Bhanu Choudhrie is a popular entrepreneur and investor, who has made a name for himself in the investment space ever since he started in it in 2001. Now nearing his two decades in the industry, the 40 year old investor has obtained the kind of respect that doesn’t come easy to anyone.
Choudhrie’s story comes as a mix of different experiences. But all of which have remained positive in his life and have made him the person and entrepreneur that he is today.
Whether it was his decision to complete his early education in India, or getting his bachelor’s degree from the University of Boston; whether it was his choice to go to Harvard Business School to complete one of its coveted management programs, or his desire to start his own business in his early twenties; all of these decisions have led to Choudhrie’s personal development and made him to be the successful entrepreneur that he is today.
Currently the founder and executive director at C&C Alpha Group, Bhanu Choudhrie helps startups scale by letting his firm act as their incubator. C&C Alpha Group also acts as an injector to those late stage companies who have hit a hurdle and want to be helped with some capital and/or expertise by a firm that specializes in corporate overhaul.
Through these practices, Bhanu Choudhrie helps such companies with the assistance of his exceptionally proficient staff, each of whom excel at their respective jobs. That is why, when Choudhrie took some time to advise new businesses to take risks, it was something that turned quite a few heads. Learn more about the group’s portfolio at ccalphagroup.co.uk
Here’s what Bhanu Choudhrie had to say.
Why Businesses Should Take Risks
Businesses need to take risks because they cannot avail lucrative opportunities if they play safe.
According to Bhanu Choudhrie, three out of five investments end up failing on an average basis. But that doesn’t stop businesses from keep going with their gut. If they fail, they fail. If they succeed, then they have added a success story to their roster.
Whether it is about a certain business model, a product, or a service, make sure to take risks when appropriate (given your finances and other factors), and just go where the ride takes you. This approach would help you achieve success even if you are also prepared for failure in your mind.