Use cash wisely and not miserly is the pithy advice that this executive turned entrepreneur turned investor turned entrepreneurial investor has for Indian entrepreneurs. In conversation with Jayanta Banerjee, Managing Partner & Co-Founder of ASK Pravi Capital Advisors. In this episode we cover:
- The psychology of private equity business and decision making,
- Using good judgement and rigorous analysis to get a "feel" for the right idea or talent,
- Leveraging the private equity investor as an aligned partner and not a "client" to be "managed",
- Challenges of the operating partner model as a minority shareholder in the Indian context,
- Developing financial sensitivity, focus on cash positive profits, understanding balance sheets and ROCE an entrepreneur or promoter,
- Moving away from chasing a single metric to creating businesses that are cash-rich and attract good talent as an entrepreneur,
- Observations on the next 18 months and more
