Prep for curtailed lifestyle change at start: Entrepreneur Munish Randev

Munish Randev, founder and CEO, Cervin Family Office and Advisors, shares what it takes to start a new business

Munish Randev, who has worked for four start-ups before launching one of his own, offers some advice to those planning to embark on this journey

On advantages of an early start

When you are younger, you have fewer responsibilities. You may be single. Even if you're married, your spouse may be working. You wouldn’t have the expenses related to kids or a home loan.

If you shift later, you would have a family, which would have got accustomed to a certain lifestyle. The only positive of starting late is that you may have accumulated some wealth, which could make the transition easier.

On planned