Frugal Innovation Quotes

I belong to the breed of first-generation entrepreneurs who have basically created our enterprises with very frugal resources.

Less money sometimes allows you to be more creative.

My personal style comes from jugaad, a Hindi word meaning doing more with less.

Creativity starts when you cut a zero from your budget.

The cheapest, fastest, and most reliable components are those that aren't there.

India is not going to come up with the best and most modern car, but if you want the most economic car in the world, we're pioneering that with the Nano, which the Tata Group did in India, for example. And I would call that innovation of the highest degree.

We look for the scrappy entrepreneur: the kind of person who will get things done without looking to spend money right away.

I started LearnVest with a tiny savings account where I paid designers, technologists, and even bartered... Because I started with paying for things myself with my own savings, it sharpened my focus of how to spend money.

The more you keep costs down, the more freedom you have creatively.

I was a big jugaadoo.

In my father's language: "To create something out of nothing." That possibility exists in India even in old-world sectors like agriculture.

I found it very helpful not to do the venture round. Instead, I started with very little money, a few thousand dollars, and I did every job myself. I was the first photographer. I was the first customer service rep. I was the first online marketing person.

Startups are often very undercapitalised, but I found that to be very beneficial because it forces you not to throw money at problems. Instead, you learn all the nuts and bolts of what you're doing and become an expert.

Of course it would cost something, but he was an expert in cutting corners; and when there were no more corners left he would make circles rounder.

If you want to make something dirt cheap, make it out of dirt–preferably dirt that is locally sourced.

The word jugaad means a lot to us Indians.

Creativity is the answer. I always prefer the creative solution to an expensive solution.