Entrepreneurial Journey

I came across the following article which tries to explain why Indian entrepreneurs don't involve advisors compare to the entrepreneurs from other countries. However with time, entrepreneurs are becoming more willing to involve mentors and advisors. I personally believe it really helps having advisors on your board.

" Why are Indian entrepreneurs shy about involving advisors? While the entrepreneurial eco-system here is not as mature as in the US and the culture of mentoring isn’t as widely prevalent, the fact remains that most entrepreneurs are hesitant to have advisors. Some of the hesitation can be attributed to lack of awareness and shyness.
The larger reason and more serious reason is due to fear, anxiety, and arrogance. Fear about losing control and influence. Fear of sharing company information with a “third party”. Fear of having to share the pie. Arrogance about knowing it all. "

Its an interesting article.Read the complete article here