8 Questions for an Aspiring Bhutanese Entrepreneur

When I was invited to talk to a group of young entrepreneurs at the “I’m an Entrepreneur” event last year in Thimphu, I had to stay up late into the night thinking of what to talk about because my regular subjects weren’t going to make any sense to the entrepreneurial audience. 

Bhutanese Entrepreneur with Lyonpo Loknath at RIM

So, I came up with a list of 8 questions a Bhutanese Entrepreneur must ask himself or herself, which is a compilation of bits and pieces of wisdom I have gathered from my encounters with successful entrepreneur friends, books, talks and from my own experience of founding and running Bhutan Toilet Org.

Despite several suggestions from the young entrepreneurs in the audience that day to rewrite my talk into an article, I didn’t get the right time or motivation to do it till today. The lockdown has given me a long and quiet time to catch up on the things I have missed, this being one. And I also thought if I shared this during the lockdown, chances of you reading it wholeheartedly and contemplating it is greater.

One of the organizers came to me after my talk and said, “Acho, I felt like you were talking about all the mistakes I have made.” I had to assure him that these were general theories that are often overlooked and that’s how we land up making the same mistakes;

Following are the 8 questions, in no particular order, an aspiring entrepreneur or a new entrepreneur must ask him/herself to ensure that they don’t have to make the same old mistakes people ahead of us made.

1.     Are you ready to start a business?