 a very good evening ladies and gentlemen and a very very warm welcome to the entrepreneurs third annual edition of 35 under 35 you know while these 35 images that you just saw and the people that you were just introduced to to you is the class of 2019 but for us at entrepreneur at the headquarters it's a full year's work meeting new entrepreneurs finding out what they do what is it that would actually make them bigger and you know the whole and the whole philosophy of this IP which is entrepreneur 35 under 35 was developed to find such startup founders who would build an explosive and sustainable organization in the times to come and I'm glad that the class of 2019 has already shown one such remarkable success which is Ankati Bose she was yesterday she was declared to be the first women Indian unicorn and she owns organization called Zillingo so you know while she's not here today she's based out of Singapore being an Indian though that that for us is a testimony for us that what we are thinking what we are headed to the way we have identified the value systems that we look for in entrepreneurs is getting results is getting success that we have envisioned for them and that is why they have been featured in the class of 35 I think this year we between myself the entire editorial team even the global team of entrepreneur where we were not sure if we were thinking in the right direction that it has actually jumped in and helped us out so the I think close to 5000 startup founders were what we looked for we spoke with we studied them we studied the kind of work that they did and eventually we came down to these 35 entrepreneurs so ladies and gentlemen a huge kudos to all of them let's put together a great round of applause to the class of 2019 and made this class become bigger better and more promising build world-class organizations so entrepreneurship is something that we sort of live and dream with and particularly for me it's it's a passion I come from an entrepreneurial family I'm partly an entrepreneur myself both wearing the editorial hat of entrepreneur as well as franchise India there's few things that I have come to recognize now as times are changing entrepreneurship five years back was much different than the kind of entrepreneurship and the spirit that we are seeing today so so few things and because this is a big audience and we have entrepreneurs who have excuse me who've done super work in whatever businesses they've built I realize that one thing is that startups and small businesses they are not the same startups have a very different mindset they come from a come from a very from a vision of innovation they come from a vision of not building profits which probably not does not work in the initial years but it will it's something has to be cheap but they come from a vision of changing or bringing a change while small businesses are still concentrated on building profits building an income based business remaining core remaining true to the core values of running a business file of course that does not change for startups either it has to be done something has to be done with them but there's one important thing that I've come to realize that destruction and disruption are two different things and both cannot be seen in the same light and I think it's very important from an Indian India's point of view that we understand what's the difference today so you know there was an editor's note that I wrote a few months back when I heard that Flipkart had been sold to flip Walmart that was my first you know and startups are themselves very young I'm not but that was my first hint with the startup the Bansal's were the first startup founders that I met and for me that was an end of a journey for a startup where it got sold off to a foreign organization that of course is not the end of the journey we will see more startups becoming very large huge among us organizations you know our cover page guy Ritesh though not here is is one of that story amongst us but I think what we need to realize as a startup founders as owners is that by destroying something and recalling disruption is not going to help us we cannot build a disruption by destroying a small business it will not it will not work in the long term it will only lead to a very similar Flipkart story where somebody would see building a different dream out of it what needs to be understood and what needs to be done is to create disruption which will bring change which will bring values or which will bring great success even to small businesses in the future I think that's that's the core system today I see a huge burn by startups which is really about you know I know Twitter is full of it so I don't need to sort of repeat myself over here but it's not going to help the burn is not going to help anyone in the long run it's not going to help the startup and it's not going to help the small business so eventually we still need to be a country where everybody's successful the third thing I've realized and this is very important at least from my point of view that creation and transformation are both different value systems of entrepreneurship you know when you're a startup founder you've started at 25 28 30 whenever and you've got this huge passion you've got this huge sort of intelligent thinking going behind a very very creative concept it's it's been happening for generations while we call them startups now but when that startup is 10 years old or when that company is 15 years old it needs transformation and again it will call back the same energy the same creative thinking the creativity was started with passion but the change or the transformation will come from the pressures of the market will come from the pressures of the business but eventually both of them would need to be done in order to be a true entrepreneur so ladies and gentlemen these are three things hard facts I agree but entrepreneurship is like that it's never going to be easy so I welcome you all to this moment to the entrepreneurs class of 35 and the 35 the third edition and I welcome you and I hope that you have a great evening we have some great program lined up ahead and please enjoy yourself welcome once again thank you Ritu that was truly insightful especially for a person like me