Rajeev Lakhanpal Shares 5 Tips for Starting a Business
                     Rajeev  
Lakhanpal
Director of Amaterasu Technologies Private 
Limited
About Rajeev Lakhanpal
Rajeev Lakhanpal is the Director of Amaterasu Technologies 
Private  Limited, a company entirely driven by innovation and 
technological  perfection. After witnessing some of the top brands 
come to India,  Rajeev Lakhanpal decided to venture into this field 
and started his  career at the age of 19 in the shipping field.
Rajeev Lakhanpal Shares 5 Tips  
for Starting a Business
1. Establish a Business
Plan
A business plan is often compared to a blueprint, laying 
out  the steps to proceed from idea to market and beyond.
Drawing up a business plan helps stakeholders focus on 
the  feasibility of an enterprise and where it is headed.
2. Invest in Time
Time is one factor an entrepreneur can control. Investing 
in  time doesn’t necessarily mean spending all waking 
hours  (and neglecting sleep) to develop a business.
3. Remain Financially  
Cautious
Financial caution enables entrepreneurs to 
maintain more  control over their businesses. It 
also makes it easier to bank  money for unexpected 
opportunities or crises. Keeping a  close eye on 
spending can make each dollar go further.
4. Embrace Risk
Entrepreneurs can also manage risk, mitigating 
factors that  could overwhelm a business. 
Entrepreneurs may put at risk  their own money, 
their family and friends’ money, and  investor’s 
money with no guarantee of success.
5. Seek Feedback and  
Mentorship
Mentorship and feedback can come from a variety of 
sources,  including other entrepreneurs as well as 
investors and  informal advisors. They can provide 
outside, objective  perspectives from different 
experiences.
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New Delhi, India
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