Pranav Bhasin
...graduated from NSIT in 2000, joining Trilogy in its first 20 member team. At Trilogy, he got the chance to head various projects, but eventually decided that entrepreneurship was the field for him. In 2007, he started Lifeblob, a social timeline service.

1.What do you think are the qualities of a successful entrepreneur, and do you consider an .MBA degree is necessary for becoming a leading entrepreneur?
Don’t think of an MBA as a qualification. I believe doing an MBA makes you more risk averse. It induces fear, makes it harder to think out of the box. One of the things about successful entrepreneurs is that they don’t know what’s on the other side. You have a vision, a big idea, you have a team that’s passionate about it, and you’ll just go out and do it. If you do an MBA, you go into the depths of various subjects, that curbs your ability to think out of the box. You think “I know what’s going to be the outcome, so why even bother trying?”. Two qualities which I believe an entrepreneur requires are:
Ability to take a risk. There is no substitute for it.
Ability to execute fast. You need to listen to people, discuss ideas with them, but don’t get too attached to those ideas. Feel free to change or drop ideas if the need arises.