Get All Access for $5/mo

Uber's Travis Kalanick Once Said You Need Bizmance Not Bromance to Run A Partnership "To be an entrepreneur, you got to be ready for the hard stuff," Kalanick said.

By Aashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Wikipedia

In his last latest trip to India in 2017 Uber Technologies Founder and CEO Travis Kalanick had 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.

Looks like the time to be ready for the hard stuff has begun for Kalanick as he is forced to step down owing to investor pressure.

The American computer programmer and businessman has had to battle a string of grave allegations of sexual harassment, gender discrimination along with an unfriendly work culture in the last couple of months.

"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."

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

News and Trends

Aadhaar-Driven Financial Inclusion: Catalyzing Regional Economic Growth in Rural India

The emergence of digital tools such as the Aadhaar-enabled Payment System (AePS), which uses the biometric-based Aadhaar identity system for cash transfers and regular banking tasks, has become a tool to bridge the gap and improve financial inclusion

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.