We bring to you Neeraj Gupta, Founder & CEO at FormulateIP based in India and USA. Applying his business and technical background, Neeraj assists clients in protecting and expanding their domestic and international knowledge-based businesses using IP protection, licensing and strategic planning. Neeraj is also a co-founder at Excubator which provides guidance and support needed to entrepreneurs for building a successful entrepreneurial practice. We had a brief interview with him, here are the insights of the conversation.
E-Cell: What does the term Entrepreneurship means?
Neeraj Gupta: Entrepreneurship is all about taking risk and creating value for a business. Every single business has two outputs,
(a) The impact you create; as in, the value the product/idea adds to the ecosystem, and
(b) The monetary value that the business generates.
A sustainable business is a one that creates an impact while generating substantial monetary value, so, in a nutshell, entrepreneurship is all about taking risk and creating value.
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