Like a Phoenix Rising from the AshesLaksh Vaaman Sehgal, director, and heir of Samvardhana Motherson Group, is among the few who entered his family business and turned around the lifeline of an ailing UK-based company

ByPriyadarshini Patwa

Opinions expressed by Entrepreneur contributors are their own.

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

Entrepreneur India

As the son of one of India's richest entrepreneurs, stepping out and carving your own identity can be cumbersome. But Laksh Vaaman Sehgal, director, and heir of Samvardhana Motherson Group, is among the few who entered his family business and turned around the lifeline of an ailing UK-based company. He not only proved himself since his first venture but also infused the traditional and modern vision for the best. There is a lot written by Sehgal and his business vision, but only a few know him inside out.

In an exclusive conversation with Entrepreneur India at the Ascent Conclave 2019, he introduced us to his personal side, which makes us understand what makes him the successful man he is today!

If you could recreate something, it would be?

All the mistakes and do them right because you don't get those opportunities again.

Your philosophy in life?

Be yourself!

App you're obsessed with?

Jio Saavn.

Track you are currently listening to?

I listen to a lot of Lord Shiva's aartis and bhajans on a daily basis.

Sports you play?

All! I love playing sports. At this age, I am a retiring athlete moving towards golf.

Favourite holiday destination?

Anywhere that has a nice beach.

Gadget brand you're obsessed with?

Whatever serves my purpose at that time. I don't think I have a particular loyalty to anyone.

Positivity mantra?

Meditate, find yourself and just keep moving forward. Don't give up.

If not an entrepreneur…?

I would be a recluse on a mountain during winters and in the beach in summers.

Most stupid advice?

Look at your work to reward returns. You should be doing the least amount of work, and getting the maximum amount of money. It just blew my mind. The real fun lies in the work. If you don't enjoy what you do, you will never make a lot of money anyway.

The best advice?

A lot of people give great advice. It's up to us to see which one caters to yourself, which works for you. One of them was, "Don't worry much about what's going to happen. Just do what you have to do and put in your best effort."

The entrepreneur you admire?

I don't want to single out anyone but anyone who's really made it from scratch and has built a business. All those who are building businesses where they are hiring people and providing job opportunities, are all to be admired.

The audiobook you are hearing currently?

Phil Knight's Shoe Dog.

Message to young entrepreneurs?

Take risks and don't worry about the outcomes. It's a failure if you stop but it's an obstacle if you keep going. So figure out how to overcome those obstacles. And if you put your best foot forward, you will find success.

(This article was first published in the January issue of Entrepreneur Magazine. To subscribe, clickhere)

Wavy Line
Priyadarshini Patwa

Former Features Editor, Entrepreneur India

Priyadarshini Patwa is the Former Features Editors of Entrepreneur India and hosted an Instagram show every Friday named“放松”, about people from different walks of life and talk about their work and beyond. She handled the lifestyle, features, technology, entertainment segments and was also responsible for the Digital Covers. Previously she has worked with MensXP, a Times of India entity and Deccan Chronicle.

她在Twitter和@priyadarshin @Priyanka_Patwaipatwa on Instagram.

Related Topics

Finance

A Founder-First VC Firm That Likes Bold Ideas

BEENEXT's funding prospects for the coming year are optimistic as it continues to identify promising founders and their ground-breaking startup ideas.

Business Culture

The Newest Workplace Trend Has HR Sounding The Alarm

HR departments are still figuring out how to handle "quiet quitting," but a new trend is taking over.

Growing a Business

Why Being Profitable is a Business Strategy in Itself

Profitability is a part of the strategic effort to be a hyper-growth, customer-centric and commercially-minded organization. And yes, it's a strategy.

News and Trends

Mondelez印度选择五个创业公司For CoLab Accelerator Program

As per an official statement, the startups were handpicked from a competitive pool of over 250 applications across categories like baked snacks, chocolates, confectionery, and savory snacks from all corners of India

Business News

Steve Jobs's Son Is Diving Into Venture Capital — and His Focus Hits Close to Home

Reed Jobs, 31, launched venture capital firm Yosemite, which already boasts $200 million from investors and institutions.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.