7 instances Kiran Mazumdar Shaw reminded us that entrepreneurship is rewarding


In the corporate jungle, it may seem difficult to start over. The road is rocky and steep. Global entrepreneurship can be portrayed as men working under older men who are controlled by other rich men. Statistics feed into reports and studies each year depicting a faint dawn of effort. The system is more than a little unfair and strength has to come from within. It has to be a woman who engraves her name among the world’s leading companies Kiran Mazumdar Shaw. She is the managing director of Biocon, India’s leading biotechnology company, and has given us plenty of reasons to be inspired. Here are 7 such examples that she uses to remind us to remain determined when entrepreneurship seems difficult.

1. Your openness

“I am active in various committees and of course very honest and open. I am a very direct person and I share my open views on everything. “

2. Your struggles

“I faced a number of challenges when building Biocon. At first I had credibility issues where I couldn’t get banks to fund me. I couldn’t recruit people for a female boss. Even in the companies where I had to source raw materials, they didn’t want to deal with women. “

3. Your realism

“The market compares us to generic drug manufacturers. We have to view Biocon as a Bellwether stock. A stock that is differentiated, a stock that is research and development focused, and a very, very strong balance sheet with huge value drivers at the end. “

4. Your teamwork

“I have a great team that helped me build Biocon. I was very fortunate to be able to share my vision with a group of people who were really as excited about challenges as I was.”

5. Your friendships

“What really got me focused on cancer was when my best friend was diagnosed with breast cancer and even though she was a wealthy person, I found her treatment costs to be crippling.”

6. Your advice

“When you become more successful, the gender barrier disappears. The credibility problems you faced in your teenage years go away when you start to demonstrate success. “

7. Your passion

“If you think about brewing, it’s biotechnology. And I would say that I was a technologist at heart. Whether I was fermenting beer or fermenting enzymes, the basic technology was the same. “