When I was building my first hotel, I kept in mind a simple rule that if I had to sell the business, it should be easy for anybody to buy it. I remember going through the Oxford English Dictionary. Every night I used to go through 10 pages, and finally came up with 1,800 names. I brought it down to about 100. Then, down to 18. Then I called my close friends, about 10 of them, who were all executives in various companies, including, Arindam. I said, “These are the brand attributes, and here are the 18 names. Let’s discuss it.” A few of them were in advertising and so on. Finally, we selected ‘Lemon Tree’.
Secret Diary of an Entrepreneur / CEO-2018
"Time has far more value than any investor giving me $1 million-2 million"
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