Vivek Wadhwa
Vivek Wadhwa
Vivek Wadhwa is an American technology entrepreneur and academic. He is a fellow at the Rock Center for Corporate Governance; the Director of Research at the Center for Entrepreneurship and Research Commercialization at the Pratt School of Engineering, Duke University; and the author of the 2014 book Innovating Women: The Changing Face of Technology...
NationalityIndian
ProfessionBusinessman
CountryIndia
age becomes code computer declines earn harder harsh headed market
The harsh reality is that if you are middle-aged, write computer code for a living, and earn a six-figure salary, you're headed for the unemployment lines. Your market value declines as you age, and it becomes harder and harder to get a job.
dorm dreamed mark
The stereotypical successful entrepreneur is Mark Zuckerberg - the young college dropout who dreamed up a crazy idea while in his dorm room.
became develop knowledge legal manage market products
When I became an entrepreneur, I had the knowledge to develop and manage budgets, market products and review legal contracts.
best business climb corporate helped ladder school stern york
I have no doubt that my M.B.A. from New York University's Stern School of Business was one of the best investments I ever made. It helped me climb the corporate ladder and become an entrepreneur.
adding faster features justify lower prices
In the U.S., PC-makers have no incentive to lower prices because it kills their profit margins. They keep adding new features like high-end retina displays and faster processors to justify their high prices.
business execute technology
In the technology world, you have to execute fast or you're out of business.
believe certainly monitor
You may not believe in anything called a work-life balance, but your body certainly does. You need to monitor and nurture your body.
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One of the biggest problems that software developers face is that technology changes rapidly. It is very hard to stay current.
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Hiring foreigners is more expensive and more difficult than hiring locals, because of the visa fees and long lead times for visa processing. And companies face a backlash by anti-immigrant groups for hiring foreigners. So they do it only because they have to.
climbing helping lift paths people
Building a company isn't that different from climbing a big mountain. You need people helping you traverse treacherous paths and to lift you up when you fall.
advise attend confine herself
I advise all of the entrepreneurs that I know to attend at least one entrepreneurship event every week. The worst thing an entrepreneur can do is to confine his or herself to a cubby hole.
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The lesson is, because there will be many lemons in life, to learn to make the proverbial lemonade - and be open and honest. That's the best way of doing damage control and positioning yourself for success.
corporate life realized turning
I realized that, after tasting entrepreneurship, I had become unfit for the corporate world. There was no turning back. The only regret I had was having wasted my life in the corporate world for so long.
recruiting
Recruiting talent is no different than any other challenge a startup faces. It's all about selling.