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OYO CEO Ritesh Agarwal’s advice to young founders: ‘Make mistakes often but…’

OYO CEO and Shark Tank judge Ritesh Agarwal's advice to young founders received appreciation from X users. A few also praised his company.

Published on: Mar 20, 2024, 09:54:36 IST
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OYO CEO Ritesh Agarwal regularly shares posts on X to talk about his journey as an entrepreneur or people who helped him or to advise those starting their business endeavours. In one of his posts, he shared how young founders shouldn’t be afraid to make mistakes.

The image is taken from an episode on Shark Tank India where OYO CEO Ritesh Agarwal spoke with two young founders. (X/@riteshagar)
The image is taken from an episode on Shark Tank India where OYO CEO Ritesh Agarwal spoke with two young founders. (X/@riteshagar)

“Make mistakes often but don’t repeat the same mistakes often, is what I tell young founders. I am always so enthused to mentor and guide young founders since they can quickly learn from my experience of starting up with no resources, and I am always happy to give back more to the startup community,” wrote Ritesh Agarwal. He wrapped up his post with a snippet from the reality show Shark Tank India 3, where he appears as one of the sharks - the term used for the judges on the show.

Also Read: OYO CEO Ritesh Agarwal says Shark Tank does this ‘really well’

The video shows the OYO CEO speaking with two young pitchers on the show. He says he would be glad to join the pitchers because he thinks they are at the same place he was when he was about 20 years old.

Take a look at this post shared by Ritesh Agarwal:

The post was shared two days ago. Since then, the tweet has collected more than 8,400 views. The share has further accumulated several likes and comments.

What did X users say about the OYO CEO's tweet?

"That's a great advice! Someone who isn't making mistakes isn't trying anything new," agreed an X user.

"We must normalize making mistakes. It states that you are trying so that you're making mistakes and learning from that," added another.

Also Read: Shark Tank India judge Ritesh Agarwal bumps into Rana Daggubati, says ‘he could be a shark one day’

"Great advice! Learning from our mistakes is key to growth and success. Mentoring and guiding young founders is a wonderful way to share your experiences and help them avoid the same pitfalls. Keep inspiring!" expressed a third.

"Absolutely! Learning from mistakes is crucial for growth. Your willingness to mentor and give back to the startup community is commendable. Your experience and guidance will undoubtedly shape the future of many aspiring founders. Keep inspiring!" joined a fourth.

"OYO has been a game changer in the hospitality business. I have used OYO properties in Goa, which was professional; thank you for creating such a remarkable startup," wrote a fifth.

  • Trisha Sengupta
    ABOUT THE AUTHOR
    Trisha Sengupta

    Trisha Sengupta works as Chief Content Producer at Hindustan Times with over six years of experience in the digital newsroom. Known for her ability to decode the internet’s most talked-about moments, she specialises in high-engagement storytelling that bridges the gap between viral trends and traditional journalism. Throughout her tenure, Trisha has focused on the intersection of technology, finance, and human emotion. She frequently covers personal finance and real estate struggles in hubs like Gurgaon, Bengaluru, and Hyderabad, while also documenting the unique challenges of the NRI experience. Her work often highlights the movements and philosophies of global newsmakers and personalities like Elon Musk, Mukesh Ambani, Nikhil Kamath, Dubai crown prince, and MrBeast. From reporting on Amazon or Meta layoffs and startup culture to the emergence of AI-driven platforms like Grok and xAI, she provides a grounded and empathetic perspective on the stories shaping our world. When not decoding the internet, Trisha is likely offline: lost in a book, exploring a historical ruin, or navigating the world as a solo traveler. She balances her fast-paced career with family time and a healthy dose of curiosity, currently trading her "human" sources for silicon ones as she masters AI to future-proof her storytelling.Read More

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