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‘Sustainable growth and profit need to go hand in hand’ – 15 quotes of the week on leaders and entrepreneurs

Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous edition here). Share these 20 gems and insights from the week of August 8-14 with your colleagues and networks, and check back to the original articles for more insights.

See also our pick of Top Quotes of 2021 on Entrepreneurship, Investment, Digital Transformation, Storytelling, The India Opportunity, Pandemic Resilience, Failure Recovery, Design, and Art.

An aspiring entrepreneur needs at least hundreds or thousands of ideas, which need to be sought constantly. – Marc Randolph, Netflix

When you consider all of the middlemen involved in the fundraising process, startup founders, generally, end up spending 12-15% success fees. – Vanshika Mangla, Pitch Our Way

When you have finite resources, you can’t build everything. – Manu Rikhye, growX ventures

What counts as a ‘need’ and what counts as a ‘want’? This is a debate that rages across the country–from households and boardrooms to GST Council meetings. – Sumit Gwalani, epiFi

We all know sales is hard and managing sales compensation can be a pain point for many companies. – Pulkit Agrawal, Kennect

Together with startups and smaller businesses, large corporations must endeavour to develop sustainable packaging. Specialist businesses developing superior solutions can greatly aid other FMCG businesses. – Vikash Kumar Agarwal, Go Grocer

It’s not only the economic impact, but the dignity and social recognition that are the real wins for us. – Neelkanth Mishra, Jaljeevika

Everyone has to find what drives their passion, and for me, it’s about finding out how many women are going to shift from plastic pads to biodegradable products. – Anika Parashar, The Woman’s Company

Healthcare requires you to find ways to cooperate with the rest of the ecosystem. You cannot do it in isolation. – Meena Ganesh, Portea Medical

For any brand to succeed, it is important to have a reliable logistics partner. – Ishan Grover, Svish on The Go

A strong foundation is important to create a scalable brand. – Seeza Bhardwaj, The Green Loom

To become a household name, having an international presence is very important. – Ananth Narayanan, Mensa Brands

I believe in focusing on both growth and profitability at the same time. If you have got the right model and the right basic unit economics, you can focus on both and the rest falls into place. – Nandan Nilekani

There are always ways to raise valuations later if your business proposition is solid. – Maninder Singh Juneja, True North Co

Sustainable growth and profit need to go hand in hand. – Harsh Mariwala, Marico

YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).