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Uber's Travis Kalanick Says You Need Bizmance Not Bromance to Run A Partnership

Uber's Travis Kalanick Says You Need Bizmance Not Bromance to Run A Partnership
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You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

In his latest trip to India Uber Technologies Founder and CEO Travis Kalanick said the world's biggest taxi aggregator started with something he would like to call Bizmance.

"As I sat with my co-founder, we wondered what it must be to book a cab right away for a few cents and that is when Uber came in."

Kalanick says to be an entrepreneur, you got to be ready for the hard stuff.

At some point the hard stuff will come. You may not have the money, no one would believe in you and you would want to just give up says Kalanick.

About when one should move, Kalanick has a seriously simple tip. 

"When you are starting at the prospect of doing serious physical or emotional damage to yourself is when you should decide to move on," says Kalanick who quit his previous startup only when he reached a stage of damage.

Kalanick believes very few start-ups exist where two partners make it till the end or forever.

At Uber, we have the champions mindset says Kalanick.

"The champions mind is not about winning and losing - but knowing you can get up and fight it - so you would never loose and that is what makes you a true entrepreneur."

Kalanick called his company's exit from China a beautiful experience.

"He can't do everything. Sometimes you should know when it is worth investing more time."

 

Edition: March 2017

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