How Startups Could Thrive More and Strive Less | Manav Mahendra Gadiya | TEDxJainUniversity

The benefits of traditional family-managed businesses and startups or modern-age businesses have been compared to here. It notes the high failure rate of startups due to a focus on short-term gains rather than long-term goals, while family-run businesses prioritize long-term horizons, financial discipline, and cautious approaches to opportunities. In these uncertain times, where the world is still reeling from the effects of the Covid-19 pandemic, businesses are struggling to survive. But there is one type of business that has shown remarkable resilience and longevity: family-managed businesses in India. What is the secret behind the success of family-managed businesses? They have a strong risk management framework and maintain contingency funds and backups, proving more effective than sophisticated risk management tools.
Taking a page out of the family-managed business playbook and focusing on long-term horizons, healthy financial reports, and a cautious and vigilant approach to opportunities is a wise decision for startups today, because in these uncertain times, we could all benefit from a little resilience and longevity.
Manav Gadiya is an experienced business owner who has a demonstrated history of working in both the luxury goods and jewellery industries. He is a Skilled Presenter, Public Speaker, Trainer, Financial analyst and is also a good leader.
Being a strong business development professional with a Bachelor of Business Administration focused in Financial Planning and Services from Jain (Deemed-to-be) University - Center for Management Studies has led him to achieve many great things. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at
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