sms4smile.com/quotes/author/dr-seuss/) > [My relationship with Ibrahimovic was completely neutral. He is not the type of player to approach the younger players and give them advice. He…](https://sms4smile.com/quotes/kingsley-coman/my-relationship-with-ibrahimovic-was-completely-neutral-he-is-not-the/) [Kingsley Coman](https://sms4smile.com/quotes/author/kingsley-coman/) [Browse all 8,535 Advice quotes ](https://sms4smile.com/quotes/about/advice/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to increase your chances of success.", "creator": { "@type": "Person", "name": "Vivek Wadhwa" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/vivek-wadhwa/my-advice-to-fledgling-entrepreneurs-is-always-the-same-build-a/", "about": { "@type": "Thing", "name": "Advice" }, "@id": "https://sms4smile.com/quotes/vivek-wadhwa/my-advice-to-fledgling-entrepreneurs-is-always-the-same-build-a/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png", "contentUrl": "https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png", "url": "https://sms4smile.com/quotes/i/59e/vivek-wadhwa-10148_advice_my-advice-to-fledgling-entrepreneurs-is_774247.png", "width": 1080, "height": 1080, "caption": "“My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the…” — Vivek Wadhwa", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Vivek Wadhwa", "item": "https://sms4smile.com/quotes/author/vivek-wadhwa/" }, { "@type": "ListItem", "position": 4, "name": "My advice to fledgling entrepreneurs is...", "item": "https://sms4smile.com/quotes/vivek-wadhwa/my-advice-to-fledgling-entrepreneurs-is-always-the-same-build-a/" } ], "@id": "https://sms4smile.com/quotes/vivek-wadhwa/my-advice-to-fledgling-entrepreneurs-is-always-the-same-build-a/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```