Why Building A Company Is Never Just About What You Do, But Why You Do It

Leadership, succession and entrepreneurship all come alive only when we dare to answer the quiet question: what am I really building?

Why Building A Company Is Never Just About What You Do, But Why You Do It (Image by Gerd Altmann from Pixabay)

When you are in your late twenties or thirties in India today, the noise around you is relentless. Build quickly. Scale faster. Become a unicorn, then look for the next horizon. And why not? We live in an age where an idea can travel from coffee shop to capital market in what feels like no time at all. Yet amid this pace, the simplest question often gets left behind. Why am I really doing this?

The journey of building an enterprise, or carrying forward a family business, is rarely about ticking off strategy slides or chasing the next round of funding. It is also about those unexpected moments when doubt creeps in, the late‑night conversations with family about what success truly means, and that stubborn thought that refuses to leave: am I creating something that will matter beyond me, or only something that keeps me occupied?

In countless boardrooms and founder circles, I have noticed how we obsess over the what — the product roadmap, the expansion plan — and the how — the capital raise, the technology, the team structure. Yet we give far less attention to the why. When the why is weak or borrowed, cracks appear over time. They surface in culture that struggles to stay authentic, in succession plans that nobody really believes in, and in leadership behaviour that wavers when it is tested.

Entrepreneurship and leadership in India stand at a fascinating crossroads. The old model, where the next generation simply stepped in without question, is being questioned itself. Many in the new generation want more than a seat at the table. They want purpose, independence, and the space to redefine what the table looks like. At the same time, first‑generation founders discover that true scale demands stepping back. It asks them to trust teams that might do things differently, perhaps even better.

Succession planning, when stripped of corporate language, really comes down to something deeply human. What exactly are we handing over? Is it merely assets and authority? Or is it a way of thinking, a culture that can adapt, and a set of values that guide decisions when the patriarch or the founder is not in the head chair?

Leadership too, at its heart, is less about directing others and more about being willing to say “I do not know” when the honest answer is uncertainty. It is about inviting feedback and critique, listening carefully, and showing your team what vulnerability looks like so they feel safe to do the same.

The businesses and entrepreneurs who will last, in my view, are those who remember that growth is best seen as a consequence of purpose, not a replacement for it. They recognise that culture is shaped daily by real behaviour, not by slogans on a wall. And they accept that planning the future starts with asking the hardest questions of ourselves today.

In the end, building an enduring business is less about having your name on the building, and more about leaving behind a way of thinking that future generations can take forward — and make their own.

Yet what does all this look like in real life?

I think of a young founder I met recently who left a thriving fintech role to join her family’s mid‑sized manufacturing business. On paper, it was a safe path - the business was profitable and respected. Yet her first year was spent wrestling with an unexpected question: “Do I truly want to run this because it excites me, or because it would disappoint my parents if I did not?”

Or take the thirty‑something product manager in a startup, who is confused: “Am I building something that means anything to me beyond my next appraisal or ESOP vesting?”

These moments rarely appear on LinkedIn updates or company town‑halls. Yet they are the very questions that shape what we really build.

It does not matter whether you are leading a large corporate team, running your own startup, or balancing tradition and reinvention in a family enterprise. The tension between purpose and pressure, between what the market demands and what feels authentic, is something most of us navigate silently.

We live in times when words like valuation, burn rate and runway come up as easily over tea as they do in investor meetings. Podcasts, founder AMAs and strategy offsites offer frameworks and mantras. Yet the quietest, most personal question - “Why am I really doing this?” - cannot be outsourced.

Perhaps you too have wondered if purpose is a luxury only after you ‘make it’, or if there is room for it even now. Perhaps you have debated whether being a good boss means being liked, or being fair. Perhaps you have worried that stepping back will look like weakness, when in fact it may be the strongest move.

None of us has perfect answers. And that may be the point.

The companies and careers that will last are rarely the ones built only on the ‘what’ and the ‘how’. They are anchored by leaders at every level, who keep returning to the ‘why’, refining it, and living it out even when it is inconvenient.

So wherever you are - running your own venture, working in someone else’s, or carrying forward a legacy - ask yourself: what part of what I build will still matter 10 years from now?

Perhaps none of us fully know our ‘why’ on day one. Yet asking, refining and living that question might just be the most enduring part of our journey.

Srinath Sridharan is corporate adviser and independent director on Corporate Boards. Author of ‘Family and Dhanda’.

Disclaimer: The views expressed here are those of the author and do not necessarily represent the views of NDTV Profit or its editorial team. 

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