Lessons from Sanjeev Bikhchandani - A Masterclass in Business and Life

What does it take to build a career, a business, or even a legacy? According to Sanjeev Bikhchandani, the answer isn’t just intelligence or luck - it’s persistence, risk management, and the ability to delay gratification. In his address at the Convocation Ceremony for the Cohort of 2022, he offered students more than just inspiration; he laid down a roadmap for navigating the complex world of business.

Business school, reimagined

B-school education has long been about textbooks and case studies, but at Masters’ Union, it’s about something more - doing. Sanjeev acknowledged this, praising the institution’s hands-on approach, where students don’t just study businesses; they start them. With some already securing funding for their ventures, the message is clear: entrepreneurship isn’t an abstract concept here - it’s a way of life.

Reality check: Experience trumps theory

One of the starkest contrasts between traditional business education and the real world? The corporate grind. Many students at Masters’ Union come with prior work experience, making them acutely aware of business realities. This, he argues, gives them an edge - understanding firsthand what works, what doesn’t, and how to navigate challenges with strategic patience.

The long game: persistence over perfection

Success is rarely instant. Sharing his own journey, Sanjeev emphasized that it took over a decade before things truly clicked. His takeaway? Keep at it. Whether launching a startup or climbing the corporate ladder, the key is to stay committed, even when results aren’t immediate.

Smart risks and smarter savings

Risk-taking is integral to entrepreneurship, but it’s not about recklessness. Sanjeev shared his strategy of keeping financial risks low - like living at home to minimize costs - allowing him the flexibility to explore business ideas without the crushing pressure of immediate profitability. His advice? Reduce unnecessary expenses, invest wisely, and build a financial cushion before going all in.

People matter more than you think

No matter how skilled or knowledgeable you are, business is ultimately about people. Sanjeev Bikhchandani reflected on his early career struggles, emphasising that interpersonal skills and relationships are just as crucial as technical expertise. Whether pitching investors, leading teams, or negotiating deals, success is built on trust, collaboration, and strong networks.

Delayed gratification: A superpower

We live in an era of instant gratification - one-click purchases, overnight success stories, and the pressure to "make it" quickly. But real success, as he highlighted, comes from financial discipline. Spend less, invest more, and focus on long-term growth rather than short-term indulgence.

Beyond profit: The responsibility to give back

Success isn’t just about personal wealth or career milestones - it’s about impact. Sanjeev urged students to consider how they can contribute to society, whether through financial support, mentorship, or service. After all, the mark of a great entrepreneur isn’t just what they build, but what they give back.

A final thought

For students at Masters’ Union, this speech was a playbook for the real world. The lessons? Think long-term, manage risks wisely, build strong relationships, and give back when you can. Because in the end, business isn’t just about making money, it’s about making a difference.