[Note: This article is part of The Junction Series. Sanjay Mehta will be speaking at “The Junction” in Jaipur in January 2017. Get a deep dive on angel investing, entrepreneurship and more with him. Learn more about The Junction here!]
“After nourishment, shelter and companionship, stories are the thing we need most in the world.” ― Philip Pullman
We all have grown up with stories. In the end, the stories that we have heard are the ones that make us, the ones that become a part of us. While these old fables are our initial teachers which also form the foundation of our first moral character – some of them can also be interpreted to learn lessons in entrepreneurship.
Sanjay Mehta, the serial angel investor who has invested in 60+ portfolio companies, and who frequently speaks on entrepreneurship, has employed many of our good old fables to drive home some key lessons to startups.
In a talk with Inc42, Sanjay points out the entrepreneurship lessons startups can learn from the very tales that regaled them in their childhood.
“It’s Good To Be Slow And Steady – But It’s Better To Be Fast And Reliable.”
The story of the hare and tortoise getting into a race with the slow and steady tortoise beating the fast but arrogant hare, needs no introduction. The moral of the story that slow and steady wins the race is driven home by this.
Sanjay reinvents the fable from where after some soul-searching, the hare again challenges the tortoise to a race and wins the race by running all through and not taking a nap.